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According to Foresight News, Bitget CEO Gracy Chen said in an interview with Bloomberg TV that Bitcoin's fluctuations around the $100,000 mark reflect a strong "arbitrage" sentiment in the short-term market. She pointed out that, especially for some whale users who have been building positions since 2022, their average holding cost is only about $20,000. Although the future cryptocurrency regulation in the United States may tend to be relaxed, the relevant uncertainty is still an important consideration for investors, and some investors choose to take profits at the current price. At the same time, Bitcoin's recent performance has provided more opportunities for altcoins. However, regarding the news circulating in the market that "altcoin ETFs such as DOGE and SOL may be approved soon", she believes that there are still multiple challenges: First, the order of approval. Based on the experience of Bitcoin and Ethereum ETFs, the mainstream market usually passes futures ETFs first, and then passes spot ETFs of related assets, and these altcoin futures ETFs have not yet been approved; second, regulatory differences. Some regulators still have disputes over whether tokens such as SOL are securities, which may affect the relevant approval process. Third, there is the risk of market manipulation. Most altcoins are not as decentralized as BTC and ETH, and the possibility of market manipulation is relatively higher.

7:00-12:00 Keywords: Circle, Vitalik, South Korea, Ethereum Foundation 1. Circle Co-founder: USDC circulation has exceeded $40 billion; 2. Vitalik: Has been labeled as "evil" since July 20, 2016; 3. Several Solana ETF applications will face their first review deadline on January 25 next year; 4. South Korea's largest opposition party: If Yoon Suk-yeol does not step down immediately, impeachment proceedings will be initiated; 5. "Bitcoin Jesus" Roger Ver seeks to dismiss tax evasion charges on grounds of government overreach; 6. South Korea's ruling party may demand Yoon Suk-yeol to leave the party and propose the entire cabinet resign and dismiss the defense minister; 7. Ethereum Foundation announced the list of Q3 funded projects, with a total funding amount of $12.8488 million.