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: A federal grand jury has subpoenaed former CIA Director John Brennan, former FBI officials Peter Strzok and Lisa Page, among others as part of the Justice Department’s investigation into the origins of the Trump-Russia probe, Fox News Digital has learned.

Sources told Fox News Digital Brennan; Strzok, the FBI’s former deputy assistant director of counterintelligence; and Page, a former FBI lawyer, were served with federal subpoenas on Friday.

Law enforcement sources told Fox News Digital that up to 30 subpoenas will be issued in the coming days relating to the investigation.

The grand jury is out of the Southern District of Florida. U.S. attorney for the Southern District of Florida Jason Reding Quiñones is supervising the probe.

Fox News Digital first reported this summer that Brennan was under criminal investigation. 

Strzok and Page first came under scrutiny in 2018 when Justice Department Inspector General Michael Horowitz uncovered a series of anti-Trump text messages between them. Both were assigned to work on Special Counsel Robert Mueller’s team in 2017.

Page served on Mueller’s team on a short detail, returning to the FBI’s Office of General Counsel in July 2017. Strzok, though, was removed from the team and was reassigned to the FBI’s Human Resources Division. Prior to serving in the special counsel’s office, Strzok was a top agent in the bureau’s counterintelligence division.

Strzok is the FBI agent who, in July 2016, opened the FBI’s initial Russia investigation, which was nicknamed ‘Crossfire Hurricane’ inside the bureau.

Page resigned from the bureau in May 2018, and Strzok eventually was fired in August 2018.

Strzok was fired from the bureau in August 2018 after months of scrutiny regarding the anti-Trump text messages exchanged between himself and Page.

During congressional testimony in 2018, Strzok confirmed that he and Page were involved in an extramarital affair.

As for the criminal investigation into Brennan, CIA Director John Ratcliffe referred evidence of wrongdoing by Brennan to FBI Director Kash Patel for potential prosecution, DOJ sources told Fox News Digital.

Sources, at the time, said that the referral was received and told Fox News Digital that a criminal investigation into Brennan was opened and is underway. DOJ sources declined to provide further details. It is unclear, at this point, if the investigation spans beyond his alleged false statements to Congress.

The Brennan investigation came after Ratcliffe, this summer, declassified a ‘lessons learned’ review of the creation of the 2017 Intelligence Community Assessment (ICA). The 2017 ICA alleged Russia sought to influence the 2016 presidential election to help then-candidate Donald Trump. But the review found that the process of the ICA’s creation was rushed with ‘procedural anomalies,’ and that officials diverted from intelligence standards. 

It also determined that the ‘decision by agency heads to include the Steele Dossier in the ICA ran counter to fundamental tradecraft principles and ultimately undermined the credibility of a key judgment.’ 

The dossier — an anti-Trump document filled with unverified and wholly inaccurate claims that was commissioned by Fusion GPS and paid for by Democrat presidential candidate Hillary Clinton’s campaign and the DNC — has been widely discredited. Last week’s review marks the first time career CIA officials have acknowledged politicization of the process by which the ICA was written, particularly by Obama-era political appointees. 

Records declassified as part of that review further revealed that Brennan did, in fact, push for the dossier to be included in the 2017 ICA.

Brennan testified to the House Judiciary Committee in May 2023, however, that he did not believe the dossier should be included in that intelligence product.

Ratcliffe was not surprised by the review’s findings, a source familiar told Fox News Digital, given the director’s long history of criticizing Brennan’s politicization of intelligence. But Ratcliffe was compelled to refer aspects of Brennan’s involvement to the FBI for review of possible criminality, the source said.

The source was unable to share the sensitive details of Ratcliffe’s criminal referral to the FBI with Fox News Digital, but said that Brennan ‘violated the public’s trust and should be held accountable for it.’

The false statements portion of the probe stems from a newly declassified email sent to Brennan by the former deputy CIA director in December 2016. That message said that including the dossier in the ICA in any capacity jeopardized ‘the credibility of the entire paper.’

‘Despite these objections, Brennan showed a preference for narrative consistency over analytical soundness,’ the new CIA review states. ‘When confronted with specific flaws in the Dossier by the two mission center leaders – one with extensive operational experience and the other with a strong analytic background – he appeared more swayed by the Dossier’s general conformity with existing theories than by legitimate tradecraft concerns.’

The review added: ‘Brennan ultimately formalized his position in writing, stating that ‘my bottomline is that I believe that the information warrants inclusion in the report.’’

But Brennan testified the opposite in front of Congress in May 2023.

‘The CIA was very much opposed to having any reference or inclusion of the Steele dossier in the Intelligence Community Assessment,’ Brennan testified before the House committee, according to the transcript of his deposition reviewed by Fox News Digital. ‘And so they sent over a copy of the dossier to say that this was going to be separate from the rest of that assessment.’

