After a brash move of banning cryptocurrency advertisements, Google has come to its senses.
Starting in October, the search engine giant will allow cryptocurrency exchange advertisements in the United States and Japan, according to CoinDesk.com.
Google has emphasized it will only allow “regulated” trading sites to advertise, and it appears marketing initial coin offerings (ICOs) will still not be allowed.
You see, we are still in the early stages of the cryptocurrency revolution. There are going to be overreactions, like we’ve seen with advertisement bans from Google, Facebook Inc. (NASDAQ: FB), and Twitter Inc. (NYSE: TWTR).
But once these companies see the growing demand for crypto coins and blockchain products, they will get on board.
Here is a recap of the top five cryptocurrencies by market cap as of 9 a.m. ET:
|Cryptocurrency||Market Cap||Price||Change (24h)|
|Bitcoin Cash (BCH)||$7,729,743,161||$445.02||+1.84%|
The Top Cryptocurrency Stories for Sept. 26
- A German fintech start-up is trying to make it easier for cryptocurrency customers to hold crypto in traditional bank accounts. Bitwala will enable the management of both euro deposits and Bitcoin funds within the same bank account, according to CCN.com. It will launch by November, and 30,000 customers have already signed up for the service.
Stunning: New innovation will be like “adding twin turbos to the Bitcoin engine” – and could send its price to $100,000. Learn more…
- Craig Cobb of TraderCobb.com is very optimistic about the future of Bitcoin. By Dec. 31, the trader projects the price of Bitcoin will reach $18,000. From today’s price of $6,526.06, that’s a potential profit of 175.81%.
- Finally, Walmart Inc. (NYSE: WMT) is becoming a surprising proponent of blockchain technology. The retail giant will require spinach and lettuce suppliers to contribute to a blockhain database that can rapidly pinpoint contamination, according to The New York Times. That means more farmers and logistic companies will utilize the advanced technology.
See Why Bitcoin Is Far from Dead (and How It Could Make You a Millionaire)
At our recent Bitcoin 20x Summit, we uncovered information that left many folks stunned – and re-evaluating everything they thought they knew about the crypto market.
You see, while Wall Street and Fortune 500 companies continue to badmouth Bitcoin, they’re diving headfirst into this craze… and we’d bet not one in 10,000 people knows the reason behind it.
Go here to see why Bitcoin’s not dead… and how it could make you millions.
About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.To get full access to all Money Morning content, click here.
Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
Source: Money Morning