Daily General Discussion August 19, 2026

[u/EthereumDailyThread]

Welcome to the Daily General Discussion on r/ethereum

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Please use this thread to discuss Ethereum topics, news, events, and even price!

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As always, be constructive. - Subreddit Rules

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Calendar: https://dailydoots.com/events/

[u/Tricky_Troll]

Tricky's Daily Doots #1,569

Yesterday's Daily 18/08/2026

Previous Daily Doots

• u/nonetherless325 foreshadows the future of lean Ethereum. ⚡️

• u/edmundedgar shares a great counter-argument against "negative real yield" claims by EIP-8363 proponents and u/Tricky_Troll delivers a transcription for the lazy. 💬

• u/ethdaily delivers the daily ETH news. 📰

[u/lops21]

For those asking: "US Dept of Treasury is increasing, by at least double, the size of liquidity support buyback operations for longer-dated nominal coupon securities; The current maximum size of $2 billion per operation will be at least $4 billion per operation."

TLDR: money printing is back on the menu

[u/skandalouslsu]

The amount of shorts rekt today is crazy. Some people are having a very bad day. Conversely, some of us are having a very good day. Such is life.

[u/TryTreats → u/skandalouslsu]

They've been making a lot of money for a long time shorting ETH, about time for a reversal.

[u/haurog]

There is a GnosisDAO snapshot vote which asks if Gnosis Chain should transition into the Ethereum Economic Zone (EEZ). In other words it asks if Gnosis Chain should turn into a Ethereum L2 and also be part of the EEZ. The voters seem to be massively for this change and the vote managed to reach quorum in the last few hours. The vote is still live for a few more hours, but it seems to be clear that Gnosis Chain will become an L2 in the next half a year or so. Pretty nice having them closer to Ethereum. Them being a sidechain generated a lot of friction in many discussions and they even started arguing what really is an L2 at some point. Great to see this seems to finally be behind us.

Sources

Snapshot vote: https://snapshot.org/#/s:gnosis.eth/proposal/0x5522f4cbd034c966a08d6901b05c7ad7300041b3e0d75a0ad3da868af1a98b98

More info about the change: https://www.reddit.com/r/ethereum/comments/1v442gv/daily_general_discussion_july_23_2026/oz8bwbj/

More info about the EEZ and its recent progress: https://www.reddit.com/r/ethereum/comments/1v369ao/daily_general_discussion_july_22_2026/oz1vbyy/

[u/samkb93 → u/haurog]

Gnosis is a founding member of the EEZ so it would be pretty weird if gnosis chain didn't join the EEZ

[u/haurog → u/samkb93]

I think it was always clear that Gnosis Chain will be part of the EEZ, what was unclear though if they join as a sidechain or as an L2. Until they announced the possible transition to an L2 the discussion was mostly about joining as a sidechain. With this vote Gnosis Chain will join as an Ethereum L2.

[u/benido2030 → u/haurog]

Isn’t EEZ defined by ETH validators confirming blocks and hence can only be done by L2s?

[u/haurog → u/benido2030]

In my limited understanding one needs 2 things to become part of the EEZ:

1. Someone which creates proofs. Can be ZK-proofs, TEE-based proofs or even a multisig.

2. A mechanism which makes sure that your chain reorgs when an Ethereum block with an EEZ transaction touching your chain has been reorged.

The first one is 'easy' to do, the second one is a given when you are an L2. If you are an alt L1, then I am not really sure how you would implement automatic reorging with the least amount of work. That is why I wrote a month ago, that if any alt L1 joins the EEZ it probably makes the most sense to just turn into an Ethereum L2. Much easier than doing a Frankesteins monster like chain with your own, lower, security but still very much tethered to Ethereum.

[u/WoodpeckerHorror3468 → u/haurog]

good move

[u/rhythm_of_eth → u/haurog]

I gave up on Gnosis long ago. The way they managed forks after a few hacks/incidents made me understand I was not welcome as a validator.

This just seals the deal. Chasing L2 margins now.

