Yahoo!’s cryptocurrency exchange to go live on May 30

The Japanese trading platform will support BTC and ETH.
Marginal trading will be available for Litecoin, XRP and Bitcoin Cash.

Tanya Abrosimova Independent Analyst

The owner of the second largest search engine, Yahoo! says that its proprietary cryptocurrency exchange Taotao will go live this week. According to the announcement posted on Twitter, the platform will be launched into operation on May 30 at noon by local time.

At the initial stage, the trading platform will support operations with Bitcoin and Ethereum. However, the users will also have access to margin trading with Litecoin, XRP and Bitcoin Cash.

The company first announced the decision to launch a cryptocurrency exchange in March 2018. For that purpose, Yahoo! Japan acquired 40% of the Tokyo-based cryptocurrency exchange BitARG for 2 billion yen (over $18 million).

Taotao started onboarding clients in March 2019. The early adopters had a chance to register an account beforehand and participate in a dedicated promotional campaign.

The platform has obtained regulatory approval from the Japanese Financial Service Agency (FSA). Also, it is a member of the Japanese self-regulatory body Japan Virtual Currency Exchange Association (JVCEA).

Yahoo! has joined the ranks of large Japanese corporations seeking exposure to the cryptocurrency trading industry. Thus a retail giant Rakuten stated onboarding clients for its cryptocurrency exchange that is expected to go live in June.

Author

Tanya Abrosimova

Independent Analyst

XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin rebounds after testing an intraday low at $60,000 amid persistent retail investor exit. Ethereum shows subtle signs of recovery, but ETFs outflows limit upside. XRP gains by over 10% on Friday amid mild ETF inflows and a drop in futures Open Interest to $2.40 billion.

Bitcoin Weekly Forecast: The worst may be behind us

Bitcoin price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.

Pi Network hits record low despite plans to deploy KYC validator rewards in March

Pi Network hovers above $0.1400 on Friday, up from the $0.1300 record low seen earlier in the day. The sell-off continues even as Pi Network has announced that it will distribute KYC validator rewards by the end of March.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.