Author

admin

Browsing

Lawmakers are divided on whether to tone down heated rhetoric after conservative activist Charlie Kirk was shot and killed at Utah Valley University on Wednesday, reigniting debate over the role fiery language plays in America’s surge of political violence.

Political violence has been a steady constant in recent years, including a pair of assassination attempts against President Donald Trump in 2024 and the slaying of a Democratic state lawmaker in Minnesota earlier this year.

Kirk’s death has again reignited the discussion on what role political rhetoric, be it inside the walls of Congress or around the country, has to play in political violence in the U.S.

‘This is on all of us, right?’ Rep. Jared Moskowitz, D-Fla., told Fox News Digital. ‘I mean, you know, everyone’s been ramping up the rhetoric, right?

‘If the left is going to blame the right, and the right is going to blame the left, and we’re going to continue to say ‘It’s your fault,’ and we’re not collectively going to try to bring it down together, then this cycle is just going to continue to go on.’

And Republican leaders are hoping to turn the temperature down in Congress in the wake of Kirk’s death.

‘I’m trying to turn the temperature down around here,’ House Speaker Mike Johnson, R-La., said. ‘I always do that. I’ve been very consistent.’

Senate Majority Whip John Barrasso, R-Wyo., told Fox News Digital he believed reining in hostile or divisive rhetoric is ‘always a conversation with people in leadership.’

‘And it should be in both parties to make sure that you don’t incite this kind of an activity,’ he said.  ‘And you just don’t know somebody, and based on their mental health, what kind of activity they may — what role that may play in this. We still don’t know what’s happened here.’

Some lawmakers fear that the escalation in political violence has America returning to the violent and chaotic time of the 1960s, which saw the assassinations of civil rights leaders Dr. Martin Luther King Jr., Medgar Evers, John F. Kennedy and his brother and presidential hopeful Robert F. Kennedy, among others.

‘The message was love and not violence,’ Rep. Glenn Ivey, D-Md., said of the turmoil in the 1960s. ‘So, you know, returning to a message like that could be good, but it didn’t change the outcome of the assassinations during that era. So, I don’t know that there’s an easy answer.’

Still, emotions were running high on the Hill in the days following the shooting at Utah Valley University, which resulted in a two-day manhunt and the eventual arrest of 22-year-old Tyler Robinson.

When asked how much of a role rhetoric had to play in Kirk’s slaying, Rep. Ralph Norman, R-S.C., said, ‘A lot.’

‘You say you’re a Nazi and a fascist and a threat to democracy, how does that help? If you disagree on issues, that’s one thing, but [you’re] not saying that,’ Norman said. ‘The left is a poster child.’

Sen. Bernie Moreno, R-Ohio, told Fox News Digital he had known Kirk for a decade and noted that the late founder of Turning Point USA ‘stood for the open exchange of ideas.’

‘I think what we have to learn from that is that we need to go back to the principles that built this country, which is that it is actually a positive and healthy thing to debate ideas,’ Moreno said. ‘We don’t have to be mad at each other because we have a different point of view, let alone escalate the violence.’

But Moreno noted that for the last decade, Trump and Republicans like himself have been compared to Adolf Hitler, Nazi sympathizers and fascists, ‘which the Democrats do every single day.’

‘What’s the problem?’ Moreno said. ‘Like, you signed up for politics, you got to be able to have a thick skin. It’s not about that. It’s about that you send a message to crazy people, that says, ‘You’re actually doing a good deed if you kill somebody who would otherwise be a Nazi and a fascist who will end our democracy.”

Trump put the blame, in part, on Democrats in an address to the nation on Wednesday night, where he charged that ‘those on the radical left have compared wonderful Americans like Charlie to Nazis and the world’s worst mass murderers and criminals.’

He repeated that sentiment during an appearance on ‘Fox & Friends’ Friday morning when he was asked about radical elements on the conservative side of the aisle.

‘I’ll tell you something that’s gonna get me in trouble, but I couldn’t care less,’ Trump said. ‘The radicals on the right oftentimes are radical because they don’t want to see crime. The radicals on the left are the problem.’

When asked for his response to Trump’s address, Senate Minority Leader Chuck Schumer, D-N.Y., said, ‘This is a time that all Americans should come together and feel and mourn what happened.

‘Violence affects so many different people, so many different political persuasions,’ he said. ‘It is an infliction on America, and coming together is what we ought to be doing, not pointing fingers to blame.’

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Friday (September 12) as of 9:00 a.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$114,941, a 1 percent increase in 24 hours. Its highest valuation of the day was US$116,309, and its lowest was US$113,802.

Bitcoin price performance, September 12, 2025.

Bitcoin price performance, September 12, 2025.

Chart via TradingView.

Ether (ETH) was priced at US$4,521.17, an increase of 2.5 percent over the past 24 hours. Its highest valuation on Friday was US$4,558.54, and its lowest was US$4,400.20.

