The excitement surrounding the upcoming Bitcoin halving has led to a significant increase in Google searches for “Bitcoin halving,” with interest reaching its highest point ever, more than double that of the last halving event in 2020, and is predicted to hit peak popularity. The halving event, which reduces the rewards miners receive by half, […]
Bitcoin News
Shiba Inu Climbs To Second Spot In Crypto Searches As SHIB Rallies
The ever-vibrant Shiba Inu community is thriving once more as SHIB gains widespread recognition surpassing top cryptocurrency assets in the market to become the second most sought-after digital asset in the entire European continent, securing its stance in the crypto landscape.
Shiba Inu Takes Europe By Storm
XRP enthusiast and market expert Marcel Knobloch, also known as Collin Brown, reported the coin’s latest milestone on X. According to Brown, Shiba Inu has seen significant growth in its long-term investor base, taking Europe by storm by becoming the second most search crypto in the continent.
Brown noted that the milestone is reminiscent of the peak of 2021, having rallied a startling 300% in just 8 days. SHIB’s interest is not limited to Europe, and it has taken the top spot on search charts all the way from Italy to Nigeria.
As a result of the development, WazirX’s poll has crowned SHIB the king of meme cryptos. Thus, Collin Brown has urged the cryptocurrency space to watch out for Shiba Inu, noting that the Shiba pack is at the forefront of the race.
The rankings were determined following a comprehensive analysis of Google Trends data in the past 1 year in order to ascertain the cryptocurrency that, based on searches, each nation in Europe desires to invest in. After gathering collective data, the findings showed a noteworthy pattern that indicated changes in people’s interest in the crypto market.
Shiba Inu went past notable coins like Ethereum (ETH) – the second largest crypto asset, Cardano (ADA), and Dogecoin (DOGE) – the largest meme coin, securing the top pick in about 7 European countries. These include Russia, France, Italy, the United Kingdom, and among others.
Meanwhile, Bitcoin (BTC) – the largest crypto asset remains the most searched coin in the continent acquiring top choice in about 21 European nations, such as Poland, Germany, Belgium, Romania, etc.
Latest Milestone Buttresses SHIB’s Price
SHIB’s recent achievement displays a constant rise in its interest, reflecting the trust of its community members around the world. In addition to bolstering SHIB’s standing, this ranking indicates that European investors are considering adopting the token even more.
Following the project’s landmark, the Ethereum-based memecoin has managed to secure gains of over 18% in the past week. SHIB has experienced a rebound to the .000030 threshold, after falling as low as .000025 during the start of the week. With the memecoin market demonstrating momentum presently, SHIB might be poised for more significant gains in the coming months.
Consequently, SHIB’s rise to the aforementioned price has taken advantage of the market’s general recovery and its seven-day upswing. As of the time of writing, Shiba Inu was trading at .0000305, indicating a decline of 1% in the past day. Meanwhile, its trading volume and market cap have decreased by over 1% and 16%, respectively.
Shiba Inu Takes Over The Internet: Google Searches Climb As Global Interest Surges
Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is back in the spotlight with a surge in both search interest and token price. Google Trends data reveals a global increase in searches for “Shiba Inu” and related queries, indicating renewed investor optimism for the meme coin.
Shiba Inu Surge Sparks Enthusiasm
This increase comes after a quiet period for the memecoin. However, the past month has been nothing short of phenomenal. Search popularity reached a seven-day peak of 100 on March 16th, though it has settled at a still-healthy 48 – significantly higher than January’s levels. Phrases like “Why is Shiba Inu going up?” and “Shiba Inu All-Time High” have also seen a significant uptick, reflecting investor curiosity and potential buying interest.
While the interest is global, specific regions are leading the charge. Pakistan, the Netherlands, Slovenia, Canada, and Nigeria have emerged as the top search originators for SHIB in the past week. This geographically diverse interest suggests a broad-based appeal for the meme coin.
