Tarik Turhan

Quant was gatekept. Building Pearlixa to open it.

[Tarik Turhan @RealTarikTurhan]

Investing opened up to everyone. The apps, the access, the markets that never close.

The analysis never did. Institutions run calibrated models. Individuals get a chart and a hunch.

We founded Pearlixa to close that gap. https://t.co/01d0DOBrtD

[Tarik Turhan @RealTarikTurhan]

I think most of what startups do can be copied, but their advantage is that they are faster and more adaptable than big companies.

[Cory Althoff @coryalthoff]

What can a startup do that is impossible to copy?

[fish @cryptofishx]

i still believe in a crypto that's more than just memecoins, perps and prediction markets

and I'm determined to build it

[Tarik Turhan @RealTarikTurhan]

I think a lot of the new trends pulled attention away from crypto, prediction markets and ai most of all, and people forgot what is already built here. My bet is crypto takes that attention back and comes back stronger.

[Mando @rektmando]

crypto is becoming the arena again

the tech means that every asset is coming onchain

we have perps, options, prediction markets, memes, NFTs as products

platforms that make your PnL public

suddenly this is the place to make a name for yourself

[Tarik Turhan @RealTarikTurhan]

@cryptofishx Every startup tries to become everything once it works. The reason is boring: once you own the users, adding products costs less than acquiring new ones. Staying narrow means betting your product is the moat and not your user base.

[Tarik Turhan @RealTarikTurhan]

Stay humble. You never know what will happen next.

[camol @camolNFT]

Dumbest things you can purchase the first time you start making good money:

- Bottle service
- Rolex
- Luxury car
- Angel checks in VC rounds
- Wardrobe of designer clothes

Just because you’re making money now, doesn’t mean it’s gonna stay that way. By all means, you can upgrade your life, but don’t blow it all on dumb shit.

[Dmitrii Kovanikov @ChShersh]

Every SWE should:

Self-host Git
Self-host email
Have a VPS
Backup their own data
Personal blog that owns content

Just like every space captain should have their own crew and assemble their custom ship.

[unusual_whales @unusual_whales]

Jamie Dimon of JPMorgan: Margin debt is the highest its ever been

[Tarik Turhan @RealTarikTurhan]

I keep the research universe to roughly the top 50. Deeper than that the book is too thin for the costs to work and most of what looks like signal is noise. Inside it the obvious edges are long gone, but the non-obvious ones are still there and you can trade them at size.

[Tarik Turhan @RealTarikTurhan]

A few losing days is not information, it is noise, and switching the system off there means you never had a system. but "never switch it off" is not discipline either. The kill rule has to exist before the drawdown, written while you are calm.

[Cointelegraph @Cointelegraph]

🔥 CZ: Thailand confirms 0% capital gains tax on Bitcoin and crypto.

[Tarik Turhan @RealTarikTurhan]

The challenge lies in striking a balance among all three aspects.

[a16z crypto @a16zcrypto]

What the CLARITY Act actually does 👇
① Gives crypto builders a clear path to launch
② Puts exchanges and other intermediaries under real oversight
③ Gives consumers stronger protections

[Tarik Turhan @RealTarikTurhan]

CLARITY won't be signed before the summer recess, and after that the midterms take the oxygen. Early 2027 is probably when it becomes a real topic again. Whatever form it passes in, I'd expect it to be less restrictive for builders than MiCA has been.

[*Walter Bloomberg @DeItaone]

MAJOR HEDGE FUNDS TARGETED IN WAVE OF ATTEMPTED CYBERATTACKS

Major hedge funds including Citadel, Point72 and Two Sigma were targeted in a wave of sophisticated cyberattacks using AI-powered voice phishing (vishing) to trick employees into granting system access.

Two Sigma said it successfully blocked the attack and found no evidence of a breach.

Cybersecurity experts warn AI is making large-scale attacks cheaper and easier, raising risks across the financial industry.

[Tarik Turhan @RealTarikTurhan]

A trading system is not finished when it goes live. That is where the work starts. Keeping it efficient, watching whether the alpha is still there, replacing small edges as the old ones decay. A system nobody maintains stops working.

[ₕₐₘₚₜₒₙ @hamptonism]

The best math you can learn is how to calculate the future cost of current decisions.

[Solana @solana]

BREAKING: BlackRock files with the SEC to issue tokenized fund shares on Solana.

BlackRock expanded its cash management strategy with the launch of BlackRock Daily Reinvestment Stablecoin Reserve Vehicle ("BRSRV") on Solana.

The world's largest asset manager, with $15 trillion in AUM, is bringing stablecoin reserves onchain.

[Tarik Turhan @RealTarikTurhan]

Liquidity gets thinner, so the same order size moves price further. And volatility makes market makers pull quotes, which thins the book again.

[The Kobeissi Letter @KobeissiLetter]

Crypto trading activity is declining:

Daily trading volume across the 44 spot crypto exchanges tracked by Kaiko fell to ~$15 billion last week, the lowest level of the year.

This marks a -70% decline from January peak levels.

By comparison, in February, there were 2 trading days when volume exceeded $100 billion.

As a result, the average daily volume trend has fallen -50% since December 2025, to $20 billion, the lowest this year.

Meanwhile, trading volume remains heavily concentrated, with the 6 largest exchanges accounting for more than 60% of total activity.

Crypto market liquidity is drying up.

[Tarik Turhan @RealTarikTurhan]

Buy the dip.

[Luxi ⭐ @0xLuxi]

"The market is crashing."

Crypto bros with their last $500:

[Tarik Turhan @RealTarikTurhan]

Earnings are not a technical trader's edge. I don't take a position because a report is coming, and I don't override my rules because one is due. If you do trade an earnings event, decide before the announcement, not in the reaction to it.

[Tarik Turhan @RealTarikTurhan]

And the sample size is a choice. At 20 trades a year a 40% win rate can profit and an 80% can lose money, payoff shape decides. Run thousands of automated trades and small edges compound instead. You have to know which game you're playing, the right sizing for one ruins the other

[Tarik Turhan @RealTarikTurhan]

"If i win 80% of the time, i wouldn't know if the next trade is one of the 80 or one of the 20." David Paul. That's the law of large numbers in trading. The edge is real across the sample, it just tells you nothing about the next single trade.