11 Proven Benefits of Olive Oil There are many disagreements about fats in the diet. However, pretty much everyone agrees that olive oil, especially extra virgin, is good for you. Here are 11 health benefits of olive oil that are supported by scientific research. 1. Olive Oil is Rich in Healthy Monounsaturated Fats Olive oil is the natural oil extracted from olives, the fatty fruit of the olive tree. About 24% of the oil is saturated fats and omega-6 and omega-3 fatty acids (1). But the predominant (73%) fatty acid in olive oil is a monounsaturated fat called oleic acid, which is extremely healthy. Oleic acid is believed to help reduce inflammation, and may have beneficial effects on genes linked to cancer . Monounsaturated fats in extra virgin olive oil are also...
American Express Brings Credit Card Buying to Bitcoin App Abra Beginning today, a select group of Abra users and new customers will see the option to buy bitcoin with their American Express card. The months-long integration process between the two companies involved Abra exposing the depths of its business processes to its partner and investor, and has resulted in an even closer relationship between the firms. Still, Abra founder and CEO Bill Barhydt believes the end result of that effort could be a rapid acceleration of bitcoin adoption globally. Barhydt told CoinDesk: "Abra has to become effectively an American Express processor internally in order to do this, because we're processing directly with American Express. There's no third-party acquirer
Bitcoin is on the road to increasing its capacity – but it's not there yet. Despite the claim bitcoin has been upgraded to support Segregated Witness-style transactions, there are more steps that need to occur before its distributed network can process additional data. In fact, due to the complexities of keeping bitcoin's distributed network in unison, the change might not take hold until late August. The timeline That said, with BIP 91 activated, bitcoin is now headed down a path toward that possible outcome. In context, this means that BIP 148, a proposal that seeks to upgrade the network to SegWit using different code, is no longer likely (though it's still possible). As such, one avenue that would find bitcoin splitting into two blockchains has been diminished, though it wou
In a move that shouldn’t stun most BTC and cryptocurrency followers, Rothschild has purchased Bitcoin via the GBTC (Bitcoin Investment Trust) investment vehicle. SEC articles signed on Friday indicate that Rothschild has diversified into cryptocurrencies, now owning $210,000 worth of GBTC. The disclosure was published via Twitter. The move should not come as a surprise given the widespread and increasing support of Bitcoin among institutional investors and hedge funds. The market had reacted with strong negativity after the fears of a potential breakdown in support of the BIP 91 and SegWit by miners. However, it has since responded with rapid positivity, increasing the prices of Bitcoin to close the week nearly 40 percent up from the lows of last weekend. The price of Bitcoin is a
The president of the European Union's central bank has issued new remarks that touch on the rising price of cryptocurrencies. The president of the European Central Bank (ECB) has issued remarks addressing the rising interest in cryptocurrencies as an asset class. In a letter to members of the European parliament this week, Mario Draghi built on statements made during a May hearing, in which he first discussed financial innovation, including the "rapid pace of development" in digital ledger (DLT) and related technologies. At the time, he cautioned that care must be taken so that fintech, including blockchain and DLT, does not disrupt the financial system. Published this week, the new letter builds on this commentary, addressing more directly the rise in cryptocurrency prices so far i
Had it not been for an ID plate that had remained with the bus – and a Volkswagen enthusiast with an eye for rare Wolfsburg tin – then a rare 1951 VW Microbus Deluxe left sitting in a German field for more than 50 years might well have become so much scrapyard fodder. Instead, it’s now destined for a 10-year restoration. According to that ID plate, which current owner Florian Kalff of Bonn, Germany, ran by Volkswagen’s archives before buying the dual pickup loads’ worth of rusted metal, the 23-window Microbus – aka “Samba” – not only dates to 1951, the first year of production, it also dates to one of the first days of production. Reportedly, the Volkswagen archives only list one earlier chassis number for a Samba, which has since gone missing. Introduced in April 1951
Cosmetics Giant Lush Accepts Bitcoin Anti-animal cruelty and vegan cosmetic and skincare giant Lush has announced that it will be taking a bold step with its online store as it begins accepting Bitcoin as a form of payment. The UK cosmetic high street shop, that has seen rapid growth with stores across the globe, has seen it fit to move with the times by adopting Bitcoin, the most popular cryptocurrency, as a form of payment for its online store. Joining the big boys Lush will be embracing this new monetary technology, and join companies on the scale of Microsoft, Expedia and Steam, in this uptick of Bitcoin. The idea is to allow for more global payment to be made on their UK online store through the use of this decentralized currency. Because Bitcoin is not tied to any oth...
A further major Swiss financial institution has begun accepting Bitcoin this week as Swissquote follows Falcon Private Bank. In a press release issued today, Swissquote describes itself as the “first online bank in Europe to offer Bitcoin investing.” The decision opens up Bitcoin investment to the platform’s 302,000 customers with a combined capital of 17.8 bln francs ($17.6 bln). “Many investors are interested in cryptocurrencies, but are afraid to trade them, because the players in this market are mostly little-known and they often require the transfer of funds to a foreign account,” CEO Mark Buerki commented in the release. “As a Swiss bank, we offer our clients a simplified, transparent process, without foreign transfers, that is within reach of everybody.” The news co
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