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Crypto

Crypto investors face pressure to understand tax obligations

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From Memecoins to lost wallets, here’s what the tax office wants you to know

 

As tax season nears, crypto investors face growing pressure to understand their obligations.

From high-risk memecoin trades to DeFi protocols and even stolen assets, the ATO is paying attention. Patrick McGimpsey from Crypto Tax Calculator says it’s more important than ever to track every transaction and leverage tax strategies like loss harvesting before the EOFY deadline hits.

Crypto

Bitcoin tumbles as volatility surges and analysts warn of more downside

Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

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Bitcoin drops 12% to 77,900 amid global market volatility; predictions vary on short-term recovery or further declines.

Bitcoin has had a bruising week, slipping below 80,000 for the first time since April 2025 and trading near 77,900 as global markets turn risk off. The pullback has wiped more than 200 billion from the crypto market, with thin weekend liquidity accelerating the sell-off.

Volatility has surged after more than 2 billion dollars in bitcoin positions were liquidated since Thursday, intensifying price swings and unsettling investors. Analysts are divided, with some calling a potential short-term bottom near 70,000 while others warn the turbulence may not be over yet.

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White House holds talks with crypto and banking executives on new rules

White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.

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White House to meet with crypto leaders on federal legislation and stablecoin interest amid financial stability concerns.


The White House is set to meet with banking and cryptocurrency leaders to push forward federal crypto legislation. Discussions will focus on stablecoin interest and financial rules under the Clarity Act.

The bill aims to provide clarity for digital assets but faces delays over competition and financial stability concerns. Crypto companies emphasise that offering interest is crucial to attract customers.

#CryptoNews #Stablecoins #FinancialRegulation


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Bitcoin and Ethereum lead $1.7 billion Crypto market outflow

Crypto markets face pressure with $1.7 billion outflow from exchange-traded products, explains Oz Sultan. #CryptoMarket #Bitcoin #Ethereum

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Crypto markets face pressure with $1.7 billion outflow from exchange-traded products, explains Oz Sultan. #CryptoMarket #Bitcoin #Ethereum


Crypto markets are under pressure as $1.7 billion flows out of exchange-traded products this week.
Oz Sultan from Sultan Interactive Group explains.

#CryptoMarket #Bitcoin #Ethereum


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