
(Bloomberg) -- Virtual money, digital gold, inflation hedge, uncorrelated asset, store of value: those are phrases once used by Bitcoin’s fans to describe the cryptocurrency’s virtues. Its new narrative? A Bitcoin is a Bitcoin.Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentPound Crashes to All-Time Low With UK Markets ‘Under Siege’Bank of England Says Paper Banknotes Only Good for One More WeekThe Great Bond Bubble Is ‘Poof, Gone’ in Worst Year Since 1949

The selling in stock markets looks poised to continues, warns veteran strategist Sam Stovall.

The 86-year-old investing legend has spoken. Pay attention.

(Bloomberg) -- Asset-management giant Vanguard Group is shutting down one of its US exchange-traded funds for the first time. Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEWall Street Banks Prep for Grim China Scenarios Over TaiwanUS Stocks Fall, Yields Surge Amid UK Turmoil: Markets WrapInterpol Issues Red Notice for Terra’s Do Kwon, Korea SaysThe $39.7 million Vanguard U.S. Liquidity Factor ET
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