[HTML][HTML] FTX's downfall and Binance's consolidation: The fragility of centralised digital finance

D Vidal-Tomás, A Briola, T Aste - Physica A: Statistical Mechanics and Its …, 2023 - Elsevier
This paper investigates the causes and the consequences of the FTX digital currency
exchange's failure in November 2022. Analysing on-chain data, we report that FTX heavily …

[HTML][HTML] Volatility and returns connectedness in cryptocurrency markets: Insights from graph-based methods

APN Nguyen, TT Mai, M Bezbradica… - Physica A: Statistical …, 2023 - Elsevier
We employ graph-based methods to examine the connectedness between cryptocurrencies
of different market caps over time. By applying denoising and detrending techniques …

Cryptotrade: A reflective llm-based agent to guide zero-shot cryptocurrency trading

Y Li, B Luo, Q Wang, N Chen, X Liu… - Proceedings of the 2024 …, 2024 - aclanthology.org
Abstract The utilization of Large Language Models (LLMs) in financial trading has primarily
been concentrated within the stock market, aiding in economic and financial decisions. Yet …

Fractal properties, information theory, and market efficiency

X Brouty, M Garcin - Chaos, Solitons & Fractals, 2024 - Elsevier
Considering that both the entropy-based market information and the Hurst exponent are
useful tools for determining whether the efficient market hypothesis holds for a given asset …

[HTML][HTML] An exploration of the mathematical structure and behavioural biases of 21st century financial crises

N James, M Menzies - Physica A: Statistical Mechanics and its Applications, 2023 - Elsevier
In this paper we contrast the dynamics of the 2022 Ukraine invasion financial crisis with
notable financial crises of the 21st century—the dot-com bubble, global financial crisis and …

Correlations versus noise in the NFT market

M Wątorek, P Szydło, J Kwapień… - Chaos: An Interdisciplinary …, 2024 - pubs.aip.org
The non-fungible token (NFT) market emerges as a recent trading innovation leveraging
blockchain technology, mirroring the dynamics of the cryptocurrency market. The current …

Cryptocurrency trading, day trading, and gambling behavior: examining the moderating effects of financially focused self-concept and gambling motives

ER Louderback, SP McCullock, DA LaPlante - Journal of Gambling …, 2024 - Springer
Cryptocurrency and day trading have grown in popularity over the past decade following the
creation of the first cryptocurrency, Bitcoin, in 2009. These activities share important features …

[PDF][PDF] Ethereum 2.0 Hard Fork: Consensus Change and Market Efficiency

J Ahn, E Yi, M Kim - The Journal of The British Blockchain …, 2024 - jbba.scholasticahq.com
This study investigates the impact of consensus mechanism changes on cryptocurrency
markets within the framework of the efficient market hypothesis, focusing on Ethereum's …

Decomposing cryptocurrency high-frequency price dynamics into recurring and noisy components

M Wątorek, M Skupień, J Kwapień… - … Interdisciplinary Journal of …, 2023 - pubs.aip.org
This paper investigates the temporal patterns of activity in the cryptocurrency market with a
focus on Bitcoin, Ethereum, Dogecoin, and WINkLink from January 2020 to December 2022 …

Extreme frequency connectedness, determinants and portfolio analysis of major cryptocurrencies: Insights from quantile time-frequency approach

P Bhattacherjee, S Mishra, SH Kang - The Quarterly Review of Economics …, 2025 - Elsevier
The study examines the extreme time-frequency connectedness among 12 major
cryptocurrencies for the period from February 26, 2018, to February 6, 2024. We employ the …