BREAKING NEWS:

🇮🇳INDIAN companies with CRYPTO Exposure must now officially disclose their holdings in financial statements..

BAD NEWS:

Indian Finance Ministry says that, there are no plans to revise crypto tax rules or permit crypto ETF's.

So This Stays:

- 30% Tax
- 1% TDS
- No loss offset
- No Approval for Bitcoin ETF

CoinDCX CEO shuts down all rumors..

He says “CoinDCX is NOT UP for Sale!”

Guys early morning Michael Saylor's 'Strategy' buys 21,021 Bitcoin worth massive $2.46 billion.. 🔥🔥🔥

FOMC IMPORTANT:

-Guys 30th July (today) FOMC Rate Cuts Probability stands at 98% by Polymarket..

-Powell will speak about rate cuts in September after FOMC, his speech can turn the market to highly bullish..

FOMC Decision at 11:30 Pm IST.. Get ready for volatility..

Guys important update video on Altseason..

https://youtu.be/OVV3bjuIuqI?si=oL8yhIIoN05nM5Vm

Do check out the video..

Reason For Crash:

U.S President Donald Trump announces 25% tariffs on India starting August 1st..

White House releases crypto policy report and it lacks details on strategic reserve in cryptocurrencies.

-So There's No Reference to Bitcoin Strategic Reserve..
-Their Focus: stablecoins, AML, agency clarity

BlackRock predicts that the Fed won’t cut interest rates today...

Markets are on edge and will turn volatile..

No rate cut from the Fed.

Federal Reserve leaves interest rates unchanged, remains at 4.25% - 4.50%.

Market crash

Fed Chair Powell says we have made no decisions about September..

IMPORTANT:

Trump signed executive order for
U.S Bitcoin STRATEGIC RESERVE.. All seized Bitcoins will not be sold
& will be held as reserve asset..

Long-term this will play out well

Michael Saylor says tonight’s earnings call at 2:30 AM IST will be "the most important event in the history of Strategy." What's it all about, let's find out

Wazirx says if majority users Vote for 'yes' in re-voting Scheme and court approves it, Wazirx will try to restart platform by September end or October..

MARKET UPDATES:

-Market sentiment: Greed

-Index value: 64

-BTC Dominance: 61.2%

-Altcoin season index: 35/100

-Total crypto marketcap: $3.75 Trillion..

-Bitcoin price: $1,15,150

🇺🇸 Trump slams Fed Chair Jerome Powell

"Too Little, Too Late. Jerome 'Too Late' Powell is a disaster. DROP THE RATE! The good news is that Tariffs are bringing Billions of Dollars into the USA!"

$805,000,000 liquidated from the cryptocurrency market in the past 24 hours..