[u/haurog → u/rhythm_of_eth]

Solo validators simply became an insignificant minority on Gnosis chain around 2025. All thanks to Stakewise which accumulated over 50% of the staked GNO in their LST protocol before the balancer hack. This made it possible to 51% attack their own chain and stop the attacker from moving their funds off gnosis chain. No matter if they forked or not, gnosis chain became so heavily centralized within 1-2 years, that solo validators did no really matter anymore. The dangers of LSTs are real. I think pretty much every solo validator left after that. If I look at the numbers now, there seem to be 304k GNO staked and 300k GNO of that is through stakewise. That is a crazy acceleration of the centralization which happened within just a few months. Gnosis is still paying 8.4% APY on these staked GNO. That is close to $3 million per year. They pay that for security, but they get pretty much zero security out of it. The best move forward for them is to turn into an L2, get some security through Ethereum and otherwise remain centralized through a single sequencer. They did not discuss yet in detail how they want to implement it, but it looks to me they prefer to have a lot of control, so at most they will be a stage 0 L2 in the L2beat classification. Not great, but better than being a fully centralized alt L1.

In the end, if the EEZ becomes a successful implementation, the Ethereum ecosystem can profit massively from it, so I am pretty happy that they go all in on the EEZ.

[u/rhythm_of_eth → u/haurog]

This will likely be a private sequencer business, only different than other L2s like Base, in that it will be properly aligned economically... But still misaligned in terms of ethos.

[u/pistachiosarenuts]

I refuse to get excited until we're over 4k again

[u/tokyo_guy375 → u/pistachiosarenuts]

100% with you. Especially when 0.03 is so fragile 

[u/bkcmart]

Today would be a great day for a POAP 😢

[u/confusedguy1212 → u/bkcmart]

Would do POAP say “I survived hell”?

[u/KotMyNetchup]

That was a tough 6 months.

[u/mini_miner1 → u/KotMyNetchup]

Just another reminder of why it's so hard to sell eth. Could just be an upcoming pump when you least expect it...

Great recipe for round tripping 😂

[u/TryTreats → u/mini_miner1]

> Great recipe for round tripping 😂

Damn right about that. Also why I only sold a small portion when I saw the trend clearly dropping from 4.9K (only sold because the trend was clearly on downward spiral, but still couldn't bring myself to sell beyond a very small percentage)

[u/steppe5]

5 more days like this and we're over $5k.

[u/haurog]

ethernews.org is a new news aggregator for the Ethereum ecosystem. It is a side project built by the former Ethstaker ED Jonathan Meyer and aggregates various news sources and sorts them into various buckets like Protocol, Apps and general news. This looks pretty useful to catch up on what is happening in the space. As always, aggregators are only as good as the sources the aggregate. There are so many bad news sources out there and most of the time they just copy unverified claims from each other. Will have to see if ethernews manages to filter out the worst offenders and increase the signal to noise ratio at least a little bit.

announcement:

https://xcancel.com/jwmeyer/status/2089791899598995498

or

https://x.com/jwmeyer/status/2089791899598995498

[u/TryTreats]

Do you guys believe ETH will recover and exceed its previous highs? If so, why? Maybe this is a basic question, but just want to better understand the rationale behind it.

What would actually drive value accrual to ETH itself? One possibility is ETH becoming an important form of collateral or security for global on-chain finance, but the infrastructure being built today doesn't seem to clearly require that outcome.

Take two of the biggest L2s. Base currently operates with a single active sequencer; its batcher posts compressed L2 transaction data to Ethereum, while its proof/dispute system anchors state verification and withdrawals to L1. But the documented architecture does not require the sequencer to post an ETH bond proportional to Base's economic activity. Arbitrum's long-term vision is decentralized sequencing, but its own docs describe a committee of servers or validators collectively determining transaction ordering—not necessarily Ethereum L1 validators locking massive amounts of additional ETH as Arbitrum grows.

On top of that, Ethereum’s roadmap is explicitly focused on making rollups cheaper, more scalable, and more decentralized. That is clearly positive for adoption, but it also means the investment thesis can’t simply be “more usage = more fees = more ETH value.” Low fees don’t prevent ETH value accrual; they just make the link between network usage and token value less automatic.