This renewed interest coincides with a remarkable price rally. SHIB’s value has skyrocketed over 180% in the past month, reaching a two-year high of .000045. This bullish run fueled speculation of a retest of its all-time high above .000088. However, the market has since witnessed a correction, bringing SHIB’s price down slightly.
Despite the correction, the enthusiasm within the Shiba Inu community remains high. The long-term goal of reaching .01 per SHIB token continues to be a hot topic, although analysts caution it might take several years to materialize.
Shibarium And Market Recovery
To achieve this ambitious target, the developers are focusing on Shibarium, the project’s Layer-2 scaling solution. Shibarium aims to become a thriving smart contract hub, potentially attracting more users and driving up demand for SHIB.
Experts believe several factors are contributing to the current Shiba Inu frenzy. The broader cryptocurrency market has shown signs of recovery after a recent slump, potentially boosting investor confidence in meme coins like SHIB.
Additionally, ongoing developments within the Shiba Inu ecosystem, such as Shibarium and the burning initiatives to reduce the overall token supply, might be fueling investor optimism.
Whether SHIB can maintain its current momentum and reach its long-term price goals remains to be seen. However, the recent surge in search interest and price rally is a clear indication that the “Dogecoin Killer” is back in the game, attempting to capture the hearts (and wallets) of memecoin enthusiasts worldwide.
Featured image from Pexels, chart from TradingView
Bitcoin, Ethereum, and Crypto Google Searches Surge, Peaking in October Before Tapering Off
Over the 90-day stretch from August 13 to November 11, 2023, bitcoin (BTC) along with a broad array of crypto assets have posted substantial increases. Data from Google Trends in this timeframe indicates a surge in searches for “bitcoin,” “crypto,” and “ethereum,” with these terms achieving a peak popularity score of 100 by late October.
Searches for Bitcoin, Ethereum, and Crypto Hit Highs in October
Recently, the allure of the three terms has grown, yet post-October has seen a decline. Global data from Google Trends over the last 90 days reveals that the interest for “crypto” hit 77 out of a potential 100 on October 24. Advancing to October 30, the interest in “crypto” climaxed, scoring a perfect 100. As of November 11, the search interest for the term is maintaining a steady pace at 58.
Searches for “crypto” gleaned from Google Trends predominantly originate from St. Helena and Nigeria, with the Netherlands not far behind. Trinidad and Tobago are also among the frontrunners, while Cyprus ranks fifth in regional interest for the term “crypto.” “Executive Order,” “Sam Bankman-Fried,” and “Ben Armstrong Bitboy Crypto” are among the related subjects frequently associated with “crypto” inquiries.
Throughout the 90 days, the search term “bitcoin” has consistently maintained a level above 34, reaching a high of 71 on August 18 and settling at 48 by October 2. The interest soared to 51 on October 20 and spiked to 100 by October 24. Yet, the fervor has since cooled, with the figures from November 11 reflecting a Google Trends score of 52, indicating a tapering of interest. Nigeria leads the global regions in “bitcoin” searches, with El Salvador trailing closely.
Brazil, Switzerland and the Netherlands round out the list, following the lead of the top two contenders. Related subjects and questions linked to “bitcoin” feature prominent terms such as “Elon Musk,” “Exchange-Traded Fund,” and “how to buy bitcoin.” Over the past 90 days, “ethereum” has consistently stayed above 31 in search interest. The term hit an 82 out of 100 on October 24. It achieved full traction with a score of 100 by October 30, but as of now, it holds a steady interest level at 55.
Google Trends indicates that “ethereum” interest is coming in strong from St. Helena and Slovenia. Switzerland, Austria, and Singapore follow the duo’s lead in terms of interest in searches related to “ethereum.” Associated subjects linked to the search term include “blockchain,” “Exchange-Traded Fund,” “Chainlink,” and “Solana.” “Ethereum ETF” is also one of the highest-ranking topics.
