Author

admin

Browsing

Here’s a quick recap of the crypto landscape for Friday (October 10) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) was priced at US$116,726, a 3.6 percent decrease in 24 hours. Its lowest valuation of the day was US$116,242, and its highest was US$122,359, recorded shortly after trading began on major indexes.

Bitcoin price performance, October 10, 2025.

Chart via TradingView.

Bitcoin has logged a weekly loss of around 5.2 percent.

Key support zones are being tested, which could attract dip buyers, potentially setting the stage for a rebound. However, a sustained break below could invite additional downside before market stability returns.

The week was capped by a sharp selloff as Bitcoin dipped in late Friday trading, triggering over US$850 million in liquidations in 24 hours, with the majority being long positions. A contraction in futures open interest confirms that traders are exiting leveraged positions and further supports the narrative of a healthy market reset.

The immediate focus will be on Bitcoin’s ability to reclaim its US$117,000 to US$120,000 support zone over the weekend. Technical momentum indicators suggest the market remains in a consolidation phase, with volatility compression possibly foreshadowing a large directional move in the coming weeks.

Ether (ETH) was priced at US$3,998.07, an 8 percent decrease in 24 hours. Its lowest valuation of the day was US$3,976.33, and its highest was US$4,386.23.

Altcoin price update

  • Solana (SOL) was priced at US$205.98, a decrease of 5.8 percent over the last 24 hours. Its lowest valuation of the day was US$204.77, and its highest was US$224.06.
  • XRP was trading for US$2.68, a decrease of 3.8 percent over the last 24 hours and near its lowest valuation of the day. Its highest was US$2.83.

Today’s crypto news to know

International banks explore stablecoin issuance

A group of leading international banks, including BNP Paribas (EPA:BNP), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), Deutsche Bank (NYSE:DB), Citigroup (NYSE:C), UBS Group (NYSE:UBS) and others, has announced a joint exploration into issuing a stablecoin pegged to major G7 fiat currencies.

The initiative seeks to use digital assets to create a stable payment option that boosts competition and efficiency in financial markets, especially cross-border payments. The banks emphasize that they will ensure full compliance with regulatory requirements and adopt best risk management practices.

The project is in its early stages and will involve ongoing coordination with regulators and supervisors across relevant markets. While no specific timeline has been announced, this collaboration signals growing institutional interest in blockchain-based financial innovation.

Kalshi completes Series D funding round, expands internationally

Kalshi completed a Series D funding round of over US$300 million led by Sequoia Capital and Andreessen Horowitz (a16z), with participation by Paradigm, CapitalG, Coinbase Ventures, General Catalyst and Spark Capital.

The latest round brings the company’s valuation to US$5 billion and comes after Kalshi closed a separate US$185 million funding round in June; it was led by Paradigm and also featured Sequoia. The platform also announced an international expansion with an immediate launch in 140 new markets.

“International users can now access the platform via the Kalshi website with an identical product experience to American users,” the company said in a press release.

Prestige Wealth secures funding for digital gold treasury, rebrands as Aurelion

Prestige Wealth (NASDAQ:AURE) announced it has secured approximately US$150 million in financing to establish Nasdaq’s first digital gold treasury focused on Tether Gold, a gold-backed stablecoin issued by Tether. This milestone is part of a broader plan to integrate tokenized gold into the company’s reserve assets. As part of the transition, Prestige Wealth will rebrand itself as Aurelion and start trading under the ticker symbol AURE on October 13.

The financing package consists of a US$100 million private investment in public equity, with Antalpha Platforms as the lead investor, supported by Tether and Kiara Capital. Additionally, there is a US$50 million senior debt facility. Most of these funds will be allocated to acquiring Tether Gold, which will serve as Aurelion Treasury’s reserve asset.

XRP, DOGE, SOL slip as US$2.7 billion flows into Bitcoin ETFs

Major altcoins faced losses on Friday as cryptocurrency traders took profits from Bitcoin’s record-breaking rally, even as spot exchange-traded fund (ETF) demand remained strong.

Solana, XRP, Dogecoin and Cardano each slid up to 3 percent, according to CoinDesk. Despite the retreat, US-listed Bitcoin ETFs drew US$2.72 billion in inflows this week, highlighting resilient institutional appetite.

The ETF surge underscores Bitcoin’s growing role as a “digital safe haven,” especially amid gold’s surge above US$4,000 per ounce. However, a possible pullback to the US$107,000 to US$115,000 range could be imminent ahead of the US Federal Reserve’s October policy meeting.

EU dismisses ECB’s call for new stablecoin rules

The European Commission said Friday that existing crypto regulations under MiCA are adequate to handle stablecoin risks, pushing back on calls from the European Central Bank (ECB) for stricter oversight.

