{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2018:FOYHKDYMZDU2CQGPD6JRXY7U3A","short_pith_number":"pith:FOYHKDYM","canonical_record":{"source":{"id":"1804.05916","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-04-16T20:00:01Z","cross_cats_sorted":["cs.CE","econ.EM"],"title_canon_sha256":"a489a8082cf35f5547143be3d62bbd061489e5b2a4a19466655b0109e7e5b85d","abstract_canon_sha256":"1d241627ac7452a5de1b293c950c6a18ac9706d237bfd293776de5434c663580"},"schema_version":"1.0"},"canonical_sha256":"2bb0750f0cc8e9a140cf1f931be3f4d815c34cccde9d83c62eaf0e395755ba8a","source":{"kind":"arxiv","id":"1804.05916","version":2},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1804.05916","created_at":"2026-05-18T00:10:21Z"},{"alias_kind":"arxiv_version","alias_value":"1804.05916v2","created_at":"2026-05-18T00:10:21Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1804.05916","created_at":"2026-05-18T00:10:21Z"},{"alias_kind":"pith_short_12","alias_value":"FOYHKDYMZDU2","created_at":"2026-05-18T12:32:25Z"},{"alias_kind":"pith_short_16","alias_value":"FOYHKDYMZDU2CQGP","created_at":"2026-05-18T12:32:25Z"},{"alias_kind":"pith_short_8","alias_value":"FOYHKDYM","created_at":"2026-05-18T12:32:25Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2018:FOYHKDYMZDU2CQGPD6JRXY7U3A","target":"record","payload":{"canonical_record":{"source":{"id":"1804.05916","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-04-16T20:00:01Z","cross_cats_sorted":["cs.CE","econ.EM"],"title_canon_sha256":"a489a8082cf35f5547143be3d62bbd061489e5b2a4a19466655b0109e7e5b85d","abstract_canon_sha256":"1d241627ac7452a5de1b293c950c6a18ac9706d237bfd293776de5434c663580"},"schema_version":"1.0"},"canonical_sha256":"2bb0750f0cc8e9a140cf1f931be3f4d815c34cccde9d83c62eaf0e395755ba8a","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T00:10:21.859769Z","signature_b64":"cJ0tMzEb02SpXDuBohJqFXFGi+Jx6dJjXOcbmfMrCelqtNxNFW/9ItM3hoTiUlOAREuENTfIMS/THkJjhkHoDg==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"2bb0750f0cc8e9a140cf1f931be3f4d815c34cccde9d83c62eaf0e395755ba8a","last_reissued_at":"2026-05-18T00:10:21.859135Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T00:10:21.859135Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"1804.05916","source_version":2,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T00:10:21Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"nNUUukDJ6mql9V8QoJUaEyJjTRxrOJZSN7LmLQFR7K9iI/jZlCCZ0aNYpVjaJj00dk/w4uQCee1Dvil5xVaKCw==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-05-27T10:39:12.330957Z"},"content_sha256":"fb1d16c4661504983bee709c5af278d33ecd8e68cdeaf843656051dd7d6bef73","schema_version":"1.0","event_id":"sha256:fb1d16c4661504983bee709c5af278d33ecd8e68cdeaf843656051dd7d6bef73"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2018:FOYHKDYMZDU2CQGPD6JRXY7U3A","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"Bitcoin market route to maturity? Evidence from return fluctuations, temporal correlations and multiscaling effects","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["cs.CE","econ.EM"],"primary_cat":"q-fin.ST","authors_text":"Ludovico Minati, Marcin W\\k{a}torek, Pawe{\\l} O\\'swi\\k{e}cimka, Robert G\\k{e}barowski, Stanis{\\l}aw Dro\\.zd\\.z","submitted_at":"2018-04-16T20:00:01Z","abstract_excerpt":"Based on 1-minute price changes recorded since year 2012, the fluctuation properties of the rapidly-emerging Bitcoin (BTC) market are assessed over chosen sub-periods, in terms of return distributions, volatility autocorrelation, Hurst exponents and multiscaling effects. The findings are compared to the stylized facts of mature world markets. While early trading was affected by system-specific irregularities, it is found that over the months preceding Apr 2018 all these statistical indicators approach the features hallmarking maturity. This can be taken as an indication that the Bitcoin market"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1804.05916","kind":"arxiv","version":2},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"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":"2026-05-18T00:10:21Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"90AFEufYFMsKGCFpVO8VVwuUuwN+gSrBCaWmgUyc1x/Kx5ZVjRnG7UKfP6cjmBWv+uGwh8on04uoQ8YKZYC7AA==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-05-27T10:39:12.331652Z"},"content_sha256":"6f92bbdc7702de51b493ae9f09abc417fbbfd18b63f2b31fbb7ce004c3c4e85a","schema_version":"1.0","event_id":"sha256:6f92bbdc7702de51b493ae9f09abc417fbbfd18b63f2b31fbb7ce004c3c4e85a"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A/bundle.json","state_url":"https://pith.science/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