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Bitcoin breaks US$36,000 as SEC enters potential ETF approval period

Bitcoin is up over 32% in the past month.

HSBC’s new service is expected to launch in 2024.

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

Proof Group is also part of the group that won the bid for bankrupt crypto lender Celsius.

Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.

Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.

SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.

The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.

The new ETF will offer investors short exposure to Ether.

October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.