Crypto Trading Coming to Twitter

Coinigy
3 min readApr 17, 2023

Hello there!

Welcome to another roundup of everything that happened in crypto this past week.

Twitter never seems to get enough of the media’s attention. If they’re not changing logos to cute doges, they want to integrate stock and crypto trading directly into the app.

This time, the app might be close to achieving this dream — the latter, that is — thanks to a recent partnership with eToro.

If this happens, guess the first crypto that’ll be available on the social media app?

We’re definitely not saying it’s Dogecoin, but you’d want to start tracking some meme coins on your Coinigy account.

Anyway, here’s the main highlight of this past week.

  • Twitter partners with eToro to show real-time stock and crypto information
  • FTX has recovered $7.3B in assets, will consider rebooting exchange
  • Ethereum’s Shapella hard fork executed on mainnet
  • Bitcoin price spikes above $31K; is this the start of a bull market?

Twitter partners with eToro to show real-time stock and crypto information

Twitter has partnered with the investment platform eToro to show real-time information about stocks and crypto prices. This expands upon the social network’s Cashtag feature, which provided info about a limited number of stocks and crypto coins through TradingView data. Read the full news.

FTX has recovered $7.3B in assets, will consider rebooting exchange

FTX’s chief bankruptcy lawyer said in a Wednesday court hearing that the exchange is considering a reboot, but that it’s just one of many options. Read the full story.

Ethereum’s Shapella hard fork executed on mainnet

The Shapella hard fork, which allows Ethereum validators to withdraw their staked Ether from the Beacon Chain, has finally been implemented on the Ethereum mainnet. This upgrade was executed at epoch number 194,048 on April 12, 2023, after a long period of anticipation. Read the full story.

Bitcoin price spikes above $31K; is this the start of a bull market?

Data from Cointelegraph Markets Pro and TradingView captured new 10-month highs of $31,035 for BTC/USD on Bitstamp. The pair had risen gradually the day before after a consolidatory period around new macroeconomic data prints from the United States. While Bitcoin did not react immediately, the latest uptick reinforced market participants’ convictions over continued strength and a break with the long-term downtrend. Read the full story.

Other Highlights Worth Mentioning

  • Justin Sun Reportedly Issued Summons in SEC Lawsuit — Blockworks
  • El Salvador grants first Digital Asset License to Bitfinex — Coindesk
  • Binance, Circle Flock to France on Macron’s Crypto Policies — Bloomberg
  • Misconfigured yUDT results in $11.6m Exploit for Yearn Finance — Cyvers
With this newly introduced liquidity, ETH faces heavy challenges ahead as it is facing critical resistance levels formed since Aug 2022. Will the unlocked ETH supply flood the market and cause heavy selling pressure?

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