CIA officials at the time of its creation pushed back against the FBI, which sought to include the dossier, arguing that the dossier should not be included in the assessment, and casting it as simply ‘internet rumor.’ 

Ultimately, Steele’s reporting was not included in the body of the final ICA prepared for then-President Barack Obama, but instead detailed in this footnote, ‘largely at the insistence of FBI’s senior leadership,’ according to a review by the Justice Department inspector general, and later, the Senate Intelligence Committee.

But back in June 2020, Ratcliffe, while serving as director of national intelligence, declassified a footnote of the 2017 ICA, which revealed that the reporting of Trump dossier author Christopher Steele had only ‘limited corroboration’ regarding whether then-President-elect Trump ‘knowingly worked with Russian officials to bolster his chances of beating’ Hillary Clinton and other claims.

The footnote, also known as ‘Annex A’ of the 2017 ICA, exclusively obtained by Fox News Digital in June 2020, spanned less than two pages and detailed reporting by Steele, the former British spy who authored the unverified anti-Trump dossier — a document that helped serve as the basis for controversial Foreign Intelligence Surveillance Act (FISA) warrants obtained against former Trump campaign aide Carter Page.

Steele’s reporting, at the time, was commissioned by opposition research firm Fusion GPS and funded by the Clinton campaign and the Democratic National Committee (DNC) through law firm Perkins Coie.

The footnote made clear the internal concerns officials had over that document.

‘An FBI source (Steele) using both identified and unidentified subsources, volunteered highly politically sensitive information from the summer to the fall of 2016 on Russian influence efforts aimed at the US presidential election,’ the annex read. ‘We have only limited corroboration of the source’s reporting in this case and did not use it to reach the analytic conclusions of the CIA/FBI/NSA assessment.’

‘The source collected this information on behalf of private clients and was not compensated for it by the FBI,’ it continued.

But the annex notes that Steele’s reporting was ‘not developed by the layered subsource network.’

‘The FBI source caveated that, although similar to previously provided reporting in terms of content, the source was unable to vouch for the additional information’s sourcing and accuracy,’ the annex states. ‘Hence this information is not included in this product.’

Justice Department Inspector General Michael Horowitz also reviewed the inclusion of Steele’s reporting in the ICA during his review of alleged misconduct related to the Foreign Intelligence Surveillance Act, or FISA.

His report, released in late 2019, found that there were ‘significant inaccuracies and omissions’ in FISA warrants for former Trump campaign aide Page. Those warrants relied heavily on Steele’s reporting, despite the FBI not having had specific information corroborating allegations against Page that were included in Steele’s reporting.

Meanwhile, Fox News Digital exclusively reported in October 2020 that Brennan briefed former President Obama and administration officials on intelligence that then-Democrat nominee former Secretary of State Clinton was stirring up a plan to tie Trump to Russia.

Ratcliffe, as director of national intelligence, declassified Brennan’s handwritten notes memorializing that meeting, which were exclusively obtained by Fox News Digital in October 2020.

On July 28, 2016, Brennan briefed Obama on a plan from one of Clinton’s campaign foreign policy advisors ‘to vilify Donald Trump by stirring up a scandal claiming interference by the Russian security service.’ 

Comey, then-Vice President Joe Biden, former Attorney General Loretta Lynch and former Director of National Intelligence James Clapper were in the Brennan-Obama briefing.

After that briefing, the CIA properly forwarded that information through a Counterintelligence Operational Lead (CIOL) to Comey and then-Deputy Assistant Director of Counterintelligence Peter Strzok, with the subject line: ‘Crossfire Hurricane.’

Fox News Digital exclusively obtained and reported on the CIOL in October 2020, which stated: ‘The following information is provided for the exclusive use of your bureau for background investigative action or lead purposes as appropriate.’

‘Per FBI verbal request, CIA provides the below examples of information the CROSSFIRE HURRICANE fusion cell has gleaned to date,’ the memo continued. ‘An exchange (REDACTED) discussing US presidential candidate Hillary Clinton’s approval of a plan concerning US presidential candidate Donald Trump and Russian hackers hampering US elections as a means of distracting the public from her use of a private email server.’

The FBI on July 31, 2016, opened a counterintelligence investigation into whether candidate Trump and members of his campaign were colluding or coordinating with Russia to influence the 2016 campaign. That investigation was referred to inside the bureau as ‘Crossfire Hurricane.’

Former Special Counsel Robert Mueller was appointed to take over the FBI’s original ‘Crossfire Hurricane’ investigation. After nearly two years, Mueller’s investigation, which concluded in March 2019, yielded no evidence of criminal conspiracy or coordination between the Trump campaign and Russian officials during the 2016 presidential election.

Shortly after, John Durham was appointed as special counsel to investigate the origins of the ‘Crossfire Hurricane’ probe.

Durham found that the FBI ‘failed to act’ on a ‘clear warning sign’ that the bureau was the ‘target’ of a Clinton-led effort to ‘manipulate or influence the law enforcement process for political purposes’ ahead of the 2016 presidential election.

