Google Bans Cryptocurrency Adverts, Bitcoin Drops Price

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Bitcoin prices briefly fell below $8000 in the past 24hours in response to news that Google is planning to ban the advertising of cryptocurrencies. Google’s move is similar to Facebook’s January announcement that banned ads on binary options, Initial coin offerings and cryptocurrencies.

This latest news maybe a result of cryptocurrencies that have emerged in recent years which are said to be misleading and deceiving people.

More to follow

One response

  1. SMH

    Price drop has nothing to do with google announcement, price been dropping since last week and this mainly due to Mt Gox trustee lawyer dumping approx $400m worth of bitcoin onto market to pay creditors. You should really research deeper before posting half cooked stories.

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