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Daily probability changes in Kalshi macro prediction markets forecast cryptocurrency realized volatility through two distinct channels. The monetary policy channel, measured by Fed rate repricing on KXFED contracts, predicts Bitcoin…

Statistical Finance · Quantitative Finance 2026-04-03 Hardhik Mohanty , Bhaskar Krishnamachari

Emotions are integral to human social interactions, with diverse responses elicited by various situational contexts. Particularly, the prevalence of negative emotional states has been correlated with negative outcomes for mental health,…

Computation and Language · Computer Science 2024-01-10 Abu Bakar Siddiqur Rahman , Hoang-Thang Ta , Lotfollah Najjar , Azad Azadmanesh , Ali Saffet Gönül

Whether the online social media, like Twitter or its variant Weibo, can be a convincing proxy to predict the stock market has been debated for years, especially for China. However, as the traditional theory in behavioral finance states, the…

Social and Information Networks · Computer Science 2016-04-29 Zhenkun Zhou , Jichang Zhao , Ke Xu

The study of Twitter as a means for analyzing social phenomena has gained interest in recent years due to the availability of large amounts of data in a relatively spontaneous environment. Within opinion-mining tasks, emotion detection is…

Computation and Language · Computer Science 2024-07-11 Juan Jose Iguaran Fernandez , Juan Manuel Perez , German Rosati

In the financial domain, conducting entity-level sentiment analysis is crucial for accurately assessing the sentiment directed toward a specific financial entity. To our knowledge, no publicly available dataset currently exists for this…

Computation and Language · Computer Science 2023-10-20 Yixuan Tang , Yi Yang , Allen H Huang , Andy Tam , Justin Z Tang

Crypto enthusiasts claim that buying and holding crypto assets yields high returns, often citing Bitcoin's past performance to promote other tokens and fuel fear of missing out. However, understanding the real risk-return trade-off and what…

Statistical Finance · Quantitative Finance 2025-12-03 Weikang Zhang , Alison Watts

We introduce novel approaches to cryptocurrency price forecasting, leveraging Machine Learning (ML) and Natural Language Processing (NLP) techniques, with a focus on Bitcoin and Ethereum. By analysing news and social media content,…

Statistical Finance · Quantitative Finance 2024-10-28 Vincent Gurgul , Stefan Lessmann , Wolfgang Karl Härdle

Trust mechanisms diverge between centralized and decentralized exchanges, representing distinct sociotechnical governance paradigms. However, quantifying trust dynamics and their redistribution between these architectures remains…

General Economics · Economics 2026-05-04 Xintong Wu , Wanlin Deng , Yutong Quan , Lin William Cong , Luyao Zhang

A reputation of high volatility accompanies the emergence of Bitcoin as a financial asset. This paper intends to nuance this reputation and clarify our understanding of Bitcoin's volatility. Using daily, weekly, and monthly closing prices…

Statistical Finance · Quantitative Finance 2021-03-02 Nassim Dehouche

Cryptocoins (i.e., Bitcoin, Ether, Litecoin) are tradable digital assets. Ownerships of cryptocoins are registered on distributed ledgers (i.e., blockchains). Secure encryption techniques guarantee the security of the transactions…

Computational Engineering, Finance, and Science · Computer Science 2024-09-06 Pasquale De Rosa , Pascal Felber , Valerio Schiavoni

Recent years have witnessed the tremendous growth of the online social media. In China, Weibo, a Twitter-like service, has attracted more than 500 million users in less than four years. Connected by online social ties, different users…

Social and Information Networks · Computer Science 2014-10-17 Rui Fan , Jichang Zhao , Yan Chen , Ke Xu

Being archetypal complex systems, financial markets exhibit rich set of dynamics in their interactions. In this paper, we focus on the recently evolved cryptocurrency market as an example of a complex system and analyse the evolution of…

Statistical Finance · Quantitative Finance 2022-11-23 Vishwas Kukreti

Armed with a decade of social media data, I explore the impact of investor emotions on earnings announcements. In particular, I test whether the emotional content of firm-specific messages posted on social media just prior to a firm's…

Portfolio Management · Quantitative Finance 2020-06-29 Domonkos F. Vamossy

Time series forecasting is a key tool in financial markets, helping to predict asset prices and guide investment decisions. In highly volatile markets, such as cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), forecasting becomes more…

Trading and Market Microstructure · Quantitative Finance 2026-02-17 Mabsur Fatin Bin Hossain , Lubna Zahan Lamia , Md Mahmudur Rahman , Md Mosaddek Khan

This study investigates the emotional dynamics of Italian soccer fandoms through computational analysis of user-generated content from official Instagram accounts of 83 teams across Serie A, Serie B, and Lega Pro during the 2023-24 season.…

Social and Information Networks · Computer Science 2025-06-16 Salvatore Citraro , Giovanni Mauro , Emanuele Ferragina

As impact of COVID-19 pandemic winds down, both individuals and society gradually return to pre-pandemic activities. This study aims to explore how people's emotions have changed from the pre-pandemic during the pandemic to post-emergency…

Computation and Language · Computer Science 2023-09-19 Tian Yan , Fang Liu

Academics increasingly acknowledge the predictive power of social media for a wide variety of events and, more specifically, for financial markets. Anecdotal and empirical findings show that cryptocurrencies are among the financial assets…

Social and Information Networks · Computer Science 2024-11-11 Meysam Alizadeh , Yasaman Asgari , Zeynab Samei , Sara Yari , Shirin Dehghani , Mael Kubli , Darya Zare , Juan Diego Bermeo , Veronika Batzdorfer , Fabrizio Gilardi

We study how the 2024 U.S. presidential election, viewed as a major political risk event, affected cryptocurrency markets by distinguishing human-driven peer-to-peer stablecoin transactions from automated algorithmic activity. Using…

Based on the cryptocurrency market dynamics, this study presents a general methodology for analyzing evolving correlation structures in complex systems using the $q$-dependent detrended cross-correlation coefficient \rho(q,s). By extending…

Statistical Finance · Quantitative Finance 2025-10-29 Marcin Wątorek , Marija Bezbradica , Martin Crane , Jarosław Kwapień , Stanisław Drożdż

Sentiment analysis of textual content has become a well-established solution for analyzing social media data. However, with the rise of images and videos as primary modes of expression, more information on social media is conveyed visually.…

Social and Information Networks · Computer Science 2025-03-27 Chiyu Wei , Sean Noh , Ho-Chun Herbert Chang
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