Browsing: Ethereum

Ethereum Layer 2 Blast will shut down operations by the end of October, citing challenging operational costs. In an X post, the team said they didn’t see a “credible path” to make the chain economically sustainable. The economics of operating the chain no longer make sense: the ongoing costs of maintaining Blast exceed the revenue…

Ethereum is trading around $2.75K after holding a multi-week consolidation above $2.4K. The broader structure remains constructive, but ETH is now pressing into an important resistance area where the reaction could determine whether the current advance extends toward the next major supply zone.

Circle has urged the European Commission to remove fixed bank deposit requirements for stablecoin reserves as the EU reviews its Markets in Crypto Assets regulation. Circle urged the European Commission to reconsider MiCA rules requiring stablecoin issuers to hold at least 30% of reserves in commercial bank deposits, rising to 60% for significant issuers. The…

TradingKeySep 27, 2026 2:10 AM View all comments(0)  • Regulatory clarity on staking reduced legal risks and encouraged institutional inflows. • Spot Ethereum ETFs and reduced exchange supply drove upward price pressure. • Derivatives positioning normalized while technical indicators suggested a neutral to buy condition.