Bitcoin prices continued to decline at the end of May 17, while the cryptographic market continued to receive mixed opinions. Bitcoin fell to $ 8,000
Bitcoin prices today traded at $ 8,309 / bccoin, down $ 200 from the same time yesterday. The highest price of the day was $ 8,493, the lowest price was $ 8,101, the market capitalization was $ 142 billion and the supply was $ 17,037,050.
Bitcoin prices continue to fall, even some units have issued a warning that Bitcoin will soon fall to $ 7,000 in the next 1-2 sessions.
In particular, US Federal Reserve Chairman James Bullard has explained that digital coins start working as non-uniform currencies, when there are more than 1,800 coins, many of which are traded at Different prices in the same market. Money like this has in the past been removed and replaced in the financial markets.
"Digital coins may inadvertently follow different directions in trying to solve an important social problem, which is how best to facilitate the trading floor. based on the market, "said James Bullard.
In addition, the world's leading technology company - Microsoft has officially banned virtual currency advertising on all of its systems. The Microsoft Bing search engine will no longer allow display of virtual currency ads, related products and binary options.
"Because virtual currency and related products are not managed, we see them potentially increasing the risk to the user with the potential for bad sectors to commit fraudulent or deceptive behavior. To protect our customers from this risk, we decided not to allow virtual currency advertising, "said Melissa Alsoszatai-Petheo, Microsoft's advertiser policy manager.
Advertising policies on Microsoft's Bing search engine have also banned virtual currency created for illegal purposes such as tax evasion, money laundering and the promotion of fake virtual coins.