Litecoin, which is often referred to as “silver” in contrast to Bitcoin’s “gold”, celebrates its 14th anniversary today.
October 7, 2011 is Litecoin’s official birthday, as the first block of the Litecoin blockchain, the Genesis block, was mined by Litecoin creator Charlie Lee. This marked the official beginning of the Litecoin network.
On October 7, 2011, the first block of the Litecoin blockchain, the Genesis block, was mined by @SatoshiLite, marking the official beginning of the Litecoin network. Litecoin’s Genesis Hash was specifically generated intentionally using the Scrypt hashing algorithm.
It’s over… pic.twitter.com/WL5NTIaUra
— Litecoin Foundation ⚡️ (@LTCFoundation) October 7, 2025
Litecoin’s Genesis Hash for Litecoin is generated using the Scrypt hashing algorithm, which has stood the test of time and remains a fundamental pillar of blockchain.
Genesis Hash also plays a key role in ensuring the security, consensus mechanism, and overall integrity of the Litecoin network.
In early October, Litecoin reported that its mining difficulty had hit a new high, surpassing the 100 million mark for the first time.
As more hashing power is added to the Litecoin mining network, the difficulty must increase to prevent blocks from being generated too quickly.
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SEC misses deadline for Canary Capital’s SpotlightCoin exchange-traded fund. U.S. regulators took no action by October 2, the original deadline for a decision. It remains unclear whether the SEC’s silence on Canary’s Spotlight Coin ETF is due to the government shutdown or as a result of new generic listing standards that could render the 19b-4 deadline meaningless.
In early October, REX-Osprey filed for an LTC ETF under the 1940 Act, which does not fall under the new generic listing standards.
At the time of writing, LTC had fallen 2.86% to $116 in the past 24 hours, but was up 11% for the week.