What do you think about bitcoin, crypto, and ethereum searchers rising? Share your thoughts and opinions about this subject in the comments section below.
Report Exposes Warrantless Cash Searches at Atlanta Airport
In a startling investigation report, Atlanta News First uncovered the concerning practices of the U.S. Drug Enforcement Administration (DEA) task force officers. At Hartsfield-Jackson Atlanta International Airport, DEA officers, in plain clothes, have been found searching passengers’ carry-ons without warrants and seizing large sums of cash without making arrests. The report and attorneys say the practice raises constitutional and privacy concerns among American citizens.
Plainclothes Cash Hunts at Airports
Atlanta News First recently shadowed DEA task force officers at Hartsfield-Jackson, observing them as they discreetly moved from gate to gate. Passengers were searched right after scanning their boarding passes, often without any clear indication of the officers’ actual identity or purpose.
Film director Tabari Sturdivant recounted his unsettling experience. Mistaking a DEA agent for a Delta representative due to displayed airport credentials, he said, “He just approached me, and he asked me for my ID. He didn’t state who he was. He just asked me for ID, and I thought he was a Delta agent. He had airport credentials on, and so I gave it to him immediately.”
The filmmaker noted that the DEA agents didn’t find anything suspicious but asked him:
Are you high? Have you smoked? Do you have any drugs in this bag? Do you have any money?
Warrantless searches and seizures directly violate the Fourth Amendment, which is aimed at safeguarding American citizens from such unreasonable intrusions. The report notes that these actions by DEA agents not only infringe on personal freedoms but also erode the public’s trust in law enforcement agencies.
This isn’t the first episode of the DEA and law enforcement authorities unlawfully seizing individuals’ assets. Take, for example, the DEA’s extensive track record of orchestrating “cold consent encounters” at Amtrak stations, mirroring their tactics at airports. In 2021, FBI agents confiscated million from safety deposit boxes in Beverly Hills, a move attorneys decried as lacking proper justification.
A report by Reason reveals that, over the past decade, law enforcement, with the DEA at the forefront, has seized a staggering billion in cash. Data from the Department of Justice’s Office of the Inspector General (OIG) indicates that about 65,000 cash seizures, representing 81%, were subjected to administrative forfeiture by the DEA, amounting to .2 billion.
Atlanta News First highlights that film director Sturdivant represents just a fraction of those scrutinized for cash by undercover officers at the airport. The investigative piece also points a finger at Clayton County narcotics officers. The news team found “several similar cases where officers with the DEA task force or Clayton County Police searched innocent people or seized money without making any arrests.”
In 2023, carrying significant cash amounts is increasingly viewed with suspicion, even if earned rightfully with proven receipts. Constitutionalists and lawyers insist that law enforcement’s propensity to outright confiscate these life savings, without just cause, is a disturbing trend.
What do you think about the report about the Atlanta airport searches? Share your thoughts and opinions about this subject in the comments section below.
Google Trends Data Reflects Rising Interest in BRICS Bloc and De-Dollarization Searches
Set to take place in less than two months, the upcoming BRICS Summit in Johannesburg, scheduled for August 22 to 24, has captured global attention. Anticipation is mounting as ministers from the BRICS countries convene to explore potential avenues for expanding the bloc’s membership and introducing a unified currency. Recent data from Google Trends reveals a surge of interest in the BRICS, with search terms such as “BRICS,” “de-dollarization,” and “BRICS currency” reaching their peak scores last week, signifying widespread curiosity on a global scale.
Google Trends Data Exposes Heightened Curiosity in BRICS Subjects
In the past four weeks, the spotlight has been shining brightly on the BRICS bloc, a dynamic alliance of nations comprising Brazil, Russia, India, China, and South Africa. 2023 has witnessed an incredible surge in news coverage and content centered around these influential nations.
