Block Tao

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.

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.

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. 

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.

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.

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. 

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.

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%.

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.

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.

Circle (CRCL) bucked the trend, slipping another 0.58% to $151, extending its recent downtrend.

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. 

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

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.

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.

Independent analyst Markus Thielen believes Wall Street investment banks may be intentionally supporting Bitcoin’s price to create favorable IPO conditions.

Despite Bitcoin’s relatively muted recovery, altcoins are showing strong upside, with market sentiment turning decisively bullish.

On Monday, August 4, Bitcoin (BTC) rebounded sharply, rising over $2,000 to $114,000, snapping a five-day losing streak that began on July 28. 

On Friday, August 1, Trump Media & Technology Group (Nasdaq: DJT) reported a $20 million net loss for Q2 2025, sending its stock down 3.81% to $16.92, revisiting its lowest level this year.

On Monday, August 4, TRON’s native token TRX rose nearly 2%, ending a four-day losing streak and trading at $0.3296 at press time.