According to Reuters, the ECB had urged Brussels to introduce new safeguards against “multi-issuance” models, where stablecoins minted outside the EU could be treated as interchangeable with those issued within.

Industry groups, including members like Circle Internet Group (NYSE:CRCL), asked the commission to formally clarify that multi-issuance is allowed under current rules. In a statement to Reuters, the commission said MiCA already provides a “robust and proportionate framework,” and that further guidance will be published soon.

The ECB’s main concern is that redemptions from non-EU tokens could drain reserves inside the bloc, posing systemic risks. Stablecoin issuers countered that their reserve structures already mitigate such threats.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (October 13) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin (BTC) and major cryptocurrencies rebounded at the start of the week, regaining ground after a sharp October 10 selloff triggered by US President Donald Trump’s renewed tariff threats against China. The correction, which wiped out billions in leveraged positions, marked one of the largest single-day liquidations in crypto trading history.

Bitcoin price performance, October 13, 2025.

Chart via TradingView.

Bitcoin has climbed 2.2 percent in the past 24 hours to trade above US$114,200; the coin plunged below US$109,000 late on October 10 after setting a record high near US$126,200 earlier last week.

The weekend rebound followed Trump’s more conciliatory Truth Social post on October 12, where he wrote:

“Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!”

Data from CoinGlass reveals over 1.6 million trades were liquidated on October 10, amounting to more than US$19 billion in forced sales across the crypto market. Other reports place the figure at roughly US$20 billion, the largest single-day liquidation in crypto history, as leveraged long positions on Bitcoin and Ether were rapidly unwound.

The event also saw major altcoins like XRP, Dogecoin and Cardano slump by as much as 30 percent, deepening what traders have described as a “cascade of leveraged liquidations.”

According to Bitcoin researcher Axel Adler Jr., the October 10 shock “changed the regime to moderately bearish,” though market structure indicators suggest the downturn has yet to reach capitulation levels.

Adler also notes that the Bitcoin Bull-Bear Structure Index dropped by 8 percent, and a further decline to -15 percent would “signal continued bearish pressure and the risk of retesting local lows.”

Bitcoin dominance in the crypto market now stands at 56.01 percent.

Ether (ETH) was trading at US$4,105.84 as of the time of this writing. Its lowest valuation on Monday was US$3,802.06, and its highest was US$4,196.98.

Altcoin price update

  • Solana (SOL) was priced at US$199.11, an increase of 5.8 percent over the last 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$179.
  • XRP was trading for US$2.57, up by 6.8 percent over the last 24 hours. Its lowest valuation of the day was US$2.37, and its highest was US$2.64.

ETF data and derivatives trends

The Fear & Greed Index currently reads 40, climbing back to neutral territory after crashing to ‘fear’ last week.

Last week, the cumulative net flows for spot Bitcoin exchange-traded funds (ETFs) were predominantly positive despite the sudden crash on the tail end. According to data from the week of October 6 to October 12, spot Bitcoin ETFs had inflows on four days, with October 10 being the outlier at US$4.5 million in outflows. The inflows were led by BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) and the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC).

Cumulative total inflows for spot Bitcoin ETFs stood at US$62.77 billion as of October 10.

Today’s crypto news to know

Crypto funds log US$3.17 billion in inflows despite tariff turmoil

Digital asset investment products saw US$3.17 billion in inflows last week, shrugging off the volatility sparked by renewed US-China tariff tensions. According to CoinShares, Bitcoin accounted for $2.67 billion of that total, underscoring its dominance in institutional portfolios as exchange-traded product volumes hit a record US$53 billion.

US spot Bitcoin ETFs alone attracted US$2.71 billion, even as major cryptocurrencies corrected midweek. October 10’s minor US$159 million outflow suggests investors were largely unfazed by short-term market shocks.

Furthermore, year-to-date inflows have reached a record US$48.7 billion, already surpassing 2024’s full-year total, which analysts say is indicative of a resilient capital rotation into crypto.

House of Doge to list on Nasdaq

In a bid to bring Dogecoin deeper into traditional finance, House of Doge — the corporate arm of the Dogecoin Foundation — announced plans to debut on the Nasdaq via a reverse merger with Brag House Holdings (NASDAQ:TBH).

CEO Marco Margiotta said the listing will help fund new payment and yield infrastructure for Dogecoin, including a pending spot ETF with 21Shares and a treasury product already trading on the NYSE. Backers include Elon Musk’s attorney Alex Spiro, former Texas Governor Rick Perry and members of the Steinbrenner family.

Margiotta said being public will accelerate Dogecoin’s integration into retail payments and cultural sectors like sports, where the firm plans to launch tokenized fan initiatives.

