Coinbase and Binance Announce Decisions Affecting 4 Altcoins as Prices Fall

Coinbase and Binance Announce Decisions Affecting 4 Altcoins as Prices Fall

Coinbase and Binance announced new decisions affecting four altcoins. Coinbase will suspend trading for Balancer (BAL) and Tensor (TNSR) on November 9, while Binance has added Biconomy (BICO) and Civic (CVC) to its Monitoring Tag list. All four tokens posted daily losses around midday on October 9, with CVC recording the steepest decline.

The exchanges’ decisions differ in scope. Coinbase is preparing to remove trading support for two tokens, while Binance’s designation places BICO and CVC under closer review.

Coinbase to suspend BAL and TNSR trading

According to Coinbase’s official announcement dated October 8, trading for BAL and TNSR will be suspended on November 9, 2026, at approximately 2 p.m. ET. The decision covers Simple and Advanced Trade on Coinbase.com, as well as Coinbase Exchange and Coinbase Prime.

The exchange said the decision followed its latest reviews against its listing standards. However, it did not provide separate reasons for either project.

Coinbase has moved its BAL and TNSR order books to limit-only mode during the transition. Users can place limit orders, cancel existing orders, and have orders matched when conditions allow.

The removal of trading support will not end users’ access to their holdings. Coinbase confirmed that BAL and TNSR balances will remain accessible and withdrawals will continue.

Binance adds BICO and CVC to its monitoring list

In its October 9 announcement, Binance said it had applied the Monitoring Tag to BICO and CVC. The designation covers tokens that exhibit higher volatility and risk compared with other listed assets.

Projects carrying the tag undergo regular reviews. Assets that fail to meet listing standards may face removal from the exchange in the future.

Binance’s review criteria include team activity, the quality of development work, trading volume, and liquidity. Network security, public communication, and significant changes to token supply also factor into its assessments.

However, the exchange did not disclose which criteria led to BICO and CVC being placed under monitoring. The announcement included no confirmed delisting schedule for either token and stated that other related services would remain unaffected.

All four altcoins decline, with CVC posting the largest loss

Price data recorded at approximately 12:19 p.m. Turkish time on October 9 showed BAL trading at $0.1269409, down 2.51% over the previous 24 hours. Its low and high during that period were $0.100992 and $0.130145, respectively.

BAL’s seven-day loss reached 5.95%. Its 30-day performance remained positive at 14.21%, preserving its monthly gain despite the daily and weekly declines.

TNSR, the other token affected by Coinbase’s decision, traded at $0.0365142 after falling 4.45%. Tensor’s 24-hour price range stood between $0.0349286 and $0.0384659.

BICO, which Binance added to its monitoring list, recorded a daily loss of 2.19%. Its price fell to $0.0197279 after trading between $0.018658 and $0.0203656 over the previous 24 hours.

CVCUSDT_2026-10-09_12-27-13.png

CVC recorded the largest daily loss among the four tokens. Civic traded at $0.0248619, down 9.11%, with a 24-hour price range of $0.0241333 to $0.0275695.

#altcoin#binance#coinbase#bico#civic
CalendarPublish Date
9 Oct 2026
CategoryCategory
Reading timeReading Time
2 Minutes
AuthorAuthor Name
JrKripto
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