ETHEUR
Ethereum / Euro
crypto Composite

My Wyckoff prediction at the $1,500 level is starting to pay off. If ETH can reclaim $2,500 and flip it into support, I believe it could signal the beginning of a new bull market.
The $2,500 level also aligns closely with the 200-week SMA, making it a significant technical threshold. A short squeeze could provide the additional volume and momentum needed to strengthen the rally and confirm that the bull market is back.

Yeah probably gonna have a decent correction into October as the cycle calls for but my ETH buys are happy nonetheless.

Basically, tokenized stocks put assets like Apple, Nvidia or Tesla onto blockchain rails.
That means instead of stocks only living inside a brokerage and trading during market hours, they can potentially be held in a crypto wallet, traded 24/7, swapped directly into BTC/ETH/stablecoins, or even used as collateral in DeFi.
The bigger idea is that crypto stops being a separate little financial world. If stocks, treasuries and other real-world assets start moving onchain, you’re bringing a massive amount of new money and liquidity into the same ecosystem crypto already uses.
It just makes a lot of sense and the RWA/tokenized stock volume on robinhood chain, hyperliquid, etc..is already booming with little users compared to traditional markets.
There's even people launching memecoins and pairing them with stocks so the token is memecoin/NVDA instead of memecoin/ETH for example. And you earn NVDA for holding the coin. It's pretty incredible.

Something I keep thinking about lately is how different this cycle could get if tokenized stocks/RWAs actually take off. Which it seems like they already are tbh.
Previous bull runs were mostly crypto money chasing crypto assets. New people came in, bought BTC/ETH/alts/memecoins, money rotated around, and eventually left just like every other time.
Tokenized stocks potentially change that because now you're bringing an entirely different pool of assets onto the same rails.
Imagine someone holding NVDA or TSLA onchain, being able to trade it 24/7, swap it into BTC, borrow against it, use it as collateral, or move between stocks, stablecoins and crypto without ever leaving their wallet.
That's a much bigger deal than just "stocks onchain."
Tokenized equities are still tiny right now in the grand scheme of things, but they're growing quickly and major exchanges/financial institutions are clearly moving in this direction. The interesting part to me is what happens if even a small percentage of the traditional stock market starts moving onchain.
Suddenly crypto isn't its own isolated market anymore. It's infrastructure for stocks, treasuries, commodities, crypto and eventually probably a lot more.
Obviously that doesn't mean tokenized stocks automatically make BTC or alts pump. But I do think bringing trillions of dollars of traditional assets closer to crypto liquidity could create a much larger ecosystem than we've ever had in a previous cycle.
Curious if anyone else thinks RWAs could be the thing that makes this bull run fundamentally different, or if you think the impact on actual crypto prices is being overstated?
Either way, this time just actually feels different imo.

🌍 **Macro**
Long-end U.S. Treasury yields rebounded, with the 10Y around 4.70% and 30Y around 5.25%, while Brent crude climbed to $93.78 amid renewed U.S.-Iran tensions. U.S. equities weakened, but BTC continued rallying despite the worsening macro backdrop, showing stronger underlying risk appetite.
⸻
📈 **Market Snapshot**
• BTC: $73,022.70 (+5.31%)
• ETH: $2,327.02 (+3.27%)
• NASDAQ: 26,067.17 (-1.00%)
• S&P 500: 7,641.16 (-0.86%)
• F&G: 72 (Greed)
⸻
🧠 **Market Take**
BTC extended its breakout above $70K and briefly pushed above $75K, reaching a near three-month high. Unlike the previous day, the rally continued even as Treasury yields rebounded and U.S. equities fell, suggesting that buying momentum is no longer driven purely by short covering.
Spot ETF flows are also strengthening, with BTC ETFs recording around $517M in net inflows on Aug. 19 and ETH ETFs around $189M, marking a third consecutive day of net inflows.
Key levels:
* **Resistance:** $74K–$75K
* **Support:** $70K–$71K
* **Trend:** Breakout with strengthening spot demand
BTC is now entering a confirmation phase. Holding above $70K would strengthen the breakout, while a sharp move back below $70K could trigger profit-taking after the rapid rally.
⸻
🔥 **Hot Tokens**
* **ONG:** \+120%+ after Ontology’s mainnet upgrade lowered barriers for Ethereum application migration and smart-contract execution
* **ENA:** \+27% after Ethena partnered with FalconX on a $1B secured lending program for USDe
* **XRP:** \+15% as Ripple, Clearpool and Cicada Partners advanced institutional credit infrastructure on XRPL
* **OP:** \+10% after Optimism redirected $49M in OP tokens into its Strategic Ecosystem Fund
* **TRUMP:** \+25% as Trump-related Meme narratives returned alongside the broader crypto rally
⸻
📰 **Key Updates**
* **ICE:** NYSE parent is considering further investment in Polymarket, having already invested more than $1.6B
* **CFTC:** Closed enforcement proceedings against FTX co-founders Caroline Ellison and Gary Wang; both remain subject to long-term trading bans
* **Franklin Templeton:** Received SEC clearance to introduce tokenized assets into traditional investment funds
* **X:** Exploring USDC and other stablecoins for creator payments
* **World Liberty Financial:** Launched USD1-denominated RWA perpetuals covering gold, crude oil and equities
* **CFTC Innovation Advisory Committee:** CME and Kalshi executives debated prediction-market regulation, market manipulation and regulatory standards
* **U.S.-Iran:** U.S. is shifting toward economic pressure, with new Iran sanctions expected next week; Iran threatened Gulf oil bypass infrastructure
⸻
👀 **This Week to Watch**
* **Aug 21:** U.S. August PMI; Japan CPI; AKE unlock ($21.3M); GWEI unlock ($5.2M)
* **Aug 22:** SENT unlock (\~$4.2M)
* **Aug 23:** SOON unlock (\~$3.9M)
⸻
⚡ **Quick Take**
BTC is showing unusual strength: **Treasury yields are back up, equities are down, oil is above $93, yet BTC is above $73K.** The rally has moved beyond the initial short squeeze, with ETF inflows providing fresh spot demand. $70K is now the key line in the sand—hold it, and the market can continue testing $75K and beyond; lose it, and profit-taking could accelerate.
⸻
**New to KuCoin?** [**Sign up**](https://www.kucoin.com/ucenter/signup?utm_source=Announcement&utm_medium=community&utm_campaign=EN) **for $11,000 newbie perks.** 

