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The elections in Brno brought a significant change in the political arrangement, as the Christian Democrats and Mayors, thanks to recent preferences and the bitcoin affair, punished the ODS and the ANO movement, preparing to create a broad coalition without the participation of ANO. #Brno #volby2023 #koalice (translated)

The enemy of savings books wrote that in the federal budget for 2027, despite record tax revenues, 204 billion euros in new debts are planned. He described this as completely irrational and announced that he would secure his money in stocks, real estate, gold, and Bitcoin. He also warned that the next wave of inflation is already approaching. #Schulden #Inflation #Vermögensschutz (translated)

Furkan Yildirim asked why Wall Street professionals are currently preparing for a potential severe stock market crash, in his view, even though the S&P 500 is just below its record. He cited data such as the Skew Index and pointed out that hedge funds are positioned defensively according to Goldman Sachs as they have been for years. In six weeks, S&P 500 futures worth $63.7 billion have been sold; at the same time, there are record bets on falling prices for small US stocks. There is particular demand for protection against extreme cases. Yildirim announced a macro deep dive with 20 charts from Goldman Sachs, BofA, Deutsche Bank, and TS Lombard. In it, he wants to address market positioning, possible parallels to 1987, 1994, 2000, or 2023, three scenarios weighted by him, and possible consequences for gold and Bitcoin. He asked whether he should record the video on the same day. #Marktanalyse #Investment #Wirtschaft (translated)

Marc Friedrich wrote that France is bankrupt, characterized by unrest, and has a state quota of 57 percent. At the same time, he believes the country needs more and more taxes and sources of revenue. In the finance committee of the National Assembly, an exit tax on cryptocurrencies has been decided: Those leaving the country with more than 800,000 euros in Bitcoin or other cryptocurrencies will have to pay; coins on exchanges will also be affected. Starting from January 1, 2027, exchanging into stablecoins will also be considered a taxable sale. The proposal will go into the budget debate on October 13. Friedrich warned that first money will be devalued, then assets will be taxed that people use to escape from this money, and finally the escape itself will be taxed. He wrote that the planned tax is part of creeping capital controls; France is just the beginning, and Germany is closely watching the development. He described Bitcoin as freedom rather than a speculative object and wrote that the state wants to control it for this reason. He advised diversifying assets and also thinking across different countries and legal systems. #Frankreich #Bitcoin #Steuern (translated)

Experts believe that the Bitcoin low may already be behind us, as the price development increasingly depends on the high yields of US government bonds, and the market has coped well with the current external conditions despite resilient technology stocks. #Bitcoin #Kryptowährung #Finanzmarkt (translated)

RobynHD criticized that the Bundestag had rejected two motions to abolish the tax-free Bitcoin holding period the day before. The Greens had called for cryptocurrency gains to be taxed at the personal income tax rate, regardless of the holding period. A total of 132 representatives voted in favor, while 445 voted against. A motion from the Left Party had also failed. This proposed, among other things, taxation akin to stocks, an exit tax, and a EU-wide trading ban for certain proof-of-work coins. The CDU/CSU, SPD, and AfD rejected the proposals. However, the vote does not mean that the abolition is off the table, RobynHD wrote. The SPD-led Ministry of Finance is working on a reform that is also supposed to end the one-year holding period. Bitcoin purchased from 2027 onwards should be taxed at a basic rate of 26.375 percent; existing holdings would be protected. The cabinet is expected to address the proposal on October 14. RobynHD acknowledged that other legislative proposals had been up for decision during the vote. Nonetheless, from the author's perspective, it is alarming that work continues on the abolition despite the clear rejection. The Union could still prevent the reform, but RobynHD has little hope. #Bitcoin #Krypto #Steuern (translated)

NIC NEVIM stated that yesterday's sharp decline in bitcoin, in his opinion, eliminated leveraged speculators, similarly to a month ago. At the same time, he noted signs of short-term stabilization in the dollar and bond market. If bitcoin was to head towards 90,000, it should have happened quickly, within a week or two. https://t.co/A5q2UMz1vv #Bitcoin #trhy #investice (translated)

