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 1024 articles
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
Samsung Electronics and SK Hynix Drop Over 9% Instead of Rising; Memory Giants to Attend Government Meeting Next Week, Samsung Unveils 1,000 Trillion Won Chip Plant Expansion
Despite plans to attend a national conference next week, stock prices for Samsung Electronics and SK Hynix failed to rise and instead plummeted by over 9%.
Fri, Jun 26
Fed Rate Hike Alarm. PCE Bloodbaths Crypto Market, BTC Price Drops Below 59,000, Triggering Another Bull Massacre
The US May PCE data reinforced rate hike expectations, and Bitcoin prices broke yesterday's low, approaching $58,000.
Fri, Jun 26
Japan and South Korea Stocks Open Lower and Plunge 3%, Memory Giants Samsung, SK Hynix, and Kioxia Collectively Tumble
Japanese and South Korean stock markets opened lower and extended losses, with the KOSPI and Nikkei 225 indices falling around 3%, while Kioxia, SK Hynix, and Samsung Electronics plunged collectively.
Fri, Jun 26
Japan, South Korea Stocks Rally; Nikkei 225 Nears Previous High, Kospi Rises Over 5%, Memory Giants SK Hynix and Kioxia Soar Over 12%
Japanese and South Korean stocks surged 5% in a tsunami-like rally, with both Kioxia and SK Hynix skyrocketing over 12%.
Thu, Jun 25
Crypto Market Suffers Bloodbath: Bitcoin Falls Below $60,000 Again, Will This Pullback Slide to 50,000?
Impacted by the macroeconomic environment and traditional financial IPOs, crypto market liquidity remains constrained. Bitcoin has once again fallen below the $60,000 threshold, but has not yet disrupted its rangebound trend.
Thu, Jun 25
Japan and South Korea Stocks Soar: Nikkei 225 Reclaims 70,000, KOSPI Jumps 5%, SK Hynix and Kioxia Both Surge Over 10%
Nvidia and Micron eased chip-sector anxieties, driving sharp gains in Japanese and South Korean stock markets, with AI stocks such as Kioxia, SK Hynix, and Samsung Electronics leading the rally.
Thu, Jun 25
Ripple’s Bell-Ringing Countdown? CEO Talks Up IPO: Will XRP Holders Get a Piece of the Pie or Be Marginalized?
Ripple CEO Brad Garlinghouse stated that a public listing could include special arrangements for XRP holders, but why has the price of XRP failed to rise significantly?
Wed, Jun 24
Japan, South Korea Stocks Diverge: Samsung Electronics and SK Hynix Positive News Rescues Market, KOSPI Surges Over 3%, Nikkei Index Suffers Continued Decline
The Nikkei 225 Index extended its losses, while South Korea's KOSPI Index staged a sharp rebound, driven primarily by Samsung Electronics and SK Hynix.
Wed, Jun 24
Shares Stage Strong V-Shaped Recovery. Memory Chip Giant SK Hynix Plans $26 Billion US ADR Sale
Following Samsung Electronics, SK Hynix is accelerating its ADR process, boosting its stock price and driving an afternoon V-shaped recovery in the KOSPI index.
Wed, Jun 24
Korean Stocks Stage Major Comeback After Two Circuit Breakers; Samsung Electronics Surges on Rumors of Epic '90 Trillion Won' Share Buyback
The South Korean stock market staged a powerful rebound, led by Samsung Electronics, which surged over 7% on news of its share buyback.
Wed, Jun 24
Today’s Market Recap: Nasdaq Sinks on AI Infrastructure and Memory Chip Doubts
A tech-led rout dragged down the Nasdaq by 2.21% as global memory stock sell-offs, Nvidia Rubin production fears, and high AI infrastructure costs weighed heavily on investors.
Wed, Jun 24
Korean Stocks Trigger Circuit Breakers Twice in a Single Day; SK Hynix and Samsung Electronics Both Plunge 12%, Kioxia Tumbles Over 15%
Japanese and South Korean stock markets suffered a "Black Tuesday," as the KOSPI Index, Nikkei 225, Samsung Electronics, and Kioxia all plummeted.
Tue, Jun 23
SpaceX Rides a Rollercoaster: SPCX Plunges Over 16%, $20 Billion Debt Issuance Bearish News Triggers $150 Defense Line
SpaceX's debt issuance triggered market panic, and competition for AI talent has further exacerbated the decline, risking a fall toward its IPO price in the future.
Tue, Jun 23
South Korean Stocks Plunge to Trigger Circuit Breaker, Samsung and Hynix Suffer Bloodbath
The South Korean stock market triggered its second circuit breaker of June, as Samsung and SK Hynix were also hit by panic selling.
Tue, Jun 23
Today’s Market Recap: Greenspan Passes Away, Tech Volatility Intensifies as SpaceX Bond Launch Triggers 16% Plunge
US indices diverged as tech volatility dragged the Nasdaq down, while Micron and SMCI surged on AI expansions.
Tue, Jun 23
Japan and South Korea Stocks Slump on Profit-Taking; 'Memory Rising Star' Kioxia Bucks the Trend.
The decline in Japanese and South Korean stock markets at today's open was not driven by deteriorating fundamentals in a single country, but was rather the result of a confluence of multiple headwinds, including the overnight plunge in US tech stocks, sudden shifts in global political and geopolitical situations, and key domestic events in South Korea.
Tue, Jun 23
Micron Hits Another Record High, Rising Nearly 5% Ahead of Earnings, Poised to Break the $1,200 Mark
Micron continued to surge to a record high today, poised to break through the $1,200 mark ahead of its earnings release.
Mon, Jun 22
SPCX Shares Fall for Third Straight Day. SpaceX Issues Debt Right After Financing, Debut Bond Sparks Market Panic
SpaceX plans to raise $20 billion in its inaugural bond offering, as market concerns over its cash burn rate trigger a three-day decline in its stock price.
Mon, Jun 22
US Pre-Market: US-Iran Peace Talks Conclude; Gold and Silver Surge, Crude Plunges, Memory Stocks Rally, SpaceX Falls Over 5%
Memory stocks rally pre-market! Intel surges on partnership with UMC, Micron rebounds sharply; SpaceX continues to plunge over $20 billion debt issuance.
Mon, Jun 22
