ETHEUR
Ethereum / Euro
crypto Composite

Yes do NOT use anything centralized options, its dumb as you can do it in fully decentralized ways. Just use a DEX aggregator like [https://switcher.finance/](https://switcher.finance/) select ETH -> SOL it takes 2 seconds and 0% slippage

even I uses this platform for exchanging crypto from BTC to ETH

Ethereum DATs earn a yield on their ETH for being validators of the Ethereum blockchain. Bitmine's cost to pay out preferred dividends is only around 10% of what they are earning yearly from their validation yield.
Bitmine will never need to sell ETH to fund their preferred stock dividends.
Bitmine's goal is to own 5% of ETH. They have 4.8% as of last Monday. After that their goal is to expand their investments into the Ethereum ecosystem.
Bitmine also owns one of the largest 3rd party proof of stake (i.e. POS) validator networks in the world. This is a large and profitable business. They don't just validate Ethereum but also other POS chains like Solana and for doing that they generally earn 10% of whatever yield they validate for people (10% is the industry standard).
The other large Ethereum DATs either have no debt, including preferred stocks, or they have another business they run in addition to being an ETH DAT. So, Sharplink (SBET) has no debt. Another example, Bit Digital (BTBT), owns 70% of an AI data center company.
So, ETH DATs do not have the same issues as MSTR.

I used ETH to book my Uber from the airport after my card was denied once more.

10 years is wild lol. the real test would be whether people still want the lock when ETH is down 70% and they’ve convinced themselves selling is actually “risk management”
interesting idea though. feels less like a vault and more like putting your future self in a smart contract prison 😅

BTC and ETH are still the safest long-term bets in my opinion. Beyond those, I'd only allocate a small percentage to projects with real adoption and active development, like SOL or LINK. For a 10+ year horizon, survivability matters more than chasing the next 100x.

ETH ETF +$70m, BTC ETF -$85m

hmm

That's a classic advance-fee scam. If a platform asks you to deposit 3 ETH before you can withdraw your own ETH, walk away. Don't send them anything.

Been tracking the treasury-company situation and this week feels like a real inflection, so I wanted to lay out the data and get other reads. Not a price call, more a "know what's actually holding the bid up" post.
The setup:
\- Spot BTC ETFs have bled \~$5.5B in net withdrawals YTD. What's kept overall crypto flows positive is corporate treasury buying, and Bernstein says it's been driven "particularly \[by\] Strategy" (ex-MicroStrategy).
\- The treasury trade worked as a flywheel: MSTR traded at a premium to its BTC (mNAV > 1), so it could issue equity and preferred above the value of its coins, buy more BTC, and repeat. Premium in, Bitcoin out.
What changed this week:
\- On June 27, Strategy's mNAV fell below 1 for the first time. The market is now valuing the company at less than the Bitcoin it holds, so the accretive-issuance flywheel basically stops working.
\- On June 29, Strategy announced a "BTC Monetization Program" authorizing the sale of up to $1.25B in Bitcoin, after four years of Saylor saying they'd never sell.
\- Last week they sold 3,588 BTC (\~$216M) at \~$60k to fund preferred dividends, using \~17% of that authorization in under a week. MSTR is down \~75% YoY and, at \~$60k, the company is underwater on its \~$75.5k average cost basis. Peter Schiff called it: "Strategy is now a Bitcoin seller."
\- It's broader than Strategy: Adam Back's BSTR scrapped its SPAC this week after failing to raise $1.5B, and Bitmine (an ETH treasury) is down 46% YTD. The cheap capital behind the "infinite corporate demand" narrative is drying up.
Why I think it matters: this is textbook reflexivity. The same structure that amplified the move up (premium leads to issuance leads to buying leads to bigger premium) runs in reverse on the way down (premium collapses, can't raise cheaply, forced to sell the asset to service the leverage). The "permanent corporate demand" a lot of people priced in was really just conditional on cheap capital and a stock premium.
Honest caveats, because I don't want to overstate it:
\- This is not 2022. No exchange has failed, no major stablecoin has depegged. The stress is financial/structural, not a crypto-native blowup.
\- It's not universal. Tom Lee's Bitmine is still aggressively accumulating ETH (targeting 5% of supply), so not every treasury is capitulating.
\- A regulatory framework like the CLARITY Act could change the capital math again.
\- These are still small sales against Strategy's \~844k BTC. This is a model under stress, not a forced liquidation (yet).
Genuinely curious how people here see it:
\- Does mNAV < 1 for the biggest treasury change your view on how much of this cycle's "demand" was real vs leveraged?
\- If treasury buying fades, what's the actual marginal buyer underneath? Is there a real spot/user bid, or is it ETFs and treasuries all the way down?
\- Are the ETH treasuries (Bitmine et al.) the next domino, or a different animal?
Sources: Bernstein (treasury-driven flows), TheStreet/CoinDesk/Fortune/KuCoin (Strategy mNAV, $1.25B program, 3,588 BTC sale), 24/7 Wall St (MSTR -75%, Bitmine -46%), Benzinga (BSTR SPAC scrapped), all late June to July 8, 2026.

