Bashir Musa retweeted
This is how Nigerians will understand the new tax law in a simple way:
1.Anyone who earns less than ₦800,000 per year will not pay tax.
2.Anyone who earns ₦800,000 to ₦3,000,000 will pay tax at 15%.
•15% of ₦2,000,000 = ₦300,000
•15% of ₦3,000,000 = ₦450,000
3.Anyone who earns ₦3,000,000 to ₦12,000,000 will pay tax at 18%.
•18% of ₦5,000,000 = ₦900,000
•18% of ₦10,000,000 = ₦1,800,000
4.Anyone who earns ₦12,000,000 to ₦25,000,000 will pay tax at 21%.
•21% of ₦20,000,000 = ₦4,200,000
•21% of ₦25,000,000 = ₦5,250,000
5.Anyone who earns ₦25,000,000 to ₦50,000,000 will pay tax at 23%.
•23% of ₦30,000,000 = ₦6,900,000
•23% of ₦50,000,000 = ₦11,500,000
6.Anyone who earns ₦50,000,000 and above will pay tax at 25%.
Bashir Musa retweeted
“I must have strategy on how to survive because $20 billion of investment is too big to failed, we in situation where we continue to play cat and mouse and at the of the day somebody will give up, either we give up or they will give up, and I don’t think I will give up.”
- Dangote added that he prays and wishes fuel importers will lose even more money because he's not printing money and is also losing money, it's not that he's making money, and marketers want imports to continue.
Bashir Musa retweeted
Good morning chads. ONE FREE SLOT
Announcing one winner among our already 3 free slot
Congratulations @bahaushe100, remaining two more people.
And guess what? Additional slot, to qualify just RT and like this post, we will use twitter picker to choose from among those that engage with this tweet.
Now
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Also we will use an average to allow people with smaller funds to get in later.
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And again, certain KOLs will be picking our calls and be sending to their groups as theirs, and we have no way of stopping that, they might even monetize it charging a higher price than us.
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Hello @aixbt_agent,
What is your thought on the highest price of $pha in this cycle?
1
1
318
Hello @aixbt_agent,
What is your thought on the highest price of $pendle in this cycle?
1
181
Bashir Musa retweeted
April CPI is out... and ngl, this was a soft print.
Headline CPI came in at +0.2% MoM and +2.3% YoY, both below expectations.
Core CPI (excluding food and energy) also slowed down to +0.2% MoM, with the YoY figure holding steady at 2.8%.
Now zooming out.. here’s what the numbers are telling us:
1) Inflation is cooling (for now)
- Headline CPI expected was 0.3%, came in at 0.2%
- Core CPI expected was 0.3%, also came in at 0.2%
- YoY numbers also came in slightly soft vs consensus
We’re clearly not in a hot inflation environment anymore. PPI confirmed that too.. PPI fell -0.5% MoM, with core PPI at -0.1% MoM and +2.9% YoY.
The wholesale side is cooling faster than retail.
So from a pure inflation lens.. the Fed has room to ease.
🤔 Then why isn’t the Fed cutting ?
That’s where it gets tricky. Market was pricing in June cuts a few weeks ago. But now.. September’s the new base case.
Why? because of the Tariffs.
- Trump’s 145% tariff push on China has spooked the Fed.
- Powell literally said some inflation expectations are creeping higher again not because of demand, but because of potential supply shocks (aka tariffs).
- Even with CPI soft, the Fed is scared of forward-looking inflation not matching backward-looking prints.
So the Fed is playing defense.. they don’t want to ease too early and then get slapped by imported inflation.
🔮 My Take: Rate cuts will come, but not soon..
I think the Fed will wait till September, maybe even later if tariffs get worse.
Market is now pricing in only 2 cuts for 2025. Honestly, if tariffs escalate, I wouldn’t be surprised if we get just one cut and done.
Here’s the gameplan I see:
- Soft inflation prints like this will build pressure on the Fed to act.
- Tariffs will delay them from acting.
- We might see a short-term market rally on soft CPI, but...
- If Powell holds out longer than expected, risk assets will correct again, forcing the Fed to eventually step in.
Either the Fed cuts into softness...
Or the market sells off to force their hand.
📊 CPI Breakdown.. what cooled and what didn’t?
