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Bankless: Gold & Silver All-Time Highs! What Does This Mean For Crypto?

Gold and silver are hitting all-time highs, causing market jitters and sparking big questions about what's next for crypto. This macro shift is fueled by concerns over Fed independence, shutdown risks, and a weakening dollar narrative, with Tether quietly becoming a massive gold hoarder.

Amidst this, Ethereum is making a strong comeback with surging usage and serious quantum resistance efforts. Other crypto highlights include Fidelity's new onchain dollar, MegaETH's impressive stress test, and prediction markets going mainstream. Oh, and a bizarre $40 million government crypto theft added to the week's headlines, rounded out with a fresh Vitalik meme.

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