Current Bitcoin Price: $3927 (as of 9:00 AM PST)
It’s not a pretty Tuesday for the cryptocurrency market. On average, coins are down by more than 1.5% today. Bitcoin and Ethereum are down closer to 1%, while XRP is down over 2%.
There’s red across the board, mostly in the negative 2 to 3% range. The only top-20 currencies resisting this are EOS and Cardano — both up between 0.5 and 1%.
Top Crypto News Stories for 26th March 2019
Yahoo-backed exchange soon to launch
In March of 2018, a subsidiary of Yahoo! Japan made a $19 million investment to secure a 40% stake in a Japanese cryptocurrency exchange called BitARG Exchange Tokyo, valuing the business at just under $50 million.
Based on that same exchange’s system, Yahoo! Japan are now launching a new exchange called TaoTao, which from day one will have support for spot trading of Bitcoin and Ethereum, and margin trading for XRP, Litecoin and Bitcoin Cash.
Twitch removes Bitcoin, Bitcoin Cash payment options
For quite a while, you were able to subscribe to content creators on Twitch — the world’s largest video streaming platform — with payment in Bitcoin or Bitcoin Cash. The operation was managed by dedicated payment firm BitPay.
Twitch has just removed the option to subscribe to streamers’ channels using Bitcoin and Bitcoin Cash. Although you can still donate directly to streamers using cryptocurrency, you’re unable to make the monthly payments associated with a Twitch subscription.
CoinMarketCap to act on fake volume report
Yesterday we reported that near 95% of all Bitcoin trading volume listed on CoinMarketCap is fake. The reported figure of $6 billion per day is quite a stark leap away from the true figure of around $30 million per day.
CoinMarketCap has announced that it will be revising the metrics it uses to collect and present data, in order to give its users a better picture of the market.