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Michael Bury Closes Scion Asset Management Citing Present Markets Conditions

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Michael Bury the legendary investor immortalized in The Big Short for his prescient bet against the 2008 housing bubble confirmed the closure of his hedge fund, Scion Asset Management, citing a fundamental disconnect between his valuation models and current market conditions.

In a letter to investors dated October 27, 2025, Bury wrote: “With a heavy heart, I will liquidate the funds and return capital but for a small audit/tax holdback by year’s end. My estimation of value in securities is not now, and has not been for some time, in sync with the markets.”

This echoes his 2008 decision to shut down his original fund, Scion Capital, amid similar frustrations with market irrationality. Scion, which managed about $155 million in assets as of March 2025, has been deregistered with the U.S. Securities and Exchange Commission (SEC).

This relieves Bury of public disclosure requirements for trades, potentially shifting the firm to a family office model focused on personal investments. Burry’s third-quarter 13F filing submitted early on November 3 revealed bearish put options on AI stocks Nvidia (NVDA) and Palantir (PLTR), with a notional value of ~$1.1 billion.

He later clarified on X that his actual exposure on Palantir was only $9.2 million. These positions, combined with his warnings of “bubbles” in markets, underscore his out-of-sync view. Bury relaunched Scion as Scion Asset Management in 2013 after closing his original fund.

The new entity focused on value investing in areas like water rights, farmland, gold, and select equities. His track record includes massive gains from the 2008 crisis, but recent performance struggles—amid a bull market driven by tech optimism—appear to have prompted the wind-down.

Bury hinted at “much better things” with a tease for November 25, 2025—possibly a new venture, but details are unclear. He suggested investors contact his associate PM Phil for “coming endeavors.”

Bury’s exit highlights growing bearish sentiment among contrarian investors in a market buoyant on AI hype and retail enthusiasm. Similar moves include John Paulson converting his fund to a family office in 2020.

Analysts see this as Bury “stepping away from a rigged game,” potentially freeing him for bolder personal plays without regulatory scrutiny. Speculation swirls around shifts to alternatives like crypto or private assets, given Bitcoin’s consolidation near $103,000.

This isn’t Bury’s first “rage quit”—it’s a pattern for the self-described “Cassandra Unchained” a nod to the ignored prophet in Greek myth. While he returns capital to investors, his influence via X posts and personal portfolio could still rattle markets.

As a “Big Short” icon who’s historically timed tops via his 2008 fund closure after housing profits, or his 2021 Tesla capitulation marking the pandemic peak, this move underscores a deepening disconnect between contrarian value investing and the speculative frenzy driving AI and related sectors.

For venture capitalists (VCs) and crypto infrastructure (e.g., DeFi protocols, layer-1/2 chains, stablecoin rails, and tokenized assets), the read-through is mixed but leans bearish short-term: a potential liquidity crunch and valuation reset, with upside for resilient builders in a post-bubble shakeout.

VCs, particularly those betting on AI startups, cloud computing, and hardware-adjacent plays, face amplified risks as Bury’s exit amplifies skepticism about “aggressive accounting” in tech infrastructure.

His critiques—e.g., tech giants understating depreciation on AI hardware to inflate earnings—mirror dot-com era excesses, where capex masked weak fundamentals. With global VC dry powder at ~$300B per PitchBook data as of Q3 2025 but deployment slowing amid high interest rates, Bury’s “not in sync” letter could catalyze.

LPs (limited partners) may pull back from late-stage AI rounds, favoring proven moats over hype. Bury’s short on Palantir a data/AI darling with VC roots via Peter Thiel highlights scrutiny on ontology-driven firms.

AI startups raised $50B+ in 2025 but Bury’s bubble call echoes 1999-2000, when VC-backed tech valuations halved. Expect down rounds for 20-30% of portfolios, per VC sentiment on X. Contrarians like Bury historically thrive post-crash; VCs could scoop undervalued assets if equities unwind 15-20%.

