The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.

Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.

In a recent call to the Ethereum community, Ryan Berckmans, a seasoned member, investor, and engineer within the Ethereum ecosystem, has raised an

Bitcoin's price targets $70,000 in the short term and could reach a new all-time high as soon as this week, analysts said.

Liquid restaking protocol ether.fi has raised $23 million in a Series A round led by Bullish Capital and CoinFund.

The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve, one analyst said.

Coinbase premiums for ether (ETH) tokens were higher than usual in the past week, suggesting the demand was led by U.S.

Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of an upward swing from the Dencun upgr

The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report