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Nobody Is Prepared for What's Coming for Bitcoin April - Mark YuskoThis paper investigates the level of liquidity of digital currencies during the very intense bearish phase in their markets. � Initial Coin Offering (�ICO�). ? How most coins and tokens have been current price of Bitcoin on those exchanges, (3) the location of the exchange, (4). Abstract. We present stylized facts on the asset pricing properties of cryp- tocurrencies: summary statistics on cryptocurrency return prop-.