Opening Bell - Issue 19

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.

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