ETHEUR
Ethereum / Euro
crypto Composite

The Doots Weekly ^
The [Trinity](https://www.reddit.com/r/ethereum/s/BbcS8sp3Pi)
The [Haiku](https://www.reddit.com/r/ethereum/s/8piOOsll8O)
The [Eternal](https://www.reddit.com/r/ethereum/s/h4cR8ilScV)
The [Shit](https://www.reddit.com/r/ethereum/s/lWOHr99GlP)
u/nonetherless325 asks about the necessity of tokens in [successful DeFi protocols](https://www.reddit.com/r/ethereum/s/FxQBPxnvly)
u/edmundedgar is impressed by [how developed .gwei domains are](https://www.reddit.com/r/ethereum/s/JisghORE8F)
u/masterRoshi9 discusses the [ETH issuance debate](https://www.reddit.com/r/ethereum/s/ZniHv5yRhB) and gets a bunch of good replies
u/Elendron looks at the [near-term macro outlook](https://www.reddit.com/r/ethereum/s/vwGrCqvVE6)
u/masterRoshi9 finds an interesting [on-chain experiment on MegaETH](https://www.reddit.com/r/ethereum/s/JGD5aHfkdd)
u/alexiskef shares the latest [efforts at preserving cryptopunks' permanence](https://www.reddit.com/r/ethereum/s/RbfJhY8qix)
u/haochizzle reports on what [community figures think we will build out of this bear market](https://www.reddit.com/r/ethereum/s/7XJgYDMB6B)

In the spirit of fun things to do on chain, Heres another new-ish fun thing I’ve been using a lot: app.rysk.finance
It gives users an intuitive way to underwrite options. Very simple interface and has been my favorites way to DCA into ETH at a price I want.
If you use the Earn -> “cash covered put” product, you can choose between a variety of assets, and expiry dates from a week out, to a few months. It asks you to simply (1) put up stables, and (2) tell it “at what price are you willing to buy ETH at”, and (3) how long are you willing to lock your capital (expiry date)
You select those , earn an up-front yield in stables, and escrow your stables until the strike. If the price of ETH hits your strike point on that date, then your capital buys ETH at that price. If not, you get your stables back. In either case you earn the premium as yield in stables up front. Very cool

Time to sit back and watch what happens to ETH when it repeatedly fails to overcome a resistance.

https://x.com/ProDJKC/status/2083194304290341001
Coming up at 11ET we're gonna party like it's 1878. The price of ETH currently. And a fun fact, I'm going on a canoe trip tomorrow so just like the ETH price, I'll be drifting slowly with a beer in my hand.
11AM ET on X, Twitch, YouTube and more! dailydoots.com

That doesn’t really follow. BTC and ETH have different fundamentals and purposes.
Bitcoin depends heavily on people treating it as scarce digital money or a store of value. Ethereum does not need that same belief to succeed. ETH is primarily the asset used to operate and secure a programmable blockchain network.
People can still choose to treat ETH as a store of value, but its usefulness does not depend on it. A blockchain can be successful because people use the network, even if its native currency is not constantly gaining price actions.

If ETH isn't, then BTC isn't, and most crypto theses fall apart.

It’s happened before. There was a service that generated custom ETH addresses, and their clients got drained for the same reason. Even after the bug was discovered and announced.

This is why I also hold QRL along with my BTC and ETH.

Worth knowing before you plan a big one: "accepts Bitcoin" and "accepts your Bitcoin" are not the same claim, and the gap is almost never disclosed on the product page.

Sotheby's is the clearest example. They do take BTC, ETH and USDC, but only on lots specifically designated for it, and their own bidder guidance states payment has to arrive from one of five named custodial exchange wallets (Coinbase Custody Trust, Coinbase Inc., Fidelity Digital Assets, Gemini Trust, Paxos Trust), from a single wallet, after photo ID is on file. A payment from your own hardware wallet is refused. So the person most likely to be bidding is the one who can't pay.

TAG Heuer is the opposite shape: they will take self-custodied crypto through BitPay on the online boutique, but their US terms cap the whole purchase at USD 10,000, which isn't mentioned anywhere near the products.

Pavilions Hotels publishes a proper crypto page covering 28 assets, and then excludes its Bali and Phuket properties from it. Two of the best known hotels in the group, carved out of the group's own policy.

None of that is a rail limitation, incidentally. BitPay's own terms say plainly that it has no access to or control over crypto in your wallet and doesn't provide custody. Where a merchant demands a named custodian, that is the merchant's own source-of-funds policy, not the processor's.

Practical version: for anything meaningful, read the merchant's actual terms page rather than the "we accept Bitcoin" badge, and ask which wallet before you commit. The constraint clusters at auction houses and banks, the places with the heaviest source-of-funds duty, and is rare at dealers and hotels.

We are either in a long crypto winter, which some see as a time to buy. I have been in crypto a long time, and this is definitely a bad one. When it ends, whether that be another huge rush to come or another downslide is anyone's guess. If you are firm believer, it is your money, and I would say the best bets (literally, because that is what this is) are likely BTC and ETH... maybe SOL. However, I would recommend finding a solid company and investing in its stock right now over crypto. Just my opinion, though. 
Again, anyone's guess, and it is possible 
I look back at this comment I left and say to myself, "Wow, should have bought some crypto at that time." It is also possible I look back at my comment to this thread and say to myself, "Wow, so glad I didn't jump back in."

Do you understand the fundamentals of ETH? ETH as a currency is basically a tool. You can use it or you can not. Sure you can be lucky holding it, but it is not a store of value.

I sat on ETH (and others) for over 5 years, losing over 60% of my money. To make matters worse, had to pay a few hundred dollars in fees which was a total rip off. I also held ADA and had to create a new wallet (with the SecondFi hack] and move money around and it was all a nightmare, being on pins and needles wondering if I had made a mistake somewhere and lost my money.
I believed in crypto early and put a decent amount of money in it only to now conclude it's all a dying scam. It will never become mainstream. Good luck but I would invest that money in SpaceX or an S&P fund and hold real assets.

I would add ETH to that big if as well. Better utility than BTC, but yes, BTC could continue to be a sort of "digital gold."

For me it’s the opportunity cost of holding ETH instead of deploying that capital into something else that is more certain to go up.

Can't disagree with anything. Maybe we will see a huge move in ETH; maybe not. Nobody knows. Besides the Clarity Act I think it depends on the whole tokenization thing. Is it really going to happen or just nonsense? For me it's hard to say for sure, so I am exposed, but not so much.

This was my first cycle so i didn't understand only when to take profit but one good thing i did is DCA and right now i am staking BTC , ETH , SOL and in alts i am staking REKT and CHECK tokens .

Does it mean there are more buyers for ETH ETFs and BTC token than BTC ETFs and ETH token

Etherum & ETH are 2 different things. Stack sats stay humble :)

20% of my portfolio is crypto, with 12% in BTC and 8% in ETH. The rest is in traditional assets like index ETFs, short-term treasuries, bond funds, and a gold ETF position. I recently noticed XAUT on my crypto exchanges like bydfi and coinbase and started wondering if it makes sense to move my current gold ETF exposure there.
The idea is about keeping part of the hedge inside the crypto position. If BTC and ETH move a lot, having gold exposure in the same place could make rebalancing easier. It also feels more convenient than moving money between a brokerage, bank account, and exchange every time I want to adjust the allocation.
But I am not sure if the convenience is actually worth it.
Has anyone switched GLD/IAU or another traditional gold ETF to XAUT? Any better experience or risks you could share?

ETH ETFs are pulling ahead of BTC ETFs on institutional money right now