Bitcoin Price Prediction and NFT Generator Based on Sentiment Analysis

被引:0
|
作者
Lade, Mitali [1 ]
Welekar, Rashmi [2 ]
Dadiyala, Charanjeet [1 ]
机构
[1] Shri Ramdeobaba Coll Engn & Management, Nagpur, India
[2] Shri Ramdeobaba Coll Engn & Management, Comp Sci & Engn Dept, Nagpur, India
来源
INTERNATIONAL JOURNAL OF NEXT-GENERATION COMPUTING | 2023年 / 14卷 / 01期
关键词
Bitcoin; Cryptopunks; NFT; Prediction;
D O I
暂无
中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
Twitter sentiment has been found to be useful in predicting whether the price of Bitcoin will rise or fall will climb or decline. Modelling market activity and hence emotion in the Bitcoin ecosystem gives insight into Bitcoin price forecasts. We take into account not just the emotion retrieved not just from tweets, but also from the quantity of tweets. With the goal of optimising time window within which expressed emotion becomes a credible predictor of price change, we provide data from research that examined the link among both sentiment and future price at various temporal granularities. We demonstrate in this study that not only can price direction be anticipated, but also the magnitude of price movement with same accuracy, and this is the study's major scientific contribution. Non-Fungible Token (NFT) has gained international interest in recent years as a blockchain-based application. The most prevalent kind of NFT that can be stored on many blockchains is digital art. We did studies on CryptoPunks, the most popular collection on the NFT market, in examine and depict each and every major ethical challenges. We investigated ethical concerns from three perspectives: design, trade transactions, and relevant Twitter topics. Using Python libraries, a Twitter crawler, and sentiment analysis tools, we scraped data from Twitter and performed the analysis and prediction on bitcoin and NFTs.
引用
收藏
页码:223 / 229
页数:7
相关论文
共 50 条
  • [1] Recurrent Neural Network Based Bitcoin Price Prediction by Twitter Sentiment Analysis
    Pant, Dibakar Raj
    Neupane, Prasanga
    Poudel, Anuj
    Pokhrel, Anup Kumar
    Lama, Bishnu Kumar
    PROCEEDINGS ON 2018 IEEE 3RD INTERNATIONAL CONFERENCE ON COMPUTING, COMMUNICATION AND SECURITY (ICCCS), 2018, : 128 - 132
  • [2] Bitcoin Price Prediction Using Sentiment Analysis and Empirical Mode Decomposition
    Arslan, Serdar
    COMPUTATIONAL ECONOMICS, 2024, : 2227 - 2248
  • [3] BPTE: Bitcoin Price Prediction and Trend Examination using Twitter Sentiment Analysis
    Shahzad, Muhammad K.
    Bukhari, Laiba
    Khan, Tayyeba Muhammad
    Islam, S. M. Riazul
    Hossain, Mahmud
    Kwak, Kyung-Sup
    12TH INTERNATIONAL CONFERENCE ON ICT CONVERGENCE (ICTC 2021): BEYOND THE PANDEMIC ERA WITH ICT CONVERGENCE INNOVATION, 2021, : 119 - 122
  • [4] Sentiment Analysis and Recurrent Radial Basis Function Network for Bitcoin Price Prediction
    Casillo, Mario
    Lombardi, Marco
    Lorusso, Angelo
    Marongiu, Francesco
    Santaniello, Domenico
    Valentino, Carmine
    2022 IEEE 21ST MEDITERRANEAN ELECTROTECHNICAL CONFERENCE (IEEE MELECON 2022), 2022, : 1189 - 1193
  • [5] Evaluating Sentiment Classifiers for Bitcoin Tweets in Price Prediction Task
    Balfagih, Ahmed M.
    Keselj, Vlado
    2019 IEEE INTERNATIONAL CONFERENCE ON BIG DATA (BIG DATA), 2019, : 5499 - 5506
  • [6] Price clustering and sentiment in bitcoin
    Baig, Ahmed
    Blau, Benjamin M.
    Sabah, Nasim
    FINANCE RESEARCH LETTERS, 2019, 29 : 111 - 116
  • [7] Sentiment-Driven Price Prediction of the Bitcoin based on Statistical and Deep Learning Approaches
    Serafini, Giulia
    Yi, Ping
    Zhang, Qingquan
    Brambilla, Marco
    Wang, Jiayue
    Hu, Yiwei
    Li, Beibei
    2020 INTERNATIONAL JOINT CONFERENCE ON NEURAL NETWORKS (IJCNN), 2020,
  • [8] Twitter Sentiment and Bitcoin Price Is there a connection?
    Baroiu, Alexandru-Costin
    Dobrita , Gabbriela
    2022 26TH INTERNATIONAL CONFERENCE ON SYSTEM THEORY, CONTROL AND COMPUTING (ICSTCC), 2022, : 258 - 262
  • [9] Using sentiment analysis to predict interday Bitcoin price movements
    Karalevicius, Vytautas
    Degrande, Niels
    De Weerdt, Jochen
    JOURNAL OF RISK FINANCE, 2018, 19 (01) : 56 - 75
  • [10] Bitcoin price change and trend prediction through twitter sentiment and data volume
    Jacques Vella Critien
    Albert Gatt
    Joshua Ellul
    Financial Innovation, 8