The ProShares UltraShort Bitcoin ETF (SBIT) is recommended for tactical traders looking for short-term hedges against Bitcoin following Bitcoin's failure to surpass the $81,000 resistance level. SBIT uses -2x daily leverage, making it highly responsive to Bitcoin's price movements, benefiting from sharp declines but vulnerable to rallies or sideways trends due to volatility decay. Key entry points for SBIT are between $36 and $38, with target prices at $44 and $50. The trade is invalidated if Bitcoin convincingly breaks above $81,200 or if SBIT closes below $32. This ETF is advised only for short-term contrarian trades with strict risk management, not as a long-term or core investment.
Nova Ltd. (NVMI) received a buy rating due to its diversified metrology platform and strong performance in logic, packaging, and chemical markets. Advanced packaging now accounts for about 25% of its product revenue, supporting record sales and earni...
Ripple has appointed Joseph Thompson, former senior VP and head of treasury at the London Metal Exchange, to its Trading and Markets team. Thompson will focus on expanding Ripple's strategy for tokenized real-world assets, integrating blockchain with...
Metaplanet, a major Japanese corporate Bitcoin holder, transferred 3,000 BTC valued at about $237 million to Coinbase Prime on August 29, continuing a series of large Bitcoin moves this month. Despite shifting over 9,350 BTC in August alone, the comp...
Oscar-winning actor Matt Damon will be a featured speaker at Ripple's Swell event in New York City from October 27-29, 2026. He will appear alongside Ripple's CEO Brad Garlinghouse, President Monica Long, and CTO Emeritus David Schwartz. Damon's invo...
Dogecoin recorded a 21.4% return in August 2026, marking its best monthly performance this year after months of volatility. The recent price breakout sparked bullish momentum, with Dogecoin reaching a high near $0.0996. Despite this surge, Dogecoin r...
