what's litecoin?
Litecoin (LTC) is a decentralized, open-source cryptocurrency launched in 2011 by Charlie Lee as a fork of Bitcoin, aimed at providing faster and cheaper transactions for everyday use. It operates on a proof-of-work consensus mechanism using the Scrypt algorithm, which was intended to make it more accessible for mining with consumer-grade hardware compared to Bitcoin's SHA-256. Key features include a block generation time of 2.5 minutes, enabling quicker confirmations, and a maximum supply cap of 84 million coins, with halvings every four years to control inflation. Litecoin emphasizes security with over 13 years of uninterrupted operation and supports optional privacy enhancements through the Mimblewimble Extension Blocks (MWEB) protocol for fungible transactions. It has high liquidity across major exchanges, low transaction fees, and widespread adoption, including integration with payment processors like PayPal and availability on numerous ATMs worldwide. As a "digital silver" to Bitcoin's "digital gold," Litecoin focuses on practical utility for payments and value transfer.
DZ Bank retail support, high whale activity, 40% open interest surge, and LTC20s/Runes.
Will be supported for retail crypto trading on DZ Bank's meinKrypto platform alongside BTC, ETH, and ADA, with the service set to go live shortly after DZ Bank received MiCAR authorization from BaFin in late December 2025.
Whale activity reached a 5-week high on the network.
Added approximately 40% to total open interest across Binance, Bybit, and OKX within a 24-hour period ending January 13, 2026.
Introduced LTC20s and Runes as programmable assets native to the Litecoin chain.
Halving is scheduled for July 2027, with historical pre-halving rallies occurring 122-243 days prior in previous cycles (2015, 2019, 2023).
Fidelity Digital Assets posted job openings for roles managing Litecoin nodes, highlighting Litecoin's significance in crypto infrastructure alongside Bitcoin and Ethereum.
The project has declined 26% year-to-date in 2025, underperforming physical silver which gained 35% in the same period.
Litecoin perpetual-style futures go live on Coinbase Derivatives with 24/7 trading availability for retail and institutional traders through approved FCM partners.
Pact_Swap integration on Coinweb allows LTC cross-chain swaps with BTC, ETH, BNB, DOGE and is currently in beta.
Zeus Network debuts Zeus MPC, a device that enables users to earn yield on Litecoin by plugging it into a computer.
LitecoinVM testnet is almost live.
MWEB addresses approach 400,000 Litecoin milestone, setting a new all-time high.
Cypher card integration enables cbLTC to be used for everyday spending on Base network.
Coinbase partners with Chainlink as their exclusive bridge for $7B in wrapped assets including cbLTC along with cbBTC, cbETH, cbDOGE, cbADA, and cbXRP.
Optionally private MWEB addresses hit a new all-time high.
Bitwise's 10 Crypto Index Fund uplisted and began trading on NYSE Arca as an ETF after clearing the SEC, providing exposure to LTC among 10 cryptocurrencies.
Integration with near_intents enables Litecoin swaps with 120+ cross-chain assets including BTC, ETH, SOL, ADA, USDC, and USDT, with sales support on Calyx platform.
Coinbase Derivatives launches 24/7 trading for Litecoin monthly futures, with altcoin US Perpetual-Style Futures scheduled to go live on December 15.
MWEB is now live on Cupcake, the air-gapped hardware wallet by Cake Wallet.
Vanguard lists the Bitwise 10 Crypto Index Fund (BITW) that includes Litecoin among 9 cryptocurrencies, providing institutional exposure through a major traditional finance platform.
Pact_Swap DEX supports Litecoin for native cross-chain L1 to L1 swaps without bridges or wrapped tokens, powered by Coinweb smart contracts with CWEB collateral protection.
A fake-news pump gets invalidated, with price bleeding back to origin and creating a short trading opportunity.
The Xeet.ai leaderboard tournament awards 0.2% of supply to the top 100 users, worth approximately $12M or $120,000 per participant based on current $6B FDV.
A new leaderboard tournament launches on Xeet.ai platform featuring LitecoinVM and Litecoin.
Over 12 months, Litecoin leads privacy coins in all social metrics including engagements, mentions, creators, and sentiment.
Vanguard now allows purchase of crypto ETFs, providing access to a Litecoin ETF through their platform.
