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Crypto

Following the crowd costs you - Vitalik Buterin reveals secret of contrarian bets

Vitalik Buterin, co-founder of Ethereum, criticised structural flaws in prediction markets and described how he profited by betting against irrational crowd sentiment. He warned that prediction markets are turning into gambling-like products and urged a shift toward hedging strategies. Buterin said he made about a 16 percent return by placing roughly $440,000 in bets on Polymarket and earning $70,000. He also outlined a hedging-based finance model that could ultimately replace fiat money.

Crypto

XRP must top $1.53 to confirm breakout; on-chain signals warn of selling pressure

XRP has room for further gains on technical charts, but on-chain indicators point to selling pressure that could block a breakout. XRP is testing the top of a falling channel and hovering near the 20-day and 50-day exponential moving averages around $1.40 to $1.41, with a cup-and-handle pattern forming. Exchange net position change surged, and about 1.16 billion XRP is clustered at $1.45 to $1.46, creating resistance.

AI & Enterprise

Big Tech AI infrastructure spending overtakes oil and gas production investment in data centre expansion race

Big Tech spending on artificial intelligence infrastructure has surpassed global investment in oil and natural gas production, BeInCrypto reported, citing estimates from the International Energy Agency. The IEA said surging data centre investment pushed major technology companies\' capital spending above $400 billion in 2025 and it could increase a further 75 percent in 2026. The expansion is boosting demand, debt issuance and stock market concentration, while making the pace of buildout more sensitive to financial market conditions.