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ESG-Aspekte von Krypto-Assets
This report on ESG Aspects of Cryptoassets aims to address the prevailing misconceptions surrounding the energy consumption associated with Bitcoin mining. It highlights that Bitcoin’s absolute energy consumption is actually lower than that of traditional monetary and payment systems it seeks to disrupt. Comparatively, both gold mining and the legacy financial system consume a greater…
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Einführung von Kryptoassets und Volatilität
This report on Cryptoasset Adoption and Volatility examines the global adoption rates of cryptoassets, highlighting key trends and factors that contribute to their growth. Developing countries lead the way in adoption rates, with male millennials around the age of 35 being the most likely cryptoasset owners. Factors such as inflation and money supply growth have…
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Kryptoassets im neuen Inflationsregime: Ist Bitcoin eine Absicherung gegen die Inflation?
This report analyzes the question whether cryptoassets and in particular Bitcoin can serve as an inflation hedge within multiasset portfolios. Although inflation dynamics will likely continue to decline throughout the next year, we provide evidence that high inflation rates will be the “new normal” in the medium to long term. Amongst other things, the study shows that…
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Kryptoassets und die Makroökonomie: Können Makrofaktoren den Preis von Bitcoin erklären?
Which macro variables have recently been influencing the price of Bitcoin is a topic of continuing discussion in the cryptoasset community. Some contend that Bitcoin is just another “risk-on” trade like any other and that its value has a strong correlation with equity prices. There is some truth to that, as Bitcoin is currently still…