Archives: Fast News

  • China to introduce revised crypto AML regulations by 2025

    China to introduce revised crypto AML regulations

    China is set to make a major amendment to its Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions.

     

    The revised AML law will be signed into law by 2025.

  • Tether reports $6.2 billion profit in 2023

    Tether reports $6.2 billion profit in 2023

    Tether reports $6.2 billion profit in 2023

    Stablecoin issuer Tether reported a “record-breaking” $2.85 billion of profits last quarter as its flagship token USDT neared a $100 billion market capitalization.

     

    $1 billion of the profit came from the interest earned on the company’s vast U.S. Treasury. The rest came “primarily” from appreciation of Tether’s other investments such as Bitcoin (BTC) and gold.

  • Whale Alert BTC

    1,200 BTC (50,567,407 USD) transferred from Coinbase to Unknown wallet. Blockchain: Bitcoin

  • Thailand’s SEC breaks new ground in 2024 with crypto-friendly rules

    Thailand’s SEC breaks new ground in 2024 with crypto-friendly rules

    Thailand’s SEC breaks new ground in 2024 with crypto-friendly rules

    The Securities and Exchange Commission (SEC) of Thailand is transitioning toward more crypto-friendly regulations, with an updated framework published earlier this month.

     

    This month’s removal of the investment limit for retail investors in digital tokens backed by real estate or infrastructure marks a significant shift.

  • Bitcoin (BTC) drops 2% as Fed keeps rates unchanged.

    Bitcoin (BTC) drops 2% as Fed keeps rates unchanged.

    The Federal Reserve opted to keep interest rates steady, maintaining the target rate at 5.25% to 5.5%.

     

    Bitcoin saw a negligible decline of 2% following the Fed’s announcement.

  • Jupiter (JUP) skyrockets 2,044% after 10 hours, market capitalization reaches 870 million USD

    Jupiter (JUP) skyrockets 2,044% after 10 hours, market capitalization reaches 870 million USD

    Jupiter (JUP) skyrockets 2,044% after 10 hours, market capitalization reaches 870 million USD

    After only 10 hours since launching, JUP’s market capitalization has skyrocketed to 870 million USD.

     

    With this achievement, JUP has now surpassed its competitors to become the 70th largest coin by market capitalization.

  • Ether could hit $4,000 with likely spot ETH ETF approval in May

    Ether could hit $4,000 with likely spot ETH ETF approval in May

    Ether could hit $4,000 with likely spot ETH ETF approval in May

    BTC surged 85% from around $25,000 in mid-June – when asset management giant BlackRock filed for an ETF – to roughly $47,000 when the spot ETFs won approval on January 10.

     

    Ether (ETH) could rise nearly 70% from current levels and hit $4,000 by May as applications for spot-based exchange-traded funds (ETF) will likely win regulatory approval in the U.S., Standard Chartered Bank reported.

  • Whale Alert BTC

    3,551 BTC (148,967,197 USD) transferred from Coinbase Institutional to Unknown wallet. Blockchain: Bitcoin

  • Whale Alert BTC

    1,408 BTC (59,065,255 USD) transferred from Coinbase Institutional to Unknown wallet. Blockchain: Bitcoin

  • Whale Alert BTC

    1,403 BTC (59,595,406 USD) transferred from Coinbase Institutional to Unknown wallet. Blockchain: Bitcoin