According to Eleanor Terrett, the SEC has requested a 28-day extension, until March 14, 2025, to respond to Coinbase's petition to file an interlocutory appeal. This delay is attributed to the potential impact of the SEC's new crypto task force on their decision-making process.

According to @EleanorTerrett, today marks the SEC's deadline to respond to Coinbase's request for an interlocutory appeal. This decision is critical for traders as it may significantly impact Coinbase's legal standing and future regulatory obligations. Investors should monitor this development closely as it could influence Coinbase's stock and crypto market dynamics.

According to Eleanor Terrett, Coinbase is in a unique position among crypto firms in litigation as their lawsuit has been halted. Judge Failla granted the company permission to file an interlocutory appeal at the Second Circuit, potentially impacting trading strategies and legal positioning.