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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

Ethereum Staking Hits Record 40 Million: Why Is ETH Price Falling Instead of Rising?

If the price can break through and stabilize above $2,000 with a daily closing candle on significant volume, it will confirm the formation of a low-level double bottom or an ascending base, with a target to challenge the $2,500 resistance zone by year-end. However, if ETH fails to hold $1,800 in the short term, the price may break below the ascending trendline and seek support at the previous low of $1,500. As long as this level is maintained, the medium-to-long-term bottoming structure remains intact.
Tue, Aug 11

Rocket Lab Jumps Over 3% Ahead of Earnings; Can Stock Price Break $100?

Rocket Lab shares rebounded ahead of its earnings report; however, financial results may fall short of elevated market expectations, potentially triggering a decline in the stock price.
Mon, Aug 10

Intel Shares Slump More Than 3% Below $100 Mark as Company Plans $15 Billion Stock Sale

Intel's plan to raise $15 billion has sparked concerns, as market fears of equity dilution triggered a sharp sell-off that sent the share price plunging below the $100 support level.
Mon, Aug 10

SK Hynix Shares Under Pressure as Company Clarifies Chongqing Plant Disposal Undecided

SK Hynix clarified that the disposal of its Chongqing plant has not yet been decided, as its ADR price edged lower in pre-market trading.
Mon, Aug 10

SpaceX Stock Price Forecast: Shares Surge 26% After First Lock-Up Expiration; Will Rally Continue?

SpaceX's stock price is approaching $135, representing the first technical resistance level following its rebound from recent lows. As this coincides with the IPO cost basis, selling pressure is inevitable, creating significant overhead resistance. If the price fails to break through this level, SPCX could potentially retest $100. However, if bulls successfully absorb the potential selling pressure, SpaceX shares could rally toward $150 before the next round of lock-up expirations on August 20.
Mon, Aug 10

South Korean Stock Volatility Rarely Surpasses Bitcoin; Kospi vs. BTC: Which Is Better Investment?

The KOSPI represents cyclical semiconductor physical assets and is suitable for short-term trading, while Bitcoin is a decentralized digital asset suited for long-term hedging. Investors can make judgments based on AI trends or perform portfolio allocation.
Sun, Aug 9

SpaceX Stock Price Forecast: Shares Slump Over 50% After Listing; Will They Hit New Lows This Year?

Why has SpaceX's share price continued to plummet? Will it hit new lows again this year? What is the stance of Wall Street institutions regarding SpaceX's future prospects? We will provide an in-depth analysis of each of these questions.
Sat, Aug 8

Trump Says Data Centers Surpass Oil: Will AI Stocks See a New Surge?

Trump’s elevation of data centers to the level of a strategic equivalent to oil provides a clear policy endorsement for the industry, potentially driving a structural rally in AI stocks.
Fri, Aug 7

SpaceX Rises Despite First Lock-Up Expiry, Poised to Return to IPO Price Before Next Unlock

Internal negative catalysts for SpaceX have been fully exhausted, and selling pressure has been significantly relieved. The stock is expected to stabilize and rebound in the short term.
Fri, Aug 7

Bitcoin Eyes Upside Breakout Ahead of US July Nonfarm Payrolls?

Bitcoin prices continue to fluctuate above $64,000, with the upcoming July non-farm payrolls data seen as the key to breaking the current consolidation stalemate.
Fri, Aug 7

SpaceX Plans Own Power Plants and Large-Scale Storage: Is Heavy Capital Investment Bullish or Bearish?

SpaceX's plant construction plan will increase cash flow pressure in the short term, but it is a long-term positive that helps reduce costs and improve efficiency.
Fri, Aug 7

OpenAI’s AI Hardware Could Launch as Early as Next Year Amid Apple Plagiarism Concerns

OpenAI's first AI hardware is set for launch, but allegations of copying Apple could introduce complications and delay the release timeline.
Fri, Aug 7

SpaceX Shares Rise Over 3% as More Than 900 Million Shares Set to Be Unlocked

SpaceX shares rose by more than 3% even as the first batch of shares released from the lock-up period is set to enter the public float.
Thu, Aug 6

SanDisk $1,000 Mark at Risk as Sell-off Resumes After Earnings

SanDisk shares tumbled 11% following its earnings report, as the $1,000 mark faces another test.
Thu, Aug 6

US Storage Stocks Fall as SanDisk, Western Digital Guidance Disappoints

SanDisk and Western Digital reported earnings that exceeded expectations, but weak guidance led to a sharp decline in their share prices, weighing on other storage stocks.
Thu, Aug 6

Nvidia Hits Two-Month High After Five-Day Winning Streak Tops 10%

Strong demand for Nvidia's chips continues to drive a rally in its stock price, which is poised to challenge all-time highs in August.
Thu, Aug 6

【US Pre-Market】US Index Futures Rise; Nvidia, Circle Surge as SpaceX, AMD Slump Post-Earnings

U.S. stock index futures moved higher, as SpaceX and AMD plunged following their earnings reports, while gold surged past the $4,100 mark.
Wed, Aug 5

AMD Stock Price Forecast: Shares Slump 9% After Earnings; Where Is the Next Support Level?

AMD's earnings guidance failed to meet the highest expectations, triggering a 9% plunge in its stock price. Shares may continue to face downward pressure in the short term.
Wed, Aug 5

SpaceX Did Not Sell Bitcoin in Q2; Why Unleveraged Model Is More Bullish Than MicroStrategy

Unlike Strategy, SpaceX maintained its Bitcoin holdings in the second quarter, reducing market selling pressure.
Wed, Aug 5

Samsung Electronics Shares Jump 4% on Next-Generation Memory Tech Push

Samsung Electronics unveiled next-generation memory technology, driving a rebound of approximately 4% in its share price.
Wed, Aug 5
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