News Corp's $220M+ offer rejected by PointsBet | Bitcoin's 18 month low | ASX loses $116B in a day

PointsBet, the Aussie-born online betting company, has rejected a $220 million+ takeover offer from News Corp, which wants to enter the gaming industry in Australia.   Bitcoin prices have have hit an 18-month low, dipping under US$25,000 for the first time since December 2020.   The ASX200 saw $116 billion of value wiped off the index yesterday - and it has officially entered 'correction territory'.   ---   Build the financial wellbeing of your team at work with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play Store): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Instagram: http://bit.ly/fluxinsta TikTok: https://www.tiktok.com/@flux.finance   ---   The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.