Google’s latest move could significantly accelerate Bitcoin adoption.
Kyle Song, a Web3 specialist at the company, recently revealed that Google is working on an initiative to integrate Bitcoin into its ecosystem, making it more accessible for users.
The project, reportedly in development for a year, aims to lower barriers for Web2 users by embedding Bitcoin wallets into Google accounts, simplifying crypto payments to resemble traditional Web2 transactions.
This development has fueled optimism among analysts, who believe it could be a game-changer for mainstream adoption. With Google’s vast user base, seamless crypto integration could remove entry barriers like never before.
Despite bearish pressure pushing Bitcoin below $94,000, the crypto community remains confident in its long-term potential. Analysts continue to forecast a major rally, with some setting targets as high as $150,000.
Franklin Templeton has introduced a new cryptocurrency ETF that provides investors with exposure to both Bitcoin and Ethereum.
Japanese investment firm Metaplanet has expanded its Bitcoin holdings to 2,100 BTC, now controlling 0.01% of the total supply.
Bitcoin’s price trajectory suggests that a bear market is unlikely this year, according to Ki Young Ju, CEO of CryptoQuant.
Bitcoin has bounced back after dipping to $93,000, but analysts caution that further downside could see prices drop to $86,000.