--- title: 'Crypto Market Pulse: New Reporting Rules for Indian Crypto and Top News of the Day' source: 'https://youtube.com/watch?v=Hc6x17Eq74Y' video_id: 'Hc6x17Eq74Y' date: 2026-07-31 duration_sec: 180 --- # Crypto Market Pulse: New Reporting Rules for Indian Crypto and Top News of the Day > Source: [Crypto Market Pulse: New Reporting Rules for Indian Crypto and Top News of the Day](https://youtube.com/watch?v=Hc6x17Eq74Y) ## Summary This daily crypto news roundup covers Bitcoin's price drop, India's new crypto transaction reporting rules, and Fidelity's call for the Clarity Act. It also explains how rising global bond yields are pressuring crypto and provides key technical support and resistance levels for major coins. ### Key Points - **Headlines: Bitcoin drops, Kiyosaki warns on US debt** [00:05] — Bitcoin price drops to the $3,000 range. Robert Kiyosaki alerts investors on rising US national debt. - **India's reporting rules and Fidelity's push** [00:19] — Crypto platforms in India will report every transaction to the Income Tax Department. Fidelity urges the US Senate to quickly pass the Clarity Act. - **Bitcoin down 3.5% amid multiple pressures** [00:32] — Bitcoin is down about 3.5% in the last 24 hours. Pressure comes from low inflows into US spot Bitcoin ETFs, political infighting over the Clarity Act, and rising global bond yields. - **Global bond yields hit crisis-era highs** [00:45] — The average yield of the Bloomberg Global Treasury Index reached 3.68%, the highest since the 2008 global financial crisis. The US 30-year Treasury yield is near its highest since 2007, while Germany's 10-year yield is at its highest since 2011. - **Kiyosaki backs gold, bitcoin, and ethereum** [00:57] — Rich Dad Poor Dad author Robert Kiyosaki continues to support gold, bitcoin, and ethereum, saying America's growing national debt creates risks for fiat currency and that limited-supply hard assets better protect wealth. - **India's CBDT mandates crypto transaction reporting** [01:10] — The CBDT issued a notification requiring crypto exchanges to provide information on all crypto transactions to the Income Tax Department for more transparency in reporting. - **Fidelity urges Senate to pass Clarity Act** [01:25] — Fidelity stated that clear regulation for digital assets is essential to boost investor confidence, provide regulatory certainty, and strengthen America's leadership in the global market. - **Key technical levels for major cryptos** [01:59] — Bitcoin resistance is between $65,000 and $66,000, support between $61,800 and $62,800. Ethereum resistance is $1,900-$1,930, support $1,790-$1,825. BNB resistance $570-$575, support $555-$560. Solana resistance $75-$76, support $70-$71. XRP resistance $1.07-$1.08, support $1.02-$1.03. - **Bitcoin rejected at $65,000 resistance for third time** [02:26] — Bitcoin tried to break the $65,000 resistance for the third time but got rejected. Strong support is now at $62,000 to $63,000. ## Transcript Let's see today's top headlines. Bitcoin price drops to the $3,000 range. Robert Kasaki alerts investors on rising US debt. Robert Kasaki alerts investors on rising US debt. stronger. Crypto platforms will report every transaction to the Income Tax Department. Fidelity urges the US Senate to quickly pass the Clarity Act. Bitcoin is currently trading in the $3,000 range. Bitcoin is down about 3.5% in the last 24 hours. Part of the pressure on the market was due to low inflows into the US spot Bitcoin ETS ongoing political infighting over the final draft of the Clarity Act, which has created regulatory uncertainty. Apart from this, the continuous rise in global bond yields is putting pressure on Bitcoin. The average yield of the Bloomberg Global Treasury Index has reached 3.68%. Which is the highest level since the global financial crisis of 2008. The US 30-year Treasury yield is trading near its highest level since 2007. Whereas Germany's 10-year bond yield is also at its highest level since 2011. Rich Dad Pod author Robert Kayosaki once again supported gold, bitcoin, and ethereum. He said that America's growing national debt is creating risks for fiat currency. Assets like gold and bitcoin have a limited supply and why these hard assets better protect wealth when the fiat currency system weakens. The issued a new notification regarding crypto reporting. Under this, crypto exchanges will have to provide information about all crypto transactions taking place on their platform to the Income Tax Department. The CBDT said the aim is to bring in more transparency in reporting. pass the Clarity Act soon. The company said clear regulation for digital assets is essential to boost investor confidence, provide regulatory certainty to market participants, and strengthen America's leadership in the global market. Now let us check resistance level of Bitcoin is between 650 to 66000. The support zone is between 61800 to 62800. The resistance zone for Ethereum is between 1900 Dr and 1930 Dr. The support zone is between 1790 Dr to 1825 Dr. The resistance zone for BNB is between 570 and 575. The support zone is between 555 to 560. Solana's resin is between 75 and 76. The support zone is between 70 and 71. The resistance zone for XRP is between $1.07 and $1.08. The support zone is between $1.02 and $1.03. Yesterday, Bitcoin tried to break the resistance of $6500 for the third time. But Price got rejection from there. Now Bitcoin has a strong support at 62,000 to 63,000. If this break So keep these levels in mind and if you have any questions about crypto, if you have any questions about crypto, call our helpline number.