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Google Trends Bitcoin Interest Hits 6-Month High

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Google trends bitcoin interest hits 6-month high

Google Trends bitcoin Interest Hits 6-Month High
Google trends bitcoin interest hits 6-month high

Google trends bitcoin interest hit its highest since April this week as BTC price has taken a beating in the past week.

Google Trends ‘bitcoin’ Interest Hits April Bull-Run Levels

You know what they say: any publicity is good publicity.

The latest data from Google Trends confirms the uptick in curiosity about bitcoin after BTC/USD 00 dropped 30 percent under circumstances commentators have yet to fully understand.

The proportion of searches for ‘Bitcoin’ is higher now than during any weekly period since April 8, at which time its price began a major surge from $7000 to closer to $10,000.

Google trends bitcoin interest hits 6-month high

Interest in some related terms, such as ‘is Bitcoin dead’ and ‘HODL,’ was much more apparent, reaching its highest since February this year, when the price was trending down from all-time highs around $20,000.

While mainstream media publications often pick up on price decreases as an indicator of the ‘risk’ involved in bitcoin investment, the impact of price movements on broader public awareness contributes to the opinion held by many commentators that ‘any publicity is good publicity.’

Searching For A Trigger

As BTC price has historically correlated with search interest, a reversal of the current bull market is high on the agenda for traders.

That reversal had been tipped to occur in December with the launch of the first “regulated ecosystem” for cryptocurrency, Bakkt. When executives announced they would delay the launch from December 12 to January 24, prices had already begun to tumble and forecasts of a reversal get pushed back.

New york stock exchange owner to launch bitcoin data service

At press time, support for BTC/USD 00 had held at $4000, while few professional traders were eyeing a true flip to bullish territory in the mid-term.

Even for the most optimistic regular voices such as Galaxy Digital founder Mike Novogratz and Fundstrat Global Advisors’ Tom Lee, a return to form for bitcoin depends on institutional investors getting a taste for available products; without Bakkt or its slated competitors, the status quo remains.

What do you think about Google Trends bitcoin interest? Let us know in the comments below!

Images courtesy of Shutterstock

The post Google Trends Bitcoin Interest Hits 6-Month High appeared first on Bitcoinist.com.

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Humaniq Project collected $1,300,000 in the first hour of ICO

Luxembourg City, Luxembourg – April 6 – Humaniq launched their ICO on the 6th of April at 00:01 CET. After several publications and respected analysts reviewed the fundamentals of the project, Humaniq experienced a groundswell of support and the team was contacted by Brett King and Chris Skinner who expressed their enthusiasm.

[Note: this is a press release.]

Based on the results of the first hour of the ICO, Humaniq has already reached the first goal in the crowdsale dashboard, with the total amount collected exceeding $ 1,300,000. Humaniq can add one more achievement to its honor board, see for yourself:

April 2016 – the inception of the Humaniq idea by Alex Fork

November 2016 – the original project team was formed

December 2016 – the official launch of the project and announcement of pre-ICO

December 2016 – In two weeks Humaniq collected $ 115,000

February 2017 – Alex Fork conducted the first performance tests of the project in unbanked regions of India

March 2017 – Alpha version of the app is available for testing on IOS and Android

April 2017 – Humaniq collects $1.3 million in the first hour of their ICO

More about ICO

● ICO began at 00:00 CET on 6 April, 2017, and for the first 48 hours there will be a bonus of 49.9% for early investors

● From 8-14 April the bonus will be 25%, and finally 12.5% from 15-21 April.

● The ICO ends at 23:59 CET on April 26th.

Join ICO – https://my.humaniq.co

Why Humaniq is a Unique Project?

Humaniq is an iOS and Android-based banking 4.0 app that uses biometric ID to set up new accounts and verify transactions, and will target the two billion people globally who do not have access to formal banking services.

Humaniq solves the issue of people from emerging economies not being connected to the power of the global economy. The app will allow users to sign up without providing formal documentation or needing to visit a bank branch by using cutting-edge biometric technology on a smartphone. Users will be able to earn money by performing services for other users, and then convert this money into cryptocurrencies like bitcoin or ether, or utilize mobile cashiers to exchange Humaniq tokens (HMQ) for local currency. The suite of planned services also includes P2P loans, small business loans, insurance, pension and investment accounts, and document security.

To encourage adoption of the network, users will be educated by regional ambassadors in the value the app can bring to their lives. New users will be able to buy cheap android phones for as little as $10 and then earn the money back within one or two weeks of performing tasks for outsourcing firms through the Humaniq app.

Humaniq Leadership Team

Alex Fork, who is the head of futurefintech.org, and blockchain.community board member.

Dinis Guarda – Vice President and Chief Strategy Officer, Board of Directors, UK at Humaniq

Richard Kastelein, Interim CMO – Director at Blockchain Partners and CryptoAlchemy, Publisher of Blockchain News and founder of ICO event CryptoFinancing Conference.

Alakanani Itireleng, director of the Satoshicentre in Botswana, head of Humaniq’s regional ambassador program, and one of the leading voices for bitcoin in Africa.

About Humaniq

Humaniq’s main goal is to create an Ethereum Blockchain based financial services app that will bring mobile banking to an audience of two billion people who currently don’t have access to non-exploitive financial services. In addition to providing financial services, the app will also act as the infrastructure backbone for 3rd party services to plug into, such as insurance providers, p2p lenders, and data security firms.

The post Humaniq Project collected $1,300,000 in the first hour of ICO appeared first on Bitcoinist.com.

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