Yes do NOT use anything centralized options, its dumb as you can do it in fully decentralized ways.
Just use a DEX aggregator like https://switcher.finance/ select ETH -> SOL it takes 2 seconds and 0% slippage

Yh I only have one shitcoin position remaining (mostly because it's liquidity is dead and I can really be assed to deal with it now). Remaining portfolio is just 90% BTC and 10% ETH. A very tiny amount of shitcoins will pump, but it's very unlikely you manage to pick those ones.

No I won’t recommend things I’m not sure of. BTC and ETH are my only conviction plays. The rest, make sure you look at the use case, developer adoption (who’s building on it), TVL (total value locked) but be careful this is more a metric around DeFi, and tokenomics. Also check whether it’s growing or dying - not by price but by activity. Developers, Dapps, unique wallets, unique wallets, etc. Just steer clear of all memecoins as they literally have no utility. Only the big ones like DOGE if you must, since it’s been around long enough and has at least ongoing transactions and activity. Otherwise consider that pure gambling if you’re playing down that end.

> Blocking a strait... does not make a useful network less useful.
I think it does? The network is a tool for sharing and organizing information, particularly financial assets. This allows us to create actual physical stuff and get it to the person who wants to consume it more efficiently. If there was no physical stuff, there would be nothing worth tracking. If there is less than there would otherwise be, because some of what the world needs to make stuff is physically unable to move, there is less value to track and ETH is worth less.

Tax optimization would be if you have multiple validators, say named A,B,C, each treated as a distinct "wallet" with their own cost basis records. Let's say you want to liquidate one to use as a down payment for a house, via moving to an empty wallet and then to an exchange with another empty wallet, and the current price is $1750 so a validator is worth $56k if sold today.
You could choose to liquidate validator A with a cost basis of 32k (ETH acquired on average at 1k each), or validator B with a cost basis of 50k on average (sort of close to current price), or validator C with a cost basis of 128k (4k each). Now pretend it is a low wage year (i.e. unemployed) and you sell validator A, for 24k in profit, then it would all be tax free at the federal level if long term capital gains (0% if total income is less than $49,450). Alternatively, let's say you made a ton of money this year selling tech stock, then sell validator C for a loss of 72k to offset the taxes on other longterm capital gains.

Price can lag for a while but it is hard to ignore more people still locking up ETH despite all the noise

ETH

It will. BTC has no roadmap for quantum resistance, and this will probably be priced in the following years. While it is highly relevant on ETH roadmap.
This event is coming. People just have to learn to zoom out.

Anyone else following the BIP-110 nonsense on Bitcoin? I find it pretty funny they are all tying themselves up in "knots" over allowing ordinals data etc in Bitcoin blocks. It's basically all over allowing data in Bitcoin blocks that well, is no problem at all on ETH. It's so inefficient to try and do that shit on Bitcoin when we have NFTs and more over here but here we are.
It's really pointed out to me how much more diverse Ethereum clients are with so many more developers on Eth compared to Bitcoin Core and the few competing clients. Looking forward to dumping the resulting forked tokens if we can when the knots stuff fails and being safe in the knowledge we don't have to worry about that drama here.

That is the exact reason why I haven't begun development. The plan as of now is to make growth follow the revenue rather than to outpace it. If usage on a given chain starts costing more than what the donations bring in, I'd throttle or cap before adding more networks rather than expect blind and hope donations catch up. Worst is that it stays smaller and slower-growing than I'd like, but it doesn't go bankrupt from its own popularity.

For BTC/ETH, running your own node isn't too expensive. I ran some estimates on bitcoind and an eth validator, and I estimate around $100-$150 per month on cloud compute on Hetzner. That works out to be around $5 a day, which I think could be manageable over donations.

**ETH Daily - 8th July 2026**
* Privacy Pools V2 [trusted setup](https://x.com/0xprivacypools/status/2074928232533483720).
* Staked GHO [migration tool](https://x.com/aave/status/2074907066221604946).
* Zapper [winds down](https://x.com/sebaudet26/status/2074918469376856150).
* Arbitrum [supports](https://blog.arbitrum.io/x402-and-mpp-for-agentic-finance-on-arbitrum/) x402 and MPP.
* TOSS [builds on](https://x.com/jinglejamOP/status/2074876726757179856) OP Stack.
* Lighter [live](https://x.com/VietnamPenguin/status/2074906853893455946) on Robinhood Chain.
* Lighter latency [engineering](https://x.com/Lighter_xyz/status/2074905536122789917).
* Robinhood Chain [on](https://x.com/RobinhoodCrypto/status/2074911070884389053) Robinhood Wallet.
* The Interfold [CCA on](https://x.com/theInterfold/status/2074858114055012575) Uniswap.
* Privy [launches](https://x.com/privy_io/status/2074524181799293301) fiat onramps.
* Paradigm’s [4th fund](https://x.com/matthuang/status/2074873573983035801).
Read more: [https://ethdaily.io/985](https://ethdaily.io/985)