← All Programmes
Programme III

Crypto Microstructure

Empirical validation of friction dynamics in cryptocurrency markets. Why do infrastructure failures move markets more than regulatory announcements? The enforcement capacity hypothesis.

5 papers
1 December 2025 In Peer Review

Infrastructure vs Regulatory Shocks: Asymmetric Volatility Response in Cryptocurrency Markets

Murad Farzulla
1 December 2025 Preprint

Sentiment Without Structure

Differential Liquidity Response to Infrastructure vs Regulatory Events in Cryptocurrency Markets

Murad Farzulla
1 December 2025 Preprint

Do Whitepaper Claims Predict Market Behavior? Evidence from Cryptocurrency Factor Analysis

Murad Farzulla
1 December 2025 Preprint

ASRI: An Aggregated Systemic Risk Index for Cryptocurrency Markets

Murad Farzulla, Andrew Maksakov
1 December 2025 Working Paper

Multi-Scale Sentiment and Market Microstructure: An Agent-Based Framework for Cryptocurrency Markets

Murad Farzulla