Bitcoin is coming soon to the Ethereum network as a redeemable ERC-20 token named TBTC. 1 TBTC token will always to be tied to 1 Bitcoin. This is huge news for the Ethereum network, especially for Decentralized Finance (DeFi) projects. DeFi is huge right now and enables crypto asset holders a way to earn more crypto with smart contracts on the Ethereum network.

Bitcoin currently has a market capitalization of $151 Billion and Ethereum is current at $17 Billion. The public testnet is expected to lauch soon in Q1 of 2020 with a possible Q2 mainnet release.

Read more about this project in the links below.