Blockchain Metrics and Indicators in Cryptocurrency Trading

arXiv:2403.00770v1 Announce Type: cross
Abstract: The objective of this paper is the construction of new indicators that can be useful to operate in the cryptocurrency market. These indicators are based on public data obtained from the blockchain network, specifically from the nodes that make up Bitcoin mining. Therefore, our analysis is unique to that network. The results obtained with numerical simulations of algorithmic trading and prediction via statistical models and Machine Learning demonstrate the importance of variables such as the …

analysis arxiv bitcoin bitcoin mining blockchain blockchain network can construction cryptocurrency cs.cr data indicators make up market metrics mining network nodes public trading