Altcoin price update

  • Solana (SOL) was priced at US$239.78, an increase of 5.3 percent over the last 24 hours. Its highest valuation on Friday was US$239.83, and its lowest level was US$225.74.
  • XRP was trading for US$3.04, up by 1.2 percent in the past 24 hours. Its highest valuation of the day was US$3.07, and its lowest valuation was US$2.99.
  • SUI (Sui) was valued at US$3.63, up by 0.4 percent in the past 24 hours. Its highest price on Friday was US$3.69 and its lowest was US$.358.
  • Cardano (ADA) was priced at US$0.8895, up by 1.1 percent over 24 hours. Its highest valuation on Friday was US$0.9064, and its lowest was US$0.8743.

Today’s crypto news to know

US Bitcoin ETFs extend inflow streak, adding US$553 million

Spot Bitcoin exchange-traded funds (ETFs) in the US attracted US$552.78 million in net inflows on Thursday (September 11), their fourth consecutive day of investor demand.

According to data from SoSoValue, this is the longest run spot Bitcoin ETFs have been on since late August, when inflows coincided with the cryptocurrency’s climb to a record high above US$123,000.

Wednesday’s (September 10) US$757.14 million intake was the biggest single-day gain since July.

In addition to the upsurge for spot Bitcoin ETFs, Ether ETFs have also returned to positive territory after a six day losing streak drained more than US$1 billion. Analysts have tied the flows to expectations of a US Federal Reserve rate cut on September 17, which could boost risk assets across the board.

Dormant Bitcoin whale resurfaces after 13 years

A long-silent Bitcoin wallet holding 444.81 BTC, currently worth over US$50 million, has suddenly sprung to life after 13 years of inactivity. On Wednesday, blockchain monitors flagged transfers of 132.03 BTC to a new address and 5 BTC to Kraken, sparking speculation about the motives behind the move.

The wallet had been inactive for 13 years, raising questions among investors about whether the original owner has regained access, or if coins have changed hands. Historically, dormant wallets often capture market attention as their moves can precede larger sales or signal shifting long-term sentiment.

The timing also comes amid Bitcoin’s latest rally above US$115,000.

Gemini prices IPO at US$28, set to trade on Nasdaq

Gemini Trust Company, the exchange founded by Tyler and Cameron Winklevoss, has priced its initial public offering (IPO) at US$28 per share, above earlier expectations.

The stock will begin trading on the Nasdaq Global Select Market under the ticker “GEMI,” marking one of the year’s most closely watched crypto debuts. Strong investor demand pushed the price well past the originally targeted US$17 to US$19 range, with underwriters holding an option to buy extra shares.

The company won’t directly benefit from secondary sales, though the deal signals strong interest in public crypto firms.

Gemini reported US$142.2 million in revenue last year, with nearly 70 percent coming from trading fees, but also posted widening losses that hit US$282.5 million in the first half of 2025.

Despite its expected IPO success, the company faces lingering scrutiny, having settled a US$5 million Commodity Futures Trading Commission case in January over alleged misstatements tied to Bitcoin futures.

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

This post appeared first on investingnews.com

Platinum is heading for a third consecutive annual deficit in 2025, with the World Platinum Investment Council (WPIC) projecting an 850,000 ounce shortfall as demand continues to outpace weak mine supply.

In its latest Platinum Quarterly, the WPIC states that despite a 22 percent year-on-year decline in demand, a lack of metal is expected to create a supply deficit that’s only 13 percent lower than 2024’s 968,000 ounce shortfall.

Its call comes amid a price breakout for platinum, which pushed past US$1,450 per ounce in July.

Why is the platinum market in deficit?

The biggest challenge for platinum has been weak refined production, which slipped to 1.45 million ounces during the quarter from 1.54 million ounces produced during the same time last year.

The WPIC is predicting that mine supply will fall 6 percent in 2025, coming in at 5.43 million ounces, down from 5.76 million ounces produced in 2024. Output declines in top producer South Africa have had outsized effects on supply; Q1 output came in at just 713,000 ounces as heavy rainfalls negatively impacted production. Although the country’s production grew to 1.05 million ounces in Q2, it was still 8 percent lower than in Q2 2024.

Annual decreases in output are also expected in Zimbabwe and North America, with the WPIC projecting slips of 4 percent and 26 percent, respectively. However, Russia is set to see a 1 percent rise in output.

“I don’t think we’re going to see any meaningful mine supply response at these levels. It’s also worth bearing in mind that these are, for the most part, deep-level underground mines. So even if we had another 50 percent increase in the basket price, you’re still not going to see a supply response over the near to medium term,” he said.

Watch Sterck discuss the platinum market.

“Recycling is definitely much more price elastic than mine supply over the near to medium term,” Sterck added.

Platinum recycling supply saw an increase to 423,000 ounces during Q2 from 379,000 ounces in Q2 2024. The WPIC is predicting a 6 percent annual increase to 1.6 million ounces from 1.52 million ounces last year.

