Summary
Block Tao - TradingKey financial editor, holds professional certificates in futures, gold, securities industry and publishing research reports.
Areas of Expertise
With 8 years of experience in the cryptocurrency industry, he specialise in analysing the fundamentals and price trends of cryptocurrencies.
Experience
Since 2023, he has worked as a financial editor at TradingKey, writing in-depth analysis on cryptocurrencies, commodities, and more. He previously worked at several well-known Web 3.0 institutions.
Total 1023 articles
Head-to-Head With Coinbase. Robinhood Launches Own Public Chain, Sending Stock Surging 8%, Is the $110 Make-or-Break Line About to Be Broken?
Robinhood’s release of multiple positive catalysts has ignited its stock price, which is poised for further gains to break through the key resistance level of $110.
Thu, Jul 2
Korean Stocks Fall Again in Afternoon Session; KOSPI Drops Below 8000 Level as SK Hynix Plunges 9% and Samsung Slumps 7%.
South Korean stocks plummeted in morning trading, triggering circuit breakers. The KOSPI index remained under pressure in the afternoon, with share prices of Samsung Electronics and SK Hynix both hitting fresh lows of nearly half a month.
Thu, Jul 2
Elon Musk Personally Pours Cold Water. SpaceX Shares Plunge 8% Ending Three-Day Rally as AI Equipment Rumors Are Strongly Denied.
The FAA's issuance of regulatory requirements and Elon Musk's denial of AI equipment—two major pieces of negative news—have triggered a plunge in SpaceX's stock price, which may "test the bottom" again at $150 in the short term.
Thu, Jul 2
Japan and South Korea Stocks Bloodied at Open, Kioxia Tumbles 10%, Samsung and SK Hynix Plunge 7%
Japanese and South Korean stock markets plunged at the open. The KOSPI index fell over 6%, while the Nikkei 225 index again surrendered the 70,000-point mark. Kioxia plummeted 10%, and both Samsung Electronics and SK Hynix dropped by approximately 7%.
Thu, Jul 2
Japan and South Korea Stocks Diverge: Nikkei 225 Rises Slightly, Samsung Plunges Nearly 6% Dragging Down Kospi as SK Hynix and Kioxia Are Not Spared
Japanese and South Korean stock markets mixed, with the KOSPI index tumbling over 2% and the Nikkei 225 index rising slightly. Samsung Electronics plummeted nearly 6%, while SK Hynix and Kioxia followed the decline.
Wed, Jul 1
Bitcoin Faces Bear Trap. What Signals Are Released After Rapidly Surging Post Brief Dip Below $58,000?
Bitcoin's rapid rebound today after dipping below $58,000 reflects a technical rally following a short-term decline, rather than a trend reversal.
Wed, Jul 1
Stablecoin Market Shakes Up. Wall Street Launches New Stablecoin OUSD as Circle Shares Plunge Over 17% After Hours.
Over 140 financial institutions have jointly launched OUSD, breaking Circle's monopoly on profits and triggering a sharp decline in its share price to around $60.
Wed, Jul 1
Japan and South Korea Stocks Surge at Open. SoftBank Leads With Over 4% Gain as Kioxia, Samsung, and SK Hynix Rally Together
Japanese and South Korean stock markets opened higher, with the Nikkei 225 Index nearing its previous high. SoftBank led the gains, rising over 4%, while Kioxia, Samsung Electronics, and SK Hynix followed suit.
Wed, Jul 1
Asian Stocks Rally: Nikkei Reclaims 70,000, Samsung Jumps 4% to Lead Chip Stocks, SoftBank, Kioxia, SK Hynix Soar
Japanese and South Korean stock markets rallied in tandem, with the Nikkei 225 Index reclaiming the 70,000-point mark. Samsung Electronics surged over 4%, while SK Hynix, SoftBank, and Kioxia followed suit.
Tue, Jun 30
US-Iran Talks Hit Nonfarm Payrolls Bombshell: Bitcoin Bull-Bear Battle Set to End $60,000 Deadlock?
With US-Iran negotiations and non-farm payrolls data approaching, Bitcoin's range-bound trend is set to break, with a potential drop to $50,000.
Tue, Jun 30
OpenAI IPO Reversal? SpaceX Surges 7%, AI Stocks Fully Recover, Analysts See No Need to Delay Listing
Although the rebound in SpaceX and AI stocks has created a favorable external environment to drive OpenAI's listing this year as scheduled, its own losses still cannot be ignored.
Tue, Jun 30
Japan, South Korea Stocks Rise in Early Trade; Samsung, SK Hynix Soar, SoftBank, Kioxia Track Gains
The KOSPI and Nikkei 225 both opened higher, led by gains in Samsung Electronics and SK Hynix, with SoftBank and Kioxia also tracking higher.
Tue, Jun 30
Samsung Electronics’ Largest Investment in History. Stunning Announcement of '2,655 Trillion Won' Plan Exceeding Expectations, Will Stock Price Hit Another Record High?
Samsung Group announced a larger-than-expected 2,655 trillion won investment plan, with its stock price poised to rebound and reach new highs.
Mon, Jun 29
Japan and South Korea Stocks See 'Drop Before Rally.' SoftBank Plunges 5%, SK Hynix Defies Trend to Lose Only 1%
The KOSPI and Nikkei 225 staged a "fall-then-rise" trend, as SoftBank plunged over 5%, Samsung Electronics and Kioxia fell about 4%, and SK Hynix dropped around 1%.
Mon, Jun 29
OpenAI Delay Effect Hurts Bulls: SoftBank Shares Continue to Fall Over 6% and Lose 6,000 Level, Where Is the Next Support Level?
Delays in OpenAI's IPO and its financial losses continue to weigh on SoftBank's stock price, which plunged below 6,000 yen today and may test the 4,800–5,000 yen range.
Mon, Jun 29
Japan and South Korea Stocks Open Lower; KOSPI Tumbles 3% to Lead Asian Tech Stocks, Samsung Electronics, SK Hynix and SoftBank Pull Back in Tandem
The KOSPI and Nikkei 225 indices continued to pull back, as Samsung Electronics, SK Hynix, SoftBank, and Kioxia fell across the board.
Mon, Jun 29
Ark Invest Buys SpaceX Dip Against the Trend, Why Cathie Wood Is Bullish on Musk’s ‘Orbital Computing Power Empire’
If you believe in "Space + AI Edge Computing," SpaceX stock could be considered for the long term. In the short term, SpaceX's stock price has corrected from its peak of $225 to around $154, deflating much of the speculative bubble from its early IPO phase and returning to a reasonable strategic allocation range.
Sun, Jun 28
Cathie Wood Aggressively Buys Coinbase; What Other Crypto Stocks ARK Invest Holds, Latest Holdings List Revealed
In addition to Coinbase, Cathie Wood holds numerous crypto stocks, including Robinhood, Circle, and Block.
Sat, Jun 27
'Bitcoin Shadow Stock' Myth Shattered? MicroStrategy Suffers 8-Day Decline, Stock Price Hits 2024 Low
Strategy's share price has fallen for eight consecutive trading days, registering a cumulative decline of 36%, and may continue to slide toward $65 in the short term.
Fri, Jun 26
South Korea Stocks Trigger Circuit Breaker Again, Nikkei 225 Loses 70,000, OpenAI’s Planned Listing Delay Slams SoftBank Down Over 12%
Japanese and South Korean stock markets suffered a "Black Friday" as the KOSPI Index and the Nikkei 225 plummeted, erasing yesterday's gains. SoftBank, Kioxia, Samsung Electronics, and SK Hynix plunged in unison.
Fri, Jun 26