Dr John Fry J.M.Fry@hull.ac.uk
Senior Lecturer in Applied Mathematics
Towards a taxonomy for crypto assets
Fry, John; Ibiloye, Olamide
Authors
Olamide Ibiloye
Abstract
We explore the taxonomy of cryptocurrencies and integrate our analysis with traditional ways of understanding financial assets. We thus classify crypto-currencies using the time series and distributional properties of returns. Cryptocurrencies appear inherently speculative in nature. The result is even more clear cut when time series measures of distance are used. Results tally with wider concerns raised regarding excessive volatility of stablecoins.
Citation
Fry, J., & Ibiloye, O. (2023). Towards a taxonomy for crypto assets. Cogent Economics and Finance, 11(1), Article 2207266. https://doi.org/10.1080/23322039.2023.2207266
Journal Article Type | Article |
---|---|
Acceptance Date | Apr 23, 2023 |
Online Publication Date | May 1, 2023 |
Publication Date | 2023 |
Deposit Date | May 11, 2023 |
Publicly Available Date | May 12, 2023 |
Journal | Cogent Economics & Finance |
Print ISSN | 2332-2039 |
Publisher | Taylor and Francis Group |
Peer Reviewed | Peer Reviewed |
Volume | 11 |
Issue | 1 |
Article Number | 2207266 |
DOI | https://doi.org/10.1080/23322039.2023.2207266 |
Keywords | Bitcoin; Cryptocurrency; Fin tech; Probability distribution; Statistics; Time series |
Public URL | https://hull-repository.worktribe.com/output/4288502 |
Additional Information | Peer Review Statement: The publishing and review policy for this title is described in its Aims & Scope.; Aim & Scope: http://www.tandfonline.com/action/journalInformation?show=aimsScope&journalCode=oaef20; Received: 2022-12-29; Accepted: 2023-04-23; Published: 2023-05-01 |
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Copyright Statement
© 2023 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The terms on which this article has been published allow the posting of the Accepted Manuscript in a repository by the author(s) or with their consent.
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