|

Ethereum developers schedule Berlin update for the end of 2020

  • The team of Ethereum developers has discussed the next major network update.
  • ETH/USD is range-bound, staying close to critical support.

Ethereum developers discussed the next major scheduled hard fork during the recent AllDev call. The fork called Berlin will follow Istanbul scheduled for December 4. It is expected to be launched by the end of 2020. 

"Given that there is the Ice Age kicking in in July, if we want to adopt the new model and fork on a 3rd Wednesday, then we probably should be upgrading on mainnet in late June at the latest," a product manager from PegaSys Tim Beiko wrote on Twitter.

Berlin update will implement several important improvements listed on GitHub. One of the suggested improvements is aimed at enhancing  ASIC-resistance by increasing GPU-mining efficiency. This development will make the network more decentralized. 

Notably, the team will deploy Istanbul update on the main net December 4, if everything goes as planned.

Read also: Ethereum developers announced the date of Istanbul hard fork

Meanwhile, EETH/USD is changing hands at $183.00, mostly unchanged since the beginning of the day. The second-largest digital asset with the current market capitalization of $19.7 billion has recovered from the intraday low of $180.64, however, the upside momentum remains weak.

ETH/USD, the daily chart

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP slide further as risk-off sentiment deepens

Bitcoin faces extended pressure as institutional investors reduce their risk exposure. Ethereum’s upside capped at $3,000, weighed down by ETF outflows and bearish signals. XRP slides toward November’s support at $1.82 despite mild ETF inflows.

Ripple eyes record high breakout in 2026 as Ripple scales infrastructure

XRP has traded under pressure, but short-term support keeps hopes of a sustainable recovery in 2026 alive. The launch of XRP ETFs and regulatory clarity in the US pave the way for institutional adoption.

Bitcoin risks deeper correction as ETF outflows mount, derivative traders stay on the sidelines

Bitcoin (BTC) remains under pressure, trading below $87,000 on Wednesday, nearing a key support level. A decisive daily close below this zone could open the door to a deeper correction.

Monero builds momentum amid bullish bets and looming resistance

Monero (XMR) trades close to $430 at press time on Wednesday, after a 5% jump on the previous day. The privacy coin regains retail interest, evidenced by heightened Open Interest and long positions.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.