@inproceedings{57749908030647baaf33479caa5a6a7c,
title = "Unraveling the effects of google search on volatility of cryptocurrencies",
abstract = "Although cryptocurrencies have garnered enormous public attention in recent times, extensive fluctuations in their prices have deterred prospective investors. Due to the absence of a centralized valuation authority, the credibility of cryptocurrencies as a viable investment vehicle remains elusive. Building on attention theory, this study posits that prospective investors of cryptocurrencies are likely to search online for information before deciding whether to make a commitment. We hence investigate the effects of Google search on the return and risk of 268 cryptocurrencies over 181 trading days. Results indicate that the Google Search Volume Index (SVI) of a given cryptocurrency exerts significant and positive impact on its price and turnover.",
keywords = "Attention economy, Cryptocurrency, Google search, Return, Risk",
author = "Zhao Cai and Lim, {Eric T.K.} and Fei Liu and Tan, {Chee Wee} and Zhiqiang Zheng",
note = "Publisher Copyright: {\textcopyright} International Conference on Information Systems 2018, ICIS 2018.All rights reserved.; 39th International Conference on Information Systems, ICIS 2018 ; Conference date: 13-12-2018 Through 16-12-2018",
year = "2018",
language = "English",
series = "International Conference on Information Systems 2018, ICIS 2018",
publisher = "Association for Information Systems",
booktitle = "International Conference on Information Systems 2018, ICIS 2018",
address = "United States",
}