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Cryptocurrency News Update: 18 March, 2018
Cryptocurrencies market falls below to $295 billion and bitcoin price is $7,698 USD. It started further to drop from last week after news of Google banning of crypto advertisements. On 17 March, 2018 bitcoin touched the highest value of $8,346.53 and observed lowest at $7,812.82. Opened at 8,321.91 and closed at $7,916.88. This bitcoin price drop will increase difficulty for bitcoin miners.
Bitcoin miners from Russia and around the word have been invited to turn-off mining machine from 8:30 to 9:30 pm on March 24 by Russian mining and blockchain experts. This Earth Hour event held annually in more than 7,000 cities around the world, reported in news.bitcoin.com
A lawsuit has been filed against Google against Crypto related ad banning on Google in Russia. Entrepreneur Vladimir Orehov demands a 2 billion rubble compensation from Russian Google entity, reported in news.bitcoin
Ripple XRP News
Corry Johnson joined Ripple few days ago as chief market strategist. He replied to Yahoo Finance on Google bans crypto ads, Thank god. Regulation is to be good for cryptocurrencies and blockchain technologies. And it really is going to separate the wheat from the chaff, reported by Yahoo Finance.
Bitcoin is fighting for sustainability at $7,720 USD. Overall market is down and expected to recover on Monday morning. We will be back with more news, stay tuned for more cryptocurrency news updates.