This error appeared after I added the react-hot
loader in an array following this tutorial: https://thoughtbot.com/blog/setting-up-webpack-for-react-and-hot-module-
I had faced the same issue since I found a solution for myself. you can try it:
If you've defined "presets" in ".babelrc" file then you don't need to specify it in the "webpack.config.js" file, then delete it and it works well
and if you don't, I recommend you to go to your ".babelrc" file and specify your presets there