Crypto Market Analysis: 3-14-18

in #cryptocurrency7 years ago

Today was an extremely bloody day for the crypto market, with 99% of the coins in the red.

In the news:

  1. Google To Ban All Crypto-Related Ads Starting June 2018
  2. Major South Korean Exchange Bithumb Partners With BitPay To Corner ‘$200 Bln’ Market
  3. Circle Opens Crypto Investment App To 46 US States, Leverages BitLicense To Enter New York
  4. UK Coinbase Users Receive Faster Crypto-Fiat Transfers In First For Country
  5. UK Crypto Exchange to Launch Bitcoin Futures Contracts

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Conclusion: I think the most shocking news is Google banning all crypto-related ads. It seems like these companies are starting to find out more about crypto, and as crypto goes more mainstream it will become more regulated. I don't know if this has happened yet, but hopefully YouTube doesn't decide to ban crypto ads, I do follow some youtubers that utilize that as a source of advertising.

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