Straits Times Index
3,270.98 -11.90 (-0.36%) Nikkei
27,999.96 -249.28 (-0.88%) Hang Seng
20,003.44 -42.33 (-0.21%) FTSE 100
7,502.80 +20.43 (+0.27%) BTC-USD
23,302.71 -877.41 (-3.63%) CMC Crypto 200
541.81 -15.54 (-2.79%)
BLK Jan 2023 470.000 put
| Previous close | 7.75 |
| Open | 7.75 |
| Bid | 5.00 |
| Ask | 7.70 |
| Strike | 470.00 |
| Expiry date | 2023-01-20 |
| Day's range | 7.75 - 7.75 |
| Contract range | N/A |
| Volume | |
| Open interest | 127 |
- Yahoo Finance UK
Coinbase share price spikes after BlackRock deal
Coinbase shares have soared almost 100% from a 52-week low after the crypto exchange announced a partnership with BlackRock.
- Financial Times
Coinbase: BlackRock deal will not put crypto platform in the black
The fortunes of Coinbase, the largest listed US cryptocurrency exchange, are inextricably tied to the price of bitcoin, the world’s largest cryptocurrency. It makes sense that a crash in crypto prices would leave Coinbase shares down by almost two-thirds since the start of the year. News that Coinbase has partnered with BlackRock — an asset manager with more than $8tn in assets — has helped add more than a tenth to Coinbase’s equity value.
- Financial Times
BlackRock comes to Coinbase’s rescue
One bit of programming to start: school’s out for summer. This newsletter will be back for the autumn term on September 5. Larry Fink, chair and chief executive of BlackRock, seems to have changed his tune a bit since he uttered those words back in October 2017.
