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Blast L2 Shutdown: What Went Wrong for Ethereum’s Layer 2?
Blast, the Ethereum Layer 2 network launched by Blur founder Pacman, is shutting down after a dramatic revenue collapse. Here’s what went wrong and what it means for the future of L2s.
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Bitcoin Price Taps $87K as SEC Unlocks Institutional Custody
Bitcoin briefly reclaimed $87,000 for the first time since September, driven by weak U.S. jobs data and a major SEC custody proposal aimed at unlocking institutional investment. The move signals growing convergence between traditional finance and digital assets.
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Bitcoin ETFs Kick Off Uptober with $103M Inflow
Bitcoin spot ETFs saw $103M in inflows as Uptober began, signaling renewed institutional interest. Meanwhile, Ether ETFs posted a third straight day of outflows, highlighting a growing divergence between BTC and ETH.
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Citi Raises Bitcoin Target to $113,000 and Ethereum to $3,028
Citigroup has raised its Bitcoin price target to $113,000 and Ethereum to $3,028, forecasting $5 billion in ETF inflows over the next 12 months. Here’s what this bullish outlook means for crypto investors.
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Citi Raises Bitcoin Price Target to $113K: What It Means
Citigroup has raised its 12-month Bitcoin target to $113,000 and Ether to $3,028 — its third revision of 2026. The move reflects renewed ETF inflows and growing institutional confidence, even as analysts remain cautious compared to earlier forecasts.
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MiCA Regulation: ESMA Targets DeFi — Morpho Sounds the Alarm
ESMA proposes new MiCA rules targeting DeFi intermediaries. Morpho welcomes progress but warns the framework could create legal complexity that drives innovation out of Europe. Here’s what crypto users need to know.
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Circle Pushes EU to Rethink Stablecoin Reserve Rules
Circle has submitted a formal proposal urging the EU to revise MiCA’s stablecoin reserve requirements. The move could reshape European crypto regulation, influence the digital euro rollout, and impact how stablecoins like USDC operate across the continent.
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SparkLend Hits 600K ETH Deposits: What This Means for DeFi
SparkLend has surpassed 600,000 ETH in deposits, setting a new all-time high. The milestone reflects growing user confidence in conservative DeFi lending protocols and highlights Ethereum’s expanding role in decentralized finance.