‘The aforementioned facts reflect a rather startling and inexplicable failure to adequately consider and incorporate the Clinton Plan intelligence into the FBI’s investigative decision-making in the Crossfire Hurricane investigation,’ Durham’s report states.

‘Indeed, had the FBI opened the Crossfire Hurricane investigation as an assessment and, in turn, gathered and analyzed data in concert with the information from the Clinton Plan intelligence, it is likely that the information received would have been examined, at a minimum, with a more critical eye,’ the report continued.

Durham, in his report, said the FBI ‘failed to act on what should have been—when combined with other incontrovertible facts— a clear warning sign that the FBI might then be the target of an effort to manipulate or influence the law enforcement process for political purposes during the 2016 presidential election.’

The Justice Department, earlier this year, formed a ‘strike force’ to assess evidence publicized by Director of National Intelligence Tulsi Gabbard relating to former President Barack Obama and his top national security and intelligence officials’ alleged involvement in the origins of the Trump–Russia collusion narrative.

Meanwhile, Fox News Digital also first reported that Comey was under criminal investigation. Comey has been charged with making false statements and obstruction of a congressional proceeding. 

Comey has pleaded not guilty. His trial is expected to begin in January.

This post appeared first on FOX NEWS

A federal appeals court on Friday denied a Trump administration request to temporarily block a lower court ruling requiring the government to fully fund the Supplemental Nutrition Assistance Program (SNAP) program amid the government shutdown. 

The U.S. Court of Appeals for the 1st Circuit ruling comes as the U.S. Department of Agriculture on Friday said it is working to comply with a judge’s order to fully fund the program for November. 

On Thursday, U.S. District Judge Jack McConnell rejected the administration’s effort to only partially fund the benefits program for some 42 million low-income Americans for November as the shutdown drags on, giving the government 24 hours to comply. 

‘People have gone without for too long,’  McConnell said in court.

After the appeals court ruling, the Trump administration filed an emergency appeal to the U.S. Supreme Court, hoping it will step in by 9:30 p.m. ET Friday evening. 

‘Given the imminent, irreparable harms posed by these orders, which require the government to transfer an estimated $4 billion by tonight, the Solicitor General respectfully requests an immediate administrative stay of the orders pending the resolution of this application by no later than 9:30pm this evening,’ an administration spokesperson told Fox News. 

In a letter sent to all regional directors of the SNAP program on Friday, Patrick Penn, deputy undersecretary for USDA’s Food, Nutrition and Consumer Services, said, ‘FNS is working towards implementing November 2025 full benefit issuances in compliance with the November 6, 2025, order from the District Court of Rhode Island.’

He added, ‘Later today, FNS will complete the processes necessary to make funds available to support your subsequent transmittal of full issuance files to your EBT processor.’

Penn said the department would keep regional directors ‘as up to date as possible on any future developments and appreciate your continued partnership to serve program beneficiaries across the country. State agencies with questions should contact their FNS Regional Office representative.’

He scolded the Trump administration for failing to comply with the order he issued last week, which required the U.S. Department of Agriculture to fund the SNAP benefits programs before its funds were slated to lapse on Nov. 1, marking the first time in the program’s 60-year history that its payments were halted. 

The judge also said Trump officials failed to address a known funding distribution problem that could cause SNAP payments to be delayed for weeks or months in some states. He ordered the USDA to tap other contingency funds as needed.

‘It’s likely that SNAP recipients are hungry as we sit here,’ McConnell said Thursday. 

Trump administration officials said in a court filing earlier this week that they would pay just 65% of the roughly $9 billion owed to fund the SNAP program for November, prompting the judge to update his order and give the administration just 24 hours to comply.

‘The evidence shows that people will go hungry, food pantries will be overburdened, and needless suffering will occur,’ McConnell said. ‘That’s what irreparable harm here means.’

Fox News’ Breanne Deppisch contributed to this report. 

This post appeared first on FOX NEWS

The U.S. Supreme Court issued a temporary block on Friday on a lower court’s order requiring the Trump administration to fully fund the Supplemental Nutrition Assistance Program (SNAP) program amid the government shutdown. 

The decision came shortly after a federal appeals court on Friday denied a Trump administration request to temporarily block the lower court ruling.

On Thursday, U.S. District Judge Jack McConnell rejected the administration’s effort to only partially fund the benefits program for some 42 million low-income Americans for November as the shutdown drags on, giving the government 24 hours to comply. 

‘People have gone without for too long,’  McConnell said in court.

After the appeals court ruling, the Trump administration filed the emergency appeal to SCOTUS late Friday. 

‘Given the imminent, irreparable harms posed by these orders, which require the government to transfer an estimated $4 billion by tonight, the Solicitor General respectfully requests an immediate administrative stay of the orders pending the resolution of this application by no later than 9:30pm this evening,’ an administration spokesperson told Fox News. 

