{"topic":"Crypto & DeFi","items":[{"title":"ETH-TraceBench: A Large-Scale Event-Stream Benchmark for Ethereum DeFi under Temporal, Protocol, and Contract Shift","url":"/papers/arxiv/2609.23659/","summary":"Introduces a large-scale benchmark on 1.35 billion Ethereum transactions to evaluate DeFi representations under temporal, protocol, and contract drift, revealing model degradation on unseen pools.","featured":"2026-09-25","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"fanfare"},{"title":"Stablecoins Meet the Mundell–Fleming Trilemma","url":"/papers/repec/fip-fednsr-103702/","summary":"Wallet-level stablecoin data shows crisis countries experience inflows during banking restrictions; this endogenizes capital mobility and tightens monetary policy constraints.","featured":"2026-09-25","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":4,"scale":"fanfare"},{"title":"Cash vs. Crypto in DeFi","url":"/papers/ssrn/4478395/","summary":"The article discusses how cryptocurrencies can improve societal functions compared to traditional currencies and emphasizes the innovations needed to build confidence in decentralized finance.","featured":"2025-12-28","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":45,"scale":"shares"},{"title":"Bitcoin's Price Alchemy: Unraveling the Influence of Macro Announcements on Volatility and Trading Volume in an Era of Rising Inflation","url":"/papers/ssrn/4478184/","summary":"Bitcoin's price volatility significantly reacts to FOMC and CPI announcements, showing unique patterns during inflation.","featured":"2025-12-28","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":174,"scale":"shares"},{"title":"The Impact of Bitcoin ETF Approval on Bitcoin's Hedging Properties Against Traditional Assets","url":"/papers/arxiv/2512.12815/","summary":"Changing Dynamics with Traditional Assets: In January 2024, the approval of a Bitcoin Spot ETF boosted interest from big investors and made Bitcoin more closely linked to stock markets, while its connections to gold remained steady and its relationship with the U.S. Dollar stayed negative.","featured":"2025-12-19","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":1,"scale":"shares"},{"title":"Market Effects of Order Flow in Crypto","url":"/papers/ssrn/4961610/","summary":"Analysis indicates that payment for order flow in crypto markets increases trading costs and reduces volumes, especially for assets beyond Bitcoin and Ethereum, after new tokens are introduced.","featured":"2025-12-01","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":332,"scale":"shares"},{"title":"DeXposure: A Dataset and Benchmarks for Inter-protocol Credit Exposure in Decentralized Financial Networks","url":"/papers/arxiv/2511.22314/","summary":"Credit Exposure Dataset: The DeXposure dataset offers a comprehensive resource for analyzing credit exposure in decentralized finance, featuring 43.7 million entries for financial machine learning research.","featured":"2025-12-01","label":"arXiv","topic":"Crypto & DeFi","cites":6,"score":1,"scale":"shares"},{"title":"Factors Influencing Cryptocurrency Prices: Evidence from Bitcoin, Ethereum, Dash, Litcoin, and Monero","url":"/papers/arxiv/2511.22782/","summary":"The study examines the price factors influencing five major cryptocurrencies from 2010-2018, highlighting the roles of market conditions, long-term appeal, and the SP500 index.","featured":"2025-12-01","label":"arXiv","topic":"Crypto & DeFi","cites":225,"score":1,"scale":"shares"},{"title":"Denoising Complex Covariance Matrices with Hybrid ResNet and Random Matrix Theory: Cryptocurrency Portfolio Applications","url":"/papers/arxiv/2510.19130/","summary":"Builds a robust crypto covariance model using power laws and Random Matrix Theory with ResNet corrections to create stable, profitable portfolios across market regimes.","featured":"2025-10-27","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":5,"scale":"shares"},{"title":"Mechanism design and equilibrium analysis of smart contract mediated resource allocation","url":"/papers/arxiv/2510.05504/","summary":"The research introduces a design framework for smart contract-based resource allocation, aiming to balance efficiency and fairness in decentralized systems, validated through tests and a real-world case study.","featured":"2025-10-09","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":6,"scale":"shares"},{"title":"Smart Contract Adoption in Derivative Markets under Bounded Risk: An Optimization Approach","url":"/papers/arxiv/2510.07006/","summary":"The research combines structural theory with real-world validation to analyze the adoption of smart contracts under bounded risk, showing that while adoption choices are robust, their financial outcomes are fragile.","featured":"2025-10-09","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":5,"scale":"shares"},{"title":"Smart Contract Adoption under Discrete Overdispersed Demand: A Negative Binomial Optimization Perspective","url":"/papers/arxiv/2510.05487/","summary":"The paper presents an optimization framework that merges dynamic Negative Binomial demand modeling with smart contract adoption, offering guidance for balancing inventory costs, service levels, and implementation expenses in high-variance demand scenarios.","featured":"2025-10-09","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":5,"scale":"shares"},{"title":"Improving Cryptocurrency Pump-and-Dump Detection through Ensemble-Based Models and Synthetic Oversampling Techniques","url":"/papers/arxiv/2510.00836/","summary":"The study uses SMOTE and advanced ensemble learning models like XGBoost and LightGBM to effectively detect pump and dump manipulation in cryptocurrency markets, enhancing market transparency and stability.","featured":"2025-10-03","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":10,"scale":"shares"},{"title":"How Exclusive are Ethereum Transactions? Evidence from non-winning blocks","url":"/papers/arxiv/2509.16052/","summary":"Dominant Source of Builder Revenues: The study shows that exclusive transactions, found only in blocks from one builder, make up 84% of total fees paid by transactions in winning blocks on Ethereum's blockchain. This makes them the main source of builder revenues.","featured":"2025-09-22","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":12,"scale":"shares"},{"title":"Banking 2.0: The Stablecoin Banking Revolution - How Digital Assets Are Reshaping Global Finance","url":"/papers/arxiv/2508.11395/","summary":"Stablecoins, combining cryptocurrency and traditional finance, are poised to transform the global financial system by addressing flaws in current fiat currencies and promoting a more globally connected financial system.","featured":"2025-08-20","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":13,"scale":"shares"},{"title":"Mapping Microscopic and Systemic Risks in TradFi and DeFi: a literature review","url":"/papers/arxiv/2508.12007/","summary":"The research offers a comparative analysis of systemic risks in traditional and decentralized finance, underlining their distinct features and the idea of 'crosstagion', where instability can spread between the two systems.","featured":"2025-08-20","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":8,"scale":"shares"},{"title":"Universal Patterns in the Blockchain: Analysis of EOAs and Smart Contracts in ERC20 Token Networks","url":"/papers/arxiv/2508.04671/","summary":"A study of 44 million Ethereum transactions reveals distinct patterns, showing differences between human and automated transaction behaviors in blockchain ecosystems.","featured":"2025-08-12","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":11,"scale":"shares"},{"title":"The Marginal Effects of Ethereum Network MEV Transaction Re-Ordering","url":"/papers/arxiv/2508.04003/","summary":"Two MEV builders, capable of manipulating transaction orders, now generate almost 80% of Ethereum blocks. This has led to frequent 'sandwich attacks' and indicates a need for changes like gas fee priority or private transaction pools.","featured":"2025-08-07","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":8,"scale":"shares"},{"title":"Mitigating Financial Frictions in Agriculture: A Framework for Stablecoin Adoption","url":"/papers/arxiv/2507.14970/","summary":"Stablecoins Solution: Fiat-collateralized stablecoins, a type of digital currency, could help solve financial issues in the global agricultural sector by reducing trade costs, increasing supply chain efficiency, and broadening credit access.","featured":"2025-07-25","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":7,"scale":"shares"},{"title":"A Comparative Analysis of Statistical and Machine Learning Models for Outlier Detection in Bitcoin Limit Order Books","url":"/papers/arxiv/2507.14960/","summary":"Research comparing statistical methods and machine learning for anomaly detection in cryptocurrency limit order books shows the Empirical Covariance model is the most effective, beating a standard Buy-and-Hold benchmark by 6.70%.","featured":"2025-07-25","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":9,"scale":"shares"},{"title":"A New Incentive Model For Content Trust","url":"/papers/arxiv/2507.09972/","summary":"The paper proposes a decentralized, incentive-based method for verifying digital content authenticity using smart contracts and digital identity to fight misinformation.","featured":"2025-07-17","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":11,"scale":"shares"},{"title":"Quantifying Crypto Portfolio Risk: A Simulation-Based Framework Integrating Volatility, Hedging, Contagion, and Monte Carlo Modeling","url":"/papers/arxiv/2507.08915/","summary":"The paper introduces a modular simulation framework for analyzing cryptocurrency portfolio risk, incorporating various testing and modeling methods, and validated with recent cryptocurrency data.","featured":"2025-07-17","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":9,"scale":"shares"},{"title":"The Feasibility of MBSs as Decentralized Autonomous Organizations","url":"/papers/ssrn/4761692/","summary":"The article investigates the use of modern fintech tools such as asset tokenization, smart contracts, and decentralized autonomous organizations for structuring mortgage-backed security contracts, which could enable real-time ratings systems and enhance market efficiency.","featured":"2025-07-10","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":7,"scale":"shares"},{"title":"Pathwise Roughness of Bitcoin Realized Volatility: Stability Across Time, Sampling, and Volatility Measures","url":"/papers/arxiv/2507.00575/","summary":"Rough volatility models are found to be misaligned with Bitcoin volatility due to a multifractal structure that contradicts the homogeneity assumptions of rough volatility estimation.","featured":"2025-07-03","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":4,"scale":"shares"},{"title":"From Means to Medians: Optimal Benchmark Design","url":"/papers/arxiv/2506.22142/","summary":"A study using a model inspired by blockchain smart contracts reveals that the best price benchmark varies based on the significance of fixed and variable manipulation costs.","featured":"2025-07-03","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":4,"scale":"shares"},{"title":"The Autonomy of the Lightning Network: A Mathematical and Economic Proof of Structural Decoupling from BTC","url":"/papers/arxiv/2506.19333/","summary":"Synthetic Financial System: The study reveals that the Lightning Network, a system designed to speed up Bitcoin transactions, deviates from Bitcoin's original model. It shows increased transaction fees due to capacity limitations and suggests that it resembles a shadow banking system, lacking transparency and guaranteed settlements.","featured":"2025-06-25","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"PRICING OPTIONS ON THE CRYPTOCURRENCY FUTURES CONTRACTS","url":"/papers/arxiv/2506.14614/","summary":"Research indicates that Kou and Bates models, which include jumps and stochastic volatility, are the most accurate for pricing Bitcoin and Ether cryptocurrency options.","featured":"2025-06-18","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":6,"scale":"shares"},{"title":"Automated Risk Management Mechanisms in DeFi Lending Protocols: A Crosschain Comparative Analysis of Aave and Compound","url":"/papers/arxiv/2506.12855/","summary":"The latest versions (v3) of Aave and Compound lending protocols show improved risk management compared to their previous versions (v2), with liquidation events boosting total value and revenue, particularly on the L2 blockchain.","featured":"2025-06-18","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":5,"scale":"shares"},{"title":"Becoming Immutable: How Ethereum is Made","url":"/papers/arxiv/2506.04940/","summary":"Ethereum blockchain data shows 85% of transaction fees are from exclusive transactions, causing user transaction delays, and two bots are trading more efficiently than Binance.","featured":"2025-06-11","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":19,"scale":"shares"},{"title":"Exploring Microstructural Dynamics in Cryptocurrency Limit Order Books: Better Inputs Matter More Than Stacking Another Hidden Layer","url":"/papers/arxiv/2506.05764/","summary":"Simpler models with data preprocessing and hyperparameter tuning can match or surpass complex networks in short-term cryptocurrency price forecasting.","featured":"2025-06-11","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":12,"scale":"shares"},{"title":"Price Discovery in Cryptocurrency Markets","url":"/papers/arxiv/2506.08718/","summary":"Centralized markets typically lead in Ethereum price discovery compared to decentralized exchanges, affecting liquidity, arbitrage, and market efficiency.","featured":"2025-06-11","label":"arXiv","topic":"Crypto & DeFi","cites":29,"score":4,"scale":"shares"},{"title":"Designing funding rates for perpetual futures in cryptocurrency markets","url":"/papers/arxiv/2506.08573/","summary":"By designing suitable funding rates, the perpetual future price of cryptocurrencies can align with the target value, providing issuers an effective hedging method.","featured":"2025-06-11","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":3,"scale":"shares"},{"title":"Economists' Criticisms of Crypto","url":"/papers/ssrn/5277960/","summary":"The article assesses criticisms of cryptocurrencies by top economists, juxtaposing them with recent advancements and counterarguments in the field.","featured":"2025-06-04","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Transaction Proximity: A Graph-Based Approach to Blockchain Fraud