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1 – 2 of 2Yen Sun, Citra Amanda and Berty Caroline Centana
This research aims to determine the factors that affected Bitcoin price return in the period before and during the COVID-19 pandemic.
Abstract
Purpose
This research aims to determine the factors that affected Bitcoin price return in the period before and during the COVID-19 pandemic.
Design/methodology/approach
The independent variables used in this study are hashrate, transaction volume, social media and some macroeconomics variables. The data are processed using the vector error correction model (VECM) to determine the short-term and long-term relationships between variables.
Findings
The research shows that (1) Twitter and Gold significantly affected Bitcoin in the short term before the COVID-19 pandemic; (2) hashrate, transaction volume, Twitter and the financial stress index had a significant effect on Bitcoin in the long term before the COVID-19 pandemic; (3) the volatility index had a significant effect on Bitcoin in the short term during the COVID-19 pandemic; and (4) hashrate, transaction volume, Twitter and CHF/USD had a significant effect on Bitcoin in the long term during the COVID-19 pandemic.
Research limitations/implications
This research provides explanation about factors affecting Bitcoin so investors and regulators can pay more attention and prepare for the potential risks as well as to get a good understanding of market conditions for greater crypto adoption in the future.
Originality/value
The novelty in this study is the various factors driving the Bitcoin price were analyzed before and during the COVID-19 pandemic including the social media, as sentiment, interestingly, is being a predictive power for Bitcoin price return.
Details
Keywords
Nofie Iman, Muhammad Tafdhil Amanda and Jovita Angela
The authors have faced rapid technological developments over the past few years. Still, the authors face challenges of maritime supply chain inefficiency, high costs and the low…
Abstract
Purpose
The authors have faced rapid technological developments over the past few years. Still, the authors face challenges of maritime supply chain inefficiency, high costs and the low competitiveness of Indonesian ports. In line with the flow of this research, the purpose of this paper is to conceptualise best practices to improve port connectivity, which impacts improving maritime logistics capabilities in Indonesia that are relevant to the current situation.
Design/methodology/approach
The authors utilise surveys and interviews as a data collection method, where several sources were actors in the maritime logistics industry. The authors also use secondary data from the Ministry of Transport of the Republic of Indonesia, online databases as well as trade magazines and newspapers. This paper conducts a multiple case study and principal component analysis (PCA) to meet the research objectives.
Findings
The intention to use port digitisation services will increase if the perceived usefulness of the service also increases. Also, if the negative coefficient of user trust rises, it will bring a very sharp decrease in customers' intentions to use. Furthermore, the high estimated value of context indicates that users expect to have a good experience using the application and bring benefit to their business.
Originality/value
Based on the authors’ knowledge, there has been no review about port digitalisation, specifically in Indonesia. The authors initially provided best practices to improve port connectivity, which can impact improving maritime logistics capabilities.
Details