Blocktrainer wrote that the Bundestag rejected proposals from the Greens and the Left for the abolition of the Bitcoin holding period. The account also asked what this meant for the planned change to the crypto tax by Lars Klingbeil and how the CDU/CSU parliamentary group positioned itself on this matter. https://t.co/xusi31NQeD #Krypto #Bitcoin #Bundestag (translated)

Blocktrainer reported that the financial policy spokesperson of the CDU/CSU faction in the Bundestag, Fritz Güntzler, stated today that taxing Bitcoin and cryptocurrencies like stocks instead of like gold could create new gaps in fairness. https://t.co/Zn03F2gapQ #Kryptowährungen #Bitcoin #Steuern (translated)

CdeCripto wrote that Bitcoin had fallen to $80,900 after very high selling pressure on Binance and Coinbase. He described the movement as filled with short positions and market sales from the spot market, and stated that the order book was heavily skewed towards buys, which protected the $80,000 level. The author said he expected a decline sooner or later, although not before Bitcoin reached $87,000, a level at which he considered opening short positions. He also noted that many wanted to buy Bitcoin and altcoins at that price and maintained that, in his opinion, the time to buy and open long positions was then, not at the peak. He added that he was building significant long positions in USDT and cycle long positions with low leverage and caution, and stated that the situation was not the end of the world. #Bitcoin #Criptomonedas #Trading (translated)

Blocktrainer reported that the CDU/CSU financial politician Olav Gutting commented in the Bundestag on the proposal to abolish the holding period for profits from Bitcoin and other cryptocurrencies. Gutting stated that a corresponding change in taxation must be systematic and should not only affect individual areas. https://t.co/2MnKaJHhIY #Bitcoin #Krypto #Steuerreform (translated)

Blocktrainer wrote that the Bundestag rejected both a draft law from the Greens and a proposal from the Left to abolish the Bitcoin holding period. The Greens had proposed to tax crypto gains as income regardless of the holding period. The Left called for the taxation of Bitcoin and other cryptocurrencies like stocks, as well as subjection to exit taxation. According to Blocktrainer, the draft law from the Greens had already failed in the Finance Committee in May and is now definitively off the table. #Bitcoin #Kryptowährungen #Bundestag (translated)

Furkan Yildirim wrote that the Bitcoin correction has occurred and many are now getting nervous again. He referred to a post from September 21, in which he explained that for him, it is not crucial which price level is exceeded, but how the next correction will unfold. Now it is what matters. #Bitcoin #Korrektur #Kryptowährung (translated)

Tech stocks outlined a timeline for a possible abolition of the holding period for Bitcoin and other cryptocurrencies: On October 12, a petition hearing is scheduled, on October 14 a cabinet decision. The first reading in the Bundestag is to take place in mid-November, the discussion in the finance committee at the end of November, and the second and third readings in mid-December. For December 18, Tech stocks mentioned a vote in the Bundesrat; as of January 1, the amendment could come into effect if the CDU/CSU agrees. Tech stocks accused the Union of betraying its supporters again and estimated the chances of the lifting of the holding period, despite resistance within the Union, at 60 to 70 percent. #Bitcoin #Kryptowährung #Blockchain (translated)

The Greece Crypto Degen Club wrote that altcoins were moving in anticipation of the anniversary on October 10th and that BTC remained in a normal state, in contrast to ETH on lower timeframes. It mentioned that almost all altcoins were already quite lower since Sunday and that it was awaiting the levels it had previously mentioned with a "sniper" approach. It added that it would return with the rest the next day. https://t.co/l78sHcCweT #Bitcoin #Altcoins #Cryptocurrency (translated)

Blocktrainer reported that initial statements regarding the planned re-taxation of Bitcoin and other cryptocurrencies are now available. Representatives of the Bitcoin and crypto industry, tax advisors, and other business associations have sharply criticized the plans. https://t.co/1qfoOs1Ps7 #Bitcoin #Krypto #Steuerberatung (translated)

Frank Schäffler wrote that the German banking industry had asked in its statement why Bitcoin should be excluded from § 23 of the Income Tax Act while other private economic goods remained covered. He stated that the draft provided no factual reason for why the holding period should remain. https://t.co/uAWf6eYcFp #Bitcoin #Kryptowährung #Finanzen (translated)