The upcoming Glamsterdam upgrade has officially entered its final pre-deployment phase, with a targeted Sepolia testnet fork scheduled for October 6, 2026, ahead of its expected mainnet rollout later in the fourth quarter.
Following a stellar 24% recovery rally throughout August that pushed Bitcoin near the $78,000 mark, a convergence of macroeconomic pressures and sweeping regulatory overhauls triggered a violent $369 million long squeeze, wiping out positions across more than 90,000 leveraged traders.