On May 13th, 2022, Rihanna and A$AP Rocky welcomed their firstborn child. The boy turned one Saturday a few weeks ago, with the proud parents celebrating the special day with a carousel of photos of how the first year went on Instagram. The rapper also wrote a special message to commemorate his son’s first birthday and also gave fans clues about the boy’s name.
How Did Rihanna and A$AP Rocky Choose the Name?
Rocky’s post on Instagram finally gave fans enough clues about his son’s name using a reference to the Wu-Tang Clan. RZA is most probably named after RZA from the Wu-Tang Clan, also known as Robert Fitzgerald. The proud dad even included an epic moment from the Wu-Tang Clan band member’s Grammy speech in 1998 at the end of the photo carousel to drive the message home.
Many of the photos Rocky showed his fans included Rihanna and the baby chilling or him and his son enjoying bonding moments together. The boy’s probably taken after his mother, too, for he has the same stunning smile in most of the showcased photos.
Baby RZA to Have a Sibling
Rihanna revealed she was pregnant again during her halftime Super Bowl performance in February. However, the couple has refrained from making any further comments, so neither the gender nor the due date of the second child is known at present.
Rihanna definitely feels this pregnancy is a lot different than the first one, as shared during her interview on the red carpet at the Met Gala. She told ET interviewers that she doesn’t feel any cravings. There’s no nausea this time, too. The singer also said she’s definitely enjoying being pregnant again, even though the feeling is nothing like her first pregnancy.
When asked about young RZA, Rihanna said she’s absolutely enthralled by her son. She feels totally obsessed with him and isn’t even guilty about it.
As crypto investors reel from the precipitous decline in the value of bitcoin and other digital currencies, some believe the worst is yet to come.
Bitcoin, the largest virtual currency in the world, fell below $33,000, its lowest level since July. It has subsequently returned beyond the $36,000 barrier but is still roughly 50% off its November record high of about $69,000.
Over $1 Trillion Losses in Value!
Meanwhile, the whole cryptocurrency market has lost more than $1 trillion in value since bitcoin’s all-time high, as popular tokens like ether and Solana have fallen drastically in tandem with the No. 1 digital currency. Since November’s peak, ether’s value has more than halved, while Solana’s value has fallen by more than 65 percent.
This has some crypto investors discussing the likelihood of a “crypto winter,” a term that refers to major bear markets in the market’s brief history. The most recent instance of this occurred in late 2017 and early 2018 when bitcoin fell by up to 80% from all-time highs.
Crypto Winter Is Coming…
David Marcus, the former head of cryptocurrency at Meta, the parent company of Facebook, appeared to accept that a crypto winter has already arrived. “It is during crypto winters that the best entrepreneurs develop the best enterprises,” he wrote in a tweet. This is once again the moment to prioritize solving genuine problems above pumping tokens.”
Nadya Ivanova, chief operating officer of BNP Paribas-affiliated technology research group L’Atelier, believes a crypto winter has not yet arrived — but the market is “currently in a cooling off stage.” That may not be such a bad thing, she suggests.
Crypto’s demise has coincided with a sell-off in global stocks. According to experts, the engagement of huge institutional funds has resulted in greater integration of digital assets with traditional markets.
Since the start of the year, the S&P 500 has lost 8%, while the tech-heavy Nasdaq has lost more than 12%. Additionally, the correlation between bitcoin’s performance and the S&P 500 has been increasing recently.
Traders are concerned that prospective interest rate hikes and aggressive monetary tightening by the Federal Reserve may deplete market liquidity. The US central bank is considering such moves in response to rising inflation, and some analysts believe they could signal the end of an era of ultra-low interest rates and sky-high valuations — particularly in high-growth sectors like technology, which benefits from lower rates because businesses frequently borrow money to invest in their operations.