Daily crypto: Prices drops and Facebook is easing its ban on crypto ads

Daily crypto: Prices drops and Facebook is easing its ban on crypto ads.

Image source: Shutterstock / Trijo News

Christian Ploog

christian.ploog@trijo.co

A new survey shows that interest in bitcoin in Europe is set to double. Also, Facebook is now easing its ban on advertisements related to cryptocurrencies. Here are the top crypto news stories from the last 24 hours.

Previously, Facebook, Google, and Twitter have banned advertisements that are related to cryptocurrencies. Even Microsoft’s search engine Bing decided in May to stop similar ads. The reason is that they want to protect their users from fraudulent and misleading advertising. However, Facebook is now easing its ban, at least for certain companies.

The social media giant has created a request form where companies can apply to be approved for having crypto ads on the platform. However, Facebook will still not allow ads for ICOs or binary options, according to a blog post.

Increased interest in bitcoin

A new survey conducted by the market research company Ipsos, commissioned by the Dutch finance and insurance company ING, shows that interest in bitcoin in Europe is set to double.

The survey was conducted between March 26 and April 6 this year and had nearly 15,000 participants in 13 European countries, USA and Australia. It shows, among other things, that two-thirds of Europeans have heard of cryptocurrencies, Bitcoin News writes.

Prices continue to decline

The crypto markets have shown red numbers in the past 24 hours. Among the largest cryptocurrencies, bitcoin cash (-7.55%) and eos (-6.47%) have declined the most.

Those ones who performed best at top 100 were monaco (+11.44%) and nebulas (+8.93%), while the worst performing ones were populous (-12.98%) and waykichain (-12.39%).

Prices the last 24 hours

Asset: Price: % (24h)
Bitcoin $6 097,43 -2,25%
Ethereum $433,79 -4,52%
Ripple $0,459927 -4,29%
Bitcoin cash $691,79 -7,55%
Eos $7,59 -6,47%

Follow Trijo News on FacebookTwitter, and Telegram.

Keep up with the latest news

Read more