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In a contrasting development, Coinbase shares have surged following the news that the SEC is dropping its lawsuit against the leading cryptocurrency exchange. Initially sued in 2023 for allegedly operating an unregistered securities exchange, for failing to adequately register its crypto staking program, Coinbase’s stock is benefiting from regulatory relief. Meanwhile, Celsius Holdings, an energy drink company, has seen a dramatic increase in share value after announcing its acquisition of rival Alani New.