Bitcoin’s correlation to stocks has never been higher. When Morgan Stanley thinks its price will bottom

Bitcoin has been trading in lockstep with stocks all year. In theory, this should mean that, as equities reached a potential bottom in recent weeks, the digital currency should have done so as well. Unfortunately, it’s not that simple, Morgan Stanley said. Equity strategist Sheena Shah noted that, unlike previous cycles, government stimulus and Federal…

Ark Invest’s Cathie Wood says inflation will unravel faster than expected

Ark Invest CEO Cathie Wood said Tuesday that inflation will break down faster than most economists expect ahead of a key reading on price pressures. “This week CPI could be flat, or slightly down [compared with last month,]” Wood said in an investor webcast. “This could be the start of continuous surprises to the low…

Reddit and FTX update blockchain-based “community points” to make rewards accessible to crypto newbies

Reddit users will now be able to buy Ethereum directly in the social media platform’s app thanks to a partnership with FTX, the giant crypto exchange announced Tuesday. The new partnership involves a product called FTX Pay, which allows merchants to accept both crypto and fiat—and, in Reddit’s case, means users won’t need to leave…

Full On Family Feud!! Victoria Beckham & Nicola Peltz Are Just ‘Collateral Damage’ In Major Clash Between Families!

August 10, 2022

The drama between the Beckhams and Peltzes goes WAY beyond Victoria Beckham and her new daughter-in-law Nicola Peltz! As we’ve been reporting, tensions between Brooklyn Beckham‘s mom and wife have risen to new heights ever since his wedding in April. At first, it sounded like the problem was just between the women — it certainly…

Gas prices have fallen. Here’s why inflation hasn’t

August 10, 2022

CNN — Gas prices have been trending downward for more than 50 consecutive days, giving drivers some much-needed financial relief at the pump. But nobody’s popping the champagne just yet. While gas prices have played a large role in the current bout of historic inflation, analysts warn that a number of factors remain that will…

Danielle Kang to return to LPGA Tour later this month after health break | Golf News

August 10, 2022

Danielle Kang has announced she will return to the LPGA Tour having taken a break to focus on her health; the 29-year-old American had revealed at the US Women’s Open in June that she has been playing with a tumor on her spine Last Updated: 09/08/22 8:30pm Danielle Kang has announced her return to the…

Bitcoin’s correlation to stocks has never been higher. When Morgan Stanley thinks its price will bottom

August 10, 2022

Bitcoin has been trading in lockstep with stocks all year. In theory, this should mean that, as equities reached a potential bottom in recent weeks, the digital currency should have done so as well. Unfortunately, it’s not that simple, Morgan Stanley said. Equity strategist Sheena Shah noted that, unlike previous cycles, government stimulus and Federal…

Everything To Know About Their Marriage – Hollywood Life

August 10, 2022

View gallery Image Credit: NINA PROMMER/EPA-EFE/Shutterstock Russell Wilson spirit Ciara are the perfect definition of a superstar couple! With Russell, 33, being one of the best quarterbacks in the NFL, and Ciara, 36, being one of the biggest R&B stars of the past 20 years, they’re both two of the biggest names in their respective…

Walmart is reportedly looking at deals with streaming services – TechCrunch

August 10, 2022

Walmart’s membership program Walmart+ may bundle with a streaming service. The report comes from the New York Times and sparks conversation about the strange idea of ​​the retail giant entering the streaming world. Sources told the outlet that Walmart was in talks with major media companies such as Paramount (Paramount+), Disney (Disney+, ESPN+, Hulu), and…

WhatsApp privacy changes: choose who can see if you’re online

August 10, 2022

The platform will soon allow people to control who can see when they’re online, prevent others from taking screenshots of certain messages, and leave groups without notifying entire channels. WhatsApp has more than 2 billion users globally, and is owned by Facebook (FB) parent Meta. Announcing the changes on Facebook and Instagram, CEO Mark Zuckerberg…

Cody Gakpo: Manchester United preparing move for £35m-rated PSV Eindhoven winger | Transfer Center News

August 10, 2022

Manchester United are preparing a move for £35m-rated PSV Eindhoven winger Cody Gakpo. United boss Erik ten Hag, who shares the same agency as Gakpo, is keen on signing the 23-year-old to boost his attack. Lisandro Martinez and Tyrell Malacia have been signed in defense along with midfielder Christian Eriksen already this summer, but the…