The cryptocurrency market is seen in an attempt to rebound at the end of the first week of November 2018, while all the major currencies are rising to meet new gains. One of the most progressive currencies in the top 10 is definitely Bitcoin Cash (BCH) with 20% earnings in the last 24 hours.
Bitcoin (BTC) seems to have fallen asleep; not having any significant gain despite the near-mass rebound, and Cardano (ADA) is following BCH with 5% of earnings during a single day.
The cryptocurrency market is not listless in the sense of news and updates. That's how Cardano saw 5% probably because of the latest news on a new listing as nothing less than a base currency.
TRON (TRX) also gets a new list as announced several days ago, on 2 NovemberND by Justin Sun, CEO and founder of the TRON foundation.
Litecoin (LTC) is increasing its positive momentum by about 5% more than Fiat, probably driven by the latest news that LTC has become available on Facebook, which is great news for Litecoin, as well as the blockchain space in general .
Cardano (ADA) has become the base currency of a new exchange
Cardano is perhaps one of the most progressive currencies alongside Bitcoin Cash (BCH) in the list of the 20 best encrypted with the last rebound, collecting about 5% against the fiat.
This could be the reason why 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 foundations of the team that deals with ADA and Cardano Network.
What is very important is that ADA will not be just a resource for the IronX exchange once opened. Cardano plays a much larger role in this scenario.
IronX Exchange will also take care of other investments in addition to the offer of cryptocurrencies, and what is significant for ADA, in this case, is that IronX will be fully supported by the Cardano network, being built and hosted inside the platform Cardano.
TRON (TRX) Listed on a new stock exchange Justin Sun announces
Justin Sun announced November 2ndND, 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 TRON users will be able to acquire an in-demand option for managing their own resources, which adds further transparency and reliability.
TRON is currently climbing more than 2%, with Sun claiming that projects are not what is currently important for the price of cryptosides. He said that the market is dictating the price and that the true value will be seen in the time to come.
Litecoin (LTC) will be available on Facebook Messenger
Litecoin has recently announced one of the most significant news coming from the LTC team in the last two months, which could eventually create a major price increase for Litecoin.
The team behind LTC announced that thanks to the work of Lite.IM and the LTC portfolio that already works for Telegram and the SMS service, Litecoin is now available on Facebook Messenger.
Facebook has come a long way since it brought this service to life as the company was severely opposed to cryptocurrencies and ICOs, even though it placed a ban on all ICO ads on one of the largest social media platforms.
However, Facebook has soon changed the initial ban, only to announce months after Facebook is starting an entire department set up for research and exploration of blockchain technology.
Now, Facebook Messenger will bring Litecoin to 2 billion users who will be able to send and receive LTC via the messaging app on this social network.
This represents a significant move, not only for Litecoin but also for all cryptocurrencies and blockchain space in general, since this addition means that the demand for cryptocurrencies has a considerable growth.
Even if the market is spreading in general and in the face of frequent negative market trends, Litecoin could also recover part of its previous glory by being available to 2 billion users worldwide.