New York Attorney General Letitia James responded to the Supreme Court decision Friday, calling it a ‘tragedy.’ 

‘This decision is a tragedy for the millions of Americans who rely on SNAP to feed their families. It is disgraceful that the Trump administration chose to fight this in court instead of fulfilling its responsibility to the American people,’ she said in a statement. 

The Supreme Court ruling came after the U.S. Department of Agriculture on Friday said it is working to comply with a judge’s order to fully fund the program for November. 

In a letter sent to all regional directors of the SNAP program on Friday, Patrick Penn, deputy undersecretary for USDA’s Food, Nutrition and Consumer Services, said, ‘FNS is working towards implementing November 2025 full benefit issuances in compliance with the November 6, 2025, order from the District Court of Rhode Island.’

He added, ‘Later today, FNS will complete the processes necessary to make funds available to support your subsequent transmittal of full issuance files to your EBT processor.’

Penn said the department would keep regional directors ‘as up to date as possible on any future developments and appreciate your continued partnership to serve program beneficiaries across the country. State agencies with questions should contact their FNS Regional Office representative.’

He scolded the Trump administration for failing to comply with the order he issued last week, which required the U.S. Department of Agriculture to fund the SNAP benefits programs before its funds were slated to lapse on Nov. 1, marking the first time in the program’s 60-year history that its payments were halted. 

The judge also said Trump officials failed to address a known funding distribution problem that could cause SNAP payments to be delayed for weeks or months in some states. He ordered the USDA to tap other contingency funds as needed.

‘It’s likely that SNAP recipients are hungry as we sit here,’ McConnell said Thursday. 

Trump administration officials said in a court filing earlier this week that they would pay just 65% of the roughly $9 billion owed to fund the SNAP program for November, prompting the judge to update his order and give the administration just 24 hours to comply.

‘The evidence shows that people will go hungry, food pantries will be overburdened, and needless suffering will occur,’ McConnell said. ‘That’s what irreparable harm here means.’

Fox News’ Breanne Deppisch contributed to this report. 

This post appeared first on FOX NEWS

The Trump administration on Friday intensified its dispute with South Africa, saying no U.S. government official will attend the G20 Summit in Johannesburg in protest of what it describes as state-backed discrimination against White Afrikaners.

‘The lives and property of Afrikaners have been endangered by politicians who incite race-based violence against them, threaten to confiscate their farms without compensation, and prop up a corrupt race-based scoring system that discriminates against Afrikaners in employment,’ State Department Deputy Principal spokesperson Tommy Piggott told Fox News Digital.

‘South Africa must immediately end all government-sponsored discrimination against Afrikaners and condemn those who seek to ignite racial violence against them.’

Trump wrote on Truth Social on Friday that it’s a ‘total disgrace’ the G20, scheduled for Nov. 22 to Nov. 23, will be held in South Africa.

‘Afrikaners (People who are descended from Dutch settlers, and also French and German immigrants) are being killed and slaughtered, and their land and farms are being illegally confiscated,’ the president said. ‘No U.S. Government Official will attend as long as these Human Rights abuses continue. I look forward to hosting the 2026 G20 in Miami, Florida!’

Afrikaners have faced increasing hostility from some politicians who have called for violence against them and the threat of land confiscation.

South Africa’s Expropriation Act of 2024 allows the government to take land for public use, including in some cases without compensation — a policy the government says is aimed at addressing racial inequities in ownership, but one that critics warn could unfairly affect White Afrikaner farmers.

Trump confronted South African President Cyril Ramaphosa at the White House in May, pressing him on ‘White genocide’ in the country. Ramaphosa vehemently denied the claims. 

‘There is just no genocide in South Africa,’ he said. ‘We cannot equate what is alleged to be genocide to what we went through in the struggle because people were killed because of the oppression that was taking place in our country. So you cannot equate that.’

Trump played a video in the Oval Office of white crosses along a highway that he said depicted burial sites of White farmers.

‘Have they told you where that is, Mr. President?’ Ramaphosa asked. ‘I’d like to know where that is because this I’ve never seen.’

A senior State Department official told Fox News Digital that the Trump administration set a refugee cap for fiscal year 2026 of 7,500, with a majority of the spots reserved for Afrikaners fleeing what it describes as government-sponsored race-based discrimination in South Africa.

This post appeared first on FOX NEWS

Nevada Sunrise Metals Corporation (TSXV: NEV,OTC:NVSGF) (OTC Pink: NVSGF) (‘Nevada Sunrise’ or the ‘Company’) is pleased to announce it has closed a non-brokered private placement (the ‘Offering’) for gross proceeds of $650,000, consisting of 13,000,000 units (the ‘Units’) at a price of $0.05 per Unit, with each Unit comprised of one common share of the Company and one common share purchase warrant (a ‘Warrant’). Each Warrant will entitle the holder to purchase one common share at a price of $0.075 for a period expiring three years from the closing date of the Offering. Due to investor demand, the Offering was increased from $600,000 (12,000,000 Units) (see news release dated October 16, 2025) to $650,000 (13,000,000 Units).

