#CorrelateThis - The Neural Activity of Mice Indicates Cryptocurrency Price Fluctuations

Written by dankhomenko | Published 2021/05/29
Tech Story Tags: cryptocurrency | research | crypto | crypto-correlations | correlation | data | statistics | cryptocurrency-news

TLDR Neurobiologist Gvido Mayer found that 70% of neurons correlated with Bitcoin and Ether prices. The results were caused by “pointless correlations” - with the correlation between two signals that develop slowly over time, the chances of finding a significant correlation between them are much higher than those that do not. Only 4.9% were correlated to a random number vector, close to a false positive effect, which is within the expected level of error. The neurons in the brains of mice, of course, couldn’t encode it.via the TL;DR App

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Written by dankhomenko | Co-founder & CEO at Sidus Heroes. International entrepreneur with a global vision for innovation.
Published by HackerNoon on 2021/05/29