Greg Moritz News Today

The U.S. SEC has approved applications to list exchange-traded funds (ETFs) that invest directly in Ethereum. Read more here.

Bitcoin briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled.

The largest digital asset briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled.

The cryptocurrency hedge fund industry is witnessing a robust recovery from a challenging 2022.

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Smaller tokens like BNB and Avalanche also pushed higher.

The CEO of the largest crypto exchange pleads guilty to anti-money-laundering violations. Binance will pay $4.3 billion in fines.

Ether-futures-based exchange-traded funds may increase institutional adoption of crypto, but are not necessarily beneficial to crypto prices in the medium term.

This is the latest Distributed Ledger column from MarketWatch: a weekly look at the most important moves and news in crypto.