Proceeds of the Offering will be used for:

  • Exploration work on the Company’s Nevada mineral properties;
  • Other mineral property investigations, and general working capital.

The Offering was available to accredited investors and individuals that qualified under certain other statutory exemptions. The securities issued pursuant to the Offering are subject to a statutory hold period expiring March 7, 2026. In connection with the closing of the Offering, the Company paid finder’s fees consisting of a total of $31,500 cash and 630,000 finder’s warrants (each a ‘Finder’s Warrant‘) to Canaccord Genuity Corp. Each Finder’s Warrant is exercisable at a price of $0.075 for a period of three years from the closing date of the Offering. The Offering is subject to acceptance of the TSX Venture Exchange.

This news release does not constitute an offer of sale of any of the foregoing securities in the United States. None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933, as amended (the ‘1933 Act‘) or any applicable state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable exemption from such registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in the State of Nevada, USA.

Nevada Sunrise holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers (33 miles) southwest of Ely, NV.

Nevada Sunrise holds the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.

Nevada Sunrise owns 100% interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, NV.

As a complement to its exploration projects in Esmeralda County, the Company owns Nevada Water Right Permit 86863, also located in the Lida Valley basin, near Lida, NV.

For Further Information Contact:

Warren Stanyer, President and Chief Executive Officer
email: warrenstanyer@nevadasunrise.ca
Telephone: (604) 428-8028
Website: www.nevadasunrise.ca

FORWARD LOOKING STATEMENTS

This release may contain forward‐looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward‐looking statements whether as a result of new information, future events or otherwise.

Such factors include, among others, risks related to future plans for the Company’s Nevada mineral properties; reliance on technical information provided by third parties on any of our exploration properties; changes in mineral project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to weather; delays in obtaining governmental approvals, financing or in the completion of exploration, as well as those factors discussed in the section entitled ‘Risk Factors’ in the Company’s Management Discussion and Analysis for the Nine Months ending June 30, 2025, which is available under Company’s SEDAR profile at www.sedarplus.com.

Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273569

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (November 5) 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$103,902, a 3.3 percent increase in 24 hours and its highest valuation of the day. Bitcoin’s lowest valuation on Wednesday was US$102,377.

Bitcoin price performance, November 5, 2025.

Chart via TradingView.

Both Bitcoin and Ether (ETH) are showing signs of recovery after a volatile start to the week. Current price action is driven by derivatives liquidations, options settlement dynamics and sustained retail and institutional fear.

Ether ended the trading day at US$3,448.04, an increase of 7.5 percent over the last 24 hours. Its lowest valuation of the day was US$3,326.02. Like Bitcoin, Ether is attempting a rebound near a significant technical and psychological level, but uncertainty remains elevated. The Fear and Greed Index remains in “extreme fear” at 20, reflecting persistent nervousness after long-term holders and whales triggered mass liquidations.

“Market data and technical signals suggest Bitcoin may trade within a US$94,000–US$118,000 range in the near term. The lower bound represents a healthy retracement zone consistent with subdued ETF inflows, while the upper range reflects a measured recovery below the October high near US$125K. Ethereum is likely to move between US$3,000 and US$4,400, supported by Layer-2 expansion and renewed DeFi participation,’ she said via email.

“Overall, the market appears to be stabilizing in a more disciplined, data-driven manner, signaling that confidence is returning through structural resilience and steady capital reallocation.”

Meanwhile, Galaxy’s head of research, Alex Thorn, said that the investment company has lowered its 2025 Bitcoin price forecast from US$185,000 to US$120,000.

Altcoin price update

  • Solana (SOL) was priced at US$162.69, up by 6.6 percent over the last 24 hours and at its highest valuation of the day. Its lowest was US$157.65.
  • XRP was trading for US$2.37, up by 9.7 percent over the last 24 hours to its highest valuation of the day. Its lowest was US$2.25.

Crypto derivatives and market indicators

Over the past four hours, Bitcoin has seen liquidations totaling US$16.11 million, mostly in short positions, suggesting a short-covering rally and improving near-term sentiment. Futures open interest is fractionally down 0.15 percent to US$70.17 billion, indicating a minor position reduction after aggressive selling earlier in the week.

The funding rate is neutral at 0.001, signaling balanced sentiment between longs and shorts, while implied volatility remains elevated at 45.9 percent, pointing to continued market uncertainty.

Max pain for options expiry sits at US$104,000, a level that the Bitcoin price is approaching.

