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Since the introduction of Bitcoin in 2009, the dramatic and unsteady evolution of the cryptocurrency market has also been driven by large investments by traditional and cryptocurrency-focused hedge funds. Notwithstanding their critical…

Statistical Finance · Quantitative Finance 2023-01-11 Luca Mungo , Silvia Bartolucci , Laura Alessandretti

We propose a modelling framework for the optimal selection of crypto assets. Crypto assets differ by two essential features: security (technological) and stability (governance). Investors make choices over crypto assets similarly to how…

Computers and Society · Computer Science 2019-07-23 Silvia Bartolucci , Andrei Kirilenko

Crypto Currencies have recently gained enormous popularity amongst the general public. With each passing day, more and more companies are radically accepting crypto cur-rencies in their payment systems, paving way for an economic…

Cryptography and Security · Computer Science 2017-12-01 Sufian Hameed , Sameet Farooq

Cryptocurrencies have evolved into an important asset class, providing a variety of benefits. However, they also present significant risks, such as market volatility and the potential for misuse in illegal activities. These risks underline…

Computers and Society · Computer Science 2024-07-02 Xihan Xiong , Junliang Luo

In relation to the traditional financial markets, the cryptocurrency market is a recent invention and the trading dynamics of all its components are readily recorded and stored. This fact opens up a unique opportunity to follow the…

Statistical Finance · Quantitative Finance 2023-05-11 Stanisław Drożdż , Jarosław Kwapień , Marcin Wątorek

This article demonstrates the possibility of constructing indicators of critical and crisis phenomena in the volatile market of cryptocurrency. For this purpose, the methods of the theory of complex systems such as recurrent analysis of…

Statistical Finance · Quantitative Finance 2018-07-23 Vladimir Soloviev , Andrey Belinskiy

We endorse the idea, suggested in recent literature, that BitCoin prices are influenced by sentiment and confidence about the underlying technology; as a consequence, an excitement about the BitCoin system may propagate to BitCoin prices…

Mathematical Finance · Quantitative Finance 2019-09-23 Alessandra Cretarola , Gianna Figà-Talamanca

Blockchain is a radical innovation with a unique value proposition that shifts trust from institutions to algorithms. Still, the potential of blockchains remains elusive due to knowledge gaps between computer science research and…

Cryptography and Security · Computer Science 2021-05-06 Olga Labazova , Erol Kazan , Tobias Dehling , Tuure Tuunanen , Ali Sunyaev

Network testing plays an important role in the iterative process of developing new communication protocols and algorithms. However, test environments have to keep up with the evolution of technology and require continuous update and…

Networking and Internet Architecture · Computer Science 2024-10-30 Matevž Vučnik , Tomaž Šolc , Urban Gregorc , Andrej Hrovat , Klemen Bregar , Miha Smolnikar , Mihael Mohorčič , Carolina Fortuna

Thousands of cryptocurrencies have been issued and publicly exchanged since Bitcoin was invented in 2008. The total cryptocurrency market value exceeds 300 billion US dollars as of 2019. This paper analyzes the prices, volumes, blockchain…

Statistical Finance · Quantitative Finance 2022-04-21 Xiao Fan Liu , Zeng-Xian Lin , Xiao-Pu Han

Cryptocurrencies are considered relevant assets and they are currently used as an investment or to carry out transactions. However, specific characteristics commonly associated with the cryptocurrencies such as irreversibility,…

Cryptography and Security · Computer Science 2023-11-30 Hugo Almeida , Pedro Pinto , Ana Fernández Vilas

The energy consumption and related carbon emissions of cryptocurrencies such as Bitcoin are subject to extensive discussion in public, academia, and industry. As cryptocurrencies continue their journey into mainstream finance, incentives to…

Computers and Society · Computer Science 2023-03-21 Ulrich Gallersdörfer , Lena Klaaßen , Christian Stoll

Cryptocurrencies are examined through the asset flow equations and experimental asset markets. Since tangible value of a typical cryptocurrency is non-existent, the theory suggests that price will gravitate toward liquidity value, i.e., the…

Mathematical Finance · Quantitative Finance 2018-02-28 Carey Caginalp , Gunduz Caginalp

Blockchain and its application on cryptocurrency transactions have gathered a lot of attention and popularity since the birth of the pioneer Bitcoin in 2009. More than 1500 cryptocurrencies are currently circulated in the market. The…

Computers and Society · Computer Science 2019-01-21 Gourang Aggarwal , Vimal Patel , Gaurav Varshney , Kimberly Oostman

Bitcoin's limited scripting capabilities and lack of native interoperability mechanisms have constrained its integration into the broader blockchain ecosystem, especially decentralized finance (DeFi) and multi-chain applications. This paper…

Cryptography and Security · Computer Science 2025-11-04 Guojun Tang , Carylyne Chan , Ning Nan , Spencer Yang , Jiayu Zhou , Henry Leung , Mohammad Mamun , Steve Drew

In recent years, blockchain technology has received unparalleled attention from academia, industry, and governments all around the world. It is considered a technological breakthrough anticipated to disrupt several application domains. This…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-02-10 Md Sadek Ferdous , Mohammad Jabed Morshed Chowdhury , Mohammad A. Hoque , Alan Colman

Cryptocurrencies such as Bitcoin are realized using distributed systems and hence critically rely on the performance and security of the interconnecting network. The requirements on these networks and their usage, however can differ…

Networking and Internet Architecture · Computer Science 2020-08-20 Maya Dotan , Yvonne-Anne Pignolet , Stefan Schmid , Saar Tochner , Aviv Zohar

In the wake of financial crises, stablecoins are gaining adoption among digital currencies. We discuss how stablecoins help reduce the volatility of cryptocurrencies by surveying different types of stablecoins and their stability…

General Finance · Quantitative Finance 2021-03-03 Ayten Kahya , Bhaskar Krishnamachari , Seokgu Yun

A cryptocurrency is a decentralized digital currency that is designed for secure and private asset transfer and storage. As a currency, it should be difficult to counterfeit and double-spend. In this paper, we review and analyze the major…

Cryptography and Security · Computer Science 2019-04-26 Ehab Zaghloul , Tongtong Li , Matt Mutka , Jian Ren

This research analyses high-frequency data of the cryptocurrency market in regards to intraday trading patterns related to algorithmic trading and its impact on the European cryptocurrency market. We study trading quantitatives such as…

Trading and Market Microstructure · Quantitative Finance 2020-09-10 Alla A. Petukhina , Raphael C. G. Reule , Wolfgang Karl Härdle
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