*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)
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
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.
