Bitcoin’s price approached all-time high territory this week trading near $73’000 as investors anticipated favorable regulatory changes depending on the election outcome. Both major candidates expressed support for cryptocurrencies, contributing to increased market optimism with Donald Trump taking to X.com to wish Bitcoiners a Happy 16th Anniversary of Satoshi’s White Paper.

MicroStrategy Inc., the largest corporate holder of Bitcoin announced its plans to raise $42 billion over the next three years to buy additional Bitcoin. Founder & Chairman Michael Saylor posted the full $MSTR investor presentation here on X.com going into detail about their strategy and wider BTC Principles.

We thought last week's ETF Inflow was crazy, well check out this week. Over $2.2 billion in inflows which I think is the biggest week we’ve seen since Bitcoin ETF’s went live earlier this year. 

In the first year since their approval, U.S. Bitcoin exchange-traded funds (ETFs) have accumulated and are holding an amount that exceeds half of those in gold ETFs. This wild growth shows a huge shift in investor interest toward Bitcoin as a store of value. Watch this space.

Voters in the Metal DAO (MTL) unanimously voted in favor of Oku trade deploying Uniswap v3 protocol on Metal L2 this week, which means MTL holders can look forward to some fantastic liquidity incentives which we will show you how you can take advantage of in the coming weeks.

With this successful proposal, Metal L2 will have not one, but two major decentralized exchange protocols live before the end of the year. The proposal for Velodrome on Metal L2 passed earlier this year and we have had news that this will be live in December, which means a major Metal L2 and MTL presence in the wider DeFi ecosystem and plenty of incentives for MTL holders.

Don’t forget to check on the Metal DAO governance dashboard and use your MTL to vote on the proposals and help to steer the future of Metal L2!