The majority of this increase is coming from growth in automotive recycling, aided by higher platinum-group metals basket prices. However, the WPIC notes that recycling remains depressed compared to historic levels.

“Yes, we’ve seen quite a big increase in the platinum price year to date, but it’s not the main driver of the economics for those scrap aggregators and recyclers. It’s really more of a palladium story, even more so than rhodium. So you need a sustained increase in palladium prices to drive a meaningful change there,” Sterck said.

The WPIC is calling for an overall supply decrease of 3 percent in 2025 to 7.03 million ounces, down from 7.28 million ounces in 2024. With three years of deficits, the group is also expecting further drawdowns of aboveground stocks — they are set to fall 22 percent to 2.98 million ounces, representing four and a half months of demand coverage.

Stockpiles have fallen from 5.51 million ounces in 2022 to 4.8 million ounces in 2023 and 3.83 million ounces in 2024.

Platinum demand to weaken in 2025, jewelry a bright spot

Despite the expected deficit, the WPIC expects demand to weaken this year.

Q2 saw automotive demand fall to 769,000 ounces, down from 788,000 ounces in the year-ago period.

The WPIC’s expectation is that the auto sector will require 3.03 million ounces of platinum in 2025, a 3 percent decrease from the 3.11 million ounces needed in 2024. Likewise, the council is expecting a decrease in industrial demand for the metal as consumption drops off by 22 percent to 1.9 million ounces, down from 2.42 million ounces last year.

Jewelry demand, however, has been on the rise, with the expectation that it will increase by 11 percent to 2.23 million ounces in 2025. The WPIC suggests the higher growth is owed to its discount relative to gold, and notes that it is seeing the most substantial increase in China — fabrication is seen growing 42 percent in 2025 to 585,000 ounces.

“What’s driving that increase has been fabrication funded by wholesalers, and they’re promoting platinum because they’ve seen a huge drop in their gold jewelry sales,” Sterck explained.

Despite an increase in holdings of bars, coins and exchange-traded funds, overall investment demand was dragged down in Q2 by a 317,000 ounce decrease in stocks held in exchanges due to tariff-related concerns.

Sterck said ongoing uncertainty in the platinum market earlier this year caused physical metal to shift from overseas markets into the US as traders began to worry about tariffs being applied.

Although movement reversed as traders were told tariffs wouldn’t be applied, fears were later stoked when copper tariffs were announced, and an “ideological disconnect” between the White House and South Africa emerged.

“Given that the current US administration has shown that it is willing to use tariffs as a kind of stick, if you like, for enacting foreign policy, you kind of come back to this sort of whole situation where there’s a non-zero chance of platinum being subject to tariffs in the US,” Sterck commented during the conversation.

Overall, the WPIC expects total platinum demand to drop by 4 percent year-on-year in 2025 to 7.88 million ounces.

Will the platinum price rise further in 2025?

Fundamentals should remain the primary driver for platinum. Despite weakening demand through the first half of 2025, a structural deficit in the market still exists due to a lack of supply to close the gap.

However, Sterck suggested mine supply is likely to increase before the end of the year.

“This year was particularly accentuated by flooding in South Africa during the first quarter of the year, so we do expect a bit of an increase in mining supply,” he said. However, he also noted that until there are more significant changes to the amount of supply, the price conditions aren’t likely to change much.

“Fundamentally, at the moment, it just appears that the platinum price at current levels isn’t sufficient to attract enough metal into the market to really ease those market conditions,” Sterck noted.

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

This post appeared first on investingnews.com

Hamak Gold Limited (LSE: HAMA / OTCQB: HASTF), a company combining traditional gold exploration in West Africa with a Digital Asset Treasury Management strategy, is pleased to announce that the Company’s shares have been admitted to trading on the OTC Venture Market (‘OTCQB’) in the United States, under the symbol ‘HASTF’. No new Ordinary Shares have been issued by the Company for this parallel trading of its shares.

The purpose of the listing of shares on the OTCQB is to broaden the Company’s exposure to the North American investor markets and to increase trading liquidity in a drive to deliver shareholder value.

The OTCQB is a middle-tier market for entrepreneurial and development U.S. and International companies, and is recognised by the Securities and Exchange Commission (‘SEC’) as an established public market.

Nick Thurlow, Executive Chairman of Hamak Gold, commented:

‘We are pleased to announce approval from the Financial Industry Regulatory Authority for Hamak to list on the OTCQB market. This is an important first step in a larger U.S. strategy designed to widen the investor base for Hamak.’

For further information you are invited to view the Company’s website at www.hamakgold.com or please contact:

Hamak Gold Limited

Nick Thurlow

Karl Smithson

n.thurlow@hamakgold.com

k.smithson@hamakgold.com

Peterhouse Capital Limited (Corporate Broker)

Yellow Jersey PR

Annabelle Wills

+44 (0) 20 7469 0930

+44 (0) 20 3004 9512

About Hamak Gold Limited

Hamak Gold Limited (LSE: HAMA) is a UK listed company focussed on gold exploration in Africa and with a strategy of pursuing a BTC/ crypto treasury management policy. Through its LSE main board listing investors underweight crypto can get professional exposure to this asset class.

