Coinbase’s Strategic Cleanup: Five Altcoins Delisted in Market Standards Review

Coinbase has removed five altcoins—Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ—from its platform as part of its ongoing commitment to maintaining high listing standards. This decision underscores the exchange’s influence in the crypto market and may lead to increased volatility for the affected assets.

Coinbase Delists Five Altcoins in Latest Exchange Cleanup

Coinbase has announced the delisting of five altcoins—Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ—citing ongoing reviews of listing standards. The exchange emphasized its routine monitoring process, though the decision carries weight given Coinbase’s influence in the market.

Delistings often trigger volatility, as traders react to perceived risks or dwindling liquidity. However, this move appears procedural rather than reactive to specific controversies. Bitcoin’s price held steady NEAR $97,660 during the announcement, suggesting limited spillover effects on major assets.

Kevin O’Leary Predicts Crypto as 12th U.S. Economic Sector

Kevin O’Leary, the prominent investor known as "Mr. Wonderful" from Shark Tank, has declared that cryptocurrency is poised to become the 12th sector of the U.S. economy within five years. His bullish stance comes as Bitcoin trades above $100,000, reinforcing his commitment to digital assets.

O’Leary holds a 19% portfolio allocation in crypto and related equities, including stakes in Coinbase, Robinhood, and WonderFi. "Volatility benefits exchanges," he noted, emphasizing how market fluctuations drive revenue for trading platforms regardless of price direction.

For yield-seeking investors, O’Leary advocates USDC stablecoins over traditional savings accounts, citing their 3.8% yield advantage. His keynote at Consensus 2025 in Toronto will likely expand on these themes as institutional adoption accelerates.

SEC Signals Shift in Crypto Regulation Approach Amid Growing Pressure

The U.S. Securities and Exchange Commission (SEC) appears poised for regulatory reform as the Department of Government Efficiency (DOGE) solicits public input. Under President Trump’s administration, the SEC has adopted a less confrontational stance toward cryptocurrencies, evidenced by the appointment of crypto-friendly officials and the dismissal of multiple enforcement actions.

Coinbase Chief Legal Officer Paul Grewal has submitted policy recommendations following the DOGE’s request for feedback. This development reflects mounting pressure on regulators to refine their digital asset framework, with industry participants watching for potential Ripple effects across markets.