Coinbase to Seek Dismissal of SEC Lawsuit Today

CoinShares has criticized MicroStrategy’s decision to pursue $42 billion in Bitcoin acquisitions, suggesting that the company should focus more on financial stability and bond attractiveness. MicroStrategy plans to fund the purchases by selling shares steadily over the next three years.

On November 5, voters across the U.S. will decide their next president in a contest that’s also attracting significant attention from the crypto sector. With Donald Trump and Kamala Harris running neck and neck, early results may be available as soon as the evening of November 6.

Binance’s legal counsel has submitted a fresh motion to the court, requesting the dismissal of the SEC’s updated complaint against the exchange.