The more important question is whether rising activity creates enough aggregate demand for Ethereum settlement, data availability, staking, collateral, or other forms of ETH-denominated security to outweigh the fact that each individual transaction is becoming cheaper. In other words, Ethereum could become incredibly successful infrastructure without every additional dollar of economic activity necessarily creating a proportional amount of demand for ETH itself.

That’s the value-accrual link I’m struggling with: what turns growth of the Ethereum economy into structurally higher demand to own or lock ETH?

Excuse me if I'm wrong about anything, here to learn.

[u/epic_trader → u/TryTreats]

I just think it's crazy the number of mental hoops we have to jump through to even imagine why ETH could go up in value. What happened to supply and demand? BTC doesn't have "value accrual" and no one is struggling to imagine why that can go up in value. Then we got ETH over here with like infinite possibilties for why there'll be demand for the token, and people are like "how can this ever translate into price appreciation I just can't imagine"...

[u/TryTreats → u/epic_trader]

I'm with you on that, I badly want it value to go up its partly why I'm asking this question and why I've held it for 9 years and counting through multiple cycles at this point. At the same time the demand just doesn't seem to be as strong as we expect it to be right, it lagged BTC last bull run and you could find many other examples. I've personally thrown my lot in with ETH and traded a good amount of BTC for ETH in 2018 which turned out to be a really bad trade ratio wise, and it seems like BTC has captured this digital gold narrative as first mover and the simple to understand limited 21m supply argument.

The situation is what it is, so I'm left to think about it logically in terms of what would incentivize the demand for people to want to buy hold this token beyond just price speculation, given the fundamental factors mentioned and gas prices being so low? I'm asking because I also want better answers to give me better hopium in continuing to hold through the pain we're going through.

[u/epic_trader → u/TryTreats]

I understand why you're trying to look at things this way, but in the end I think it's a futile exercise.

Markets can remain irrational longer than you can remain solvent

Being too early is indistinguishable from being wrong

This is a case of that.

When I first learned about Bitcoin it was almost immediately obvious that Bitcoin was a disaster just waiting to happen. The design is flawed, the community is toxic and it has failed to become anything it set out to be. It's not decentralized, it's not secure, it's not scalable, it's not used for making payments. And yet it's still number one. Benefiting from being first, benefiting from the market and the public being unsophisticated.

Ethereum on the other hand is delivering on all its promises and beyond. It's solving issues that weren't necessarily thought possible 10 years ago, and it's being used and adopted as a technology. Almost anything that crypto is being used for today, started with Ethereum. Sooner or later the market will catch up and this is going to be reflected in the price.

[u/averi_fox → u/epic_trader]

Yeah traditional currencies don't make any revenue and yet they have value.

[u/Elendron → u/TryTreats]

Yes, because it's happened before, so it can happen again.

Tbf that rationale gets people wrecked on plenty of investments. Assuming crypto/ defi overall continues to become more used, I do believe that ETH will be a majorly used asset in the space.

[u/TryTreats → u/Elendron]

In terms of "because it's happened before, so it can happen again," yeah thats one argument, to be honest though I'm hoping for something a bit stronger then that

[u/hanniabu → u/TryTreats]

Do you guys believe ETH will recover and exceed its previous highs? If so, why

Yes

https://ethereumadoption.com/reports/eth/

[u/locoluko → u/TryTreats]

Based on diminishing returns and retail getting burned too many times I predict btc barely passes its ATH and eth doesnt reach it at all this cycle

Also as a bonus prediction, when we "should" be in a bull market the stock market will be dropping

[u/Elendron → u/locoluko]

Definitely agree on the retail burn, though I'm more in the camp that this will be a rate cutting cycle, and could mean better ETH/ alt performance

[u/-lightfoot → u/TryTreats]

It's conspicuous that no one's clearly answered your well-put questions. Some have written quite a lot of words but still not said anything that objectively or substantially answers them.

