Top 5 Countries Frantically Googling 'Bitcoin Halving' Right Now

Published at: May 5, 2020

The Bitcoin (BTC) block subsidy halving is all anyone can talk about this week — but according to Google, it’s Europe that is most obsessed.

Data from Google Trends shows that when it comes to searching “bitcoin halving,” western and central Europe is leading the way.

BTC halving: 7 days to go...

As Cointelegraph reported, search interest can often translate into adoption through channels such as major exchanges. Purchasing volumes have increased conspicuously since mid-March.

As of press time on May 5, these five countries generated the most requests regarding the largest cryptocurrency’s most important coming of age.

5. Austria

Already well known as a Bitcoin-curious nation, Austria is currently the fifth most active search source.

Despite being an EU member state, Austria has shown a rare acceptance of Bitcoin which few others have copied. 

Vienna has long been home to dedicated Bitcoin entities, including a so-called “Bitcoin bank” which opened in 2017, along with information hub House of Nakamoto. 

4. Estonia

The small Baltic nation has already made a name for itself as a digitally forward-thinking niche of the EU. 

Its e-residency scheme has hit the headlines for years, but the government’s inclusive policy has yet to expand to a noticeably permissive stance on Bitcoin. 

A cryptocurrency exchange licensing scheme is now in operation but has seen complaints from those who feel the process is overly difficult. 

Nonetheless, residents are clearly aware of events occurring in the cryptocurrency space, generating the fourth-highest halving requests this week. 

3. Slovenia

Quietly Googling the halving is Italy’s discreet Eastern neighbor, the original home of exchange Bitstamp and even a Bitcoin monument.

In January last year, meanwhile, it was reported that hundreds of shops were now accepting BTC payments thanks to a new app rollout.

2. The Netherlands

A strange mixture of oppressive regulations and a huge interest in cryptocurrency, the Netherlands is the second biggest halving Googler.

Home to many a crypto startup, the Dutch government has nonetheless signaled that it has little tolerance for Bitcoin usage which is not strictly monitored.

The famous Bitcoin City project in Arnhem aside, authorities shut down coin mixing service Bestmixer in 2019, while prosecutions elsewhere continue

1. Switzerland

Perhaps a likely leader, Switzerland now Googles the halving more than any other country in the world. 

The Swiss are well known for their permissive regulatory stance on Bitcoin, having produced mainstream finance products focused on the cryptocurrency for several years. 

The nation is also home to the Crypto Valley startup mecca in the city of Zug, among the members of which is Bitcoin Suisse, which famously took out a conspicuous advertising campaign in Zurich Airport.

Tags
Related Posts
Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250K–$350K in 2021
Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests. First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin’s spectacular bull runs every time after halvings, which is when the miner block reward gets cut in half. Analysts perceive the halving as a bullish event, which reduced the supply of newly mined BTC. Harington reminded that Bitcoin’s prices surged by more than 600% after the first two halving events in 2012 and 2016 when measured from a so-called resistance/support (R/S) line, …
Bitcoin / Sept. 19, 2021
Bitcoin Rally Above $9K Stalls as Sellers Push BTC Back to Key Support
Bitcoin (BTC) price briefly broke above $9,000 as bulls appear to be in the process of trying to quietly move the price above the resistance level. Since Friday trading volume for the top-ranked cryptocurrency on CoinMarketCap had been virtually non-existent as the price traded sideways between $8,750-$8,850 for the majority of the day but the weekend is bound to bring about a stronger directional move. Crypto market daily price chart. Source: Coin360 Will the TD9 ring true again? As reported by Cointelegraph, the presence of a TD9 on the daily time frame, overbought technical indicators, and decreasing trading volume suggested …
Bitcoin / May 2, 2020
Why Bitcoin Price Can Hit $9K With Less Than 17 Days Before Halving
The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750. But Bitcoin is not the only cryptocurrency that has been showing strength as altcoins are also following suit with Cardano (ADA) jumping by 22% and Ethereum (ETH) by 16%. So what can be expected from the markets with just over two weeks before the halving for Bitcoin? Crypto market daily performance. Source: Coin360 Bitcoin breaks crucial $7.2K resistance but faces $7.8K next The price of Bitcoin was stagnating between …
Bitcoin / April 25, 2020
Bitcoin Hitting $8K Thanks to the Halving? BTC Options Aren’t so Bullish
With the Bitcoin (BTC) halving less than 20 days away, some analysts predict that an inflow of capital will accompany the run-up to the event then reduced selling pressure at below-production prices thereafter will catalyze a bullish trend for BTC price. However, Bitcoin options data tells a different story. Let’s take a closer look. Options open interest on the rise According to Skew, open interest in BTC options contracts has been increasing since the beginning of April with Deribit holding the majority of the market share. The total BTC options open interest is currently $623 million. Open interest has been …
Bitcoin / April 22, 2020
Bitcoin bull market '2nd leg has started,' says BTC price model creator
Bitcoin (BTC) marking a new high of $67,000 last week has opened the possibility to hit $100,000 by the end of this year. According to PlanB, the creator of the popular stock-to-flow (S2F) model, called Bitcoin's price retracement from the $60,000-level the "2nd leg" of what appeared like a long-term bull market. #bitcoin bull market, 2nd leg has started pic.twitter.com/N9H2QF7SDe — PlanB (@100trillionUSD) October 26, 2021 In doing so, the pseudonymous analyst cited S2F that anticipates Bitcoin to continue its leg higher and reach $100,000-135,000 by the end of this year. The price projection model insists that Bitcoin's value would …
Bitcoin / Oct. 26, 2021