Ethereum's Fusaka Upgrade, Grayscale Chainlink Trust: Crypto Week Ahead

The Crypto Week Ahead for the week starting December 1st highlights several major events, most notably the activation of Ethereum's Fusaka upgrade on Wednesday. Fusaka, combining Fulu and Osaka upgrades, aims to enhance Ethereum's capacity to handle high transaction throughput from Layer-2 chains. Another key event is Grayscale's expected conversion of its Chainlink trust into the first spot Chainlink ETF (GLNK) trading on NYSE Arca starting December 2nd. The week is also packed with various crypto-specific events, including token upgrades for Ontology (ONG) and VeChain (VET), a Qtum halving, and governance votes across DAOs like Lido and Arbitrum. On the macroeconomic front, the Federal Reserve is scheduled to end quantitative tightening (QT) on December 1st, followed by numerous manufacturing PMI reports from the US, Canada, and Brazil, and speeches from Fed officials, culminating in the release of US ADP Employment Change and University of Michigan sentiment data.

(Source：CoinDesk)