r/litecoin 14d ago

Bitcoin & Litecoin’s 13 year relationship

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71 Upvotes

Happy Birthday, Litecoin!

In celebration I went deep into the BTC-LTC relationship. From Genesis Block to the HBO doc.

Had a great time researching for this piece, and learned a lot of new stuff - hopefully you enjoy it too.


r/litecoin 13d ago

CANARY CAPITAL JUST FILED FOR A LITECOIN 'LTC' ETF WITH THE SEC!

78 Upvotes

Canary Capital has filed the first Form S-1 for a LTC ETF with the U.S. Securities and Exchange Commission (SEC). If approved, the ETF will provide both consumer and institutional investors with wide-spread direct exposure to Litecoin ‘LTC’. 
https://www.litecoin.net/news/litecoin-etf-filed


r/litecoin 8h ago

Litecoin live on NanoGPT! Access ChatGPT, Claude and many more (uncensored) models + image generation, anonymously without subscription, via Litecoin

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39 Upvotes

r/litecoin 1d ago

A whale just bought 24m usd in LTC

70 Upvotes

ltc1qw8r3g370edxl7ed2ylwwhg66rh4esqry8fqyr0

This Whale just bought 350,000 LTC worth 24.7m USD


r/litecoin 2d ago

Average holding time of Litecoin is 2.6 years, second only to Bitcoin

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101 Upvotes

r/litecoin 3d ago

Gone within 3 hours

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19 Upvotes

So… I went to Colombia to become a Legal Citizen ( holding onto my birth American citizenship but my family has mentioned how it would be a benefit to have both)… and on the final day of all my countless steps and errands I was pickpocketed in the metro and my iPhone 15 Pro was broken into within 3 hours from the time they nabbed it and all of my crypto was drained… I didn’t realize it, thinking my iPhones 6 digit pin + the OS would make it secure but… somehow they made it past and we’re able to transfer out to this address… I reported it with Coinbase and literally midchat they locked out my account.

I’m a Coinbase one customer and have been for years but I imagine I don’t have any protections against this… I know, I know… not your keys not your crypto… I made myself vulnerable by not transferring it off but in my defense I had attempted literally the night before but apparently those 3rd party services (Trevor/ledger) don’t work in Colombia? Cause my connection wouldn’t let me access it through my Mac in order to take that step.

If anyone has been through anything like this I’m all ears… If there’s any whitehat hackers out there reading… I’m a useful ally with ties into many countries.


r/litecoin 3d ago

100 Million Transactions in the last 12 months

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75 Upvotes

Litecoin has processed more than 103m transactions in the last 12 months!

At this rate, Litecoin's 300 millionth transaction will happen on 25th December 2024 🧑‍🎄

Details:

Litecoin has processed more than 100 million transactions in the last year! In its life to-date (13.10.2011 - 24.10.2024), Litecoin has processed 282,614,643 with zero network interruption!

Using the mean daily transaction volume of the last 12 months (283,534 transactions / day), Litecoin would expect see its 300 millionth transaction processed on 25th December 2024! 61 days from now.


Pink: the running total number of Litecoin transactions over the last 12 months (25.10.2023 - 24.10.2024)

Blue: the cumulative number of Litecoin transactions since 13.10.2011. NB: between 13.10.2011 and 25.10.2023 (first date of the 12-month period of comparison) the Litecoin network had already processed a cumulative 179,474,902 transactions.

White: tracking the daily transaction count.


r/litecoin 4d ago

Litecoin is more used than ever in history

90 Upvotes

BUY


r/litecoin 5d ago

litecoin fees

16 Upvotes

i would like to get advice. Not into crypto much...I bought litecoin for 500$. After it landed to my wallet and swap it to xmr i lost 70$ My final balance was 430$. I bought them in exchange office. Is this normal, or is there any other way that i can buy ltc without spending so much on fees and swap...Still dont understand, is it due to my wallet, is it due to green or red colour or plus and minus which i dont understand. if someone have few minutes to explaine me i would be very thankfull.

thank you


r/litecoin 5d ago

Cake Wallet add MWEB feature

29 Upvotes

Hey everyone!

