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Bitcoin ETF Trading Volumes Soar, Outpacing 2023 Launches by Threefold

In a remarkable turn of events, the trading volumes of 10 recently approved spot Bitcoin exchange-traded funds (ETFs) on January 16 have eclipsed the total volume of all 500 ETFs...
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South Korea Explores Sanctions on Crypto Mixers Amid Rising Money Laundering Concerns

In response to the escalating use of crypto-mixing services for illicit activities, the South Korean government is contemplating the implementation of sanctions, mirroring steps taken by the United States. According...
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CoinNewsExtra Chronicles Nigeria’s Blockchain and Fintech Evolution in Groundbreaking Documentary Series

CoinNewsExtra, a pioneering media outlet in Nigeria’s emerging tech landscape, announces an ambitious endeavor to encapsulate Nigeria’s remarkable journey in Blockchain and Fintech through a captivating documentary series. In recent...
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MicroStrategy’s Bitcoin Investment Rakes in Over $800 Million in 2024

The resilient surge in Bitcoin’s value has propelled MicroStrategy, an American software technology firm, to record-breaking gains, amassing over $800 million in profits from their BTC investments in 2024. According...
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Coinbase Ventures into EU Derivatives Market

Coinbase, the leading U.S. cryptocurrency exchange, is eyeing the lucrative European Union market, revealing plans to introduce crypto-linked derivatives. The company disclosed its exclusive agreement to acquire an unnamed holding...
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Matrixport Analyst Foresees SEC Rejecting Bitcoin Spot ETF Proposals Amid Compliance Concerns

Matrixport analyst Markus Thielen diverges from market expectations, predicting that the Securities and Exchange Commission (SEC) will dismiss all bitcoin spot ETF proposals in January. Despite recent interactions between filers...
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Grayscale’s Bitcoin ETF Application Raises Eyebrows Amid Missing Participant Details

Image credits: coinmarketcap Cryptocurrency asset manager Grayscale has stirred speculation after an amended filing for a Bitcoin exchange-traded fund (ETF) excluded crucial details about its authorized participants, raising concerns among...
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Bitcoin Mining Operation Busted in Indonesia for Electricity Theft Worth Nearly $1 Million

A recent report has shed light on a significant crackdown by the North Sumatra Police Force in Indonesia. The operation targeted a sprawling Bitcoin mining endeavor across 10 locations, resulting...
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Former FTX CEO, Sam Bankman-Fried, Spared Second Trial Amidst Legal Fallout

Former cryptocurrency mogul Sam Bankman-Fried, convicted on multiple counts including fraud and money laundering in November, has been spared a potential second trial by prosecutors. Despite the looming specter of...
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FintechNGR CEO’s Committee Unveils Strategic Initiative to Safeguard Nigeria’s Digital Financial Landscape

The FintechNGR CEO’s Committee, recognizing the escalating threat of fraud within Nigeria’s electronic payments ecosystem, is taking decisive action to preserve the integrity of the nation’s acclaimed digital infrastructure, meticulously...
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