Prevention","url":"/papers/arxiv/2505.24284/","summary":"Transaction Proximity Approach: The article suggests a fraud prevention system for public blockchains that uses Transaction Proximity and Easily Attainable Identities to identify wallets linked to centralized exchanges. This could prevent most fraud cases while maintaining blockchain transparency and privacy.","featured":"2025-06-04","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":17,"scale":"shares"},{"title":"Statistical Arbitrage within Crypto Markets using PCA","url":"/papers/ssrn/5263475/","summary":"The study investigates the effectiveness of principal component analysis in cryptocurrency trading, suggesting potential for improvement.","featured":"2025-05-30","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Crypto Portfolio Risk and Reward","url":"/papers/ssrn/5264628/","summary":"The study finds that the Minimum Variance Portfolio performs best in cryptocurrency selection, but lacks diversification.","featured":"2025-05-30","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Private MEV Protection RPCs: Benchmark Stud","url":"/papers/arxiv/2505.19708/","summary":"OFA Implications: The Ethereum DeFi sector has seen a shift with 80% of transactions now using private RPCs, emphasizing the impact of Order Flow Auctions on transaction efficiency and quality.","featured":"2025-05-30","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":59,"scale":"shares"},{"title":"CBDC AND FINANCIAL STABILITY IN DUAL-CURRENCY SAVINGS ECONOMIES","url":"/papers/ssrn/5260008/","summary":"The summary introduces a framework for evaluating the financial stability implications of Central Bank Digital Currencies in dual-currency savings economies, using a robust scenario-driven methodology.","featured":"2025-05-21","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Validation Network","url":"/papers/ssrn/5259479/","summary":"The article suggests transforming money into a 3D computational network using decentralized systems, smart contracts, and incentives to track property rights and liquidity in real-time.","featured":"2025-05-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":12,"scale":"shares"},{"title":"Stablecoins and the Emerging Hybrid Monetary Ecosystems","url":"/papers/arxiv/2505.10997/","summary":"Stablecoins, valued over USD 200 billion by 2025, are crucial to the global monetary structure, and a combined model of decentralized finance and payment innovation could improve financial inclusivity and resilience in digital ecosystems.","featured":"2025-05-21","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":14,"scale":"shares"},{"title":"Cryptocurrencies in the Balance Sheet: Insights from (Micro)Strategy - Bitcoin Interactions","url":"/papers/arxiv/2505.14655/","summary":"The relationship between cryptocurrency and equity markets is changing, with Bitcoin being the main information source, emphasizing the need for dynamic hedging ratios for risk management and portfolio diversification.","featured":"2025-05-21","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":13,"scale":"shares"},{"title":"The Stablecoin Discount: Evidence of Tether's U.S. Treasury Bill Market Share in Lowering Yields","url":"/papers/arxiv/2505.12413/","summary":"Tether, the biggest stablecoin, holds a large portion of U.S. Treasury bills, affecting their yields and potentially lowering sovereign funding costs, showing the influence of stablecoin demand on financial markets.","featured":"2025-05-21","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":12,"scale":"shares"},{"title":"NEXUS Token: Finance Mechanism","url":"/papers/ssrn/5251839/","summary":"Finance Mechanism: The thesis presents NEXUS3, a cryptocurrency governed by an auditable DAO framework, offering a legal alternative to traditional financial systems.","featured":"2025-05-14","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Beyond the mean: limit theory and tests for infinite-mean autoregressive conditional durations","url":"/papers/arxiv/2505.06190/","summary":"The research applies a unified asymptotic theory to high-frequency cryptocurrency ETF trading data, revealing infinite-mean durations for all five cryptocurrencies studied.","featured":"2025-05-14","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":18,"scale":"shares"},{"title":"DeFi Liquidation Risk Modeling Using Geometric Brownian Motion","url":"/papers/arxiv/2505.08100/","summary":"The article introduces an analytical method for calculating the collateral liquidation probability in DeFi stablecoin single-collateral lending, improving risk assessment efficiency.","featured":"2025-05-14","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":14,"scale":"shares"},{"title":"The Systematic Risks Network of Cryptos: Shock Diffusion, Echo, and Persistence","url":"/papers/ssrn/5242071/","summary":"The paper examines the relationship between the cryptomarket and financial markets, using a time-frequency connectedness framework to distinguish between temporary and persistent shocks in cryptocurrency prices.","featured":"2025-05-07","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"ARXNAVIS: Blockchain Mobility","url":"/papers/ssrn/5242267/","summary":"Blockchain Mobility: ARXNAVIS combines six smart-contract protocols to achieve fiscal sustainability through Asset-Backed Digital Currency (ABDC) treasuries and NEXUS3.","featured":"2025-05-07","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Trump's Bitcoin Impact","url":"/papers/ssrn/5241126/","summary":"The Trump family's support for cryptocurrency significantly impacts Bitcoin's financial performance, showing Bitcoin's vulnerability to political signals.","featured":"2025-05-07","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Stablecoins as NQA Money","url":"/papers/ssrn/5241236/","summary":"Stablecoins, acting as no-questions-asked (NQA) money, saw increased inflows during Korea's 2024 martial law crisis, indicating their role as money and liquidity providers.","featured":"2025-05-07","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"A Hamiltonian Higher-Order Elasticity Framework for Dynamic Diagnostics(2HOED)","url":"/papers/arxiv/2504.21062/","summary":"The 2HOED framework merges machine learning, blockchain, and modern causal inference to represent various systems as energy-based Hamiltonians, offering a new causal energetic channel linking elasticity to macro level outcomes.","featured":"2025-05-07","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":18,"scale":"shares"},{"title":"Investor Attention and Cryptocurrency Volatility","url":"/papers/ssrn/5230632/","summary":"The study reveals that investor attention, particularly from institutional investors, significantly predicts cryptocurrency volatility due to their superior market analysis skills.","featured":"2025-04-30","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Crypto Asset Markets: Returns","url":"/papers/ssrn/5231776/","summary":"Returns: The crypto market has evolved into a mature financial ecosystem with a liquid derivatives market, but it shows significant risk premia for small maturities and at-the-money prices.","featured":"2025-04-30","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"On Bitcoin Price Prediction","url":"/papers/arxiv/2504.18982/","summary":"The Bitcoin market generally follows the efficient market hypothesis, but occasional inefficiencies due to information gaps and behavioral anomalies can offer exploitable opportunities, though hard to consistently identify.","featured":"2025-04-30","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":12,"scale":"shares"},{"title":"Impact of the COVID-19 Pandemic on the Financial Market Efficiency of Price Returns, Absolute Returns, and Volatility Increment: Evidence from Stock and Cryptocurrency Markets","url":"/papers/arxiv/2504.18960/","summary":"The COVID-19 pandemic's impact on market efficiency varies across asset classes and markets, affecting returns in stock markets and multifractality in cryptocurrency markets.","featured":"2025-04-30","label":"arXiv","topic":"Crypto & DeFi","cites":8,"score":10,"scale":"shares"},{"title":"Scaling and shape of financial returns distributions modeled as conditionally independent random variables","url":"/papers/arxiv/2504.20488/","summary":"The distribution of returns can be explained by the sum of conditionally independent random variables, with power-law tails in returns resulting from a power law tail in volatility distribution, as shown in data from the S&P 500, Apple, Paramount stocks, and Bitcoin.","featured":"2025-04-30","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":9,"scale":"shares"},{"title":"Market Power in Defi","url":"/papers/ssrn/5224672/","summary":"The need for transaction privacy in decentralized finance (DeFi) leads to the rise of powerful intermediaries, a Staff Report suggests.","featured":"2025-04-23","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":11,"scale":"shares"},{"title":"Quantitative Alpha in Crypto","url":"/papers/ssrn/5225612/","summary":"Systematic cryptocurrency investment strategies are statistically valid, with machine learning methods showing superior performance in capturing nonlinear price patterns, a review of studies shows.","featured":"2025-04-23","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Classification-Based Analysis of Price Pattern Differences between Cryptocurrencies and Stocks","url":"/papers/arxiv/2504.12771/","summary":"Crypto vs. Stocks: The study uses machine learning to compare trading behaviors and price patterns in cryptocurrencies and stocks, revealing significant differences between the two.","featured":"2025-04-23","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":12,"scale":"shares"},{"title":"International Financial Markets Through 150 Years: Evaluating Stylized Facts","url":"/papers/arxiv/2504.08611/","summary":"The article examines eleven financial market patterns across different regions and cryptocurrencies over 150 years, offering insights into their reliability and applicability.","featured":"2025-04-16","label":"arXiv","topic":"Crypto & DeFi","cites":6,"score":38,"scale":"shares"},{"title":"AI-Driven Dynamic Collateralization in DeFi Lending: A Machine Learning Approach to Mitigating Liquidation Risks","url":"/papers/ssrn/5209879/","summary":"The article suggests a machine learning system to adjust collateral requirements in decentralized finance lending, aiming to reduce liquidations and improve capital use.","featured":"2025-04-09","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Bitcoin as Reserve Asset","url":"/papers/ssrn/5208070/","summary":"A paper questions the suitability of Bitcoin as a reserve asset for U.S. governments, citing its extreme volatility, lack of intrinsic value, and increasing correlation with other risk assets.","featured":"2025-04-09","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Impact of a Blockchain-based Universal Basic Income Pilot: The case of Circles UBI currency","url":"/papers/arxiv/2504.02714/","summary":"Results and Insights: The article discusses a study on Circles UBI, a blockchain-based local currency system in Berlin. It explores the reasons why people participate, the economic advantages of community currency, and the innovative combination of basic income and local currency features.","featured":"2025-04-09","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":15,"scale":"shares"},{"title":"Investor-Induced Contagion","url":"/papers/ssrn/5188945/","summary":"The study investigates the contagion mechanism from cryptocurrency to stock markets, identifying the wealth effect as the main driver and stressing the need for protection against cyberattacks.","featured":"2025-03-26","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"DeFi Potential Risks","url":"/papers/ssrn/5191051/","summary":"The article discusses the opportunities and risks of financial services offered by centralized and decentralized finance organizations in the crypto finance sector.","featured":"2025-03-26","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Investment in Cannabis","url":"/papers/ssrn/5181857/","summary":"The paper finds that investing in the cannabis industry offers high volatilities and returns but also low correlations with overall stock markets, other sin industries, or cryptocurrencies.","featured":"2025-03-26","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Informer in Algorithmic Investment Strategies on High Frequency Bitcoin Data","url":"/papers/arxiv/2503.18096/","summary":"The article discusses the effectiveness of Informer architecture in developing automated Bitcoin trading strategies, with certain models performing better when trained on high-frequency data.","featured":"2025-03-26","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":23,"scale":"shares"},{"title":"A Curationary Tale: Logarithmic Regret in DeFi Lending via Dynamic Pricing","url":"/papers/arxiv/2503.18237/","summary":"Adaptive supply models in decentralized finance lending, like those used by Morpho and Euler, have proven to maximize revenue and welfare for both borrowers and lenders, surpassing static pricing methods.","featured":"2025-03-26","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":15,"scale":"shares"},{"title":"Bitcoin and Stock Portfolio Dynamics","url":"/papers/ssrn/5186948/","summary":"Research indicates a long-term link between Bitcoin prices and the MSCI World Index, suggesting Bitcoin can boost global stock portfolio performance.","featured":"2025-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":5,"scale":"shares"},{"title":"Gas Options Pricing in Blockchain","url":"/papers/ssrn/5180204/","summary":"A data-driven method for pricing blockchain transaction fee derivatives is proposed in a study, offering better fee volatility capture than other models.","featured":"2025-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":4,"scale":"shares"},{"title":"Stablecoin Bill","url":"/papers/ssrn/5156227/","summary":"A proposed bill might permit stablecoins to be offered without federal deposit insurance protections, potentially heightening the risk of systemic crises during a stablecoin run.","featured":"2025-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":184,"scale":"shares"},{"title":"Bybit Crypto Security Evaluation","url":"/papers/ssrn/5156185/","summary":"The 2025 Bybit hack highlights the need for better security measures in the cryptocurrency industry due to ongoing vulnerabilities.","featured":"2025-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":46,"scale":"shares"},{"title":"Towards a Formal Framework of the Ethereum Staking Market","url":"/papers/arxiv/2503.14385/","summary":"Solo Ethereum