Important Notice

The Company maintains some of its treasury reserves and surplus cash in Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated by The Financial Conduct Authority (FCA) and Bitcoin investments are generally not subject to regulaton by the FCA or otherwise in the United Kingdom. Neither the Company nor investors in the Company’s shares are protected by the UK’s Financial Ombudsman Service or the Financial Services Compensation Scheme.

However the FCA considers Bitcoin investments to be high-risk. The value of Bitcoin can go up as well as down, leading to fluctuations in the value of the Company’s Bitcoin holdings, and the Company may not be able to realise its Bitcoin holdings for the same amount it paid to acquire them, or even for the value the Company currently attributes to its Bitcoin positions.

The Company’s Board of Directors have identified the following risks in relation to the holding of Bitcoin, which are not exhaustive:

  • The value of Bitcoin can be highly volatile, with its value falling as quickly as it rises. Investors in Bitcoin must be prepared to lose all money invested.
  • The Bitcoin market is largely unregulated. There is a risk of losing money due to factors such as cyber-attacks, financial crime, and counterparty failure.
  • The Company may not be able to sell its Bitcoin at will. The ability to sell Bitcoin depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks, and comingling of funds could cause unwanted delays.
  • Cryptoassets carry a perception of fraud, money laundering, and financial crime.

An investment in the Company is not an investment in Bitcoin itself, but prospective investors in the Company are encouraged to conduct their own research before investing and should be aware that they will have indirect exposure to the high-risk nature of cryptoassets, including their volatility, and could therefore sustain large or total losses of their investment.

Source

This post appeared first on investingnews.com

Decentralized finance (DeFi) is a revolutionary shift in the financial landscape, offering a blockchain-based system that facilitates transactions without relying on traditional intermediaries like banks or brokerages.

While the DeFi sector experienced a challenging period through 2022 and early 2023, the latter half of 2023 saw a significant resurgence. This growth was largely fueled by the anticipation and eventual approval of spot crypto exchange-traded funds (ETFs) in the US, signaling a pivotal moment for digital assets.

These moves were a major step toward blending digital assets with traditional financial products, a transition that has been further driven by the increasing maturation and institutionalization of the crypto ecosystem.

This is evident in the development of other products and services, such as:

  • Tokenization
  • Liquid staking
  • Derivatives and futures

DeFi has now moved beyond retail users, integrating further with traditional finance as institutions begin to incorporate DeFi protocols into their operations. The DeFi world moves at an exceptionally fast pace, with new technologies and platforms constantly emerging, making it a complex and confusing space for investors to navigate.

This guide explains how these key technologies and others are shaping the evolving DeFi landscape.

What are decentralized exchanges?

Decentralized exchanges, known as DEXs, facilitate the direct trading of cryptocurrencies between users through smart contracts, eliminating the need for a central authority.

These platforms allow users to maintain control of their assets throughout the trading process. A few popular DEXs include Uniswap, PancakeSwap and dYdX.

What is DeFi asset management?

DeFi asset management services aim to make investing simpler and more accessible.

They often use automated strategies to maximize yield without the need for constant monitoring. Some examples include Galaxy Asset Management and Maple Finance.

These systems are non-custodial, meaning users don’t have to give up their private keys or transfer their funds. An example is Yearn Finance, which automates yield-farming strategies to optimize returns.

What are yield farming and staking?

Yield farming allows users to earn rewards by providing liquidity to a protocol. This is done by depositing cryptocurrencies into a liquidity pool; in return, the user receives a portion of the trading fees.

Staking involves locking up assets to help secure and run a blockchain in exchange for rewards.

Liquid staking is a newer technology where users stake their crypto, but receive a liquid staking token (LST) in return that can be used elsewhere in DeFi while their original assets are locked. Liquid Collective’s Liquid Staked SOL (LsSOL) on the Solana network is an example of this. Another is JitoSOL, an LST by Jito Network.

Asset manager VanEck has filed an S-1 registration with the SEC to launch an ETF tracking JitoSOL.

Alongside DeFi-native staking options, centralized exchanges like Kraken make staking easy for users who want a simple, custodial experience, and they increasingly offer access to LSTs and expanded staking products.

How do DeFi lending and borrowing protocols work?

Lending and borrowing platforms enable users to lend their crypto assets and earn interest, or borrow assets by providing collateral. Unlike traditional loans, DeFi lending protocols often require borrowers to over-collateralize their loans. Interest rates are typically set by the supply and demand on the platform through an algorithm.

Examples of lending platforms include Aave, Compound and MakerDAO.

Aave is available on multiple blockchains, including Ethereum, Avalanche and Aptos, making it one of the most accessible and innovative lending protocols in DeFi today.

What is DeFi infrastructure?

