The SEC is afraid of Binance and Coinbase, or vice versa. These entities are regulatory and seek to implement legislative rules in the United States. Non-compliance by Binance and Coinbase will lead them to legal problems and financial penalties, not the other way around.
We can argue about their impact on the price, but since they are not decisions that lead to the closure of both platforms, therefore, it did not appear to have a negative impact on the price.


After 616 days of registering here and you still describe yourself as a beginner, this is a big problem, even in university studies you cannot say that you are a beginner.

Why don't you care about Bitcoin price? So what made you join and hold bitcoin until now? You are the first person I met who doesn't care about bitcoin price because 99% of people invest in bitcoin for profit. Although there are still some people who see bitcoin as a currency, they still have to care about the price of bitcoin because a drop in the price of bitcoin will also cause them to spend more bitcoins than usual. And you can also easily see that 100% of the bitcoin discussions here are also related to the price.

Many of us believe that the price of Bitcoin will increase higher than the last ATH and it was already a few years ago when ATH was coming. Maybe institutions have been getting into Bitcoin since a few years ago and we are not aware of it so they can buy a lot of Bitcoin at very low prices. If so, at the last ATH yesterday, they already made a huge profit, so now they are just waiting for the price to get a reversal to a higher price.

Institutions don't seem to be afraid of what's happening in the market because they can use the opportunity to buy more Bitcoin, especially if the price could fall deeper than the current price. Those institutions are still waiting patiently to buy Bitcoin again because their target is long term.

That's just my speculation because I also don't know what institutions have bought or have a lot of Bitcoin. But what is clear is if the Bitcoin price can explode before or after the halving, we can get big profits like those obtained by these institutions. So don't miss buying Bitcoin while the price hasn't increased very high.

Exactly. Most likely, when bitcoin halving comes near, people prepare to buy more bitcoin and accumulate a lot of it to fill in their portfolio, and that includes having the institutions around that ultimately support and adopted bitcoin. Hence, bitcoin investment will be very prominent leaving them more scarce which means increases the price of every bitcoin. With that, as demand becomes higher, the supply becomes limited, which makes bitcoin more costly and expensive to buy.

Binance and Coinbase were sued by the SEC regarding some ATL coins. It was never about Bitcoin. Bitcoin does not fall into the category of security that the SEC has sued for. They have confirmed on their own that Bitcoin was never part of the concern. So it may have a bad effect on the market because 2 of the most reputable CEX were sued. But people understood that they can trust Bitcoin more than all the other shit coins. For this reason, people turned to Bitcoin rather than putting their effort into those shitcoins. That's why the market is moving up rather than going down.
There's a reason for that too. The whole crypto market moves based on sentiments. If Bitcoin's price pumps, others will follow as well. And upcoming halving is playing its role here too. History tells us that, every Bitcoin halving will push the market price. History repeats itself. So before that, we may see more pumps. So that could be the reason.

You do not have to beg for knowledge here because that's what this forum made for. And if you still have go beg then the purpose of this forum will vanished. You just have to ask it and wait for the answers.

My answers are, When the US authorities sued Binance and Coinbase, the time was around 1-5 June of 2023 and when the institutions like Block Rock and others applied for ETFs then the time was around 14-15 June 2023. As you know the first institute was Block Rock and after it, other organizations started to applied.

Purpose of mentioning the dates is, US wanted to eliminate the competition from US region that's why they eradicate the existence of Most famous exchanges from their territory and after the next week they started to promote and adopt crypto as well which has led many organizations to adopt it too. Just like Block Rock did. Even the US has announced their own Exchange which is yet to come.

And for your second query about pump and scarcity, you are totally right and that's why the price of BTC had increased due to high demand and less supply. As when the adoption of Crypto is being supported in US then the demand increased and due to the scarcity factor of BTC, the price of it also increased.

As they say, history may not repeat, but it sure does rhyme.  As I've stated several times before...  I think we're going to see the exact same thing that we've seen in multiple previous cycles now.  Traders will run up the price to the halving in anticipation of the event, then we will see a "buy the rumor, sell the news" situation where traders take profits sending the price downward immediately after the halving.  Then once a new bottom is found the market rallies like hell for 18 months with a blow off top.  Sure, things like FTX fraud could alter that course a little, but the destination from here will look the same.

I believe the institution is the other way around when they ought to be afraid because the US SEC lawsuit about Coinbase, Kraken, and Binance was a political game played to cause FUD in the market so that some institutions can come in. Mind you, they have access to the first information ahead of us and I believe they are already aware of the BlackRock and Fidelity investment group's move toward Bitcoin ETF.

I think that's exactly what they wanted to do but in other, for them to maximize their chances they want to cause panic in the market, the IMF have advised them and the government not to ban crypto cause it's impossible that they should regulate the market instead.

With or without the institution, the pump will happen based on the structure Satoshi used to create Bitcoin. It is just that the market traffic will be high if institutional investors enter the market.

Bitcoin halving is to reduce the miner's reward and it technically makes BTC to be scared in the market. The institutional investors won't be the reason for the scare of BTC. Their existence in the market will create increase in demand of BTC.

Bitcoin maximum coins are still the same regardless of how many institutions jump in the industry but the ever increasing of Bitcoin demand will out perform the incoming supply of Bitcoin creating a more scarce image of the coin. 

It is obvious that if the scarce image of Bitcoin is created by the sudden inflow of demand, the price will definitely increase.

The lost Bitcoin and the idle ones won't help the price surge if the demand keep on losing since we all know the one that will push the price of Bitcoin is not because of its mining supply  getting less but because of the demand and money being injected to the market.