Bitcoin dropped below $8,000 after news that US tech giant Google is going to ban cryptocurrency advertising. According to CoinMarketCap data, as of 05:25 GMT, Bitcoin fell by 14 percent to $7,909. At Bitfinex crypto-currency exchange trading platform, its value dropped by 13.8 percent to $7,847, at Binance — by 14.8 percent to $7,835. On Wednesday, Google said it would ban advertisements related... 

Facebook Inc. on Tuesday said it is banning ads promoting bitcoin and other cryptocurrencies, as well as those about initial coin offerings (ICOs) and binary options. The social networking giant said in a blog that it is making the move because these are “financial products and services frequently associated with misleading or deceptive promotional practices.” “We want people to continue...