Bitcoin, and all altcoins are in the green after a long spell of depression. It is good news for all investors or potential investors, and has brought hopes for the market to rise again.
However, many countries and regulators are not in favour of it. Social networking giants, like Facebook, Google and Twitter have banned crypto ads and ICOs, in open aversion to the crypto world. It means cryptos will have more challenges ahead. Will the cryptos resist challenges ahead and take over?
This is just a price bump happens in short term so the price may dump again so.
But the bans from the social network maynot have a big effect on the cryotocurrency prices but it can affect the upcoming projects.