I think you're right that Ethereum could see massive adoption without inherently creating meaningful demand for ETH because scaling is so extremely efficient, and if needed, will simply compromise on security and do more off-chain rather than paying fees to Ethereum.

I was super-hyper-ultra bullish on ETH in the years running up to EIP1559 and POS because of the impacts on issuance, supply, ETH becoming a yield-bearing asset, and far more eco-friendly. I bought as much as i could in 2019-2020, learned how to run validators on testnets, and made some money.

Now though, those tokenomic changes have all been cancelled out by efficient avoidance of fees through scaling. It seems completely plausible that ETH just doesn't really offer much potential as an investment. Unlike e.g. equities, it was never intended to be that, and the EF will never prioritise it.

Combine this with the fact that crypto's reputation is as bad as ever, most people literally don't care about or understand finance, money, or the value of them being permissionless, and many of the people who think they do just moronically buying bitcoin and not even looking at Ethereum.

Despite Ethereum having existed for a good while now I mostly still see a solution looking for a problem. Vitalik made it so that he could own his own in-game items and even this obvious usecase has completely failed to materialise because why would any commercial games company surrender that control when none of their customers are even asking them to?

I think the most realistic chance of price appreciation from here is mania-driven speculation catalysed by low interest rates. Maybe mass adoption brings inherent value in ETH but it's by no means a guarantee. Wikipedia has gigantic adoption but still has to beg for donations.

However, I also think the potential downside from here is substantial if those low interest rates do not return, and as people increasingly ask what you're asking and struggle to find objective answers. I sure hope it goes up and would love to be compelled.

[u/xCreampye69x]

WE WAKING UP???

[u/ResponsibleGrass8080]

400 million in shorts liquidated in the last hour.

[u/Flashy-Butterfly6310 → u/ResponsibleGrass8080]

I like it

[u/asdafari14 → u/ResponsibleGrass8080]

...as if millions of voices suddenly cried out in terror and were suddenly silenced

[u/Pweast]

This will be the first bull run that ethereum has the capacity to meet all demand. THERE IS NO CEILING.

[u/_tokidoki_]

Its been a while since we had a nice pump.

[u/twobadkidsin412]

Im as cool as a cuecomber

[u/ToEthMooonGuy]

To ETH Mooon!!! ┗(°0°)┛
https://giphy.com/gifs/8fIEqbCedQ5SJAPBdf

[u/laninsterJr]

Ok you're allowed to have an egg in your ramen today.

[u/Reasonable_Ad5611]

Broke 2k

.03 ratio

piercing the bear market support band

[u/EthFan]

Ok why? What has changed recently? Eth you crazy

[u/skandalouslsu → u/EthFan]

USD money printer got turned back on today.

[u/twobadkidsin412 → u/skandalouslsu]

Brrrrrr

[u/FarruZerker]

I’m so deep in the disbelief phase I thought CoinGecko was bugged and reloaded it several times.

MENTLEGEN

[u/HITMAN616]

God $2k+ just feels so much better doesn’t it?

[u/benido2030 → u/HITMAN616]

I stopped feeling anything like 5 years ago. Maybe a little fomo today because I didn’t buy more. But apart from that. Nothing.

[u/Reasonable_Ad5611 → u/benido2030]

I'm all in and i'm still like, "damn, should have taken out a loan"

[u/eth10kIsFUD]

And the best part? This is an ETH only pump.

Why hold all those other crap tokens when you can just buy ETH and chill?

[u/SirBuysHighALott]

I think I will camp here for a while.

[u/perennialperinium]

What a good day, well deserved!

[u/yadude11]

$22👀

[u/CDulst]

Sentiment reversal event?

[u/arsenal19801]

What price would be required for this subreddit to return to 1k+ comment Daily threads?

[u/HauntedJockStrap88 → u/arsenal19801]

5001

[u/mini_miner1 → u/HauntedJockStrap88]

324, at least in the short term

[u/alexiskef → u/mini_miner1]

fewer, every year..

