Quick weekly news:
- After Ethereum, 'next stop will be higher risk alts,' says Bitcoin investor Raoul Pal: Read more here.
- 5 Reasons Why Bitcoin Isn’t Ready to be a Mainstream Asset: Read more here.
- Man offers city $72M to dig up accidentally discarded Bitcoin fortune: Read more here.
Other notable events include:
- Coinbase announced a new issuance portal
- Looking for a new indicator for trading
Coinbase crowdsources coins
The popular exchange announced the Asset Hub yesterday, a new issuance portal that would allow users to nominate a cryptocurrency to trade on the exchange. “We appreciate that the growth of the cryptoeconomy depends on the success of digital asset issuers, and we are committed to supporting issuers every way we can,” an executive said.
DOT matrix
As prices for Bitcoin and other cryptocurrencies continue to surge this year, many traders are looking for any indicator for when – or if – the bull market will come to an end. Some are convinced they have the answer: They are examining polkadot (DOT), the native token of the Polkadot blockchain, as a potential canary in the coal mine for cryptocurrency.
Also, be sure to check out top altcoin gainers and losers of the week:
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