Yahoo Finance Integrates Bitcoin, Ethereum and Litecoin Trading

Published at: Aug. 29, 2018

Yahoo Finance has integrated trading with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform.

While statistics are available on the platform for other digital currencies like Bitcoin Cash (BCH), Ethereum Classic (ETC) or EOS, they currently do not have buy and sell options.

The development has led some in the crypto community to say that it is an important step forward for crypto adoption. Crypto enthusiast and founder of Morgan Creek Digital, Anthony Pompliano tweeted:

You can now buy Bitcoin, Ethereum, and Litecoin on Yahoo Finance.THE VIRUS IS SPREADING 🚀

— Pomp 🌪 (@APompliano) August 29, 2018

BTC continues to trade near the $7,000 price point, according to Cointelegraph’s Bitcoin price index, after it broke through the $7,000 threshold on August 28. At press time, the leading cryptocurrency is trading around $7,043.

ETH is trading around $290 at press time, down 1.36 percent over the last 24 hours, seeing negligible price change on the day. Yesterday, August 28, ETH saw the first major upswing in price performance after a faltering week range bound between $270-280.

LTC is currently trading around $62, down 1.74 percent on the day, according to CoinMarketCap. The total market capitalization of the altcoin is nearly $3.6 billion, while its trading volume over the past 24 hours totalled around $222 million.

In March, the Japanese arm of internet giant Yahoo said it will open a cryptocurrency exchange “in April 2019 or later.”  Yahoo Japan was going to buy 40 percent of BitARG Exchange Tokyo in April, and immediately dispatch executives to lay the foundations for the exchange to launch a year later.

Tags
Adoption
Bitcoin
Trading
Ethereum
Cryptocurrencies
Litecoin
Related Posts
PayPal to start letting US customers pay in Bitcoin at global merchants
Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement. News broke regarding PayPal’s rumored decision to accept cryptocurrencies early on March 30. Later in the day, the firm’s CEO, Dan Schulman, confirmed to Reuters that the rumors were true and that an official statement would be released imminently. The new system is expected to feature a crypto checkout service where users can pay for goods and services at approved vendors using their stored coins. The system …
Adoption / March 30, 2021
Bank Frick Launches BTC-ETH Tracker Along With Partner Bitcoin Suisse
Liechtenstein-based Bank Frick has issued an active Bitcoin (BTC) and Ethereum (ETH)-based tracker along with digital finance firm Bitcoin Suisse, the firm announced on April 9. Starting today, Bank Frick will offer institutional and qualified investors access to its BTC-ETH tracker, the certificates of which will take the form of both a classic security and a token, according to Bank Frick’s press release. Within the new initiative, Bank Frick acts as issuer and will be responsible for issuing crypto certificates, which target qualified investors exclusively. In turn, Bitcoin Suisse acts as crypto broker and is responsible for the execution of …
Adoption / April 9, 2019
Largest Swiss Online Retailer Digitec Galaxus Now Accepts Cryptocurrencies
Leading Swiss online retailer Digitec Galaxus has announced that it will now accept cryptocurrencies, according to a press release published on March 19. Per the announcement, the shop is now accepting Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Ethereum (ETH), Ripple (XRP), Binance Coin (BNB), Litecoin (LTC), Tron (TRX), NEO (NEO) and OmiseGO (OMG) for purchases worth over CHF 200 (about $200). The release further claims that the shop hosts around 2.7 million products, ranging from wheat beer to gaming PCs. The new payment method was reportedly jointly developed as part of a pilot project with Swiss payment processor …
Adoption / March 19, 2019
Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi
Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), Dash, EOS, and ZCash. The Huobi 10 Index, designed by the Huobi Group, is calculated using asset classification and a weighted average method to track the performance of the top 10 traded digital assets on Huobi’s exchange. The press release notes that Bloomberg Terminal’s addition …
Adoption / June 21, 2018
Industry experts weigh in on SEC hiring more crypto cops
The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold. The SEC's Cyber Unit, which comprises the Crypto Assets and Cyber team, is expected to hire 20 new people to increase the overall force to 50 dedicated positions, as reported by Cointelegraph on May 3. This development comes as the regulatory body attempts to keep up with the rise in the popularity of virtual assets. The SEC's decision to expand its cryptocurrency unit has been praised by …
Adoption / May 11, 2022