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Google's latest update aims to allow advertisers to promote financial products that allow them to trade shares in trusts that accumulate large amounts of digital currency. The tech giant noted that starting Jan. 29, advertisers will be able to promote "financial products that allow investors to trade shares in trusts that accumulate large amounts of digital currency." Google added that more clarification on the updated policy scope and requirements will be made in January 2024.
When the new changes go into effect, they will further expand the scope of cryptocurrency-related products that advertisers can promote on Google's vast network. Google banned crypto-related ads in 2018, but has since gradually softened its stance.
Currently, the platform allows users to promote certain products that are not directly related to buying, exchanging, or holding crypto. In addition, advertisers can also promote NFT games that enhance the user experience or lock new levels using blockchain-based assets.
Is Bitcoin ETF Coming Soon?
Google's latest ad policy update and timing could further indicate that the U.S. Securities and Exchange Commission (SEC) is in the process of approving spot Bitcoin ETFs. Specifically, the update includes the phrase "Advertisers offering Cryptocurrency Trusts targeting the United States." In investing, investment trusts and ETFs are often used sequentially to refer to products that provide exposure to an underlying asset or index.
At the moment, nothing has been approved at this stage, but Google's latest developments come at a time when the SEC is entering advanced talks with issuers who have applied to launch Bitcoin ETFs. According to the indications, the approval could come in January, which coincides with the month that Google updated its ad policies.
Meanwhile, Bitcoin (BTC) has taken a break after an uptrend. The leading cryptocurrency fell as low as $40,400 in the early hours of Monday but has since risen above $42,200.
#ContentStar# #GateLive# Solana Bulls are getting stronger
Solana has been heading in the right direction with the bull run in the crypto market for quite some time now.
$SOL Bulls
In September, Solana co-founder Anatoly Yakovenko floated the idea of coexistence for Solana's main native token, $SOL, shedding the Ethereum Killer nickname; this helped $SOL in gaining market. Currently, SOL is ranked 6th in the crypto ranking, and its trading and staking have also increased.
$BONK Bulls
Solana's Doge-based memecoin, $BONK, has been very much liked in the crypto market. $BONK, hodlers' investments is multiplied. Currently, #BONK is ranked 56th in the market, and is challenging the crypto world's dominant memecoins, Shiba Inu and Dogecoin.
#sol SAGA market increased
Solana's Web3 Mobile SAGA has also benefited from the strength in the crypto market; it is selling like hot cakes. SAGA Mobile provides the user with airdrops, a self-custody solution for crypto through biometrics and encryption while providing smartphone features. $STX adds over 6% following Record Block Transactions
$STX, the native token of the Stacks network, which aims to enable DeFi, NFTs, apps, & smart contracts for Bitcoin, is up over 6% in the past 24hours, & now trades around $1.1063, with inflow of $26.85M, as per Gate.io chart.
This comes after the Bitcoin layer for smart contracts Stacks recently recorded a massive increase in the number of transactions. Data from Stacks explorer revealed that Stacks block 132,377 contained 10,371 transactions, as the blockchain recorded 8000 transactions, the highest ever transaction count in a block in Stacks history. $WIFI boosts more than 13% after Expanding eSIM coverage to 7 New Countries
$WIFI, the utility token intended to provide digital access to the WiFi Map platform by means of a blockchain-based infrastructure, is up over 13% in the past 24hours, & now trades around $0.09454, with inflow of $421.18k, as per Gate.io chart.
This follows the excitement in the community after announcing that Wifi Map has recently expanded its eSIM coverage in new countries, including Brazil, Azerbaijan, Morocco, Faroe Islands, Peru, Sri Lanka, & Kazakhstan, with a huge 56% growth in eSIM purchases with the $WIFI token. The expansion grows the coverage & boosts more $WIFI token utilization. 