The DeFi space includes firms that provide the foundational technology and tools for building and using DeFi.

Circle, the issuer of the USDC stablecoin, is partnering with Fireblocks to launch a new blockchain called Arc, which is tailored for businesses and optimized for stablecoins. Meanwhile, Coinbase Global (NASDAQ:COIN), a major crypto exchange, has launched a new app called Base, which combines a crypto wallet, trading, payments and social media. Coinbase also plans to launch nano perpetual futures for SOL and XRP in the US.

To boost its stablecoin payment services, Ripple plans to acquire a stablecoin payments platform called Rail.

What are stablecoins?

Stablecoins are cryptocurrencies designed to minimize price volatility by pegging their value to a stable asset, like the US dollar. There are different types of stablecoins, including:

  • Fiat-collateralized stablecoins, which are backed by reserves held in traditional currencies.
  • Crypto-collateralized stablecoins, which are backed by other cryptocurrencies.
  • Algorithmic stablecoins, which use algorithms to maintain their peg without direct collateral.

Examples include Tether (USDT), Circle Internet Group’s (NYSE:CRCL) USD Coin (USDC) and Dai (DAI). Coinbase, Kraken and Gemini are well-known platforms for trading stablecoins and other cryptocurrencies.

Additionally, MetaMask, a self-custodial crypto wallet, is set to launch its own stablecoin, MetaMask USD (mUSD), which will be issued by Bridge and powered by M0 liquidity.

What is tokenization?

DeFi platforms translate real-world assets, such as real estate or stocks, into digital tokens on a blockchain. This makes these assets accessible on-chain, effectively bridging traditional finance and DeFi.

There are several companies and platforms at the forefront of this trend.

JPMorgan Chase (NYSE:JPM) has a tokenized debt platform, Kinexys, that allows clients to trade and settle tokenized debt instruments, a service that State Street has also joined.

Additionally, Backed Finance recently partnered with Kraken to expand its xStocks product, which tokenizes stocks, to the Tron blockchain. Meanwhile, S&P Dow Jones Indices is reportedly in talks to license and list tokenized versions of its benchmarks with exchanges, custodians and DeFi protocols.

Ethereum and Solana have a major role in the tokenization movement too.

Ethereum is favored by institutions for its smart contracts. DBS Group Holdings (SGX:D05), a major financial institution, recently announced plans to launch tokenized structured notes on the Ethereum blockchain, while eToro Group (NASDAQ:ETOR) has plans to launch tokenized versions of US-listed stocks on the same network.

For its part, Solana was recently selected by Galaxy Digital (NASDAQ:GLXY) and Superstate for the launch of GLXY, a tokenized public share.

What are blockchain oracles?

These services connect smart contracts to real-world data, enabling them to execute based on off-chain information. Chainlink is one prominent blockchain oracle. Recently, it partnered with Intercontinental Exchange to bring foreign exchange and precious metals data on-chain. Chainlink also has its own on-chain treasury vehicle, Chainlink Reserve, which can support staking rewards and development funding.

What are perpetual futures?

Perpetual futures, known as perps, are derivatives contracts that allow traders to speculate on the price of an asset without an expiration date. They are a high-risk financial instrument that uses leverage to amplify gains or losses.

Coinbase has a derivatives arm, Coinbase Financial Markets, that launched US perps on July 21, 2025. On September 22, Coinbase Derivatives will expand its product suite with the launch of equity index futures.

Coinbase acquired Deribit, the largest platform for trading Bitcoin options and the world’s leading crypto options exchange by volume and open interest, in a US$2.9 billion deal in May 2025.

Kraken also offers US-compliant perps.

Investor takeaway

As DeFi continues to mature and attract interest from traditional financial institutions, its integration with conventional finance is accelerating. With ongoing advancements, DeFi is set to redefine how financial transactions are conducted, making it a pivotal area to watch in the future of finance.

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

This post appeared first on investingnews.com

Barrick Mining (TSX:ABX,NYSE:B) has agreed to sell its Hemlo gold mine in Ontario for up to US$1.09 billion, transferring one of Canada’s most storied gold operations to a new owner and marking Barrick’s shift away from non-core assets.

The Toronto-based company announced Thursday (September 11) that Carcetti Capital (TSXV:CART.H,LSE:ORUG), which will be renamed Hemlo Mining (HMC), will acquire the mine under terms that include US$875 million in cash, US$50 million in HMC shares, and as much as US$165 million in contingent payments tied to future gold prices and production.

Barrick president and chief executive Mark Bristow said that the sale is part of the company’s ongoing capital allocation approach, noting that proceeds will help bolster the company’s balance sheet and fund returns to shareholders.

“The sale of Hemlo at an attractive valuation marks the close of Barrick’s long and successful chapter at the mine and underscores our disciplined focus on building value through our Tier One gold and copper portfolio,” Bristow said.

Hemlo, located near Marathon, Ontario, has produced more than 25 million ounces of gold over three decades of continuous operation.

