Google Finance to offer crypto-based data via a new dedicated tab

Google Finance to offer crypto-based data via a new dedicated tab

Amidst the growing crypto-adoption trend, American multinational technology giant- Google has reportedly started offering crypto price updates on its website-, a webpage that focuses on analyzing the financial markets. For the record, the category named ‘crypto’ has been added to the “Compare Markets” division along with the Foreign Exchange markets and the traditional stock.

Notably, the segment provides integral pricing data for various cryptos like Ether, Litecoin, Bitcoin, and Bitcoin Cash. Moreover, Alphabet, the parent company of Google, runs a popular video-sharing platform- YouTube, that frequently troubled crypto enthusiasts by banning news and academic content, without any prior notification.

In addition to the above, other leading crypto news platforms- Cointelegraph and CoinDesk have witnessed inexplicable debarment despite elaborate clarifications from them. Apparently, both crypto outlets confirmed that they did not violate the terms and conditions of YouTube.

Seemingly, the cryptocurrency market gained tremendous focus in the year 2020, with institutions and companies beginning to invest in the asset class. With their entry, the cryptocurrency market cap crossed USD 1 trillion in terms of valuation in January 2021.

Along similar lines, the cryptocurrency market cap hit a peak of USD 1.75 trillion in February 2021 before showcasing a retracement. At the present, the numero uno crypto value stands at over USD 1.40 trillion.

According to Hester Peirce, Commissioner of the U.S. Securities and Exchange, the institutional interest and retail adoption of digital assets have been growing at a fast past in the last three months. With leading companies like Tesla and Mastercard supporting the use of cryptocurrency, the need for transparent rules is rising.

Citing reports, the demand for transparent law on cryptocurrencies will magnify as the rally is taking the markets to a new height. Peirce also believes that the new White House administration, under President Joe Biden will reshape the regulatory feature.

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