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According to Gate market data, the German DAX30 index closed up 301.79 points on October 2, an increase of 1.21%, at 25,241.14 points. The UK FTSE 100 index rose by 31.68 points, an increase of 0.3%, at 10,459.95 points. The French CAC40 index increased by 61.88 points, an increase of 0.79%, at 7,897.19 points.

Layer 2 network Blast announced that it will cease operations due to the ongoing maintenance costs of the network exceeding the revenue generated by L2. The team believes there is no credible path to achieve economic sustainability.Blast advises all users to withdraw on-chain assets and balances in the Blast PWA to the Ethereum mainnet and plans to shorten the withdrawal waiting time to 24 hours. However, the team will first process the withdrawal of Lido assets held by Blast, which is expected to take about a week, during which the withdrawal function will be temporarily unavailable.Users can complete withdrawals through the regular Blast interface before October 26. After that, assets can still be withdrawn, but it will require direct interaction with the Blast Bridge contract on Ethereum L1. The team will announce specific operational instructions before the deadline.

The founder of Liebit Mining Pool, Jiang Zhuoer, posted on the X platform stating that the number of ETH queued for withdrawal from staking has risen to 850,000, with the waiting time increasing to 14.77 days, both of which are the highest within 2026. This indicates that a group of coin holders believes the current coin price is relatively high and needs to sell coins to lock in profits.

Circle disclosed that it has responded to the European Commission's targeted consultation on MiCA. Circle stated that MiCA has provided a first-mover advantage for Europe, with approximately 30 types of electronic currency tokens authorized. However, among the top 25 stablecoins by global market capitalization, only 3 are regulated by MiCA, namely USDC, USDG, and EURC, indicating a gap in the regulatory scope of MiCA that fails to cover the largest global tokens.Circle suggests maintaining a multiple issuance structure, where globally circulating stablecoins are jointly issued by EU entities authorized under MiCA and foreign regulatory entities. It also recommends establishing an equivalence and recognition system for foreign regulatory stablecoins similar to EMIR, CSDR, and MiFIR, with the regulatory authority of the issuer's jurisdiction primarily responsible for supervision, while the EU level conducts equivalence recognition and EBA entity approval. Regarding reserve requirements, Circle believes that MiCA's requirement for issuers to deposit at least 30% of reserve assets in commercial bank deposits will increase bank credit and counterparty risk, supporting the European Central Bank to reconsider this requirement, and suggests removing two concentration rules from the EBA technical standards.

Market news reports that Microsoft (MSFT.O) and Amazon (AMZN.O) cloud businesses will face stricter scrutiny from the European Union.

Aave founder Stani Kulechov expressed disappointment on the X platform regarding the responses from the European Central Bank (ECB) and the European Banking Authority (EBA) to the MiCA consultation. He stated that both institutions not only advocate for banning stablecoin payment yields but also propose restrictions on crypto asset service providers (CASP) offering users access to DeFi, including services involving non-MiCA authorized stablecoin yield protocols.Kulechov indicated that the relevant opinions also involve restricting DeFi services to specific user groups through "suitability tests" and potentially establishing a certification system for DeFi lending protocols. He believes that if regulators decide which protocols are suitable for European users, it could lead to more closed ecosystems, weakening the liquidity and network effects of open DeFi, and limiting opportunities for European users to participate in on-chain finance.

Crypto analyst alicharts combines long-term K-line charts of mainstream crypto assets to predict the potential peaks of various mainstream cryptocurrencies in this bull market from a technical analysis perspective as follows: The first target for Bitcoin is the previous high of $125,000. If this high is broken, it may reach the upper boundary of the ascending channel—close to $190,000. The Ethereum monthly chart shows the ascending channel it has followed over the past 5 years, with the upper boundary around $5,000 being a level to watch. If this level is broken, the expected trend will point towards $8,800.The SOL monthly chart appears to be forming a cup and handle pattern, with the neckline around $295. If the monthly close breaks this line, it will strengthen the bullish case, with the potential target of this pattern expected to be close to $2,744.

According to Gate market data, due to the growing demand for artificial intelligence-related stocks, European semiconductor companies' stock prices have generally risen. Micron Technology reported strong quarterly results, and ASML and ASM International's stock prices rose by 2.3% and 4.1%, respectively.BE Semiconductor Industries rose by 2.6%, Infineon Technologies rose by 4.6%, and STMicroelectronics rose by 2.7%.

According to The Block, the European Central Bank has proposed three models for introducing central bank digital currency on the blockchain, including direct issuance, establishing bridging mechanisms, and implementation through private intermediaries.These models can provide settlement support for transactions such as tokenized securities, bank deposits, and stablecoins on distributed ledger technology networks.

According to Reuters, citing informed sources, EU countries discussed the U.S. request to release diesel stocks and the issue of the U.S. threatening to impose a diesel export ban during a meeting on Friday. The U.S. has requested that major European countries release 800,000 tons of diesel within six months.

