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Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation

Ethereum ETH

CryptoSlate Oct 7, 2026 18:58

Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation

Ethereum’s slide toward $2,500 has put about $1.35 billion of leveraged long positions at increasing risk of liquidation. CoinMarketCap data showed roughly $1.35 billion of ETH long exposure sat at liquidation levels below the prevailing price, compared with about $999.78 million of shorts vulnerable above it. The figures represent positions exposed across a range of […] The post Ethereum falls 6%, leaving $1.35 billion in long bets at risk of liquidation appeared first on CryptoSlate.

1 min read

Ethereum ETH

As Japanese institutions sell ¥2.6 trillion in foreign debt, here’s what Bitcoin investors need to watch

Ethereum ETH

CryptoSlate Oct 7, 2026 17:42

As Japanese institutions sell ¥2.6 trillion in foreign debt, here’s what Bitcoin investors need to watch

Japan’s October 6 auction drew firmer demand at a higher yield after earlier foreign-debt sales, raising a potential Bitcoin financing risk. The post As Japanese institutions sell ¥2.6 trillion in foreign debt, here’s what Bitcoin investors need to watch appeared first on CryptoSlate.

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Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

Ethereum ETH

CoinDesk Oct 7, 2026 12:58

Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases

Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in mid-2025 and made the company the world's largest Ethereum treasury.

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Ethereum ETH

The shrinking economics of Ethereum layer 2s

Ethereum ETH

CryptoNews Oct 7, 2026 11:39

The shrinking economics of Ethereum layer 2s

Ethereum made rollup transactions cheaper by giving them lower cost data space. The savings helped users and applications, but they also made it harder for a small chain to earn enough from transaction fees to support a sequencer, bridge, security…

1 min read

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Why Abstract is killing its Ethereum L2 instead of launching a token to save it

Ethereum ETH

CryptoSlate Oct 7, 2026 10:25

Why Abstract is killing its Ethereum L2 instead of launching a token to save it

Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red Bull Racing. The consumer-focused Ethereum layer-2 (L2) cited stagnant growth, thin liquidity, restricted DeFi activity, and limited institutional crossover. Igloo CEO Luca Netz said the company had lost “tens of millions of […] The post Why Abstract is killing its Ethereum L2 instead of launching a token to save it appeared first on CryptoSlate.

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Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down

Ethereum ETH

CryptoNewsCom Oct 7, 2026 09:08

Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down

ETH trades below $2,700 as Blast winds down its Layer 2. Key Ethereum support, $2,800 resistance and Glamsterdam testnet milestones to watch. The post Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down appeared first on Cryptonews.

1 min read

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Kalshi gold trading beats Ether just weeks after launch

Ethereum ETH

CryptoNews Oct 7, 2026 07:13

Kalshi gold trading beats Ether just weeks after launch

Kalshi’s 15-minute gold markets logged 542 million September contracts and $5 million in estimated fees, overtaking comparable Ether markets.

1 min read

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Why is crypto market going down today?

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CryptoNews Oct 7, 2026 06:54

Why is crypto market going down today?

Crypto prices fell as oil climbed, Treasury yields and the dollar rose, while more than $400 million in leveraged longs were liquidated.

1 min read

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Open USD supply hits $666 million as 10 wallets trap most tokens

Ethereum ETH

CryptoSlate Oct 7, 2026 00:36

Open USD supply hits $666 million as 10 wallets trap most tokens

Crystal’s October 5 snapshot found $396 million unmoved in eight Tempo wallets, while customer activity inside custody accounts remains unknown. The post Open USD supply hits $666 million as 10 wallets trap most tokens appeared first on CryptoSlate.

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Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’

Ethereum ETH

TheBlock Oct 6, 2026 20:13

Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ‘tens of millions’

Abstract, the Pudgy Penguins-backed Ethereum L2, will shut down on Dec. 15. Users must bridge assets off before then.

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Ethereum price eyes $2,800 as analysts await range breakout

Ethereum ETH

CryptoNews Oct 6, 2026 16:20

Ethereum price eyes $2,800 as analysts await range breakout

Ethereum price has held near $2,718 on Oct. 6 as positive short-term money flow and bullish analyst views face a five-session withdrawal streak from US spot Ether ETFs. ETH remains above nearby technical support, but its recent trading range leaves…

1 min read

Ethereum ETH

Ethereum Price Analysis: ETH Loses Steam at Key Resistance – Is a Pullback Coming?

