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Top crypto tweets of the day – April 12th

source-logo  cryptopolitan.com 13 April 2023 07:19, UTC
Contents hide
1 FTX has recovered $7.3 billion
2 Core Inflation data comes in at 5.6%
3 Is Jim Cramer the inverse indicator?
4 BTC is a balance between decentralization & security
5 $100k BTC post halving
6 BofA says Bitcojn rally is going to last
7 Massive volatility incoming
8 Warren Buffett call bitcoin a gambling token
9 Bitcoin performance since Microstrategy adopted the Bitcoin strategy
10 Montana officially passes bill protecting the right to mine Bitcoin
11 Number of BTC Addresses in Profit (7d MA) just reached a 1-year
12 A Smart whale transferred 11K $BTC ($330M) to Bitfinex
13 Gemini takes a key step to register as a restricted dealer in Canada
14 Hong Kong’s biggest virtual bank, ZA, will provide fiat on-ramps for crypto exchange
15 ETH Open Interest in Perpetual Futures Contracts just reached a 16-month high
16 “America needs to embrace bitcoin”

FTX has recovered $7.3 billion

JUST IN: Bankrupt FTX has recovered $7.3 billion in assets and is considering relaunching the exchange in Q2.

— Watcher.Guru (@WatcherGuru) April 12, 2023

🚨🚨🚨 BREAKING 🚨🚨🚨

FTX HAS RECOVERED $7.3B in assets.

-CONSIDERS RELAUNCHING$FTT UP 200% 🚨🚨🚨

SOURCE: Telegram.

— Crypto Bitlord (@crypto_bitlord7) April 12, 2023

this shit must die! useless coins! scam coins! destroyed thousands of people and families! must die ! and I will never buy it! $FTT SCAM #fttscam pic.twitter.com/7y2eECJWRD

— EliZ¥ (@eliz883) April 12, 2023

Core Inflation data comes in at 5.6%

The core CPI annual rate in the United States was 5.6% in March, which was expected to be 5.6% and the previous value was 5.5%, ending five consecutive months of decline.

— Wu Blockchain (@WuBlockchain) April 12, 2023

Housing costs were the biggest factor in inflation in March, but it is a lagging indicator. Energy prices fell while food prices were flat.

— Wu Blockchain (@WuBlockchain) April 12, 2023

Is Jim Cramer the inverse indicator?

Bitcoin nearly +50% since Jim said he’d sell a month ago. Legend. pic.twitter.com/QAn3cjq0w0

— Inverse Cramer (Not Jim Cramer) (@CramerTracker) April 11, 2023

BTC is a balance between decentralization & security

Working on this. Thoughts on these placements so far?

BTC is a balance between decentralization & security with lacking scalability

ETH may have picked up some scalability with PoS transition but lost decentralization & security.

Arb, Op, Poly are just completely centralized &… pic.twitter.com/esB04emEOJ

— Chris Blec (@ChrisBlec) April 12, 2023

$100k BTC post halving

#Bitcoin > 2Y realized > 5M realized > realized price🚀

What's next?
– BTC > $33k (back in S2F model 1 st.deviation band)
– BTC > $60k (back to S2F model value)
– BTC in $100k-1m range (S2F value post 2024 halving) pic.twitter.com/swXHWYVOh8

— PlanB (@100trillionUSD) April 12, 2023

BofA says Bitcojn rally is going to last

NEW‼️ #Bitcoin rally will continue through 2023, says Bank of America pic.twitter.com/evCgcfK5v3

— Bitcoin Archive (@BTC_Archive) April 12, 2023

Massive volatility incoming

Lots of sell pressure coming:

-FTX liquidators going to have to sell $7 bil+ of tokens to repay creditors

-900 BTC/day miners emmisions

-40k BTC still needs to be sold by USA gov over the next year

-$30 billion staked ETH getting unlocked during Shanghai

— depression BTC (@depression2019) April 12, 2023

Warren Buffett call bitcoin a gambling token

Warren Buffett warned there has been an explosion of gambling in financial markets and called bitcoin a gambling token. Buffett compares Bitcoin and other cryptocurrencies to gambling activities such as roulette and slot machines. He highlights that people may be drawn to the…

— Wu Blockchain (@WuBlockchain) April 12, 2023

Bitcoin performance since Microstrategy adopted the Bitcoin strategy

Consider a #Bitcoin Strategy. pic.twitter.com/XeixyD37jP

— Michael Saylor⚡️ (@saylor) April 11, 2023

Montana officially passes bill protecting the right to mine Bitcoin

JUST IN: 🇺🇸 Montana officially passes bill protecting the right to mine #Bitcoin in the House and Senate 👏 pic.twitter.com/M94TmGRL9N

— Bitcoin Magazine (@BitcoinMagazine) April 12, 2023

Number of BTC Addresses in Profit (7d MA) just reached a 1-year

📈 #Bitcoin $BTC Number of Addresses in Profit (7d MA) just reached a 1-year high of 33,312,077.256

Previous 1-year high of 33,311,905.429 was observed on 05 April 2023

View metric:https://t.co/qLnvDYVzPt pic.twitter.com/yj4y5MoeyG

— glassnode alerts (@glassnodealerts) April 12, 2023

A Smart whale transferred 11K $BTC ($330M) to Bitfinex

A smart whale transferred 11K $BTC ($330M) to #Bitfinex 1 hr ago.

The whale received 46,542 $BTC ($935M ) from #Bitfinex at an average price of $20,083.

Then transferred 36.5K ($1B) to #Bitfinex at a price of $28,039.

Currently holds 10,042 $BTC ($304M ), the profit is $390M. pic.twitter.com/0b5AFFwr3f

— Lookonchain (@lookonchain) April 12, 2023

Gemini takes a key step to register as a restricted dealer in Canada

Canada has played an essential role in Gemini’s international expansion. By providing a pre-registration undertaking to the Ontario Securities Commission (OSC), we are taking a key step in our application to register as a restricted dealer with the OSC.

We are glad to show our… pic.twitter.com/eStEz35u5o

— Gemini (@Gemini) April 12, 2023

Hong Kong’s biggest virtual bank, ZA, will provide fiat on-ramps for crypto exchange

BREAKING‼️ Hong Kong’s biggest virtual bank, ZA, will provide fiat on-ramps and bank account services for the city’s #Bitcoin and crypto sector – Bloomberg pic.twitter.com/HRJLTRDGZk

— Bitcoin Archive (@BTC_Archive) April 12, 2023

ETH Open Interest in Perpetual Futures Contracts just reached a 16-month high

📈 #Ethereum $ETH Open Interest in Perpetual Futures Contracts just reached a 16-month high of $1,108,176,713.53 on #Bybit

Previous 16-month high of $1,107,831,712.33 was observed on 29 October 2022

View metric:https://t.co/idKO9SSbFA pic.twitter.com/5au8eX2Hfb

— glassnode alerts (@glassnodealerts) April 12, 2023

“America needs to embrace bitcoin”

"America needs to embrace #bitcoin"

"We have a technology that is impervious to hacking, America dominates the mining industry, and the future of the economy is in cyberspace", reports @natbrunell pic.twitter.com/bRRVNDJPt2

— Documenting ₿itcoin 📄 (@DocumentingBTC) April 12, 2023
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