tl;dr
The US SEC has requested an extension for the completion of fact discovery in the SEC v Coinbase lawsuit, pushing the deadline to February, after the elections. This unexpected pause raises speculation, as it will be the first extension in the case. Meanwhile, Coinbase CLO Paul Grewal disclosed prog...
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US SEC seeks extension for fact discovery in Coinbase lawsuit - Coinbase CLO Paul Grewal discloses progress on FOIA suit and crypto regulations
The US SEC has requested an extension for the completion of fact discovery in the SEC v Coinbase lawsuit, pushing the deadline to February, after the elections. This unexpected pause raises speculation, as it will be the first extension in the case.
Meanwhile, Coinbase CLO Paul Grewal disclosed progress on the FOIA suit and crypto regulations, highlighting setbacks faced by the SEC and opposition to crypto legislation.
US SEC v Coinbase lawsuit sees unexpected pause as the agency asks the court to extend discovery deadline to February, a post-elections date. By Varinder Singh 2 hours ago.
US SEC seeks an extension of the deadline to complete fact discovery by four months. Defendants Coinbase Inc and Coinbase Global Inc have agreed to the requested extension after elections.
The SEC has faced multiple setbacks including regret over using “crypto asset securities” in crypto cases, lawsuits, and investigations on SEC Chair Gary Gensler, and loss in the Ripple case. Coinbase CLO Paul Grewal disclosed progress regarding the FOIA suit against FDIC to get the “pause letters” sent to financial institutions indicating that they debanked crypto firms. Meanwhile, Democrat leaders are against crypto legislation and claims that the bipartisan crypto legislation FIT 21 and the proposed rollback of SAB 121 accounting rules are “particularly harmful pieces of legislation” and the work of “extreme MAGA Republicans.”
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ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of electric vehicles and batteries.
Industry: TECHNOLOGY
Sector: GENERAL
Market Cap: 3,956,408,000
Dividend Yield: None
P/E Ratio: None
Change: -4.92
Price: 314.05
% Change: -0.133
Volume: 65,179,341,000
EPS: 31.04
52-week High: 0.584
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Stock Analysis Report: Emeren Group Ltd, ReneSola Ltd
Emeren Group Ltd, a company specializing in solar energy projects, is headquartered in Stamford, Connecticut. It operates within the manufacturing and semiconductors & related devices sector.
Key Financial Data:
Market Cap: 122.499M
Revenue: 103.577M
EPS: -0.31
PE Ratio: -0.163
Shares Outstanding: 4.38M
Dividend Yield: -0.924
Beta: -0.112
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Stock Market Analysis: C3 Ai Inc (C3)
C3 Ai Inc (C3) operates in the Technology, Services-Prepackaged Software sector with a market capitalization of $2.96 billion.
The stock exhibited a price change of -2.28, closing at $2.674. The relative strength index (RSI) stood at -0.855.
The trading volume for C3 was 325,433,000, with a closing price of $25.11. The stock showed no movement in the moving averages.
The Bollinger Bands indicator suggested a volatility of 0.205.