After FaceBook now it is Google, worlds largest ad provider announced to ban all Cryptocurrency ads.
Earlier Facebook had announced similar announcement in January this year to ban all Cryptocurrency related ads.
This resulted a 5-6% drop in Bitcoin price, a sharpfall from $9110 to $8790. Bitcoin had touched a high of $9350 today before the news and currently trading just above the $8800 level.
Over the last 24 hours only NEM is trading in green, the price of NEM is up 2%, CMP $0.440.
Ethereum, Ripple and Bitcoin Cash all down almost 5% and Litecoin down 4% in the last 24 hours.
But happy news for Steem holders. Steem price up more than 7%, CMP $2.53.
Steem Dollar up 9% CMP $2.82.
Don't worry because decentralized advertisement platforms are coming :)
That would be nice....
read my newest blog for your concern
Cant wait for other online decentralised platform.knew this would happen.with steemit and other social networks coming up they are scared
Eagerly waiting that to happen. Thanks @@@faayeverified for dropping by