Meanwhile, US$27.84 million in Ether options positions, also primarily shorts, have been liquidated in the past four hours, contributing to the uptrend as risk reversals shift. Ether has seen a 1.51 percent increase in open interest to US$40.3 billion, and its funding rate is slightly negative at -0.001, strengthening the bullish undertone.

Bitcoin dominance stands at 57.21 percent.

Today’s crypto news to know

Ripple secures US$500 million boost at US$40 billion valuation

Ripple has raised US$500 million in a new funding round led by Fortress Investment Group and Citadel Securities, valuing the company at US$40 billion. The investment follows Ripple’s US$1 billion tender offer earlier this year at the same valuation, marking a continuation of investor confidence in the firm’s long-term outlook.

Ripple said the funds will strengthen its partnerships with financial institutions and expand its services across custody, stablecoin issuance and crypto treasury management. The company’s RLUSD stablecoin has gained traction for corporate payments amid clearer US regulations under the GENIUS Act. The funding also positions Ripple to deepen its role in global payments as more firms integrate stablecoins into settlement networks.

Canada announces plans to introduce stablecoin legislation

The Canadian government announced as part of its 2025 budget that it plans to introduce legislation regulating fiat-backed stablecoins. The legislation aims to provide a secure, stable framework encouraging the development of Canadian-dollar pegged stablecoins, modernizing payment systems and fostering digital innovation.

The new rules will require stablecoin issuers to maintain sufficient asset reserves to back their digital currencies, safeguard consumer interests and comply with national security standards to protect personal data.

The Bank of Canada will receive C$10 million over two years starting in the 2026 to 2027 period to oversee the new framework, with ongoing costs expected to be covered by stablecoin issuers.

Northern Data exits Bitcoin mining in US$200 million AI transition

Northern Data Group, Europe’s largest Bitcoin-mining company, is divesting its mining arm, Peak Mining, in a deal worth up to US$200 million as it pivots entirely toward artificial intelligence (AI) infrastructure. The transaction includes US$50 million in upfront cash and up to US$150 million in performance-based payments tied to future profits.

The move follows the Bitcoin halving this past April, which cut mining revenues in half and accelerated the firm’s strategic shift. The company plans to repurpose its mining facilities in Texas for high-performance AI workloads, which can yield up to 10 times more revenue per megawatt than Bitcoin mining.

The company already owns over 220,000 GPUs through prior acquisitions.

Balancer protocol suffers major exploit

The Balancer DeFi protocol suffered a major exploit on Tuesday (November 3), losing about US$128 million in assets from its V2 Composable Stable Pools due to a precision rounding error and access control flaws in its smart contracts.

According to a report released after the attack, the infiltrator manipulated swap calculations and batch swaps to drain liquidity across multiple blockchains, including Ether, Polygon, Arbitrum and others.

Balancer promptly paused affected pools, confirmed no impact on V3 or other versions, and is collaborating with forensic and security experts to trace and recover funds. So far, US$19.3 million worth of StakeWise osETH has been recovered. Balancer has offered a white hat bounty for full asset return within 48 hours and continues investigating.

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

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

This post appeared first on investingnews.com

Fertilizer prices remained elevated in Q3 compared to both the first half of the year and the end of 2024.

Potash prices surged at the start of the year as the Trump administration threatened tariffs on Canada, the top supplier to US farmers. During the third quarter, prices were 20 percent higher than at the end of last year.

Meanwhile, phosphate prices continued to climb through Q3 on the back of supply shortages, spurred by export restrictions from top producer China. Prices were further influenced by US tariffs.

What happened to phosphate and potash prices in Q3?

According to data from the World Bank, the average quarterly phosphate price rose to US$770.60 per metric ton (MT), up from US$673.20 in Q2, and significantly higher than the annual average of US$563.70 in 2024.

On a monthly basis, phosphate climbed to US$736 in July, then climbed to a three year high of US$795.10 in August. Since then, the price has fallen to US$780.63 in September and US$754 in October.

The quarterly average for potash fell slightly in Q3 to US$352.20 per MT, down from US$359.20 the previous quarter, but remained higher than US$283.90 in the last quarter of 2024.

On a monthly basis, potash prices eased to US$362.50 in July, and continued to fall to US$356.50 in August. They sank further to US$352.50 in September and US$352 in October.

What factors impacted phosphate in Q3?

Phosphate prices have been primarily influenced over the last several years by export restrictions from China, which have declined to 6.6 million MT in 2024 from 9 million MT in 2021. The restrictions were put in place to protect the domestic supply, and while the hope was that they would eventually ease, that hasn’t happened.

“As expected, their exports started to arrive in July to September; however, the government had a self-imposed October 15 cutoff date for export submission. That date came and went without an extension, so now the belief is their flows will slow to a crawl very soon,” he said. The situation may face additional headwinds, as China has imposed more restrictions on key battery technologies and precursors for phosphate-based batteries. These restrictions will add to demand for ex-China supply as the agricultural sector competes with battery makers for a limited supply of phosphate.