Trader commentary indicates shilling activity marked a market top.
NEAR Protocol's Intents feature now supports Litecoin for cross-chain swaps, unlocking multichain liquidity access.
A new subnet mechanism enables LTC miners to onramp into the Bittensor $TAO network.
CoinShares withdraws its SEC filing for a Litecoin ETF, along with XRP and SOL staking ETFs, as the firm shifts focus to pursue a Nasdaq listing through a $1.2B merger.
The Litecoin Summit is scheduled for June 22-23, 2026 during Dutch Blockchain Week, with ticket registration now open.
Amsterdam confirmed as the location for the Litecoin Summit.
The Litecoin Summit location and dates will be announced this Friday.
Litecoin creator Charlie Lee publicly states the best crypto financial advice is to buy and hold Bitcoin.
Coinbase Derivatives adds 24/7 trading and perpetual-style futures for LTC alongside 10 other cryptocurrencies.
CNBC lists Litecoin on its main price screens alongside BTC, ETH, and XRP.
THORChain front-end supports LTC swaps with 10+ chains integrated in the protocol.
Luxxfolio Holdings joins Lite Strategy as public company holding Litecoin, with both companies holding combined 949,632 LTC worth approximately $88M. Treasury tracking system launches to monitor public company holdings.
SEC generic listing standards create fast lane for new crypto ETF products. Litecoin ETFs launched following these new regulatory rules.
Lite Strategy announces first quarter fiscal 2026 results highlighting the successful launch of a $100M Litecoin Treasury Strategy and movement into active capital market operations. (Tweet ID: 1990473516848669105)
MWEB optional privacy has shielded over 1.2M LTC. Network processes 175k daily transactions compared to ZEC's 5k.
Accumulation activity reported below $100 since October 10th. (Tweet ID: 1989699511959097551)
Canary Capital files for a Litecoin ETF, expanding its crypto fund lineup after recent HBAR and XRP funds.
LTC/BTC trading pair breaks out of 4-year resistance on the weekly chart.
A trader identifies a failed reclaim pattern and opens a short position. (Tweet ID: 1988627428143686068)
$LTC retraces to the 200 EMA and holds above it so far.
Litecoin integrates with NEAR Intents, enabling swaps from 120+ assets across major chains including BTC, ETH, SOL, ADA, USDC, and USDT to LTC and back with deep liquidity and low fees.
Daily active addresses increase by 16.4% over 30 days, ranking 6th among fastest growing L1s and L2s.
10 Litecoin ETFs are pending approval according to trader commentary. (Tweet ID: 1987978716656324834)
The spot ETF $LTCC reaches 3x over average volume after less than 1.5 hours of trading.
362,000 Litecoin now held in optionally private wallets, showing continued growth in privacy feature adoption from the 329,000 reported on 2025-11-08.
LTCBTC breaks out of downtrend according to multiple traders. Founder Charlie Lee resumes active promotion of the project.
MEI Pharma allocates $200M to Litecoin as part of its corporate treasury strategy.
The blockchain reached 3 million blocks mined yesterday.
Coordinated shilling campaign and organized pump attempt reported across crypto twitter. Traders discuss potential capital rotation from ZEC to LTC.
Optional private addresses break 329,000 milestone.
Price ratio between LTC and Zcash shifted from 1:3 historically (ZEC $30, LTC $90) to current 7:1 (ZEC $700, LTC $100).
100K+ LTC whale wallets grew 6% in three months and daily on-chain volume reaches ATH of $15.1B.
ETF inflows have started on LTC.
Rally confirmed as spot-led buying, unusual given pervasive negative funding rates. Theory suggests potential exchange spot repurchasing to compensate liquidation victims from October 10 event.
Litecoin flips Bitcoin on three key metrics: Bitpay payments, daily active addresses, and median value per transaction.
Coinbase-backed Litecoin (cbLTC) launches on Base chain alongside cbXRP, cbADA, cbDOGE, and cbBTC, expanding cross-chain availability. Price hits $104 mark with 20% single-day gain reported.
LTC begins price rally after remaining stagnant during the recent privacy coin surge led by ZEC and DASH.
ZEC breaks $600 price level as the privacy coin competitor rally continues.
Educational content covers LitVM and ZK functionality as a layer 2 solution.
Confidential addresses using MWEB reach 300k litecoin milestone.
