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Information about Litecoin (LTC)
Litecoin is an open-source software project built on the Bitcoin (BTC) protocol. This peer-to-peer cryptocurrency allows users to make near-instant payments with meager transaction costs. Litecoin consists of an open-source and distributed global payment network that does not depend on any central or regulatory entity.
Litecoin (LTC) was born on October 7, 2011, and was created by Charles Lee, managing director of the LiteCoin Foundation and a computer scientist, former Google engineer. It is a cryptocurrency designed to help users make payments quickly, securely, and at a low cost by taking advantage of the unique properties of blockchain technology.
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ViaBTC secured the SOC 2 Type I certification, validating its data protection and compliance efforts. The certification, acquired in April 2025, underscores the platform’s commitment to high security and operational standards.
Haipo Yang, CEO of ViaBTC, expressed the company’s intention to maintain user security and to pursue further certifications, including SOC 2 Type II, to boost transparency and reliability in its mining services.
Currently, 72 crypto-related ETFs are pending SEC approval, highlighting a growing interest in the market. Bitcoin retains a dominant position, controlling 90% of global crypto fund assets.
While many new ETF proposals focus on altcoins and derivatives, they are unlikely to significantly challenge Bitcoin’s market dominance, with analysts predicting a displacement of just 5-10%.
VanEck is set to launch the NODE ETF on May 14, which will invest in crypto-related companies, aiming to hold 30 to 60 stocks in the digital asset sector.
VanEck’s established Bitcoin ETF, HODL, has $1.2 billion in assets. This growth illustrates the rising interest in ETFs that track Bitcoin among retail and institutional investors.
With NODE, investors can gain exposure to the digital economy linked to Bitcoin, Solana, XRP, and Litecoin without directly purchasing these cryptocurrencies.
Nvidia’s challenges from new US regulations resulted in a 5.5 billion USD charge, dropping its stock value significantly. With Bitcoin surpassing 85,000 USD, many investors are now shifting from US tech stocks to cryptocurrencies, promoting gains in the proof-of-work sector.
As expectations for increased local production of mining equipment in the US rise, investor sentiment toward proof-of-work assets has improved. The PoW sector now has a valuation exceeding 1.7 trillion USD, reflecting resilience against global trade tensions.
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