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Tag: Ethereum

Blast to shut down Ethereum layer-2 after costs exceed revenue, sets Oct. 26 exit

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Paradigm-backed Ethereum layer-2 Blast said Friday it will wind down because operating costs exceed revenue and it sees no credible path to sustainability. Users have until Oct. 26 to withdraw through the normal interface; withdrawals pause for about a week while Blast exits Lido, then resume with a 24-hour delay. Total value locked is a little over $32 million, down from more than $2 billion ahead of the February 2024 mainnet, and BLAST fell...

Cryptocurrencies, Ethereum, News

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Bitcoin Hits Eight-Month High Near $85,000 After ETF Inflows and Short Squeeze

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Bitcoin traded as high as about $85,200–$85,400 on Monday, 21 September 2026, its strongest level since late January, after U.S. spot Bitcoin ETFs finished last week slightly in the black and a short-covering cascade forced buying. The global market cap recovered toward $2.8–$2.9 trillion. The bounce followed midweek shocks: the Federal Reserve’s first rate increase in more than three years and a failed Senate cloture vote on the CLARITY...

Altcoins, Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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Shiny Coins #25 – Zcash Tags ,300 as CPI Hands the Bid to Ethereum

Shiny Coins #25 – Zcash Tags $1,300 as CPI Hands the Bid to Ethereum

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Saturday, September 12, 2026. Bitcoin last printed around $77,280, down −3.0% on seven days that hid two circuses. The tape leaked from last Friday’s ~$79,670 close into the mid-$76,000s, then August CPI landed: headline +0.4% / +3.4% year-over-year in line, core +0.3% versus 0.2% expected, annual core 2.4%. Bitcoin wicked to roughly $76,050, ripped toward $79,800, and parked back at $77k. Spot bitcoin ETFs flipped last week’s $731 million...

Altcoins, Ethereum, Yield farming

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Bitcoin’s 23% Weekly Surge: Treasury Buybacks and CLARITY Momentum Fuel Crypto Rally

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Bitcoin holds near $77,000–$78,500 after its strongest weekly performance in years, climbing roughly 22–24% from the mid-$62,000s–$64,000 range to highs above $79,000. The move marked the largest single-week dollar gain on record (about $14,000) and the second-best weekly percentage advance since early 2021. U.S. Treasury expansion of long-dated bond buybacks to at least $4 billion eased yields, weakened the dollar and revived the...

Bitcoin, Crypto market, ETF, Ethereum

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Bitcoin Holds Above $80,000 as ETF Inflows and Treasury Buybacks Fuel Rally

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Bitcoin briefly touched $81,000 and is holding above the $80,000 level for the first time since May. U.S. spot Bitcoin ETFs recorded approximately $1.9 billion in net inflows last week, the strongest since October 2025. The rally was triggered by a U.S. Treasury decision to expand long-dated bond buybacks, leading to over $3 billion in short liquidations. Analysts view the move as a catch-up trade amid lagging performance versus other risk...

Bitcoin, Cryptocurrencies, ETF, Ethereum, News

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