ETHEUR
Ethereum / Euro
crypto Composite

Guys will ETH recover

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🌍 **Macro**
U.S.-Iran negotiations remain stalled, with restricted shipping through the Strait of Hormuz pushing Brent crude toward $91/barrel. Meanwhile, U.S. long-end Treasury yields climbed sharply, with the 10-year yield reaching 4.73% and the 30-year yield hitting 5.31%, keeping pressure on risk assets.
⸻
📈 **Market Snapshot**
• BTC: $64,531.90 (+2.59%)
• ETH: $1,913.54 (+2.00%)
• NASDAQ: 26,644.91 (-0.32%)
• S&P 500: 7,745.06 (-0.52%)
• F&G: 41 (Fear)
⸻
🧠 **Market Take**
BTC rebounded back above $64K despite weakness in U.S. equities, while ETH also recovered toward $1.9K. BTC is now testing $64K as a key battleground, but the $65K area remains a major resistance zone.
**Key levels:**
* Resistance: $65K
* Support: $64K
* Trend: Range-bound recovery
The rebound is encouraging, but rising oil prices and long-end yields remain headwinds. Without sustained volume expansion or a meaningful decline in yields, BTC may continue consolidating below $65K.
⸻
🔥 **Hot Tokens**
* 牛来: Gained attention from the film 牛来 and its “bull market” narrative, boosting short-term trading activity
* COMP: +10% after a leadership reshuffle and launch of a $52M V4 program focused on RWA and institutional credit
* ANSEM: +20%+ after launching a community token issuance platform with the Z500 Index and token-burn mechanism
* VVV: +12% after reporting 4M+ users and $100M+ annualized revenue, alongside continued buybacks and burns
⸻
📰 **Key Updates**
* Ethereum: Foundation released the early Glamsterdam testnet, targeting stronger L1 execution and block-building efficiency
* ETH ETFs: Recorded a record \~$2.85B in weekly net inflows, significantly above BTC ETFs’ \~$548M
* Strategy: Made no new BTC purchases, maintaining 840,447 BTC while prioritizing USD reserves and preferred-share buybacks
* U.S. Treasury: Opened public consultation on GENIUS Act stablecoin implementation rules
* Hyperliquid: Supported removing the SEC order protection rule and called for tailored best-execution guidance for onchain markets
* Pump.fun: App launched zero-fee trading, with cross-chain fees set at 0.1%
* Tether: July stablecoin market cap fell to \~$308.3B, marking three consecutive months of net outflows
* Bitmine: Purchased another 9,926 ETH worth approximately $19M
* Japan: 5-year government bond yield reached a record 2.18%
⸻
👀 **This Week to Watch**
* Aug 19: 50% U.S. tariff on certain Canadian products takes effect; U.S. weekly ADP employment data
* Aug 20: Fed July FOMC minutes; U.S. initial jobless claims; ZRO unlock ($19.9M); KAITO unlock ($11.5M)
* Aug 21: U.S. August PMI; Japan CPI; AKE unlock ($21.27M); GWEI unlock ($5.18M)
* Aug 22: SENT unlock (\~$4.16M)
* Aug 23: SOON unlock (\~$3.93M)
⸻
⚡ **Quick Take**
BTC has reclaimed $64K despite rising oil prices and long-end Treasury yields, showing relative resilience versus traditional risk assets. **$65K remains the key breakout trigger, while $64K is the immediate support.** Strong ETH ETF inflows also suggest institutional capital is beginning to rotate toward ETH, making the BTC–ETH relative-strength dynamic worth watching.

> and encourages remaining big staking entities to follow through
Last time I checked, several participants, CB in particular, were still pissing out 32 ETH validators. You can see that after a large wave of consolidations over during 2025, early 2026, # validators started rising again. It would be good to see some direct engagement with assholes like Armstrong to understand why they don't care (if it's not happening).

For a first crypto portfolio, I’d personally make **Bitcoin the clear majority**. I’ve been through multiple cycles, makes perfect sense to have higher Bitcoin allocation, otherwise holding anything else you will round trip.
Allocate something like:
**70–80% BTC**
**10–15% ETH**
**5–10% SOL**
**0% XRP / SUI for me**
Why heavier Bitcoin? Because it has the strongest track record, deepest liquidity, clearest market cycle, and the lowest chance of simply disappearing versus smaller crypto assets.
I’d also split BTC into two bags:
**1)HODL bag** \- long-term, ideally untouched.
**2) Swing bag** \- accumulate during the bear market, take profit near the next major cycle top.
For ETH/SOL or any other altcoins, I’d treat them differently: **I would plan to sell most or all near the next Bitcoin cycle top and rotate profits back into BTC or cash.**
And with Bitcoin still in a bear-market zone, I’d personally be buying more now through DCA rather than waiting for everything to feel bullish again.
Good luck 🍀
[Bitcoin Bear Market DCA Playbook](https://youtu.be/JXvr49ECTuo)

a core tenet of crypto I think you missed is that price action never followed conventional logic. What should appreciate based on genuine fundamentals and demand simply doesn't (and vice versa).
Instead price action has always been a function of hype and artifical market manipulation, hence price tends to move at seemingly irrational periods of time with no true catalyst, other than, some whale just decided to buy. The explanations/correlations for price movement always happen after, not before.
So to answer your question, you should have no reason to believe your ETH is going to appreciate for any real reason. If it does appreciate, its because some people are trying to create/manipulate hype and transfer money from the untrained into their own pockets. Thats virtually it. The rest is luck.