Dogecoin rose more than 10 percent following the announcement. The deal is expected to close in early 2026.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Forte Minerals Corp. (‘Forte’ or the ‘Company’) ( CSE: CUAU ) ( OTCQB: FOMNF ) ( Frankfurt: 2OA ) is pleased to announce that the Board of Directors has appointed Patrick Evans as an Independent Director and Chairman of the Board.

Mr. Evans brings over 25 years of senior mining executive leadership experience, specializing in mergers and acquisitions, capital markets, and the development of world-class assets across four continents. He currently serves as Chairman of Pan Global Resources Inc.

Mr. Evans’s career includes leading multiple public companies to successful exits and significant value creation. He previously served as CEO of Dominion Diamond Mines and Mountain Province Diamonds Inc. He led the sale of several companies, including Norsemont Mining Inc. (acquired by Hudbay Minerals), Weda Bay Minerals Inc. (acquired by Eramet S.A.), and Southern Platinum (acquired by Lonmin PLC).

Mr. Evans holds degrees in arts and science from the University of Cape Town and previously served as South Africa’s Consul-General to Canada (1994–1998). His industry leadership has been recognized with both the Prospectors & Developers Association of Canada’s Viola R. MacMillan Award and the Association for Mineral Exploration’s Hugo Dummett Award .

The Board is confident that Mr. Evans’s proven track record in mergers, acquisitions, capital markets, and advancing complex multinational operations will directly support Forte as it develops its copper and gold projects in Peru. His appointment significantly enhances the Board’s independence and corporate governance oversight.

As the Independent Chairman, Mr. Evans will oversee Forte’s Board and ensure that management decisions align with the interests of shareholders and the Company’s long-term strategic objectives.

Patrick Elliott , President and CEO of Forte, stated, The appointment of Patrick Evans represents a transformational addition to Forte Minerals’ Board of Directors. As one of the most accomplished executives in the global mining industry, Mr. Evans brings a distinguished record of leading high-growth companies through major transactions, capital market success, and the development of tier-one mineral assets. His strategic insight and leadership will be instrumental as Forte advances its high-quality copper and gold portfolio in Peru and continues to unlock substantial long-term value for shareholders ‘.

Mr. Evans added, ‘Forte Minerals has built an exceptional portfolio of exploration projects in one of the world’s premier mining jurisdictions. I am excited to collaborate with the Board and management team to unlock the full potential of these assets and drive meaningful growth and value creation for all stakeholders.’

Forte Minerals would also like to extend its sincere gratitude to Mr. Doug Turnbull, P.Geo., who has resigned from the Board of Directors. Mr. Turnbull has served as an Independent Director and Chair of the Compensation Committee since 2010.

Over his fourteen years of dedicated service, Mr. Turnbull has been an integral part of Forte’s growth and governance, bringing more than 30 years of global exploration experience and thoughtful leadership to the Board. His geological expertise and steady guidance have helped shape the Company’s strategic direction from its early stages to its current milestones.

Mr. Turnbull is stepping down on excellent terms to pursue a new opportunity with VBKOM, an engineering company based in South Africa.

The Board and management wish to thank him for his longstanding commitment, professionalism, and contribution to Forte’s success, and wish him continued achievement in his new role.

Corporate Update: Option Grants

In connection with his appointment to the Board of Directors and as Independent Chair of the Company, Mr. Patrick Evans was granted 500,000 stock options. Each option is exercisable for 5 years to acquire one common share of the Company at a price of C$0.78 per share, consistent with the exercise price granted to other directors in recent stock option issuances.

The Company also granted an aggregate of 2,250,000 stock options to directors, officers, and consultants pursuant to its existing stock option plan.

In total, 2,750,000 stock options were granted. All Options are exercisable at $0.78 per share for a period of five years, subject to the terms of the plan and applicable regulatory approvals.

ABOUT Forte Minerals CORP.

Forte Minerals Corp. is an exploration company with a strong portfolio of high-quality copper (Cu) and gold (Au) assets in Peru. Through a strategic partnership with GlobeTrotters Resources Perú S.A.C. , the Company gains access to a rich pipeline of historically drilled, high-impact targets across premier Andean mineral belts. The Company is committed to responsible resource development that generates long-term value for shareholders, communities, and partners.

On behalf of Forte Minerals CORP.

