Author: James Wilson

The Bank of Papua New Guinea has wrapped up its CBDC trial and is now considering next steps for digital payments beyond national borders. Authorities in Papua New Guinea are stepping up their central bank digital currency efforts, with the Bank of Papua New Guinea completing its CBDC proof-of-concept trial. The trial, done in partnership with Soramitsu, Mitsubishi, JICA, and the Japanese government, tested how a CBDC could work in the country. During her speech, Bank of Papua New Guinea Governor Elizabeth Genia said the study aimed to improve financial inclusion and modernize the payment system. The central bank focused…

XMR rallied over 9% on Feb. 6 after the privacy protocol showcased the strong performance of its Rust-based Cuprate node. Monero (XMR) surged to an intraday high of $238.55, extending its gains to 24% since the beginning of the year. The privacy-focused coin’s market cap surpassed $4.4 billion, briefly making it the 28th largest crypto asset per CoinMarketCap, before settling at $4.28 billion as of the last check during the afternoon Asian session. Why did XMR rally today? XMR surged after the project confirmed that its Rust-based Monero node, Cuprate, delivered a strong performance, completing a fast sync in 4…

Retail Bitcoin activity in APAC has outpaced the U.S. and Europe, driven by non-institutional participation, according to Gemini and Glassnode. The Asia-Pacific region retail traders are making moves in Bitcoin (BTC) while the U.S. lags behind. When excluding exchange-traded funds and exchange flows, retail activity in Asia is growing faster than in the U.S. and Europe, according to Gemini’s latest research report made in collaboration with Glassnode. Research at Glassnode analyzed transaction timestamps, linking BTC activity to working hours in different regions. The findings suggest that “retail activity in the APAC region has grown at a faster clip than other…

Inflows into spot Bitcoin exchange-traded funds in the U.S. slowed down on Feb. 5 following remarks from Trump’s crypto policy advisor regarding the potential implementation of a national strategic Bitcoin reserve. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $66.38 million in net inflows on Wednesday, 80% lower than the $340.82 million inflows seen over the previous day. The majority of inflows came into BlackRock’s IBIT with $44.35 million entering the fund.  WidomTree’s BTCW and Fidelity’s FBTC also contributed to the positive momentum with inflows of $11.38 million and $10.65 million respectively. The nine remaining spot Bitcoin…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As market volatility shakes crypto, Solana regains strength while 1Fuel rises as a breakthrough DeFi contender. As US tariffs shake global markets, the cryptocurrency sector is facing waves of volatility. But where some see chaos, savvy investors see opportunity. With Solana (SOL) bouncing back from its tariff-induced slump and 1Fuel (OFT) emerging as a game-changing DeFi powerhouse, the market is turning into a buying paradise. Let’s take a closer look at Solana and 1Fuel and what makes them the hottest…

Solana-based meme coin deployer Pump.fun continues to draw legal heat as recent allegations claim some tokens launched on the platform violated intellectual property rights. On Feb. 5, Pump.fun a cease and desist letter was issued against Pump.fun by U.S. law firms Burwick Law and Wolf Popper LLP, demanding the removal of several meme coins allegedly misusing their names and logos. A cease and desist letter is a formal legal notice demanding that an individual or entity immediately stop an alleged unlawful activity to avoid further legal action. The letter demands the “immediate removal of the Dogshit2 token” and other tokens…

South Korean exchanges Upbit and Bithumb will add Berachain to its listings on Feb. 6, in time for the upcoming launch of Berachain mainnet. Two South Korean crypto exchanges announced that they will start providing trading support for new layer1 blockchain Berachain’s upcoming token, BERA. Trading support on both exchanges will start simultaneously on Feb. 6 at 22:00 KST. Users can only deposit and withdraw BERA through the new Berachain mainnet that will be launched on the same day as its token. Berachain is an Ethereum (ETH) Virtual Machine-compatible layer 1 blockchain which is equipped with a Proof-of-Liquidity consensus mechanism.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Catzilla emerges as the next big meme coin, promising huge gains and a feline takeover of the crypto market. A new meme coin is taking the crypto world by storm, with analysts predicting it could compete with WIF and FLOKI in the next bull run. While many meme tokens fade, this one combines hype, community power, and strong growth potential to stand out. With a strategic presale, viral appeal, and huge ROI potential, this token is quickly gaining momentum.…

El Salvador, the first country to adopt Bitcoin as legal tender in 2021, recently reversed its decision after pressure from the IMF. What led to this change, and what were the outcomes of its nearly four-year crypto experiment? The curious case of El Salvador The 2021 law in El Salvador made Bitcoin (BTC) legal tender, meaning it became not just legal but mandatory for transactions. Merchants were required to accept Bitcoin, and the government started collecting payments such as taxes and fees in Bitcoin. To facilitate this, the country launched the Chivo wallet, a government-backed mobile app designed to help…

Eric Trump’s Ethereum tweet lined up with one of the biggest reversals in months. Now, he’s turning to Bitcoin—does this call mean anything? Eric Trump’s latest comment on Bitcoin (BTC) has sparked chatter, though its immediate market impact appears to be limited.  On Feb. 6, he took to X, posting, “Feels like a great time to enter #BTC!” The remark briefly pushed Bitcoin past $98,000 before settling back to around $97,650, reflecting only a modest 0.4% hourly gain at the time of writing. The reaction stands in contrast to what happened just days earlier when Eric Trump’s tweet on Ethereum…