Taiwan Edges Toward 6% Growth as AI-Fueled Tech Demand Powers a Stunning Economic Upswing

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Taiwan is riding an economic wave unlike anything it has experienced in years, and the force behind it is unmistakably an explosive global appetite for artificial intelligence technology.

The island’s economy, long anchored by its role in the semiconductor supply chain, is now accelerating so quickly that officials say full-year growth could come close to 6%, a level few had envisioned even months ago.

The surprising momentum became impossible to ignore after Taiwan posted a 7.64% year-on-year expansion in the third quarter, a figure that stunned both policymakers and private-sector economists. The Directorate-General of Budget, Accounting and Statistics (DGBAS) admitted it had expected growth of only around 1% for the July–September period. Instead, the economy caught a powerful updraft from the global AI boom and soared far above the 6.0% growth forecast in a Reuters poll.

That performance pushed the agency to revise full-year projections upward. Minister Chen Shu-tzu told lawmakers the economy now appears capable of exceeding 5.5% and could approach 6% if current conditions hold. The strength of Q3 effectively forced a rethink of the year’s entire trajectory.

The reason for the jump is straightforward: Taiwan has become indispensable to the world’s AI push. Its export-oriented economy has absorbed massive orders for high-performance chips and components that power everything from advanced data centers to generative AI models. At the heart of this surge is Taiwan Semiconductor Manufacturing Company (TSMC), whose chips sit inside the systems built by global giants such as Nvidia. TSMC has already reported record profits and raised its sales outlook, pointing to “very strong” demand coming directly from AI-related customers.

That tide has lifted the island at a moment of increasing external pressure. The United States, under the Trump administration, imposed a 20% tariff on many Taiwanese exports. While semiconductors are exempt from the duty, several other categories have been hit. Taiwan is still in discussions with Washington to roll back the tariffs, but for now, the tech sector’s unprecedented upswing has absorbed much of the impact.

The semiconductor boom is rippling across the broader economy. Recent export data shows some of the fastest gains seen in 15 years, driven almost entirely by AI-chip orders. Major international banks and research firms have noted the scale of the shift, with Morgan Stanley and others projecting that global tech firms will spend hundreds of billions of dollars this year on AI infrastructure alone. A sizeable portion of that spending is landing in Taiwan’s factories, labs, and packaging facilities.

The surge has also highlighted an emerging challenge: electricity. Taiwan’s power grid, while modern and reliable, is now being pushed to prepare for the immense energy requirements of next-generation chip fabrication and data-center expansion. Analysts have warned that Taiwan will need to significantly increase power availability if it intends to keep pace with global AI demand in the coming decade. The government has already begun planning for this, but the scale of the anticipated load is sparking new national conversations about energy supply.

The tech boom does not erase risk. Exchange-rate pressures remain a lingering concern for manufacturers, especially as the New Taiwan dollar fluctuates. TSMC has already noted that currency movements and the high costs associated with expanding overseas — particularly in the United States — could affect its margins.

However, those same challenges underscore the strategic weight Taiwan now holds. Few places on earth are as central to the AI revolution. From GPU-grade silicon to advanced packaging and next-generation memory integration, Taiwan is embedded in nearly every layer of global production. That concentration of expertise is one reason its economy is expanding while others cool.

The next milestone arrives on November 28, when the DGBAS unveils the final growth forecast for 2025 and a fresh outlook for 2026. Analysts will watch closely for signs of how sustainable this current boom might be, and whether structural issues — tariffs, power constraints, and global supply cycles — could shape the next phase of Taiwan’s economic story.

For now, though, the numbers speak for themselves. A quarter that was expected to grow only modestly instead delivered a surge strong enough to redefine the year.