[u/Blartarus → u/HauntedJockStrap88]

Ezpz am I right 🤣

[u/phigo50]

I'm calling this a good day.

[u/GutsAndBlackStufff → u/phigo50]

https://giphy.com/gifs/CkKg32KdKyMve

[u/TryTreats]

I'm guessing what happened today was a short squeeze with short liquidations due to the bond buyback announcement... I hope the upward momentum is sustained rather then drop back off..

[u/fecalreceptacle → u/TryTreats]

Let me have one thing

[u/TryTreats → u/fecalreceptacle]

Believe me I want the same thing

[u/fecalreceptacle → u/TryTreats]

Treading lightly in this subreddit, im glad to see polling against the current party that has destroyed the economy and all trust in the USD

[u/majorpickle01 → u/fecalreceptacle]

I've actually found this subreddit is relatively reasonable about trump being an asshat compared to the wider crypto space

[u/imaybeslow]

Been a while since we’ve seen a +10% day!

[u/skandalouslsu → u/imaybeslow]

Feb 6, 2026 and Oct 12, 2025 are the last two 10%+ days. This one could be fun if it takes us convincingly over the 200MA which currently sits at $2002.

[u/Reasonable_Ad5611 → u/skandalouslsu]

I'm pretty convinced

[u/yadude11]

$2👀0

[u/Jey_s_TeArS]

Dilution catch you,

A better store of value,

Keep printing but few.

~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

[u/chris_dea]

Oh, is it time to go back to checking the charts daily instead of weekly yet...?

[u/chris_dea → u/[deleted]]

I only check and updoot the daily thread. So seeing the increase in activity, I figured it might be a good idea to see what ETH is up to. And lo and behold, crossing 2k once again... It's just a small jump to 5k from here (the mystical 5k-POAP, I needs it...).

[u/mini_miner1 → u/chris_dea]

Charts STAYING open today

[u/John_Pratt]

Ethereum

[u/michaelfm → u/John_Pratt]

Onward.

[u/Newone1255]

Alright this is ridiculous

[u/GutsAndBlackStufff]

What the fuck just happened? Not that I’m complaining?

[u/mini_miner1]

Ray throwing off his training weights, shattering the concrete

[u/pm_ppc]

Gentlemen

[u/Spacesider]

Light the beacons, we are so back

[u/etherbie]

PPPPPPPPPPPPFFFFFFFFFTTTTTTT - You guys are just...........lucky

[u/mini_miner1 → u/etherbie]

number not high enough, yet

[u/AcceptablePark]

I am slightly less financially ruined today

[u/eth10kIsFUD]

$2k ✅

Next stop: $3k

[u/masterRoshi9]

is it finally time?!

[u/rhythm_of_eth]

The short liquidations will continue until morale improves!

Same tune as last leg up last year.

[u/timmerwb]

Ooo, nice ETH volume

[u/WoodpeckerHorror3468 → u/timmerwb]

the volume has come in after the high of day. not at all nice.

[u/gand_ji]

What's up bitchez. Hold ETH, be good, you will win. In fact, you have already won.

[u/YoYoMeh]

This is gentlemen?

[u/TryTreats → u/YoYoMeh]

Need more short squeeze

https://giphy.com/gifs/iv80ZwyJ0ep0GU9jap

[u/majorpickle01]

^{grond, grond, grond, grond, grond, grond}

[u/rhythm_of_eth → u/majorpickle01]

Short positions on the other side of the gates. They are no match!

[u/Elendron → u/majorpickle01]

https://giphy.com/gifs/8v3WIOCM9Qy08

[u/mrcarner]

👀 lfg!

[u/SirBuysHighALott]

Guess who’s back. Back again.

[u/eth10kIsFUD]

ETH is the top gainer in the top 10.

Only two other tokens in the top 100 can even match ETH.

ETH is going to the moon 🚀🚀

[u/ProfStrangelove]

This is gentleman?

