Litecoin, sometimes called the “silver” to Bitcoin’s “gold” is marking its 14th anniversary immediately.
October 7 marks Litecoin’s official birthday as on Oct. 7, 2011, the primary block of the Litecoin blockchain, the Genesis Block, was mined by Litecoin creator Charlie Lee. This marked the official starting of the Litecoin community.
On October 7, 2011, the primary block of the Litecoin blockchain — the Genesis Block — was mined, by @SatoshiLite, marking the official starting of the Litecoin community. The Genesis Hash for Litecoin was notably and deliberately generated utilizing the Scrypt hashing algorithm.
Over… pic.twitter.com/WL5NTIaUra
— Litecoin Basis ⚡️ (@LTCFoundation) October 7, 2025
Litecoin’s Genesis Hash for Litecoin was generated utilizing the Scrypt hashing algorithm and has stood the take a look at of time, remaining the foundational pillar of the blockchain.
The Genesis hash additionally performs an important position in guaranteeing Litecoin community’s safety, consensus mechanism and general integrity.
Firstly of October, Litecoin reported a brand new excessive in its mining problem, surpassing the 100 million mark for the primary time.
As extra hashing energy is added to the Litecoin mining community, the issue should improve to make sure blocks will not be being generated too shortly.
Litecoin information
The SEC missed the deadline on Canary Capital’s spot Litecoin exchange-traded fund. The U.S. regulator took no motion on Oct. 2, the unique deadline for it to decide. It stays unknown whether or not SEC’s silence on Canary’s spot Litecoin ETF was as a result of authorities shutdown or additionally a results of the brand new generic itemizing requirements, which could render the 19b-4 deadline irrelevant.
At the start of October, REX-Osprey filed for an LTC ETF below the “1940 act,” not falling below the brand new Generic Itemizing Requirements.
At press time, LTC was down 2.86% within the final 24 hours to $116 however larger 11% weekly.
