{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2018:C7Y65SKZO3J3SZNVCUNISEF3UD","short_pith_number":"pith:C7Y65SKZ","canonical_record":{"source":{"id":"1807.05360","kind":"arxiv","version":5},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-07-14T08:50:25Z","cross_cats_sorted":["econ.GN","q-fin.EC"],"title_canon_sha256":"06c50c26b8330841fe5bb4262cfbcabdd8bc886a7c1949e345c843f4604d8e5b","abstract_canon_sha256":"e9cf527ccf5873a64cfce96e7d5241e828780137b0bdcff071c186da75e26cc8"},"schema_version":"1.0"},"canonical_sha256":"17f1eec95976d3b965b5151a8910bba0ebbbc7323c93c44ce389f4cfe8e1216b","source":{"kind":"arxiv","id":"1807.05360","version":5},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1807.05360","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"arxiv_version","alias_value":"1807.05360v5","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1807.05360","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"pith_short_12","alias_value":"C7Y65SKZO3J3","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"pith_short_16","alias_value":"C7Y65SKZO3J3SZNV","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"pith_short_8","alias_value":"C7Y65SKZ","created_at":"2026-06-04T19:12:07Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2018:C7Y65SKZO3J3SZNVCUNISEF3UD","target":"record","payload":{"canonical_record":{"source":{"id":"1807.05360","kind":"arxiv","version":5},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-07-14T08:50:25Z","cross_cats_sorted":["econ.GN","q-fin.EC"],"title_canon_sha256":"06c50c26b8330841fe5bb4262cfbcabdd8bc886a7c1949e345c843f4604d8e5b","abstract_canon_sha256":"e9cf527ccf5873a64cfce96e7d5241e828780137b0bdcff071c186da75e26cc8"},"schema_version":"1.0"},"canonical_sha256":"17f1eec95976d3b965b5151a8910bba0ebbbc7323c93c44ce389f4cfe8e1216b","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-06-04T19:12:07.331511Z","signature_b64":"c/o3vouKuDz+BKtl0OimGKjqgsWpVF0zLEwR4B7VO4cYJOXx3icsaWBi8J98PYpnFPIdt7cskn3ZtVxx/uNgBw==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"17f1eec95976d3b965b5151a8910bba0ebbbc7323c93c44ce389f4cfe8e1216b","last_reissued_at":"2026-06-04T19:12:07.331010Z","signature_status":"signed_v1","first_computed_at":"2026-06-04T19:12:07.331010Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"1807.05360","source_version":5,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-06-04T19:12:07Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"fDDAMJHCmH9fP+ouozoLiGu9d0SYXbwhzPgGvMpQw2xMhGPLHG47aHtBhfipxoWFl5ugTlBoR5ou88nJ7zuSCQ==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-08T19:05:46.778590Z"},"content_sha256":"74c0458a2f990e1a9d636dc2743b121847273e3ef57c262b8eaafcfd12e1ab1f","schema_version":"1.0","event_id":"sha256:74c0458a2f990e1a9d636dc2743b121847273e3ef57c262b8eaafcfd12e1ab1f"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2018:C7Y65SKZO3J3SZNVCUNISEF3UD","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"Characterizing Cryptocurrency market with Levy's stable distributions","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["econ.GN","q-fin.EC"],"primary_cat":"q-fin.ST","authors_text":"Ken Umeno, Shinji Kakinaka","submitted_at":"2018-07-14T08:50:25Z","abstract_excerpt":"The recent emergence of cryptocurrencies such as Bitcoin and Ethereum has posed possible alternatives to global payments as well as financial assets around the globe, making investors and financial regulators aware of the importance of modeling them correctly. The Levy's stable distribution is one of the attractive distributions that well describes the fat tails and scaling phenomena in economic systems. In this paper, we show that the behaviors of price fluctuations in emerging cryptocurrency markets can be characterized by a non-Gaussian Levy's stable distribution with $\\alpha \\simeq 1.4$ un"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1807.05360","kind":"arxiv","version":5},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"integrity":{"clean":true,"summary":{"advisory":0,"critical":0,"by_detector":{},"informational":0},"endpoint":"/pith/1807.05360/integrity.json","findings":[],"available":true,"detectors_run":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938"},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"verdict_id":null},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-06-04T19:12:07Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"Uvm4+PP3TQllf2Z26MxdWtX87n8SFaAfeYdtM4h6592gB4w3JogQY7p03oUDNMHXIf/bqFIThwYOXPreV26lCw==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-08T19:05:46.779245Z"},"content_sha256":"f7265ccf9ef8ee433795c549d119234aacf2846e729f8850c90fd88c3eac34aa","schema_version":"1.0","event_id":"sha256:f7265ccf9ef8ee433795c549d119234aacf2846e729f8850c90fd88c3eac34aa"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/C7Y65SKZO3J3SZNVCUNISEF3UD/bundle.json","state_url":"https://pith.science/pith/C7Y65SKZO3J3SZNVCUNISEF3UD/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/C7Y65SKZO3J3SZNVCUNISEF3UD/bundle.json","status":"primary"}],"public_keys":[{"key_id":"pith-v1-2026-05","algorithm":"ed25519","format":"raw","public_key_b64":"stVStoiQhXFxp4s2pdzPNoqVNBMojDU/fJ2db5S3CbM=","public_key_hex":"b2d552b68890857171a78b36a5dccf368a953413288c353f7c9d9d6f94b709b3","fingerprint_sha256_b32_first128bits":"RVFV5Z2OI2J3ZUO7ERDEBCYNKS","fingerprint_sha256_hex":"8d4b5ee74e4693bcd1df2446408b0d54","rotates_at":null,"url":"https://pith.science/pith-signing-key.json","notes":"Pith uses this Ed25519 key to sign canonical record SHA-256 digests. Verify with: ed25519_verify(public_key, message=canonical_sha256_bytes, signature=base64decode(signature_b64))."