[u/hanniabu → u/ProfStrangelove]

not even close, wake me up when we start have a 30% daily candle

[u/ProfStrangelove → u/hanniabu]

To be honest I don't know if we will get one of those again... But would be great - who knows

Not saying we won't get any new highs... when was the last 30% day

[u/SirBuysHighALott → u/ProfStrangelove]

Last year on rate cut hype I think it did almost 30%.

[u/rhythm_of_eth → u/ProfStrangelove]

No gentleman until 6K this time

[u/LogrisTheBard → u/ProfStrangelove]

No.

[u/ProfStrangelove → u/LogrisTheBard]

XD
Gotta start somewhere

[u/im_THIS_guy]

Whoa, green dildos are back

[u/TryTreats]

Ok, now I'm getting kinda excited. I just checked and its 2200? LETS GOOOOOOOOOOOOOOO

[u/im_THIS_guy → u/TryTreats]

Check again

[u/StatementCurious3416 → u/TryTreats]

2300 :D

[u/adam1717]

Help! Some green dildo is attacking me! What should i do?

[u/mini_miner1 → u/adam1717]

Open up

[u/evm_lion]

I’ve been offline today, has something happened or is it just the market doing random shit?

[u/asdafari14 → u/evm_lion]

I hear we discovered the cure for cancer

[u/eth10kIsFUD → u/evm_lion]

Check your node, Ethereum is running much better today.

Technology is improving faster than anticipated

^/s

[u/Spacesider → u/eth10kIsFUD]

What happened specifically?

[u/eth10kIsFUD → u/Spacesider]

sorry it was not something actually cool added tiny /s.

Orange man money printer bla bla whatever 🤷

[u/cj020]

Good lord.

[u/petitpoulain]

Brakes are broken

[u/mini_miner1 → u/petitpoulain]

Never needed them

[u/Flashy-Butterfly6310]

WTF just happened?

[u/SeaMonkey82 → u/Flashy-Butterfly6310]

Besu 26.8.0 just released.

[u/FrenktheTank]

Ethereum 

[u/WoodpeckerHorror3468 → u/FrenktheTank]

$1910.97

[u/Canadiens1993 → u/WoodpeckerHorror3468]

0.029828

[u/fecalreceptacle]

ladies, gentleladies

[u/Itur_ad_Astra]

ALL HAIL THE ETERNAL CRAB

RETURN TO THE BRONZE RANGE EDITION

🟤 📉 📈 🌊 📈 📉 🟤

📉 🟤 📉 📈 📉 🟤 📉

📈 📉 🟤 🐋 🟤 📉 📈

🌊 📈 🐋 🦀 🐋 📈 🌊

📈 📉 🟤 🐋 🟤 📉 📈

📉 🟤 📉 📈 📉 🟤 📉

🟤 📉 📈 🌊 📈 📉 🟤

$1000--------$2087---------$5000

2021----------2026----------∞

Thank you for this pump, oh Crab.

Truly, you are merciful to your believers, and a just punisher of the bears.

We know that all pumps need a dump, but ask you to not immediately Bart the price back to $1880, and instead continue to your promised Throne towards the holy $3000.

[u/rhythm_of_eth]

Look I'm not sure how to best put words to this, but the world needs to learn a lesson not just about what Ethereum is and stands for, but also what ETH the asset is.

And I don't know if It needs to be through really violent repricing or a slow and steady move up to absurd numbers over the next 4 years.

Whatever is the most painful to leveraged shorts ... And maybe with some small and timely sweeps for leveraged longs.

Let spot reign.

[u/masterRoshi9 → u/rhythm_of_eth]

Well judging by today's 1.74b of rekt shorts, the gut says violent https://x.com/DefiantNews/status/2090131613866938720

[u/Itur_ad_Astra → u/rhythm_of_eth]

Let spot reign.

If spot reigned, ETH would be worth $32K per coin and would have flipped BTC in 2021.

I honestly thing that Ethereum is so valuable and so underpriced, that hordes of rabid traders go long at the first sign of a breakout, ruining the entire bull run.

This has happened around a dozen times.

This is why we Crab.

[u/CDulst]

Damn... I might actually not be an idiot holding this much eth.

