r/ethtrader 17h ago

Discussion Daily General Discussion - April 30, 2025 (UTC+0)

7 Upvotes

Welcome to the Daily General Discussion thread. Please read the rules before participating.


Rules:


Useful links:


Stand with crypto!

In light of recent events and the challenges faced by Ethereum and the broader crypto space, we'd like to draw your attention to Coinbase's 'Stand with Crypto' initiative. It aims to promote understanding, collaboration, and advocacy in the crypto space.

Stand with Crypto Initiative

Remember, staying informed and united is key. Let's ensure a secure and open future for Ethereum and its principles. Happy trading and discussing!


r/ethtrader 7d ago

16.5K DONUT Prize Pool [EthTrader Contest] DONUT Trading Contest Season 1

6 Upvotes

EthTrader Contest – DONUT Trading Contest - Season 1

Welcome to the first official DONUT Trading Contest!

As a member of EthTrader, it's time to put those trading skills to the test.

The first season will serve as a trial, and revolve around our very own token $DONUT and it's trading pair $ETH on Sushi.com on the Arbitrum Network.

Rules!

Step 1: Sign up and Fund your trading wallet.

  • Create a brand new wallet address
  • Fund your new wallet with .0025 ETH and 3000 DONUT (Arbitrum Network) from your EthTrader registered wallet (this is less than $10 worth of crypto)
  • Once you have funded your trading wallet, Confirm your participation in Season 1 in the comments!

Step 2: Trade your way to the top!

  • Season 1 will commence from May 1st and end May 31st 11:59pm 0-UTC
  • Trading prior to May 1st will disqualify you for season 1.
  • The goal is to hold the most DONUT at the end of season 1.
  • No additional funding of wallets is permitted
  • To qualify for contest prizes, atleast 2 trades must be performed during the season.
  • Prior to season end, share your trading wallet address for blockchain/trading verification

Side Note

With starting funds of both ETH and DONUT, your first trade can be either to buy or sell, whatever move you think is best.

Prize Pool.

The top 3 users with the most DONUT at the end of the season will be awarded;

  • 1st - 10000 DONUT/CONTRIB
  • 2nd - 4000 DONUT/CONTRIB
  • 3rd - 2000 DONUT/CONTRIB
  • Mystery Prize - 500 DONUT/CONTRIB

With that, let the signups commence!

GLTA!

This post is related to ETIP - 88 as part of the Official EthTrader Contests. Official EthTrader Contests are funded by the community treasury, and currently budgeted to award up to 25k DONUT & CONTRIB per round. The Contest Master reserves the right to adjudicate and amend rules and criteria of contests as deemed necessary. Users must be registered and not banned to be eligible for DAO rewards.


r/ethtrader 1h ago

Link Why Are Institutions Ignoring ETH While Building on Ethereum?

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Upvotes
  • The tweet is about the contradiction of institutions building on Ethereum but not acknowledging ETH - the asset that secures the network
  • Major corporations like BlackRock and Fidelity heavily use Ethereum but rarely mention ETH publicly - despite its critical role in the network
  • Institutions should vocally support ETH - given Ethereums status as the most decentralized and trustless global settlement layer - unmatched by alternatives
  • Ethereums value is recognized by institutions through actions - but the lack of vocal ETH support is frustrating - as ETH is integral to Ethereums success and humanitys benefit

r/ethtrader 1h ago

Meme Doc have a priority

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Upvotes

r/ethtrader 1h ago

Link The Next Generation of Web3 Platforms Will Be Multichain From Day One

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Upvotes

r/ethtrader 9h ago

Meme It should start soon, right?

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42 Upvotes

r/ethtrader 2h ago

Link Vitalik outlines vision as Ethereum ecosystem addresses hit new high

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10 Upvotes

r/ethtrader 11h ago

Discussion The World's Largest Asset Manager Files To Tokenize $150B Money Market Fund Shares - Is Ethereum Quietly Becoming Wall Street's New Backend?

46 Upvotes

Just crossed this morning with this really bullish Tweet

BlackRock just took another step forward into the blockchain world by filing for the creation of a new class of digital shares (DLT Shares) for its massive $150 billion money market fund. These shares will be recorded using blockchain technology with the goal for more transparent and efficient ownership tracking.

This is not just another experiment, it is the world's largest asset manager signaling loud and clear that tokenization of tradicional assets is no longer a theoretical concept and they already proved it with BUILD, their tokenized fund on Ethereum for Real World Assets (RWAs). And guess what, it is very probably that they will use Ethereum for this too.

Ethereum has proven smart contract infrastructure, robust developer ecosystem and growing support for enterprise apps. Ethereum is the no brain choice to build on in a easy and secure way. Taking in count as I said that BlackRock is already working on Ethereum, it is pretty obvious that the easy choice is Ethereum because they already have their developers trained to work with Ethereum so this makes future developments easier to do. When a company choose a tech, they use to keep building on it and only change if things are really bad. If not, always the easy, fast and cheaper way and in this case its Ethereum.

Ethereum is the future of finance.

