Realtime monitoring of Bitcoin prices on several Cryptocurrency markets using Web API, Telegram Bot, MySQL Database, and PHP-Cronjob

Abstract

Various ways have been done by researchers from all over the world to predict the price of Bitcoin which is the first digital commodity based on blockchain. Various forecasting and computational techniques have been widely applied and continue to be refined to find a prediction package that has the closest accuracy. The purpose of this research is to test hundreds of API data shared by hundreds of Cryptocurrency Markets and as a result we have succeeded in extracting the latest bitcoin price data from 20 Crypto Markets via shared APIs. This data will then be stored in a MySQL database on hosting automatically when a condition is reached. This data can then be mined continuously using Cronjob, and to facilitate the reading of data that has been collected, we use a telegram bot as well as using a web-based application. This step is expected to help in efforts to monitor bitcoin price movements and predict future price movements.