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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 1238 articles

SanDisk Stock Price Forecast: Surging Past $1,700 Mark, Will Memory Frenzy Push SNDK to New Record?

SanDisk's share price surged past the $1,700 mark as bullish momentum in the memory sector intensified, with the stock poised to hit new record highs within the year.
Mon, Aug 17

XRP Price Prediction: Can It Reach $10 by 2030?

Over the past five years, XRP has navigated two bull-bear cycles, with its price rebounding from $0.16 to a 2025 high of $3.6 before pulling back to consolidate near $1. Influenced by Federal Reserve policy, geopolitical tensions, and slowing spot ETF inflows, a short-term drop below $1 could test the $0.5 support zone. Over the medium to long term, if it can expand its market share in cross-border payments and attract steady institutional capital, XRP still has the potential to break above $10 over the next five years.
Sun, Aug 16

Western Digital Shares Plunge 50%: Is It the Best Time to Buy?

Western Digital's stock price has plummeted nearly 50% from its peak, driven primarily by sector deleveraging stemming from concerns over AI CapEx crowding, rather than a deterioration in fundamentals. Wall Street's consensus target price stands at $500–$1,050, backed by optimism regarding inelastic demand for AI storage. Although current valuations have largely deflated, technicals remain dominated by bears. Investors are advised to build positions in tranches, establishing a base position at $400 and adding to it if the price retests $300.
Sat, Aug 15

SanDisk Shares Surge Past $1,600: Will They Hit Another High This Year?

SanDisk's share price continued its surge today, rising nearly 7% to break through the $1,600 mark. While it may face short-term selling pressure from profit-taking and investors unwinding trapped positions, Wall Street remains broadly optimistic about the stock hitting new record highs.
Fri, Aug 14

Cryptocurrencies Fall Across the Board as Bitcoin Drops Below $63,000

Memory chip stocks rallied collectively, while cryptocurrencies fell broadly, facing further downside pressure.
Fri, Aug 14

SpaceX Stock Forecast: Push Toward $150 Stalls, Short-Term May Retest $100 Support

SpaceX's stock price pulled back after an initial surge and may test $135 or even lower in the short term.
Fri, Aug 14

Micron Stock Keeps Surging Toward $1,000 Mark as SanDisk Boost Ignites Memory Sector

Positive news from SanDisk ignited the memory sector, sending Micron surging toward the key $1,000 mark.
Fri, Aug 14

XRP Falls Below $1 to Hit 2024 Low, Risks Another 50% Plunge

XRP falling below a key level has triggered strong bearish alarms and sell-off concerns in the market. Where is the next support level?
Fri, Aug 14

Anthropic's IPO Valuation Pegged at $2 Trillion: Can It Really Crush SpaceX?

Market rumors suggest that AI startup Anthropic, driven by rapidly surging revenue, could see its valuation more than double from current levels to $2 trillion or even higher. If achieved, this would mean Anthropic surpassing SpaceX to record the largest initial public offering (IPO) in history. However, just how likely is this scenario?
Thu, Aug 13

IBM Partners With OpenAI to Target Enterprise AI as Stock Surges Toward $240 Level

IBM partners with OpenAI to expand into enterprise AI, sending its stock surging toward $240.
Thu, Aug 13

South Korea's Sovereign Wealth Fund KIC Makes First Investment in Circle: Will It Spark a Retail Buying Craze in CRCL?

South Korea's sovereign wealth fund, KIC, has purchased shares of Circle for the first time, providing the company with a significant institutional endorsement.
Thu, Aug 13

Kospi Index Surges 30% After Crash: Is the Bull Market Really Back?

The KOSPI index has rebounded by over 30% to surpass 6,800 points, primarily driven by short covering, a recovery in Samsung and SK Hynix, and expectations of Federal Reserve rate cuts. Although it has technically re-entered a bull market, it still faces high volatility and selling pressure from trapped positions. If the index fails to hold the 5,000-point level, investors should beware of a potential bull trap.
Thu, Aug 13

SEC Plans Two Major New Crypto Initiatives as Clarity Act Stalls

The U.S. SEC plans to launch two new crypto initiatives this week to address current regulatory gaps.
Wed, Aug 12

Micron Surges 4% Ahead of CPI: Can It Reclaim the $900 Mark?

Micron Technology's stock price has surged close to the $900 mark. Can the upcoming CPI data boost it to break through this level?
Wed, Aug 12

Can Bitcoin Hold $60,000 Level Ahead of US CPI Data?

With the US set to release July CPI data, Bitcoin faces pressure of falling below $60,000.
Wed, Aug 12

FTX Bankruptcy Estate Unstakes Over 200,000 SOL Worth Over $15 Million

The FTX bankruptcy estate plans to sell 200,000 Solana, briefly putting downward pressure on SOL prices.
Wed, Aug 12

Western Digital Pulls Back Nearly 50% in Short Term, Stock Risks Plunging Over 30% More

Western Digital (WDC) stock has plunged by nearly half amid a shift in NAND industry dynamics, with technical analysis pointing to a potential further downside of 30%.
Wed, Aug 12

Super Micro Computer Rises Over 2% Ahead of Earnings as Free Cash Flow Becomes Focus for Short Sellers

Super Micro Computer sees sharp stock price volatility ahead of its earnings report. Can its cash flow withstand the pressure of massive AI inventory?
Tue, Aug 11

Clarity Act Sees Major Breakthrough as Senate Sets First Procedural Vote for Sept. 15

The Clarity Act achieves a major breakthrough as the Senate launches a procedural vote on September 15.
Tue, Aug 11

SK Hynix Restarts Dalian NAND Plant in China, 50% Capacity Boost Spurs Stock Rebound

SK Hynix has resumed equipment installation at its Dalian NAND plant, with the favorable news driving a rebound in its stock price.
Tue, Aug 11
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