Over the last 30 days, the world’s interest in the BRICS bloc has witnessed a spike. According to Google Trends (GT), the search term “BRICS” skyrocketed to a perfect score of 100 out of 100 on July 3, 2023. The day before, the search term “BRICS” garnered a score of 72 out of 100.
Among the countries showing the greatest interest in the search term “BRICS” are Burundi, Botswana, Nicaragua, South Africa, and Bangladesh, according to GT data. Notably, associated topics linked to the “BRICS” search term encompass “gold,” “de-dollarization,” “Bangladesh,” “Vladimir Putin,” and “France.”
Furthermore, global interest in the search term “de-dollarization” has experienced a dramatic increase over the past 30 days, culminating in a perfect score of 100 on GT on June 24, 2023. Throughout the past month, “de-dollarization” has witnessed several spikes, achieving scores of approximately 94, 97, and 99, further underscoring its significance.
Singapore and the United States emerged as the leading regions in search of the term “de-dollarization,” reflecting a global fascination with this subject. Likewise, the search term “BRICS currency” has been steadily gaining traction over the past month. According to GT data, on July 2, 2023, this query reached a score of 38.
However, just two days later, on July 4, the “BRICS currency” query skyrocketed to a perfect score of 100. Currently, Malawi, South Africa, Sri Lanka, Kenya, and Croatia stand out as the regions displaying the highest interest in this search term. Related topics include the “economy,” “currency union,” “Americans,” “Arabia,” and “Zimbabwe.”
Notably, GT data also reveals a common question asked: “When will a BRICS currency be released?” Captivating the world’s attention this week is South African president Cyril Ramaphosa’s announcement that the upcoming BRICS Summit will be conducted in-person, with the possibility of Russian leader Vladimir Putin’s attendance.
While Ramaphosa remained tight-lipped about Putin’s participation in the Johannesburg Summit, curiosity looms as people eagerly anticipate the outcomes of this year’s event. The discussions revolving around expanding the bloc’s membership and establishing a common BRICS reserve currency have fueled speculation and intrigue.
Regardless of personal sentiments towards these subjects, global citizens have unequivocally demonstrated an insatiable interest in the BRICS bloc and its endeavors, as clearly indicated by the Google Trends data.
What are your thoughts on the surging global interest in the BRICS bloc? Share your thoughts and opinions about this subject in the comments section below.
Google Trends Shows Surge in How to Buy Gold and Bitcoin Searches Amidst US Banking Upheaval
In the midst of the banking upheaval in the United States, Google Trends has revealed a notable surge in searches related to the acquisition of gold, with the search query reaching a perfect score of 100 during the first week of April 2023. Similarly, the search term “how to buy bitcoin” reached the same score two weeks earlier, on March 20, 2023.
90-Day Stats From Google Trends Highlight Interest in How to Buy Gold and Bitcoin
Over the past six months, the value of gold has soared by an impressive 20%, with a single troy ounce of .999 fine gold currently changing hands for ,998 per unit. As for bitcoin (BTC), it is presently trading at just under K per unit, having risen by 8.9% in the last 24 hours as of April 26, 2023. Both gold and bitcoin have experienced an upsurge in value following the banking crisis of mid-March, which witnessed the collapse of three major U.S. banks. Market observers are now keeping a close watch on the First Republic Bank fiasco, as it lost over 50% of its value during Tuesday’s trading sessions.
According to Google Trends data, the search query “how to buy gold” has been trending worldwide in the last 90 days. On March 20, 2023, the search term reached a score of 90 out of 100, followed by a peak score of 100 on April 6. As of now, the score for “how to buy gold” is hovering at 62, according to Google Trends data. The search term has generated significant interest in regions such as Singapore, Australia, St. Helena, the United Arab Emirates (UAE), and Canada.
