Block Tao
498 Articles
TradingKey financial editor, holds professional certificates in futures, gold, securities industry and publishing research reports. He has 8 years of experience in the encryption industry and is good at analyzing the fundamentals and price patterns of cryptocurrency.
Written by Block Tao
Reviewed by Block Tao
U.S. July CPI Report Looms — Will Bitcoin Hit a New High or Face a Pullback
On Tuesday, August 12, Bitcoin (BTC) failed to extend its recent rally, falling below the $120,000 mark. Over the past 24 hours, BTC dropped more than 2%, currently trading at $118,985, as investors brace for key macroeconomic data.
Tue, Aug 12
Bakkt’s Mixed Earnings Spark Debate Over Its Crypto Pivot
On Monday, August 11, digital asset platform Bakkt Holdings (NYSE: BKKT) reported mixed Q2 earnings, triggering a sharp sell-off in its stock.
Tue, Aug 12
Block Set to Launch Bitcoin Mining Chip — Ark Invest Makes Aggressive Stock Buyback
Less than a month after trimming its position, Cathie Wood’s Ark Invest has made a surprising move: purchasing $19.2 million worth of Block (NYSE: XYZ) shares. The buyback comes amid growing speculation around Block’s upcoming product launch and signals renewed confidence in the company’s crypto st
Tue, Aug 12
BitMine Scoops Up Over 300,000 ETH in One Week — Stock Soars 10% in Pre-Market Trading
BitMine is now the third-largest crypto treasury globally, trailing only MicroStrategy and MARA Blockchain, and ranks as the 25th most liquid U.S. stock, trading an average of $2.2 billion per day.
Mon, Aug 11
Stablecoins Hit All-Time High — What Does It Really Mean for the Crypto Market?
On Monday, August 11, the global stablecoin market reached a new milestone, with total capitalization climbing to $281.3 billion, according to CoinMarketCap. This marks the highest level in history and signals renewed momentum across digital asset markets.
Mon, Aug 11
Ethereum Hits 3-Year High — ETH-Linked Stocks Surge in U.S. Pre-Market Trading
On Monday, August 11, Ethereum (ETH) rallied to its highest level since December 2022, sparking a wave of gains across ETH-related equities in U.S. pre-market trading.
Mon, Aug 11
Bitcoin Surges Toward All-Time High — Economists Warn of a New Tech Bubble
The surge has prompted warnings from economists like Henrik Zeberi, who claims Bitcoin’s correlation with the Nasdaq suggests we’re entering “Tech Bubble 2.0.” He argues that speculative excess and macro distortions are inflating asset prices beyond fundamentals.
Mon, Aug 11
Ripple vs. SEC Lawsuit Officially Ends — XRP Spot ETF Approval Odds Surge to 88%
On Friday, August 8, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) officially ended their multi-year legal battle, jointly filing to dismiss appeals in the Second Circuit Court.
Fri, Aug 8
Ethereum Nears $4,000 — Institutional vs. Retail Tug-of-War Intensifies
On Friday, August 8, Ethereum (ETH) surged over 7% in 24 hours, briefly touching $3,968 before settling around $3,911, driven by a wave of bullish catalysts including President Trump’s executive order allowing 401(k) retirement plans to invest in crypto assets.
Fri, Aug 8
Trump Opens 401(k) Access to Crypto — Altcoins May Benefit Most in the Short Term
On Friday, August 8, the crypto market surged nearly 4%, adding over $150 billion in net inflows after President Donald Trump signed an executive order allowing 401(k) retirement plans to invest in cryptocurrencies and other alternative assets.
Fri, Aug 8
World’s First RWA Registration Platform Launches in Hong Kong — Outpaces U.S. Yet Again
On Thursday, August 7, Hong Kong officially launched the world’s first Real World Asset (RWA) registration platform, marking a major milestone in the convergence of traditional finance and blockchain innovation.
Thu, Aug 7
Bakkt Targets Japan’s Marusho Hotta with 30% Acquisition — A Strategic Push into Bitcoin Treasury
Despite the strategic significance, Bakkt’s stock rose just 2.52% to $9.77, remaining near its 2025 lows. Analysts suggest the market may be waiting for Bitcoin to break above $120,000 before pricing in upside potential.
Thu, Aug 7
Cao Cao Mobility Surges 20% After Announcing Entry into Stablecoins and RWA Tokenization
On Thursday, August 7, shares of Cao Cao Mobility (HK.2463) soared over 20% intraday, hitting a peak of HK$61.50, marking the company’s largest single-day gain since its IPO. By midday, the rally had slightly cooled, with the stock trading at HK$58.80, up 19%.
Thu, Aug 7
Federal Reserve Signals Major Shift — Explores Using Gold Reserve Gains to Fund Bitcoin Holdings
On August 7, the Federal Reserve released a research note exploring the possibility of using valuation gains from U.S. gold reserves to fund a Strategic Bitcoin Reserve, marking a dramatic shift in its stance toward digital assets.
Thu, Aug 7
What Are Meme Coins? From DOGE to SHIB, PEPE to PENGU — The Hype, the Culture, and the Risk
Meme coins are cryptocurrencies inspired by internet culture — often humorous, ironic, or satirical in nature. Unlike Bitcoin (BTC) or Ethereum (ETH), which aim to solve technical or financial problems, meme coins thrive on community hype, viral storytelling, and low entry barriers.
Wed, Aug 6
Crypto Stocks Rebound in Pre-Market — Except Circle, Which Continues to Slide
Circle (CRCL) bucked the trend, slipping another 0.58% to $151, extending its recent downtrend.
Wed, Aug 6
Trump’s Stablecoin Law Spurs Treasury Demand Surge — GENIUS Act Reshapes U.S. Debt Market
Following the enactment of the GENIUS Act, the U.S. Treasury has ramped up short-term debt issuance to meet rising demand driven by stablecoin collateral requirements.
Wed, Aug 6
Coinbase Plunges for 12 Straight Sessions — Wall Street Analysts Sharply Divided
TradingKey – Shares of Coinbase Global Inc. (NASDAQ: COIN) have tumbled more than 30% over the past 12 trading days, with analysts split on the company’s
Wed, Aug 6
Are Stablecoins Cash or Just Hype? SEC Issues Interim Accounting Guidance
On August 5, the U.S. Securities and Exchange Commission (SEC) released interim accounting guidance that allows qualifying USD-pegged stablecoins to be treated as cash equivalents on corporate balance sheets.
Tue, Aug 5
Billionaire Buys Over 5,000 Yuga Labs NFTs — Value Play or Catching a Falling Knife?
U.S. billionaire Adam Weitsman has made headlines with his acquisition of more than 5,000 NFTs from Yuga Labs, including Otherdeeds, Mega Kodas, and Weapon Kodas, in what he describes as a long-term investment in the Otherside metaverse.
Tue, Aug 5
