Alphabet (GOOGL) is confident about the cryptocurrency market’s future…
Amit Zavery, a vice president at Google Cloud, said the division is putting together a team to build services for blockchain developers.
Zavery explained that with cryptos and non-fungible tokens gaining mainstream popularity, the company wants Google Cloud to be the go-to platform for crypto-related technologies.
In a letter to employees, he added that while we’re still in the early stages of Web3 development and adoption – an internet built from blockchain technology – the sector has incredible potential.
Google Cloud believes that these decentralized, peer-to-peer systems will be a part of the next generation of the internet. And it wants to become a major provider of back-end services to solidify its position before the industry grows.
But Google isn’t the only company doubling down on the market. Over the past several years, firms like Mastercard (MA), PayPal (PYPL), and Visa (V) have invested heavily in crypto infrastructure and services to prepare for its inevitable rise into the mainstream.
And with a technology giant like Google now entering the fray, this broader adoption could be coming sooner than many may think.
With the biggest companies in the world investing in the space, it will make it easier to use cryptos and other digital assets just about anywhere around the globe.
As this happens, it will not only further legitimize cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), but also strengthen their values by enabling them to become less speculative and more on par with legal tender – even with present volatility temporarily sending prices lower.
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After losing ground early this year, the crypto markets are heating up fast… recently surging past $2 TRILLION in total market cap.
That’s over $25 billion added over just the past few months… despite rapidly rising inflation and the ongoing conflict in Europe.
Is this the beginning of a massive bull run for cryptocurrencies?
Many crypto enthusiasts are saying “Yes.”
In fact, analysts like Michael Saylor, Raoul Paul and Cathie Wood are predicting that the crypto market could 10x from current levels.
Even more specifically…
Legendary crypto expert Charlie Shrem is touting that May 20th is a date everyone should mark on their calendars and pay close attention to.
You can discover the importance of May 20th by following this link…
In short, a hidden market event could begin pushing specific crypto projects to new all-time highs.
Charlie is so confident, in fact, he’s urging folks to grab shares of a little-known crypto that currently trades for just $0.21 right now.
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If you’ve been following Charlies work over the past few years, you know he has an incredible track record targeting newly listed crypto’s.
He first discovered Bitcoin at $5… Ethereum at $109… and many others.
Point being…
When Charlie pounds the table on a new penny crypto opportunity… it’s probably in your best interest to pay close attention.
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Again, if you’re looking to “cash in” on todays crypto reconver, you should check out his quick presentation NOW… before May 20.