Once hailed as a cornerstone of Canadian gold production, the mine transitioned from open-pit to underground operations in 2020. Its future will now rest with HMC, a vehicle backed by a group of well-known industry investors and leaders.

The incoming HMC board will include Robert Quartermain, founder of Pretium Resources (TSX:PVG) and former CEO of SSR Mining Inc. (NASDAQ:SSRM,TSX:SSRM), who played a key role in the original discovery of Hemlo while at Teck Resources (TSX:TECK.B,NYSE:TECK,OTC:TCKRF).

The company will also be led by Jason Kosec, named incoming CEO, and supported by a consortium that includes Wheaton Precious Metals (TSX:WPM,NYSE:WPM) and Orion Mine Finance.

To finance the acquisition, HMC has secured a US$1 billion package comprised of US$400 million in gold streaming from Wheaton, US$415 million in equity, and US$200 million in debt. Wheaton will also take up to US$50 million of the equity raise.

“Hemlo offers a unique opportunity to add immediate, accretive gold ounces from a politically stable jurisdiction, backed by a long history of production and a capable operating team,” Wheaton CEO Randy Smallwood said in a company press release.

Under the streaming agreement, Wheaton will initially purchase 13.5 percent of Hemlo’s payable gold until 181,000 ounces are delivered, after which the rate will fall to 9 percent for another 157,330 ounces, and then to 6 percent for the remainder of the mine’s life.

Wheaton’s attributable production is expected to average around 20,000 ounces annually for the first decade and more than 17,000 ounces annually over the life of mine, which is forecast to extend for at least 14 years.

For Barrick, the sale continues a multi-year effort to trim smaller, less profitable operations in favor of large, long-life assets that meet its “Tier One” criteria.

Earlier this year, the company also divested its stakes in Donlin and Alturas, bringing expected gross proceeds from non-core asset sales in 2025 to more than US$2 billion.

While Barrick emphasized that Canada remains an important exploration jurisdiction, the Hemlo deal effectively ends its role as a mine operator in its home country.

Reports of a potential sale had circulated since mid-2024, spurring rumors that Barrick was in advanced talks with Discovery Silver (TSX:DSV,OTCQX:DSVSF) to divest Hemlo.

While those discussions did not result in a deal, Thursday’s announcement confirms the company’s intent to fully exit the Canadian mining landscape.

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 Friday (September 12) as of 9:00 a.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$114,941, a 1 percent increase in 24 hours. Its highest valuation of the day was US$116,309, and its lowest was US$113,802.

Bitcoin price performance, September 12, 2025.

Bitcoin price performance, September 12, 2025.

Chart via TradingView.

Ether (ETH) was priced at US$4,521.17, an increase of 2.5 percent over the past 24 hours. Its highest valuation on Friday was US$4,558.54, and its lowest was US$4,400.20.

Altcoin price update

  • Solana (SOL) was priced at US$239.78, an increase of 5.3 percent over the last 24 hours. Its highest valuation on Friday was US$239.83, and its lowest level was US$225.74.
  • XRP was trading for US$3.04, up by 1.2 percent in the past 24 hours. Its highest valuation of the day was US$3.07, and its lowest valuation was US$2.99.
  • SUI (Sui) was valued at US$3.63, up by 0.4 percent in the past 24 hours. Its highest price on Friday was US$3.69 and its lowest was US$.358.
  • Cardano (ADA) was priced at US$0.8895, up by 1.1 percent over 24 hours. Its highest valuation on Friday was US$0.9064, and its lowest was US$0.8743.

Today’s crypto news to know

US Bitcoin ETFs extend inflow streak, adding US$550 Million

Spot Bitcoin ETFs in the U.S. attracted US$552.78 million in net inflows on Thursday, their fourth consecutive day of investor demand.

According to data from SoSoValue, it is the longest run Bitcoin has been on since late August, when inflows coincided with bitcoin’s climb to a record high above US$123,000.

Wednesday’s (September 10) US$757.14 million intake was also the biggest single-day gain since July, heralding renewed appetite for crypto-backed products.

In addition to the upsurge, Ether ETFs have also returned to positive territory after a six-day losing streak drained more than US$1 billion.

Analysts tie the flows to expectations of a Federal Reserve rate cut on September 17, which could boost risk assets across the board. Bitcoin has gained 3.2 percent over three days to trade above US$115,000, while Ether is up about 5 percent at US$4,500.

Dormant Bitcoin whale resurfaces after 13 years

A long-silent bitcoin wallet holding 444.81 BTC, worth over US$50 million, has suddenly sprung to life after 13 years of inactivity.

On September 11, blockchain monitors flagged transfers of 132.03 BTC to a new address and 5 BTC to Kraken, sparking speculation about the motives behind the move.

The wallet had been inactive for 13 years, raising questions among investors about whether the original owner has regained access or if coins have changed hands.

Historically, dormant wallets often capture market attention as their moves can precede larger sales or signal shifting long-term sentiment.

