IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets

IMF: Returns and Volatility Correlations Between Bitcoin and Asian Equity Markets Have Increased SignificantlyOfficials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto assets such as bitcoin and ethereum has increased significantly. IMF Staff on Crypto and Correlation to Asian Equities The International Monetary Fund (IMF) published a blog post on Monday on cryptocurrency regulation and how […]

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Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession

Stifel Financial: 97% of US Executives Surveyed Bracing for RecessionA survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel Financial Corp. (NYSE: SF) announced the results of […]

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Report: Investment Management Giant Invesco Launches Metaverse Fund

Report: Investment Management Giant Invesco Launches Metaverse FundThe investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious approach,” Tony Roberts, Invesco’s fund manager, explained. Invesco Reveals Metaverse Fund — Investment Manager […]

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