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Developers behind the Rocket Pool staking service have rolled out a roadmap and a sneak peek at new Features for upgrades scheduled for next year. Ethereum staking service Rocket Pool has announced plans to develop a fully on-chain decentralized autonomous organization (DAO) powered by RPL governance. According to a blog post published on Nov. 9, the so-called Protocol DAO (or pDAO) will not require snapshot voting “or any other 3rd party tools to function” as it will be built fully on a blockchain. You might also like: Vitalik Buterin cautions against staking pools adopting DAOs With the DAO, the community members would be able to change the Rocket Pool protocol settings, spend treasury funds on initiatives and react “in the event of any potential issues with the protocol.” RPL price | Source: crypto.news After the news broke, RPL price shortly jumped by 25%, reaching the $34 mark, a level last seen in July 2023. As of press time, RPL is tra...

ETH price finally polevaulted the $2,000 resistance, but will retail demand and network use support the current bullish momentum? Ether (ETH) experienced a surprising 8% rally on Nov. 9, breaking the $2,000 barrier and achieving its highest price level in six months. This surge, triggered by news of BlackRock registering the iShares Ethereum Trust in Delaware, resulted in $48 million worth of liquidations in ETH short futures. The initial announcement was made by @SummersThings on a social network, later confirmed by Bloomberg ETF analysts. The iShares Ethereum Trust has just been registered in Delaware. For context, BlackRock's iShares Bitcoin Trust was registered in a similar manner 7 days before they filed the ETF application with the SEC. Details below. [announcement: I’m moving to @SynopticCom soon] pic.twitter.com/IYafIaxMzA — Summers (@SummersThings) November 9, 2023 The news fueled optimistic expectations regarding a potential Ether spot ETF filing by BlackRock, a $9 t...

Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins. Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and may chart its own course. However, the path higher may not be easy. The Federal Open Market Committee’s meeting on Nov. 1 may cause some volatility, but it will li be short-lived as no surprises are expected. CME’s FedWatch Tool projects a 98% probability that rates will remain unchanged. Daily cryptocurrency market performance. Source: Coin360 A large part of the gains in Bitcoin have been fuelled by expectations that the United States Securities and Exchange Commission will approve a spot Bitcoin exchange-traded fund in the near future. Any adverse news in this regard may prove to be a major setback for the bulls. When traders start chasing prices higher, it increases ...

Some analysts have speculated the SEC will announce decisions or delays on crypto exchange-traded funds before Sept. 30 in anticipation of a U.S. government shutdown. Asset management firm Valkyrie will begin offering exposure to Ether (ETH) futures to United States investors through its existing Bitcoin Strategy exchange-traded fund, or ETF. A Valkyrie spokesperson told Cointelegraph on Sept. 28 that the firm's Bitcoin (BTC) Strategy ETF will allow investors access to ETH and BTC futures "under one wrapper", making it one of the first firms to do so amid several pending applications with the U.S. Securities and Exchange Commission (SEC). Starting on Oct. 3, the fund's name will be updated to the Valkyrie Bitcoin and Ether Strategy ETF. At the time of publication, the SEC had not published a proposed rule change allowing listing a new Ether futures ETF on the Nasdaq Stock Exchange. However, the commission released an order regarding "additional analysis"...

An imminent U.S. government shutdown appears to be expediting the launch of Ether futures ETF s, a notion posited by market analyst s. In the United States, it’s plausible that trading in Ether futures exchange-traded funds ( ETF s) could commence as early as the upcoming week. Insights from Bloomberg analyst s suggest this possibility. On the 28th of September, James Seyffart, an analyst with Bloomberg Intelligence, made a noteworthy observation in a post, stating that it seems highly probable that the SEC (Securities and Exchange Commission) will greenlight a multitude of Ethereum futures ETF s in the coming week. This commentary was prompted by remarks from fellow ETF analyst Eric Balchunas, who alluded to indications that the U.S. Securities and Exchange Commission is keen on “expediting the launch of Ether futures ETF s.” Balchunas further noted that he had received information indicating that various filers were diligently updating their documents, with...

$24,500 keeps control on hourly timeframes as gains for both Bitcoin and Ethereum are quickly extinguished. Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminen. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No success for Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day's low before diving $600 in under an hour. Momentum gained speed on the day, but bulls faced familiar resistance at levels keeping them broadly in check since mid-June. The past week's trips to $25,000 and beyond remained brief breakouts beyond a two-month price ceiling. Analyzing the scenario, veteran trader Peter Brandt eyed a rising wedge setup in progress for Bitcoin with $20,700 as its starting point. On-chain monitoring resource Material Indicators was less convinced about the staying power of the current rally. Uploading a snapshot of the Binance...

Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found. Launched in November 2021, non-fungible token (NFT) marketplace Orica (ORI) held itself as an "ethical platform" benefitting artists, collectors, and charities alike. At the time, the organization was involved in prominent projects such as building a school in Uganda to aiding victims of human trafficking, to helping Ukraine.  But less than two years later, the project’s founders have disappeared, and the marketplace’s user interface has gone offline. All that remains are the project's charity efforts, which proved to be genuine, in tandem with allegations from disgruntled users that the developers orchestrated a rug-pull. In a new revelation, co-founder Danial Zey breaks his year-long silence, not only denying all allegations and insisting the project was 'hacked,' but also claims that the project is still ongoing. Cointelegr...

Blockchain security firm PeckShield estimates the protocol suffered more than $2.1 million from the price manipulation attack. Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its “zStables” stable coin pools . Blockchain security firm PeckShield estimates over $2.1 million was stolen from Zumani’s Curve Pool on Aug. 13, pegging the exploit to a price manipulation issue. Fellow blockchain security firm Ironblocks arrived at a similar figure. Hi @ZunamiProtocol Today's hack leads to >$2.1m loss and there are two hack txs involved: - tx1: https://t.co/jsOmPT62mk - tx2: https://t.co/u7YOvoS0R9 It is a price manipulation issue, which can be exploited by donation to incorrectly calculate the price as shown in the… https://t.co/yqwMVy0pCA pic.twitter.com/OfrDni7KtE — PeckShield Inc. (@peckshield) August 14, 2023 PeckShield detected the exploit on Curve on Aug. 13 at 10:47 UTC, which was confirmed by Zunami about 20 minutes later. ...

The Ethereum network recently witnessed some of the highest Maximal Extractable Value (MEV) reward blocks in history, following a vulnerability on the Curve Finance platform. This event significantly reward ed MEV bots that front-ran transactions during the defi crisis, leading to an unprecedented rise in MEV incentives. Ethereum (ETH) core developer “eric.eth” disclosed in a tweet on July 31 that the MEV reward s that day were amongst the largest in the blockchain’s history. Today has produced some of the largest MEV reward blocks in Ethereum’s history. Slot 6,992,273: 584 ETH Slot 6,993,342: 345 ETH Slot 6,992,050: 247 ETH Slot 6,993,346: 51 ETH — eric.eth (@econoar) July 30, 2023 This came on the heels of a significant vulnerability detected and exploit ed on July 30, enhancing the MEV opportunities for Curve Finance’s stable pools. You might also like: BSC suffers $73k Vyper attack following Curve Finance exploit Following the turmoil,...

Bitcoin price fell 3% to the $29,000 level, with the price currently trading near $29,280. In the last 24 hours, BTC price recorded a low and high of $29,068 and $30,330, respectively. advertisement Ethereum prices also plummeted below the $1850 level. The ETH price fell over 2% in the last 24 hours, with the price currently trading at $1,848. The 24-hour low and high are $1,837 and $1,904, respectively. XRP price fell over 3% to extend fall to 6% in the past 24hrs. Other altcoins including Cardano, Polygon (MATIC), and Solana also tumbled nearly 3%, with the global Crypto Market falling 2.3% to $1.17 trillion in the last 24 hours. Why Bitcoin and Crypto Price Are Falling Suddenly? Coinglass data indicate massive longs liquidation of $150 million today, July 24. More than 50 k  traders were liquidated in the last 24 hours, with the largest single liquidation order on  OKX’s BTCUSDT swap worth  $2.57 million. As a result of selloff, the br...

Bitcoin's failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins. After failing to sustain above the resistance of its narrow range, Bitcoin (BTC) fell near a key support on July 18. The consolidation of the past few days seems to be an accumulation phase, according to Glassnode’s Bitcoin Accumulation Trend Score. A similar score was seen during the accumulation phases between November to December and again from March to April. According to CoinShares data, institutional investors continue to plow funds into digital asset investment products, which rose to $742 million in the past four weeks. Bitcoin continues to attract the lion’s share of the funds, with last week alone accounting for $140 million in inflows. Daily cryptocurrency market performance. Source: Coin360 Morgan Creek Capital chief investment officer and founder Mark Yusko said in an interview with Cointelegraph that Bitcoin’s fair value is $55,...