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ZROZ, a PIMCO ETF allocated to US Treasury bond repayments guaranteed by the US government, has lost 16% of its share price this year. It also lost 21% over the past 12 months, 63% over the past five years, and is down 73% from its March 2020 peak. The terrible results for investors are particularly curious given the seniority of its claims. Specifically, its NYSE-listed ZROZ owns claims on the principal of US Treasury bonds, the largest and most important piece of a US government bond.  To be clear, the US government hasn’t defaulted on any sovereign bond issuance since 1933, aside from a $122 million technicality delay in 1979. The largest government in the world guarantees principal repayment of US Treasuries, and ZROZ tracks an index of the present value of those repayments. Still, all buyers of the ETF at any time since its inception in 2009 have lost money, excluding dividends. Even after adjusting for the small quantity of dividends that the ETF ...

As XRP battled to rally above a major resistance level around $1.66 for around 32 days through September 23, 2026, Ali Martinez, a popular cryptocurrency analyst, has mapped key triggers for a rally towards a target of $2. This crypto expert expects XRP price to hit $2 if it consistently closes above a potential inverse head-and-shoulders (H&S) pattern.  XRP daily chart. Source: TradingView “A decisive break above the neckline could confirm the pattern and trigger another 30% rally toward $2,” Martinez noted. This analyst identified the neckline of a possible inverse H&S pattern at $1.5663. However, he argued that a rally towards a target of $2 trickles down to a resistance level near $1.6, which must be broken. Martinez also based his bullish thesis for XRP on notable demand from large whale holders, typically XRP Ledger (XRPL) addresses holding between 10 million and 100 million tokens. Specifically, he highlighted that these whale investors accumul...

Russian spies are using Telegram and crypto to entice teenagers and young adults across Europe to carry out acts of sabotage and violence. That’s according to a study released by the Institute for Strategic Dialogue (ISD) and shared with the i Paper .  The study revealed that Russian actors are targeting teenagers and young adults via a network of Telegram groups called “com networks” in which participants compete for clout by uploading harmful content. I Paper discovered two clips shared in these groups took place in the UK. In one instance, someone filmed themselves smashing a car that belonged to a care worker.  Russia says Ukraine is using Telegram dating bot for terrorism Read more: Russia offered crypto to firebomb Sir Keir Starmer’s home, report Another showed what appears to be the same person throwing a brick through the window of a house. One week after these incidents, Ukrainian police arrested two young boys, aged 11 and 15, wh...

An amended complaint filed by Mintvest Capital against Energy & Compute, LLC (formerly Coinmint) alleges that the firm’s chief exec, Ashton Soniat, misappropriated BTC from the firm’s mining operations. It also broadly alleges securities fraud and Racketeer Influenced and Corrupt Organizations Act (RICO) offences. Specifically, the lawsuit claims that “on each occasion when new machines were added, Mr. Soniat told investors that production started on a later date than it actually did.” “During the gap periods — between the actual start up and the announced startup — Mr. Soniat redirected all BTC Coinmint produced to his personal BTC wallet.” The lawsuit alleges that, in total, “Mr. Soniat stole… 448.7193 BTC.” Starcloud wants to mine bitcoin in space — what could go wrong? Read more: Bitcoin mining industry mostly uninterested in spam controversy To increase his take, Soniat ...

Caterpillar CEO Joseph Creed disclosed his sale of $26.2 million worth of stock on Tuesday, after exercising an options package four and a half years early .  He sold 32,401 shares on the New York Stock Exchange on August 28, emptying his oldest outstanding tranche of options that had a March 2031 expiration date. The options had a $219.76 strike price — allowing Creed to exercise 72% below the current stock price that regular investors have to pay today. Creed’s proceeds of $26.2 million had a weighted average of $808.98 per share, slightly below the filing’s $812.98 valuation for shares surrendered to cover his exercise price or tax liability. He disposed of 12,002 shares under a filing code for paying an exercise price or tax liability. Their value almost exactly matched the grant’s $9.76 million exercise cost. Even after the incredible payday, Creed’s August 28 sale only reduced his 2021-vintage options grant to zero. In addition, Caterpillar’s proxy fil...