Bitcoin News Roundup for April 28, 2020

feature Hedera Hashgraph has launched its long-awaited public network, backed by some of the world’s largest corporations and promising faster transactions and greater capacity to scale than any blockchain to date. Since December 2018, the network had been available in a testing environment to a small group of corporations and developers. As of 00:00 UTC…

Aug 4, 2020 at 18:30 UTCUpdated Aug 4, 2020 at 18:43 UTCRep. David Schweikert of Arizona and other members of the Congressional Blockchain Caucus are asking the IRS to ensure “tax policy does not indirectly dissuade U.S. taxpayers from participating” in crypto staking networks. (Gage Skidmore/Flickr)US Lawmakers Don’t Want Proof-of-Stake Networks to Get OvertaxedCrypto holders…

Tokenized U.S. Treasuries are a booming market, and now they are coming to the nascent crypto hub of El Salvador. NexBridge Digital Financial Solutions S.A de C.V, a digital asset issuer based in El Salvador that recently won digital asset service license from local regulators, has teamed up with Bitfinex Securities to offer the first

Investors are likely to have a relook at ether as the spot ETF narrative gathers steam and Ethereum remains the dominant chain in the DeFi and NFT world, according to analysts.Ether is qualified to be a core holding in a diversified crypto portfolio, one observer said.Ether (ETH), the native token of Ethereum’s blockchain, underperformed bitcoin

Aug 14, 2020 at 12:51 UTCUpdated Aug 14, 2020 at 13:28 UTCIllustration from "The World Turned Upside Down." (Alamy/Photomosh)First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as EverAs the coronavirus takes its devastating toll on the U.S. economy, financial pros are increasingly confounded by the markets.  The economy is in its worst shape since the…

U.S.-listed bitcoin ETFs experienced outflows totaling over $226 million on Thursday, marking the third day of outflows this week.This trend echoes the stream of outflows that took place at the end of April.U.S.-listed bitcoin (BTC) exchange-traded funds (ETFs) posted over $226 million in net outflows on Thursday for a third day of outflows this week

India's markets regulator has suggested that several regulators oversee trade in cryptocurrencies, Reuters reported.The suggestion was made to a government panel tasked with formulating policy for the Finance Ministry to consider.India's markets regulator has recommended that oversight of cryptocurrency trading should be vested in several authorities, Reuters reported.The Securities and Exchange Board of India's (SEBI)

The slump coincides with defunct crypto exchange Mt. Gox moving $2.6 billion worth of BTC to a new wallet prior to commencing creditor repayments. Michael Saylor's software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led the declines. U.S. crypto-adjacent stocks were in the red in pre-market trading on Friday as

Ethereum classic will be listed for the first time on Coinbase later today and the market is already reacting positively.