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- Billy Restey immortalizes SEC\u2019s Gary Gensler X post on Bitcoin blockchain, ensuring clarity after a false ETF approval claim rattles the crypto market.<\/span><\/li>\n<\/ul>\n
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\n<\/a> <\/p>\nDigital artist Billy Restey has inscribed U.S. Securities and Exchange Chair Gary Gensler\u2019s tweet debunking a false Bitcoin exchange-traded fund approval announcement onto the Bitcoin blockchain. <\/span><\/p>\n
The inscription was a response to a security breach of the SEC\u2019s official Twitter account, which led to a misleading post claiming that all thirteen spot Bitcoin ETFs had been approved, causing a temporary drop in Bitcoin\u2019s price. <\/span><\/p>\n
Restey\u2019s inscription immortalizes Gensler\u2019s clarification tweet, ensuring that this moment in cryptocurrency history will not be forgotten. <\/span><\/p>\n
The false tweet, which appeared on Tuesday, sent shockwaves through the cryptocurrency community, with Bitcoin\u2019s value plummeting to just above US$45,500. <\/span><\/p>\n
See Also: <\/span>SEC Chair Gary Gensler\u2019s False Tweet Immortalized On Bitcoin Ordinal Forever<\/span><\/a><\/p>\n
Restey\u2019s inscription, numbered 53,995,422, is one of over 53 million Ordinal inscriptions created since the protocol\u2019s introduction. <\/span><\/p>\n
Ordinals, often likened to Ethereum-based non-fungible tokens (NFTs) for the Bitcoin blockchain, allow for the minting of various digital assets, including images, text, and even video games.<\/span><\/p>\n
Bitcoin has been the leading blockchain for NFTs by sales volume in the past 30 days, with over US$890 million in sales, CryptoSlam <\/span>data<\/span><\/a> shows. Ethereum, the all-time leader in sales, recorded over US$318 million in NFT sales in the same period. <\/span><\/p>\n
There are 13 spot Bitcoin ETF applications from major financial institutions like BlackRock and Fidelity awaiting SEC approval. The agency\u2019s deadline for Ark\/21Shares\u2019 application is today (Jan. 10). <\/span><\/p>\n
According to Eric Balchunas, an ETF analyst for Bloomberg, the SEC is expected to announce formal approvals for several spot Bitcoin ETFs as early as 4 p.m. ET. <\/span><\/p>\n<\/p><\/div><\/div><\/div>\n
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- Source:<\/span> https:\/\/bitcoinworld.co.in\/restey-immortalizes-gary-genslers-x-post-on-the-bitcoin-blockchain\/<\/a><\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":3055249,"template":"Default","meta":{"_eb_attr":"","type":"","auto_type":false,"post":"","stream":"","stream_url":"","waveform_data":[],"duration":0,"start":0,"end":0,"bpm":0,"downloadable":false,"download_url":"","purchase_title":"","purchase_url":"","post-count-all":0,"like_count":0,"download_count":0,"editor_note":"","copyright":"","captions":[],"sources":[]},"genre":[41],"station_tag":[21246,38012,33649,27625,10944,3759,69363,69529,69026,74103,13775,40105,4263,39830,3761,69923,68956,68950,3632,18340,9922,3820,14388,4047,3681,17769,69402,23525,48551,4839,48552,3683,41468,48554,68863,3634,34577,3994,48390,6095,3884,3826,5417,48555,10957,12140,12200,18275,12948,48293,20459,48588,3690,13213,11290,3641,3723,3767,28267,14274,76179,3835,3837,3643,15337,3692,11016,76408,4004,7196,3646,31802,39858,3797,9898,9712,69030,69742,5702,4490,3900,4066,48556,43614,13087,13776,3845,4566,48069,16398,20139,69445,18474,4313,18595,3650,13353,13535,34571,19265,3953,4081,11476,28862,21254,48558,69019,10874,3735,3736,48580,3959,3658,3741,12947,69854,40450,10997,4406,20756,4407,8889,4922,17294,40834,48559,460,69346,48560,17454,69348,68865,23402,12133,7457,8453,9642,30372,3665,10527,40372,3776,22091,19892,48565,4788,29690,13653,4023,4024,4220,70466,12941,77704,15952,12444,3748,23914,3714,37251,4506,75195,48561,13215,77316,68948,9055,19267,9409,3813,10901,3673,40124,36021,3675,466,3981,9881,3984,15483,3782,11001,3874,5441,3756,68958,36520,27168,48562,4927,14555],"artist":[48384],"mood":[],"activity":[],"_links":{"self":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/station\/3055248"}],"collection":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/station"}],"about":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/types\/station"}],"author":[{"embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/media\/3055249"}],"wp:attachment":[{"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/media?parent=3055248"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/genre?post=3055248"},{"taxonomy":"station_tag","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/station_tag?post=3055248"},{"taxonomy":"artist","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/artist?post=3055248"},{"taxonomy":"mood","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/mood?post=3055248"},{"taxonomy":"activity","embeddable":true,"href":"https:\/\/platodata.io\/wp-json\/wp\/v2\/activity?post=3055248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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