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Automatic Cryptocurrencies Trading
Vorobiev, Nikolaj ; Hrubý, Martin (referee) ; Rozman, Jaroslav (advisor)
This thesis focuses on the trading in the cryptocurrency market. The theoretical part of the thesis describes the principles of trading, technical analysis, trading systems and recurrent neural networks. After conducting a search of brokers, Binance is chosen as a trading broker and real-time data provider; CryptoDataDownload is chosen as a historical data provider. After getting acquainted with the technologies used, elements of information trading systems are designed, enabling communication with remote servers and with each other, for the purpose of trading, obtaining and concurrent processing of user's, historical or real-time data. The resulting systems should provide to the user manual, semi-automatic (according to the plan) or automatic (according to the decisions of recurrent neural network, learned on historical data) trading and ability to respond to a change in the market. Furthermore, the thesis moves to the practical level, including implementation and experiments on created systems. In the final part of the thesis, the results are evaluated and the possibilities for improvement and expansion are described.
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Gold, oil, and stocks as safe havens for Bitcoin
Nedvěd, Martin ; Krištoufek, Ladislav (advisor) ; Kurka, Josef (referee)
Bitcoin is often compared to gold for its gold-like features such as a store of value, a limited supply, and a safe haven. However, due to Bitcoin's extreme price movements, investors might rather look for a safe haven against Bitcoin. In this thesis, we study such properties among traditional assets. Specifically, we analyze gold, oil, and stocks as safe havens for Bitcoin on a sample period from 2014 until March 2022. We find that gold acts as a strong safe haven suggesting gold's traditional role as a shelter during uncertainty holds also for this crypto asset. 1
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Risk Analysis of Selected Cryptocurrencies in Personal Finance
Strouhal, Tomáš ; Stroukal,, Dominik (referee) ; Karpíšek, Zdeněk (advisor)
This diploma thesis deals with cryptocurrency’s risk regarding other investment opportunities, such as funds. The aim of the work is to present a simple indicator of risk and reward in order to place cryptocurrencies in the context of other investments. First, selected cryptocurrencies are described, then their characteristics are compared with the funds. Synthetic risk and reward indicator is used as a tool to compare risk and reward of cryptocurrencies with the funds. This indicator is modified to match the cryptocurrency’s characteristics and still have a narrative value. After this modification, it is used to calculate the risk and reward of the S&P 500, Allianz Global Artificial Intelligence, Binance Coin, Bitcoin, Cardano, Ethereum, Solana, Tether, USD Coin and XRP. The results show that the original range of the indicator is insufficient given the higher volatility of cryptocurrencies, which it is unable to reflect. Conversely, the adjusted indicator is already very good at calculating with higher volatility in cryptocurrencies and assigning them to a higher risk class.
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Mobile App for Management of Transactions with Cryptocurrencies
Bobčík, Pavel ; Špaňhel, Jakub (referee) ; Herout, Adam (advisor)
The main goal of this bachelor thesis is to create a mobile application which would serve as auxiliary tool in cryptocurrency trading. The application is therefore targeting group of people already engaged in this market. The user can store and keep track of information about his transactions, such as purchase, sale and exchange. The application works with basic information, such as quantity, price, cryptocurrency name and date of proceeding. Based on the information it makes necessary calculations for correct organization in FIFO queue. Transactions can be further modified. Newly gained information are then processed. The user has option to generate PDF file, including all the information about own transactions in selected tax period. Also the overview of the currently registered cryptocurrencies can be displayed in the application. The design and entire looks of the application was consulted with potential users with its aim for maximizing user experience and also simplify orientation. Some observations serve as opportunities for further development.
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Automated Investment Strategy for Trading Selected Cryptocurrency
Melzrová, Anežka ; Budík, Jan (referee) ; Luhan, Jan (advisor)
This master's thesis deals with an automated investment strategy designed for the cryptocurrency market. The selected cryptocurrency is characterized and analyzed. Existing automated investment strategies are evaluated and then a custom automated investment strategy is proposed. All the strategies are tested on historical data of the selected cryptocurrency and their contribution is evaluated.
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Proposal for a Regulation on Markets in Crypto-Assets: Impact on Currently Available Stablecoins
Vilímek, Matyáš ; Sejkora, Tomáš (advisor) ; Kotáb, Petr (referee)
1 Proposal for a Regulation on Markets in Crypto- Assets: Impact on Currently Available Stablecoins Abstract On 24 September 2020, the European Commission introduced its Proposal for a Regulation on Markets in Crypto-Assets (MiCA). In addition to regulating general crypto-assets, so-called crypto-asset service providers, and market abuse in relation to crypto-assets, MiCA also lays down rules for stablecoins, i.e., crypto-assets which aim to maintain a stable value. This thesis analyses how MiCA, if passed into law as introduced by the Commission, would impact the stablecoin market as it exists today, and how this would affect the ways people already use stablecoins. It does so by asking and answering these questions: How do different types of stablecoins function? If MiCA were applied to these stablecoins, would they be compliant? If not, which rules would they not comply with? If the rules were not changed, could we realistically expect such stablecoins to adapt? If they would not adapt and would cease to function, how would it change the way people currently use stablecoins? In its core, the thesis selects five stablecoins to represent the broader stablecoin market and then describes how they function. These stablecoins are Tether (USDT), TerraUSD (UST), Magic Internet Money (MIM), Fei USD (FEI), and...
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Alternative economies in rural Russia
Vargolskaia, Virginia ; Stöckelová, Tereza (advisor) ; Abu Ghosh, Yasar (referee)
The aim of this diploma thesis is to study how nonhuman agents are introduced and employed as a replacement for social reproduction by analyzing the environment and types of exchange practiced in the countryside of post-socialist Russia. The farm where my fieldwork took place exhibits many types of exchange, among which cryptocurrencies, seen as a socio- material algorithm, are used for the redistribution of essential goods and/or favors in a method similar to those used in former socialist and post-socialist economies. Drawing from the anthropological discussion on gift-commodity logic in the area, I look at cryptocurrencies as a hybrid - they hold the qualities of a gift (authority, name) and could be used to speculate with on the crypto stock-exchange (commodity). Key words: alternative economies, post-socialism, cryptocurrencies, algorithms, sociomateriality
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