• Coinbase Announces Partnership with Optimism (OP)
• Orbeon Protocol (ORBN) Sells $800,000 ORBN Tokens in 24 Hours
• Bitcoin (BTC) Takes a Breather
Coinbase Partners With Optimism (OP)
Coinbase announced its partnership with Optimism (OP), an Ethereum (ETH) scaling solution that leverages a technique called optimistic rollups to process transactions faster and cheaper than on the main blockchain. As projects and individuals turn to Coinbase’s new layer-2 platform, called Base, for their operations, it’s likely that Optimism (OP) will gain significant traction in the crypto market. This news sent Optimism (OP) prices soaring.
Orbeon Protocol Sells $800,000 ORBN Tokens
Orbeon Protocol (ORBN) is a decentralized finance (DeFi) platform that is disrupting the traditional financial system by allowing users to access digital assets and services in a secure and trustless environment. The project recently sold $800,000 worth of ORBN tokens in just 24 hours, demonstrating its growing popularity among investors.
Bitcoin Takes a Breather
Bitcoin (BTC), the world’s leading cryptocurrency by market capitalization, has been on an incredible bull run since the start of 2021. After reaching an all-time high of over $68,000 earlier this year, BTC experienced a sharp correction that saw its value plummet to under $16,000 at one point. However, Bitcoin is off to a strong start again this year and has rebounded to around $25,200 at present. Despite most analysts predicting further gains for BTC in 2021, some are warning of another potential correction as Bitcoin takes a breather from its recent highs.
Conclusion
This week saw some major news stories emerge from the crypto markets – Coinbase announcing its partnership with Optimism (OP), Orbeon Protocol selling $800k worth of ORBN tokens within 24 hours and Bitcoin taking a breather after hitting record highs earlier this year. While there is much optimism surrounding these developments in the crypto space right now; only time will tell how far these projects can go and if they can truly revolutionize the world of finance as we know it today.
Where To Buy Tokens?
For those who wish to purchase tokens from either project mentioned here – please visit: [Link]