In this study, we analyze stock market performance of 46 firms that show very large price rises in COVID-19 times for the period 21/11/2019 – 20/1/2021. These cover 6 industries - work-from-home companies, stay-at-home companies, Cryptocurrency companies, Bitcoin companies, Coronavirus Vaccine...

Are gold-backed cryptocurrencies as stable as gold during crises? In this paper, we assess whether gold-backed stablecoins, purported to be safer than other cryptocurrencies indeed demonstrate safe haven characteristics during the COVID-19 pandemic. In the digital assets’ ecosystem,...

This paper examines and compares financial market reaction and recovery of four broad classes of financial assets – equity indexes, precious metals, 10-year benchmark bonds and cryptocurrencies, to the COVID-19 pandemic. Using the Yang and Zhao (2020) quantile unit-root tests for return...