Major Exchange to Delist 16 Cryptocurrencies: Key Updates in the Crypto Market
By Valeria Blokhina
June 17, 2025
In a significant shakeup for cryptocurrency traders, major exchange OKX has announced plans to delist 16 trading pairs. This decision follows user feedback and adheres to the exchange’s Token Delisting/Hiding Guidelines. The delisting will take effect from June 20, 2025, and is meant to streamline the exchange’s offerings.
Details of the Delisting
The trading pairs that will be affected include:
- ALCX/USDT
- ALCX/USD
- NULS/USDT
- NULS/USD
- MDT/USDT
- MDT/USD
- BORA/USDT
- BORA/USD
- CTXC/USDT
- CTXC/USD
- XNO/USDT
- XNO/USD
- VENOM/USDT
- VENOM/USD
- RADAR/USDT
- RADAR/USD
As part of this process, OKX suspended deposits for these cryptocurrencies on June 16, 2025, advising users to manage or liquidate their holdings swiftly. Moreover, withdrawals for the delisted tokens will cease entirely on September 20, 2025, at 8:00 a.m. UTC.
Exciting Developments for XRP Holders
In other cryptocurrency news, XRP holders are eagerly anticipating a crucial date. Purpose Investments has announced the launch of North America’s first spot-based XRP ETF on June 18. This ETF will be the first of its kind approved by the Ontario Securities Commission and will allow investors direct exposure to XRP. This development is seen as a significant milestone for XRP, which previously only saw ETF offerings in jurisdictions like Brazil.
This launch follows the earlier introduction of a similar ETF in Brazil by Hashdex, showcasing a growing acceptance and interest in cryptocurrency investment products.
Surging Interest in Shiba Inu
Additionally, Shiba Inu has recently garnered immense attention, with an astonishing 11.44 trillion SHIB transacted in just 24 hours. The spike in trading activity indicates a significant surge in interest, possibly influencing the cryptocurrency’s market dynamics. This comes at a time when open interest in Shiba Inu trading has also been noted to skyrocket, suggesting that speculators and investors are actively positioning themselves for potential price movements.
Conclusion
These developments highlight the fast-paced nature of the cryptocurrency market, with exchanges like OKX taking steps to refine their offerings while new investment vehicles, such as the XRP ETF, pave the way for broader market participation. As the crypto landscape continues to evolve, stakeholders are encouraged to stay informed and prepared for the changing tides of digital asset trading.
As always, individuals considering investments should conduct thorough research and consult financial experts to mitigate potential risks associated with trading in cryptocurrencies.