Fozoro (@fozoro101) 's Twitter Profile
Fozoro

@fozoro101

The Web3 Thinker💡| Sharing my thoughts and ideas | nfdreams founder | ex-@cryptocom PM

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calendar_today13-05-2021 22:25:36

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DOGE 🇺🇸 paying dividends to U.S. citizens would feel like the COVID stimulus checks that sent crypto to the moon.

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- $1.4B ETH stolen from Bybit multisig wallet (Safe.eth). - Attackers spoofed the UI, tricking team into signing a malicious transaction. Conclusion? No matter how strong the blockchain’s is, humans are the weakest link.

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Something reassuring for you all (that I don't see many people talking about)! The market cap of USDT hasn't changed that much since this week's dump. While money is indeed leaving #BTC and #Altcoins it's isn't getting converted back into fiat (investors waiting for the right

Something reassuring for you all (that I don't see many people talking about)!

The market cap of USDT hasn't changed that much since this week's dump. 

While money is indeed leaving #BTC and #Altcoins it's isn't getting converted back into fiat (investors waiting for the right
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🚨ETF $BTC: $94.3M Inflow $ETH: $41.9M Outflow This is the first inflow we saw for BTC in days. All in all bullish! ETH will follow :)

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🚨 #4464 SOLD FOR $2.2M (1,1011 ETH) Liquidity in crypto usually trickles down BTC => Alts => NFTS/Memes Until we see more of these multimillion sales I doubt we’ve reached the top (That said I do believe the @pumpdotfun changed quite a few things this run)

🚨 <a href="/cryptopunks/"></a> #4464 SOLD FOR $2.2M (1,1011 ETH)

Liquidity in crypto usually trickles down 

BTC =&gt; Alts =&gt; NFTS/Memes

Until we see more of these multimillion sales I doubt we’ve reached the top

(That said I do believe the @pumpdotfun changed quite a few things this run)
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Pumpfun's volume is finally drying up! This is super bullish, as it'll finally free some liquidity for utility coins to start going up. Pumpfun was/is the cancer of this bull run.

Pumpfun's volume is finally drying up!

This is super bullish, as it'll finally free some liquidity for utility coins to start going up.

Pumpfun was/is the cancer of this bull run.
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To clear things up: Stockpile: Stored goods for future use (released when needed) Strategic Reserve: Gov-controlled supply for emergencies (released only in crisis)

To clear things up:    

Stockpile: Stored goods for future use (released when needed)

Strategic Reserve: Gov-controlled supply for emergencies (released only in crisis)
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Initial Jobless Claims: 223K (Expected: 224K) Continuing Jobless Claims: 1.892K (Expected: 1,890K) All in all the initial jobless claims data isn't great for the markets and the continuing jobless claims is rather bullish. Doubt we'll see any major impact on the markets.

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So the US now charges 104% on Chinese imports, in 2024 the US imported from China (to name a few): - $127B Electronics - $85B Machinery - $32B Toys/Games - $21B Plastics In total over $462B, you can't just magically start producing all of this in the US overnight. A lot of

So the US now charges 104% on Chinese imports, in 2024 the US imported from China (to name a few):
- $127B Electronics
- $85B Machinery
- $32B Toys/Games
- $21B Plastics

In total over $462B, you can't just magically start producing all of this in the US overnight.
A lot of
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🚨US CPI DATA is releasing today🚨 Time: 08:30 AM ET Forecast: 2.5% If the actual number is lower, we'll see a continuation of yesterday's pump.

🚨US CPI DATA is releasing today🚨 

Time: 08:30 AM ET
Forecast: 2.5%

If the actual number is lower, we'll see a continuation of yesterday's pump.
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In short - the US has 125% tariff on China - China has a 145% tariff on the US With the US having a $295B trade deficit with China I can't imagine these tariffs holding for long.

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Many posts on X today claim that Trump plans to fire Powell. I think it’s just psychological pressure: he wants Powell to cut rates and to shift the blame for the economy from tariffs to monetary policy. If Trump could (or wanted) to fire him, he would have done so long ago.

Many posts on X today claim that Trump plans to fire Powell.

I think it’s just psychological pressure: he wants Powell to cut rates and to shift the blame for the economy from tariffs to monetary policy.

If Trump could (or wanted) to fire him, he would have done so long ago.