The cryptocurrency market is seen in an attempt of a rebound at the end of the first week of November 2018 as all major currencies are going up to meet new gains. One of the most progressive currencies among the top 10 list is definitely Bitcoin Cash (BCH) with 20% of gains during the last 24 hours.
Bitcoin (BTC) seems to have fallen asleep; not having any significant gains despite the near-mass rebound, and Cardano (ADA) is following BCH with 5% of gains during a single day period.
The cryptocurrency market is not listless in the sense of news and updates, either. That is how Cardano has seen 5% probably due to the most recent news about a new listing as nothing less than a base currency.
TRON (TRX) also gets a new listing as announced several days ago on November 2nd by Justin Sun, the CEO and founder of TRON foundation.
Litecoin (LTC) is bringing even more positive momentum also going up by nearly 5% against the fiat, probably driven by the latest news that LTC became available on Facebook, which is great news for Litecoin, as well as blockchain space in general.
Cardano (ADA) Just Became the Base Currency of a New Exchange
Cardano is perhaps one of the most progressive currencies alongside Bitcoin Cash (BCH) on the list of top 20 cryptos with the latest rebound, collecting around 5% against the fiat.
This might be the case due to the fact that Cardano has just become the base currency for a new exchange. The announcement came out a few days ago, stating that the exchange called IronX exchange will be represented by Cardano.
The partnership was concluded through Emurgo, one of the three team foundations taking care of ADA and Cardano Network.
What is very important is that ADA won’t be only an asset on IronX exchange once it opens. Cardano plays a far larger role in this scenario.
IronX exchange will be also dealing with other investments other than offering cryptocurrencies, and what is significant for ADA, in this case, is that IronX will be entirely supported by Cardano network, being built and hosted within Cardano platform.
TRON (TRX) Listed on a New Exchange as Justin Sun Announces
Justin Sun announced on November 2nd, stating that TRON (TRX) is now listed on BitexBook, one of the popular exchange markets.
Sun added that this addition, the new listing, means that the TRON users will be able to acquire an in-demand option for managing their assets, which further adds more transparency and reliability.
TRON is currently going up by over 2%, with Sun claiming that the projects are not what is currently important for the price of cryptos. He stated that the market is dictating the price and that the true value will be seen in the time to come.
Litecoin (LTC) Will Become Available on Facebook Messenger
Litecoin has most recently announced one of the most significant news that came from the LTC team in the past couple of months, which might eventually create a major price boost for Litecoin.
The team behind LTC announced that thanks to the work of company Lite.IM and the LTC wallet that already works for Telegram and through SMS service, Litecoin is now available on Facebook Messenger.
Facebook has come a long way since bringing this service to life as the company was severely against cryptocurrencies and ICOs, even posing a ban on all ICO ads on one of the largest social media platforms.
However, Facebook soon modified the initial ban, only to announce months later that Facebook is starting an entire department set to research and explore blockchain technology.
Now, Facebook Messenger will bring Litecoin to 2 billion users who will be able to send and receive LTC through messenger app on this social network.
This presents a significant move, not only for Litecoin but also for all cryptocurrencies as well as blockchain space in general as this addition means that the demand for cryptocurrencies is in a notable growth.
Even though the market is dipping in general and within frequent negative market trends, Litecoin might as well retrieve some of its previous glory with being available to 2 billion users across the globe.