stakers are more affected by changes in staking rewards than those using centralized exchanges, implying that reducing issuance could favor centralized entities.","featured":"2025-03-20","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":11,"scale":"shares"},{"title":"Vote Delegation in DeFi Governance","url":"/papers/arxiv/2503.11940/","summary":"Research on vote delegation in Decentralized Autonomous Organizations (DAOs) indicates that those with fewer votes and ties to venture capital firm a16z receive more vote delegations, suggesting reputation-based governance in DAOs.","featured":"2025-03-20","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":11,"scale":"shares"},{"title":"Bitcoin ETFs Performance","url":"/papers/ssrn/5138230/","summary":"The study analyzes the performance of spot bitcoin ETFs in their first trading year, shedding light on the complexities of U.S. regulatory decisions.","featured":"2025-03-05","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":32,"scale":"shares"},{"title":"Auto-Balancer: Harnessing idle network resources for enhanced market stability","url":"/papers/arxiv/2502.20670/","summary":"The Supra blockchain network introduces a mechanism that boosts market efficiency and liquidity by using idle network resources and exploiting arbitrage opportunities.","featured":"2025-03-05","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":18,"scale":"shares"},{"title":"Perseus: Tracing the Masterminds Behind Cryptocurrency Pump-and-Dump Schemes","url":"/papers/arxiv/2503.01686/","summary":"Cryptocurrency Masterminds: Perseus, a new detection system, has been created to identify and track the orchestrators of cryptocurrency fraud schemes, aiding regulators in preventing such activities.","featured":"2025-03-05","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":16,"scale":"shares"},{"title":"Cryptocurrency in State Portfolios","url":"/papers/ssrn/5143128/","summary":"The financial and operational implications of US state governments investing in cryptocurrencies like Bitcoin are explored.","featured":"2025-02-26","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":32,"scale":"shares"},{"title":"Innovative Financing Solutions: A Transformative Driver for Financial Performance of Businesses in Morocco","url":"/papers/arxiv/2502.14393/","summary":"Moroccan companies are enhancing performance by adopting innovative financing solutions such as venture capital, green finance, crowdfunding, and blockchain technology to adapt to market and technological changes.","featured":"2025-02-26","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":11,"scale":"shares"},{"title":"Blockchain innovation in promoting employment","url":"/papers/arxiv/2502.15549/","summary":"The Diamond-Mortensen-Pissarides model indicates that blockchain technology can enhance job-matching efficiency, decrease unemployment, and government policies on tax and wages can speed up blockchain innovation and boost employment growth.","featured":"2025-02-26","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":8,"scale":"shares"},{"title":"Cryptocurrency Liquidity","url":"/papers/ssrn/5128381/","summary":"The study examines the link between market volatility and liquidity in cryptocurrency markets, using a model to assess the impact.","featured":"2025-02-19","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":35,"scale":"shares"},{"title":"Return Connectedness Among Cryptocurrencies","url":"/papers/ssrn/5131231/","summary":"The research analyzes the interconnectedness in returns among five major cryptocurrencies, identifying Bitcoin and Ethereum as net return transmitters and Cardano and Ripple as effective for portfolio optimization.","featured":"2025-02-19","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":21,"scale":"shares"},{"title":"Blockchain-based Ecommerce It's an Evolution NOT a Revolution-Experimental Evidence from Users' Perspective","url":"/papers/arxiv/2502.09095/","summary":"A study reveals that 33% of blockchain users in e-commerce engage in fraud, proposing a solution of a trusted authority downgrading fraudulent parties' credit records on a permissioned blockchain.","featured":"2025-02-19","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":6,"scale":"shares"},{"title":"Price manipulation schemes of new crypto-tokens in decentralized exchanges","url":"/papers/arxiv/2502.10512/","summary":"An analysis of decentralized exchanges (DEXs) shows high risks in investing in new tokens due to liquidity traps and fraud, emphasizing the importance of understanding the financial dynamics and risks of decentralized markets.","featured":"2025-02-19","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":5,"scale":"shares"},{"title":"TRUMP Meme Coin: Revolution vs Gimmick","url":"/papers/ssrn/5109409/","summary":"Revolution vs Gimmick: The TRUMP meme coin, introduced in 2025, showcases the speculative and unstable nature of meme coins, reflecting societal values and exposing cryptocurrency industry conflicts.","featured":"2025-02-05","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":48,"scale":"shares"},{"title":"ReviewCoin: Paying for Real Work","url":"/papers/arxiv/2501.18662/","summary":"Peer Reviews Payment: The article suggests a solution to the flawed peer-review process in AI conferences by compensating reviewers with cryptocurrency, with submission fees covering review costs and a levy for conference management.","featured":"2025-02-05","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":8,"scale":"shares"},{"title":"Improved Cryptocurrency Volatility Predictions","url":"/papers/repec/eee-ecmode-v-144-y-2025-i-c-s0264999324003432/","summary":"The study reveals that combining different forecasting models can greatly enhance the accuracy of predicting cryptocurrency volatility. This can provide crucial information for investors looking to improve risk management strategies in cryptocurrency markets.","featured":"2025-02-05","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":19,"scale":"shares"},{"title":"Institutional Adoption and Correlation Dynamics: Bitcoin's Evolving Role in Financial Markets","url":"/papers/arxiv/2501.09911/","summary":"The study examines the impact of Bitcoin's growing integration with traditional financial markets, especially U.S. equity indices, on its correlations with the Nasdaq 100 and the S&P 500. It suggests that Bitcoin is transitioning from an alternative asset to a more mainstream financial instrument.","featured":"2025-01-23","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":3,"scale":"shares"},{"title":"Safe Havens for Cryptocurrencies","url":"/papers/repec/spr-fininn-v-11-y-2025-i-1-d-10-1186-s40854-024-00686-4/","summary":"High-performing US tech stocks, like FAANG, can offer diversification and act as safe havens for cryptocurrency investors.","featured":"2025-01-23","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":16,"scale":"shares"},{"title":"Bitcoin ETF Impact","url":"/papers/repec/eee-finana-v-97-y-2025-i-c-s1057521924007427/","summary":"The study finds that ETF asset managers became the major long-side participants following the introduction of the ProShares bitcoin strategy ETF.","featured":"2025-01-23","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":13,"scale":"shares"},{"title":"Asymmetric Volatility in Crypto Currency and Stock Market","url":"/papers/repec/rfb-journl-v-16-y-2024-i-1-p-7-19/","summary":"Research shows a cointegration between major cryptocurrencies and Indian stock market indices, with cryptocurrencies reacting to stock market shocks.","featured":"2025-01-23","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":15,"scale":"shares"},{"title":"The Intraday Bitcoin Response to Tether Minting and Burning Events: Asymmetry, Investor Sentiment, And \"Whale Alerts\" On Twitter","url":"/papers/doi/10-1016-j-frl-2022-103096/","summary":"Bitcoin's value increases with Tether minting events, particularly when publicized and amid positive investor sentiment, but this effect lessens after an hour.","featured":"2025-01-15","label":"arXiv","topic":"Crypto & DeFi","cites":21,"score":163,"scale":"shares"},{"title":"Dynamic Causal Relationships on Ethereum","url":"/papers/doi/10-3390-jrfm17010019/","summary":"Research shows a dynamic link between Ethereum's transaction fees and economic subsystems, significantly impacting user activity, exchange volumes, and stablecoin transactions.","featured":"2025-01-15","label":"arXiv","topic":"Crypto & DeFi","cites":null,"score":29,"scale":"shares"},{"title":"Risks of Holding Bitcoin","url":"/papers/ssrn/5080327/","summary":"Cryptocurrencies, due to their high volatility and regulatory uncertainty, are not suitable as main treasury reserves, highlighting the importance of traditional instruments like Treasury securities.","featured":"2025-01-08","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"US. Technology with Web3","url":"/papers/ssrn/5086358/","summary":"Web3 technologies could solve issues in the U.S. tech sector, such as data security and Big Tech monopolies, by promoting a decentralized digital ecosystem that prioritizes data ownership and security.","featured":"2025-01-08","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Bitcoin Volatility","url":"/papers/ssrn/5073986/","summary":"Bitcoin's volatility shows significant clustering, especially in shorter time frames, enabling statistically significant predictions of market movements.","featured":"2025-01-08","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Algorithmic Investment Strategies on Bitcoin Data","url":"/papers/repec/war-wpaper-2024-27/","summary":"The thesis demonstrates that an automated Bitcoin trading strategy built using Informer architecture and trained with the GMADL loss function is superior to other strategies.","featured":"2025-01-08","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":15,"scale":"shares"},{"title":"Green Financial Assets Connectivity","url":"/papers/ssrn/5073438/","summary":"The study reveals a dynamic link between green bonds, ESG ETFs, and energy-efficient cryptocurrencies, influenced by market sentiment and risks.","featured":"2025-01-01","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Bitcoin Price Dynamics: Value vs Speculation","url":"/papers/ssrn/5071051/","summary":"Value vs Speculation: The article presents a theoretical model of Bitcoin's market price volatility, attributing it to the interaction between fundamentalists and speculators.","featured":"2025-01-01","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":15,"scale":"shares"},{"title":"Crypto Market Making","url":"/papers/ssrn/5066176/","summary":"The paper introduces automated market-making algorithms for cryptocurrency perpetual contracts, showing the Bar Portion alpha signal's superiority over a baseline MACD signal in live trading.","featured":"2025-01-01","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":7767,"scale":"shares"},{"title":"Integration of Blockchain in Accounting and ESG Reporting: A Systematic Review from an Oracle-Based Perspective","url":"/papers/arxiv/2412.20447/","summary":"The study reveals a lack of research on the challenges oracles present in incorporating blockchain technology into accounting systems, despite numerous articles on the topic.","featured":"2025-01-01","label":"arXiv","topic":"Crypto & DeFi","cites":8,"score":8,"scale":"shares"},{"title":"A Dynamic Spillover Effect Investigation on Cryptocurrency Market Before and After Pandemic","url":"/papers/arxiv/2412.19983/","summary":"The article proposes a strategy to manage cryptocurrency risks during crises like the new crown outbreak, after analyzing how risks spread among cryptocurrencies during such extreme events.","featured":"2025-01-01","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Decentralized Intelligence in GameFi: Embodied AI Agents and the Convergence of DeFi and Virtual Ecosystems","url":"/papers/arxiv/2412.18601/","summary":"A proposed GameFi ecosystem integrates advanced AI agents into gaming platforms, improving player engagement and economic interaction within gaming ecosystems.","featured":"2025-01-01","label":"Machine learning","topic":"Crypto & DeFi","cites":3,"score":13,"scale":"shares"},{"title":"Bitcoin Price Forecasting","url":"/papers/ssrn/5059523/","summary":"The new model predicts Bitcoin's price based on factors like institutional adoption and supply shock, emphasizing the role of these factors in Bitcoin's price increase.","featured":"2024-12-18","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":415,"scale":"shares"},{"title":"Cryptocurrency Arbitrage Trading","url":"/papers/ssrn/5055292/","summary":"The paper offers advice on creating a high-frequency trading system that capitalizes on arbitrage opportunities in the cryptocurrency market.","featured":"2024-12-18","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Bitcoin Price Forecasting","url":"/papers/ssrn/5053931/","summary":"The research introduces a CNNLSTM model with various indicators for better Bitcoin price prediction, indicating potential for stable Bitcoin investment.","featured":"2024-12-18","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Ethereum ETFs & Institutional Adoption","url":"/papers/ssrn/5049389/","summary":"The paper discusses the factors leading to the approval of Ethereum exchange-traded funds in 2024, its impact on digital asset adoption, and Ethereum's changing role in traditional finance.","featured":"2024-12-12","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Ergodic optimal liquidations in DeFi","url":"/papers/arxiv/2411.19637/","summary":"The article presents a solution to the liquidation issue in decentralized finance (DeFi) by framing it as an ergodic optimal control problem. It offers optimal liquidation strategies and validates their efficiency through numerical simulations.","featured":"2024-12-04","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Forecasting Volatility in Crypto-Winter","url":"/papers/repec/spr-digfin-v-6-y-2024-i-4-d-10-1007-s42521-024-00108-1/","summary":"The research expands the use of a volatility prediction framework using LSTM and rough volatility, demonstrating its superiority over traditional models in predicting cryptocurrency volatility.","featured":"2024-12-04","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":27,"scale":"shares"},{"title":"Bitcoin ETF Market Implications","url":"/papers/ssrn/5029116/","summary":"The approval of spot Bitcoin ETFs and their options in 2024 could impact market liquidity and price volatility, but also introduces regulatory risks.","featured":"2024-11-27","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Regulating Financial Innovation: