Plunges Below $90K as AI Bubble Worries Weigh on Tech Stocks
Artificial intelligence-focused stocks are under pressure on Friday, dragging down technology-related stocks and Bitcoin Bitcoin$90,319.84 It declined during the early US session. Chipmaker Broadcom (AVGO), the ninth-largest asset by market cap, fell 10% despite strong earnings as its outlook disappointed investors’ lofty expectations. The Nasdaq index fell more than 1% in the first hour of the session. Add that to Oracle’s 10% decline on Thursday and another 3% drop on Friday, with investors growing concerned that the hot topic of artificial intelligence that has fueled much of this year’s stock market gains may fizzle out. Bitcoin, which traded at about…
David Sacks defends Trump’s executive order on artificial intelligence
Key takeaways David Sachs defended the Trump administration’s executive order on artificial intelligence. The order sets forth federal policy for the oversight and development of artificial intelligence in the United States. Share this article David Sachs, an AI and cryptocurrency expert in the Trump administration, defended the administration’s executive order on AI, saying the United States risks losing its lead over China unless it adopts a unified national regulatory framework. Speaking on Fox Business’ “Morning with Maria” this morning, he said the United States is ahead in the AI race, but China is still highly competitive, and American innovators could…
Crypto Sector AI Prediction: DePIN, RWA, SocialFi Lead
author Julia Smith Part of the team ever since October 2023 About the author Julia is an experienced writer with a passion for covering a wide range of topics, especially those related to politics, power and scene. She loves all things politics and regularly covers… Share Latest update: June 20, 2025 With cryptocurrencies on the rise globally, it is difficult to predict where the blockchain sector will generate enough interest to become the next big thing. Using ChatGPT analysis, we break down the latest cryptocurrency trends that you should know about before they dominate the industry in the coming years.…
Bitcoin just exposed a terrifying link to the AI bubble that guarantees it crashes first when tech breaks
Oracle lost nearly $80 billion in market value on Dec. 11 when revenue beat expectations, and management raised AI-related capital expenditures from $35 billion to about $50 billion, partly funded by higher debt. The stock fell as much as 16%, dragging down shares of Nvidia, AMD and the broader Nasdaq. Reports have framed the move as raising fears of an “AI bubble,” with investors questioning whether the gains from building massive data center capacity are arriving quickly enough to justify those costs. On the same bar, Bitcoin fell below $90,000, likely due to concerns about the AI sector affecting risk…
TestMachine Secures Over $6.5M In Venture Funding To Expand AI-driven Blockchain Security Solutions – DL News
New York, United States, December 11, 2025, Chainwire TestMachineThe AI-driven blockchain security company that protects billions in digital assets announced today that it has raised $6.5 million in venture funding to accelerate the global rollout of its flagship platform, Predator. The round was led by Blockchange Ventures, Decasonic, Delphi Ventures, and New Form Capital. This investment will accelerate the development and deployment of TestMachine’s leading AI platform, Predator, which is now fully integrated into Coinbase’s token deployment and security process. Other participants in the round include Baboon, UDHC, Auros Global, Generative Ventures, Contango Digital, and Santiago Santos. This funding will…
GlobalFi International Highlights AI Blockchain Development and Expanding Decentralized Ecosystem
Cayman Islands, December 11, 2025 (GLOBE NEWSWIRE) — GlobalFi International shares an update on the progress of its Ai Blockchain platform, which supports decentralized exchanges and a suite of digital asset tools designed to simplify participation in the cryptocurrency economy. The company reports that its current ecosystem framework includes an AI wallet manager and a Super Wallet aimed at helping users manage assets and interact with blockchain-based applications in a single environment. According to a GlobalFi International whitepaper, AI Blockchain is designed to support high-volume on-chain activity by automating smart contracts. The architecture is designed to maintain user control over…
Iguabit Unveils Neural Core Architecture for the $17 Billion AI Asset Management Sector | Currency News | Financial and Business News
Louisville, Kentucky, USA, December 11, 2025, FinanceWire At a critical juncture in which global financial markets are accelerating their shift towards intelligence, Eguabit Global Limited Today it officially revealed its core technology breakthrough: “Neurological core.” This special architecture, which deeply integrates generative artificial intelligence with blockchain technology, is designed to solve the weaknesses of risk control latency and liquidity fragmentation that traditional cryptocurrency exchanges face under high-frequency concurrency. Bloomberg She expects the generative AI market to explode $1.3 trillion by 2032. Iguabit’s “nervous core” is the infrastructure designed specifically for this impending trillion-dollar market, filling a technical void in the…
Texas grid is heating up again, this time from AI, not Bitcoin miners — TradingView News
Texas is rapidly emerging as a hub for AI-driven power demand, with an unprecedented rise in heavy-load power demands, a wave now dominated by AI data centers rather than Bitcoin miners. The numbers, highlighted in the latest Miner Mag newsletter and derived from ERCOT’s new system planning and weatherization update, point to a grid facing a very different kind of growth. ERCOT, the Electric Reliability Council of Texas, which manages the state’s independent power grid and oversees reliable electric service for about 90% of Texans, reported that its high-load interconnection queue has swelled to 226 gigawatts of new orders, nearly…
LLMs & Personalized Phishing: How AI Targets Crypto Users
The rapid development of artificial intelligence has brought remarkable advances, but it has also brought new risks – especially within the cryptocurrency ecosystem. Among the most troubling developments is how large language models enable cybercriminals to craft highly personalized phishing messages based entirely on a user’s social media fingerprint. “This is no longer a classic.”Spray and pray“Phishing.This is AI-powered phishing, targeted, psychologically tailored, and eerily believable. Large language models can process tons of social media data, monitor users’ behavior, mimic writing styles, and thus produce personalized messages targeting the victim’s interests, habits, fears, or preferences. By nature, cryptocurrency users share…
Big Tech pours over $50 billion into India’s AI future in just one day
Big tech companies are pumping huge amounts of money into India right now. Microsoft and Amazon alone have promised more than $50 billion in less than 24 hours, all aimed at building out the country’s cloud computing and artificial intelligence infrastructure. Microsoft said on Tuesday that it would invest $17.5 billion over four years. The money will go toward building massive data centers, introducing artificial intelligence into government systems, and training people for technology jobs. Amazon came right behind them on Wednesday, advertisement More than $35 billion in new investment on top of the $40 billion they’ve already spent there.…