The author of the book 'Black Swan', Nassim Taleb, warns that the steep fall of Nvidia on Monday is just the beginning for investors blindly rushing into AI-driven stocks.

"Black Swan" investors pointed out that the Federal Reserve recklessly ignited the largest credit bubble in human history.

On June 12th, Jinshi Data reported that as the impact of French President Macron's decision to hold early parliamentary elections intensified, the French stock market recorded its largest two-day decline in a year, with bank stocks and French government bonds falling together. The French CAC 40 index fell 1.3%, with a cumulative decline of 2.7% over the past two trading days. Societe Generale, Credit Agricole and BNP Paribas led the decline, pushing the Stoxx Bank Index to its largest drop since August last year. The Stoxx 600 index fell 0.9%. Raphael Thuin, head of Tikehau Capital's capital market strategy, said the market had no expectations of high political risk events in France and Europe, and political risk would only increase in the coming weeks, with new polls and rumors fueling severe fluctuations. Morgan Stanley analysts said that although the selling of French bank stocks seemed a bit excessive, the sector could remain weak until the election was settled.

A "major earthquake" is happening in the European political arena.

According to TradingView data, the price of Ethereum surged over 19% on Monday (US time), with its market capitalization increasing by $70 billion, reaching a total market capitalization of $439 billion. The market capitalization added by Ethereum in just one day is equivalent to almost 90% of SOL's market capitalization. Analysts say that with the expected approval and launch of spot ETFs, Ethereum will be favored by mainstream institutions, and the gap in market capitalization between Ethereum and competing project tokens (such as SOL) will widen in the coming months. As of around 4 pm today, Ethereum is the second largest digital asset in the world, with a market capitalization of 453 billion US dollars, second only to Bitcoin's 1.38 trillion US dollars. Meanwhile, SOL ranks fifth with a market capitalization of 82 billion US dollars. Marex Solutions Joint Director of Digital Assets, Ilan Solot, said: "The short-term prospects for Ethereum are very bullish. Let's not overcomplicate it. The ETF-related announcement is almost a black swan event for (most) investors, causing a significant shorting and selling of Ethereum, with a majority of Ethereum liquidity locked in stake, and the macro background is also favorable." (CoinDesk)

PANews reported on May 9 that Swan, a Bitcoin Financial Service company, announced on the X platform that it would launch Swan Managed Mining, a custody Mining service for institutional investors, and announced a strategic cooperation with Tether, with the goal of reaching 100 EH by 2026. Swan said its custodian Mining service is a new approach tailored to institutional investors seeking to put $100 million or more long into Bitcoin Mining ecosystem. Swan provides its customers with fully isolated and dedicated mining operations to meet their unique needs, opportunities, and strategic advantages. In addition to bespoke programs, the company plans to launch a fund that will allow high-net-worth individuals, family offices and smaller institutions to participate in investment lines ranging from $5 million to $50 million. Swan also said the company has partnered with Swan to expand its involvement in the Bitcoin Mining sector. Tether has invested heavily in a significant presence in the Bitcoin Mining space, most of which is done through Swan. Previously, it was reported in December last year that Swan had raised $40 million to develop institutional products such as Bitcoin loans.

stablecoin issuance dealer Tether has expanded its mining operations by partnering with Swan's Bitcoin mining management services, and according to a press statement, the company has invested heavily in building its Bitcoin mining operations through Swan, the exact amount of which has not been disclosed, and Swan's Bitcoin mining management services allow institutional investors to invest at least $100 million in the Bitcoin mining ecosystem. Through this service, the company plans to offer customized mining operations based on the specific needs of its customers.

The FOMC is bound to be more hawkish, intensifying headwinds for gold, and the yen needs to be vigilant against "black swan" events at all times; non-farm payrolls lead the way in a major showdown of European and American data, and the US dollar may add more "firepower"; Russia suddenly increased its bombing intensity...