#News

Date: March 29, 2024

Google has taken a huge step towards supporting the cryptocurrency industry by adding Bitcoin to its Search Engine Indexing.

While the general public wouldn’t have noticed, the accessibility of cryptocurrency-related content on Google was minimal till now. Google has made a major move towards supporting the cryptocurrency industry. As Google integrates Bitcoin data into its Search Engine Indexing, users will have better access to cryptocurrency-related data globally. 

By seamlessly integrating cryptocurrency data into its search engine, Google will help decentralized digital assets gain mainstream recognition worldwide. Investors, buyers, sellers, and crypto traders will have real-time data to make critical business decisions. Users can also search for their Bitcoin balance through a simple search prompt using their blockchain wallet address. With this update, Bitcoin’s price, market trends, and latest news articles will gain better visibility on search results for users.

Crypto Integration With Ethereum Name Service (ENS)

Google has also expanded its presence in the cryptocurrency domain by integrating with Ethereum Name Service. This integration will enhance user access and visibility for Ethereum transactions. By incorporating ENS domains in its search functionality, Google has extended support for the second largest cryptocurrency, Bitcoin.

The integration will initially allow users to check their wallet balances, public addresses, and relevant decentralized information directly through Google Search. Over time, the service will expand to provide advanced information about the Cryptocurrency market. However, the initial features have also received negative feedback, seeking potential improvements in the user experience and seamless integration.

As of the latest update, Bitcoin is priced at $70,661. Its 24-hour trade volume reached $27.3 billion. Despite highly volatile fluctuations in the cryptocurrency market, Bitcoin has sustained its top price position and dominated the crypto industry by a large margin. This indicates that investors are actively engaged and interested in Bitcoin, which became the first entrant in Google’s indexing. Bitcoin’s current market capitalization is $1.3 trillion, making it the biggest facilitator of blockchain technology and related transactions.

Blockchain technology is making rapid strides in facilitating safer, discreet, and seamless transactions. Its decentralized nature attracts investors who want to avoid the tax liabilities of centralized currency transactions. With Google's acceptance of cryptocurrencies, the prevailing distrust and vulnerable reputation of cryptocurrencies will slowly fade.

By Arpit Dubey

Arpit is a dreamer, wanderer, and a tech nerd who loves to jot down tech musings and updates. With a logician mind, he is always chasing sunrises and tech advancements while secretly preparing for the robot uprising.