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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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TRON network has reached a new milestone of 3,000 wrapped Bitcoins on its network.
Justin Sun hinted that Bitcoin will soon be available on the TRON ecosystem in the form of Wrapped Bitcoin in a similar move to what MakerDAO did on Ethereum.

Read briefly: https://bit.ly/3doU1Qs

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Quote Of The Day

“Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative”

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Jerome Powell, the U.S. Federal Reserve Chair, sounds quite unsure about releasing the CBDC in the U.S. His comments came in contrast with Bitcoin surpassing $11,500 and are now nearing $12,000.
Bitcoin closed at $11,764, which means it is now reaching the goal of $12,000 that most of the crypto analysts had predicted.

Read briefly here: https://bit.ly/34gc3Sm

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BTC breaking its current mark can take the price to an all-time high. And if so, can we dare predict what lies ahead of Bitcoin’s $20,000 mark this time?

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With an overall growth of 11%, buyers could not keep the price near the historical high, feeling strong pressure from sellers. However, the temporary transfer of the initiative to sellers did not affect the BTC market at all.

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Given the strong growth trend, the control of buyers in the range of $22,500-22,700 – the probability of breaking the triangle up is much higher.

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Even though the sharp fall in the BTC price on 21 December called into question the strength of buyers, the BTC market passed its strength test yesterday and today.

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The growth of the main cryptocurrency over time will stimulate the entire crypto market growth. The current situation may indicate the end of the 3-year bear market.

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With Bitcoin’s value reaching the $25,000 mark, it has broken down significant hurdles and has opened the doors for more investments in the crypto space.

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