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AVAX and DOT: Altcoin Analysis for January 10, 2024
Yesterday, Bitcoin experienced exceptional volatility due to fake news about ETF approval, fluctuating between $48,000 and $45,000 within an hour. The situation on the BTC chart has since stabilized. Here's a detailed analysis of the market conditions for the alternative cryptocurrencies Avalanche (AVAX) and Polkadot (DOT) as of Wednesday, January 10. 
The market is heating up, as Spot Bitcoin ETF issuers have submitted updated applications, and now are vying to provide the most attractive commission rates to their clients. Some are introducing lowered or even zero commissions for an initial period of 6-12 months. Other cases involve fees tied to a certain investment threshold. 
Matrixport has shifted its view on the likelihood of a Bitcoin ETF approval, now asserting that the U.S. Securities and Exchange Commission (SEC) will reject all such applications in January 2024. The company attributes this change in stance to the SEC's current political dynamics and Chairman Gary Gensler's personal opinions. 
BTC, ETH and PAXG Price Analysis for December 26, 2023
Bitcoin continued its trade within the previously identified support and resistance zones over the weekend. This report offers an analysis of the market conditions for Bitcoin (BTC), Ethereum (ETH), and Pax Gold (PAXG) as of Tuesday, December 26. 
BTC, ETH and PAXG Price Analysis for January 8, 2024
The New Year holidays didn't bring significant changes to the BTC chart, and the first week of January stayed within the previously identified support and resistance zones. Here's an analysis of the current market situation for Bitcoin (BTC), Ethereum (ETH), and Pax Gold (PAXG) as of Monday, January 8. 
NEAR and XMR: Altcoin Analysis for December 29, 2023
While Bitcoin hovers around $42,400, the market's focus, especially with the approach of New Year's Eve, seems to be shifting from asset movement to holiday preparations. We offer a detailed look at the market situation for the altcoins Near Protocol (NEAR) and Monero (XMR) as of Friday, December 29. 
A verified author on the CryptoQuant analytics platform, known as IT Tech, has revealed that the Bitcoin holdings of the collapsed cryptocurrency exchange, Mt Gox, remain static. This suggests that the exchange's management doesn’t sell BTC to make compensation payouts to users. 
Yesterday, December 21st, BlackRock, the investment company, was among those attending a meeting with the U.S. Securities and Exchange Commission (SEC). The discussion centered on the regulations for listing and trading the iShares Bitcoin Trust, a spot Bitcoin ETF.