Ethereum ETH

CryptoPotato Oct 6, 2026 15:58

Ethereum Price Analysis: ETH Loses Steam at Key Resistance – Is a Pullback Coming?

Ethereum is holding near $2.7K after a strong recovery from the summer lows, but the latest price action suggests that momentum has cooled. ETH is now compressed inside a narrowing structure at the 2.7K-2.8K resistance area, while the taker buy/sell ratio has weakened, pointing to more cautious short-term positioning. Ethereum Price Analysis: The Daily Chart […]

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Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth

Ethereum ETH

CoinDesk Oct 6, 2026 13:13

Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth

The Ethereum layer-2 is backing Paxos-issued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve economics.

1 min read

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Best crypto to buy in October 2026: Five coins to look at

Ethereum ETH

CryptoNews Oct 6, 2026 10:38

Best crypto to buy in October 2026: Five coins to look at

October’s strongest established crypto candidates have liquid markets, active developer communities and events that can be checked against public records. Bitcoin, Ethereum, Solana, BNB and XRP each meet the longevity test, but their October cases depend on different things. A…

1 min read

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Parataxis Ethereum drops Korea merger over delisting risk

Ethereum ETH

CryptoNews Oct 6, 2026 08:44

Parataxis Ethereum drops Korea merger over delisting risk

Parataxis Ethereum has canceled its merger with Parataxis Korea as a delisting court fight and shareholder cash-out risk clouded the deal.

1 min read

Ethereum ETH

Ethereum could make moving between L1 and L2 much easier

Ethereum ETH

CryptoNews Oct 6, 2026 08:06

Ethereum could make moving between L1 and L2 much easier

Ethereum’s EEZ has completed an atomic L1-to-L2 mainnet test carrying 0.001 ETH, allowing linked actions to succeed or fail together.

1 min read

Ethereum ETH

Ethereum Price Prediction: Last-Minute Glamsterdam Fix Sets Stage for 200M Gas Jump

Ethereum ETH

CryptoNewsCom Oct 6, 2026 07:10

Ethereum Price Prediction: Last-Minute Glamsterdam Fix Sets Stage for 200M Gas Jump

ETH trades at $2,696.55 as Glamsterdam tests a 200 million gas limit on Sepolia. Key ETH levels, risks and catalysts to watch. The post Ethereum Price Prediction: Last-Minute Glamsterdam Fix Sets Stage for 200M Gas Jump appeared first on Cryptonews.

1 min read

Ethereum ETH

Ethereum is testing how much cheaper block space it can safely create

Ethereum ETH

CryptoNews Oct 6, 2026 05:53

Ethereum is testing how much cheaper block space it can safely create

Ethereum has prepared to test a 200 million gas limit on Sepolia under the Glamsterdam upgrade, putting more than three times the network’s previous block capacity through a public test before developers decide what could eventually work on mainnet. According…

1 min read

Ethereum ETH

ZachXBT infiltrates $1B crypto syndicate to expose Lazarus Group

Ethereum ETH

CryptoSlate Oct 5, 2026 21:03

ZachXBT infiltrates $1B crypto syndicate to expose Lazarus Group

His October 5 disclosure describes 2025 trades and private chats that he says helped trace Bybit funds and secure a 442,000 USDT freeze. The post ZachXBT infiltrates $1B crypto syndicate to expose Lazarus Group appeared first on CryptoSlate.

1 min read

Ethereum ETH

Aave hikes GHO borrow rates to rescue depleted stablecoin pools

Ethereum ETH

CryptoSlate Oct 5, 2026 18:50

Aave hikes GHO borrow rates to rescue depleted stablecoin pools

Core borrowing is indexed at 4.50%, while stablecoin exits depend on reserve inflows, conversion routes and funding duration. The post Aave hikes GHO borrow rates to rescue depleted stablecoin pools appeared first on CryptoSlate.

1 min read

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