ZEC overtakes LTC in market cap with the gap continuing to widen, while LTC/BTC trading pair hits new lows today.
Privacy coins rally with DASH up 160% and ZEC up 20% this week while LTC has not moved despite having privacy features through MimbleWimble and an active ETF. Privacy coins market cap reaches $24 billion.
FireCharts data shows price suppression from ask liquidity stair stepping downward, with another support test expected.
Optionally private addresses show a 70% increase in LTC added over the last 29 days, reaching a new all-time high and approaching 300k.
LTC futures launch on Webull Global platform alongside DOGE, XRP, and SOL futures through a new partnership.
First day ETF inflows reach $1.4M.
SEC Chair Paul Atkins publicly praises the legal mechanism (20-day statutory waiting period/auto-effective method) used by Bitwise and Canary Capital to launch their Litecoin ETFs this week.
Hash rate reaches a new all-time high.
Bitwise launches a Litecoin fund that records zero flows on debut.
New promotional campaign rewards top 2,000 users with $10 in ETH for buying or depositing $50+ worth of LTC, ending November 12.
The Canary Litecoin ETF recorded zero net inflows or outflows on its first trading day despite having $1M in trading volume.
Combined trading volume across the three new crypto ETFs (Litecoin, Solana, Hedera) reaches $65 million on first day, with Litecoin ETF recording the lowest individual volume at $1M compared to Solana's $56M and Hedera's $8M.
Eric Balchunas reports early trading volume of $1M for the Litecoin spot ETF.
BitGo serves as the qualified custodian for the Canary Capital Litecoin ETF ($LTCC), providing custody services for the newly launched fund.
Charlie Lee discusses raising $100M to invest in Litecoin and details about LiteStrategy in podcast Episode 70, covering topics including institutional involvement in crypto and the future of AI.
Canary Capital's Litecoin ETF begins trading on Nasdaq today as U.S. markets open, marking the first US ETF for the cryptocurrency.
Litecoin ranks #5 among top daily crypto gainers on October 28, 2025 according to CoinMarketCap data.
67% of all Litecoin exists in addresses holding 100 LTC or more, showing concentration in larger wallets.
Three altcoin ETFs (Solana, Litecoin, and Hedera) launch simultaneously on Tuesday per Bloomberg's Eric Balchunas.
A BLOCKParty event with Litecoin is scheduled for October 28th at 2PM ET/11AM PT.
Litecoin ranks #5 in AltRank, measuring convergence of social energy and market performance among crypto assets showing strong community and market activity today.
Canary Litecoin ETF is now officially effective with NYSE Arca completing 8-A certification as the final step, confirming trading begins tomorrow on NASDAQ. The S-1 registration went automatically effective through the 20-day rule without manual SEC approval during the government shutdown.
The Canary Litecoin ETF launches on October 28 after the exchange posts listing notices, pending no last-minute SEC intervention. Bloomberg Senior ETF Analyst Eric Balchunas confirms the launch.
Canary files Form 8-A registration with the SEC for a Litecoin ETF, joining Bitwise's Solana filing.
Privacy adoption grows with 260k Litecoin now in MWEB addresses.
Over 245k Litecoin now held in MWEB addresses, showing privacy feature adoption.
Retail ownership exceeds 50% of circulating supply even as institutional investors enter the market.
Retail user base reaches 8.7 million users (not wallets), showing exponential growth.
T. Rowe Price, a $1.77 trillion asset manager, files for its first actively managed crypto ETF with a 10-coin index that includes Litecoin.
BTCOS announces ecosystem partnership with Litecoin after closing a $10M funding round led by Greenfield Capital, having verified the first zk proof on Bitcoin with 100 zkBTC live on mainnet and over $100M BTC throughput processed.
KuCoin launches mining pool supporting Litecoin alongside Dogecoin, with Bitcoin support coming soon.
Layer 2 solutions with ZK Proofs are being built, Digital Asset Treasuries hoard LTC, and miner reserves trend upward over the past year with active addresses and transactions holding strong.
ProShares officially files for 'ProShares CoinDesk Crypto 20 ETF' to be listed on NYSE, tracking an index that includes LTC among 20 cryptocurrencies.
192k litecoin are held in MWEB confidential addresses with 200k milestone within reach.