Thoughts about Securitization","url":"/papers/ssrn/5029706/","summary":"Securitization: The author suggests a regulatory framework for financial innovation, including FinTech, cryptoassets, and DeFi, applicable to past and future securitization transactions, including NFTs.","featured":"2024-11-27","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":19,"scale":"shares"},{"title":"Assessing Stablecoin Credit Risks","url":"/papers/arxiv/2411.13762/","summary":"The article investigates the credit risks of decentralized stablecoin issuance, such as overcollateralized lending and business credit, and suggests possible risk reduction strategies.","featured":"2024-11-27","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"On Vulnerability Conditional Risk Measures: Comparisons and Applications in Cryptocurrency Market","url":"/papers/arxiv/2411.09676/","summary":"The article introduces Vulnerability Conditional risk measures, a new systemic risk measure to assess tail risk during financial distress among market participants.","featured":"2024-11-20","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":2,"scale":"shares"},{"title":"The distributional consequences of Bitcoin","url":"/papers/ssrn/4985877/","summary":"The paper discusses the potential negative societal impact if Bitcoin's price continues to rise, as it does not enhance the economy's productive capacity.","featured":"2024-10-17","label":"SSRN","topic":"Crypto & DeFi","cites":2,"score":5,"scale":"shares"},{"title":"Bitcoin Price Discovery","url":"/papers/ssrn/4983566/","summary":"The paper points out unregulated Bitcoin exchanges, especially Binance, as the main source of price discovery, underlining regulatory challenges as Bitcoin products gain popularity.","featured":"2024-10-17","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Blockchain Applications with Neural Networks","url":"/papers/ssrn/4971275/","summary":"The paper discusses the application of Graph Neural Networks and other similar technologies in blockchain, emphasizing their ability to model relational data and uncover hidden transaction patterns.","featured":"2024-10-03","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Anchoring UK Retail Digital Money","url":"/papers/arxiv/2409.18532/","summary":"The Bank of England and HM Treasury are investigating the potential of a UK retail Central Bank Digital Currency for monetary and financial stability, with initial analysis supporting its use.","featured":"2024-10-03","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Semi-strong Efficient Market of Bitcoin and Twitter: an Analysis of Semantic Vector Spaces of Extracted Keywords and Light Gradient Boosting Machine Models","url":"/papers/arxiv/2409.15988/","summary":"The research uses machine learning to analyze tweets, suggesting that a large portion of Bitcoin market movements can be predicted from public information in tweets.","featured":"2024-09-25","label":"arXiv","topic":"Crypto & DeFi","cites":8,"score":3,"scale":"shares"},{"title":"DeFi Arbitrage","url":"/papers/ssrn/4959073/","summary":"A study proposes risk-neutral pricing and hedging formulas for liquidity tokens in the constant product market maker (CPMM), suggesting new Automated Market Maker (AMM) designs.","featured":"2024-09-18","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Crypto Volatility Study","url":"/papers/ssrn/4954736/","summary":"The paper examines the volatility of the top 50 cryptocurrencies, noting similarities with other financial returns and unique features like distinct volatility patterns and increasing correlation with the U.S. stock market.","featured":"2024-09-18","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Predicting Cryptocurrency Volatility","url":"/papers/repec/eee-finlet-v-67-y-2024-i-pa-s1544612324007876/","summary":"The SHARV-MGJR model, which includes volatility leverage effects and current return data, is suggested for better prediction of cryptocurrency market volatility, surpassing GARCH-type models in tests.","featured":"2024-09-18","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":22,"scale":"shares"},{"title":"Decentralized Finance (DeFi) Stylized Facts","url":"/papers/repec/wsi-wschap-9781800615212-0008/","summary":"The chapter examines the rise of Decentralized Finance (DeFi) and its potential impact on traditional finance systems.","featured":"2024-09-18","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":18,"scale":"shares"},{"title":"Different Aspects of Heterogeneity in the Crypto-Asset Market: A Systematic Review of Empirical Studies","url":"/papers/ssrn/4947445/","summary":"A review of 200+ studies on the cryptoasset market highlights variations in asset-wise, time-varying, and time-frequency domains, emphasizing market connectedness and sentiment analysis during COVID-19.","featured":"2024-09-10","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":3,"scale":"shares"},{"title":"Crypto & Stock Volatility Transmissions","url":"/papers/ssrn/4947434/","summary":"The study investigates the volatility connections between cryptocurrencies and stock markets, emphasizing the diversification potential of cryptocurrencies and the Shanghai Stock Exchange.","featured":"2024-09-10","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Decentralized Intelligence Network (DIN)","url":"/papers/arxiv/2407.02461/","summary":"The Decentralized Intelligence Network (DIN) is a new framework designed to tackle AI development issues like data fragmentation, using personal data stores, a scalable federated learning protocol, and a cryptographic rewards system.","featured":"2024-09-10","label":"Machine learning","topic":"Crypto & DeFi","cites":2,"score":23,"scale":"shares"},{"title":"Determinants of Cryptocurrency Returns","url":"/papers/ssrn/4930965/","summary":"The study reveals that cryptocurrency returns are significantly affected by fluctuations in advanced country currencies and oil prices, but not by emerging country currencies or global markets.","featured":"2024-08-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Sustainable Crypto Portfolios","url":"/papers/ssrn/4931925/","summary":"A study proposes using clean cryptocurrencies to create mimicking portfolios as a cost-effective hedging tool for ESG investors, compared to Bitcoin.","featured":"2024-08-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Crypto Tax Evasion","url":"/papers/ssrn/4932685/","summary":"A Norwegian study reveals widespread crypto tax evasion, even among investors on exchanges that share data with tax authorities, indicating the need for effective and affordable enforcement strategies.","featured":"2024-08-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Investor Sentiment and Bitcoin Risk","url":"/papers/ssrn/4928563/","summary":"The study reveals a correlation between extreme investor sentiment from traditional financial markets and a negative Bitcoin basis during unexpected inflation and deflation periods.","featured":"2024-08-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Anomalies in Cryptocurrencies","url":"/papers/repec/gam-jjrfmx-v-17-y-2024-i-8-p-351-d-1454951/","summary":"The study reveals significant changes in volatility and day-of-the-week effects on cryptocurrency returns, especially during the COVID-19 pandemic.","featured":"2024-08-21","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":15,"scale":"shares"},{"title":"Bitcoin and Ethereum GARCH Volatility Forecasting","url":"/papers/ssrn/4921210/","summary":"The study demonstrates that Bitcoin and Ethereum returns have similar statistical characteristics to other financial returns, with the two-component GJR model being the most accurate for predicting future volatility.","featured":"2024-08-15","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Cryptocurrencies as a Vehicle for Capital Exodus: Evidence from the Russian-Ukrainian Crisis","url":"/papers/ssrn/4916198/","summary":"The Russia-Ukraine conflict has boosted the trading volume of most cryptocurrencies, particularly payment tokens and utility coins, with Ripple being significantly affected, as per an event study analysis.","featured":"2024-08-07","label":"SSRN","topic":"Crypto & DeFi","cites":7,"score":3,"scale":"shares"},{"title":"Fintech in SWF Operations","url":"/papers/ssrn/4918952/","summary":"The chapter explores the use of fintech like big data, blockchain, and AI in sovereign wealth funds, discussing their uses and potential issues.","featured":"2024-08-07","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Transmissions Among Assets","url":"/papers/ssrn/4912927/","summary":"The study examines volatility and return spillovers in a network of variables, emphasizing the portfolio diversification benefits of commodities, fiat currencies, and crypto coins.","featured":"2024-08-07","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Comparative analysis of stationarity for Bitcoin and the S&P500","url":"/papers/arxiv/2408.02973/","summary":"The paper finds that S&P500 price return achieves stationarity over 28 years, while Bitcoin price return only shows stationarity in periods of high volatility.","featured":"2024-08-07","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Cryptos Volatility","url":"/papers/ssrn/4906528/","summary":"The research uses a combination of volatility roughness and jumps in Bitcoin to model its dynamics, showing significant differences compared to equities and fixed income funds.","featured":"2024-07-31","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Testing for the Asymmetric Optimal Hedge Ratios: With an Application to Bitcoin","url":"/papers/arxiv/2407.19932/","summary":"The article suggests a new method for testing the symmetry of optimal hedge ratios, arguing that the optimal hedge ratio for Bitcoin depends on the position. This could enhance the accuracy of hedging strategies.","featured":"2024-07-31","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":4,"scale":"shares"},{"title":"Cryptoeconomics and Tokenomics as Economics: A Survey with Opinions","url":"/papers/arxiv/2407.15715/","summary":"A study of cryptoeconomics and tokenomics from an economic viewpoint suggests that integrating these concepts can be innovative, aiming to connect the contexts of economics and blockchain.","featured":"2024-07-24","label":"arXiv","topic":"Crypto & DeFi","cites":10,"score":2,"scale":"shares"},{"title":"Quantifying the Blockchain Trilemma: A Comparative Analysis of Algorand, Ethereum 2.0, and Beyond","url":"/papers/arxiv/2407.14335/","summary":"Algorand vs Ethereum 2.0: The study assesses the effectiveness of Algorand and Ethereum 2.0 in tackling the Blockchain Trilemma by examining their decentralization, security, and scalability.","featured":"2024-07-24","label":"arXiv","topic":"Crypto & DeFi","cites":18,"score":3,"scale":"shares"},{"title":"Why to DAO: a narrative analysis of the drivers of tokenized Exit to Community","url":"/papers/arxiv/2407.14327/","summary":"The paper investigates why blockchain startups are shifting to Decentralized Autonomous Organizations (DAOs), citing financial goals, governance rights, and market, legal and social norms as possible motivations.","featured":"2024-07-24","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Cryptocurrency Factor Portfolios","url":"/papers/repec/kap-rqfnac-v-63-y-2024-i-2-d-10-1007-s11156-024-01260-w/","summary":"The study suggests that adding cryptocurrency factors to a stock-bond portfolio can benefit investors, especially when using machine-learning for asset allocation.","featured":"2024-07-24","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":23,"scale":"shares"},{"title":"Decentralised Finance and Market Making","url":"/papers/ssrn/4897143/","summary":"The study develops optimal strategies for large order traders and statistical arbitrages in automated market makers with concentrated liquidity.","featured":"2024-07-17","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Impact of SEC Regulations on Cryptocurrency","url":"/papers/ssrn/4897261/","summary":"The research examines the negative market effects and informed trading prior to the announcement of the U.S. SEC's classification of cryptocurrencies as securities.","featured":"2024-07-17","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":5,"scale":"shares"},{"title":"No Questions Asked: Effects of Transparency on Stablecoin Liquidity During the Collapse of Silicon Valley Bank","url":"/papers/arxiv/2407.11716/","summary":"The study shows that in times of market instability, the transparency of the USDC cryptocurrency leads to quick market responses, while the lack of transparency of USDT acts as a buffer against immediate effects. This suggests that investors may seek safety in less transparent cryptocurrencies during turbulent times.","featured":"2024-07-17","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":4,"scale":"shares"},{"title":"Dynamics of VLT","url":"/papers/ssrn/4885174/","summary":"The piece warns about the risks of variable leveraged tokens on Binance crypto exchanges, due to the lack of information on potential losses and the absence of margin calls.","featured":"2024-07-10","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Cryptocurrency Volatility on Islamic Equity Market","url":"/papers/repec/ayb-jrnael-95/","summary":"The research reveals that Bitcoin return volatility negatively affects the returns of Shariah-compliant stocks, suggesting implications for diversification strategies of investors.","featured":"2024-07-10","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":12,"scale":"shares"},{"title":"Impact of Margin Trading Ban on Crypto Exchanges","url":"/papers/ssrn/4881388/","summary":"A study shows that a ban on margin trading in cryptocurrencies leads to less market volume and volatility, but more informed trading on Binance.","featured":"2024-07-03","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Ethereum Spot ETF Basis Trade","url":"/papers/ssrn/4879674/","summary":"The study examines the possible profits and risks of basis trading with Ethereum futures contracts after the launch of Ethereum spot ETFs, and suggests alternative trading strategies and further research on long-term profitability.","featured":"2024-07-03","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Commodification of Compute","url":"/papers/arxiv/2406.19261/","summary":"Revolutionizing Resource Allocation: The article discusses the Global Compute Exchange (GCX), a new platform that uses blockchain technology to create a secure marketplace for trading computational power. The platform aims to optimize resource use, stabilize pricing, and make access to computational resources more