by aria-ratings.com
July 9, 2025 at 20:21
Bitcoin Surges to New Highs as Coinbase Expands Its Altcoin Listings
Coinbase, one of the leading cryptocurrency exchanges, has announced the listing of two new altcoins, Sky (SKY) and USDS (USDS), amid a historic surge in Bitcoin's price.
The addition of these altcoins to Coinbase's portfolio comes on the heels of a softer regulatory stance from the SEC, allowing for quicker listings than in the past.
Trading for SKY and USDS is set to begin tomorrow at 19:00 UTC+3, contingent upon adequate liquidity conditions.
Moreover, Coinbase cautioned users that both altcoins will only be supported on the Ethereum network, warning against sending them from different networks, which could lead to asset loss.
In a related development, Coinbase CEO Brian Armstrong has publicly speculated that MicroStrategy, which owns 597,325 bitcoins, likely stores its BTC using Coinbase Prime.
Despite Michael Saylor's hesitance to disclose proof of reserves, Armstrong revealed that eight of the top ten publicly traded companies holding BTC utilize Coinbase Prime.
This has sparked concerns among experts about the potential risks associated with social engineering and the security of custodial arrangements.
Research indicates that social engineering attacks account for a significant number of cybersecurity breaches.
Armstrong’s tweet raises questions about the transparency and security of cryptocurrency custodians, especially for major players like MicroStrategy.
As Bitcoin reaches new heights, the evolving landscape of crypto regulation and exchange functionalities continues to shape the market.
Recent geopolitical tensions have shifted focus onto the U.S. dollar and its role in global finance, with accusations aimed at the Biden administration for its handling of sanctions. Russian officials assert t...
USDT prices have surged in Argentina, reflecting a notable spike in demand for US dollars in the country. On July 8, the price of USDT exceeded 1,280 pesos, translating to approximately USD 1.02, marking a dev...
In a significant development for the cryptocurrency landscape, the U.S. Treasury has imposed sanctions on a North Korea-backed network of IT workers targeting crypto firms. This move aims to disrupt sophistica...
Ripple has entered into a significant partnership with BNY Mellon to serve as the primary custodian for its stablecoin, RLUSD. This collaboration is poised to enhance regulatory compliance and build institutio...
In a significant development for the cryptocurrency landscape in Russia, new regulations are set to impose fines of up to 1 million rubles on firms that pay employee salaries in crypto. This move comes as part...
The U.S. Securities and Exchange Commission (SEC) is reportedly reconsidering its stance on Ethereum, which could influence the future approval of Bitcoin exchange-traded funds (ETFs). BlackRock, a major playe...
South Korea is poised for a significant transformation in its crypto sector as the government proposes a regulatory overhaul for digital asset firms. The Ministry of SMEs and Startups aims to officially recogn...
Beginning January 1, 2026, cryptocurrency users in the UK will be mandated to provide specific personal information to their crypto service providers, or they may face significant fines. The required informati...
Robinhood's introduction of tokenized stocks for companies like OpenAI and SpaceX is creating considerable controversy. While the platform claims these tokens offer retail users exposure to pre-IPO firms, they...
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional Access