The timing also comes amid Bitcoin’s latest rally above US$115,000, but so far, the whale’s remaining holdings remain untouched.

Gemini prices IPO at US$28, set to trade on Nasdaq

Gemini (NASDAQ:GEMI), the exchange founded by Tyler and Cameron Winklevoss, has priced its initial public offering at US$28 per share, above earlier expectations.

The stock will begin trading on the Nasdaq Global Select Market under the ticker “GEMI”, marking one of the year’s most closely watched crypto debuts. Strong investor demand pushed the price well past the originally targeted US$17 to US$19 range, with underwriters holding an option to buy extra shares.

The company won’t directly benefit from secondary sales, though the deal signals strong interest in public crypto firms.

Gemini reported US$142.2 million in revenue last year, with nearly 70 percent coming from trading fees, but also posted widening losses that hit US$282.5 million in the first half of 2025.

Despite its IPO success, the company faces lingering scrutiny, having settled a US$5 million CFTC case in January over alleged misstatements tied to Bitcoin futures.

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

This post appeared first on investingnews.com

After the assassination of conservative commentator Charlie Kirk sent shockwaves through the political landscape this week, Fox News Digital spoke to several high-profile conservative speakers about the future of the movement and the influence Kirk’s legacy and style will have on it. 

‘Conservatives will not be silenced,’ Heather Mac Donald, Thomas W. Smith Fellow at the Manhattan Institute and a contributing editor of City Journal, told Fox News Digital, adding that Kirk ‘would not have been silenced’ so conservatives should ’emulate his courage.’

Columnist and commentator Bethany Mandel told Fox News Digital that Kirk’s assassination was ‘absolutely an effort to try to silence conservatives’ and that ‘we have to resist the temptation to allow that.’

‘We need to keep speaking out and double down on not only Charlie’s message, but his methodology,’ Mandel said.

Kirk was assassinated on Wednesday while speaking to thousands of students at Utah Valley University when a gunman positioned on a nearby roof fired a single shot, striking Kirk in the neck.

Kirk was rushed to Timpanogos Regional Hospital, where he was pronounced dead, prompting an outpouring of support from conservatives across the globe, including President Trump who called the killing a ‘dark moment for America.’

On Friday, authorities announced that they had arrested a suspect, 22-year-old Utah resident Tyler Robinson.

‘Charlie Kirk was a good man,’ John Ashbrook, co-host of the conservative podcast Ruthless, told Fox News Digital. ‘And his legacy will endure because none of us will ever forget his leadership nor the voice he provided for millions of regular people across this country.’

Mac Donald told Fox News Digital that it is ‘hard to imagine’ Kirk was killed for ‘any other reason than that he was breaking the stranglehold of anti-Western ideology on college campuses and beyond.’

‘It was sadly fitting that he was killed at a college campus, and not even one known for its leftward leanings, since colleges are the seed bed of modern day speech suppression and the false equations that political contrarian speech = hate speech and that hate speech may be snuffed out—apparently by any means necessary,’ Mac Donald said. 

‘The killer apparently agreed with those would-be censorers.  The self-centeredness and historical and moral ignorance of coddled American students has bloomed into something more pernicious, as the beatification of Luigi Mangione already showed.’

Going forward, in terms of security at events for prominent conservative speakers, Mandel called on campuses and cities that ‘claim to care about the future of America and civil discourse’ to step up and ‘ensure adequate security.’

‘We should not have to pay tax in the form of security in order to safely share our political opinions,’ Mandel told Fox News Digital. 

Conservatives have rallied around Kirk’s style of speaking out publicly and exchanging ideas with those who disagree, including prominent influencer Ben Shapiro who wrote on X that ‘we will never stop debating and discussing.’

‘We will never stop standing up for what America is and what she should be,’ Shapiro said, adding that he intends to continue speaking at colleges across the country despite the inherent dangers. 

Mac Donald told Fox News Digital, ‘It is a cliché and self-serving to say: they fear us because we are winning, but presumably, there is less of a perceived need to efface someone who is losing a cause anyway. Kirk was feared because he was winning.’

This post appeared first on FOX NEWS

The rifle that federal investigators believe was used in the shooting that killed conservative activist Charlie Kirk contained ammunition inscribed with anti-fascist messaging, shedding light on the suspect’s motive.

Utah Gov. Spencer Cox confirmed the messaging at a news conference Friday, saying investigators discovered inscriptions on casings found with a bolt-action rifle near the Utah Valley University campus, where Kirk was killed during an event.

One used casing and three unused casings contained the writings, Cox said.

News of the ammunition inscriptions was first shared on social media Thursday morning in a preliminary bulletin attributed to the Bureau of Alcohol, Tobacco, Firearms and Explosives. 

According to the bulletin, circulated on X by political commentator Steven Crowder, federal officials recovered a .30-06 caliber Mauser rifle in the woods that contained ‘engravings,’ including messaging expressing anti-fascist ideology and other messages.

