At the end of September, at peak defi mania, 1 Bitcoin (BTC) equaled roughly 25 Ether (ETH). However, the end of the volatile U.S. election season and optimistic news of a coronavirus vaccine has seemed to kick Bitcoin into overdrive. At the time of writing, 1 BTC equals over 37 ETH now, as Bitcoin flexes a dominant $336 billion market cap, compared to a $40 billion market cap by Ethereum. The defi amusement park has just under $14 billion total value locked. Grayscale Ethereum Trust, which holds roughly 1% of all the world's Ether tokens, has roughly $1.2 billion in assets under management (AUM). Grayscale said it attracted $115 million in BTC purchases in less than 24 hours last week, as they approach $10 billion AUM across their entire digital portfolio. At the time of writing, the Ethereum 2.0 deposit contract is open and about 20% of the total amount required to be staked to launch Ethereum 2.0 mainnet has been staked, pointing to a delayed launch in early 2021. For the launch of Ethereum 2.0 to take effect, 16,384 validators will need to stake a minimum of 32 ether, which is worth about $15,100 per validator at current market rates. According to Dune Analytics, if the community intends on meeting their original December 1 deadline, a further 426,000 ether—worth roughly $197 million—will need to be staked by November 24, which looks unlikely. Ethereum's all time high was $1,400 in January 13, 2018, about 300% above today's price of $475, and last traded above $500 on June 19, 2018. On November 12, payment giant PayPal—with 286 million active users globally—started allowing customers in the U.S. to buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. The total market cap for crypto assets has surged from $359 billion to $468 billion since last week.