Yahoo Finance has integrated deals with Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) on its platform. Although the statistics are available on platforms for other encoded currencies such as Bitcoin Cash (BCH), Ethereum Classic (ETC) or EOS, but they do not currently have the option to buy or sell.
Some people in the pre-coding community say that this is an important step forward in enhancing the adoption of coding. Founder of Morgan Creek Digital, Anthony Pompliano tweeted: Now you can buy Bitcoin, Ethereum and Litecoin on Yahoo Finance).
BTC continues to trade near $ 7,000, according to Cointelegraph's Bitcoin price index after it broke the $ 7,000 threshold on Aug. 28. At the time of writing, the top codec was trading at around $ 7,043. ETH is trading around $ 290 at the time of writing, down 1.36% in the past 24 hours, not significant in the day. Yesterday, August 29, ETH witnessed the first strong price increase after a week fluctuating between $ 270-280.
LTC is trading around $ 62, down 1.74% on the day. The total market capitalization of this altcoin is nearly $ 3.6 billion, while its trading volume in the past 24 hours totaled about $ 222 million.
In March, Yahoo's Japan-based Internet giant said it would open an encrypted trading platform "in April 2016 or later." Yahoo Japan will buy a 40% stake in BitARG in April and immediately dispatch executives to lay the groundwork for next year's launch.
This is a great news and this will be a very good initiative from yahoo. People need to accept the importance of bitcoin and bitcoin exchanges as it is the new generation is all about.