Crypto News

Bitcoin Could Hit $150K This Year, Says Fundstrat’s Tom Lee

Bitcoin price can reach as high as $150,000 this year fueled by ETFs, halving and Fed rate cuts, Fundstrat's Tom Lee said.Source link

Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability 

On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains,Source link

What the Bitcoin Halving and Bitcoin ETFs Mean for Supply and Demand

The upcoming halving is designed to reduce the rate of new Bitcoin available on the market. It's just one of many reasons to be bullish, ETF issuers say.Source link

Crypto Action in Senate Remains on Back Burner: Sources

Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.Source link

Pudgy Penguins Have Sold $10 Million Worth of Toys—Now Walmart Wants More

A second line of Pudgy Penguins NFT toys will launch in an expanded pact with Walmart that includes over 50% more stores.Source link