*By Jacqueline Corba*
Litecoin is now available for trading on Robinhood.
That means users of the millennial-focused trading app can invest in the cryptocurrency commission-free in the 17 states where the service can trade the digital asset.
Charlie Lee, founder of Litecoin, praised Robinhood for the ease of use of its fintech platform, but the news didn't move the needle for investors Thursday.
"We are getting a lot more adoption and the price has gone the opposite way," Lee said in an interview on Cheddar's The Crypto Craze. "In the short term it doesn't track it, but I think we are doing well for the long term, and the price will come back. It's just a matter of time."
Litecoin, the sixth largest cryptocurrency by market cap, is trading at about $76 dollars, about the lowest its been since last November. Prices peaked at over $360 in December, but have sold off along with the rest of the digital currency market.
The Robinhood partnership came a day after Litecoin Foundation announced it acquired a [nearly 10 percent stake in Germany's WEG Bank](https://www.tokenpay.com/litecoin), a deal that could help expand where the digital currency is used.
"We've had trouble getting a bank account," Lee said. "With this bank deal we are looking to do our own merchant payment processor."
The ultimate goal, said Lee, is for people to be able to spend Litecoin anywhere they go.
For the full segment, [click here.](https://cheddar.com/videos/robinhood-adds-litecoin-to-crypto-trading-platform)
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