Fox News Digital confirmed the veracity of the ATF bulletin through talking to multiple sources, but the sources stressed on Thursday that the information was preliminary.

The information about the firearm surfaced nearly 24 hours after Kirk, 31, was shot and killed during a speaking engagement in Utah. Both his graphic death and the scant public information revealed in the early hours of the investigation into his killing left the nation reeling and revived heated debate about political violence in the U.S.

Law enforcement officials worked frantically in the aftermath of Kirk’s death to track down and arrest the gunman, who they announced Friday was Tyler Robinson, a 22-year-old Utah man.

Cox on Friday called the shooting a ‘political assassination.’

‘This is certainly about the tragic death, assassination, political assassination of Charlie Kirk, but it is also much bigger than an attack on an individual,’ Cox said. ‘It is an attack on all of us. It is an attack on the American experiment.’

FBI Director Kash Patel laid out the timeline of the investigation Friday, saying it took the FBI and Utah law enforcement 33 hours to make an arrest. Patel said authorities made ‘historic progress’ in such a short duration of time.

The FBI’s Salt Lake City Field Office released an image Thursday of a man they had said was a ‘person of interest’ in Kirk’s death and asked the public for help identifying him. The bureau also announced it was offering a $100,000 reward for information leading to his capture. Cox said a tip from a family friend of Robinson’s led to his arrest.

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Friday (September 12) as of 9:00 a.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$114,941, a 1 percent increase in 24 hours. Its highest valuation of the day was US$116,309, and its lowest was US$113,802.

Bitcoin price performance, September 12, 2025.

Bitcoin price performance, September 12, 2025.

Chart via TradingView

Ether (ETH) was priced at US$4,521.17, an increase of 2.5 percent over the past 24 hours. Its highest valuation on Friday was US$4,558.54, and its lowest was US$4,400.20.

Altcoin price update

  • Solana (SOL) was priced at US$239.78, an increase of 5.3 percent over the last 24 hours. Its highest valuation on Friday was US$239.83, and its lowest level was US$225.74.
  • XRP was trading for US$3.04, up by 1.2 percent in the past 24 hours. Its highest valuation of the day was US$3.07, and its lowest valuation was US$2.99.
  • SUI (Sui) was valued at US$3.63, up by 0.4 percent in the past 24 hours. Its highest price on Friday was US$3.69 and its lowest was US$.358.
  • Cardano (ADA) was priced at US$0.8895, up by 1.1 percent over 24 hours. Its highest valuation on Friday was US$0.9064, and its lowest was US$0.8743.

Today’s crypto news to know

Gemini prices IPO at US$28, set to trade on Nasdaq

Gemini, the exchange founded by Tyler and Cameron Winklevoss, has priced its initial public offering at $28 per share, above earlier expectations.

The stock will begin trading on the Nasdaq Global Select Market under the ticker “GEMI”, marking one of the year’s most closely watched crypto debuts. Strong investor demand pushed the price well past the originally targeted US$17 to US$19 range, with underwriters holding an option to buy extra shares.

The company won’t directly benefit from secondary sales, though the deal signals strong interest in public crypto firms.

Gemini reported US$142.2 million in revenue last year, with nearly 70 percent coming from trading fees, but also posted widening losses that hit US$282.5 million in the first half of 2025.

Despite its IPO success, the company faces lingering scrutiny, having settled a US$5 million CFTC case in January over alleged misstatements tied to Bitcoin futures.

US Bitcoin ETFs extend inflow streak, add US$550M

Spot Bitcoin ETFs in the U.S. attracted US$552.78 million in net inflows on Thursday, their fourth consecutive day of investor demand.

According to data from SoSoValue, it is the longest run Bitcoin has been on since late August, when inflows coincided with bitcoin’s climb to a record high above US$123,000.

Wednesday’s (September 10) US$757.14 million intake was also the biggest single-day gain since July, heralding renewed appetite for crypto-backed products.

In addition to the upsurge, Ether ETFs have also returned to positive territory after a six-day losing streak drained more than US$1 billion.

Analysts tie the flows to expectations of a Federal Reserve rate cut on September 17, which could boost risk assets across the board. Bitcoin has gained 3.2 percent over three days to trade above US$115,000, while Ether is up about 5 percent at US$4,500.

Dormant bitcoin whale resurfaces after 13 years

A long-silent bitcoin wallet holding 444.81 BTC, worth over US$50 million, has suddenly sprung to life after 13 years of inactivity.

On September 11, blockchain monitors flagged transfers of 132.03 BTC to a new address and 5 BTC to Kraken, sparking speculation about the motives behind the move.

The wallet had been inactive for 13 years, raising questions among investors about whether the original owner has regained access or if coins have changed hands.

Historically, dormant wallets often capture market attention as their moves can precede larger sales or signal shifting long-term sentiment.

The timing also comes amid Bitcoin’s latest rally above US$115,000, but so far, the whale’s remaining holdings remain untouched.

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