I wanted to understand your tax point better, and I think I get it now.
Issuance and staking yield are obviously linked - the ETH being issued is largely what creates the staking reward. The tax problem is that part of that nominal reward is really just compensating the staker for dilution caused by issuance to everyone else.
For example, at a 2.6% staking yield with 0.8% dilution, the dilution-adjusted gain is only \~1.8%. But if the solo staker owes, say, 30% tax on the full 2.6% reward, that's another \~0.78%, leaving only \~1.0% before hardware and other costs.
So I can see the concern now: higher issuance gives you higher nominal yield, but also more dilution and a larger taxable reward. Lower issuance reduces the dilution and tax burden, but obviously also lowers the APY - which can create the opposite problem for solo stakers.

ETH Daily - Monday, 17th August 2026 📰
\-Ethlabs shares Hegotá EIP rankings.
\-EF Protocol Architecture team also outlines Hegotá priorities
\-The Platåberget testnet is open for developers.
\-Farcaster is looking for a new home. Neynar is winding down.
\-Lido Curated Module v2 key deposits.
\-Cloaked opens its browser extension [waitlist](https://x.com/staycloakedxyz/status/2089317989870977093).
\-FWA [unveils](https://x.com/Rhynotic/status/2089120872447508847) "FWAir" NFT launches.
\-Liquity [activates](https://x.com/LiquityProtocol/status/2089363185820463359) V2 incentives.
Read more: [https://ethdaily.io/hegota-priorities-ranked-from-66-eips](https://ethdaily.io/hegota-priorities-ranked-from-66-eips)

I literally said “shameless repost from that thread.” Your XCancel link led me to that discussion, I saw the comment about ETH issuance, and it got me thinking about issuance and staking yield. I never claimed it was a direct response to the specific comment you linked. That’s the connection.

On the flip side of that, I'd say the only proper way to speculate is to understand the tech and why that matters.
Currently the top 2 chains by marketcap, and most of the top chains, have significant issues or limitations.
Sure, they have shown that you can get good return on your investment, but how long will they dominate? ETH seems to have stalled on that front. The market has finally recognized it can't scale, and so the price action has stalled too.
If you don't understand the tech, then you are just going to end up throwing money at memecoins or bad projects. Sure, you might get lucky, but who wants that risk?
There's a saying when it comes to markets: "In the short-run, the stock market is a voting machine. Yet, in the long-run, it is a weighing machine."
So, while BTC and ETH might have 'the votes' now, that doesn't mean they will in the long run. People speculating on Algorand believe the tech holds weight in the end, and the market will reflect that.

There are plenty of legitimate ways to donate to public goods onchain, but I don't think any memecoins would be included in the list.
Gitcoin, Giveth and Octant are all platforms I've used in the past and continue to trust. They all work in different ways and are worth learning about from a perspective of interesting tech solutions to democratizing funding what matters, even if you don't plan on using them yourself.
I don't really see why making a charitable donation through part of the fees for a memecoin makes sense, compared with just donating all that you want to give, it seems unnecessarily convoluted, and there is clearly a risk of the creator just keeping everything.
Lots of people in crypto are pretty generous. Gitcoin alone has had 5 million donations, from 270,000 people through its quadratic funding rounds, totalling over $60 million.
Crypto users also donated a pretty huge amount to Ukraine when Russia invaded, about $29M in ETH, almost $23M in BTC, and roughly $12M in USDT, though that was mostly direct donations rather than through any particular smart-contract platform.

Really? You don't know what gas fees are? Or are you just playing dumb because I called gas fees (ETH) instead of just transaction fees or btc fees?

Or tell me how you are the only person in the world to transfer btc with no fees...

Death doesn't necessarily mean quick death. Look at the returns of any coin past 5 years. Very few winners, ETH down bad and BTC losing to inflation.
It's ridiculous to think some use case is gonna emerge 15 years later. It's all just speculation that requires someone else paying more later. It's a house of cards

I’m trying to get into trading and crypto and I know some of the basics but I’m still pretty new to it.
I’m not looking for someone to tell me to buy BTC or ETH or anything like that. I’m more interested in actually learning how to trade properly.
For people who have been doing this for a while, what would you say is the most important thing to learn when starting out? Technical analysis, risk management, reading charts, fundamentals, etc.
Also if there are any books, channels, websites or resources that you guys actually found useful let me know.
And what’s something you wish you knew when you first started?