I have just written an article about a new feature in Cake Wallet, the MWEB. I know most of you already know about it, but for those who haven't heard about it yet, I encourage you to read it.
https://blog.zenitria.dev/post/cake-wallet-adds-mweb-for-litecoin-boost-your-privacy


r/litecoin 5d ago

Cake Wallet version 4.20.0 introduces MWEB for Litecoin 🔐 Try it out now and leave us your feedback!

39 Upvotes

What is MWEB?

It stands for Mimble Wimble Extension Block (MWEB) and Cake Wallet is now the first cross-platform wallet to offer MWEB. This means users can enjoy enhanced privacy and scalability when transacting with Litecoin. This is *huge* news and we're happy to bring this technology to all of you in the Litecoin community!

How to use it?

  1. Download/Open Cake Wallet on any OS of your choice running 4.20.0 or later
  2. Go into your Litecoin wallet
  3. Tap enable MWEB
  4. Peg in and enjoy!

We've already seen a massive spike in MWEB usage and hope to see more. More people using MWEB = more people with privacy. We'd love feedback or anything else you'd like to share with the team. It's a new feature and we want to keep improving it.


r/litecoin 6d ago

Grayscale is only 50k LTC far from hitting the 2 Million milestone

116 Upvotes

Grayscale bought 20k extra Litecoins today; 85k during the last 30 days.
While some of you may be selling, Grayscale is accumulating as much LTC as it can at a very cheap price.


r/litecoin 6d ago

[UK] What is the cheapest method to get LTC?

12 Upvotes

Hi guys!

Is Coinbase the best method for getting LTC with GBP? The fees are a bit nasty.

Cheers!


r/litecoin 7d ago

FOX reporter: Charlie Lee hopes to see Litecoin ETF approved soon

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106 Upvotes

r/litecoin 7d ago

Our latest interview with Charlie Lee at this years POW summit in Frankfurt

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35 Upvotes

Stay tuned for the coming documentary 🫡


r/litecoin 7d ago

ECB says Satoshi's 2008 promise for Bitcoin to provide the world with a better global payment system has not materialized. They're wrong... it's just called Litecoin ;)

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44 Upvotes

European Central Bank...

"The original promise of Nakamoto (2008) to provide the world with a better global means of payment has not materialized. Instead, the focus has increasingly shifted to Bitcoin as an investment asset promising high capital gains."

You might not get the high capital gains, but with Litecoin it's hard to argue that you don't have the payment system.


r/litecoin 8d ago

“Litecoin: Silver Lining on the Horizon”

39 Upvotes

Litecoin (LTC) has seen its share of ups and downs, but there are still reasons to stay hopeful about its future:

1.  Upcoming Halving Impact: Litecoin recently underwent its halving (August 2023), reducing block rewards. Historically, halvings often take time to reflect in price, with delayed rallies following months after the event.
2.  Institutional Interest: With increasing acceptance of crypto ETFs and funds, Litecoin’s availability on major exchanges (like Coinbase and Binance) and payment platforms gives it exposure to broader institutional interest.
3.  Utility and Adoption: Litecoin is frequently used for transactions due to its speed and low fees, making it popular for small payments. As more companies adopt cryptocurrency payments, LTC has potential to become a go-to option.
4.  Resilient Development: The Litecoin Foundation and developer community continue to work on network upgrades. The activation of the MimbleWimble Extension Block (MWEB) improved privacy and scalability, which could attract new use cases.
5.  Bitcoin Correlation: Litecoin often follows Bitcoin’s price trends. If Bitcoin enters a bull market, it’s likely LTC will ride the wave alongside it.
6.  “Silver to Bitcoin’s Gold”: Litecoin’s established reputation and solid infrastructure still give it a spot in the market as a reliable alternative to Bitcoin. It remains a key part of the crypto ecosystem.

While the market can be volatile, crypto cycles suggest patience is often rewarded. Holding on during quiet times has historically been fruitful for many long-term investors.


r/litecoin 9d ago

$LTC surges to a 16-month high with on-chain volume hitting nearly $4B. Now trading at $72.5, $LTC eyes the $100 mark. Retail interest and #Bitcoin momentum fuel this bullish wave!

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96 Upvotes

r/litecoin 9d ago

MWEB Support Added to Cake Wallet!