Demand for phosphate is also high, particularly from India, which has been working to increase its stockpiles since the end of 2024, when they reached a low of 1.1 million MT. However, stockpiles had more than doubled to 2.4 million MT at the start of October, with imports climbing to 4 million MT during the April to September period.

Much of the demand has been covered by supply from Saudi Arabia and Morocco, which signed several offtake agreements with Indian importers in July. “They were a major driver of higher prices for much of 2025 as they played catch up on stockpiles, and have finally reached a comfortable number of tons, which has allowed them to slow their desperate pace. The slower demand pace has allowed the market time to breathe/correct lower,” Linville said.

For US-based farmers, supply isn’t the only issue.

On August 7, a host of new tariffs as high as 25 percent were applied to phosphate imports, including from Saudi Arabia, which accounted for 54.7 percent of imports during the first five months of the year. Although there were some concerns that higher prices could prompt farmers to rethink their strategy, Linville hasn’t seen that materialize either.

With reports that farm yields this year have been higher, it may prompt farmers who have been on the fence about a fall application of phosphate to reconsider, as a significant yield would indicate some phosphate soil depletion.

“While still spoty, we are continuing to hear reports that phosphate demand is better than expected,” he said.

However, Linville noted that a surge in last-minute demand it could make supplies tighter and limit the ability for phosphate to make it onto the fields.

What factors impacted potash in Q3?

Linville said potash news was quiet during the quarter, pointing to stable prices and a well-supplied market.

In July, BHP (ASX:BHP,NYSE:BHP,LSE:BHP) announced it was delaying the opening of its Jansen mine in Saskatchewan. It was initially slated to start production in 2026, but has instead moved its timeline back to 2027 and is also considering pushing the second phase to 2031, citing cost overruns that have ballooned to US$7 billion.

Although potash has so far escaped US tariffs, Linville noted some concern following Ontario’s anti-tariff ad, which ran in the US during the World Series. “We continue to hope/believe that potash will be left alone as part of the North America Trade agreement. Assuming potash is left alone, markets should continue as normal; however, if we start seeing barriers to entry, US farmers will likely bear the brunt of most/all of those tariffs,” he said

Potash and phosphate price forecast for 2025

While potash markets remain stable, phosphate markets are much more dynamic.

Unless there is a significant shift in China’s exports, supply should remain tight. In his most recent weekly update on November 5, Linville noted that the situation could become dire for US consumers before the end of the year.

“We continue to advise our people that if they decide they need phosphate after all, do not wait to lock it up. Days very well may matter. Heck, hours might matter. Supplies are tight and can ill-afford a sudden demand jump,” he wrote.

Additionally, markets are likely to become further strained in the years to come as limited supply meets increased demand from outside the agricultural sector.

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

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House Speaker Mike Johnson on Thursday sharply diverged from the direction that Senate negotiations were headed in to end the government shutdown.

Johnson told reporters Thursday that he would not commit to holding a vote on extending COVID-19 pandemic-era enhanced Obamacare subsidies, which are set to expire at the end of this year without congressional action.

Senate Majority Leader John Thune, R-S.D., had been floating a vote on such an extension in exchange for Democrats voting to end the shutdown — which is now in its 37th day. He has said he could not guarantee an outcome on the vote or that the House would take it up, however.

‘Leader Thune has bent over backwards. He’s offered them a vote. You know what they told him in response? ‘No, we need you to guarantee the outcome of that vote.’ Well, that’s ridiculous,’ Johnson said when asked about holding such a vote by a guaranteed date in the House if the deal succeeds in breaking the logjam.

When pressed again on a vote, he said, ‘No, because we did our job, and I’m not part of the negotiation.’

‘The House did its job on Sept. 19. I’m not promising anybody anything. I’m going to let this process play out,’ Johnson said.

His comments appeared to anger Senate Democrats who were negotiating an off-ramp to the shutdown.

‘Mike Johnson is only going to do what one person tells him, and that one person is Donald Trump, who has declared himself basically the speaker of the House,’ Sen. Jacky Rosen, D-Nev., told reporters in response. ‘So we need to be the adults in the room.’

The issue of enhanced Obamacare subsidies has been a matter of debate within the GOP, with some Republicans in more moderate districts calling for at least a year-long extension to give lawmakers time to create a new healthcare deal in its place.

But House conservatives are rejecting any such extension out of hand. Fox News Digital first reported that leaders of the 189-member Republican Study Committee issued an official position earlier Thursday demanding the credits not be extended.

It’s been a key ask for Democrats, however, that such an extension be paired with any federal funding bill before they agree to help end the shutdown.

Senate Democrats are huddling on Thursday afternoon to discuss what they could and could not accept out of a deal to end the government shutdown.

There are a dozen in the caucus who have been meeting to find a way out of the shutdown, but following Democrats’ Tuesday night election sweep, many in their caucus feel emboldened that their shutdown strategy is working and don’t want to let up yet.

