On August 30th, Yahoo, which holds the 6th place among the most-visited website on the Alexa ranking list, announces its plan to launch Bitcoin, Ethereum and Litecoin trading service on the website. Users of the website are allowed to launch direct cryptocurrency transactions by clicking the bottom without leaving the page.
As one of the most reliable finance-related news outlet, Yahoo Fiance used to serve as a medium to post cryptocurrency-related pricing information, news coverage. Now, with the equipment of cryptocurrency trading service, it could serve its users better and the move also contributes to the mass adoption of cryptocurrency.
Then of course, as Deloitte’s 2018 blockchain wrote “The problem……is that for all that talk about blockchain’s promise, there are very few active use cases they can currently employ to advance their belief.”, then Bitcoin and other cryptocurrencies of this sort must, on the one hand, to bridge connection with the powerful institutions and spare no effort to put forward mass adoption and application in everyday life, instead of being a speculative product.
As for the performance in the cryptocurrency market, most of the cryptocurrencies show sign of slight increases.
The bitcoin priceincreases a little based on yesterday’s $6800, so does BCH, the BCH pricerises to higher than $550.