Litecoin (LTC) marked its 14th anniversary on October 7, 2025, commemorating the day founder Charlie Lee mined the genesis block using the Scrypt algorithm in 2011. The network's mining difficulty has reached a new peak, surpassing 100 million.
In regulatory developments, the U.S. Securities and Exchange Commission (SEC) missed the October 2 deadline to decide on Canary Capital's Litecoin spot ETF proposal. Meanwhile, REX-Osprey has filed a separate application for a Litecoin ETF under the 1940 Act. Despite these events, Litecoin's price fell 2.86% in the past 24 hours to $116, though it has gained 11% over the past week.
Litecoin Celebrates 14th Anniversary Amid Record Mining Difficulty
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.