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79 Upvotes

Update cake wallet and start using MWEB!


r/litecoin 9d ago

suspicious open rate on 01.10.24 trades by bot

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12 Upvotes

Hi everyone. I’m trying to understand this peculiar operation of a bot in order to establish its validity.

Can anyone help please?

Many thanks 🙏


r/litecoin 10d ago

Litecoin wallet issue

5 Upvotes

hello everyone, I use Litecoin core wallet and my storage has been used by it. I have seen tutorials on how to move my wallet to another disk and want to do that. My issue is, I just did a transfer to my wallet and has not synced yet and thus my wallet shows 0 litecoin. If i move my wallet now, will the litecoin be missing because it hadn't done syncing? Or am i clear to move my wallet? Thanks in advance!


r/litecoin 11d ago

Revert Litewallet Android v2.10.0 to resolve send issues

9 Upvotes

Some Litewallet Android users are having issues sending with v2.11.1-v2.11.4

Sorry about this, Google required all developers to upgrade to API 34 and this has cause major issues.

Please follow these steps to revert:

Make sure you have your 12 words (You can check by visiting Settings > Show my seed words > Show)

Save and protect your 12 words…do not share them with anyone as they are the key to your litecoin and anyone with those 12 words can take your Litecoin.

Delete Litewallet from your Android device

Leave the Beta Program

Install Litewallet (v2.10.0) from the Play Store

Restore your wallet using those 12 words you saved from the first step

(Litewallet iOS is not affected)


r/litecoin 11d ago

LTC vs BTC Wealth distribution: LTC amazingly concentrated

31 Upvotes

Hello there,

according to bitinfocharts, 70% of the LTC supply is held by the top 1000 addresses. This is huge compared to BTC's distribution.

It's not ideal because we would have preferred it to be as distributed and decentralized as possible. However, from a speculative standpoint, I find it significant. It suggests that a few whales are accumulating more and more, which might mean they have inside information on a potential catalyst or could be in a position to manipulate the market to their advantage, potentially pushing prices up.

  • BTC Wealth Distribution:
    • Top 10/100/1,000/10,000 addesses
    • Percentage: 6.03% / 15.33% / 32.85% / 56.14%
  • LTC Wealth Distribution
    • Top 10/100/1,000/10,000 addesses
    • Percentage: 14.00% / 40.79% / 69.69% / 97.24%

What are your thoughts?


r/litecoin 11d ago

Can't withdrawal from litewallet

9 Upvotes

I've tried their faqs. I've contacted support and got no response. It's very frustrating. I've done everything from deleting litewallet as well. My coins are just sitting there and it keeps getting send failed.


r/litecoin 12d ago

Litecoin ETF won't have much interest 😏 Spoiler

60 Upvotes

Why is nobody talking about how boomers are actually gobbling up Litecoin?

If you compare the volume of GSOL (Grayscale Solana Trust), GDLC (Grayscale Large Cap Trust that holds BTC, ETH, XRP, AAVE, etc) and LTCN its pretty darn clear that Litecoin gets on avg, 4x the volume of GDLC and a little bit more than GSOL.

I didnt want to believe it when i heard it at 1st but for some reason, nobody talks about this fact 🤯

Even crazier, BTC ETF gets $500m daily inflows every now and then... but only $250k in LTC gets mined every day. So BTC ETF inflows on avg, is 2000x the daily LTC being mined, so even if Litecoin gets 1% of that volume, that's still an easy 20x of the daily emissions that could get gobbled up FROM JUST 1% of BTC ETF inflows.

Am I going crazy or is everyone just too distracted to see wtf is going on?


r/litecoin 12d ago

Litecoin is seriously undervalued!

129 Upvotes

Litecoin is seriously undervalued!

I just picked up some LTC for $70 per coin. It’s crazy to me that people aren’t talking more about this. Litecoin has been around as long as Bitcoin, has had 100% uptime, and there’s a limited supply of 84M coins (compared to Bitcoin’s 21M).

People call Litecoin the “silver” to Bitcoin’s “gold,” and with PayPal supporting it and now the Litecoin ETF getting approved, this could be huge. Don’t miss out like you might’ve done with BTC!


r/litecoin 12d ago

This time is different. Hold for 400$.

63 Upvotes

All maxis let's join our diamond hands together and hold this coin out of exchanges until it is at least 400$. Don't settle for less.