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Crypto
XRP, Cardano returns may be limited, analyst says better coins elsewhere
Investors focusing on large cryptocurrencies such as XRP and Cardano in the current bull market could miss higher-return opportunities, an argument has emerged. Market analyst Tulip King said a small number of selected assets may deliver better returns this cycle than well-known large caps. He named XRP, Cardano, Ethereum, Aave and Solana as assets to avoid. He has shown a favourable stance toward Zcash, Toncoin and Hyperliquid, but did not specify leaders for this cycle.
Crypto
99 percent of Polymarket traders did not earn enough to quit their jobs
Only 0.015 percent of Polymarket traders sustained monthly profit of more than $5,000 for four consecutive months, data showed. Nearly 1 percent exceeded $5,000 in a single month, but the share repeating it the next month fell to 0.1 percent. Wallets earning more than $100,000 numbered 840, or about 0.033 percent. The analysis covered realised profit and loss from April 2024 to April 1, 2026.
Crypto
\'Big Short\' Michael Burry warns of \'financial catastrophe\' from bitcoin crash
Michael Burry, the investor featured in the film \'The Big Short\', warns of a financial collapse scenario stemming from a bitcoin plunge. He says a continuing decline could set off major corporate losses, forced liquidations and a wave of bankruptcies among crypto miners. Burry outlines three potential outcomes tied to bitcoin falling below $70,000, then to $60,000 and $50,000, and says the shock could also hit gold and silver futures markets.
