The Rise of the CryptoCurrency

Bitcoin is about to make another credibility step forwards with the recent announcement that the New York Stock Exchange will provide a NYSE Bitcoin Index (NYXBT) offering sight into the U.S. dollar value of one bitcoin.  It will be interesting to see if NYXBT causes an uptick in interest around blockchain/bitcoin from software engineer in the finance vertical who have historical not had an interest in the peer-to-peer platform.

The main are of interest from my perspective is the algo trading opportunities.  There are a number of entry points to algo trading:

  • Custom build – Wild Bunny has a two part posting on algo trading using a few Chinese exchanges.  A few bot’s are listed here, including ga-bitbot.  Obviously your going to need historical bitcoin data, with one solution being CryptoIQXChange is a Java library providing a simple and consistent API for interacting with 30+ Bitcoin exchanges providing a consistent interface for trading and accessing market data.  bitcoinj is a Java library offering a wallet, send/receive transactions without needing a local copy of Bitcoin Core and has many other advanced features.  Of possibly most interest if you are a JavaScript developer, bitcore.
  • Cloud platform – tradewave and Cryptotrader.

Other reading that may aid – blockchain programming.  Clearly the blockchain is core, with Blockchain explorer offering some useful insight.


~ by mdavey on May 21, 2015.

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