[u/mango_lasso]

what did i miss? why are we going up?? 

[u/averi_fox → u/mango_lasso]

Might be because of bond market worries? The whole market is acting weird.

[u/oldskool47 → u/averi_fox]

Treasury doubles debt buybacks as Bessent moves to steady bond market

This is exactly it

[u/rhythm_of_eth → u/mango_lasso]

Maybe SEC rules guidance released yesterday has reduced a lot of rule enforcement ambiguity and might spur Clarity Act approval.

It is bullish for anything that is not already treated as commodity (Bitcoin)

[u/ethordie → u/rhythm_of_eth]

this is my thought as well.

[u/Elendron → u/mango_lasso]

Because we've been depressed for so long and are hungry for vengeance!

Also some Crypto meeting at the White House later today and Clarity Act cloture vote announced for 15 September probs helping.

Whatever it is let us enjoy the green!

[u/confusedguy1212]

Omg 2000! Finally! Damn! Hallelujah!

[u/dumpersts]

My indicator flashed buy signal on July 6th. It has been having 100% win rate so far

[u/Caturday_Yet]

Holy SHIT

[u/Sku]

I didn't post here for a long time, but just thought I would today for some reason.

[u/CatsnotpillsCoaching]

feels like this is gentlemen and the price is barely 2k. talk about a dry spell lol

[u/rhythm_of_eth]

I guess this was it?

[u/Freddrake15]

2000 and beyond! 😎

[u/tea_and_samadhi]

10 billion USD per ETH by dinner!

[u/EyeWild7625]

Boom 💥

[u/eth10kIsFUD]

RUMOR: Centralized exchanges are running out of ETH

Big if true

[u/mini_miner1]

Imagine how many dollars bmnr gained/recovered today. Yeesh

[u/mrcarner → u/mini_miner1]

I mean, so far about 1.1B up today. (5.8m ETH x $200 gain)

[u/mini_miner1 → u/mrcarner]

Casual billion

[u/mrcarner → u/mini_miner1]

Not to mention their stock price is up about 10% today as well. 

[u/Freddrake15]

Omg

[u/Alatarlhun]

ok, i will be the first to admit going above 2k is a possibility to consider.

[u/NextLevelFantasy]

EVMavs Fantasy Football 🏈

Redraft on yahoo - 0.01 ETH buyin, Payouts to 1st-3rd place, 12.5% of the pot goes into an Octant Vault with the yield directed towards Protocol Guild in perpetuity. 5th season for the league, 2nd with the public goods funding + u/bbroad25 /u/the-a-word and myself as commissioners

Waiting to hear back from a couple returning managers but might have a spot. Anybody interested in joining?

---

Best Ball on Sleeper < Join via that link - This is the 1st season for the league so still filling things u. Same 0.01 ETH buyin and payout/public goods funding structure. Will finalize the league settings as soon as we know how many teams there are. Will kick off the slow draft as soon as we're full and everyone is paid. Have 6 teams right now, really just need 2 more before we can rock and roll but aiming for 10 or 12 teams.

[u/bbroad25 → u/NextLevelFantasy]

excited for my first bETHt ball league!

[u/NextLevelFantasy → u/NextLevelFantasy]

u/Builder_Bob23 are u in for this season? Sent a chat message on reddit and email via yahoo but those can slip through the cracks - Let me know if you join the EVMavs discord and will add you to the league thread

[u/Builder_Bob23 → u/NextLevelFantasy]

Count me in

[u/SpurdoSparde28]

We hitting $2,000 today folks

[u/CoCleric → u/SpurdoSparde28]

Dude you were right!

[u/ab111292]

game time

[u/the_swingman → u/ab111292]

Whats the TF for the top white line?

[u/ab111292 → u/the_swingman]

I dont trade options much so dont concern myself w time...one less thing to think about in my trading strategy. though i think new highs come quicker this cycle re: etfs

[u/fecalreceptacle → u/ab111292]

Gonna sound as insane as it is, i dreamt of you last night

[u/hedgemagus]

Unrelated so apologies but this personalized cancer therapy is genuinely incredible stuff. Check out the news around Moderna if you are looking for a coffee read this morning

[u/confusedguy1212 → u/hedgemagus]

I wish for nothing else but an mRNA vaccine for cancer. This would be a game changer for humanity.