I agree, if it was only ETH going up while the rest of the market stayed the same, then OP's claim would make sense. But it just seems like the whole market is going up and ETH is just part of the wave.

would have been nice if ETH would have kept the lead for the second leg but ray got crushed unfortunately :/

NLR & ETH

The current ETH price is garbage. BTC is almost $6K above its 2021 ATH, BNB is near its 2021 ATH, and TRX is more than 2× its 2021 ATH. At this point, ETH as an investment is still a failure.
Even if ETH went to $5K tomorrow, I still wouldn’t call it a win—not after all the stress this asset, and the behavior of its own investors, has inflicted on fellow ETH holders. We recently had an ETH investor capitulate at $1.9K. Sorry, but if ETH investors themselves don’t believe in the asset and are willing to sell out - or effectively rug everyone else - at these pathetic levels, how is ETH supposed to compete with BTC as a store of value?
I’m not getting all that stress-induced time back. At this point, ETH needs to go to $10–20K while BTC goes essentially nowhere for me to feel like the time, effort, and opportunity cost were actually worth it.

**Tricky's Daily Doots #1,569**
**Yesterday's Daily 18/08/2026**
[Previous Daily Doots](https://old.reddit.com/r/ethereum/comments/1vscs3u/daily_general_discussion_august_19_2026/p4lhr0s/)
- u/lops21 announces [the money printer being turned back on.](https://old.reddit.com/r/ethereum/comments/1vscs3u/daily_general_discussion_august_19_2026/p4n6od3/) 🖨️
- u/haurog announces [the likely vote result which will move Gnosis chain into the Ethereum Economic Zone.](https://old.reddit.com/r/ethereum/comments/1vscs3u/daily_general_discussion_august_19_2026/p4l1hxe/) 🗳️
- u/haurog shares [ethernews.org, a new news aggregator for Ethereum.](https://old.reddit.com/r/ethereum/comments/1vscs3u/daily_general_discussion_august_19_2026/p4kyrmt/) 📰
- u/TryTreats starts [a good discussion about the ETH value proposition.](https://old.reddit.com/r/ethereum/comments/1vscs3u/daily_general_discussion_august_19_2026/p4l51mw/) 💬

The reason they pump BTC or ETH is because it's expensive, haha. Otherwise, the whole ecosystem would rise like before. Rull Pug soon.

1. Don’t go to “buy someone’s class” it’s a bad idea and they usually trade. 2. I like crypto personally but you can’t just buy whatever. Obviously bit coin is good the goat in fact but it’s expensive. 3. Crypto is very volatile one year it’s up 1000 percent next year down 80.
I’d recommend learning what they crypto cycle is how it plays off the but coin halving and no buying anything that’s gonna tell you you’ll get rich in a month. Look at BTC ETH SOL etc cryptos that have in turn stocks (etfs) in my opinion will be the “safest”

Hi u/GreggAlan,
Here's how to convert on the app:
Tap the Convert icon on your home screen → select ETH as the crypto you're converting from → select USD as what you're converting to → enter the amount → tap Preview Conversion → if the quote looks good, tap Confirm Conversion.
Once converted, the USD balance should be available to withdraw to your linked bank account, assuming no other holds are active.
If you run into any issues with the conversion itself, [support.binance.us/en/](http://support.binance.us/en/) can help directly, live agents are available seven days a week, 6am to Midnight ET.
— Binance.US Support

If you’re not still buying ETH today and holding till you retire you should stop investing because you’re bad at it

Yeah for ETH projects it's my favorite. Also impressed with NuFi.

