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Coinbase Stock Soars on BlackRock Partnership News

“Calls that crypto is dead have been overdone,” said Edward Moya, senior market analyst for the Americas at OANDA. “In fact, crypto is alive and well. BlackRock has partnered with CoinBase to make crypto available to institutional investors. This is a much needed positive news for crypto traders and should provide some optimism for the longer-term health of the cryptoverse.”