Tag: updated

How the Updated MVRV Z-Score Improves Bitcoin Price Predictions

coiner

The Bitcoin MVRV Z-Score has historically been one of the most effective tools for identifying market cycle tops and bottoms in Bitcoin. Today, we’re excited to share an enhancement to this metric that makes it even more insightful for today’s dynamic market conditions. What Is the Bitcoin MVRV Z-Score? The MVRV Z-Score is derived by analyzing the ratio between Bitcoin’s realized cap (the average acquisition cost of all Bitcoin in circulation) and its market cap (current network valuation). By standardizing this ratio using Bitcoin’s price volatility (measured as the standard…

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Ethereum’s Beacon Chain updated after finality issues

coiner

Ethereum core developers rolled out patches for Prysm Labs and Teku clients in response to two Beacon Chain finality issues in 24 hours. The Beacon Chain serves as the consensus layer for the Ethereum network.  On May 11, Ethereum developers reported that the Beacon Chain was experiencing problems confirming transactions. Although new blocks could be proposed, an unknown issue prevented their finalization. The outage lasted around 25 minutes. A similar issue occurred on May 12, preventing block finalization for over an hour. Finality was unable to be reached for three…

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