Metal Pay (@metalpaysme): Bitcoin experienced some volatility this week, trading between $69,225 and $65,440, but we seem to have landed in neutral territory with $BTC down jus…
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Bitcoin experienced some volatility this week, trading between $69,225 and $65,440, but we seem to have landed in neutral territory with $BTC down just 0.1% on the 7 day chart as of writing. Bitcoin ETF inflows have been steady thanks to Blackrock’s IBIT ETF, bringing in over $855 million. 🖼️ https://pbs.twimg.com/media/GawoD03aAAAO2wa.png Gold and Silver reached all-time highs (https://www.investing.com/analysis/gold-silver-print-fresh-highs-as-us-dollar-approaches-10500-200653333) this week amid a rising US Dollar, driven by global uncertainties and a potential Trump Presidency. Silver has flown under the radar lately as prices soared to new highs. Silver is used in a host of electronic products manufactured today and the rise of tech is only going to increase the demand for silver. Stripe announced (https://x.com/arrington/status/1848060479727435967) its $1.1 billion acquisition of stablecoin startup Bridge this week, validating the usage (https://www.coindesk.com/markets/2024/10/22/stripes-acquisition-of-bridge-validates-the-usage-of-stablecoins-bernstein/) of stablecoins on public blockchains going mainstream in the world of online payments. The deal is the largest crypto acquisition by a major payments company to date. A new proposal has been submitted to the Metal DAO by https://x.com/paulgrey in support of new developers in the https://x.com/metal_l2 community. This proposal includes support for https://x.com/thirdweb gaming plugin suite and developer tools, https://x.com/agoragovernance voting portal and funds for developers themselves to earn via hackathons and bug bounties. $MTL holders can vote here (https://gov.xprnetwork.org/communities/4/proposals/671953bb107c63999b802267).