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

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Top crypto tweets of the day – April 12th

Contents

FTX has recovered $7.3 billion

Core Inflation data comes in at 5.6%

Is Jim Cramer the inverse indicator?

BTC is a balance between decentralization & security

$100k BTC post halving

BofA says Bitcojn rally is going to last

Massive volatility incoming

Warren Buffett call bitcoin a gambling token

Bitcoin performance since Microstrategy adopted the Bitcoin strategy

Montana officially passes bill protecting the right to mine Bitcoin

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

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

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

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

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

“America needs to embrace bitcoin”

Share link:

Ibiam Wayas

Most read

Stay on top of crypto news, get daily updates in your inbox

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Cryptopolitan daily

Top crypto tweets of the day – April 12th

Contents

FTX has recovered $7.3 billion

Core Inflation data comes in at 5.6%

Is Jim Cramer the inverse indicator?

BTC is a balance between decentralization & security

$100k BTC post halving

BofA says Bitcojn rally is going to last

Massive volatility incoming

Warren Buffett call bitcoin a gambling token

Bitcoin performance since Microstrategy adopted the Bitcoin strategy

Montana officially passes bill protecting the right to mine Bitcoin

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

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

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

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

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

“America needs to embrace bitcoin”

Share link:

Ibiam Wayas

Most read

Stay on top of crypto news, get daily updates in your inbox

Related News

Anonymous Crypto Influencer Exposes Notorious Lazarus Group in Detailed Report

Hong Kong vs. US: Which Crypto ETF Market Offers Better Diversification?

Pakistan Mulls Moving Towards Digital Currency: Muhammad Aurangzeb, Finance Minister

How easy and cheap it is to move to El Salvador with crypto

Cryptopolitan daily

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