Google's move follows a similar decision by Facebook Inc in June. The world's largest social network has allowed certain virtual currency ads and related content from advertisers to be approved before.The virtual money boom has caused many scams, forcing authorities in the country as well as many large technology companies to find ways to control.This is really good news for the market
for some reason i think these companies banning crypto ads are just coordinated move just to acquire more money from the investors. i bet facebook and google and a long with the dozen finance companies had been buying bitcoin and all other coins before it got pumped and they dumped it all and gain a ton of money. now they are back to pump it again after they bought back just when btc dip to $6k.
Nothing new and no surprise that theres big companies or institutions would really make such decisions for their own benefit. They make news about ban and when dumped they accumulate. No one really knows but
atleast seeing these reverse bans would really be good but I don't really expect any positive affect on the price.As we have seen we are stabilizing with these ranges.