Net Ethereum flows through exchanges increased by more than 6%. ETH has remained below the resistance level. Over the past month, Ethereum [ETH] has experienced a noticeable trend of outflow from exchanges. It indicated that investors were withdrawing their holdings from trading platforms. Despite the decline in exchange balances, the volume of ETH being staked … Read more
Stay up to date with free updates Simply sign up for the American inflation myFT Digest – delivered straight to your inbox. U.S. inflation eased to 2.6 percent in the year through May, according to the measure the Federal Reserve uses to set its target for price pressures, leaving the central bank on track for … Read more
Stay informed with free updates Simply log in to the Foreign currency myFT Digest – delivered straight to your inbox. The euro’s share of global foreign exchange fell last year on concerns that plans to use frozen Russian assets to finance Ukraine could further erode the appeal of Europe’s single currency. Other countries cut the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shadow Chancellor Rachel Reeves has warned of the “dangers” of overhauling the way the Bank of England pays interest to commercial lenders on their deposits, pouring cold water on an idea that some economists have … Read more