A/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":"2026-05-27T10:39:12Z","links":{"resolver":"https://pith.science/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A","bundle":"https://pith.science/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A/bundle.json","state":"https://pith.science/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A/state.json","well_known_bundle":"https://pith.science/.well-known/pith/FOYHKDYMZDU2CQGPD6JRXY7U3A/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2018:FOYHKDYMZDU2CQGPD6JRXY7U3A","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":"1d241627ac7452a5de1b293c950c6a18ac9706d237bfd293776de5434c663580","cross_cats_sorted":["cs.CE","econ.EM"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-04-16T20:00:01Z","title_canon_sha256":"a489a8082cf35f5547143be3d62bbd061489e5b2a4a19466655b0109e7e5b85d"},"schema_version":"1.0","source":{"id":"1804.05916","kind":"arxiv","version":2}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1804.05916","created_at":"2026-05-18T00:10:21Z"},{"alias_kind":"arxiv_version","alias_value":"1804.05916v2","created_at":"2026-05-18T00:10:21Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1804.05916","created_at":"2026-05-18T00:10:21Z"},{"alias_kind":"pith_short_12","alias_value":"FOYHKDYMZDU2","created_at":"2026-05-18T12:32:25Z"},{"alias_kind":"pith_short_16","alias_value":"FOYHKDYMZDU2CQGP","created_at":"2026-05-18T12:32:25Z"},{"alias_kind":"pith_short_8","alias_value":"FOYHKDYM","created_at":"2026-05-18T12:32:25Z"}],"graph_snapshots":[{"event_id":"sha256:6f92bbdc7702de51b493ae9f09abc417fbbfd18b63f2b31fbb7ce004c3c4e85a","target":"graph","created_at":"2026-05-18T00:10:21Z","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"},"paper":{"abstract_excerpt":"Based on 1-minute price changes recorded since year 2012, the fluctuation properties of the rapidly-emerging Bitcoin (BTC) market are assessed over chosen sub-periods, in terms of return distributions, volatility autocorrelation, Hurst exponents and multiscaling effects. The findings are compared to the stylized facts of mature world markets. While early trading was affected by system-specific irregularities, it is found that over the months preceding Apr 2018 all these statistical indicators approach the features hallmarking maturity. This can be taken as an indication that the Bitcoin market","authors_text":"Ludovico Minati, Marcin W\\k{a}torek, Pawe{\\l} O\\'swi\\k{e}cimka, Robert G\\k{e}barowski, Stanis{\\l}aw Dro\\.zd\\.z","cross_cats":["cs.CE","econ.EM"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-04-16T20:00:01Z","title":"Bitcoin market route to maturity? Evidence from return fluctuations, temporal correlations and multiscaling effects"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1804.05916","kind":"arxiv","version":2},"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:fb1d16c4661504983bee709c5af278d33ecd8e68cdeaf843656051dd7d6bef73","target":"record","created_at":"2026-05-18T00:10:21Z","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":"1d241627ac7452a5de1b293c950c6a18ac9706d237bfd293776de5434c663580","cross_cats_sorted":["cs.CE","econ.EM"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.ST","submitted_at":"2018-04-16T20:00:01Z","title_canon_sha256":"a489a8082cf35f5547143be3d62bbd061489e5b2a4a19466655b0109e7e5b85d"},"schema_version":"1.0","source":{"id":"1804.05916","kind":"arxiv","version":2}},"canonical_sha256":"2bb0750f0cc8e9a140cf1f931be3f4d815c34cccde9d83c62eaf0e395755ba8a","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"2bb0750f0cc8e9a140cf1f931be3f4d815c34cccde9d83c62eaf0e395755ba8a","first_computed_at":"2026-05-18T00:10:21.859135Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T00:10:21.859135Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"cJ0tMzEb02SpXDuBohJqFXFGi+Jx6dJjXOcbmfMrCelqtNxNFW/9ItM3hoTiUlOAREuENTfIMS/THkJjhkHoDg==","signature_status":"signed_v1","signed_at":"2026-05-18T00:10:21.859769Z","signed_message":"canonical_sha256_bytes"},"source_id":"1804.05916","source_kind":"arxiv","source_version":2}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:fb1d16c4661504983bee709c5af278d33ecd8e68cdeaf843656051dd7d6bef73","sha256:6f92bbdc7702de51b493ae9f09abc417fbbfd18b63f2b31fbb7ce004c3c4e85a"],"state_sha256":"dcff4b8f145dd8c62e18fe1a70a45d1306e0b6be43f3a44070f18bbebbf61fac"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"NMtfLs6UHtYnHwYio9Xt9NrMSR1HNf8rmOIqLF5Qb+9St+FUe+JFEvJIITZpa4/tRvP3hI4DIJZC6QUWQZsPCw==","signed_message":"bundle_sha256_bytes","signed_at":"2026-05-27T10:39:12.335840Z","bundle_sha256":"ca3ab0bfcd83acea9e1444e9a524f8689805dd45247dae41a32b0401b22d3cbb"}}