Advice regarding a possible upgrade DAC (and does the DIP help SQ)

Hello and Seasons Greetings, 

I am seeking advice here regarding a possibility of upgrading to a newer DAC ( under 2K, new or used). I currently have the following setup:

A Cat6 cable from my cable router to a Blusound Node2i to a MONARCHY AUDIO 24/92 DIP to BelCanto DAC2 to MFA MAGUS A2 Tube Preamplifier to Meitner MTR Monoblocks to a pair of BOZAK Urban Speakers. 
I enjoy an eclectic variety of music and thus far think I have very good SQ but I wonder if a more modern DAC would be a welcome addition and a plus to SQ?

Also do I need the Monarchy DIP with a modern DAC? 

My source at the minute is Amazon Music HD (I have a nice vinyl collection and want to add a TT at some point when my budget allows and that’s for another post  

Thank you 

Bill