Big news is coming from Yahoo Finance which is one of the most popular financial portals out there. As of today, the giant has officially integrated trading with Bitcoin (BTC), Ethereum (ETH) as well as Litecoin (LCH) on its platform.
Even though statistics have been available for other digital currencies such as Bitcoin Cash, Ethereum Classic or EOS, they don’t have buy/sell options on the platform. However, the development has led many people in the crypto community to say that this is an important step forward for the crypto adoption.
The crypto enthusiast and founder of Morgan Creek Digital, Anthony Pompliano, recently tweeted:
You can now buy Bitcoin, Ethereum, and Litecoin on Yahoo Finance.
THE VIRUS IS SPREADING 🚀
— Pomp 🌪 (@APompliano) August 29, 2018
In March 2018, the Japanese arm of Yahoo Finance also announced that it will open a cryptocurrency exchange and scheduled it for “April 2019 or later.” Yahoo Japan was also going to buy 40% of the BitARG Exchange Tokyo in April, laying the foundations for the exchange to launch a year later.
Meanwhile, Bitcoin has dropped and fell below the $7,000 margin, failing to break through the threshold today. Currently, analysts are predicting a $6,500 support level.
Ethereum, on the other hand, is trading around $276 right now and is down a couple of percents over the past 24 hours. This made the altcoin sink after recording its first major upswing in price performance.
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