DOT drops 3% to $1.83 as crypto markets reverse lower

DOT$1.8442 crashed through critical support Wednesday, tumbling 3% to $1.83 as technical selling overwhelmed bullish USDC integration news. DOT broke decisively below the psychological $1.90 floor despite Coinbase (COIN) announcing direct Polkadot network support. Heavy distribution emerged during the final two trading hours, according to CoinDesk Research’s technical analysis model, as the token collapsed from…

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Got a ‘significant transaction’ email? Income tax department says ignore it for now, fix underway

The Income Tax department on Saturday asked taxpayers to ignore emails, if any, received alerting them about ‘significant transactions’ as part of the Advance Tax e-campaign.In a post on X, the Central Board of Direct Taxes (CBDT) said certain taxpayers have received emails containing inaccurate details regarding ‘significant transactions’ undertaken by them under the ongoing…

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Iran running out of space to store its crude oil; is the real financial crisis still coming?

The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across markets. But Iran, one of the key flashpoints in the crisis, seems to be dealing with a different kind of pressure altogether. Instead of just struggling with disrupted exports, the country is now staring…

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‘Nothing to say’: Kharge on Karnataka power tussle; Cong chief says party high command will decide | India News

NEW DELHI: Amid persistent speculation over a possible change of chief minister in Karnataka, Congress president Mallikarjun Kharge on Sunday said the party high command will take a call, adding that he had “nothing to say now.” His comments came a day after he held a meeting of over an hour with chief minister Siddaramaiah.“I…

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Govt clears Bharat Maritime Insurance Pool with Rs 12,980 crore guarantee for shipping risks

The government has approved a Bharat Maritime Insurance Pool with a sovereign guarantee fund of Rs 12,980 crore to support maritime insurance amid disruptions caused by the Middle East conflict, Union minister Ashwini Vaishnaw announced on Saturday.The scheme aims to address rising insurance premiums and tighter approvals for shipping cover, which are currently being granted…

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Donald Trump Oil Policy 2026: Drill, sanction, control: Inside the oil economics driving Trump 2.0

US President Donald Trump’s second term has seen a striking trend: most major geopolitical moves, trade signals and domestic policy pushes appear to orbit a single strategic axis—oil.What once sounded like campaign rhetoric in the form of “drill, baby, drill” has now evolved into a structured economic doctrine, where energy dominance is not just a…

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