Google, the most popular Bitcoin trend indicator, turns 23
Since the introduction of Bitcoin, Google has become an excellent popularity indicator for cryptocurrencies. Google, the leading indicator used to track the popularity of Bitcoin (BTC) and other cryptocurrencies, celebrated its 23rd anniversary on Sept. 27, 2021.Founded by Larry Page and Sergey Brin when both were students at Stanford University, the search engine has spent the majority of its 23 years of existence being one of the primary entry points to the internet. Following the inception of cryptocurrencies, Google has been widely used as the primary method to search for new coins,....
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You know something has achieved some level of popularity when it enters the top 500 searches on Google Trends. Never mind hitting the top 100 searches - that just means you're really popular. So it's probably no surprise that 'bitcoin' just so happens to have made the top 100 Google searches of 2013. This hobby-turned-investment-vehicle hit the spotlight first in April when it achieved an all-time high of $260+ USD. It then came back into the limelight in November, when the price topped a whopping $1200 per unit. As the mainstream media began to cover the incredible returns early adopters....
Google is one of the many players looking to venture into the world of peer-to-peer payments shortly, and their Wallet payment solution is evolving over time as well. However, it was rather shocking to hear Google is dropped support for the physical debit cards linked to Google Wallet, as the company is shifting its focus to the mobile ecosystem. Online peer-to-peer payments are the new hot trend, which is part of the reason Bitcoin is gaining so much popularity. Google Wallet Debit Card Dropped. Similar to what other popular online payment processors are offering, Google Wallet users had....
So there's interest in Bitcoin on Chinese search engine Baidu, and there's also interest in Bitcoin on Yahoo. But what about Google? Turns out it is! If you take a look at today's Google Trends list, you'll see that Bitcoin appears as number 7 (at least at the time of this writing). Did we really need any more proof that Bitcoin is gaining traction here? Probably not, but it's always interesting to share these bits of news here and there. How long until it climbs higher on the list?
Bitcoin could soon see a bullish trend reversal as an on-chain indicator suggests it will do so. The on-chain indicator has predicted a number of notable price trends over the past few years. For one, during 2017’s bull market, the indicator formed a number of bounces off the 1.0 reading. Other fundamental trends also suggest that the prevailing Bitcoin trend is bullish. Bitcoin Could See a Bullish Trend Reversal Very Shortly: Key On-Chain Analysis Bitcoin […]
Few days ago, on the 10th of February, the Mycelium team received a notice from Google in regards to their app. The wallet application got removed by Google for allegedly violating Google play's section 3.5 of the Developer Distribution Agreement. This section didn't really provide the team with a clear enough explanation on why their app could have actually been banned. Mycelium community manager Dmitry Murashchik mentioned this in a Reddit post. members of the team originally thought that their app could have been banned either due to the fees had to apply for transactions or because of....