Bitcoin tops Donald Trump, guns in America: Google Trends
Amid the growing discussions around Donald Trump, guns and other topics tied to politics and entertainment, Bitcoin (BTC) continues to maintain its position as the most Googled term in the United States.
A search volume comparison based on Ahrefs data revealed that Americans care more about Bitcoin, with Nevada taking the spot as the “most Bitcoin-crazy state” in the US. Despite former US President Donald Trump making headlines consistently for indictment charges, the term stands in second position in terms of being the most-searched term in America.
As shown above, other popular terms following Bitcoin and Donald Trump include breaking news, Elvis Presley and Disney World respectively. Predominantly popular terms such as guns, Chuck Norris, health insurance and politics did not even make it to the top 10 in the list.
However, in the last 30 days, Google searches for Donald Trump exceeded Bitcoin for just two days — on April 4 and 5 — when reports of a possible arrest emerged, shows Google Trends data.
A state-wise comparison revealed Nevada as the states with most number of ‘Bitcoin’ searches, followed by Miami, California and Washington respectively.
The primary reason for this finding is attributed to lower taxes and local government initiatives to promote innovation, according to Trading Browser. “Nevada’s long-standing gambling respiration might be a contributing factor to the success and high interest in Bitcoin,” the study added.
Related: Binance.US unable to find bank partners in the United States: Report
A new report from US Treasury concluded that North Korea and criminals are making use of DeFi services for bagging illicit profits.
The @USTreasury just released a risk assessment on #DeFi illicit finance risk. A risk assessment is a study that is often the first step to regulation. Any regulation on #crypto must be compatible with the technology. https://t.co/iag84fJ67G
— Perianne (@PerianneDC) April 6, 2023
As Cointelegraph reported, Treasury believes that “most money laundering, terrorist financing, and proliferation financing” occurred using fiat currency or was otherwise outside the digital asset ecosystem.
Magazine: DeFi abandons Ponzi farms for ‘real yield’
Source: Cointelegraph.com
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