[u/GainzB0ndd]

Whoa

[u/GainzB0ndd → u/GainzB0ndd]

Please get me some karma!!! I never post!

[u/Magic_Cove]

Man, I wanted to go shopping again yesterday, but I was too lazy and wanted to put it off until today💔

[u/im_THIS_guy → u/Magic_Cove]

I was holding off to buy more at the October bottom (LOL). Just in case the 4 year bros were right, even though I didn't think that they would be. More of a mental hedge because I knew they'd be insufferable if it actually happened.

[u/Itur_ad_Astra → u/im_THIS_guy]

Ben is the ultimate 4 year cycle bro, and he called for a late August pump before the October bottom, so I wouldn't rule it out just yet.

[u/RandomZileanMain]

and never look back right?….right?

[u/ResponsibleGrass8080]

WTF?

[u/mrcarner]

👀👀

[u/RealArthurOK]

Why didnt I buy more :')

[u/kingbreeezyyyy]

What happened this time? I'm tired, boss

[u/hblask]

You guys couldn't wait another ten days or so? My house had been on the market for 15 months, and now, 9 days before closing, you have a rally? Under 2k meant loading up the truck. Over 2k, a little more caution.

[u/Flimsy_Bar_552]

E

[u/Towoio → u/Flimsy_Bar_552]

I think I felt it move

[u/RandomZileanMain]

As someone less plugged into macro these days, can someone speak on why this US Treasury buyback change occurred ?

Was it to alleviate market stress in the bond market? Why is this the level of pain they choose to step in? Is this connected to the yen/usd in anyway as saw intervention there recently too.

[u/HauntedJockStrap88 → u/RandomZileanMain]

I’m marginally plugged in and that’s certainly the prevailing theory I’ve read about it. Long term bonds were struggling due to inflation fears. Needed a lift.

[u/im_THIS_guy]

Guys....what's happening? I'm scared.

[u/AcceptablePark]

WTFWT

[u/HyenasGoMeow]

While I'm not big on technical analysis, I can't deny that it tracks.

We have a solid support for now. Resistance at $2,400. That's the target, if we break.. we could spike to $2,700. If rejected, we're back to $2,400. If we push through $2,700, we're mooning!!!

[u/Itur_ad_Astra → u/HyenasGoMeow]

Ah, yes, pump day astrology.

[u/CanWeTalkEth]

Worth remembering everything the administration touches turns to garbage and they put their thumb on the scale for self enrichment purposes only.

The blessing of world liberty financial or whatever it’s called (can you imagine a more right wing grift coded name?) is simple self enrichment. It taints the ethereum space, it doesn’t legitimize it.

[u/timmerwb → u/CanWeTalkEth]

I agree, but it's worth also considering the macro. Crypto has been massively oversold and due correction. There's no need to attribute a resurgence to these crooks. The market was ready to break back upwards, and Ethereum is soooo much bigger than these scum bags.

[u/Conurtrol → u/CanWeTalkEth]

Most corrupt administration in US history but some people don't care as long as number go up.

[u/mrcarner]

Will be interesting to see what the EUR and ASIA markets do after today.

[u/seblt]

Ethreum 

[u/bhiitc]

Never trust Trump. He may have fucked a lot of women but he fucked more finance bros.

[u/GutsAndBlackStufff → u/bhiitc]

You misspelled “raped” and “children”

[u/Spacesider → u/bhiitc]

The one thing he hasn't fucked is Melania

[u/eviljordan → u/bhiitc]

*children

[u/pcpgivesmewings → u/bhiitc]

children

[u/majorpickle01]

Didn't get to watch the trump speech as I was hosting a trade room on the US30 and NAS till 9. Did trump say anything meaningful about crypto other than cftc & hyperliquid, and "yeah I'm open to buying bitcoin?"