Worldwide data from 2004 to the present day indicates that the “how to buy gold” search term has an 85 out of 100 score, with its last peak score of 100 recorded in August 2011. In addition to gold, Google Trends data shows that interest in the search term “how to buy bitcoin” has also risen, reaching a high score of 100 on March 20, 2023, based on 90-day statistics. Bitcoin.com News reported last week that in mid-March and into April, the search query “bitcoin” was also on the rise.
Furthermore, the failure of three major U.S. banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, in mid-March triggered a spike in searches for terms such as “banking crisis” and “bank runs,” as reported by Bitcoin.com News on March 19, 2023. The very next day, “how to buy bitcoin” achieved a score of 100, having come close on February 5, 2023, when it reached a score of 96 out of 100. Current interest in the term “how to buy bitcoin,” according to 90-day Google Trends statistics, stems from regions like Nigeria, Guam, Cameroon, St. Helena, and Mauritius.
What are your thoughts on the increasing interest in buying gold and bitcoin? Share your opinions about this subject in the comments section below.
Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends score of 100. The related topics pertain to the financial troubles of Silicon Valley Bank, Signature Bank, and First Republic Bank.
Google Trends Shows Global Interest in U.S. Banking Crisis Spiked Last Week
Google Trends data reveals a significant increase in public interest in the U.S. banking crisis, with searches skyrocketing. A search using the term “banking crisis” shows that people are asking Google various related questions, including “What happens to my money if banks collapse?,” “What are the negative effects of a banking crisis?,” and “Which U.S. banks have collapsed?”
The surge in public interest is attributed to the collapse of three banks: Silvergate Bank, Signature Bank, and Silicon Valley Bank. Two out of the three banks are among the second and third largest bank failures in U.S. history, after Washington Mutual (Wamu) collapsed in 2008. People have also expressed concerns about other banks, including Pacwest Bancorp, First Republic Bank, and the Swiss banking giant Credit Suisse.
According to Google Trends, worldwide interest in the topic of “bank failure” reached a score of 100 on March 13. The increase began on March 9, 2023, and currently stands at 34 as of this writing. On March 13, search terms such as “banking crisis,” “bank collapse,” and “U.S. banks” all saw a significant increase in the number of searches. While a significant portion of the interest comes from the United States, there is also strong interest from countries such as Zimbabwe, Canada, China, Egypt, New Zealand, and Singapore.
Google Trends has also recorded other breakout searches, such as “banking crisis 2023,” “silicon valley banking crisis,” and “banking crisis in US.” In the past 14 days, search queries for banks of various sizes have increased, including banking giants, medium-sized financial institutions, and smaller banks. The last time searches for these terms peaked was during the Great Recession in 2008, specifically in the months of June, July, August, September, and October.
Banking-related terms, such as “deposits,” “insured deposits,” “uninsured deposits,” “bank run,” “FDIC,” “bailout,” “bailouts,” “Federal Reserve,” “Fed,” “interest rates,” “interest rate hikes,” and “rate hikes,” have also been trending upward over the last two weeks.
What do you think about Google searches and queries about the U.S. bank crisis increasing over the last month? Share your thoughts about this subject in the comments section below.
Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products
According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along with South Africa and Ghana, the West African nation also dominates searches for the term “trade crypto.” Regulators and consumer protection agencies must “provide greater safeguards against predatory practices,” according to a spokesperson for Leverage Trading.
Leveraged Trading and the Risks
Nigeria had the second-highest score (94) globally for searches related to crypto leverage in the past five years, the latest analysis of Google searches conducted by Leverage Trading has shown. According to the analysis, Singapore (100) is the only country that outscored the West African nation when it came to searches “with an emphasis on transactional searches such as ‘how to leverage trade crypto.’”
On the other hand, the analysis shows that Nigeria, along with South Africa and Ghana, dominate Google searches for the term “trade crypto.” When compared with similar searches by U.S. residents, Leverage Trading found that Nigerian searches were four times higher.
