The SEC has postponed its decision on Grayscale's Immediate Ethereum ETF until June 23 amidst careful review of cryptocurrency ETF applications.

The U.S. Securities and Exchange Commission (SEC) has decided to further delay the proposal by Grayscale regarding an Ethereum ETF for immediate trading. The review deadline has been extended to June 23. This delay indicates a setback in the approval process for cryptocurrency-based ETFs in the U.S.

Grayscale submitted Form 19b-4 to NYSE Arca in October to convert its existing Ethereum Trust into an ETH ETF for immediate trading. In January, Grayscale successfully converted its Bitcoin Trust into a Bitcoin ETF for immediate trading.

Read more of this news here.

So am just curious to know what are the odds of everything changing this time around when the halving comes and goes .

In my view, that can be hard question to quantify and I think there will be no straight answer to that unless we are already in 2025 and we can get back to this thread to see the many developments that occurred and analyze them. One thing for sure is that halving 2024 is a unique one primary because a new ATH was reached even before the halving and the reason for that can be the famous ETFs already in the market. Now, it is a common knowledge that halving usually prod Bitcoin to reach new heights after the halving but this can be taking some months so there is a possibility that we would have new two ATHs this time around: before and after halving. And I think the odd for that to come in reality is very good.

In my own view, all people must have the right to privacy and anonymity all the time though this right can be waived voluntarily most especially in exceptional situations maybe involving the law and government regulations. There are a lot f reasons why people would prefer to be private and not to divulge or open up themselves to the public and as for me the number reason is personal protection. Now, we should understand that this right is not absolute because there are those who are infringing on the rights of other people using the shield of anonymity thinking that they can abuse this right in order to pursue their own interest at the expense of other people. We should be using this right legally and above board so that things will be smooth and nobody can be hurt. So to the question whether this can be good or bad, the answer lies on how we are using it.

I don't advice entering a competition when you not yet skilled or experienced. Is not worth it  You will make losses that wouldn't meet the reward. Future trading is risky like very risky as a newbie trader

I would 100% agree with this advice most especially for a newbie like you. Future trading is not something that a newcomer like you should get into as there are more risks here...though seasoned traders can do well since they already have their foundations laid down and they know the many ins and outs of the business. Though, if you think that you know how to control your risk exposure, then get in for the sake of the experience and the lessons you can learn. All I would say is: be always careful and never let your emotions ruin your decision-making process. Good luck, man!

We can say that the biggest impact of Bitcoin halving can come after the very event and it can take some time before it materialize before our every eyes. This is assuming that halving 2024 will be following the historical precedents and not be a unique one where it would be following a different path this time around. Well, only time can really tell which direction will Bitcoin eventually go...so this can be like a wait and see game for all of us. The lesson here is quite clear: continue on holding and even buy more as the current price is still very attractive.

Sa isang inaasahang hakbang galing sa SEC Philippines, kumuntak na ito sa Google at Apple na alisin na ang Binance App sa kanilang platform para di na talaga makapag-negosyo pa ang Binance kahit kailan dito sa buong bansa at ang mga members nito ay di na maka-access pa sa Binance. Kasunod ito sa desisyon ng SEC na wag na payagan ang Binance na maka-operate pa sa Pilipinas dahil sa kadahilanang wala itong license at legal na katayuan dito sa atin. Sa pangyayaring ito, mahirap na ngang manatili pa sa Binance kasi di natin alam ang mga sunod pang gagawin ng SEC kaugnay sa isyung ito.


1. Ano ang nararamdaman mo sa pagpaalis ng SEC sa Binance dito sa Pilipinas? Ito ba ay nararapat lamang o medyo di makatarungan lalo na sa mga maliliit na tao na nasa industriya ng cryptocurrency?

2. Sa tingin mo, babalik pa kaya ang Binance dito sa Pilipinas sa pamamagitan ng pag-comply ng mga requirements na kailangan para maging legal sila dito sa ating bansa?

Coinbase Global Inc., one of the leading cryptocurrency exchanges, is anticipating that with the Bitcoin halving completed, macroeconomic factors will be pivotal in dictating the price trajectory of digital asset markets.

This is a clear contradiction from previous post-halving events where a bullish run is certainly guaranteed due to industry-based push factors.

According to a research report, analyst David Han emphasized the significance of external factors in influencing crypto markets, even as crypto fundamentals remain robust. Some of the external drivers ticked by Hans include heightened geopolitical tensions, prolonged periods of elevated interest rates, reflationary policies, and escalating national debts.

Analysts anticipate that given these prevailing macroeconomic conditions including geopolitical tensions and monetary policy decisions, the cryptocurrency market is likely to chart a different path post-halving.

More details on this here.



With both ETF approval and halving done and their influence already maximized in the price movement of Bitcoin, I am sure that the market will be focusing on other factors including those that got nothing directly to do with it.

1. Do you believe that Bitcoin will really be influenced by external factors like, for example, the geopolitical tension happening right now in the Middle East and the ongoing weakness of the global economy?

2. Do you think that despite these factors, Bitcoin will eventually reach $100K within this year and be at $150 in 2025...or you think that these are just speculations hard to be a reality?

3. Do you have your own projections on where Bitcoin will be a month, a quarter from now and what can be the basis of your own projections?

What happens when a shareholder decides to dump a large amount of such shares on the market? Would that be equivalent to dumping bitcoins? After all, it's just a change in the company's ownership and bitcoins held by the company remain untouched.

This is a good question and since we are now seeing this thing happening in the market right now, maybe discussing this to further illuminate on the subject can be worth it. As for me, the situation you mentioned above will not have a direct effect on the price of Bitcoin as it is the shares of that company that got sold and is not really the Bitcoin being held by the company in question. Now, will there be a kind of ripple effect on the market that can sway Bitcoin somehow? I think it got something to do with confidence on Bitcoin. Like why would you sell shares of that company if you think that Bitcoin will continue on soaring? This will come into focus with big companies because a move like selling shares will come on the news much more so if there is some connection to Bitcoin.