Coinbase Launches Yahoo Finance – Now You Can Check Your Crypto Prices on Yahoo

Coinbase Launches Yahoo Finance - Now You Can Check Your Crypto Prices on Yahoo
Coinbase Launches Yahoo Finance – Now You Can Check Your Crypto Prices on Yahoo

 

Another day, another cryptocurrency-related announcement from Yahoo Finance. This time, the financial services giant has announced that it will begin hosting price quotes for five leading cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple. The integration will be rolled out to users over the coming weeks. According to Yahoo Finance’s official blog post, beginning on February 9th, 2018, and continuing through March all five leading digital assets will have dedicated pages on the Yahoo Finance website accessible directly from the main navigation bar or by typing in their ticker symbol directly into your browser.

 

 

Coinbase Integration

One of the most important takeaways from today’s announcement is that Yahoo Finance will integrate with Coinbase’s trading platform to provide users with real-time price information and trading functionality. This means that users will be able to seamlessly transfer funds between their Coinbase and Yahoo accounts and conduct cryptocurrency trades directly from their Yahoo Finance account. This is significant for some reasons. First, it signals a growing adoption rate for Coinbase, which arguably remains the most widely used platform for buying, selling, and trading cryptocurrencies. Second, it signals a growing adoption rate for cryptocurrencies as a whole – especially given the fact that Yahoo Finance is still one of the most heavily trafficked financial services websites on the internet.

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How Does This Relate to Coinbase?

As stated above, Yahoo Finance will be integrating with Coinbase’s trading platform to provide users with real-time price information and trading functionality. This means that users will be able to seamlessly transfer funds between their Coinbase and Yahoo accounts and conduct cryptocurrency trades directly from their Yahoo Finance account. This will greatly benefit newcomers who are new to the crypto space by providing them with easy access to live price information and trading functionality. For more experienced investors, the integration will provide yet another outlet for viewing price quotes for the leading cryptocurrencies – an added benefit that will undoubtedly be appreciated by many. As for the price information itself, this will be provided via the Yahoo Finance Crypto Picker, which allows users to select from a list of crypto assets and view the latest price information provided by external sources such as Yahoo Finance Crypto or TradingView.

 

What Does This Mean for the Crypto Community?

The integration of leading cryptocurrencies by a major finance and financial services website is a great indicator of the growing popularity and adoption of digital assets as legitimate investment options. We’ve come a long way from the days when cryptocurrencies were viewed by many as a fad or a scam. Now, they’re being featured on some of the most heavily trafficked and reputable financial services websites on the internet. This is a great sign that cryptocurrencies are becoming increasingly mainstreamed and recognized as legitimate investment vehicles. It’s also a great sign that the crypto community is expanding, as more and more people will have access to valuable price information for the leading cryptocurrencies directly from their favorite financial services website.

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Investment Research Firm Morning Important Coin Platform (MCAP) Integration

As if the Coinbase integration wasn’t enough, Yahoo Finance has also announced that it will be integrating with Morning Capital’s trading platform, known as MCAP. MCAP is a leading investment research platform that specializes in the evaluation and recommendation of blockchain-based companies. This means that Yahoo Finance users will now have access to price information for leading cryptocurrencies and blockchain-based companies. In addition to price quotes, MCAP will allow investors to view company profiles, including executive bios, key financial information, and market trends, as well as share rating and recommendation data. This is great news for investors who are currently researching promising blockchain-based companies. Now, they’ll have easy access to valuable information for these companies directly from their favorite financial services website.

 

Coin Market Cap Integration

Of all the integrations announced today, this one is perhaps the most interesting. Yahoo Finance will be integrating with CoinMarketCap, an industry-leading platform that aggregates live price information from thousands of leading exchanges, to provide users with a unique “all-in-one” platform for accessing price quotes and market information for the top 500 cryptocurrencies by market cap. This means that users will be able to view the latest price information and market data for the top 500 cryptocurrencies on one easy-to-navigate platform. This is great news for investors who are currently examining the market and trying to decide which cryptocurrencies to invest in. Now, they’ll have easy access to valuable information for all leading cryptocurrencies. At the same time, this is great news for the crypto community as a whole, as it will help to legitimize the crypto space, further increasing adoption rates.

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Summing it up: Is Yahoo Finance’s New Coin Platform a Good Thing?

As you can see, today’s announcement is great news for all parties involved. Investors get easy access to even more valuable information and direct trading functionality. Now, they’ll have access to price quotes for the leading cryptocurrencies, as well as company profiles for blockchain-based companies and aggregated market data for the top 500 cryptocurrencies. At the same time, this is great news for the crypto community as a whole, as it will help to legitimize the crypto space, further increasing adoption rates. And this is not all – Yahoo Finance’s new coin platform is expected to feature its crypto trading app that allows users to track their portfolio and receive coin alerts. If you are interested in checking out the new platform yourself, simply click on the Finance tab on the main navigation bar or type “finance” into your browser and select Yahoo Finance.