(signed) ‘ Patrick Elliott’
Patrick Elliott, MSc, MBA, PGeo
President & Chief Executive Officer

Forte Minerals Corp.
info@forteminerals.co m
www.forteminerals.com

For further information, please contact:
Investor Inquiries
Kevin Guichon, IR & Capital Markets
E: kguichon@forteminerals.com
C: (604) 612-9976

Media Contact
Anna Dalaire, VP Corporate Development
E: adalaire@forteminerals.com
T: (604) 983-8847

Follow Us On Social Media : LinkedIn | Instagram | X | Meta | The Drill Down; Newsletter

Certain statements included in this press release constitute forward-looking information or statements (collectively, ‘forward-looking statements’), including those identified by the expressions ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘should’ and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements relating to the intended use of proceeds of the Strategic Placement. These forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company with respect to the matter described in this press release. Forward-looking statements involve risks and uncertainties, which are based on current expectations as of the date of this release and subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Additional information about these assumptions and risks and uncertainties is contained under ‘Risk Factors and Uncertainties’ in the Company’s latest management’s discussion and analysis, which is available under the Company’s SEDAR+ profile at www.sedarplus.ca, and in other filings that the Company has made and may make with applicable securities authorities in the future.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information or statements to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company’s forward-looking statements.

Neither the Canadian Securities Exchange (the ‘CSE’) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d4b54275-2dff-445f-bc54-06bb0775c8e5

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

Two years ago, I was kidnapped by Boko Haram. They held me captive, and every day I prayed that I would see my family again. By a miracle of God, I was able to escape. 

Sadly, most Christians who are captured by this terrible organization never live to tell their stories. And unless the West intervenes, kidnappings like mine — as well as killings — will only increase in my country, spread across the African continent and threaten the rest of the world. 

Today, as I travel throughout Nigeria providing relief as part of my work with iReach Global, I see that the violence has only grown—spreading like wildfire across the middle of my country, leaving behind a trail of ashes, mass graves and shattered lives. 

This year has brought wave after wave of coordinated attacks in Central Nigeria. More than 7,000 Christians have been killed. Entire villages — most of them Christian farming communities — were razed. Families now live in makeshift camps, traumatized and uncertain if they’ll ever return home. 

In early April, multiple coordinated assaults in the Bokkos area claimed hundreds of lives within a week. One community alone reported 52 deaths in a single attack, with thousands forced to flee. 

Later that month, in an area called Bassa, at least 51 people were slaughtered in a pre-dawn raid. The attackers came silently, setting homes ablaze and killing entire families as they slept. In Riyom, ambushes and targeted killings continued for months afterward. In one case, a bus full of passengers was stopped and attacked — 12 people killed on the spot. 

These are not random acts of violence. They are systematic, coordinated attempts to erase Christian communities from the region. 

As someone who has walked through burned villages and prayed with survivors, I can tell you the reality is even worse than the statistics suggest. I’ve seen mothers weeping beside mass graves. The smell of smoke from the smoldering remains of churches and schools still clings to my clothes. I’ve also spoken with children who no longer sleep through the night because they fear the next attack will come for them. 

This is not simply a matter of ‘clashes’ between farmers and herders, as government officials sometimes claim. It is a campaign of terror. It’s ethnic and religious cleansing disguised as conflict over land. 

And yet, the Nigerian government continues to downplay the crisis — failing to provide protection, food or medical care to the displaced. Some local leaders even warn communities not to speak to the media. But silence will not save us. 

I’ve seen mothers weeping beside mass graves. The smell of smoke from the smoldering remains of churches and schools still clings to my clothes.

The Nigerian government bears the primary responsibility to protect its people. That must begin with immediate and adequately resourced security deployments to protect vulnerable communities — especially during planting and harvest seasons when farmers are most exposed. Humanitarian corridors must be opened to deliver food and aid to thousands now living in desperate conditions. 

Independent investigations are also essential. Impunity is the oxygen that fuels these killings. Perpetrators must be identified and prosecuted—no matter their political connections or tribal affiliations. 

At the same time, Nigeria’s political class must stop turning our suffering into campaign slogans. I’ve heard politicians invoke the blood of victims as talking points during election campaigns while refusing to act. This must end. The lives of our people are not bargaining chips. 

The United States and other Western nations cannot look away. They have both the moral obligation and the diplomatic tools to press Nigeria toward real accountability. I believe the U.S. State Department must reinstate Nigeria’s designation as a Country of Particular Concern for egregious violations of religious freedom. This would send a clear signal to my government that the world is watching, and the killing of Christians in Nigeria will not be ignored. 

In addition, international partners should expand support for independent investigations and humanitarian assistance. I have visited many of these camps; the needs are immense. In some camps, families survive on one meal a day, drinking from muddy puddles, with no one to treat their wounds. Children go months without schooling. The international community can help fund the rebuilding of homes and provide psychosocial support for those who have endured unspeakable loss. 

The victims of these attacks are not soldiers or combatants. They are farmers, families, children and elders. They want nothing more than to live in peace, tend their fields and worship freely. Yet they have become targets of a campaign of hate. 

