Miesha Tate has beaten Holly Holm at UFC 196 in Las Vegas in an incredible bout to become the new bantamweight champion of the world. Holm failed to defend her title that she won from Ronda Rousey last year. Tate dominated the rounds in front of a packed MGM Grand Audience, winning the second round before Holm came in stronger in the third. However, Tate ended big in the fifth round with a rear-naked choke. Stay tuned for video coverage.