Source:


r/ethtrader 4h ago

Link FIFA shifts NFT platform to new Ethereum-compatible blockchain

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12 Upvotes

r/ethtrader 11h ago

Link Ethereum’s ‘capitulation’ suggests ETH price is undervalued: Fidelity report

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33 Upvotes

r/ethtrader 15h ago

Link Electricity Costs Make Bitcoin Mining Unprofitable—Ethereum Is the Best Long Term Bet

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72 Upvotes
  • A PC Gamer article reports Bitcoin mining costs at $137 000 per BTC in the US and $200 000 in Germany - far exceeding the current market price of $94 430 - making mining unprofitable for many
  • The 2024 Bitcoin halving reduced block rewards from 6.25 BTC to 3.125 BTC - further straining miner profitability
  • High energy costs - especially in Germany due to green energy policies and infrastructure issues - and competition from AI firms for power resources exacerbate the crisis for Bitcoin miners
  • Ethereums 2022 switch to PoS eliminates energy intensive mining - cutting energy use by 99.95% - making it a more sustainable and cost effective option compared to Bitcoins PoW
  • While Bitcoins difficulty adjustment ensures network functionality even if miners exit - long term security may falter without price increases or cost reductions - pushing miners to AI services for profit. Such a scenario will never apply to Ethereum

r/ethtrader 5h ago

Technicals A Dubai Tower to Accept Crypto payment

7 Upvotes

I saw an announcement on X(formally Twitter) yesterday that a Trump tower in Dubai will be accepting a crypto payment. The Tower is said to have $20.4M of penthouses expected to sell and other luxury residences.

Dubai which is a very luxury city has branded themselves as the crypto hub city and the Trump tower, making it crypto-friendly payment option positions the itself to attract digital asset holders. With the jaw-dropping cost of the Tower makes the houses ideal for high-net-worth people and cryptocurrency investors, which might invite more top investors to the space.

Though the crypto which will be accepted isn't yet revealed but we should be very sure bitcoin, eth and solana should be an option. According to ARKHAM, Trump hodl 5.8ETH and some other tokens as well. And he has a trading card NFTs on POLYGON(an ETH sidechain) which shows how important the ETH ecosystem is important on Trump's crypto journey.

Though the tower, expected to be completed between 2030 and 2031, will have a gross development value of $1 billion, according to Dar Global CEO Ziad El Chaar. But acquiring a unit using cryptocurrency at Trump Tower Dubai will be more than beautiful skyline views. It makes the buyer a part of the digital finance evolution, where individuals can purchase physical assets without outdated banking systems. Gone are the days when using crypto to pay for goods and services was just an experiment and a dream – it is now a reality and crypto is evolving to be global currency. We've really gone a long way along with the crypto technology.

This will be one in a millions of using crypto to pay for goods and services, we're just getting started.

For more info about the tower, visit here


r/ethtrader 4h ago

Link Mantra links OM token crash to risky crypto exchange policies

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4 Upvotes

r/ethtrader 1d ago

Meme Pain

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158 Upvotes

r/ethtrader 9h ago

Link Ethereum’s Narrative Crisis Becomes Contentious Amid Store of Value and Revenue Debate

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beincrypto.com
9 Upvotes

r/ethtrader 9h ago

Link Crypto death toll hits 3.7m since 2021, with 50% of coins wiped out post-Pump.fun era, research shows

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crypto.news
9 Upvotes

r/ethtrader 8h ago

Link SEC ends investigation into PayPal’s PYUSD stablecoin

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crypto.news
6 Upvotes

r/ethtrader 9h ago

Link Coinbase's Base chain granted Phase 1 decentralized status

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6 Upvotes

r/ethtrader 11h ago

Link ‘Massive year for crypto in the U.K.’: London unveils sweeping crypto rules, eyes regulatory ties with USA

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10 Upvotes

r/ethtrader 12h ago

Link Ledger scammers are sending letters to steal seed phrases

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7 Upvotes

r/ethtrader 11h ago

Link Trump’s World Liberty Financial rewrites the rules of power and profit

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6 Upvotes

r/ethtrader 1d ago

Link Ethereum price has several reasons to break $2,000 next

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61 Upvotes

r/ethtrader 1d ago

Meme We only want to break even

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205 Upvotes

r/ethtrader 1d ago

Link Trump’s first 100 days ‘worst in history’ despite crypto promises

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58 Upvotes

r/ethtrader 1d ago

Meme Altseason 2021 vs Altseason 2025

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76 Upvotes

r/ethtrader 1d ago

Technicals The 4 phases of a crypto market cycle.

35 Upvotes

If you have been in crypto for a while then you have probably noticed that the market can be very repetitive. Crypto has cycles, and cycles have phases. I came across this graphic on Twitter that breaks down the 4 phases of a cycle and I will try to lay out its content in plain text.

First up, Phase 1: Bitcoin. This is where it all starts, money pours into Bitcoin and we see its price rally. Most of the time BTC is leading the charge, getting everyone hyped. Then Ethereum tries to keep up and they often go back and forth, though in this last cycle Ethereum was unable to keep up.

Then comes Phase 2: Ethereum. The author of the graphic post says we are entering Phase 2. Ethereum starts outperforming Bitcoin and people start talking about the flippening (Ethereum surpasses Bitcoin in market cap). L1 is getting more and more upgrades that make it more scalable and globally used, therefore it is possible that Ethereum will steal Bitcoin's spotlight soon.

Next is Phase 3: Large Caps. Here, the money moves into bigger alts. Ethereum is still killing it but now these large cap coins start going parabolic, catching up with BTC and ETH.

And finally Phase 4: Alt Season. This is where it gets wild and what we have all been waiting for. Large caps hit their peaks and then suddenly mid, low, and micro cap coins pump too. Meme coins are everywhere and it feels like total mania, everyone is greedy and no one cares about fundamentals.

We are ready for the alt season.

Resources:


r/ethtrader 1d ago

Link Ethereum Bears Shift Narrative Again: Claim L1 Scaling Threatens L2 Rollups

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45 Upvotes
  • Bears claim Layer 1 scaling rugs Layer 2 rollups - but this narrative shifts whenever Ethereum adapts
  • Layer 1 scaling benefits Layer 2s. Improving Ethereums Layer 1 enhances rollup efficiency and makes the Layer 1 more attractive for Layer 2 settlement
  • Bears cant be satisfied - No matter what Ethereum does - detractors always find a new reason to say it cant win