Sen. Chris Murphy, D-Conn., said he believed Tuesday’s election was ‘having an impact’ on the caucus.

‘It would be very strange for the American people to weigh in, in support of Democrats, standing up and fighting for them, and then within days, for us to surrender without having achieved any of the things that we’ve been fighting for,’ Sen. Chris Murphy said.

The majority of the caucus demands a guarantee on a deal rather than the promise of a process, given that a proposal to extend the expiring subsidies from Democrats without major reforms to the program would likely fail in the Republican-controlled chamber.

But Thune has remained adamant that he can’t promise anything more than a vote and can’t predict an outcome.

‘I made this very clear to them, I can’t guarantee them an outcome,’ Thune said. ‘I can guarantee them a process, and they can litigate the issue, get the vote on the floor, and presumably they have some way of getting a vote in the House at some point, but I can’t speak for the House.’

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Top Democrats emerged from a classified Capitol Hill briefing Wednesday expressing confidence in the intelligence behind recent U.S. strikes on suspected narco-trafficking vessels near Venezuela. But they also faulted the Biden administration for what they called a failure to confront Nicolás Maduro after Venezuela’s disputed 2024 election.

The Office of Legal Counsel presented lawmakers with its written justification for a series of missile strikes in the Caribbean and eastern Pacific that U.S. officials say have killed 63 suspected traffickers. Lawmakers from both parties said the briefing reassured them the targets were legitimate, even as some voiced unease about the broader strategy.

‘The final comment I’ll make is just that nothing in the legal opinion even mentions Venezuela,’ said Sen. Mark Warner, D-Va., the top Democrat on the Senate Select Committee on Intelligence.

‘I think they do have visibility into drug trafficking,’ Warner added, saying he trusted U.S. intelligence assessments but would prefer traffickers be ‘interdicted and taken to court rather than blown up.’

Secretary of State Marco Rubio, War Secretary Pete Hegseth and senior Pentagon lawyers led the closed-door briefing for congressional leaders and the chairs and ranking members of the Intelligence, Armed Services and Foreign Affairs committees.

Lawmakers have complained for days about being left in the dark as the Pentagon launched multiple maritime strikes without first consulting Congress. Officials declined to discuss the intended scope or duration of the campaign and provided few details about who was killed or what evidence tied the targets to narcotics trafficking.

‘Lots of mistakes could get made,’ said Rep. Jim Himes, D-Conn., the top Democrat on the House Permanent Select Committee on Intelligence. ‘But, again, they are applying the eyes and ears of our intelligence community to these boats. I don’t worry too much that there will be a strike on a fishing boat or a pleasure boat, but that’s always possible.’

Himes said the administration described ‘the process by which these boats are selected’ but did not share photographs or the identities of those killed.

House Speaker Mike Johnson also backed the intelligence underpinning the operation.

‘We have exquisite intelligence about these strikes on these vessels,’ Johnson said. ‘We know the contents of the boats. We know the personnel almost to a person.’

Officials told lawmakers there were no plans to expand the maritime campaign to land operations or to target Maduro directly.

‘There are no apparent plans to expand this beyond what they say they are doing,’ Himes said.

Reports that the administration was considering potential strikes on Mexico did not appear to come up in the briefing, which lawmakers said focused almost exclusively on cocaine — some of which is trafficked through Venezuela — rather than fentanyl, Mexico’s top export.

‘It’s as described — to stop the flow of drugs, and, to be clear, to stop the flow of cocaine,’ said Himes.

Still, several Democrats said the Biden administration missed a critical moment last year to rally Latin American allies after Venezuela’s contested election, when independent monitors and several Western governments recognized opposition candidate Edmundo González as the rightful winner.

‘I frankly think the Biden administration didn’t go far enough after the Venezuelan people voted overwhelmingly to get rid of Maduro,’ Warner said. ‘We missed a huge opportunity when Venezuelans — in numbers probably in the mid-sixties percent — came out against Maduro, even under threat of violence. The fact that we didn’t rally the region at that point was, in retrospect, a huge mistake.’

After the July 2024 vote, the Biden administration imposed sanctions on high-level Maduro officials but stopped short of reimposing broad restrictions on Venezuela’s oil sector, a move officials said could have driven up global fuel prices and worsened migration pressures.

By contrast, the Trump administration has taken a harder line. It reimposed sweeping sanctions on Maduro during Trump’s first term and has since increased pressure on the South American strongman in his second. The Justice Department has offered a $50 million bounty for information leading to Maduro’s arrest, and officials have not ruled out whether the current strikes could be intended to pressure him to step aside.

Asked in a CBS interview over the weekend whether Maduro’s days were numbered, Trump said, ‘I would say yeah. I think so.’

Pressed on whether the U.S. would go to war with Venezuela, he added, ‘I doubt it. I don’t think so.’

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