democratic.","featured":"2024-07-03","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":5,"scale":"shares"},{"title":"Cryptocurrency Volatility","url":"/papers/repec/spr-fininn-v-10-y-2024-i-1-d-10-1186-s40854-024-00646-y/","summary":"The paper finds that positive market returns at the high-frequency level increase price volatility in the cryptocurrency market, contradicting traditional financial literature.","featured":"2024-07-03","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":25,"scale":"shares"},{"title":"Spot Crypto ETFs","url":"/papers/ssrn/4868157/","summary":"The approval of Bitcoin and Ethereum ETFs offers investors a less volatile way to invest in cryptocurrencies, marking a significant financial market milestone.","featured":"2024-06-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Ethereum Spot ETFs","url":"/papers/ssrn/4856380/","summary":"The SEC's expected approval of Ethereum spot ETFs could democratize access to the asset class, attract more investors, and increase liquidity.","featured":"2024-06-12","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":5,"scale":"shares"},{"title":"Gas fees on the Ethereum blockchain: from foundations to derivative valuations","url":"/papers/arxiv/2406.06524/","summary":"The article discusses the gas fee in Ethereum's blockchain, considering the resources needed for transactions and the effect of gas price volatility. It suggests that pricing and trading forwards could help manage cost fluctuations.","featured":"2024-06-12","label":"arXiv","topic":"Crypto & DeFi","cites":16,"score":6,"scale":"shares"},{"title":"Cryptocurrency Options Pricing","url":"/papers/repec/eee-ecmode-v-136-y-2024-i-c-s0264999324001081/","summary":"Machine learning, particularly regression-tree methods, can improve the accuracy of cryptocurrency market options pricing compared to traditional models.","featured":"2024-06-12","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":45,"scale":"shares"},{"title":"Machine Learning Cryptocurrency Returns","url":"/papers/repec/eee-finana-v-94-y-2024-i-c-s1057521924001765/","summary":"Machine learning can predict return in cryptocurrency markets, primarily based on simple factors like market price and momentum.","featured":"2024-06-12","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":25,"scale":"shares"},{"title":"Bitcoin Volatility Forecasting with PSO–GRU Model","url":"/papers/repec/kap-compec-v-63-y-2024-i-5-d-10-1007-s10614-023-10392-5/","summary":"Scientists have created a deep learning model that enhances the accuracy of Bitcoin's volatility predictions, offering investors a dependable risk warning system and trading strategy.","featured":"2024-06-12","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":21,"scale":"shares"},{"title":"Wisconsin Investment Board's Bitcoin Investment","url":"/papers/ssrn/4852566/","summary":"Wisconsin Investment Board's recent Bitcoin ETFs investment indicates a move towards mainstream cryptocurrency acceptance, despite debates about Bitcoin's role as an inflation hedge and concerns about market volatility and regulation.","featured":"2024-06-05","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Loss-Versus-Fair: Efficiency of Dutch Auctions on Blockchains","url":"/papers/arxiv/2406.00113/","summary":"The study by Milionis et al. (2023) explores the expected losses and time-to-fill in Dutch auctions in decentralized finance. It considers factors such as starting price, volatility, decay rate, and average interblock time, and examines the balance between execution speed and quality.","featured":"2024-06-05","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Pioneering the Future of Leveraged Trading in DeFi","url":"/papers/ssrn/4844202/","summary":"SquaredLabs is transforming derivatives trading by using power perpetuals to remove liquidation risks, providing traders of all levels with advanced financial instruments for better risk management and capital efficiency.","featured":"2024-05-28","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Optimal Market-Neutral Multivariate Pair Trading on the Cryptocurrency Platform","url":"/papers/arxiv/2405.15461/","summary":"The study presents an Optimal Trading Technique (OTT) for cryptocurrency trading, which uses a dual-objective optimization process to balance profit and risk, achieving a 15.49% annual profit in various market conditions.","featured":"2024-05-28","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":5,"scale":"shares"},{"title":"Towards an Optimal Staking Design: Balancing Security, User Growth, and Token Appreciation","url":"/papers/arxiv/2405.14617/","summary":"The study reviews Proof-of-Stake (POS) design options in blockchains, highlighting a balance between improving validator quality and stake quantity for security, and proposes that the best design depends on a platform's specific goals and development stage.","featured":"2024-05-28","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":2,"scale":"shares"},{"title":"Review of deep learning models for crypto price prediction: implementation and evaluation","url":"/papers/arxiv/2405.11431/","summary":"The article discusses a study on deep learning models for predicting cryptocurrency prices. It reveals that univariate LSTM models perform the best. The study also notes significant price changes in cryptocurrencies during the COVID-19 pandemic.","featured":"2024-05-22","label":"arXiv","topic":"Crypto & DeFi","cites":18,"score":8,"scale":"shares"},{"title":"THE CASE FOR CRYPTOCURRENCY IN AFRICA: EXAMINING THE EXISTENTIAL CHALLENGES & POSSIBILITIES OF DIGITAL ASSETS","url":"/papers/ssrn/4825333/","summary":"The report establishes a correlation between Bitcoin's market cap and closing price, forecasting increased adoption of the cryptocurrency despite its fluctuating value.","featured":"2024-05-15","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Complex network analysis of cryptocurrency market during crashes","url":"/papers/arxiv/2405.05642/","summary":"Network Analysis: The study examines cryptocurrency market crashes using complex network analysis. It found that during crashes, network density and information flow increase due to panic selling. After the crash, these parameters try to return to normal, offering insights for investors.","featured":"2024-05-15","label":"arXiv","topic":"Crypto & DeFi","cites":10,"score":4,"scale":"shares"},{"title":"Bitcoin Crash Prediction Framework","url":"/papers/repec/gam-jstats-v-7-y-2024-i-2-p-25-433-d-1390045/","summary":"The article talks about a new deep learning framework that uses contrastive learning to predict Bitcoin market crashes. This model outperforms six other models by 15.8% in terms of balanced accuracy.","featured":"2024-05-15","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":14,"scale":"shares"},{"title":"Bitcoin Sentiment Index and Asset Classes Connectedness: An International Evidence","url":"/papers/ssrn/4817777/","summary":"The study investigates the influence of Bitcoin investors' sentiments on global stock market volatility and the relationship between Bitcoin and other financial assets.","featured":"2024-05-08","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":2,"scale":"shares"},{"title":"Secure Vector Databases and Secure Vector Computation","url":"/papers/ssrn/4817363/","summary":"The article explores the challenges and opportunities of recent advancements in computing and data engineering, proposing Secure Vector Databases and Secure Vector Computation as potential solutions for machine learning applications using post-quantum cryptographic techniques.","featured":"2024-05-08","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Pricing and Arbitrage Across 80 Cryptocurrency Exchanges","url":"/papers/ssrn/4816710/","summary":"The article examines the differences in cryptocurrency pricing across 80 global exchanges, emphasizing the influence of exchange features and regulatory environments on arbitrage opportunities.","featured":"2024-05-08","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":4,"scale":"shares"},{"title":"Emoji Sentiment in Crypto Markets","url":"/papers/ssrn/4817334/","summary":"Using GPT-4 and a BERT model for sentiment analysis reveals that emoji sentiment on social media significantly impacts cryptocurrency market trends and can be utilized to create trading strategies.","featured":"2024-05-08","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Stablecoins and Differences in Their Volatilities","url":"/papers/ssrn/4818228/","summary":"Stablecoins, digital assets tied to stable currencies, do not always deliver on their promise of stability, with volatility varying based on analysis frequency.","featured":"2024-05-08","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Factor-Based Cryptocurrency Investing","url":"/papers/repec/gam-jmathe-v-12-y-2024-i-9-p-1351-d-1385677/","summary":"The study applies factor investing strategies to the cryptocurrency market, introducing a weekly rebalancing method and using the Newey–West standard error approach to tackle the market's high volatility and continuous trading.","featured":"2024-05-08","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":13,"scale":"shares"},{"title":"Spot Bitcoin ETF","url":"/papers/ssrn/4810965/","summary":"Bitcoin ETFs have attracted over $20 billion in their initial weeks of trading, significantly influencing bitcoin prices and exceeding daily bitcoin production by fivefold.","featured":"2024-05-01","label":"SSRN","topic":"Crypto & DeFi","cites":4,"score":3,"scale":"shares"},{"title":"Optimizing Interest Rate Models in DeFi","url":"/papers/ssrn/4807454/","summary":"A theoretical framework has been proposed for creating optimal interest rate models on DeFi lending platforms.","featured":"2024-05-01","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Decentralized Peer Review in Open Science: A Mechanism Proposal","url":"/papers/arxiv/2404.18148/","summary":"The article suggests a blockchain-based system, owned and managed by the community, to enhance transparency and efficiency in academic peer reviews, aiming to minimize scientific misconduct.","featured":"2024-05-01","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":4,"scale":"shares"},{"title":"The Shape of Money Laundering: Subgraph Representation Learning on the Blockchain with the Elliptic2 Dataset","url":"/papers/arxiv/2404.19109/","summary":"The article presents Elliptic2, a dataset of Bitcoin subgraphs, to help understand and combat money laundering in cryptocurrency.","featured":"2024-05-01","label":"arXiv","topic":"Crypto & DeFi","cites":28,"score":9,"scale":"shares"},{"title":"Trust Dynamics in Cryptocurrency Markets: Centralized vs. Decentralized Exchanges","url":"/papers/arxiv/2404.17227/","summary":"The study investigates the impact of incidents on trust and trading behaviors in centralized and decentralized cryptocurrency exchanges.","featured":"2024-05-01","label":"arXiv","topic":"Crypto & DeFi","cites":10,"score":3,"scale":"shares"},{"title":"Dynamic Data Auditing Scheme for Intelligent IoT Systems","url":"/papers/ssrn/4804310/","summary":"The article explores the use of blockchain for data integrity verification in Intelligent IoT, emphasizing the need for a more efficient certificate storage strategy.","featured":"2024-04-24","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Amicus Brief: SEC v. Payward, 3:23-cv-06003 (N.D Cal. Apr. 16, 2024)","url":"/papers/ssrn/4803198/","summary":"The SEC is adjusting its regulatory authority to accommodate the rise of crypto assets, in line with its mission to safeguard investors and facilitate capital formation.","featured":"2024-04-24","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Managing Bitcoin Risk Exposures in Equity Portfolios: Evidence from High-Frequency Data","url":"/papers/ssrn/4800462/","summary":"The study indicates that Bitcoin's risk impact on equity portfolios has grown, particularly after COVID-19, highlighting a need for investment professionals to manage Bitcoin-related risks.","featured":"2024-04-24","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Bitcoin in German Equities Portfolios: Diversification Benefits and Hedging Abilities","url":"/papers/ssrn/4800902/","summary":"The study finds that while Bitcoin can improve risk-return exposures for German stock market investors, it is not very effective as a hedge against market downturns.","featured":"2024-04-24","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":5,"scale":"shares"},{"title":"The Economics of Blockchain Governance: Evaluate Liquid Democracy on the Internet Computer","url":"/papers/arxiv/2404.13768/","summary":"Liquid Democracy: The research investigates how DAOs can enhance human cooperation, emphasizing the role of the Network Nervous System's staking mechanism in aligning personal interests with the long-term success of the DAO.","featured":"2024-04-24","label":"arXiv","topic":"Crypto & DeFi","cites":10,"score":4,"scale":"shares"},{"title":"Cryptocurrency Volatility","url":"/papers/repec/oup-jfinec-v-22-y-2024-i-1-p-224-251/","summary":"The study reveals that price formation for Bitcoin and Ether primarily happens on centralized exchanges, with slower price adjustments on decentralized platforms.","featured":"2024-04-24","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":19,"scale":"shares"},{"title":"Cryptocurrency Investor Protection","url":"/papers/repec/eme-jfrcpp-jfrc-03-2023-0036/","summary":"A study finds that UK cryptocurrency investors tend to favor high-risk investments and lack diversification, influenced by demographic traits, risk tolerance, tech literacy, and emotional attitudes.","featured":"2024-04-24","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":12,"scale":"shares"},{"title":"Implied Volatility in Decentralized Finance Pool","url":"/papers/ssrn/4792110/","summary":"The article introduces a breakeven implied volatility for decentralized finance pools, which aligns with a previous definition based on a market impact rule in traditional finance.","featured":"2024-04-17","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":7,"scale":"shares"},{"title":"Deep Learning for High-Frequency Cryptocurrency Trend Detection: Incorporating Technical Indicators and A New Approach For Data Stationarity","url":"/papers/ssrn/4796336/","summary":"The research presents a new data preprocessing technique and a Convolutional Neural Networks (CNN) model for predicting Bitcoin market trends using 15-minute candlestick data.","featured":"2024-04-17","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":2,"scale":"shares"},{"title":"A comparison of cryptocurrency volatility-benchmarking new and mature asset classes","url":"/papers/arxiv/2404.04962/","summary":"The