}],"merge_version":"pith-open-graph-merge-v1","built_at":"2026-06-08T19:05:46Z","links":{"resolver":"https://pith.science/pith/C7Y65SKZO3J3SZNVCUNISEF3UD","bundle":"https://pith.science/pith/C7Y65SKZO3J3SZNVCUNISEF3UD/bundle.json","state":"https://pith.science/pith/C7Y65SKZO3J3SZNVCUNISEF3UD/state.json","well_known_bundle":"https://pith.science/.well-known/pith/C7Y65SKZO3J3SZNVCUNISEF3UD/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2018:C7Y65SKZO3J3SZNVCUNISEF3UD","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"e9cf527ccf5873a64cfce96e7d5241e828780137b0bdcff071c186da75e26cc8","cross_cats_sorted":["econ.GN","q-fin.EC"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-07-14T08:50:25Z","title_canon_sha256":"06c50c26b8330841fe5bb4262cfbcabdd8bc886a7c1949e345c843f4604d8e5b"},"schema_version":"1.0","source":{"id":"1807.05360","kind":"arxiv","version":5}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1807.05360","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"arxiv_version","alias_value":"1807.05360v5","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1807.05360","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"pith_short_12","alias_value":"C7Y65SKZO3J3","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"pith_short_16","alias_value":"C7Y65SKZO3J3SZNV","created_at":"2026-06-04T19:12:07Z"},{"alias_kind":"pith_short_8","alias_value":"C7Y65SKZ","created_at":"2026-06-04T19:12:07Z"}],"graph_snapshots":[{"event_id":"sha256:f7265ccf9ef8ee433795c549d119234aacf2846e729f8850c90fd88c3eac34aa","target":"graph","created_at":"2026-06-04T19:12:07Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"integrity":{"available":true,"clean":true,"detectors_run":[],"endpoint":"/pith/1807.05360/integrity.json","findings":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938","summary":{"advisory":0,"by_detector":{},"critical":0,"informational":0}},"paper":{"abstract_excerpt":"The recent emergence of cryptocurrencies such as Bitcoin and Ethereum has posed possible alternatives to global payments as well as financial assets around the globe, making investors and financial regulators aware of the importance of modeling them correctly. The Levy's stable distribution is one of the attractive distributions that well describes the fat tails and scaling phenomena in economic systems. In this paper, we show that the behaviors of price fluctuations in emerging cryptocurrency markets can be characterized by a non-Gaussian Levy's stable distribution with $\\alpha \\simeq 1.4$ un","authors_text":"Ken Umeno, Shinji Kakinaka","cross_cats":["econ.GN","q-fin.EC"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-07-14T08:50:25Z","title":"Characterizing Cryptocurrency market with Levy's stable distributions"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1807.05360","kind":"arxiv","version":5},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:74c0458a2f990e1a9d636dc2743b121847273e3ef57c262b8eaafcfd12e1ab1f","target":"record","created_at":"2026-06-04T19:12:07Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"e9cf527ccf5873a64cfce96e7d5241e828780137b0bdcff071c186da75e26cc8","cross_cats_sorted":["econ.GN","q-fin.EC"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-07-14T08:50:25Z","title_canon_sha256":"06c50c26b8330841fe5bb4262cfbcabdd8bc886a7c1949e345c843f4604d8e5b"},"schema_version":"1.0","source":{"id":"1807.05360","kind":"arxiv","version":5}},"canonical_sha256":"17f1eec95976d3b965b5151a8910bba0ebbbc7323c93c44ce389f4cfe8e1216b","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"17f1eec95976d3b965b5151a8910bba0ebbbc7323c93c44ce389f4cfe8e1216b","first_computed_at":"2026-06-04T19:12:07.331010Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-06-04T19:12:07.331010Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"c/o3vouKuDz+BKtl0OimGKjqgsWpVF0zLEwR4B7VO4cYJOXx3icsaWBi8J98PYpnFPIdt7cskn3ZtVxx/uNgBw==","signature_status":"signed_v1","signed_at":"2026-06-04T19:12:07.331511Z","signed_message":"canonical_sha256_bytes"},"source_id":"1807.05360","source_kind":"arxiv","source_version":5}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:74c0458a2f990e1a9d636dc2743b121847273e3ef57c262b8eaafcfd12e1ab1f","sha256:f7265ccf9ef8ee433795c549d119234aacf2846e729f8850c90fd88c3eac34aa"],"state_sha256":"4022eaaccbc3debd1cef3acff80eb47e5d43f4caeb34496bd15eec25875f1a76"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"K6mRWBkn8CpuU4fTkKT0Q+FEpcvw/1DsHQSZpyURuLD1n09oQWCgggWWNfEUonee/MnSs3RXJ3tpUcl7oBDMAA==","signed_message":"bundle_sha256_bytes","signed_at":"2026-06-08T19:05:46.781297Z","bundle_sha256":"87b7db23979ff091d62d00944f47d8197d45f5163164a72e4ac78847cbad7212"}}