Facebook removes crypto ad ban – May 9

📈 30 Second Price Summary

Current Bitcoin Price$6123

As a whole, the cryptocurrency market is up just 0.5% today. With almost all altcoins in the red over the last 24 hours, it’s Bitcoin holding the market average positive with its 2.7% gains. Ethereum, XRP, Bitcoin Cash, Litecoin, and EOS are all down between one and two percent.

Binance Coin, Stellar, Cardano, and TRON are all down around 6-8% today, while Bitcoin SV is the only other top-20 coin in the green, aside from Bitcoin.

Top Stories for 9th May 2019 🔥

👉 Facebook removes crypto ad ban

Back in the crypto-craze of late 2017 to early 2018, Facebook made the decision to ban cryptocurrency and blockchain related advertisements to protect its users from the large number of scams.

Today, Facebook made the decision to revert its ban on cryptocurrency related advertisements. Some users speculate that the social media giant may be close to releasing its own crypto product.

👉 Binance to add margin trading

As the world’s most popular cryptocurrency exchange, it may come as a surprise to some that Binance doesn’t offer margin trading functionality. However, there have been rumors they’ll be doing so soon.

Binance has confirmed it will be adding margin trading functionality to its platform, which will allow users to take leveraged positions where they make or lose a multiple of what they would have otherwise.

👉 Novogratz predicts $20,000 by 2020

Mike Novogratz is a well-known cryptocurrency bull who correctly predicted that Bitcoin would hit $10,000 in 2018. He’s back with another Bitcoin price prediction.

The market analyst believes Bitcoin will be able to triple in value, up to its previous all-time-high of around $20,000, within the next 18 months.