Shiba Inu (SHIB) Seller Exhaustion Could Trigger 300% Relief Rally, While One New Meme Coin Flashes 18371% Profit Opportunity

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After months of sideways price action, investors across the meme coin market are beginning to notice a major shift: capital is rotating into lower-cap, high-upside tokens, and Little Pepe (LILPEPE) is emerging as one of the strongest beneficiaries of that trend. The project’s presale continues to accelerate, with over $27.5 million raised so far and tokens in Stage 13 priced at $0.0022, already showing gains of 120% for the earliest buyers. This surge in investor interest comes at the same time that larger meme coins like Shiba Inu (SHIB) appear to be losing momentum. SHIB is currently trading near $0.0000124, and while on-chain data shows signs of seller exhaustion, meaning a potential 300% relief rally is still possible, many traders are asking whether SHIB can realistically deliver the kind of exponential gains it once did. The growing consensus is that while SHIB may recover, the higher upside may now lie in emerging projects like LILPEPE.

Little Pepe (LILPEPE) Presale Reaches Stage 13, Surpassing $27.5 Million Raised

The ongoing Little Pepe (LILPEPE) presale, launched in June 2025, continues to accelerate as investor interest grows. The project has now raised over $27.5 million, with more than 16.6 billion tokens sold from its 100 billion total supply, demonstrating strong and sustained market confidence and community enthusiasm.

The presale follows a structured 19-stage rollout with gradual price increases at each stage to reward early participants and maintain consistent momentum. Stage 1, priced at $0.001, sold out in three days, raising nearly $500,000. Stage 2, priced between $0.0011 and $0.0015, generated over $1.23 million. By the completion of Stage 10, the token price had risen to $0.0019, with 12.75 billion tokens sold and a cumulative $19.32 million raised. Stage 13 tokens are currently priced at $0.0022, and Stage 14 will launch at $0.0023. The confirmed exchange listing price is $0.0030, offering early participants the potential for gains of approximately 120%.

A major factor driving Little Pepe’s growth is its vibrant and rapidly expanding community. The team has launched a $777,000 presale giveaway, awarding ten winners $77,000 worth of LILPEPE tokens each, with a minimum contribution of $100 required to qualify. In addition, a Mega Giveaway spanning Stages 12 through 17 is distributing a total of 17.5 ETH in rewards. The largest buyer will receive 5 ETH, followed by 3 ETH and 2 ETH for the second- and third-largest buyers respectively. Fifteen randomly selected participants will each receive 0.5 ETH. These tiered giveaways are designed to incentivize both large and small investors, encourage continued participation, and sustain presale momentum.

Community Growth Fuels Little Pepe’s Rapid Momentum

The Little Pepe (LILPEPE) token operates on a custom-built Layer 2, EVM-compatible blockchain engineered for high-speed transactions, near-zero fees, and scalability. The network offers near-instant confirmations, zero trading taxes, and robust protection against sniper bots and exploit attempts to ensure fair presale participation. Built-in holding incentives and reward mechanisms foster long-term engagement, strengthen investor confidence, and maximize token utility. Together, these technical and community-driven initiatives have created a secure, fast, and highly engaging ecosystem that continues to attract investors ahead of exchange listings and full-scale ecosystem development.

Little Pepe has now raised over $27.5 million during its presale, with more than 16.6 billion tokens sold from a total supply of 100 billion. Stage 13 tokens are priced at $0.0022, while Stage 14 will rise to $0.0023, offering early investors significant upside before the confirmed exchange listing at $0.0030. With a vibrant community, structured giveaways totaling $777,000, and a fast, fee-free Layer 2 blockchain, LILPEPE combines utility, engagement, and growth potential. Investors seeking the next high-upside meme coin should act before the presale advances to later stages.

 

For more information about Little Pepe (LILPEPE) visit the links below:

Website: https://littlepepe.com

Whitepaper: https://littlepepe.com/whitepaper.pdf

Telegram: https://t.me/littlepepetoken

Twitter/X: https://x.com/littlepepetoken

$777k Giveaway: https://littlepepe.com/777k-giveaway/

Gold Retreats After Brief Surge as Market Turbulence Follows U.S. Government Reopening

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Gold prices slipped on Thursday after touching their highest level in three weeks, caught in a sweeping market downturn that followed the end of the record-long U.S. government shutdown.

The reopening removed a major source of uncertainty for investors, triggering a broad sell-off that hit everything from metals to equities to digital assets.