paper analyzes the factors influencing cryptocurrency volatility from 2020 to 2022, highlighting that positive market returns, positive signed volatility, and negative daily leverage increase price volatility.","featured":"2024-04-10","label":"arXiv","topic":"Crypto & DeFi","cites":24,"score":8,"scale":"shares"},{"title":"A theoretical framework for fees in AMMs","url":"/papers/arxiv/2404.03976/","summary":"The study explores the workings of arbitrage in decentralized finance automated market makers (AMMs), aiming to understand how AMMs can optimize revenue or minimize losses, and models the dynamics of arbitrage activity.","featured":"2024-04-10","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":6,"scale":"shares"},{"title":"Bitcoin Transaction Segmentation","url":"/papers/ssrn/4768739/","summary":"The study shows that standard machine learning models and publicly available transaction data can effectively predict Bitcoin price movements, surpassing existing prediction models.","featured":"2024-03-27","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Anticipatory Gains and Event-Driven Losses in Blockchain-Based Fan Tokens: Evidence from the FIFA World Cup","url":"/papers/doi/10-1016-j-ribaf-2024-102333/","summary":"Football teams' blockchain fan tokens increase in value before the World Cup but drop during matches, especially if the team loses.","featured":"2024-03-27","label":"arXiv","topic":"Crypto & DeFi","cites":15,"score":15,"scale":"shares"},{"title":"Crypto inverse-power options and fractional stochastic volatility","url":"/papers/arxiv/2403.16006/","summary":"A new model using fractional stochastic volatility helps manage cryptocurrency exchange rate risk, highlighting the need for price and volatility jumps in the crypto market.","featured":"2024-03-27","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":10,"scale":"shares"},{"title":"Tax Policy Handbook for Crypto Assets","url":"/papers/arxiv/2403.15074/","summary":"The growth of blockchain technology and crypto assets presents regulatory and tax challenges, prompting discussions on crypto principles, tax issues, and policy responses.","featured":"2024-03-27","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":7,"scale":"shares"},{"title":"Systematic Hedging of the Cryptocurrency Portfolio","url":"/papers/ssrn/4762733/","summary":"QuantPedia's article suggests a strategy to hedge cryptocurrency portfolios in cold storage using a Top 5 cryptocurrency index and BTC derivatives to reduce market risk.","featured":"2024-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Seasonality in Cryptocurrencies","url":"/papers/ssrn/4765583/","summary":"The study explores seasonality patterns in ten cryptocurrencies, noting lower trading volume and volatility during weekends and no consistent calendar effects on returns.","featured":"2024-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":4,"scale":"shares"},{"title":"The Forking Effect in Cryptocurrency","url":"/papers/ssrn/4762591/","summary":"Cryptocurrency forking events don't significantly impact bitcoin's returns but increase its volatility, which remains high for three days post-fork.","featured":"2024-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Is bitcoin an inflation hedge?","url":"/papers/ssrn/4763347/","summary":"Research suggests that Bitcoin's returns significantly increase after a positive inflation shock, indicating its potential as an inflation hedge.","featured":"2024-03-20","label":"SSRN","topic":"Crypto & DeFi","cites":7,"score":2,"scale":"shares"},{"title":"Hydrodynamics of Markets","url":"/papers/arxiv/2403.09761/","summary":"The study uses Kelvin waves and advanced math to link physics and financial engineering, aiming to solve complex problems like hedging losses in cryptocurrency trading.","featured":"2024-03-20","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":6,"scale":"shares"},{"title":"Cryptocurrencies in Stock Markets","url":"/papers/repec/taf-macfem-v-17-y-2024-i-1-p-110-135/","summary":"High volatility persistence is found in stock and cryptocurrency markets, with Tether being the most effective diversifier during market turmoil.","featured":"2024-03-20","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":14,"scale":"shares"},{"title":"Cointegrated Portfolios and Volatility modeling in the Cryptocurrency Market","url":"/papers/ssrn/4756389/","summary":"The study finds a correlation between cryptocurrency market volatility and trading spread, suggesting portfolios based on the Johansen procedure yield the highest returns.","featured":"2024-03-13","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":4,"scale":"shares"},{"title":"NFTs and Conventional Currencies","url":"/papers/repec/spr-fininn-v-10-y-2024-i-1-d-10-1186-s40854-023-00570-7/","summary":"The study shows that NFTs have a minor link with traditional currencies but significantly impact returns and volatility during the Covid-19 crisis.","featured":"2024-03-13","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":16,"scale":"shares"},{"title":"Factors Affecting Cryptocurrency Returns","url":"/papers/repec/gmf-journl-y-2023-i-57-p-71-85/","summary":"The study finds that smaller market capitalization, higher reversal, lower liquidity, and lower maturity in cryptocurrencies tend to yield higher returns.","featured":"2024-03-13","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":12,"scale":"shares"},{"title":"Cryptocurrency Factor Diversification","url":"/papers/ssrn/4744431/","summary":"Research indicates that adding size and momentum-based cryptocurrency factors to a stock-bond portfolio can significantly diversify it, with machine-learning asset allocation strategies enhancing these benefits.","featured":"2024-03-06","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Hybrid Model for Cryptocurrency Forecasting","url":"/papers/ssrn/4727350/","summary":"A new forecasting model that combines Discrete Wavelet Transform and Long Short-Term Memory network is presented to predict cryptocurrency returns, using specific economic indicators.","featured":"2024-02-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":16,"scale":"shares"},{"title":"Cryptocurrency Inverse Options Valuation","url":"/papers/ssrn/4732629/","summary":"A study on inverse options, common in crypto exchanges, reveals that they can be equivalent to standard vanilla options under certain circumstances.","featured":"2024-02-21","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":844,"scale":"shares"},{"title":"Stylized Facts of High-Frequency Bitcoin Time Series","url":"/papers/arxiv/2402.11930/","summary":"An analysis of the Bitcoin market index from 2019 to 2022 reveals two periods of volatility, suggesting greater market efficiency at shorter time scales.","featured":"2024-02-21","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":4,"scale":"shares"},{"title":"Modelling crypto markets by multi-agent reinforcement learning","url":"/papers/arxiv/2402.10803/","summary":"A multi-agent reinforcement learning model simulates crypto markets using Binance's daily closing prices of 153 cryptocurrencies from 2018 to 2022, accurately emulating crypto market microstructure.","featured":"2024-02-21","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":4,"scale":"shares"},{"title":"Enhancing Security in Blockchain Networks: Anomalies, Frauds, and Advanced Detection Techniques","url":"/papers/arxiv/2402.11231/","summary":"A paper examines key definitions and properties of blockchain, analyzes anomalies and frauds that threaten these networks, and proposes detection and prevention strategies.","featured":"2024-02-21","label":"arXiv","topic":"Crypto & DeFi","cites":12,"score":2,"scale":"shares"},{"title":"A Data Engineering Framework for Ethereum Beacon Chain Rewards: From Data Collection to Decentralization Metrics","url":"/papers/arxiv/2402.11170/","summary":"A study of consensus reward data from the Ethereum Beacon chain offers insights into reward distribution and evolution, aiding in the assessment and refinement of blockchain systems' decentralization, security, and efficiency.","featured":"2024-02-21","label":"arXiv","topic":"Crypto & DeFi","cites":25,"score":2,"scale":"shares"},{"title":"Portfolio Risk and Return in the Crypto Market","url":"/papers/repec/sae-sagope-v-13-y-2023-i-3-p-21582440231193600/","summary":"The study explores the risk-return tradeoffs of the most tradable cryptocurrencies, concluding that a portfolio of 10 cryptocurrencies provides better optimization than one with five.","featured":"2024-02-21","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":16,"scale":"shares"},{"title":"Liquidity Provision in Crypto Markets","url":"/papers/ssrn/4721609/","summary":"A study reveals that the liquidity provision premium in cryptocurrency markets can be predicted using factors like the VIX index and Tether liquidity, and is influenced by stock market premiums globally.","featured":"2024-02-14","label":"arXiv","topic":"Crypto & DeFi","cites":null,"score":394,"scale":"shares"},{"title":"Emoji driven crypto assets market reactions","url":"/papers/ssrn/4722627/","summary":"Research using GPT4 and a BERT model shows that Twitter emoji sentiment can predict cryptocurrency market trends and help avoid major downturns.","featured":"2024-02-14","label":"arXiv","topic":"Crypto & DeFi","cites":5,"score":4,"scale":"shares"},{"title":"Volume Versus Returns: Reevaluating the Predictive Power of Salience Theory in the Cryptocurrency Market","url":"/papers/ssrn/4721640/","summary":"The Salience theory, based on returns and trading volume, has a negative predictive power for forecasting return trends in the cryptocurrency market, with trading volume being a key factor.","featured":"2024-02-14","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"From Whales to Waves: The Role of Social Media Sentiment in Shaping Cryptocurrency Markets","url":"/papers/ssrn/4706410/","summary":"The paper explores the correlation between cryptocurrency market trends and investor sentiment, revealing a significant connection, especially influenced by large-scale investors.","featured":"2024-01-30","label":"SSRN","topic":"Crypto & DeFi","cites":4,"score":28,"scale":"shares"},{"title":"NFT Market Investor Sentiment Proxies","url":"/papers/ssrn/4708404/","summary":"Google Trend affects the NFT market during bear markets, while Fear and Greed Index and Volatility Index impact it during bull markets, according to a study.","featured":"2024-01-30","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Decoding Ethereum's Volatility Dynamics","url":"/papers/ssrn/4699666/","summary":"The research focuses on cryptocurrency volatility, particularly Ethereum, revealing that scalability factors and wealth distribution significantly affect volatility persistence and the stability-enhancing impact of Ethereum’s Merge upgrade.","featured":"2024-01-23","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Neural Hawkes: non-parametric estimation in high dimension and causality analysis in cryptocurrency markets","url":"/papers/arxiv/2401.09361/","summary":"High Dimension Non-Parametric Estimation: A new method called the moment-based neural Hawkes estimation method has been developed to analyze the microstructure of cryptocurrency markets, using neural networks to solve partial differential equations.","featured":"2024-01-23","label":"arXiv","topic":"Crypto & DeFi","cites":6,"score":5,"scale":"shares"},{"title":"The Market Consequences of Perceived Strategic Generosity: An Empirical Examination of NFT Charity Fundraisers","url":"/papers/arxiv/2401.12064/","summary":"Genuine vs Strategic Generosity: Research on NFT charity fundraisers shows that donors who quickly resell their NFTs or have high social exposure face significant market penalties, emphasizing the role of digital visibility and traceability in online philanthropy.","featured":"2024-01-23","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":4,"scale":"shares"},{"title":"Cryptocurrency Market Analysis with ML","url":"/papers/repec/taf-eurjfi-v-30-y-2024-i-1-p-78-100/","summary":"A study successfully used machine learning to predict Bitcoin to US dollar exchange rates with 78% accuracy.","featured":"2024-01-23","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":25,"scale":"shares"},{"title":"Fear in Finance: FoMO Impact","url":"/papers/ssrn/4692691/","summary":"FoMO Impact: The Fear of Missing Out (FoMO) effect in financial markets boosts equity and cryptocurrency prices and lowers market volatility due to reduced investor disagreement.","featured":"2024-01-17","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Transformer-based approach for Ethereum Price Prediction Using Crosscurrency correlation and Sentiment Analysis","url":"/papers/arxiv/2401.08077/","summary":"The research uses a transformer-based neural network to forecast Ethereum prices, indicating a strong correlation with other cryptocurrencies and sentiments, and suggests a theory on sentiment-driven illusion of causality in cryptocurrency price movements.","featured":"2024-01-17","label":"arXiv","topic":"Crypto & DeFi","cites":8,"score":4,"scale":"shares"},{"title":"Connectedness in Major Cryptocurrencies: Dichotomy & Drivers","url":"/papers/ssrn/4686414/","summary":"Dichotomy & Drivers: Research into the volatility dynamics of eight major cryptocurrencies shows distinct dynamics during market booms and downturns, linked to specific events in the crypto market and macroeconomic history.","featured":"2024-01-09","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Investigating Assumptions and Proposals for Blockchain Integration in the Circular Economy. A Delphi Study","url":"/papers/arxiv/2312.13774/","summary":"A study involving blockchain experts found that the technology could be successfully integrated into certain areas of the circular economy under specific conditions, despite some integrations being unlikely to work.","featured":"2024-01-03","label":"arXiv","topic":"Crypto & DeFi","cites":15,"score":4,"scale":"shares"},{"title":"Hawkes-based cryptocurrency forecasting via Limit Order Book data","url":"/papers/arxiv/2312.16190/","summary":"A new algorithm using limit order book data and a continuous output error model has been developed, providing accurate predictions of cryptocurrency returns and outperforming other models in accuracy and profit in a trading environment.","featured":"2024-01-03","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":4,"scale":"shares"},{"title":"The Risk and Return of Cryptocurrency Carry Trade","url":"/papers/ssrn/4666425/","summary":"Risk and Return: Cryptocurrency carry trade provides high returns that are not solely explained