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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...

Sui was accused of dumping locked and non-circulating staked SUI tokens on Binance. Sui Foundation — the team behind the Sui network and its native SUI token — has denied allegations that the firm un locked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance . The Foundation knocked back the claim in a five-part Twitter thread on June 27, stating that none of the locked or non-circulating tokens, including SUI staking rewards had been sold: "Sui Foundation has not sold staking rewards or any other tokens from locked and non-circulating staked SUI on Binance or otherwise." "All insider token allocations remain subject to and compliant with their lock ups and other restrictions on transfer,” the foundation added. The purpose of this communication is to share information regarding the tokenomics of the Sui Network including the SUI token supply and certain distributions of SUI tokens. Here’s what you need to know: — Sui Foundation (@SuiFoundation...

BTC’s chart is beginning to look bullish, and ADA, QNT, RNDR and RPL could rally if Bitcoin price breaks out to the upside. The United States equities markets welcomed the debt ceiling deal and the May nonfarm payrolls data on June 2 with strong rallies. The S&P 500 rose 1.8% during the week while the tech-heavy Nasdaq was up 2%. This was the sixth successive week of gains for the Nasdaq, the first such occasion since January 2020. In addition to the above, the expectation of the Federal Reserve remaining in a pause mode during the next meeting may have acted as a catalyst for the rally. CME’s FedWatch Tool is showing a 75% probability of a pause, with the remaining 25% expecting a 25 basis points hike in the June 14 meeting. Crypto market data daily view. Source: Coin360 Rallies in the equities markets failed to trigger a similar performance in Bitcoin (BTC) and the altcoins. However, a minor positive is that several major cryptocurrencies have stopped falling and are trying to ...