In every bear period people said crypto is dead because of different reasons.
What if BTC strengthening, new regulations that make scam coins fall, and a few of the top 50 alts fight for ETH position and prove to be useful?
But then again it's just speculation.
15+ years and crypto still being around with people still investing in bear markets then it means there's speculation. And maybe there might be future usage also that we don't know. Or there might be another new technology in the future that replaces crypto.
So again it's just speculation.
So the point is nobody knows what will happen but what i see is that there's speculation. Cycles might take longer now, or even broken and something else will start happening.
So in the end if you believe crypto is dead, it is dead, if not then you believe you could make profit and that's why you speculate and throw money in it...
The whole post is just speculation so you can't actually prove crypto is dead as people in past bear periods couldn't prove it either... you can only prove to yourself that crypto is dead and not worth throwing your money in for a possible profit.

Every bull run people rush to buy in, or have bought in, and in every bear market people sell or accumulate based on their own speculation.
Several cycles happened until now. In every new cycle something changes and still people buy and speculate.
People invest either on research, narratives, influencers, socials, hype, fomo, plain gamble, positive news or because they speculate that in bear market can accumulate on coins that they believe they'll go up, they might want to find the one moonshot, their friends doing it, etc...
Plus there are many influencers that literally made their main job hyping, informing and teaching people on crypto only, so their main income is either from youtube, tiktok, subscriptions, courses, not from crypto but using crypto as their main sell mechanism. So these people they will try to manipulate and make people speculate more, hype more, fomo more so in a way they are one of the factors that drive liquidity in crypto.
Then there's new regulations that are positive for crypto like the mica europe framework that made users in Europe feel more safe to invest in crypto. Then the upcoming clarity act might prove positive as well or another regulation we don't know about. Not to say there won't be regulations to prove negative.
If BTC becomes more mature and stable then whales might feel more comfortable buying BTC for the long term returns and if the general economy is good they might also invest in alts too.
I started learning and investing about crypto around 2 months ago after a friend told me that he did gain some profits in crypto and it made me want to learn more and throw some money in. From the stocks, gold, silver, etc, crypto is more attractive to a new guy wanting to invest in something so more people might join in...
The oldschool crypto investors had losses that made them turn to BTC, ETH or in stocks and other safer investments but i don't believe any of them forgot about the bull runs crypto has. So when positive news come around they might join the ride again based on speculation.
There's a quote that says "history repeats itself". In every bear market people talked negatively, then in bull run all people hyped, fomo'd and made profits, then bear market again, something new in crypto environment, people talked negative, then bull run positive, then another bear market with a new event or regulation in crypto, then again talked negatively, then another bull run, etc... So history repeats itself until now, and maybe history will repeat again but in a different form because something new might happen again that will affect crypto.
So as long as there's liquidity, crypto isn't replaced by anything new and speculation continues crypto won't die, they might evolve but not die.
What do you think?

You seem to be new to crypto. Crypto is currently in a winter cycle, which is why token value is low. Crypto has 4.5 year cycles that coincide with BTC’s halving events. The last halving event was about two years ago, and the major run up for the crypto space usually takes place about a year afterward (last year). Following that year is a “crypto winter” which is what we’re in the middle of right now - everything slumps. If you’re smart this is a great time to start accumulating for the next bull cycle (probably about 2-3 more years). Alt coins are doing terribly and may not meaningfully recover. However BTC and ETH are still relevant - BTC as a long time store of value with programmed scarcity, and ETH network being quietly used to build the infrastructure layer for RWT. Good luck and have fun

>Why aren't satoshi's early mining efforts considered "premining?
Permining is when a scammer, let's call him Vitalik, for example, creates 72,009,995 ETH in the Genesis block, before letting anyone else to compete with their hashrate.
>Presumably He mined most of the first million BTC unopposed
That's not true. I believe Dustin mentioned [in this podcast](https://stephanlivera.com/episode/314/) how the first node (possibly Satoshi) was waiting for another node before it started mining. And even if Satoshi wouldn't wait, there still was competition from other users. Half I believe tweeted his legendary" Running Bitcoin" about a week since the network started. So have many others. Some turned the mining off, some believed in the network or wanted to support it and kept mining.
One way or another, Satoshi was competing with other users/miners, burning his energy that was more costly than the mined coins generated.

>**The crowd has wisdom,**
>**Wait until we hit rock bottom,**
>**Money brings freedom.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

One of my favorite products in crypto is Alchemix - either take self-repaying loans on your ETH or USDC collateral, or get paid (currently excellent) rates on fixed duration bonds that back the other side of the liquidity on the loans.
Fully non-liquidatable except in the rare case of the underlying vault taking losses.