by cryptocurrency factors or geopolitical risks, indicating a significant part of returns is a premium for equity market volatility risk.","featured":"2023-12-20","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":6,"scale":"shares"},{"title":"The cost of artificial latency in the PBS context","url":"/papers/arxiv/2312.09654/","summary":"The study examines the effects of artificial latency in the Ethereum network's Proposer-Builder Separation framework, highlighting increased profits for node operators but also potential network inefficiencies and centralization risks.","featured":"2023-12-20","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":6,"scale":"shares"},{"title":"The Blockchain Risk Parity Line: Moving From The Efficient Frontier To The Final Frontier Of Investments","url":"/papers/ssrn/4666033/","summary":"Efficient Investing: Blockchain technology is being utilized to create risk-managed portfolios with three different funds, each inversely related to the asset's risk, giving investors the ability to choose their preferred risk or return level.","featured":"2023-12-20","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":3,"scale":"shares"},{"title":"Volatility Estimators for Cryptocurrencies","url":"/papers/repec/gam-jstats-v-6-y-2023-i-4-p-82-1370-d-1298480/","summary":"The paper studies the realized volatility of cryptocurrencies, showing that the best predictors for Bitcoin and Ethereum come from 30-day implied volatility.","featured":"2023-12-20","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":24,"scale":"shares"},{"title":"Deep Learning for Dynamic NFT Valuation","url":"/papers/arxiv/2312.05346/","summary":"The research suggests a deep learning model to predict non-fungible tokens (NFTs) prices using Ethereum blockchain and OpenSea data, which could be useful in decentralized finance (DeFi).","featured":"2023-12-13","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":6,"scale":"shares"},{"title":"Trusting a Smart Contract Means Trusting its Owners: Understanding Centralization Risk","url":"/papers/doi/10-1109-brains59668-2023-10316813/","summary":"The article highlights the unintended risk of centralization in smart contracts due to security mitigation efforts, and discusses its possible impact on different stakeholders.","featured":"2023-12-13","label":"arXiv","topic":"Crypto & DeFi","cites":8,"score":2,"scale":"shares"},{"title":"Decentralized Finance: Protocols, Risks, and Governance","url":"/papers/arxiv/2312.01018/","summary":"Protocols, Risks, Governance: The article discusses the benefits of decentralized finance (DeFi) over traditional finance, the function of smart contracts, and the associated risks, highlighting the need for more research on scalability and auditing.","featured":"2023-12-06","label":"arXiv","topic":"Crypto & DeFi","cites":22,"score":7,"scale":"shares"},{"title":"Market Misconduct in Decentralized Finance (DeFi): Analysis, Regulatory Challenges and Policy Implications","url":"/papers/arxiv/2311.17715/","summary":"The paper investigates the rise of blockchain and DeFi, potential market misconduct, and the challenges of creating a DeFi regulatory framework, suggesting possible regulation strategies.","featured":"2023-12-06","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":7,"scale":"shares"},{"title":"A dataset of Uniswap daily transaction indices by network","url":"/papers/arxiv/2312.02660/","summary":"The study explores the effect of Layer 2 solutions on DeFi by analyzing millions of transactions from Uniswap, offering insights into adoption, scalability, and decentralization in the DeFi sector.","featured":"2023-12-06","label":"arXiv","topic":"Crypto & DeFi","cites":24,"score":5,"scale":"shares"},{"title":"Tail Risk and Systemic Risk Estimation of Cryptocurrencies: an Expectiles and Marginal Expected Shortfall based approach","url":"/papers/arxiv/2311.17239/","summary":"The paper introduces an expectile-based approach to assess the tail risk of cryptocurrencies, presenting the Marginal Expected Shortfall as a tool to measure the impact of a single cryptocurrency on the market's systemic risk.","featured":"2023-12-06","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":5,"scale":"shares"},{"title":"Deep learning and NLP in cryptocurrency forecasting: Integrating financial, blockchain, and social media data","url":"/papers/arxiv/2311.14759/","summary":"The study uses Machine Learning and Natural Language Processing to predict Bitcoin and Ethereum prices using Twitter and Reddit data, improving forecasting accuracy.","featured":"2023-11-29","label":"arXiv","topic":"Crypto & DeFi","cites":27,"score":68,"scale":"shares"},{"title":"Deep State-Space Model for Predicting Cryptocurrency Price","url":"/papers/arxiv/2311.14731/","summary":"The research introduces a deep state-space model for predicting cryptocurrency prices, which is more accurate than current and traditional dynamical models.","featured":"2023-11-29","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":8,"scale":"shares"},{"title":"Heuristics for Detecting CoinJoin Transactions on the Bitcoin Blockchain","url":"/papers/arxiv/2311.12491/","summary":"The research explores CoinJoin, a method that combines multiple transactions into one for increased privacy in Bitcoin transactions, and develops new ways to identify CoinJoin transactions on the blockchain.","featured":"2023-11-29","label":"arXiv","topic":"Crypto & DeFi","cites":14,"score":4,"scale":"shares"},{"title":"Bitcoin Futures Forecasting with ML","url":"/papers/repec/spr-annopr-v-330-y-2023-i-1-d-10-1007-s10479-021-04205-x/","summary":"Machine learning algorithms have proven to be more effective than traditional models in predicting Bitcoin futures prices, maintaining an average accuracy rate above 50%.","featured":"2023-11-29","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":18,"scale":"shares"},{"title":"Market Efficiency in Blockchain Marketplaces","url":"/papers/ssrn/4630078/","summary":"The research examines market efficiency in blockchain-enabled marketplaces, revealing significant inefficiencies despite complete information transparency.","featured":"2023-11-15","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Analysis of Decentralization in Governance and Financial Efficiency of Companies: Studying the Relationship in the Field of Decentralized Finance","url":"/papers/arxiv/2311.02434/","summary":"The article studies how decentralization in blockchain-based governance affects the financial efficiency of Decentralized Autonomous Organizations (DAOs). It uses the Gini coefficient to measure inequality among token owners and discusses the pros and cons of this method.","featured":"2023-11-08","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":4,"scale":"shares"},{"title":"Characteristics of price related fluctuations in Non-Fungible Token (NFT) market","url":"/papers/arxiv/2310.19747/","summary":"Statistical Properties: The study shows that the Non-fungible token (NFT) market, although new and unique in its trading methods, has many statistical similarities with traditional financial markets, with some variations in certain quantitative measures.","featured":"2023-11-02","label":"arXiv","topic":"Crypto & DeFi","cites":15,"score":7,"scale":"shares"},{"title":"High Frequency Analysis of Bitcoin Volume-Volatility","url":"/papers/ssrn/4615028/","summary":"Research shows that unexpected trading volume is the key factor in spot volatility in Bitcoin futures and spot markets, while Bitcoin futures volumes have a calming effect on systemic volatility.","featured":"2023-11-02","label":"arXiv","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Assessing Network Risk with FRM in Cryptos","url":"/papers/ssrn/4606863/","summary":"The Financial Risk Meter uses quantile-LASSO regression to identify systemic financial risk and dependencies in the crypto market, showing strong predictive abilities for future systemic risk.","featured":"2023-10-25","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":4,"scale":"shares"},{"title":"Valuation and hedging of cryptocurrency inverse options: with backtest simulations using Deribit options data","url":"/papers/ssrn/4606748/","summary":"Inverse options, highly traded in the crypto market, perform equally well in USD and Coin units, and don't require fiat cash accounts.","featured":"2023-10-25","label":"SSRN","topic":"Crypto & DeFi","cites":2,"score":2,"scale":"shares"},{"title":"Reconciling Open Interest with Traded Volume in Perpetual Swaps","url":"/papers/arxiv/2310.14973/","summary":"Research shows that major derivatives exchanges often inaccurately report open interest in bitcoin perpetual swaps, with issues ranging from unlikely open interest figures to late notifications of compulsory trades.","featured":"2023-10-25","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":11,"scale":"shares"},{"title":"Bitcoin's Economic Value: Volatility Timing","url":"/papers/ssrn/4606787/","summary":"Volatility Timing: A study suggests Bitcoin outperforms gold in a portfolio during dovish monetary policy periods, but loses value during rapid rate hikes.","featured":"2023-10-25","label":"arXiv","topic":"Crypto & DeFi","cites":null,"score":6,"scale":"shares"},{"title":"Bitcoin, Sentiment Analysis and the Efficient Market Hypothesis: A Machine Learning Approach","url":"/papers/ssrn/4610497/","summary":"Machine learning models used to predict Bitcoin trends support the Efficient Market Hypothesis and can yield higher returns than traditional strategies.","featured":"2023-10-25","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Understanding and managing blockchain protocol risks","url":"/papers/arxiv/2310.10797/","summary":"The article introduces a risk management framework for blockchain protocol risks, created with financial institutions, blockchain developers, and regulators, to guide DLT adoption in finance.","featured":"2023-10-18","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":7,"scale":"shares"},{"title":"All AMMs are CFMMs. All DeFi markets have invariants. A DeFi market is arbitrage-free if and only if it has an increasing invariant","url":"/papers/arxiv/2310.09782/","summary":"The study establishes that every DeFi market has an invariant linked to arbitrage and completeness, offering a condition for no-arbitrage and completeness in nonlinear DeFi theory.","featured":"2023-10-18","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":5,"scale":"shares"},{"title":"Economics unchained: Investigating the role of cryptocurrency, blockchain and intricacies of Bitcoin price fluctuations","url":"/papers/arxiv/2310.09745/","summary":"The research conducts an economic analysis of Bitcoin, examining its impact, transaction volume, market capitalization, mining activities, and effects on traditional finance.","featured":"2023-10-18","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":3,"scale":"shares"},{"title":"Legal NLP Meets MiCAR: Advancing the Analysis of Crypto White Papers","url":"/papers/arxiv/2310.10333/","summary":"The paper explores the use of Natural Language Processing in analyzing crypto-asset white papers for regulatory compliance under the EU's crypto-asset regulation, discussing the potential and challenges of this integration.","featured":"2023-10-18","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":3,"scale":"shares"},{"title":"Cryptocurrency Liquidity Forecasting","url":"/papers/ssrn/4595672/","summary":"The article introduces an algorithm that uses past transaction data to predict liquidity over a four-hour period, with the LSTM-based algorithm performing better than SARIMAX and TBATS algorithms in unusual situations.","featured":"2023-10-12","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"Stablecoins vs. Money Market Funds","url":"/papers/ssrn/4593861/","summary":"Stablecoins and money market mutual funds have similar reserve asset backing and market microstructure, but stablecoins show larger dispersions from the dollar peg and higher volatility.","featured":"2023-10-12","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Bitcoin Volatility Estimation Model","url":"/papers/repec/hig-ecohse-2022-4-6/","summary":"The study suggests two semi-nonparametric GARCH models for more precise estimation of Bitcoin volatility dynamics, showing their superiority over traditional GARCH models.","featured":"2023-10-12","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":12,"scale":"shares"},{"title":"Assessing the solvency of virtual asset service providers: are current standards sufficient?","url":"/papers/arxiv/2309.16408/","summary":"Insights and Strategies: The article suggests a method to evaluate the financial stability of virtual asset service providers using data from crypto wallets, balance sheets, and regulatory bodies, emphasizing the importance of regular audits for crypto assets.","featured":"2023-10-04","label":"arXiv","topic":"Crypto & DeFi","cites":8,"score":6,"scale":"shares"},{"title":"Is Ethereum Proof of Stake Sustainable? - Considering from the Perspective of Competition Among Smart Contract Platforms -","url":"/papers/arxiv/2309.11394/","summary":"Doubts are raised about the sustainability and security of Ethereum's shift to Proof of Stake, with concerns about how competition with other smart contract platforms could affect Ether's price.","featured":"2023-09-21","label":"arXiv","topic":"Crypto & DeFi","cites":3,"score":8,"scale":"shares"},{"title":"Decentralised Finance and Automated Market Making: Predictable Loss and Optimal Liquidity Provision","url":"/papers/arxiv/2309.08431/","summary":"The study outlines the wealth dynamics of strategic liquidity providers in constant product markets, proposes an optimal liquidity provision strategy, and uses Uniswap v3 data to show its effectiveness.","featured":"2023-09-21","label":"arXiv","topic":"Crypto & DeFi","cites":47,"score":6,"scale":"shares"},{"title":"Crypto Skeptics' Supreme Risk","url":"/papers/ssrn/4576608/","summary":"The article explores the debate on the classification of crypto assets as commodities or securities, and the potential impact of the Supreme Court's final decision on this matter.","featured":"2023-09-21","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":14,"scale":"shares"},{"title":"Wealth Management Democratization: Hedged Fund Blockchain","url":"/papers/ssrn/4573057/","summary":"Hedged Fund Blockchain: The paper proposes innovations to adapt traditional investment fund practices to blockchain, including regular fund price updates, performance fees, and measures to counteract trading-related slippage costs.","featured":"2023-09-21","label":"arXiv","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Comparing