If urgent action is not taken, we risk watching entire Christian communities vanish from Nigeria’s Middle Belt. Not only that, but the reign of terror will continue to grow across the Sahel region of Africa and could ultimately threaten global security. 

And the silence of the world will be remembered as complicity. 

As someone who has survived the terror of Boko Haram and now witnesses this unfolding genocide, I plead with the global community: Do not look away. The suffering here is real, and it is growing. 

Nigeria is bleeding. But it does not have to be this way. With courage and help from the international community, we can still stop the slaughter and begin the long work of rebuilding. 

This post appeared first on FOX NEWS

White House Deputy Chief of Staff Dan Scavino is poised to play an even larger role in President Donald Trump’s administration, the president announced Sunday.

Trump says Scavino, in addition to his current role, will now lead the White House Presidential Personnel Office. The office was previously held by Sergio Gor, who is now transitioning to become the U.S. Ambassador to India.

‘I am pleased to announce that the great Dan Scavino, in addition to remaining Deputy Chief of Staff of the Trump Administration, will head the White House Presidential Personnel Office, replacing Sergio Gor, who did a wonderful job in that position, and will now become the Ambassador to India,’ Trump wrote on Truth Social.

‘Dan will be responsible for the selection and appointment of almost all positions in government, a very big and important position. Congratulations Dan, you will do a fantastic job!’ he added.

Scavino’s new appointment comes as the Trump administration is in a pitched fight with Democrats to define the cause of the ongoing government shutdown.

Trump allies have pointed to Senate Minority Leader Chuck Schumer’s refusal to work with Republicans.

The president also sought to mitigate damage on Saturday by ordering War Secretary Pete Hegseth to make sure military service members get paid next week, regardless of the shutdown.

‘Chuck Schumer recently said, ‘Every day gets better’ during their Radical Left Shutdown,’ Trump wrote on Truth Social. ‘I DISAGREE! If nothing is done, because of ‘Leader’ Chuck Schumer and the Democrats, our Brave Troops will miss the paychecks they are rightfully due on October 15th.’

He said he directed Hegseth ‘to use all available funds to get our Troops PAID on October 15th. We have identified funds to do this, and Secretary Hegseth will use them to PAY OUR TROOPS.’

The government shut down on Oct. 1, after Democrats and Republicans failed to pass a spending bill to fund the government, with Democrats concerned expiring Affordable Care Act tax cuts could raise premiums and that Medicaid cuts could leave people without coverage.

Fox News’ Brie Stimson contributed to this report

This post appeared first on FOX NEWS

President Donald Trump has launched an unprecedented war against cartels and has threatened narco-terrorists, saying he will ‘blow you out of existence’ as his administration seeks to curb the influx of drugs into the U.S. 

The White House sent lawmakers a memo Sept. 30 informing them that the U.S. is now participating in a ‘non-international armed conflict’ with drug smugglers — on top of conducting four fatal strikes against alleged drug boats in the Caribbean since September. 

The Department of War recently announced a new counter-narcotics Joint Task Force in the Southern Command area of responsibility, according to Secretary of War Pete Hegseth. 

The aim of the task force is to ‘crush the cartels, stop the poison, and keep America safe,’ Hegseth wrote on X Friday. ‘The message is clear: if you traffic drugs toward our shores, we will stop you cold.’

These recent developments suggest that Trump is eyeing targets within Venezuela, not just those within international waters, according to Geoff Ramsey, a senior fellow at the Atlantic Council international affairs think tank.

‘This is a sign that President Trump is taking the US war on drugs in Latin America to the next level,’ Ramsey said in a Monday email to Fox News Digital. ‘By involving the military, the president is going after drug cartels in a way that no previous US administration has dared to so far. I think it is likely that we will see the Pentagon evaluate targets inside Venezuela.’

Additional strikes could target more drug shipments or drug flights, which often take off from covert airfields near the Colombian border, Ramsey said. 

‘It’s a bad time to be posted in a guerrilla camp on the Colombian border or operating a Tren de Aragua safe house along the Caribbean trafficking route,’ Ramsey said. 

Even so, Ramsey said it would be challenging to strike within Venezuela’s territory. Doing so would require the U.S. to dismantle Venezuela’s air defense system, which would escalate hostilities by openly engaging with Venezuela’s military, he said. 

That’s a departure from the current approach, in which the U.S. has intentionally avoided targeting Venezuelan military assets, Ramsey said. 

‘When two Venezuelan F-16s flew over a US destroyer last month, the fact that those planes weren’t blown out of the sky suggests that the US is not interested in a shooting war with Venezuela’s military,’ Ramsey said. 

