Google Finance Incorporates BTC, ETH and LTC in New Label

15 Apr 2021

Cryptocurrency is increasingly becoming a recognized and popular avenue, as now Google Finance users can quickly access information on the best crypto prices with just the click of a button. This comes after the very much overdue decision by Google Finance to integrate cryptocurrency prices to the domain name

In a category termed "Crypto" that now features on the "Compare Markets" segment right next to the conventional stock and currency markets categories, users can now achieve a timely rundown to see the top crypto prices. In this section, users can see the main pricing data for different cryptocurrencies such as Bitcoin, Ether, Litecoin and Bitcoin Cash. This enables them to monitor how individual cryptocurrencies over time.

Google Changes Tune

Alphabet, otherwise known as the parent of Google, is also the owner of the video platform YouTube, a platform that has continuously irritated users by randomly eliminating everything to do with education and news on the segment.

The crypto news arena's two biggest publications, CoinDesk and Cointelegraph, have a history of becoming victims of individual suspensions before the suspensions were again withdrawn. This came after the video platform YouTube found out that the two publications were violating the platform's terms of service. However, the discovery was late proven to be false, hence the suspension retraction.

Growing Crypto Adoption

The year 2019 marked a period during which the crypto market notably inspired the general public's interest. This was mainly because institutional investors as well corporations began investing in the asset category. With this involvement came an opening for the launching of the crypto market cap beyond $1 trillion by January 2020. This cap progressively went high to the tune of $1.7 trillion in the next month, right after a decline to the present value of at least $1.4 trillion.

Between the months of November to January 2021, retail and institutional adoption have witnessed a robust increase. The active adoption of crypto by big firms like Tesla and MasterCard, among others, has made it even more necessary to feature more understandable regulations. This is a belief shared by Hester Pierce, the United States Securities and Exchange Commission, Commissioner.

There is an expected increase in the calls for guidelines and regulations that can be easily understood to govern the entire digital assets space with time. This is more necessary now that the bullish market is continuously heating up. Meanwhile, the commissioner believes that the administration of the new President of the United States, Joe Biden, is more open to providing a fresher look at the crypto regulation aspect.

With President Biden's administration, the fresh perspective will perhaps provide more opportunities for reform to make the entire crypto space even friendlier to users. Nonetheless, the step by Google Finance in integrating a "crypto" function has been long overdue, and users have not wasted any time before starting to track down how the cryptocurrencies that interest them have been performing.

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