Spot gold was down 1.1% at $4,151.86 per ounce by 02:16 p.m. EST (1916 GMT). U.S. gold futures for December delivery settled 0.5% lower at $4,194.50. The downturn came only hours after bullion climbed to $4,244.94, a level last seen on October 21.

Silver followed a similar arc. After rising to its strongest price since October 17, spot silver reversed course and dropped 2.3% to $52.18.

The sharp swing in sentiment emerged as Washington finally restarted federal operations following a 43-day shutdown. The agreement funds government agencies through January 30, ending the longest closure in U.S. history and unlocking economic data that had been frozen for more than a month.

That sudden shift in the political landscape sparked a wide retreat across markets.

“Precious metals are caught in a widespread selloff, where stocks, bonds, the dollar, and crypto are all under pressure and in the red,” said independent metals trader Tai Wong. “It’s a classic buy-the-rumor, sell-it-all after the U.S. government re-opens.”

Before the sell-off began, traders had pushed gold higher on expectations that the release of delayed economic statistics would show a weakening labor market. Analysts believed such weakness could push the Federal Reserve toward at least one more interest-rate cut in December.

“Gold and silver markets rallied on the expectation that economic data released after the end of the shutdown will reveal U.S. labor market weakness and push the Fed toward at least one December rate cut,” said Jim Wyckoff, senior analyst at Kitco Metals.

However, the mood shifted as investors reassessed the Fed outlook. Several policymakers have signaled they want to see firmer evidence of cooling before supporting additional easing. Inflation concerns remain unresolved, and private sector surveys have pointed to labor softening without painting a clear picture.

The central bank has already trimmed rates twice this year, and the most recent cut came in the previous month. Still, Fed Chair Jerome Powell said further reductions this year are not assured, stressing that the shutdown created major gaps in key datasets the bank normally relies on.

Lower borrowing costs tend to help gold because the metal yields no income and becomes more attractive when interest rates fall. That dynamic helped fuel the multi-month rally in bullion earlier this year, but the current landscape has grown more complicated as investors juggle inflation risks, patchy economic information, and uncertainty about the timing of future Fed decisions.

The volatility spread across the precious metals complex. Platinum slipped 2.8% to $1,569.65, while palladium sank 3.7% to $1,419.75.

Analysts say gold could remain choppy in the short term as markets digest the coming wave of economic releases and weigh their implications for U.S. monetary policy. The return of federal data over the next several weeks could provide clearer signals on inflation trends, consumer spending, and the labor market — all of which will shape the Fed’s next move and determine whether bullion stabilizes or faces renewed turbulence.

DOGE, SHIB, and Pepe Predictions Turn Bullish, But Ozak AI’s Outlook Feels Stronger

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Crypto markets are entering another euphoric phase, and meme coins are once again leading the charge. Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are all gaining momentum as traders rotate back into high-volatility tokens that defined previous bull cycles. DOGE trades at $0.1782, SHIB at $0.000009901, and PEPE at $0.000006019, each showing renewed strength on social and technical indicators.

But while these tokens are riding a familiar wave of meme-fueled hype, the most compelling story in the market today isn’t another meme—it’s intelligence. Ozak AI (OZ), an AI-powered blockchain project, is rapidly emerging as the next big narrative, offering the potential for 100x growth and redefining what real utility looks like in crypto’s next evolution.

Dogecoin (DOGE) Overview

Dogecoin (DOGE) remains the most recognized meme coin in crypto history, a symbol of community-driven success. Currently trading around $0.1782, DOGE shows resistance at $0.194, $0.215, and $0.242, while support rests at $0.162, $0.145, and $0.129.

Dogecoin’s strength lies in its deep cultural influence and massive retail following. With major mentions by Elon Musk and potential integration for payments within the X ecosystem, DOGE retains powerful upside catalysts. Analysts believe that if market sentiment stays bullish, the coin could reach $0.25–$0.30, which would represent a substantial near-term gain.

owever, while Dogecoin’s meme momentum continues to thrive, its lack of evolving utility remains a limiting factor. Investors seeking long-term, technology-driven upside are increasingly turning to projects like Ozak AI, where real innovation—not hype—drives value.