Trump himself has not ruled out conducting strikes within Venezuela though, and signaled such strikes could happen when he told military leaders in Quantico, Virginia, Sept. 30 that his administration would ‘look very seriously at cartels coming by land.’

So far, the Trump administration has utilized maritime forces to address drug threats, and has beefed up naval assets in the Caribbean in recent months. For example, Trump approved sending several U.S. Navy guided missile destroyers to bolster the administration’s counter-narcotics efforts in the region starting in August. 

‘I expect these deployments to continue for months or more than a year, with new ships rotating in to replace those that need to return home for maintenance or crew rest,’ Bryan Clark, director of the Hudson Institute think tank’s Center for Defense Concepts and Technology, told Fox News Digital in September. 

Nathan Jones, a nonresident scholar in drug policy and Mexico studies at Rice University’s Baker Institute for Public Policy, predicted the strikes are unlikely to impact the flow of fentanyl into the U.S. That’s because fentanyl precursors originate in China, and are then produced in labs in Mexico before they head north without a pathway into the Caribbean. 

‘I wouldn’t expect your drug flow to be affected because of these strikes,’ Jones told Fox News Digital Tuesday. ‘This could, though, leave transnational criminal organizations running a little scared in terms of what the administration is going to do.’ 

Still, Jones said that he predicted drug flow routes would adapt and that land or aerial drug routes would take precedence over sea routes in the Caribbean. 

The strikes have prompted members of Congress to question their legality and senators Adam Schiff, D-Calif., and Tim Kaine, D-Va., filed a war powers resolution in September that would block U.S. forces from engaging in ‘hostilities’ against certain non-state organizations. 

‘There has been no authorization to use force by Congress in this way,’ Schiff told reporters Wednesday. ‘I feel it is plainly unconstitutional. The fact that the administration claims to have a list and has put organizations on a list does not somehow empower the administration to usurp Congress’s power of declaring war or refusing to declare war or refusing to authorize the use of force.’ 

However, the measure failed in the Senate by a 51–48 margin Wednesday. Even so, the measure attracted support from Republicans Rand Paul of Kentucky and Lisa Murkowski of Alaska, who voted alongside their Democratic counterparts for the resolution. 

Other Republicans have defended the strikes though, and Senate Foreign Relations Committee Chairman Sen. Jim Risch, R-Idaho, said that Trump’s actions were well within his rights and that the resolution was ‘unreasonable.’ 

‘When he sees an attack like this coming — an attack of drugs or explosives or anything else that’s going to kill Americans — he not only has the authority to do something about it, he has the duty to do something about it,’ Risch said Wednesday before the vote. 

This post appeared first on FOX NEWS

President Donald Trump said Sunday that Hamas may release the 20 hostages it is holding ‘a little bit early.’

Trump spoke with reporters aboard Air Force One en route to the Middle East, where he was asked about the latest on the hostages and when they might be released.

‘So, they have the hostages — I understand all 20 — and we may get them out a little bit early,’ Trump said. ‘Getting them was amazing, actually, because we were involved, and they were in places you don’t want to know about.’

The president’s comments come as Hamas faces a deadline to return all remaining hostages to Israel, following a peace deal that ended the two-year-long Israel-Hamas war.

The peace agreement, brokered by President Trump, sparked celebrations across a region plagued by violence since the Hamas terror attacks on Israel on Oct. 7, 2023.

Earlier on Sunday, Vice President JD Vance warned that some of the hostages who were killed while in captivity by Hamas may never be returned to their families.

‘The reality is that some of the hostages may never get back, but I do think, with some effort, we’ll be able to give them to their families so they at least have some closure,’ Vance said on Fox News’ ‘Sunday Morning Futures.’

He continued, noting that while rescuing living hostages remains the Trump administration’s top priority, returning the remains of those killed is also an important effort to give families closure.

‘We do want to give these people the ability to have a proper burial with their loved ones who were murdered by brutal terrorists, and that matters to us,’ Vance said. ‘It matters to the families, and it will remain a focus, but it’s going to take some time.’

The vice president stopped short of certainly, though, saying he believes most of the victims’ remains – but not all – will eventually be recovered.

Fox News Digital’s Taylor Penley contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump will spend the first part of the week in the Middle East to oversee a historic peace deal between Israel and Hamas, a landmark agreement expected to end the two-year war in Gaza and bring home the remaining hostages.

Before boarding Air Force One, Trump told reporters that the hostages could be released earlier and said Israeli Prime Minister Benjamin Netanyahu did a ‘very good job’ helping secure the deal.

‘The war is over,’ Trump told reporters at Joint Base Andrews before boarding a nearly 12-hour flight to Israel. After landing in Tel Aviv, Trump is expected to meet with families of hostages and then give an address at the Knesset, Israel’s parliament, in Jerusalem.

