Nassim Taleb Warns About AI’s Bubble Bursting: ‘This Is the Beginning’

Taleb believes that the recent drop in NVIDIA stock prices, which dragged down the whole U.S. stock market, might be the start of a more pronounced fall in Nvidia’s market cap and the AI sector. Black Swan’s Nassim Taleb Warns Nvidia’s Losses Could Mark the Start of a Larger AI Sector Fall The artificial intelligence … Read more

Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase

The Fed’s increasingly hawkish stance could limit bitcoin’s rally, leading to another period of price consolidation. Sideways Price Action Could See Bitcoin Consolidate at Current Price Levels The first week of 2025 was a bearish one for bitcoin. The number one crypto dropped from $102,431 to $91,215, and despite the price rebound to the $95,000 … Read more

Analysts React to China’s Lackluster Stimulus Measures: Will a ‘Big Move’ Follow?

Chinese investors have been left wanting more from the latest stimulus measures announced by authorities. Analysts are attempting to explain the reasons behind China’s lack of deeper action to stimulate its economy and how this might affect the Asian giant’s commercial partners. China’s Weak Stimulus Measures Stifle Markets, Analysts Try to Explain the Reasons Behind … Read more

Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse

Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it … Read more

Russia-China Trade Grows Despite Global Challenges, Putin Highlights

Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted the significance of their cooperation in multilateral organizations, showing the strategic alignment between the two … Read more

Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says

Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent targets. He highlighted that cybercrime now represents 40% of all crimes in the country, rising to 60% in serious cases. Cybercrime Costs Russia Over $1.25 … Read more