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Crypto Analyst Explains Why Coinbase Could Be Listing These 4 Altcoins Soon

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Crypto Analyst Explains Why Coinbase Could Be Listing These 4 Altcoins Soon


Recently, crypto analyst and influencer Tyler Swope explained the detective work that has led him to believe that the four cryptoassets mentioned in this article have a good chance of getting listed by Coinbase “very soon.”

In a YouTube video released last Friday (April 9), the host of the “Chico Crypto” YouTube channel, said that, it is clear from a blog post published by Coinbase on 31 July 2020 that Coinbase has been considering adding support for red-hot blockchain-powered video delivery network Theta Network ($THETA) at least for the past eight months; Swope thinks that Coinbase could be announcing support for THETA as early as later this month.

As for his next two picks, Swope says that via a blog post published on 17 June 2020, Coinbase introduced Rosetta, “an open-source specification and set of tools that makes integrating with blockchains simpler, faster, and more reliable.”

Here is what Coinbase said back then:

As open source software, Rosetta is easy for anyone to contribute to, and some blockchain teams have already started providing feedback and support. These teams include Filecoin, Celo, Near, Oasis, Coda, Ontology, Kadena, Handshake, Blockstack, and Sia...




Implementing the Rosetta tools and/or guidance found on the Rosetta website does not guarantee an asset to be listed on Coinbase. Coinbase evaluates prospective assets against our Digital Asset Framework to assess factors like security, compliance, and the project’s alignment with our mission of creating an open financial system for the world.

Swope says since June 2020, only two of the cryptoassets in the above list — Filecoin and Celo — have been added to Coinbase, but he expects Kadena ($KDA) and Handshake ($HNS) to also get added to Coinbase since these were the first and second projects to integrate with Rosetta.

As for his last pick, PoolTogether ($POOL), Swope says this project has previously received an investment by Coinbase and it is also one of the projects that supports WalletLink, “an open protocol that lets users connect their mobile crypto wallets to your DApp.”

Featured Image Credit: Photo via Pexels.com

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a high risk of financial loss.



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