According to Investopedia, leveraged trading is the “use of borrowed funds to increase one’s trading position beyond what would be available from their cash balance alone.” While this form of trading can potentially amplify a trader’s profits, it can similarly amplify losses, hence it is not recommended for the inexperienced.
Regulators Told to ‘Provide Greater Safeguards’
However, despite this, African traders are seemingly unperturbed by risks that are associated with leveraged trading. Commenting on the findings which show that Africa has a disproportionately large share of the total global searches for leveraged investment products, a spokesperson for Leverage Trading said:
As technology continues to advance, it is becoming increasingly easier for individuals in emerging markets to access high-risk financial products like leverage trading. While these products can offer the promise of wealth creation, the reality is that they can also lead to devastating losses that perpetuate the cycle of poverty. The risks associated with high leverage and potential losses cannot be overstated, and it is crucial that individuals fully understand these risks before engaging in leverage trading.
The unnamed spokesperson added as financial firms increasingly target individuals in poorer countries, regulators and consumer protection agencies must “provide greater safeguards against predatory practices.”
Meanwhile, from the analysis of searches for different forms of leveraged trading, Leverage Trading found that while Africa is dominant in many leverage trading-related searches, the continent lags behind when it comes to searches for the term “stock leverage.” According to the analysis, this category is dominated by Singapore, Hong Kong, and the United Arab Emirates.
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What are your thoughts on this story? Let us know what you think in the comments section below.
Solana Shines In Trending Searches In Last 7 Days – But SOL Price A Different Story
Solana is not lacking in positive news for its investors and crypto holders as it tries to bounce back from its lackluster performance last month.
- Solana is currently experiencing supply inflation
- SOL came 2nd next to AXL in 7-day trending searches
- The crypto is down by 6.3% over the last 30 days
It was announced recently that the Tulip Protocol with WalletConnect was successfully integrated to the Solana network.
Tulip Protocol is a decentralized application (dApp) that is said to be an efficient yield aggregator that takes advantage of the low cost and highly efficient Solana blockchain enabling stakers to have higher APYs even without active management.
Meanwhile, on October 8, Solana surpassed all cryptocurrencies in terms of trending searches for a seven-day period, ranking second behind AXL.
Topping the list of recent developments for the SOL network is the development of Firedancer – a validator client that’s supposed to prevent any future outage.
Solana Unable To Capitalize
Even with all of these positive events that revolve around Solana, the crypto still continues to struggle in getting out of its slump.
The 9th largest cryptocurrency by market capitalization is currently changing hands at .52 and is down by 6.3% over the past month according to tracking from Coingecko.
The asset is experiencing severe price drop, falling by 79.3% on a year-to-date timeframe. Also, for the past year, Solana has been outperformed by 70% of the top 100 crypto assets.
The last 30 days haven’t been friendly for the crypto either, as it only managed to stay “in green” for 12 days. It is currently down by 87% from its all-time high of 9.52 attained on November 6, 2021 and is on the verge of supply inflation.
Although SOL beat most of its fellow digital assets in trending searches, it is in a bearish position and continues to struggle along with most of the crypto space.
Metrics Sending Bearish Signal
If only its trending position could rescue Solana, the asset won’t be in this precarious position that is moving towards another significant decline.
Its daily chart was full of bad news as its Chaikin Money Flow (CMF) showed a dip below the crucial neutral position – an indication of a bearish momentum.
Source: TradingView
Taking into consideration all the activity of Solana’s charts, it was concluded by analysts that the asset could be looking at a resistance marker of .14.
That could mean that in the next coming days, even if the crypto improves in terms of trading price, it won’t hit above .14.
That’s assuming SOL will make an upward movement which won’t happen anytime soon as the asset is predicted to decline in the next five days and settle with trading price of .22.
The coming month of November is also not looking good for Solana as it is forecasted to change hands at .39.
SOLUSD trading pair at .68 | Featured image from Crypto News, Chart: TradingView.com
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