Cryptocurrency continues to enter mainstream usage. Google Finance users can now get a rapid rundown of the top crypto prices with a single click. Crypto prices have been added to the finance.google.com domain. Now, the section titled ‘Crypto’ appears in the “Compare Markets” category together with conventional stock and currency markets.
Google’s parent company, Alphabet, also owns the YouTube video platform. YouTube is infamous among crypto users for banning educational and news content, which it does randomly. Some of the biggest publications in the crypto news space have been subject to suspensions that have later been overturned after YouTube confirmed that they were not in violation of its terms of service.
The crypto market has attracted mainstream attention in the last year, with institutions and corporations having started to invest in the asset class. Their involvement assisted in the launch of the crypto market cap past $1 trillion in January. The crypto market cap would eventually surge above $1.7 trillion in February before experiencing a pullback. At the time of writing, the general market cap is hovering around $1.4 trillion.
Retail adoption and institutional interest have grown massively in the past three months. In that context, major firms like MasterCard and Tesla are actively embracing cryptos and the need for more definite regulation is increasing, based on a statement by the United States Securities and Exchange Commissioner Hester Peirce.
Multiple calls for clearer guidelines on digital assets might grow louder as the bull market continues to heat up. Meanwhile, Peirce says that the new Biden administration can offer a fresh look at the regulatory aspect.