ViaBTC launches LTC/CNY trading

ViaBTC, who recently launched their cryptocurrency exchange, will add an LTC/CNY trading pair, which brings more liquidity for LTC
29 June 2017   2594
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

The developers of the world’s top Bitcoin mining pool and mining pools for competing coins, ViaBTC, gives the green light for Litecoin, which has been largely ignored for the better part of three and a half years. However, as the Poloniex line chart shows, there was a gradual increase of LTC since March 29th and it reached its peak on May 11th. Since then, Litecoin has been quite stable and now shows a certain tendency for beating its own record.

Line chart of cryptocurrency LTC on the Poloniex exchange  Line chart of cryptocurrency LTC on the Poloniex exchange 

Cryptocompare also reports LTC’s remarkable recovery.

Line chart of cryptocurrency LTC on the CryptoCompare platformLine chart of cryptocurrency LTC on the CryptoCompare platform

Litecoin

Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency

Thus, an additional LTC/CNY trading pair can do wonders for the Litecoin value moving forward. The trading expected has already started on June 28th.

Besides, ViaBTC is not the first Chinese exchange to list LTC/CNY as a trading pair as of late. Nowadays there is a large demand for Litecoin in China and it is evident that good things are bound to happen for LTC sooner or later. Whether or not that will be due to ViaBTC, remains to be seen.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   958

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”