Synthetic data in cryptocurrencies using generative models
This study addresses the challenge posed by limited access to real-world financial data due to privacy constraints and access barriers, which hinders research in the cryptocurrency domain. To overcome this, the authors propose a synthetic data generation method based on conditional generative adversarial networks (CGANs), employing an LSTM-based generator and an MLP-based discriminator. The approach effectively preserves key market trends and dynamic statistical properties while substantially reducing computational overhead. Experimental results demonstrate that the generated data successfully replicates critical temporal patterns across multiple crypto-assets and outperforms existing sophisticated generative models in downstream tasks such as market behavior analysis and anomaly detection. This work thus offers an efficient and viable alternative for financial modeling in privacy-sensitive scenarios.