Block Tao

On Tuesday, August 19, Bitcoin (BTC) continued its downward slide, falling nearly 1% and briefly dipping below $115,000, marking a three-week low. Ethereum (ETH) also dropped more than 2%, trading near $4,200, its lowest level in a week.

Since last Thursday, BTC has dropped more than 7%, eroding investor confidence and raising the risk of a retest of the August 2 low near $110,000.

On July 17, the U.S. Department of the Treasury announced it is exploring the integration of digital identity verification tools into decentralized finance (DeFi) protocols. 

On Monday, August 18, Ethereum (ETH) extended its decline, falling over 4% to $4,289. Since last Thursday, ETH has dropped nearly $500, marking a cumulative loss of more than 10%. Analysts warn that the recent surge in staking withdrawals could continue to pressure ETH’s price downward.

On Monday, August 18, Chinese equities surged across the board, with all three major indexes posting strong gains. 

Token burning is the permanent removal of cryptocurrency from circulation, similar to stock buybacks in traditional finance. Tokens are sent to a “burn address” or “blackhole address” — wallets with no private key access — making them unrecoverable and unusable.

On Friday, August 15, stablecoin giant Circle (NYSE: CRCL) continued its downward trend in pre-market trading, falling 1.77% to $136.76. Since peaking in late June, Circle’s stock has retraced sharply, with a maximum drawdown of 54% from its all-time high.

On Friday, August 15 at 11:00 a.m. ET, SEC Chairman Paul Atkins delivered a major policy speech outlining the agency’s new initiative: ProjectCrypto. 

With rate cut expectations now in flux, crypto assets may struggle to regain momentum. Analysts warn that Bitcoin could retest the $110,000 support zone, which held firm during early August despite heavy selling pressure.

Standard Chartered Bank has revised its year-end ETH price target from $4,000 to $7,500.

With a diversified product suite, high-value crypto reserves, and backing from top-tier investors, Bullish could attract significant market interest and potentially outperform Circle in post-IPO performance.

This milestone places Bitcoin as the fifth-largest asset globally, trailing only gold (XAUUSD), Nvidia (NVDA), Microsoft (MSFT), and Apple (AAPL).

A 401(k) is the most widely used retirement savings plan in the U.S., governed by Section 401(k) of the Internal Revenue Code. It allows employees to contribute a portion of their salary into a tax-advantaged account, typically invested in traditional assets like stocks and bonds.

On Wednesday, August 13, Ethereum (ETH) extended its rally, surging more than 8% in the past 24 hours to reach a high of $4,682, its strongest level since November 2021.

On Tuesday, August 12, Intel Corporation (NASDAQ: INTC) extended its recent gains, rising 3.24% in pre-market trading to $21.35. This follows a 5% intraday surge on Monday, with the stock closing up 3.66%, driven by speculation surrounding a potential revenue-sharing agreement with the Trump admini

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.

On Monday, August 11, digital asset platform Bakkt Holdings (NYSE: BKKT) reported mixed Q2 earnings, triggering a sharp sell-off in its stock.

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

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.

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.