Bitcoin dropped another 2% to start November as network data warned of a potential BTC price dip below the $100,000 support level. Bitcoin (BTC) starts November with a dip to $107,000 as traders brace for further support retests. Bitcoin price action gives bulls a grim sense of deja vu as weekend gains evaporate and downside liquidity grows. November seasonality calls for serious BTC price gains, but so far, there is no sign of relief. Read more
A strong earthquake killed at least 20 people in northern Afghanistan, authorities said on Monday, just months after another deadly tremor that left the country reeling. The 6.3-magnitude quake struck overnight at a depth of 28 kilometres with the epicentre near the city of Mazar-i-Sharif, according to the US Geological Survey (USGS). More than 20 people were killed and around 320 were injured in the provinces of Balkh and Samangan, health ministry spokesman Sharafat Zaman told journalists on Monday morning, stressing that this was a preliminary toll. He did not provide a province-wide breakdown of the casualties. Expressing sorrow over the “tragic loss of lives in northern Afghanistan after the deadly earthquake near Mazar-e-Sharif”, Prime Minister Shehbaz Sharif posted on X that Pakistan “stands in solidarity with our Afghan brothers and sisters in this difficult hour”. “Our heartfelt condolences to the families of the victims and prayers for the swift recovery of the injured,” he said. Residents of Mazar-i...
Skipping cryp to taxes can trigger hefty fines and legal issues. Find out what really happens if you fail to report or pay taxes on your holdings. Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax authorities worldwide are coordinating through frameworks like the FATF and the OECD’s CARF to track transactions, even across borders and privacy coins. Authorities use blockchain analytics firms like Chainalysis to link wallet addresses with real identities, tracking even complex DeFi and cross-chain transactions. Read more