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Showing archive for:  “Cryptocurrency Research”

The Halloween Effect and the Premature Burial of Efficient Markets

Every October, financial journalism performs a small act of necromancy. Out comes the “Halloween effect,” the finding that stocks tend to earn higher returns from November through April than from May through October. It gives apparent empirical backing  to the old stock-market adage “Sell in May and go away.” The implied strategy is simple: Hold ... The Halloween Effect and the Premature Burial of Efficient Markets

After the FTX Crash, What’s Next for Crypto?

For many observers, the collapse of the crypto exchange FTX understandably raises questions about the future of the crypto economy, or even of public blockchains as a technology. The topic is high on the agenda of the U.S. Congress this week, with the House Financial Services Committee set for a Dec. 13 hearing with FTX ... After the FTX Crash, What’s Next for Crypto?

Privacy, Crypto, and EU Financial Surveillance

European Union lawmakers appear close to finalizing a number of legislative proposals that aim to reform the EU’s financial-regulation framework in response to the rise of cryptocurrencies. Prominent within the package are new anti-money laundering and “countering the financing of terrorism” rules (AML/CFT), including an extension of the so-called “travel rule.” The travel rule, which ... Privacy, Crypto, and EU Financial Surveillance