Shiba Inu (SHIB) Overview

Shiba Inu (SHIB) is building its next phase of growth on substance, not just sentiment. Trading near $0.000009901, SHIB is testing resistance at $0.0000115, $0.0000138, and $0.0000162, while support levels sit at $0.0000087, $0.0000076, and $0.0000069.

The token’s evolution beyond its meme origins is evident through Shibarium, its Layer-2 scaling solution designed for faster, cheaper transactions, as well as ShibaSwap, its decentralized exchange. Combined with ongoing burn mechanisms to reduce supply, SHIB’s fundamentals are improving each quarter.

If Shibarium adoption accelerates and broader retail sentiment returns, analysts predict SHIB could 20x by 2026. Still, while it remains a strong community asset, its upside is capped by competition and market maturity—especially when compared to the disruptive potential of AI-based blockchain projects like Ozak AI.

Pepe (PEPE) Overview

Pepe (PEPE), the newest of the top meme coins, has shown resilience and speculative strength since its explosive debut. Now priced at $0.000006019, PEPE faces resistance at $0.0000069, $0.0000078, and $0.0000093, with support at $0.0000054, $0.0000048, and $0.0000041.

PEPE thrives on retail speculation and social media virality, often leading market rallies fueled by memes and trading volume surges. Many traders anticipate a potential 15x–25x run if meme mania peaks again. However, PEPE—like its predecessors—lacks long-term innovation, and its sustainability depends heavily on social hype rather than technological progress.

This contrast is exactly why investors and analysts alike are now turning their attention toward Ozak AI (OZ), a project that combines real-world AI utility with blockchain scalability, representing the next evolutionary leap beyond memes.

Ozak AI (OZ) Overview

Ozak AI (OZ) stands apart as a project redefining what “smart crypto” really means. Built at the convergence of artificial intelligence, predictive analytics, and blockchain automation, Ozak AI creates a self-learning decentralized ecosystem capable of analyzing data, predicting trends, and executing automated decisions.

Currently in its 7th OZ presale stage, Ozak AI has already raised over $4.5 million and sold more than 1 billion OZ tokens, showing significant early investor confidence. Its ecosystem is powered by AI prediction agents—autonomous digital entities that process blockchain and off-chain data to drive actionable intelligence in DeFi, trading, and governance.

Ozak AI’s robust partnerships include:

  • Perceptron Network’s 700,000+ nodes for scalable AI computation.
  • HIVE’s 30 ms signal processing for ultra-fast predictive analytics.
  • SINT’s cross-chain AI agents and voice-driven systems for real-time interoperability.

Audited by CertiK and Sherlock, and listed on CoinMarketCap and CoinGecko, Ozak AI offers both credibility and transparency—a rare combination for a presale project. Analysts forecast that Ozak AI could reach $1 per token, translating to a 100x return from its current presale valuation of $0.012.

From Memes to Machines—The Market’s Next Big Rotation

While Dogecoin, Shiba Inu, and Pepe are once again generating headlines and short-term profits, Ozak AI represents the next major leap in crypto’s evolution—from viral communities to intelligent ecosystems. Meme coins thrive on emotion, but Ozak AI thrives on automation, intelligence, and data—the true drivers of the next bull cycle.

Investors who made fortunes flipping DOGE, SHIB, and PEPE are now looking for the next asymmetric play, and Ozak AI checks every box: cutting-edge tech, early entry, and long-term scalability. In 2021, memes defined crypto culture. In 2025, AI will define crypto’s future—and Ozak AI is leading that transformation.

About Ozak AI

Ozak AI is a blockchain-based crypto venture that offers a technology platform that focuses on predictive AI and advanced records analytics for monetary markets. Through machine learning algorithms and decentralized network technologies, Ozak AI permits real-time, correct, and actionable insights to help crypto fanatics and companies make the precise choices.

 

For more, visit:

Website: https://ozak.ai/

Telegram: https://t.me/OzakAGI

Twitter: https://x.com/ozakagi