BTC has once again managed to cross the psychological resistance of $61k in the past few hours. As Contrary to expectations, the September jobs report came in much stronger than expected. The reports showed that the US economy has added 254k jobs blowing the estimates of 147k. Also, the US unemployment rate fell from 4.2% to 4.1%, which slightly reduce the chances of a recession in US and the need to cut 50 bps rate in November. In addition to this, the average hourly earnings rose by a hotter than expected 4.0% compared to the forecasts for 3.8% which shows that the economy is holding ..read more

  Bitcoin (BTC) rally continues as it record its best Sept in the last decade, surging past $66,000. Although previously, September has been the worst month for BTC in terms of price performance. However, this time, it has became the best September in the last decade, driven by many interesting developments. Recently, the US Federal Reserve started its interest rate cutting process for the first time in four years, dropping rates by 50 basis points (bps) or 0.5%. The rate cut immediately boosted liquidity in risk-on assets, including BTC, which has grown by over 12% since the cut. M ..read more

  Ethereum’s outperformed BTC and saw a massive jump of 10.2% over the past week, trading above $2,600, while Bitcoin increased by mere 3.4%, hovering above $63,500. The trading volume is expected to increase following a 50 basis point rate cut last week. Over the past week, Bitcoin has increased by 10%, while Ethereum has surged over 3%. Traders on the Poly market platform anticipate another rate cut, but opinions are divided on its magnitude: 47% expect a 50 basis point reduction, while another 47% predict a 25 basis point cut. As per the recent data over the last 12 hours, there were ..read more

  Finally, we witnessed the most anticipated day in the history of crypto and stock markets after a long time of four and half years, yesterday. When US Federal Reserve (Fed) announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader crypto and stock market. Following the announcement, the markets reacted positively. The Federal Reserve reduced its interest rates by 50 basis points (bps) or 0.5% for the first time in the last four and half years, marking a pivotal shift since the onset of the COVID-19 pandemic. This lowered dow ..read more

  BTC along with US stock market saw a sharp decline in the trading hours on Friday. The extended plunge followed a weaker-than-expected August Jobs report released on Friday. As per the latest data, 1,42,000 jobs were created in the month of August, which is below from the analysts’ expectations of 160k. Also, the unemployment rate dropped slightly to 4.2% as per expectations. Just after the data was released, aggressive bets on a 50 bps Fed interest rate cut surged above 50% and eclipsed odds of a 0.25% cut. After the report was released, BTC surged to $56.9k on the char ..read more

  BTC has become a hot topic among investors as the 1st US Federal reserve interest rate to have a major shift in monetary policy in on the table for Sept 18, the next month. This shift in sentiment is contributing to a growing risk-on appetite for risk assets, including Bitcoin. This trend is expected to positively influence Bitcoin price, potentially driving it higher. Focusing on BTC price chart, the BTC/USDT pair is currently lying between the $58K – $61K range on the 4-hour timeframe. As BTC currently sits on crucial 4-hour support, the question arises: Will this renewed risk-o ..read more

  Binance (BNB) Coin is one of the few rare big-cap coins that set another ATH after breaking their 2021 high. The previous BNB ATH was $678, set last March 2021, while the new BNB ATH of $717 was set just last June. BNB holders were among the winners of 2024 as the bulls managed to push the prices to a ATH in last June. According to some estimates, it’s entirely possible to see a new BNB ATH before the end of the year, with $1000 set as the highest possible target BNB ATH. As with all predictions, a new BNB ATH is entirely contingen ..read more

  Ethereum (ETH)  the #2 largest cryptocurrency by market capitalization, has shown tremendous resilience in the face of recent market turbulence when BTC dropped below $50,000. With a substantial market valuation of $315 billion and a daily trading volume of $25B, Ethereum continues to assert its significance in the cryptocurrency landscape despite recent global market meltdown. Despite this impressive rebound, Ethereum finds itself in a challenging position relative to Bitcoin. Looking ahead, Ethereum bulls face a potentially challenging landscape as the crypto industry brace ..read more

  Bitcoin’s recent bearish sentiment on Friday was in response to weak unemployment and jobs payroll data. The data came much higher than anticipated, with the overall unemployment rate in the United States rising to 4.3% citing a recession fear among investors now. BTC has dropped nearly 10% this week, courtesy of this recent bearish extension. As a result, it entered an important potential buy zone. On the contrary, whale outflows peaked at 14,370 BTC on 30 July, before dropping to 340 BTC the next day. Outflows peaked at 10,330 BTC more recently on 2 August. The total amount of i ..read more

About Lara DAO ($LARA):- Introducing the first DAO on Taraxa Network, The Lara DAO is a decentralized Autonomous Organization that decides the path of the protocol though the voting power of governance token ($LARA) tokens. In the ever-evolving landscape of cryptocurrency, $LARA stands out as a beacon of innovation and potential. Simply stake your tokens with $LARA and enjoy receiving liquid stTokens which users can use in many other DeFi protocols. $LARA aims to create a truly decentralized financial ecosystem that empowers users with greater control over their assets. The project's mission ..read more