Brave Browser And Basic Attention Token On Silicon Valley’s Shopping List?

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Last Updated on 1 November 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Earlier this week, Kara Swisher and Scott Galloway discussed possible candidates for takeover by Silicon Valley on their Pivot podcast. As Facebook, Apple and Amazon under increased scrutiny, analysts expect the companies to go on shopping sprees soon.

Galloway, a marketing professor of New York university, has been a fan of cryptocurrencies for a while and believes that certain coins could be on Silicon Valley’s shopping list. In his own podcast he took a further look into the technologies developed by crypto companies that could interest Silicon Valley.

Already this weekend, the sizeable move of Decentraland (MANA) in reaction to Facebook’s name change was a sign of things to come.

Another coin that could garner interest would be Basic Attention Token. The Brave Browser, the browser that supports and lets you earn the BAT token, has since last week started experimenting with its own search engine, called Brave search beta. If this succeeds, it could mean a sizeable upgrade for Brave users.

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New York Times approval

Back in March of this year already, The New York Times analyzed different internet browsers and recommended Brave as the best privacy browser.

Writer Brian X. Chen at the time concluded:

My favorite websites loaded flawlessly, and I enjoyed the clean look of ad-free sites, along with the flexibility of opting in to see ads whenever I felt like it.

Thanks to that story, BAT was able to surge to an all time in the spring, and lost it all when Bitcoin reversed its course and took altcoins back down with it.

This time could prove different as investors are searching for the next big thing in crypto and tech.

Yesterday, the India Times’s economic section also discussed the coin’s moves of the past week, stating:

BAT has been gaining significant traction in the crypto community too. The Brave browser, which acts as the backbone for BAT, has seen a mammoth rise in this user base, among both retail users and publishers alike. The program has also incorporated new features, which solve some fundamental issues in the digital browsing space.

Basic Attention Token, the crypto that one gains when browsing via Brave, has gained some 45% in the past week on rising volume. Although the retracement move on Sunday was also substantial, analyst Mark Cullen still expects a bounce in the coming days. Time will tell whether or not he is right.