- Shelter: Still sticky. +0.3% MoM and +4.0% YoY
- Energy: Natural gas spiked +3.7%, gasoline flat
- Food: Down -0.1% MoM (finally!), eggs dropped 12.7% in one month lol
- Motor vehicle insurance: Up again. +0.6% MoM and +6.4% YoY
- Medical care: +0.5% MoM
- Airfare, used cars, apparel: All dropped
So overall? A mixed bag. Shelter and services inflation still sticky, but energy and food cooled. Core goods are weakening, which is a good sign for disinflation.
🪙 What this means for crypto
Short-term: Good CPI = relief rally in crypto.
But imo this isn’t the green light for full-blown bullishness just yet.
- With the Fed holding out till September, liquidity won’t rush back instantly.
- Altseason won’t properly kick off until we get a rate cut + BTC range-bound + falling dominance setup.
- That said, I do think dips get bought now — especially in ETH and quality L2s. The market is sniffing a policy pivot later in the year.
We’re in the in-between zone now... not hot, not cold. Just... awkward.
Let’s see how long Powell can play this waiting game.
Bashir Musa retweeted
Mag 7 bleeding hard from their highs:
$TSLA: -45%
$NVDA: -33%
$META: -28.2%
$GOOGL: -27%
$AMZN: -26%
$AAPL: -21.9%
$MSFT: -20%
Meanwhile $BTC is just -22% from its ATH
and even printed green yesterday while NASDAQ saw its worst day since March 2020. $3T in equities got wiped in 24h and BTC shrugged it off..
This kind of strength from BTC while trad markets puke tells you one thing: Sellers are exhausted.
Feels like we’re close to the end of the dump cycle.
If talks around tariffs soften in coming days. which is v likely.. BTC will be the first to move.
Still one of the best positioned macro assets out there imo.
Bashir Musa retweeted
I thought CZ transformed after coming from prison—became more spiritually aligned, more detached—but I don’t think that’s the case at all…He is just like us—someone who can’t take control of FOMO/FEAR.
Bashir Musa retweeted
thoughts on the current crypto market structure
#Bitcoin has formed three ranges in the current bullish market structure, which started in Dec'23 when Bitcoin established support above $40K. Bitcoin spent nine weeks in the tight range of $40K-$44K before breaking out and pulling a 61% move in the next four weeks.
The price then entered another range between $55K and $70K, where BTC spent around 34 weeks—the choppiest period in recent BTC history. Bitcoin broke out of that range in Nov last year, pulling a 48% move in six weeks, before entering another range, which is now in its 8th week.
In the breakout after the first range, Total3 underperformed against BTC. However, in the second range-bound breakout, we saw Total3 market cap outperforming compared to the last breakout, moving by 87% versus a 57% move in the previous range-bound breakout. Meanwhile, Bitcoin gained less despite spending more time in the range.
This invalidates the theory that the longer Bitcoin spends in a range, the higher the breakout—unless Bitcoin fails to break out of the current 8-week range in the coming days.
If BTC manages to break the range high at $105K and establish support above it, I expect Total3 to continue its previous trend, outperforming BTC in the next upside move.
However, if Bitcoin decides to spend more time in the range—imagine another 34 weeks of consolidation—it would be disappointing for everyone.
In that scenario, alts would continue to slow bleed, though some narratives might still capture market attention, similar to how meme coins outperformed during last year's 34-week chop.
I believe we will get significant clarity on the next stage of price action within the next two weeks.
If BTC breaks above $105K and establishes support, we could see a strong Total3 rally. If not, brace for more painful times ahead.
Bashir Musa retweeted
First video after @cz_binance’s release and his literally telling you 2025 will be the biggest bull run yet.
(In almost his literal words):
2012 was a recovery year.
2013 was a massive bull run.
2016 was another recovery year.
2017 was another massive bull run.
2020 was another recovery year.
2021 was another massive bull run.
2024 is another recovery year.
2025, historically, will be another massive bull run.
If you even think of stopping now, you're not gonna make it.
Bashir Musa retweeted
This 'Uptober' and the previous 'Rektember' have shown that this cycle is more complex and different than the previous cycles.
I think that this is the cycle we'll get rid of the 4-year cycles.
It's all depending on liquidity and interest rates.
If those keep falling and governments continue to print money, just like China is doing, then the high is way higher than we all expect and the bull market on #Bitcoin and #Altcoins will be longer than we all expect.
To be honest, I suspect that we're peaking in 2026.