Investors cheer Coinbase’s new partnerships and attempts to reignite growth – TechCrunch

After the anti-hype cycle of Robinhood earnings, you might imagine investors are a little past the consumer trading game. Robinhood has carried the pandemic-driven consumer savings and investment boom to the very top and is now on the wane as active users falter, revenue dwindles and a second round of layoffs enacts.

And yet, this morning, Coinbase shares are up so much that the company has more than doubled from its recent lows. What’s happening? No earnings – Coinbase will not report until next week. Instead, an unlikely traditional financial company is in the mix. Let’s talk about BlackRock, Coinbase and what we can learn from Robinhood’s earnings that could impact the crypto giant.