Cryptocurrency and Stock Market Volatility Forecasts","url":"/papers/repec/hig-ecohse-2023-1-3/","summary":"The article finds that HAR models are more accurate than GARÑH models in predicting the volatility of Bitcoin and E-mini S&P 500 futures.","featured":"2023-09-21","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":26,"scale":"shares"},{"title":"Global Common Volatility Hedge: Bitcoin and Gold","url":"/papers/ssrn/4566562/","summary":"Bitcoin and Gold: The study reveals that gold is a reliable hedge and safe-haven asset against global volatility, while Bitcoin shows weaker hedging abilities but strong safe-haven potential during extreme situations.","featured":"2023-09-14","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Real-time VaR Calculations for Crypto Derivatives in KDB /Q","url":"/papers/arxiv/2309.06393/","summary":"The thesis focuses on creating a real-time calculation process to estimate the Value at Risk (VaR) for cryptocurrency derivatives portfolios, using three time-series models and high-frequency market data.","featured":"2023-09-14","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":6,"scale":"shares"},{"title":"Cryptocurrency Replication via Machine Learning","url":"/papers/ssrn/4552637/","summary":"The paper presents a machine learning method to create synthetic cryptocurrency portfolios that mimic the risk-adjusted return profile of cryptocurrencies, providing a safer investment option.","featured":"2023-08-30","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":3,"scale":"shares"},{"title":"Transaction fee mechanism for Proof-of-Stake protocol","url":"/papers/arxiv/2308.13881/","summary":"The research expands the transaction fee system in blockchain's proof-of-stake protocol, adding a long-term utility model for miners and a new parameter for user-miner incentives and contract validity.","featured":"2023-08-30","label":"arXiv","topic":"Crypto & DeFi","cites":9,"score":9,"scale":"shares"},{"title":"Axioms for Automated Market Makers: A Mathematical Framework in FinTech and Decentralized Finance","url":"/papers/arxiv/2210.01227/","summary":"Mathematical Framework: The research introduces a new framework for Automated Market Makers, suggesting a unique fee structure and a novel AMM that reduces divergence loss.","featured":"2023-08-30","label":"arXiv","topic":"Crypto & DeFi","cites":25,"score":19,"scale":"shares"},{"title":"Self-Exciting Jump Structure in Cryptocurrencies vs. S&P 500","url":"/papers/ssrn/4545131/","summary":"The research introduces a model that captures the dynamics of daily cryptocurrency returns, showing evidence of self-triggered clustering and more identified jumps than previous models.","featured":"2023-08-24","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"The Effectiveness of Volatility Control Strategies in Incorporating Crypto or Digital Assets Into Portfolios","url":"/papers/ssrn/4548964/","summary":"Effectiveness: Volatility control strategies are effective in managing risk in high-volatility assets like crypto, but their risk-adjusted performance varies, as per a study on portfolio construction techniques.","featured":"2023-08-24","label":"SSRN","topic":"Crypto & DeFi","cites":0,"score":2,"scale":"shares"},{"title":"\"Zero Cost\" Majority Attacks on Permissionless Blockchains","url":"/papers/arxiv/2308.06568/","summary":"Research shows that permissionless blockchains can be attacked at a negative cost by a majority attacker, indicating the need for external security measures beyond protocol mechanisms.","featured":"2023-08-17","label":"arXiv","topic":"Crypto & DeFi","cites":11,"score":4,"scale":"shares"},{"title":"The Four Types of Stablecoins: A Comparative Analysis","url":"/papers/arxiv/2308.07041/","summary":"The study examines the stability of various stablecoins under different conditions, stressing the need to understand their collateral's origin and management to ensure stability and reduce risks.","featured":"2023-08-17","label":"arXiv","topic":"Crypto & DeFi","cites":10,"score":2,"scale":"shares"},{"title":"Volatility Dynamics in Crypto","url":"/papers/ssrn/4542577/","summary":"The fluctuating nature of cryptocurrencies is closely tied to specific events in the crypto market and wider economic history.","featured":"2023-08-17","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":20,"scale":"shares"},{"title":"Crypto Quanto & Inverse Options","url":"/papers/ssrn/4538564/","summary":"The article offers a mathematical breakdown of direct and inverse options in crypto trading, including their pricing, hedging features, and benefits for fiat-based traders.","featured":"2023-08-17","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Learning from DeFi: Would Automated Market Makers Improve Equity Trading?","url":"/papers/ssrn/4531670/","summary":"The study suggests that optimally designed automated market makers could potentially save U.S. investors billions in transaction costs each year.","featured":"2023-08-09","label":"SSRN","topic":"Crypto & DeFi","cites":17,"score":2,"scale":"shares"},{"title":"Good vs. Bad Volatility: The Dichotomy and Drivers of Connectedness in Major Cryptocurrencies","url":"/papers/ssrn/4522873/","summary":"The volatility dynamics of cryptocurrencies, which have unique statistical properties, are vital for portfolio managers and traders, with high or low connectedness periods linked to specific crypto market and macroeconomic events.","featured":"2023-08-02","label":"SSRN","topic":"Crypto & DeFi","cites":2,"score":3,"scale":"shares"},{"title":"Pricing Power of Perpetual Futures","url":"/papers/ssrn/4525788/","summary":"The study presents a new method for pricing power perpetual futures with stochastic volatility, enhancing the existing deterministic volatility framework, particularly for crypto trading.","featured":"2023-08-02","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Bitcoin Gold, Litecoin Silver: An Introduction to Cryptocurrency's Valuation and Trading Strategy","url":"/papers/arxiv/2308.00013/","summary":"A study confirms the comparison of Bitcoin to gold and Litecoin to silver, highlighting Bitcoin's superior value storage capacity compared to Litecoin.","featured":"2023-08-02","label":"arXiv","topic":"Crypto & DeFi","cites":12,"score":10,"scale":"shares"},{"title":"Shifting Cryptocurrency Influence: A High-Resolution Network Analysis of Market Leaders","url":"/papers/arxiv/2307.16874/","summary":"A cryptocurrency market analysis shows Ethereum as the market leader, with influential cryptocurrencies gaining more power over time, despite the increasing number of cryptocurrencies.","featured":"2023-08-02","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":5,"scale":"shares"},{"title":"Liquidity Premium for Crypto Assets","url":"/papers/ssrn/4521131/","summary":"The research introduces new liquidity premium Beta measures for crypto assets and portfolios, enhancing predictability and performance in situations of high liquidity.","featured":"2023-07-26","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":2,"scale":"shares"},{"title":"Liquidity Premium in Crypto Assets","url":"/papers/ssrn/4514422/","summary":"New ways of measuring liquidity premium Beta for crypto assets enhance predictability at high liquidity, outperforming traditional mean variance in portfolio performance.","featured":"2023-07-19","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":12,"scale":"shares"},{"title":"Temporal and Geographical Analysis of Real Economic Activities in the Bitcoin Blockchain","url":"/papers/arxiv/2307.08616/","summary":"The research investigates the real economic activity in the Bitcoin blockchain involving retail users, raising concerns about Bitcoin ecosystem centralization and offering insights into the geographical location of Bitcoin users.","featured":"2023-07-19","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":4,"scale":"shares"},{"title":"Decentralised Finance and Automated Market Making: Execution and Speculation","url":"/papers/ssrn/4144743/","summary":"The study investigates automated market makers, particularly constant product market makers, and develops two optimal trading strategies using stochastic optimal control tools, as demonstrated with Uniswap v3 data.","featured":"2023-07-12","label":"arXiv","topic":"Crypto & DeFi","cites":49,"score":10,"scale":"shares"},{"title":"Arbitrage Opportunities and Efficiency Tests in Crypto Options","url":"/papers/ssrn/4495548/","summary":"Bitcoin and ether derivatives markets are becoming more efficient, especially for longer-dated options.","featured":"2023-07-05","label":"SSRN","topic":"Crypto & DeFi","cites":1,"score":4,"scale":"shares"},{"title":"Stablecoin Arbitrage","url":"/papers/ssrn/4494679/","summary":"Stablecoin issuers face risk due to illiquid assets and fixed redemption values, worsened by efficient arbitrage.","featured":"2023-07-05","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":240,"scale":"shares"},{"title":"Blockchain Scaling and Liquidity Concentration on Decentralized Exchanges","url":"/papers/arxiv/2306.17742/","summary":"Decentralized exchanges can improve liquidity and reduce slippage for small trades through repositioning.","featured":"2023-07-05","label":"arXiv","topic":"Crypto & DeFi","cites":15,"score":5,"scale":"shares"},{"title":"Decomposing cryptocurrency high-frequency price dynamics into recurring and noisy components.","url":"/papers/arxiv/2306.17095/","summary":"External factors like macroeconomic reports and stock indices impact the activity patterns of cryptocurrencies like bitcoin and ether.","featured":"2023-07-05","label":"arXiv","topic":"Crypto & DeFi","cites":14,"score":3,"scale":"shares"},{"title":"Intraday crypto algorithmic trading strategies","url":"/papers/repec/kap-rqfnac-v-61-y-2023-i-1-d-10-1007-s11156-023-01139-2/","summary":"Machine learning algorithms are used to trade cryptocurrencies intraday, with the RSI system proving to be the most effective.","featured":"2023-06-28","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":26,"scale":"shares"},{"title":"Risk Assessment in Post-Pandemic Household Cryptocurrency Investments","url":"/papers/repec/pal-assmgt-v-24-y-2023-i-4-d-10-1057-s41260-022-00302-z/","summary":"Study finds top machine learning algorithm for assessing risk in post-pandemic crypto investments.","featured":"2023-06-28","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":27,"scale":"shares"},{"title":"Causality between Sentiment and Cryptocurrency Prices","url":"/papers/arxiv/2306.05803/","summary":"A Narrative Study: A study has been conducted to examine the correlation between narratives on Twitter and the value of cryptocurrency. The study used topic modelling and sentiment analysis to identify 4-5 cryptocurrency-related narratives and their impact on crypto prices.","featured":"2023-06-14","label":"arXiv","topic":"Crypto & DeFi","cites":2,"score":11,"scale":"shares"},{"title":"Trend-Based Forecasting for Cryptocurrencies","url":"/papers/repec/eee-ecmode-v-124-y-2023-i-c-s0264999323001359/","summary":"Efficacy of trend-based technical indicators in predicting cryptocurrency market returns examined, finding machine learning can significantly improve performance.","featured":"2023-06-14","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":16,"scale":"shares"},{"title":"Cryptocurrencies and Google Trends","url":"/papers/repec/urv-wpaper-2072-534919/","summary":"Cryptocurrencies are linked to specific Google Trends attention measures, but not a general uncertainty index.","featured":"2023-06-14","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":5,"scale":"shares"},{"title":"Blockchain-based Decentralized Co-governance: Innovations and Solutions for Sustainable Crowdfunding","url":"/papers/arxiv/2306.00869/","summary":"Article 1 suggests a new crowdfunding model using digital tokens and decentralized co-governance for MSMEs and innovative projects.","featured":"2023-06-07","label":"arXiv","topic":"Crypto & DeFi","cites":4,"score":5,"scale":"shares"},{"title":"The Role of Twitter in Cryptocurrency Pump-and-Dumps","url":"/papers/arxiv/2306.02148/","summary":"Article 2 shows that Twitter promotion leads to significant losses for investors in cryptocurrency pump-and-dump events.","featured":"2023-06-07","label":"arXiv","topic":"Crypto & DeFi","cites":1,"score":4,"scale":"shares"},{"title":"Bitcoin Volatility Factors","url":"/papers/repec/wly-jforec-v-42-y-2023-i-4-p-970-988/","summary":"Study evaluates role of macroeconomic and technical indicators in forecasting Bitcoin volatility.","featured":"2023-06-07","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":18,"scale":"shares"},{"title":"Machine Learning for Bitcoin Trading","url":"/papers/repec/wly-jforec-v-42-y-2023-i-4-p-852-871/","summary":"Machine learning and narrative sentiments used to trade Bitcoin, with gradient boosting framework and time-varying leverage strategy enhancing performance.","featured":"2023-06-07","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":31,"scale":"shares"},{"title":"The Influence of ChatGPT on Artificial Intelligence Related Crypto Assets: Evidence from a Synthetic Control Analysis","url":"/papers/doi/10-1016-j-frl-2023-103993/","summary":"New method proposed to compute security prices without third party involvement.","featured":"2023-05-24","label":"arXiv","topic":"Crypto & DeFi","cites":37,"score":17,"scale":"shares"},{"title":"Trustless Price Feeds of Cryptocurrencies: Pathfinder","url":"/papers/arxiv/2305.13227/","summary":"A new report suggests that the use of blockchain technology in the healthcare industry could save up to $100 billion annually by 2025, through improved data management, reduced fraud, and increased efficiency.","featured":"2023-05-24","label":"arXiv","topic":"Crypto & DeFi","cites":0,"score":11,"scale":"shares"},{"title":"Macro Finance Model for Ethereum","url":"/papers/ssrn/4445322/","summary":"Study of Ethereum's monetary and fee policies shows staking reward factor does not affect market capitalization in dollar terms.","featured":"2023-05-24","label":"SSRN","topic":"Crypto & DeFi","cites":null,"score":195,"scale":"shares"},{"title":"Bitcoin Price Prediction with Machine Learning","url":"/papers/repec/kap-compec-v-61-y-2023-i-4-d-10-1007-s10614-022-10262-6/","summary":"Machine learning techniques can predict Bitcoin prices with varying degrees of accuracy, according to a study.","featured":"2023-05-24","label":"RePEc","topic":"Crypto & DeFi","cites":null,"score":20,"scale":"shares"}],"per_quarter":{"2023 Q2":13,"2023 Q3":29,"2023 Q4":31,"2024 Q1":35,"2024 Q2":37,"2024 Q3":33,"2024 Q4":14,"2025 Q1":40,"2025 Q2":37,"2025 Q3":12,"2025 Q4":11,"2026 Q1":0,"2026 Q2":0,"2026 Q3":2}}