The United States Office of Foreign Assets Control sanctioned the Tornado Cash mixer in 2022 — accusing it of facilitating money laundering.

According to data from CoinMarketCap, the price of Ethereum slipped by 10.23% over the last seven days in line with the general market negative movement. This crypto market downturn has been attributed to multiple factors including heightened geopolitical tensions in the Middle East and rising liquidations of long positions.

One “emerging trend” could potentially give Solana (SOL) an edge over Ethereum (ETH) in the war for smart contract supremacy, according to an analysis from the digital asset banking group Sygnum. The bank acknowledges in a new report that Solana has some overstated volume metrics and only a small portion of Ethereum's market share.

The following is a guest post by Rob Viglione, CEO of Horizen Labs. In the past year, there have been some major milestones along the Ethereum roadmap that have leveled up the network.

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures.

Amid increased price volatility in the cryptocurrency market, top tokens continue recording a mixed price sentiment. Moreover, limelight tokens such as Bitcoin, Ethereum, and XRP are currently hovering close to critical ranges.

ETH is facing selling pressure, lower fees, and underperformance after the Dencun upgrade.

The Solana price is up 1.88% in the last 24 hours following the broader market relief rally. The bullish turnaround allowed the SOL buyers to reclaim 200 days, accentuating the prevailing bullish trend.

Hashkey Capital, one of Asia's largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account abstraction, and developments in decentralized finance (defi).

POPCAT, a Solana meme coin, has reached a new all-time high (ATH) following a significant rally. The coin surged by 109% over the past month, crossing the crucial $1.00 resistance barrier and reaching $1.29.

Ethereum trades at $2.4K, moderately spiked over the past 24 hours. ETH price influences the altcoin market sentiment and activity.

Recent data indicates that Ethereum staking yields are poised to surpass U.S. interest rates, underscoring the increasing relevance of cryptocurrencies in today's financial landscape. As the market expands, the evolution of crypto wallets becomes crucial.

Story Highlights The live price of POPCAT crypto is . The Popcat (SOL) price is expected to reach a high of $1.24 in 2024. With a potential surge, the price may achieve a top of $6.01 by 2030. Popcat (SOL) is a Solana-based memecoin that features a short-haired domestic cat named “Oatmeal”.

As the blockchain ecosystem expands, Solana aims to stay ahead of increasing demand through technical innovation and proactive problem-solving. Solana's ability to handle more transactions than all other blockchains combined demonstrates its live operational capabilities.

Although Ethereum has increased by 5.70% in the past three days, the short-term outlook remains uncertain. A close look at on-chain metrics reveals sell signals that hint at an incoming Ethereum price crash that could fool investors.

On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day's trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.

In the last 24 hours, Solv Protocol, a leading Bitcoin staking platform, with a 24-hour protocol fee of $1.48m, has emerged as the sixth largest among the protocols. Interestingly, Solana, with $1.24m in fees, and Uniswap, with $1.15m in fees, have been pushed down to eighth and ninth positions, respectively.

Ethereum (ETH) has seen a 10.3% drop from last week's highs following the recent market downturn. Its performance has worried many analysts and investors, considering ETH could be near another correction.

Bitcoin's price hovers around $60,900, the cryptocurrency market is enveloped in a cloud of uncertainty. With volatility impacting many digital assets, analysts are closely examining the price trajectories of both Bitcoin and Ethereum.

The future of Ethereum lies in its ability to scale, integrate real-world assets, and foster a thriving community across its ecosystem.

What's going on with Solana lately and can it change soon?

Cosmos developer Interchain Foundation sold 4,000 ETH (worth $9.5 million) just 27 hours ago!

A widely followed cryptocurrency analyst and trader is turning bullish on a top Ethereum (ETH) rival while offering his insight on XRP and decentralized finance (DeFi) protocol Curve DAO (CRV).

Ethereum co-founder Vitalik Buterin has endorsed a significant update to the SuperchainERC20 protocol, as detailed in a recent GitHub pull request by Optimism. This redesign introduces a new cross-chain interface, fostering greater cooperation among Ethereum infrastructure entities and solidifying a more unified ecosystem.

According to the latest Binance Research report, the Ethereum (ETH) issuance rate continued to rise in September 2024, raising concerns about the digital asset's “ultrasound money” claim. Ethereum Issuance Rate Continues To Surge In its October 2024 Monthly Market Insights report, Binance Research highlighted that the ETH issuance rate continued its ascent in September, moving away from its previously deflationary status.

