A Compendium Of The Latest Erudite Analyses Of The Shifting Intricacies Within The Bitcoin Ecosystem
DOI:
https://doi.org/10.64252/2hn8n827Abstract
The paper presents a comprehensive analysis of the evolving Bitcoin ecosystem, highlighting its interconnectedness with traditional financial markets, particularly gold, oil, and GCC stock markets. It explores the impact of global crises on Bitcoin and other assets, emphasizing the role of Bitcoin as a potential hedge and diversification tool in investment portfolios. The study delves into the determinants of Bitcoin prices, including speculative trends and market variables, and examines the effects of the ProShares Bitcoin Strategy ETF (BITO) on Bitcoin futures. Technological advancements in Bitcoin price forecasting are discussed, with a focus on the MFB model, which integrates financial data and deep learning techniques for high accuracy. The document also investigates the correlation between Bitcoin and altcoins, proposing AI-driven investment strategies. An anti-money laundering (AML) framework using graph embedding techniques is introduced to detect illicit Bitcoin transactions. The analysis extends to Bitcoin's role as a safe haven during economic turmoil, using symbolic transmission entropy to study information flow dynamics. A comparison between econometric and machine learning models for Bitcoin price prediction reveals the superiority of machine learning techniques. Recent regulatory developments in the US and their implications for digital assets are examined, alongside future trends in Bitcoin price forecasting using the CryptoMamba model. Finally, the paper addresses security challenges in the cryptocurrency market, proposing various consensus mechanisms and cryptographic techniques to enhance blockchain security. The conclusion underscores the importance of continuous innovation, regulatory clarity, and broader adoption for Bitcoin's long-term success.