Multidisciplinary Journal of Science and Technology

Relationship between Bitcoin dynamics and energy futures quotes as a possible tool of choice for the implementation of startups

Oleg Vasiurenko

Department of Cybersecurity, IT and Economics, Kyiv University of Intellectual Property and Law, Kyiv, Ukraine

Oleksandr Bilotserkivskyi

Department of Business, Trade and Logistics, National Technical University «Kharkiv Polytechnic Institute», Ukraine

Yevhen Zastola

Department of Business, Trade and Logistics, National Technical University «Kharkiv Polytechnic Institute», Ukraine

Keywords: Comparison, Tool, Analysis, Quotes, Bitcoin, Startup, Dynamics, Futures, Securities Market, Source of Funding

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Abstract

Startups are a new form of implementing various business ideas. This form of business organization allows you to quickly and efficiently find the necessary solutions for a number of different problems and implement business ideas in the shortest possible time. However, this is a risky business that requires significant financial resources. One source of such resources may be the stock market. The cryptocurrency market and the energy market attract particular attention in this matter. Therefore, it is important to know the best times to enter these markets. Moreover, such markets can be potential consumers of startup services. Based on this, analyzing the relationship between Bitcoin dynamics and energy futures quotes is a promising area of research. The paper presents the dynamics of quotes for Bitcoin and energy futures. An analysis of their mutual dynamics is carried out. The results are presented in the form of separate graphs and diagrams. This helps to understand the progress of this study.

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