SOL may be nearing a potential breakout, with whale activity and key resistance levels in focus.

The Solana chain has experienced a strong bullish recovery over the past few days. Moreover, some projects have recorded a three-digit surge over the past month. This indicates a resurfacing of investor's interest in this blockchain.

The overall crypto market is recovering, and amid this, Solana (SOL) is poised for a massive upside rally as its daily chart has formed a bullish price action pattern.

Cryptocurrency News Today: The crypto space has risen positively over the previous day, the upward momentum has resulted in a 1.64% increase in market cap to $2.16 Trillion. While the intraday trading volume saw an 18.35% drop with numbers at $66.

Ethereum vs Solana has long been a rivalry that has caught the attention of the crypto-community.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been under significant selling pressure lately. Over the past week, Ethereum's price has dropped nearly 10%, raising concerns about its future trajectory.

Ethereum's recent attempt to break above the multi-month descending channel's middle threshold of $2.6K has turned out to be a false breakout, leading to a notable rejection and sharp decline. This pattern suggests a potential mid-term continuation of the downtrend toward the $2.1K support level.

Solana wasn't spared the hammering of early October. As of October 4, there are pockets of strength, but the downtrend remains.

Anatoly Yakovenko, the co-founder and CEO of Solana, has openly criticized the Biden administration for its shortcomings in job creation, particularly in the tech and cryptocurrency sectors. In light of recent regulatory challenges faced by Solana and other crypto companies, Yakovenko argues that U.S. policies are pushing valuable job opportunities overseas, ultimately hindering innovation and economic growth.

It appears that the recent price crash is just the beginning, as whales and institutions have sent a significant amount of Ethereum (ETH) to exchanges.

Ethereum, the second-largest cryptocurrency by market cap, has seen significant downward pressure recently, reflecting the overall sentiment in the crypto market. With Bitcoin and other major altcoins also suffering, Ethereum's price has dipped below $2,400, and traders are now looking to a key support level around $2,350 for clues on where the coin might head next.

After testing the crucial 100 EMA support level, Shiba Inu has demonstrated a robust price recovery. Bulls are still actively defending important price thresholds, as indicated by this bounce, and the next 48 hours may be very important in determining the short-term trajectory of SHIB.

Contrary to the anticipated “Uptober” rally, the cryptocurrency market has experienced a significant downturn, largely driven by geopolitical tensions in the Middle East. Major assets have seen their values decline, with some retesting multi-week lows.

The cryptocurrency market is currently navigating a turbulent landscape, marked by significant declines and unexpected price movements. Ethereum (ETH), Bitcoin (BTC), and XRP are at the forefront of this ongoing saga, each facing unique challenges and market dynamics that have left traders and investors on edge.

A recent whale dump has fueled fear, but a deeper pullback may signal a potential market bottom.

Solana's (SOL) value is struggling to gain traction after failing to break over the critical $161 resistance level in the past two months.

The FTX $12.7 billion repayment is a bullish catalyst many never expected, considering the exchange's collapse was behind the 2022 bear market. With fresh liquidity to be injected into the crypto market, Binance Coin (BNB) and Solana (SOL) are altcoins to watch. Meanwhile, whales have been positioning themselves ahead of the upcoming bull run.

Asset manager Bitwise will combine three Bitcoin and Ethereum futures ETFs into a single offering with a momentum-based strategy.

An early Ethereum ICO buyer moved several tranches of coins in the past few days. The market absorbed the selling, but ETH sentiment suffers when older holders show signs of divesting or abandoning the project with profit-taking.

Ethereum (ETH) price is facing a critical moment as it hovers near strong resistance and support levels. Recent market metrics, including the Net Unrealized Profit/Loss (NUPL) and whale activity, suggest a cautious sentiment among investors.

Although Ethereum's rise to major highs might be near, the asset still needs to accomplish some declines.

Cryptocurrency markets are trading higher on positive labor market data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,356.18 +2.7% Ethereum (CRYPTO: ETH) $2,432.81 +3.8% Solana (CRYPTO: SOL) $143.92 +5.7% Dogecoin (CRYPTO: DOGE) $0.1094 +5% Shiba Inu (CRYPTO: SHIB) $0.00001751 +10.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 10.9%.

Bitwise plans to shift three of its Bitcoin and Ethereum futures ETFs from their current long-only strategies to ones that alternate between crypto and US Treasuries, according to an Oct. 4 statement.