Trump will then travel to Egypt to attend an international summit in the seaside city of Sharm el-Sheikh on Monday to finalize an agreement aimed at ending the war in Gaza. More than 20 world leaders, including Trump, are expected to attend, an Egyptian presidential spokesperson said, according to Reuters.

After a handful of hours in Israel and Egypt, Trump will board Air Force One and return to the White House in the early morning hours on Tuesday in order to honor the late Charlie Kirk with the Presidential Medal of Freedom, the nation’s highest civilian award.

‘It’s a very quick trip, but I’ll be making two major stops, and then I’ll be on the plane trying to get back in time for Charlie,’ Trump told reporters at the White House on Friday. ‘They’re going to have a great celebration at the White House in the East Room,’ he added. The award ceremony coincides with what would have been Kirk’s 32nd birthday on Oct. 14.

Kirk, the charismatic founder of Turning Point USA (TPUSA), gained recognition for his signature political debates on college campuses. He was assassinated on Sept. 10, during an outdoor event at Utah Valley University. The gathering was the first stop on TPUSA’s planned ‘American Comeback Tour.’

Kirk’s memorial service drew one of the largest public turnouts for a private citizen, with about 90,000 people in attendance at State Farm Stadium in Glendale, Arizona and nearby overflow venues.

Trump previously announced last month that he would award Kirk the award posthumously.

This post appeared first on FOX NEWS

Monday marks the 100th anniversary of Margaret Thatcher’s birth – an occasion that brings together leaders and supporters from across the Atlantic to pay tribute to her life. 

We at the Ronald Reagan Presidential Foundation & Institute are honored to participate in the celebration, an occasion that also invites us to reflect on her legacy and connection with Ronald Reagan in the context of our modern era. Namely, what made her partnership with President Reagan so effective, and what might it teach us today about how civility can shape world affairs?

Ronald Reagan and Margaret Thatcher’s effectiveness – both in dealings with each other and in other world leaders with whom they were less naturally aligned – depended on trust and civility. In today’s divided political world, their example is one we can all learn from.

When we think of the two leaders, we tend to picture strength: two leaders who stood firm against communism, championed free markets and restored confidence in the West. But President Reagan also believed that personal relationships were central to politics. In a 1989 letter in National Review, he crystallized that sentiment as follows: ‘personal relations matter more in international politics than the historians would have us believe.’

That was the core of his approach: even the hardest negotiations work best when leaders see each other as partners, not just opponents. It doesn’t mean that personal relationships supersede national interest – great leaders have to be unwavering at times – but it does mean that a key component of good diplomacy is the ability to remain civil and acknowledge others’ humanity, be they adversaries or allies.

Margaret Thatcher and Ronald Reagan’s leadership in Soviet Union dealings demonstrates this principle in action. For instance, when Mikhail Gorbachev emerged on the world stage, Thatcher chose to approach him as a person worthy of negotiation rather than a caricature of Soviet power. ‘We can do business together,’ she pragmatically asserted. And she was right. Though their visions for their country were vastly different, grounding Soviet negotiations in respect and practical assessment made diplomacy possible.

Importantly, President Reagan and Prime Minister Thatcher never abandoned principle for politeness. They were strong leaders, firm and uncompromising in their convictions. But civility gave them the leverage to achieve what force or rhetoric alone could not. 

The INF Treaty, the fall of the Berlin Wall, and the eventual end of the Cold War all depended on this kind of disciplined, strategic civility. Leaders could disagree sharply and even spar aggressively, but they never allowed that disagreement to destroy trust or get in the way of progress.

Civility is not a moral high road, it’s a tool. It allowed these leaders to be candid with each other, trusting they would be received with understanding – and creating the strong foundation which underpinned the U.S. and U.K. alliance. Then as now, civility creates space for honest conversations. It allows important initiatives to move forward without unnecessary friction.

Today, that lesson is urgent. The United States and our democratic allies face pressure from resurgent authoritarian powers, global instability and domestic polarization. The instinct to respond with anger or mistrust is strong. But history shows that enduring security and progress come from discipline, mutual respect and the ability to maintain civility even under pressure. 

And in times of global tension, reinforcing alliances matters more than ever. We saw this exemplified by President Donald Trump in his recent meeting with U.K. Prime Minister Keir Starmer, where he declared, ‘We have a relationship like no other… we will always be united.’ His statement embodies the Reagan-Thatcher alliance at its best. This disposition is a precursor to any constructive discussions about advancing security and stability, especially when it comes to complex issues such as these.

