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Ethereum (ETH) price rose sharply on Thursday as the market reacted to news that asset management behemoth BlackRock has its eyes on an Ethereum ETF. The prices of Ethereum Classic (ETC), THORChain (RUNE) and RocketPool (RPL) also climbed to multi-month highs.
The crypto prices today were in the green on Friday, November 10, despite Fed Chair Jerome Powell's warning of raising the interest rate further to tame inflation. Meanwhile, it seems that the market has shrugged off concerns over a potential rate hike by the U.S. Central Bank to bring down the inflation to their 2%
It has been a good week for cryptocurrencies. Bitcoin price surged to over $37,000 for the first time in 18 months. Similarly, Ethereum price surged to over $2,100 after Blackrock unveiled its ETH ETF. As a result, most altcoins, including Huobi Token, Jasmy, and Ethereum Classic surged.
A recent surge of negative sentiment against decentralized staking protocol Rocket Pool (RPL) has puzzled data onlookers.
Now's not the time to get cute and speculate on these cryptos to sell because of their highly speculative and unnecessarily risky profiles.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $27,000 level on Thursday. Ethereum (CRYPTO: ETH), also moved lower, trading below the key $1,600 mark this morning.
In the ever-evolving landscape of cryptocurrency, Rocket Pool (RPL) has been making waves, capturing the attention of seasoned investors and newcomers alike. In this introduction, we will delve into the fascinating world of Rocket Pool, offering you a glimpse into its current value, price trends, and predictions.
Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion. Currently, the top three LSD protocols hold sway over 11.
This rally may not sustain for long due to economic concerns and the underperformance of alternative cryptocurrencies.
Bitcoin (CRYPTO: BTC) traded lower, with the cryptocurrency prices trading below the $26,700 level on Friday. Ethereum (CRYPTO: ETH) also edged lower, trading below the key $1,600 mark this morning.
Rocket Pool's GMC plans to convert 20% of monthly inflow payments to USDC starting September, aiming to attract a diverse applicant pool despite challenges in optimal allocation strategy.
In the rapidly evolving landscape of digital currencies, a wave of volatility has taken hold of the market, sparking significant fluctuations and generating uncertainty among investors. At the forefront of this turbulence is the leading cryptocurrency, Bitcoin (BTC), which recently encountered a notable setback, witnessing a loss of over 2% in value overnight.
The digital currency ecosystem is seeing a very aggressive slump with Bitcoin (BTC) leading the downtrend after printing a more than 2% loss overnight. As the market slump is an encompassing one, only a few altcoins like Rocket Pool (RPL) are in the green today.
A lot is going on in the digital assets sector with every kind of regulation coming in, and more people getting involved in the cryptocurrency market. Bitcoin's (BTC) price, was trading sideways early on Wednesday and was still below the $30,000 threshold at $28,618.20.
Rocket Pool stands as a decentralized Ethereum staking protocol, aiming to democratize the Ethereum staking landscape. At its core, Rocket Pool allows individuals, regardless of their technical expertise or financial capacity, to stake ETH through a decentralized network of node operators.
Coinbase Ventures has invested in Rocket Pool, acquiring RPL tokens to support the decentralized Ethereum staking pool. The move aligns with efforts to scale Ethereum's infrastructure.
An Ethereum (ETH) ecosystem altcoin saw a price jump on Thursday after Coinbase's venture capital arm announced a strategic investment. Coinbase Ventures announced on Thursday that it is investing in Rocket Pool (RPL), a decentralized Ethereum staking pool intended to lower capital and hardware needs to stake on ETH 2.0.
The Rocket Pool (RPL) price bounced on August 9, validating the $25 horizontal area as resistance. Despite the bounce, it failed to break out from a crucial diagonal resistance.
In a significant development that underscores the growing importance of decentralized Ethereum staking protocols, Coinbase Ventures, the investment arm of the renowned US-based cryptocurrency exchange Coinbase, has announced a strategic investment in Rocket Pool. This move is seen by many as a testament to the potential of decentralized staking networks and the future of Ethereum.
The venture capital division of America's largest exchange has made a strategic investment into a leading Ethereum staking protocol. The firm stated that it has been purchasing RPL tokens from the Rocket Pool team as part of the strategy.
Rocket Pool, a liquid staking protocol, has received a strategic investment from Coinbase Ventures, the investment arm of cryptocurrency exchange Coinbase.
Crypto News: Coinbase Ventures, the corporate investment arm of United States based crypto exchange Coinbase, on Thursday announced a strategic investment into Rocket Pool, a decentralised Ethereum staking protocol, through the purchase of RPL tokens. Coinbase said that over the last one year, it has been working closely with Rocket Pool cofounders Darren Langley and
Coinbase Ventures, the investment wing of the cryptocurrency exchange, Coinbase, has invested in the liquid staking platform, Rocket Pool
The investment branch announced today the purchase of an undisclosed amount of Rocket Pool's native token RPL, which has jumped more than 9% in the past 24 hours.
