A representative of snapchat confirmed the fact that they have banned the ICO ads and they are not sure whether they will ban the digital currency ads.
There is nothing new because most of the ICO nowadays are scams, that why they are blocking the advertisement of the ICO for them to protect their user from being scammed.
No worries, The cryptocurrency will continue even though we don't have any advertisement. Many people already know this and I think this will continue to grow by means of personal promotion to other people.
Besides, I think this forum is enough, because as we already know, almost all the large investors of cryptocurrency is in this forum, so I think the cryptocurrency will not go down in value because of this news.
and I do not think the bitcoin price drops has nothing to do with blocking bitcoin ads on facebook due to the problem of blocking new facebook ads now while bitcoin prices are down from late last year. Facebook has realized the future of digital media will switch to the blockchain platform, where crypto became the target of its users. may be useful.