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The statistical properties of the increments x(t+T) - x(t) of a financial time series depend on the time resolution T on which the increments are considered. A non-parametric approach is used to study the scale dependence of the empirical…

统计力学 · 物理学 2008-12-02 Rama Cont

Temporal correlations in the time series observed in various systems have been characterized by the autocorrelation function. Such correlations can be explained by heavy-tailed interevent time distributions as well as by correlations…

计算物理 · 物理学 2025-06-17 Min-ho Yu , Hang-Hyun Jo

In this study the cross-correlations between the cryptocurrency market represented by the two most liquid and highest-capitalized cryptocurrencies: bitcoin and ethereum, on the one side, and the instruments representing the traditional…

统计金融 · 定量金融 2023-03-02 Marcin Wątorek , Jarosław Kwapień , Stanisław Drożdż

This study measures the long memory of investor-segregated cash flows within the Korean equity market from 2015 to 2024. Applying detrended fluctuation analysis (DFA) to BUY, SELL, and NET aggregates, we estimate the Hurst exponent ($H$)…

综合金融 · 定量金融 2025-08-29 Gabjin Oh

The long-term dependence of Bitcoin (BTC), manifesting itself through a Hurst exponent $H>0.5$, is exploited in order to predict future BTC/USD price. A Monte Carlo simulation with $10^4$ geometric fractional Brownian motion realisations is…

计算金融 · 定量金融 2017-08-04 Mariusz Tarnopolski

Cryptocurrencies fluctuate in markets with high price volatility, posing significant challenges for investors. To aid in informed decision-making, systems predicting cryptocurrency market movements have been developed, typically focusing on…

机器学习 · 计算机科学 2025-05-06 Amit Kumar , Taoran Ji

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…

统计金融 · 定量金融 2026-04-03 Hardhik Mohanty , Bhaskar Krishnamachari

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…

计算工程、金融与科学 · 计算机科学 2024-09-06 Pasquale De Rosa , Pascal Felber , Valerio Schiavoni

This paper analyzes the intersection of presidential authority and cryptocurrency markets during Donald J. Trump's second term (2025-2029). We examine developments from 2024 through October 2025, focusing on how executive influence, family…

综合金融 · 定量金融 2025-12-04 Habib Badawi

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…

统计金融 · 定量金融 2022-11-23 Vishwas Kukreti

We show that infinite divisibility of a trading commodity leads to a self-sustained price bubble when traders use adaptive investment strategies. The adaptive strategy can be viewed as a psychological response of a trader to the situation…

交易与市场微观结构 · 定量金融 2021-01-01 Misha Perepelitsa , Ilya Timofeyev

Much significant research has been done to investigate various facets of the link between Bitcoin price and its fundamental sources. This study goes beyond by looking into least to most influential factors-across the fundamental,…

计算金融 · 定量金融 2017-07-06 Jamal Bouoiyour , Refk Selmi

The paper studies the linear model for Bitcoin price which includes regression features based on Bitcoin currency statistics, mining processes, Google search trends, Wikipedia pages visits. The pattern of deviation of regression model…

统计金融 · 定量金融 2022-01-11 Bohdan M. Pavlyshenko

An analysis of the stylized facts in financial time series is carried out. We find that, instead of the heavy tails in asset return distributions, the slow decay behaviour in autocorrelation functions of absolute returns is actually…

统计金融 · 定量金融 2015-03-13 Jie-Jun Tseng , Sai-Ping Li

Accurate forecasting of Bitcoin (BTC) has always been a challenge because decentralized markets are non-linear, highly volatile, and have temporal irregularities. Existing deep learning models often struggle with interpretability and…

机器学习 · 计算机科学 2026-02-16 Raiz Ud Din , Saddam Hussain Khan

We investigate logarithmic price returns cross-correlations at different time horizons for a set of 25 liquid cryptocurrencies traded on the FTX digital currency exchange. We study how the structure of the Minimum Spanning Tree (MST) and…

统计金融 · 定量金融 2022-12-29 Antonio Briola , Tomaso Aste

This paper investigates the effects of the launch of Bitcoin futures on the intraday volatility of Bitcoin. Based on one-minute price data collected from four cryptocurrency exchanges, we first examine the change in realized volatility…

交易与市场微观结构 · 定量金融 2019-06-11 Wonse Kim , Junseok Lee , Kyungwon Kang

We address the problem of long-range memory in the financial markets. There are two conceptually different ways to reproduce power-law decay of auto-correlation function: using fractional Brownian motion as well as non-linear stochastic…

统计金融 · 定量金融 2017-05-24 V. Gontis , A. Kononovicius

We analyze the citation time-series of manuscripts in three different fields of science; physics, social science and technology. The evolution of the time-series of the yearly number of citations, namely the citation trajectories, diffuse…

数字图书馆 · 计算机科学 2021-09-21 Maryam Zamani , Erez Aghion , Peter Pollner , Tamas Vicsek , Holger Kantz

Predicting the trend of Bitcoin, a highly volatile cryptocurrency, remains a challenging task. Accurate forecasting holds immense potential for investors and market participants dealing with High Frequency Trading systems. The purpose of…

计算工程、金融与科学 · 计算机科学 2024-07-11 Zeinab Shahsafdari , Ahmad Kalhor