Month: October 2020

Report: Bitcoin Surges With Rising Real Interest Rates and Economic Stimulus While Gold Performs Better With Rising Inflation

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A new report by Bitstamp and Bytetree says bitcoin responds better to the rising money supply, rising real interest rates and a strong economy. This is in contrast to gold which appears to perform better when real interest rates are falling while inflation is rising. To support these findings, the report points to the collapse … Read more

Crypto Adoption Advocate 1xBit Adds EOS to Its Sportsbook and Casino

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October 8th 2020, Limassol, Cyprus – 1xBit Casino Sportsbook has announced its support for one of the markets hottest cryptocurrencies, EOS. The PoS (delegated-proof-of-stake) token is used on the EOS platform for developers to build Dapps, but also offers the everyday user a rapid, free transfer of value. With these efficient attributes at the core … Read more

97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban

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The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue the ban, completely disregarding the overwhelming public input. In … Read more