.With February in full swing, let's take a look back at the biggest news stories from the worlds of Forex, Fintech and Crypto, in our best of the week segment.

The XRP price displayed an impressive recovery last week, rallying to the $0.9 mark. However, the sellers mounted stiff resistance at the confluence of 200-day EMA and the rising trendline, pulling the altcoin back to $0.75 support. Under the influence of a descending triangle pattern, the sellers could lead the XRP price to $0.5. Key technical

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Bitcoin's hashrate exploded by 31% yesterday. Clocking in at 248 million terahashes per second, that's a new all-time high.

In the February issue of the “Eye on the Market” newsletter, Michael Cembalest, Chairman of Market and Investment Strategy for J.P. Morgan Asset & Wealth Management, takes a close look at “the adoption trends, capital flows and use cases for cryptocurrencies and blockchains.” In this 28-page research report (titled: “The Maltese Falcon”), Cembalest admitted that […]

The whales have accumulated an estimated $46,994,460 worth of Dogecoin. Dogecoin has been down 0.02% in the last 24 hours.

The post has appeared first on thenewscrypto.com

Welcome, Coin Bureau readers, to an article about the ever-exciting world of taxes. Who doesn’t love taxes? I know I sure do! But, writing about it, reading about it, talking about it, paying it, I just can’t get enough! Who’s with me? Can I get a high-five…? anyone? Yeah, yeah, I know. You’d probably rather […]

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BTC and altcoins flashed bullish this week, but the perpetual contracts funding rate and Tether premium reflect a lack of confidence from traders.

Bitcoin’s (BTC) price has maintained its short-term bullish outlook even price could not sustain or move beyond $45k. AS bulls took a breather near the higher levels and could test the key support levels ahead of continuing the uptrend. Bitcoin (BTC) price registers minimal gains on the weekend. BTC may retrace lower as the largest

The post Bitcoin (BTC) Price Today: Sustains Above $42K In Effort To Take Leap Toward $48K appeared first on CoinGape.

Annuities have suffered greatly over time — bitcoin-based annuities, while not probable any time soon, could reinvigorate the industry.

Solana’s (SOL) price remains consolidated in today’s session. SOL witnessed a bounce back from the recent consolidation. However, the upside was stopped due to a stiff resistance barrier that resulted in a minor pullback. SOL bulls are in control of the trend as gathering the momentum near the current levels. Solana’s price locks in modest

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A blockchain research firm, Chainalysis, revealed crypto-ransomware attacks of 2021 racked up $602 million in Bitcoin and other currencies, and that figure could be even higher. In addition, the report pronounced a Russian-based hacker group named Conti as the most active and largest group of hackers by revenue last year. The analysis firm expressed that they have counted for all of it yet, and the figure of stolen money may be even more extensive, rising as high as $1 billion. Related Reading | Over $5 Billion In BTC Paid In Top 10 Ransomware Variants, Says U.S. Treasury In a Chainalysis preview report of 2022, the firm has confirmed the rapid growth in ransomware crimes. It explained that its initial estimate (that’s still an underestimate) of $350 million has jumped to $692 million.   Chainalysis stated, In fact, despite these numbers, anecdotal evidence, plus the fact that ransomware revenue in the first half of 2021 exceeded that of the first half of 2020, suggests to us that 2021 will eventually be revealed to have been an even bigger year for ransomware. The firm explained that ransomware attacks, pretty much like computer viruses, are dangerous and ever-changing too, so they can easily avoid law enforcement and updated security measures in a system. Ransomware Attacks: 2020 VS 2021 Similarly, the average payout of ransomware rose to $118,000 in 2021, up 26% compared to its previous $88,000 in 2020. The most significant cause behind the higher increase of these numbers per the Chainalysis is a ‘big game hunting strategy. Ransomware strains have been employed in it increasingly to target big corporations for ransomware. The number of most active strains in 2021 also has broken all its previous records with 140 groups that received cryptocurrencies. It is up 21 from 2020’s figure and 61 from 2019. Conti Group Becomes The Biggest Strain Of 2021’s Ransomware Attacks The recorded ransomware payments of 2019 stand at $152 million and only $39 million in 2018. In contrast, the last year’s figure has increased dramatically. As a result, the Russian-based hacker group ‘Conti’ is the biggest strain by revenue, per the Chainalysis. Last year, the Russia-based hacker group Conti became one of the ransomware’s most active and profitable strains. The Conti Group has extorted nearly $200 million from their victims in Bitcoin and Monero. The group uses the ransomware-as-a-service (RaaS) model as the key and believes in sharing its program with affiliates to exchange a fee. Another ransomware strain named ‘DarkSide’ who previously marked the historic attack on U.S Colonial Pipeline, which resulted in petroleum shortage, came in second to Conti. DarkSide asked the company to pay them $5 million in Bitcoin at the hack time. Additionally, it nearly fetched over $75 million through the course of a year in similar hacks. Related Reading | The US Offers A $10M Reward For Information On DarkSide Ransomware Group Chainalysis found Conti to be the only active strain throughout this past year. At the same time, most others “Wavered in and out like a wave going up then down.” Featured image by Pixabay and chart from Tradingview.com

Ripple (XRP) price locks in the modest gains on the weekend. XRP has taken a few steps back to gather the momentum for another leg up. It seems bulls are taking some breather before aiming higher. The price could take a leap of 35% from the current level. Ripple (XRP) manages to stay afloat on

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