President Reagan and Prime Minister Thatcher remind us that civility is not deference; rather, it is a practical strategy for getting things done. As we remember Margaret Thatcher on her 100th birthday, we should also remember the example she set. Civility enabled both leaders to be effective and, ultimately, to shape history. In a world full of uncertainty and division, their legacy remains as essential now as it was then.

This post appeared first on FOX NEWS

Perth, Australia (ABN Newswire) – OTC Markets Group Inc. (OTCMKTS:OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced that Locksley Resources Ltd (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF), an exploration and development company focused on rare earths and antimony critical minerals, has qualified to trade on the OTCQX Best Market.

Highlights

– Locksley Resources Limited has qualified to trade on the OTCQX(R) Best Market, upgrading from the OTCQB(R) Venture Market

– Trading on OTCQX enhances Locksley’s visibility and accessibility to U.S. investors, supporting its U.S. focused critical minerals strategy

– Locksley’s flagship Mojave Project in California is strategically located adjacent to MP Materials’ Mountain Pass Mine, targeting rare earth elements (REEs) and antimony as part of a fully integrated mine-tomarket strategy

– The Company’s downstream technology partnerships underpin its role in re-establishing U.S. domestic supply chains for critical materials, with a particular focus on antimony

– Rare earths and Antimony are front and center in the global race to secure critical materials, with Locksley’s Mojave Project positioned at the heart of America’s efforts to restore domestic supply independence through a 100% U.S. mine-to-market strategy

Locksley has upgraded to OTCQX from the OTCQB Venture Market, and the symbol remains as ‘LKYRF.’ U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

Rare Earths & Antimony – Front and Centre in a Shifting Global Landscape

Locksley’s progression to the OTCQX comes amid escalating global focus on rare earth security, following new export restrictions and rising trade tensions. As nations move to safeguard access to critical materials, Locksley’s Mojave Project stands at the center of America’s effort to restore domestic supply independence. With a fully integrated mine-to-market strategy across antimony and rare earths, the Company is advancing a 100% American made approach that aligns directly with U.S. national policy priorities and the reshoring of strategic materials.

Nathan Lude – Head of Strategy, Capital Markets & Commercialisation commented

‘Graduating to the OTCQX Market in record time since our initial listing just over three months ago, is a significant milestone for Locksley as we broaden our visibility and accessibility to U.S. investors. Our Mojave Rare Earths and Antimony Critical Minerals Project are strategically located in a tier-one jurisdiction adjacent to MP Materials’ Mountain Pass Mine. Locksley is positioned to play a pivotal role in re-establishing domestic supply chains through its mine-to-market strategy for critical materials, with a particular focus on antimony.’

About Locksley Resources Limited:

Locksley Resources Limited (ASX:LKY,OTC:LKYRF) (FRA:X5L) (OTCMKTS:LKYRF) is an ASX listed explorer focused on critical minerals in the United States of America. The Company is actively advancing exploration across two key assets: the Mojave Project in California, targeting rare earth elements (REEs) and antimony. Locksley Resources aims to generate shareholder value through strategic exploration, discovery and development in this highly prospective mineral region.

Mojave Project

Located in the Mojave Desert, California, the Mojave Project comprises over 250 claims across two contiguous prospect areas, namely, the North Block/Northeast Block and the El Campo Prospect. The North Block directly abuts claims held by MP Materials, while El Campo lies along strike of the Mountain Pass Mine and is enveloped by MP Materials’ claims, highlighting the strong geological continuity and exploration potential of the project area.

In addition to rare earths, the Mojave Project hosts the historic ‘Desert Antimony Mine’, which last operated in 1937. Despite the United States currently having no domestic antimony production, demand for the metal remains high due to its essential role in defense systems, semiconductors, and metal alloys. With significant surface sample results, the Desert Mine prospect represents one of the highest-grade known antimony occurrences in the U.S.

Locksley’s North American position is further strengthened by rising geopolitical urgency to diversify supply chains away from China, the global leader in both REE & antimony production. With its maiden drilling program planned, the Mojave Project is uniquely positioned to align with U.S. strategic objectives around critical mineral independence and economic security.

Tottenham Project

Locksley’s Australian portfolio comprises the advanced Tottenham Copper-Gold Project in New South Wales, focused on VMS-style mineralisation

About OTC Markets Group Inc.:

OTC Markets Group Inc. (OTCQX:OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX(R) Best Market, OTCQB(R) Venture Market, OTCID(TM) Basic Market and Pink Limited(TM) Market. Our OTC Link(R) Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.

Our innovative model offers companies more efficient access to the U.S. financial markets.

OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS(TM) are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

Source:
Locksley Resources Limited OTC Markets Group Inc.

Contact:
Locksley Resources Limited
T: +61 8 9481 0389
E: info@locksleyresources.com.au

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com