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This Little-Known Altcoin Could Be Next To Debut on Coinbase, According to Crypto Trader Tyler Swope

This Little-Known Altcoin Could Be Next To Debut on Coinbase, According to Crypto Trader Tyler Swope


Popular cryptocurrency trader and influencer Tyler Swope is tracking the launch of new coins on the US-based crypto exchange Coinbase.

Swope is praising Coinbase for recently listing privacy layer Keep Network (KEEP), after the top crypto exchange abruptly added support for four crypto assets.

 

“With Coinbase’s last Pro additions, including Shiba Inu, there was one which held true to the core of crypto and that is the Keep Network!”

Swope notes that the KEEP listing on Coinbase Pro coincides with the approval of the Keanu proposal which will see the Keep Network and decentralized cryptography network NuCypher (NU) merge.

The crypto trader adds that this merger could allow Coinbase to support tBTC – an open-source project which allows the use of Bitcoin on Ethereum’s decentralized finance (DeFi) applications.

“Coinbase Pro has added the Keep Network, just after the Keanu proposal passed. Coinbase has mentioned they are looking to add tBTC for some time. Last October, they said they were looking at it for custody and then in December, it was actually added to custody, along with NuCypher.

So by combining the two networks, NuCypher and Keep, the tBTC v2 node network will be robust and big enough, AKA decentralized enough, for Coinbase to move tBTC to the pro exchange and finally to their regular application.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/somchaij





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