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Showing posts from September, 2026

XRP price performance today amid renewed institutional demand

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Although the XRP community saw its largest cryptocurrency exchange hack of 2026 on September 26, as Finbold reported, this token experienced bullish sentiment today. At the time of writing, XRP price was up 4.12% over the past 24 hours, to $1.57, according to data from CoinMarketCap . XRP price performance today. Source: CoinMarketCap As such, the token’s market capitalization has climbed to $99.07 billion at the time of reporting. The altcoin’s 24-hour trading volume had gained 55.85%, hovering at approximately $7.37 billion. XRP price defied the bearish news today, as tokens worth roughly $157 million were drained from the Bitget cryptocurrency exchange, as Finbold detailed.  As a result, the token has signaled potentially strong demand, especially from whales and institutional investors. Moreover, XRP Ledger (XRPL) has gained significant traction in tokenization, cross-border payments, and Decentralized Finance (DeFi) compatibility over the years. What i...

Traders think Leopold Aschenbrenner just bet $96M on AI options

AI researcher and investor Leopold Aschenbrenner is suspected of being behind the purchase of $96 million worth of SanDisk, Micron, Intel, and Marvell call options. Aschenbrenner runs hedge fund Situational Awareness, most famous for losing billions of dollars during a sudden downturn in AI stock prices. It was a wipeout the Financial Times ranked as the largest in hedge fund history. JPMorgan Chase subsequently terminated its lending relationship with the fund. Although SEC filings haven’t yet disclosed the name of the buyer, Jim Cramer posted today, “If I didn’t know any better I would say Leopold is back!” ZeroHedge agreed. Options provide financial leverage by design, and their short time to maturity makes these contracts even more volatile. All these options expire on October 2. Situational Awareness previously ran on leverage as high as 400%, growing from $225 million at launch in 2024 and soaring past $45 billion in July before liquidating as...

Forget crypto or AI, oil tanker ETF BWET is up 5,100%

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The best-performing ETF in America isn’t in the crypto, AI, or any tech sector. It is, in fact, the Breakwave Tanker Shipping ETF (BWET), up 5,100% over the past year.  After a renewed war in Iran, military conflict in the straits of Hormuz and Bab el-Mandeb, and logistical threats such as this week’s attack on Saudi Arabia’s crude oil pipeline and a Houthi advance into the Bab el-Mandeb strait, BWET has rallied 3,600% since January 1. The next-best-performing ETFs rank far below BWET on a year-to-date basis and merely derive their gains from levering-up single stock performance: 1,170% for a 2x long Dell ETF, 530% for a 2x long Micron ETF, and 390% for a 2x long Marvell ETF. No other US ETF ranks close to BWET’s 3,600% gain in 2026. The fund takes long positions in forward freight agreements, offering exposure to oil tanker chartering rates on particular routes, including Hormuz. Year-to-date chart of Breakwave Tanker Shipping ETF. Source: Tr...

Tesla drops 6% as Cybercab faces federal audit

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Tesla Cybercabs stock crashed 6% in an hour this morning following news of a compliance audit. Yesterday, Tesla commercially deployed Cybercabs onto public streets in Austin, Texas. By the end of the day, the National Highway Traffic Safety Administration (NHTSA) quietly opened a new probe, Audit Query AQ26002, of up to 1,000 Tesla vehicles, which would more than cover the company’s Cybercab fleet of only a few dozen vehicles. Tesla stood behind its claim that “Cybercab is engineered to be the safest car on the road.” Chart of Tesla from September 3 close through noon on September 4. Source: TradingView The NHTSA doesn’t typically pre-approve vehicles for compliance with Federal Motor Vehicle Safety Standards (FMVSS). Manufacturers self-certify compliance with FMVSS standards, or request a limited exemption in advance. Whenever the NHTSA suspects non-compliance with FMVSS standards, the agency may probe conduct and pursue remedies. In Tesla’s case, t...