Ethereum Is Scaling Fast
The combination of higher transaction throughput and lower gas fees suggests that Ethereum's scalability upgrades are working as intended.
The combination of higher transaction throughput and lower gas fees suggests that Ethereum's scalability upgrades are working as intended.
Bitcoin’s ByteTrend Score remains zero, after a severe fall in recent days. This move has been linked to the general malaise in tech stocks, which makes sense to me.
Bitcoin’s ByteTrend Score is back to a 2. It is positive that the price is trying to stabilise and has not breached the April low.
Bitcoin’s ByteTrend Score drops to 0., which means the trend is now bearish. The $100k level has been broken, and a bear market fits the four-year cycle thesis.
This has been the most disappointing October since the bear market of 2014, which saw a 12% drop. The uptrend is under threat.
This token takeaway takes a closer look at Aave’s ecosystem, its unique positioning as a decentralised alternative to traditional finance, and the role of its native token, AAVE.