Top crypto tweets of the day – April 21st

23.04.2023

25 4 minutes read

Contents hide 1 Coinbase meets SEC 2 Over 10-year-old Bitcoin wallet has been activated 3 3AC founders reveal investors of their new venture OPNX 4 BAYC floor price is down 100 ETH 5 First epoch where the #bitcoin balance on exchanges has gone down 6 The world is severely short Bitcoin 7 Tether mints $1 billion USDT 8 Will there be a Metamask token in the future? 9 People have voluntarily “thrown away” 2650+ BTC ($80M+) over the years 10 Trezor stick found inside Terra founder Do Kwon during body inspection 11 ETH withdrawals surge again 12 Is S2F model invalid? 13 ALGO liquidity on Coinbase has taken a big hit after the SEC alleged that it’s a security 14 ~$150M+ in Bitcoin bid liquidity laddered down to $25k 15 Bitcoin is now trading below the monthly/quarterly open

Coinbase meets SEC

Met with the SEC today. We’ll continue pushing for a clear rule book in the U.S. for crypto regs.
The U.S. can’t afford to fall behind on this important technology to update the financial system.
Also important for regulators to set policy and THEN enforce it. Not start with… pic.twitter.com/EaPD7wDbSx
— Brian Armstrong (@brian_armstrong) April 21, 2023

Spent the day in DC meeting with members of congress. We need regulatory clarity in the U.S. for the centralized players in crypto for many reasons – consumer protection, national security, economic growth, etc.
The SEC has caused untold harm to America with its policy of… pic.twitter.com/eV13Ny66db
— Brian Armstrong (@brian_armstrong) April 20, 2023

Over 10-year-old Bitcoin wallet has been activated

JUST IN: A dormant wallet holding 1,128 #Bitcoin worth $31.5 million has been activated after 10.5 years.
— Watcher.Guru (@WatcherGuru) April 21, 2023

3AC founders reveal investors of their new venture OPNX

OPNX launched by the founders of 3AC, announced that its investors include AppWorks, SIG, DRW VC, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent and Tuwaiq Limited. Earlier, OPNX completed a financing of $25 million. Many of them are from the Greater…
— Wu Blockchain (@WuBlockchain) April 21, 2023

BAYC floor price is down 100 ETH

BAYC is down 100 ETH pic.twitter.com/PM6f3yGOYT
— FFV (@FFVV1211) April 20, 2023

Yes BAYC floor is down bad but Lots of projects are starting to reflect their true value, I’m comfortable where BAYC might end up and plus they paid most of us out more than then floor is rn especially if you held more than one ape🤝 and even more if you’re staking
— FFV (@FFVV1211) April 21, 2023

First epoch where the #bitcoin balance on exchanges has gone down

This is the first epoch where the #bitcoin balance on exchanges has gone down…
This time is different.#BTC pic.twitter.com/4QmoZ7Mo6I
— A u s t i n | Open-Source Fitness (@_AustinHerbert) April 21, 2023

The world is severely short Bitcoin

The world is severely short #Bitcoin.
19.4 million total $BTC are in circulation, or about 92% of the 21 million bitcoin that will *ever* be mined. Only 8% of the supply is still up for grabs.#Bitcoin stands alone as the only significant proof-of-work asset, it’s 21 million… pic.twitter.com/CCvcGzahfd
— Mark Harvey (@thepowerfulHRV) April 20, 2023

Tether mints $1 billion USDT

💵 💵 💵 💵 💵 💵 💵 💵 💵 💵 1,000,000,000 #USDT (1,000,400,000 USD) minted at Tether Treasuryhttps://t.co/Tpsakud9df
— Whale Alert (@whale_alert) April 20, 2023

PSA: 1B USDt inventory replenish on Ethereum Network. Note this is a authorized but not issued transaction, meaning that this amount will be used as inventory for next period issuance requests and chain swaps.
— Paolo Ardoino 🍐 (@paoloardoino) April 20, 2023

Will there be a Metamask token in the future?

It’s coming 🤯🚀https://t.co/n1I13Gkb1P
What do you think? 🪂😁 pic.twitter.com/NaAY14GMZC
— Airdrop Adventure 🧭 (@Airdrop_Adv) April 21, 2023

Placeholder for the Eventual Metamask token! 😁 pic.twitter.com/vGec8gLB0U
— Airdrop Adventure 🧭 (@Airdrop_Adv) April 21, 2023

People have voluntarily “thrown away” 2650+ BTC ($80M+) over the years

People have voluntarily “thrown away” 2650+ BTC ($80M+) over the years
Some highlights:
-2130 BTC were sent to the 2014 Counterparty ICO address
-An address “1BitcoinEaterAddressDontSendf59kuE” holds $375K in BTC
-Someone made a burn address Star Wars poem (for 0.0006408 BTC) pic.twitter.com/jV6msNKepJ
— Conor (@jconorgrogan) April 21, 2023

These coins will never be recovered (barring ECDSA crack) as nobody controls the private keys
See a full list of BTC burn addresses I could find here- Feel free to submit ones I missed.https://t.co/Jzwnu1yKFT
— Conor (@jconorgrogan) April 21, 2023

Trezor stick found inside Terra founder Do Kwon during body inspection

Trezor stick found inside Terra founder Do Kwon during body inspection.
A natural place to hide shitcoins.
— whalechart (@WhaleChart) April 20, 2023

ETH withdrawals surge again

Second wave of full withdrawals underway so you’re definitely wondering who’s behind it and if it’s concerning
It’s Kraken, with over 330K ETH in full withdrawals. Another ~175K in ETH left which is largely principal withdrawals. pic.twitter.com/iLmf7AHKWx
— Martin Lee | Nansen 🧭 (@themlpx) April 20, 2023

Is S2F model invalid?

Saying S2F model is “wrong/invalid/broken”, means saying BTC price pumps after 2012, 2016, 2020 halvings (red arrows) are coincidences, random, unrelated to halvings.
Possible, but I disagree. IMO 21M cap, supply schedule, 4y halving cycle are fundamental to BTC price. IMO the… pic.twitter.com/2ZOUGPhVtM
— PlanB (@100trillionUSD) April 21, 2023

It is invalid, in the most literal, technical, and statistical sense, yes.
This has been demonstrated by many an accomplished statistician.
It speaks volumes that P B still flogs this horse, and still has no new model to shill, 4yrs after the original.https://t.co/6csFUWtGls https://t.co/oMHB8Qvz3t
— _Checkɱate 🔑⚡🌋☢️🛢️ (@_Checkmatey_) April 21, 2023

ALGO liquidity on Coinbase has taken a big hit after the SEC alleged that it’s a security

$ALGO liquidity on Coinbase has taken a big hit after the SEC alleged that it’s a security pic.twitter.com/tup6aoj3Vx
— Riyad Carey (@riyad_carey) April 21, 2023

~$150M+ in Bitcoin bid liquidity laddered down to $25k

~$150M+ in #Bitcoin bid liquidity laddered down to $25k. It’s good to see some depth, but also need to see some density closer to the active trading range.
If bulls can’t reclaim $29k, bears are going to push for a retest of the 200-Week Moving Average.
Will continue to watch… pic.twitter.com/im5FnHa633
— Material Indicators (@MI_Algos) April 21, 2023