Search results for Tulip
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.
AI & Enterprise
Tulip raises $120 million in Series D funding, says it can replace MES
Manufacturing automation software company Tulip raised $120 million in Series D funding, SiliconANGLE reported on Jan. 15. The funding values the company at $1.3 billion, putting it in the unicorn category. Mitsubishi Electric, which formed a strategic partnership with Tulip last year, led the round. Tulip provides a cloud-based no-code platform aimed at digitalising production processes, connecting workers and equipment and supporting applications, data tools, system integrations and quality assurance features.