Bitcoin gone down by news of google

Source: cointelegraph

Google has followed Facebook by banning advertising related to cryptocurrency. While this is certainly not good news for ICO's highly marketing-driven campaigns, it is unlikely to hurt the prospects for coins backed by strong technical fundamentals.

It will not influence existing coins because these cryptocurrencies do not need a marketing team. The popularity of Bitcoin, for example, continues to grow even as established players try to stifle its rise.

According to Dennis O'Callahan, CBOE's Director of Product Development, 7,000 Bitcoin futures contracts are changing hands on the Chicago Board Options Exchange (CBOE) every day, prompting CBOE to consider offering additional cryptocurrencies.