Solana ETFs approaching launch: Solana may soon have new ETFs as Cboe BZX Exchange has filed applications allowing funds related to Solana to be listed. Funds like Bitwise, VanEck, 21Shares, and Canary Capital have been preparing for this possibility since mid-year. This creates great expectations for the cryptocurrency market, especially when the SEC may approve these applications soon. This approval would open up significant new investment opportunities for Solana, increasing the market’s appeal to institutional investors.

Management changes at the SEC: Gary Gensler, the head of the SEC, will step down in January 2025. His departure could lead to changes in cryptocurrency regulatory policies in the U.S., particularly coinciding with when President-elect Donald Trump is expected to take office. This could cause interest and concern among investors about the market’s direction. Leadership changes at the SEC can bring about wide-ranging policy changes, significantly impacting the cryptocurrency market.

Bitcoin’s price volatility: Bitcoin’s price is predicted to potentially drop to 90,000 USD due to a major sell wall between 99,300 USD and 100,000 USD. Famous trader Crypto Chase notes that this adjustment could be healthy, helping Bitcoin consolidate before surpassing the 100,000 USD threshold. On CoinMarketCap, Bitcoin’s current price is 98,877 USD, continuing to experience pressure from price volatility. Regular price analysis shows that volatility is normal in the market, and the key is predicting and managing risk.

Delio incident and scams: The Delio platform from South Korea declared bankruptcy, losing 1.75 billion USD in assets. Additionally, a scam group is targeting cryptocurrency managers to profit through fake customer support calls for Coinbase. These news items are causing concern for investors, calling for high vigilance. Warnings about bankruptcy cases and scams further increase caution and fear in the cryptocurrency investment community.