diff --git a/CHANGELOG.md b/CHANGELOG.md
index 00e36ca449..5fdff21609 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,8 +15,19 @@ Increment the:
 
 ## [Unreleased]
 
-* [CI] Add CodeQL security scan CI workflow ([#770](https://github.com/open-telemetry/opentelemetry-cpp/pull/770))
+## [0.7.0] 2021-05-26
+
+* [METRICS] Move metrics api/sdk under preview feature flag ([#745](https://github.com/open-telemetry/opentelemetry-cpp/pull/745))
+* [DOCS] Add instructions to build using Bazel ([#747](https://github.com/open-telemetry/opentelemetry-cpp/pull/747))
+* [DOCS] Update copyright headers ([#754](https://github.com/open-telemetry/opentelemetry-cpp/pull/754))
 * [EXPORTER] Populate resource to OTLP proto data ([#758](https://github.com/open-telemetry/opentelemetry-cpp/pull/758))
+* [CI] Add CodeQL security scan CI workflow ([#770](https://github.com/open-telemetry/opentelemetry-cpp/pull/770))
+* [BUILD] Enable building API only CMake Project ([#778](https://github.com/open-telemetry/opentelemetry-cpp/pull/778))
+* [SDK] Fix for sampling of root span ([#784](https://github.com/open-telemetry/opentelemetry-cpp/pull/784))
+* [CI] Add Jaeger exporter to CMake CI build ([#786](https://github.com/open-telemetry/opentelemetry-cpp/pull/786))
+* [API] `BREAKING CHANGE` - Tracer::WithActiveSpan() to return Scope object intead of unique_ptr ([#788](https://github.com/open-telemetry/opentelemetry-cpp/pull/788))
+* [DOCS] Add docs for nested spans and context propagation in readthedocs ([#792](https://github.com/open-telemetry/opentelemetry-cpp/pull/792))
+* [CI] Output verbose error for failed unit-test in CI ([#796](https://github.com/open-telemetry/opentelemetry-cpp/pull/796))
 
 ## [0.6.0] 2021-05-11
 
diff --git a/api/docs/Doxyfile b/api/docs/Doxyfile
index 95ac0e8fc5..6b4993c0bb 100644
--- a/api/docs/Doxyfile
+++ b/api/docs/Doxyfile
@@ -44,7 +44,7 @@ PROJECT_NUMBER         =
 # for a project that appears at the top of each page and should give viewer a
 # quick idea about the purpose of the project. Keep the description short.
 
-PROJECT_BRIEF          = "Version 0.6.0"
+PROJECT_BRIEF          = "Version 0.7.0"
 
 # With the PROJECT_LOGO tag one can specify a logo or an icon that is included
 # in the documentation. The maximum height of the logo should not exceed 55
diff --git a/api/include/opentelemetry/version.h b/api/include/opentelemetry/version.h
index 2cbe88fbbe..b191f3dc7c 100644
--- a/api/include/opentelemetry/version.h
+++ b/api/include/opentelemetry/version.h
@@ -6,7 +6,7 @@
 #include "opentelemetry/detail/preprocessor.h"
 
 #define OPENTELEMETRY_ABI_VERSION_NO 0
-#define OPENTELEMETRY_VERSION "0.6.0"
+#define OPENTELEMETRY_VERSION "0.7.0"
 #define OPENTELEMETRY_ABI_VERSION OPENTELEMETRY_STRINGIFY(OPENTELEMETRY_ABI_VERSION_NO)
 
 // clang-format off
diff --git a/docs/public/conf.py b/docs/public/conf.py
index c56d330bea..9cd94d2349 100644
--- a/docs/public/conf.py
+++ b/docs/public/conf.py
@@ -21,7 +21,7 @@
 author = 'OpenTelemetry authors'
 
 # The full version, including alpha/beta/rc tags
-release = '0.6.0'
+release = '0.7.0'
 
 # Run sphinx on subprojects and copy output
 # -----------------------------------------
diff --git a/sdk/src/version/version.cc b/sdk/src/version/version.cc
index 27b5a7c964..98827291aa 100644
--- a/sdk/src/version/version.cc
+++ b/sdk/src/version/version.cc
@@ -9,7 +9,7 @@ namespace sdk
 namespace version
 {
 const int MAJOR_VERSION     = 0;
-const int MINOR_VERSION     = 6;
+const int MINOR_VERSION     = 7;
 const int PATCH_VERSION     = 0;
 const char *PRE_RELEASE     = "";
 const char *BUILD_METADATA  = "";