The yield spread between 10-year government bonds in France and Germany has risen to its highest level since 2012, continuing the significant widening trend observed on Thursday. Strategists at Commerzbank noted that the widening spread has spread to high-debt countries such as Italy, Belgium, and Greece. The spread between French 10-year government bonds and German government bonds once reached 149.17 basis points.

According to SoSoValue data, the total net outflow of Ethereum spot ETFs yesterday was $55.3727 million.The Ethereum spot ETF with the highest single-day net inflow was Grayscale Ethereum Trust ETF ETH, with a single-day net inflow of $1.5463 million, and the total historical net inflow for ETH has reached $2.022 billion.The Ethereum spot ETF with the highest single-day net outflow was Fidelity ETF FETH, with a single-day net outflow of $23.5039 million, and the total historical net inflow for FETH has reached $2.364 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs was $17.714 billion, with an ETF net asset ratio (market cap as a percentage of total Ethereum market cap) of 5.38%, and the historical cumulative net inflow has reached $13.839 billion.

According to The Block, the Ethereum Foundation has launched zkAPI on the Ethereum mainnet, a solution co-authored by Vitalik Buterin.zkAPI allows users to pay for artificial intelligence and other APIs using pre-stored ETH or USDC through zero-knowledge proofs, making it impossible for service providers to associate specific requests with the payer.

Austrian Bitcoin platform 21bitcoin announced that starting today, it will pay an annual interest rate of 1.21% on customers' uninvested euro balances, allowing customers to choose to receive it in BTC form without any exchange fees. The company claims to be the first service provider in Europe to directly pay savings interest in Bitcoin.The interest covers all euros in the account, including funds waiting for the next savings plan purchase or funds reserved for unexecuted limit orders, with no minimum deposit requirement and no lock-in period. The interest is paid by Germany's Volksbank Raiffeisenbank Bayern Mitte eG, which has held shares in 21bitcoin since 2023. Customers' euros are stored in a demand savings form in the bank's segregated trust account, and 21bitcoin states that it will pass on the full interest to customers without retaining any interest margin.This interest rate is a floating rate, and the interest is subject to German withholding tax. This launch follows the earlier introduction of a zero-fee Bitcoin savings plan earlier this year. 21bitcoin was established in 2021, holds an Austrian MiCAR license, and is authorized by Germany's BaFin, reporting over 100,000 users and a trading volume exceeding 650 million euros.

EIP-8363 co-sponsor Jérôme de Tychey announced the withdrawal of the application to include the proposal in the Hegotá hard fork, and the discussion on the related issuance policy will shift to an independent topic.

According to a report by Reuters, Citigroup has raised its price forecasts for Bitcoin and Ethereum over the next 12 months, citing reasons such as increased activity in the cryptocurrency market, a supportive macroeconomic environment, and the resumption of ETF fund inflows.Citigroup has raised its 12-month target price for Bitcoin from $82,000 to $113,000, and its target price for Ethereum from $2,240 to $3,028.In a report released on Wednesday, Citigroup stated that it expects inflows into the cryptocurrency market to resume, but at a slower and more stable pace than before, as advisory firms and brokerages gradually increase their Bitcoin allocations, which is likely to sustain the inflows.Citigroup anticipates that there will be $5 billion in inflows into the cryptocurrency market over the next 12 months. The U.S. Senate failed to advance the CLARITY Act last week. This bill aims to establish a regulatory framework for digital assets, and its blockage poses a certain setback for the entire cryptocurrency industry. Following the U.S. Treasury's recent repurchase of long-term government bonds, the dollar weakened, reigniting the upward momentum in the cryptocurrency market.

According to SoSoValue data, yesterday (Eastern Time September 30) the total net outflow of Ethereum spot ETFs was $59.5825 million.The Ethereum spot ETF with the highest single-day net outflow yesterday was Fidelity ETF FETH, with a single-day net outflow of $26.6020 million. Currently, FETH has a historical total net inflow of $2.388 billion.The second was Grayscale Ethereum Trust ETF ETH, with a single-day net outflow of $25.4762 million. Currently, ETH has a historical total net inflow of $2.020 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs was $17.596 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 5.37%, and the historical cumulative net inflow has reached $13.895 billion.

According to sources from Reuters, the United States hopes the European Union will release 120 million barrels of diesel within the next six months. The United States has informed France and Germany that emergency diesel reserves should be released, or they may face a ban on U.S. diesel exports.

According to Gate market data, the German DAX30 index opened down 165.19 points, a decrease of 0.66%, at 25,034 points; the UK FTSE 100 index fell 116.75 points, a decrease of 1.1%, at 10,489.25 points; the French CAC40 index dropped 49.6 points, a decrease of 0.62%, at 7,914.91 points; the Euro Stoxx 50 index declined 27.07 points, a decrease of 0.43%, at 6,241.95 points.

Bitmine Chairman Tom Lee stated that Ethereum DAT currently holds 7% of the ETH supply, and this proportion may rise to 15% during this cycle.