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Far from being downbeat about the recent bans, Brian Kelly, Chief Executive Officer for global investment management firm BKCM, reportedly told CNBC that these would prove to be ‘a good thing for the industry’ as Bitcoin ads with Google Incorporated and Facebook ‘were always a red flag for me’.”Alongside Bitcoin, CNBC reported that the prices for numerous other crypto-currencies also fell following the news from Google Incorporated including Ethereum, which experienced a 9% decline to around 7, while Ripple saw its valuation stand 8. My view is it will be a nothing burger since China has been banning Bitcoin since 2013....

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It has been a pleasure working with the renowned Candlemass on the launch.Recent weeks have reportedly been tough for Bitcoin with its price decreasing by about ,000 last week alone after the United States Securities and Exchange Commission regulator revealed that it would be expanding its scrutiny of crypto-currency exchanges.The move from Google Incorporated reportedly follows a similar decision in January from Facebook, which is the second largest online add provider on the planet, that saw the social networking service institute a ban on the advertising of ‘binary options, initial coin offerings and crypto-currency’....

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“Selling is driven by fear of another China ban, [which is] supposedly coming in next 24 hours.”Alongside Bitcoin, CNBC reported that the prices for numerous other crypto-currencies also fell following the news from Google Incorporated including Ethereum, which experienced a 9% decline to around 7, while Ripple saw its valuation stand 8.Far from being downbeat about the recent bans, Brian Kelly, Chief Executive Officer for global investment management firm BKCM, reportedly told CNBC that these would prove to be ‘a good thing for the industry’ as Bitcoin ads with Google Incorporated and Facebook ‘were always a red flag for me’....