Cryptocurrency as an investment or speculation: a bibliometric review - Daily info 7

Cryptocurrency as an investment or speculation: a bibliometric review

A bibliometric review of cryptocurrency as an investment or speculation provides a comprehensive analysis of the existing literature on the subject. Here’s a summary based on the latest bibliometric study:

**Purpose:**

The study aimed to review the literature available on cryptocurrency investment and speculation using a bibliometric approach.

It sought to identify key trends such as geographical distribution of research, influential countries and institutions, collaboration networks, frequently published authors, and the progression of important keywords over time¹.

**Methodology:**

The review analyzed English-language literature from 2012 onwards that included terms like “cryptocurrency,” “Ethereum,” “Bitcoin,” along with “investment” or “speculation” in their titles .

The data was extracted from the Scopus database and analyzed using tools like Biblioshiny and VOSViewer¹.

**Findings:**

– The UK, Australia, China, and the USA are prominent in terms of citations and collaboration networks.

– Core themes include cryptocurrency and Bitcoin, with issues like volatility, hedging, the COVID-19 pandemic, Ethereum, blockchain, co-integration, portfolio diversification/optimization, spillover, safe haven, investor attention, and gold being significant.

– There is considerable interdisciplinary research on the financial implications of cryptocurrencies as an asset class¹.

 

**Originality/Value:**

The study focused on the financial aspects of cryptocurrency rather than its technological or legal aspects, providing insights into its role as an asset class and its speculative nature¹.

 

This bibliometric review highlights the growing academic interest in cryptocurrencies and their complex role in investment and speculation. It underscores the importance of understanding the multifaceted nature of these digital assets and their impact on the global financial landscape.