Cryptocurrencies continue their breakthrough into the mainstream. Google Finance users can get a quick overview of the prices of the most famous cryptocurrencies with just one click and compare them with other asset classes. Google Finance has added a separate crypto section to finance.google.com. A section called “Crypto” now appears in the “Market Comparison” category, along with traditional stocks and fiat currencies. This section provides key pricing information for several cryptocurrencies, including Bitcoin, Ether, Litecoin, and Bitcoin Cash. Google’s umbrella company, Alphabet, is also the owner of the largest video platform, YouTube, that has consistently suppressed crypto content creators by banning the publication of educational content and news, often seemingly at random. Cointelegraph and CoinDesk, the two largest crypto news platforms, are subject to suspensions that were subsequently lifted after YouTube confirmed that they did not violate the terms of service on this platform.
The cryptocurrency market has attracted a lot of attention over the past year as institutional investors and corporations have begun to invest in this asset class. Their participation helped grow the market capitalization of cryptocurrencies, which exceeded $ 1 trillion in January. The market capitalization of the entire cryptocurrency market peaked in February at $ 1.7 trillion, then underwent a correction. According to current values, the cryptocurrency asset class is worth more than 1.43 trillion US dollars. Retail cryptocurrency adoption and institutional interest have risen sharply in the last three months. And as large companies such as Tesla and Mastercard actively pursue cryptocurrencies, the need for clearer regulation is growing, said U.S. Securities and Exchange Commissioner Hester Peirce. Demands for a clear regulatory framework in the digital asset market are likely to become “louder” as the bull market heats up. Meanwhile, Peirce says, the new administration of US President Biden can provide a new perspective on the regulatory aspect of cryptocurrencies.