Bitcoin hits two-week high after breaching $6,500

Bitcoin rallied to two-week highs on Friday after passing the $6,500 barrier, heading for the fourth profit in a row and aiming at $7,000 as investment demand improves on crypto assets. 

At Bitstamp, Bitcoin rose $146, or 2.2% to $6,638, with an intraday low at $6,333, and the highest since September 6 at $6,658. 

Bitcoin rose 1.6% on Thursday, the third profit in a row, as investment demand improved on most cryptocurrencies. 

Bitcoin is up 2.5% so far this week, potentially heading for the second weekly profit in a row. 

Market value of cryptocurrencies rose $6 billion on Friday to $213 billion, the highest since September 6. 

The U.S. Securities and Exchange Commission (SEC) has asked for further public comment ahead of its upcoming decision on listing and approving a Bitcoin exchange traded fund.

That fund is backed up by investment firm VanEck and financial services company SolidX, and has real Bitcoins as reserves to back up trading. 

If approved, the fund will be listed on the Chicago Board of Exchange (CBOE) BZX Equities Exchange (BZX).

Otherwise, Malta-based Binance, one of the biggest crypto exchanges in the world, is hiring new employees in Singapore and the UK as the company expands its workforce from the current 300. 

Earlier this week, Binance announced the beta launch of a new fiat-crypto exchange in Singapore as part of the company's global expansion. 

In Japan, and in response to yet another security breach at Zaif, one of the most notable crypto exchanges in the country, the Financial Services Agency (FSA) has launched an investigation into the platform and all others registered with the agency, amounting to just 16. 

Zaif reported a hack that led to a loss of 6,000 Bitcoins and other cryptocurrencies, amounting to $60 million.