China Regulator Wants to Ban Mining / 400 Million / Trump / Taxonomy Bill

Subscribe | View in browser $BTC (4:01 p.m. EST): $5,411.56 (3.60%) // 90-day high: $5,156.44 // 90-day low: $3,286.14 / / More… $BCH ABC (4:01 p.m. EST): $309.13 (-4.46%) // 90-day high: $332.82// 90-day low: $80.95 // More… $ETH (4:01 p.m. EST): $181.80 (2.56%) // 90-day high: $181.11 // 90-day low: $86.08 // More… $LTC (4:01 p.m. EST): $90.06 (3.01%) // 90-day high: $93.66 // 90-day low: $22.09 // More… $XRP (4:01 p.m. EST): $0.35 (2.36%) // 90-day high: $0.43 // 90-day low: $0.28 // More…       1. The National Development and Reform Commission, China's chief planning regulator, wants to ban cryptocurrency mining. The organization wrote in a new paper that bitcoin mining has "seriously wasted resources." Currently, about three-fourths of cryptocurrencies are mined in China, generating up to 10 million tons of carbon dioxide, according to a study. China has considered a larger crypto mining ban since last year and has reportedly asked local governments to encourage firms to quit the business. –ENGADGET       2. The bitcoin blockchain recently surpassed 400 million transactions in its history. The historic transaction took place on block 570,761, which was completed on April 8. The 400 million number represents the total history recorded on-chain and excludes batching, off chain transactions, and other layers, dating back more than 10 years. There is some hope that the month's increase shows bitcoin is entering a new bull market. –CRYPTO SLATE       A MESSAGE FROM OUR SPONSOR Find your dream sales job at the Fairygodboss Virtual Career Fair For Women in Sales on May 16th. Calling all experienced women in sales! Join the Fairygodboss Virtual Career Fair to explore exciting new opportunities at top sales employers like Zillow, E*TRADE, HubSpot, Hitachi and Ingersoll Rand. Connect directly with recruiters who are looking for experienced talent. Register for free now. Click Here to Register! 3. President Trump has unwittingly helped promote the need for bitcoin and cryptocurrencies, Bitcoinist argues. The site gives three reasons: Trump makes the Fed look un-independent; he continues to appoint pro-bitcoin staff in high places; and the current economic uncertainty around the world helps adoption. Bitcoinist also cites the Fitch ratings report, where Trump and other world leaders were named (and shamed) for their interventions that have eroded the independence of central banks. –BITCOINIST       4. Rep. Warren Davidson (R-Ohio) reintroduced the Token Taxonomy Act, which would make cryptocurrency earnings subject to a new tax structure. The bill was initially introduced last year but this new version provides a more distinct definition of cryptocurrencies. The bill aims to amend the Securities Act of 1933 and the Securities Exchange Act of 1940 and would exclude digital tokens from the definition of a security. –DAILY HODL       A MESSAGE FROM OUR SPONSOR What's new in the entirely reimagined Jira Software? Just about everything. The next generation of Jira has arrived, featuring new roadmaps, more flexible boards, an overhauled configuration experience, and dozens of new integrations. And that's just the beginning. See what you're missing in the entirely reimagined Jira Software. Simpler and more powerful than ever before.      5. Ripple co-founder Chris Larsen donated $25 million in XRP to San Francisco State University. –CCN 6. YouTube streamer PewDiePie will hold a special event on DLive, a blockchain-infused streaming service. –THE NEXT WEB 7. Capital One has been issued a patent that leverages blockchain to validate content. –DAILY HODL 8. Willy Woo and David Puell tweeted about two experiments that they argue can help investors find a bottom for bitcoin and other cryptocurrencies. –NEWS BTC 9. A Danish man was sentenced to four years in prison after his conviction for a bitcoin money-laundering scheme. –AMB CRYPTO 10. Opera released a browser update with ethereum wallet and Web 3.0 compatibility. –SLUDGE FEED       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside) and Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram).       Ad A reimagined Jira Software. Simpler and more powerful than ever before. Learn more. Vettery's 2019 Tech Salary Report Is Here. Download Now.   Meet the Pod: A high-tech bed designed to improve your sleep through dynamic cooling and heating. Learn More

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