"Capped by its scarcest leg" is a cleaner way to put it than anything I wrote, and it's the part I had backwards. I was treating the quote asset like a pricing decision. It's a depth decision. Pricing just follows.

On the basis point I'll push back a little, or at least complicate it. You're right that I traded ETH beta for PAXG basis. I'm not convinced the basis is strictly worse for a launch tier pool though. ETH beta is unbounded and correlated with everything else the holder already owns. PAXG basis is bounded by redemption arb and mostly uncorrelated with crypto drawdowns. Worse in the tails, better in the middle. For a pool whose whole life is the first few weeks I'd take the second one. But that's a guess, not a measurement, and you'd know better than me whether that basis actually stays bounded when bridging gets congested.

The thing I didn't consider at all is your last point. All of this was sitting in the pool data before I deployed anything. I could have looked at PAXG depth on that chain and predicted the entire outcome without spending the gas.

**Disclaimer and Educational Notice:** The following analysis is provided strictly for educational, informational, and forensic research purposes. It does not constitute formal legal advice, representation, or counsel. Digital asset transactions and blockchain-related regulatory frameworks are highly complex, rapidly evolving, and subject to varying jurisdictional interpretations. Do not act on any information provided here without first consulting a licensed, qualified attorney in your appropriate jurisdiction.
I don't know what jurisdiction or country your friend is in, but the following analysis is based strictly on United States federal law. I'm not an attorney, so they should seek their own professional legal counsel immediately. I do, however, perform professional crypto forensic investigations, and that's where my familiarity with these specific codified statutes and compliance frameworks comes from.
It's a classic panic scenario, but your friend has likely walked straight into a massive codified legal trap.
There are two primary vectors here, both heavily backed by US federal criminal statutes:
**1. The Accidental Money Laundering Mule (Most Likely)**
No one sends $2,500 by mistake to a completely random address; the mathematical odds of fat-fingering a valid 40-character hex address and hitting an active wallet are virtually zero. Those funds are highly likely tainted, originating from a DeFi exploit, a compromised exchange account, or a phishing scam.
By converting that ETH to cash via a KYC-compliant exchange, your friend has connected their real-world identity to stolen assets. Under the **Anti-Money Laundering Act of 2020 (codified in 31 U.S.C. § 5312)**, digital asset transfers are legally classified as 'value that substitutes for currency' under the Bank Secrecy Act. This means they're bound by the exact same strict compliance mandates as standard bank wire transfers. The moment those tainted funds are traced to your friend's KYC profile, the exchange is legally obligated under **31 U.S.C. § 5330** to execute an immediate asset freeze and file a **Suspicious Activity Report (SAR)**.
If your friend claims they 'didn't know' where the funds came from, prosecutors can still charge them under the legal doctrine of **Willful Blindness (18 U.S.C. § 2315)**. The law explicitly treats deliberate ignorance of highly suspicious transactions as equivalent to actual knowledge.
**2. The Clean-Cash Refund Trap & OFAC Strict Liability**
If your friend tries to be a good citizen and 'sends it back' to the address that requests it, they're effectively laundering the stolen money. They send their own clean ETH to the thief, while keeping the absolute civil and criminal liability for the dirty inbound transfer.
Worse, if those original funds came from a blacklisted address or mixer (like Tornado Cash), interacting with them triggers **strict liability** under **OFAC Sanctions Compliance (31 C.F.R. Part 501)**. Under federal sanctions law, strict liability means your friend can be prosecuted and heavily fined even if they had zero illicit intent and it was a complete mistake. Returning the funds to a sanctioned address completes a banned financial transaction.
**What they should do immediately:**
* **Trace the Hash**: Take the transaction hash and inspect it on Etherscan. See if the sending address has been flagged for phishing, or if the funds came directly from a mixer or a known exploit.
* **Don't Move More Funds**: Do not attempt to send any 'refunds' to anyone.
* **Isolate the Cash**: Keep that converted fiat entirely separate in a bank account. Do not spend it. When the exchange compliance department flags the transfer, they will lock the account and demand proof of funds. Your friend will need to show they didn't actively participate in the theft.
It's a tough spot, but keeping the cash isolated and preparing for an exchange freeze is the only safe move right now.

$SLV $OUNZ $GLD $APLD ETH Bitcoin. Just gave you the playbook

People really getting excited because everything is following BTC and ETH

BTC & ETH