Crypto's Limp BlackRock Response Is a Clear Tell; If not even a vote of confidence from the world's largest asset manager can spark a rally, then the bear market is far from over. Jared Dillian – Bloomberg You would think the news that Coinbase Global Inc. had entered into a partnership with BlackRock Inc. to help institutional investors manage and trade Bitcoin would energize the slumping cryptocurrency market. After all, if the world's largest asset manager is interested in transacting in Bitcoin, it would mean Bitcoin and crypto in general had just been given its imprimatur. That is what the crypto folks have been looking for all along, which is some recognition that crypto is a legitimate asset class to go along with equities, fixed income, commodities and currencies. /jlne.ws/3zGaMCA