Ethereum will activate Glamsterdam, its next hard fork, which includes native ETH transfer logs, ePBS, and per-block access lists. The upgrade incorporates builder and proposer separation at the protocol level, reducing reliance on third-party relay services. The maximum bytecode size for smart contracts will increase significantly, expanding the design space for complex DeFi protocols.
Ethereum price prediction remains bullish as ETH holds long-term support, with analysts expecting a move toward new highs in the next cycle.
In this week's edition of The Protocol Newsletter, we're unpacking the timeline of all the changes at the Ethereum Foundation this year.
Bitcoin surged above $65,000 after softer-than-expected U.S. inflation data before easing toward $64,500, with dominance near 56.7%. Ether touched $1,895, its highest level since June 3, while PI rebounded 16% and total crypto market value rose above $2.280 trillion. Derivatives showed Bitcoin open interest at $17.
The startup's backers, including Bitmine and Joe Lubin, are betting institutions need a privacy layer before running money on a public chain.
Ethereum price has reclaimed the $1,850 resistance after softer-than-expected U.S. inflation data triggered a sharp short squeeze, putting the $2,000 level back into focus for traders.
The rapid ETH buy surge on Binance highlights market sensitivity to inflation data, potentially leading to volatile shifts in investor sentiment. Ethereum sees $1.2B in taker buy volume on Binance after US CPI data sparks rally.
Morgan Stanley has updated documents tied to its proposed Ethereum and Solana ETFs, with the revised paperwork naming Coinbase for custody and staking services. The change is a filing update to product documentation, not a regulatory approval, and it clarifies which service provider would handle asset safekeeping and staking if the products move forward.
Bitmine Immersion Technologies delivered one of the crypto sector's most striking quarterly performances this earnings cycle. The company reported $46.5 million in revenue for the quarter ending May 31—a dramatic surge from approximately $2 million in the same period last year.
Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant's third round of revisions since its January debut filings.
Ethereum has surged more than 5% over the past day following the release of June's U.S. inflation figures, which arrived below market expectations.
Bitmine's strong staking earnings highlight Ethereum's growing market confidence and potential price impacts amid regulatory and macroeconomic factors. Bitmine earns $46M from Ethereum staking last quarter.