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Opening Bell - Issue 19

Research24 June 2024Copper
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Prepare for the week with key data points and trends in the digital asset marketplace.

This week's Opening Bell report highlights:

  1. Ethereum’s inflation rate is now at a new high since the merge, and back of the envelope calculations suggest that supply could hit back to levels above moving to Proof-of-Stake within the next six months.
  2. Bitcoin markets are looking weak on the back of massive outflows last week, but there are some indicators both on-chain and technical that suggest some selling relief.
  3. Tether liquidity injection for June at a low for the year. Meanwhile, gold continues to be an increasingly hot topic with even Tether starting a gold-backed synthetic dollar.

Download to read the full issue.

Opening Bell | Copper