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This letter explores the behavior of conditional correlations among main cryptocurrencies, stock and bond indices, and gold, using a generalized DCC class model. From a portfolio management point of view, asset correlation is a key metric…

Statistical Finance · Quantitative Finance 2019-02-28 Nektarios Aslanidis , Aurelio F. Bariviera , Oscar Martinez-Ibañez

We present positive evidence of price stability of cryptocurrencies as a medium of exchange. For the sample years from 2016 to 2020, the prices of major cryptocurrencies are found to be stable, relative to major financial assets.…

General Economics · Economics 2021-12-14 Tatsuru Kikuchi , Toranosuke Onishi , Kenichi Ueda

The review introduces the history of cryptocurrencies, offering a description of the blockchain technology behind them. Differences between cryptocurrencies and the exchanges on which they are traded have been shown. The central part…

Statistical Finance · Quantitative Finance 2021-03-10 Marcin Wątorek , Stanisław Drożdż , Jarosław Kwapień , Ludovico Minati , Paweł Oświęcimka , Marek Stanuszek

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 will present improvements to famous algorithms for community detection, namely Newman's spectral method algorithm and the Louvain algorithm. The Newman algorithm begins by treating the original graph as a single cluster, then repeats the…

Social and Information Networks · Computer Science 2024-03-14 Duy Hieu Do , Thi Ha Duong Phan

We investigate connectedness within and across two major groups or assets: i) five popular cryptocurrencies, and ii) six major asset classes plus two commonly employed risk factors. Granger-causality tests uncover six direct channels of…

General Finance · Quantitative Finance 2018-09-11 George Milunovich

We consider the problem of constructing a portfolio that combines traditional financial assets with crypto assets. We show that despite the documented attributes of crypto assets, such as high volatility, heavy tails, excess kurtosis, and…

Econometrics · Economics 2024-12-04 Kasper Johansson , Stephen Boyd

One key challenge in Social Network Analysis is to design an efficient and accurate community detection procedure as a means to discover intrinsic structures and extract relevant information. In this paper, we introduce a novel strategy…

Social and Information Networks · Computer Science 2019-02-11 Mohamed-Hamza Ibrahim , Rokia Missaoui , Abir Messaoudi

In this paper, we consider networks consisting of a finite number of non-overlapping communities. To extract these communities, the interaction between pairs of nodes may be sampled from a large available data set, which allows a given node…

Social and Information Networks · Computer Science 2014-02-20 Se-Young Yun , Alexandre Proutiere

The stochastic block model and its variants have been a popular tool in analyzing large network data with community structures. In this paper we develop an efficient network cross-validation (NCV) approach to determine the number of…

Methodology · Statistics 2015-03-30 Kehui Chen , Jing Lei

This work aims to analyse the predictability of price movements of cryptocurrencies on both hourly and daily data observed from January 2017 to January 2021, using deep learning algorithms. For our experiments, we used three sets of…

Statistical Finance · Quantitative Finance 2021-02-18 Marco Ortu , Nicola Uras , Claudio Conversano , Giuseppe Destefanis , Silvia Bartolucci

Discovering community structure in complex networks is a mature field since a tremendous number of community detection methods have been introduced in the literature. Nevertheless, it is still very challenging for practioners to determine…

Social and Information Networks · Computer Science 2021-04-15 Vinh-Loc Dao , Cécile Bothorel , Philippe Lenca

Cybercriminals have been exploiting cryptocurrencies to commit various unique financial frauds. Covert cryptomining - which is defined as an unauthorized harnessing of victims' computational resources to mine cryptocurrencies - is one of…

Cryptography and Security · Computer Science 2020-12-16 Ankit Gangwal , Samuele Giuliano Piazzetta , Gianluca Lain , Mauro Conti

Modern Portfolio Theory (MPT) prescribes how to maximise the return of an asset portfolio for a given level of risk. The optimal trade-off between return and variance defines the efficient frontier. Whether actual cryptoasset portfolios…

Computational Engineering, Finance, and Science · Computer Science 2026-05-21 Ivan Vynyavskyy , Stefan Kitzler , Bernhard Haslhofer , Aviv Yaish

Unsupervised node clustering (or community detection) is a classical graph learning task. In this paper, we study algorithms, which exploit the geometry of the graph to identify densely connected substructures, which form clusters or…

Social and Information Networks · Computer Science 2023-07-20 Yu Tian , Zachary Lubberts , Melanie Weber

The Collaborative Research Cycle (CRC) is a National Institute of Standards and Technology (NIST) benchmarking program intended to strengthen understanding of tabular data deidentification technologies. Deidentification algorithms are…

Cryptography and Security · Computer Science 2024-03-04 Aniruddha Sen , Christine Task , Dhruv Kapur , Gary Howarth , Karan Bhagat

Cryptocurrency is a fast-moving space, with a continuous influx of new projects every year. However, an increasing number of incidents in the space, such as hacks and security breaches, threaten the growth of the community and the…

Computational Engineering, Finance, and Science · Computer Science 2024-03-12 Inwon Kang , Maruf Ahmed Mridul , Abraham Sanders , Yao Ma , Thilanka Munasinghe , Aparna Gupta , Oshani Seneviratne

Cryptocurrencies, arguably the most prominent application of blockchains, have been on the rise with a wide mainstream acceptance. A central concept in cryptocurrencies is "mining pools", groups of cooperating cryptocurrency miners who…

Cryptography and Security · Computer Science 2022-10-20 Ayodeji Adeniran , David Mohaisen

We propose an ensemble clustering algorithm for graphs (ECG), which is based on the Louvain algorithm and the concept of consensus clustering. We validate our approach by replicating a recently published study comparing graph clustering…

Machine Learning · Computer Science 2021-02-17 Valérie Poulin , François Théberge

Criminals are using every means available to launder the profits from their illegal activities into ostensibly legitimate assets. Meanwhile, most commercial anti-money laundering systems are still rule-based, which cannot adapt to the…

Social and Information Networks · Computer Science 2025-01-17 Xurui Li , Xiang Cao , Xuetao Qiu , Jintao Zhao , Jianbin Zheng
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