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We need to raise public awareness about cryptocurrency taxes as much as possible, and corrections should be made before it's too late. Including those who trade on foreign exchanges in the income declaration will both harm the market and knowingly or unknowingly impose a complex tax burden on many people.
⚠️ There is also no clear date regarding the start of this income tax; the draft simply states "This is the enforcement article" and moves on.
Normally, it should apply to income earned after the law is published in the Official Gazette. But Turkey has had some unusual practices regarding in
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BREAKING NEWS! Cryptocurrency tax is coming.
I deleted the previous tweet because some information was incorrectly announced; Anadolu Agency shared it more clearly.
In summary:
A 0.03% tax will be applied on every sale and transfer. This part is okay and makes sense, but from what I see, they are doing some serious overreach and an additional income tax is also coming. A 10% withholding tax will be deducted from the income you earn from your cryptocurrencies. It’s like interest withholding; so if you hold and sell for profit, the stock market will deduct 10% of your profit and pay it to the
DEFI7,03%
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Many different videos of shootings from various parts of Dubai are coming in, and the Palm videos are very distressing. Honestly, Dubai is a place I really love to visit for tourism, and contrary to internet criticisms, I thought it was also very sensible to live there. But geography is destiny; there is no such thing as consistent peace near the Middle East. If another week passes with reports of rockets falling on a marina every day and the airport cannot open, then the bubble of the biggest real estate and tourism frenzy of the last 5-6 years will burst. Especially, a significant price corr
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Finally, the US/Israel - Iran war that markets have been anticipating for weeks has officially begun. This time, it seems they will push until the Iranian regime is overthrown. The global pricing will depend on whether this situation remains at the operational level or escalates into a full-scale war, meaning how long the events last will be determined by the intensity of the conflict.
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Who is crashing this Bitcoin? Who is Dumping this market? Questions for an investigation into a suspect; Jane Street.
In the Luna crisis, an insider and manipulation lawsuit was filed against the company named Jane Street Capital, which is said to have been involved in the collapse of UST. The company received inside information that Luna was about to fail and withdrew $85 million in UST liquidity. It is claimed that this supported the peg’s dislocation. When UST entered a downward spiral, they sold off the entire market and shorted, earning billions of dollars.
In another “coincidence,” F
BTC7,5%
LUNA3,26%
IN6,85%
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Child benefits in Turkey are a one-time payment of 5,000 TL. Let me list the child benefits I receive in Japan, converted to TL: until the child turns 18, I get 4,000 lira every two months, a shopping voucher worth 5,000 lira when we say we're expecting a child, plus an additional 15,000 TL in the account for shopping before birth, and another 15,000 TL as a one-time support for diapers and such after birth. There is also hospital support worth 140,000 TL, which generally covers about half of the birth costs. This morning, I received a letter saying the municipality will send a one-time aid of
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Trump got angry at the court and raised the global tariff rate to 15%. Normally, cryptocurrencies would drop due to the uncertainty brought by other tariff developments, but it remained unaffected. I think the reason is that the ordinary investors who haven't been kissed on the ear and are left behind already stopped taking action after the news. Since the news came over the weekend and the US markets are closed, the current direction of Bitcoin is influenced by the US institutional side, which will react accordingly when markets open and will volume accordingly. The existing loss of spirit in
BTC7,5%
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We watched a Champions League match just to keep it from ending, what a night it was—you're the greatest, Europe’s conqueror Galatasaray💛❤️
#GSvJUVE
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No news, no volume, no buyers, no sellers. In crypto, we are experiencing a situation similar to February 2019. If history is to repeat itself, both periods share the common ground of markets expecting interest rate cuts for the rest of the year. And similarly, unfortunately, we shouldn't expect much until April.
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Happy Valentine's Day, crypto community. Love can't be shorted; hope remains long❤️
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I read so many crazy but also very logical ideas related to artificial intelligence that in probably 10 years, we will all be in a very different world. Someone is working on a project to process animal sounds and analyze them with AI to decode animal languages, even trying to translate what crows are saying. Another has built a massive virtual village composed of AI entities with different characters, mimicking social behavior. The goal is to see how a product will be received, liked, or criticized when it hits the market or enters a new market. To create a platform where these can be simulat
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Following one after another, investment firms in the US are releasing Bitcoin price forecasts. The majority of predictions expect the price to be between 150,000 and 170,000 dollars this year… From what I see, they are expecting Bitcoin to run towards ATH again, just like in previous cycles, after emerging from the weekly oversold period, as shown in the chart I also shared the other day. It’s important to remember that on a weekly chart, even if a few candles are needed to exit the oversold zone, this process could take months… There is an atmosphere that continues to frustrate short-term tra
BTC7,5%
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If asked about the hated private organization for everyone who owns a vehicle in Turkey regardless of political views, religion, language, or ethnicity, it is undoubtedly Tüvtürk. It's really interesting how giving a firm an exclusive concession agreement to monopolize the work that the public can do under humane conditions or distribute in accordance with free competition has become so normalized. It's a huge scheme even for Turkey's conditions. Since they've already come into the spotlight with a disgraceful incident, maybe this monopoly system will also be up for discussion…
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Millions of crypto enthusiasts are asking the same question in their hearts: Are we back? Is it time to return and buy again?
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Since the current decline has been gradual, it didn't create a shock, but we are still in a historic week. The weekly RSI is in oversold territory for the third time; the first was in 2018 when BTC dropped to $3,200, the second during the famous COVID crash when it fell to $15,000, and the third is today. Currently, it's at 63, but it's not over yet; we're probably heading to see the 58,000 200-week moving average. There's not much more to say; after previous resets, overselling and changing capital, we returned stronger in new stories. Let's see if history will repeat itself.
BTC7,5%
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As long as we continue to see the same chart patterns in easily accessible assets like silver that we are used to seeing in altcoins, it will be difficult for risky assets to take their turn. For example, if Doge were to follow this pattern now, we would be talking about an altcoin bull run. By the way, the silver chart says, "My fuel is gone; I will fluctuate between 65-85 for a while."
DOGE9,41%
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I personally believe that my biggest misconception and self-criticism regarding the crypto markets has been my inability to correctly interpret the impact of the DXY decline lately. Even when the DXY was around 110, I expected it to drop below 90 by 2026; I thought the dollar would lose value. The dollar is in free fall, but it’s in assets like precious metals and US stocks, which are much safer places for the risk-seeking investors we’re used to in crypto, to live out much more secure gains. The main fuel for retail investors in crypto—those who want to make a lot with little money—are now bu
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I recommend that those who do not have a house yet take advantage of the upcoming new first home loan, even if it means pushing the conditions. Research now and the quick ones will win… 📌 For 2 million and maybe more, a rate like 1.20 is being discussed, which, considering inflation, is slightly expensive rather than free. Even if you don't settle in, it's essential to start somewhere with capital to buy the house you'll live in later, without fussing over small things like square meters. For many people, beautiful appreciating wedding golds will be used as a down payment here, and many who c
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The decreasing market cap with the correction in a single candle yesterday for silver = three times Ethereum’s total market cap… While every asset is valued as if the dollar will collapse, Bitcoin and Ethereum remain extremely “undervalued.” Crypto enthusiasts believe our comeback will be magnificent.
ETH8,3%
BTC7,5%
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