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Here’s a quick recap of the crypto landscape for Friday (November 28) 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$91,192.19, down by 0.2 percent over 24 hours.

Bitcoin price performance, November 28, 2025.

Chart via TradingView.

However, the expert added that whale selling is keeping upside momentum fragile, preventing Bitcoin’s recovery from becoming a sustained trend. Hasn also noted that while derivatives market indicators show some stabilization, the rebound lacks the aggressive leverage buildup that typically supports strong rallies.

Friday’s derivatives data reinforces this view. Open interest fell 0.13 percent over four hours as traders trimmed positions. Liquidations hit US$23.74 million, mostly in longs, clearing excess bets without sparking fresh buying.

The slightly negative funding rate of -0.001 percent shows shorts paying longs with no bullish premium, while Bitcoin’s relative strength index of 58 signals neutral momentum, not the overextension needed for a strong rally.

As Hasn explained:

“Bitcoin’s resilience this week is therefore being shaped by a supportive macro environment rather than internal strength. The mixed whale distribution pattern and the lack of sustained accumulation still underline that the market remains vulnerable. The next phase will likely depend on whether improving sentiment in equities can translate into more durable inflows across the crypto market.”

Meanwhile, Ether (ETH) was at US$3,057.17, up by 0.7 percent over 24 hours. Ether derivatives showed balanced consolidation: US$8.83 million in mixed long/short liquidations cleared positions evenly, while a 0.06 percent rise in open interest signals modest new bets. However, neutral funding at 0.001 percent lacks a bullish premium.

Altcoin price update

  • XRP (XRP) was priced at US$2.19, down by 1.8 percent over 24 hours.
  • Solana (SOL) was trading at US$137.88, down by 3.3 percent over 24 hours.

Fear and Greed Index snapshot

CMC’s Crypto Fear & Greed Index continued to climb steadily after plunging into ‘extreme fear’ territory in the last two weeks. It has currently settled at 20 and is inching closer to ‘fear.’

Bitcoin’s rebound from the mid-US$80,000 zone has triggered a swift shift in market sentiment. After the price briefly cooled near US$80,000, many expected a sluggish recovery phase. Instead, optimism snapped back, with the sentiment index rising 10 points over the week and marking one of its sharpest moves in recent months.

The increase corresponds with heavier buying activity and reduced caution among traders who had previously stayed on the sidelines during the cryptocurrency’s pullback.

CMC Crypto Fear and Greed Index, Bitcoin price and Bitcoin volume.

Chart via CoinMarketCap.

Today’s crypto news to know

Major CME Group outage halts futures trading

CME Group (NASDAQ:CME) experienced a major outage on Friday due to a chiller plant malfunction at the CyrusOne CHI1 facility, halting trading in futures and options across equities, currencies, commodities, treasuries and FOREX.

The disruption started late on Thursday (November 27) and affected the Globex platform, which handles 90 percent of CME Group’s volume. The outage halted trading in Bitcoin and Ether futures for about nine to 11 hours, disrupting access to quotes and positions, but leaving spot crypto markets largely unaffected.

Visa expands stablecoin settlement push with Aquanow partnership

Visa (NYSE:V) has deepened its stablecoin strategy by teaming up with Aquanow to support faster settlement across Central and Eastern Europe, the Middle East and Africa.

The deal plugs Aquanow’s infrastructure directly into Visa’s payment rails, allowing banks and payment firms in the region to settle transactions in approved stablecoins such as USDC.

Visa says the upgrade is aimed at institutions seeking cheaper and quicker cross-border settlement options as demand for digital asset rails grows. The company also aims to modernize the “back-end plumbing” of payments by reducing reliance on traditional networks with multiple intermediaries. Aquanow, which processes billions in crypto transactions each month, will provide liquidity and technical support for the integrations.

The collaboration follows Visa’s recent stablecoin payout pilot, Visa Direct, which lets businesses fund transactions in fiat while recipients opt to receive stablecoins directly in their wallets.

UK backs “no gain, no loss” tax model for DeFi activity

The UK government has endorsed a major shift in how DeFi transactions are taxed, moving to eliminate capital gains charges when users deposit tokens into lending protocols or liquidity pools.

Under the current rules, deposits can be treated as disposals, often generating tax liabilities even when investors haven’t realized any economic gain. HM Revenue & Customs’ updated guidance supports a “no gain, no loss” approach that would tax users only when they withdraw assets and eventually sell them.

The proposal comes after two years of industry feedback from firms, many of which argued that the existing system distorts reality and burdens ordinary users with excessive record keeping. The new model would apply to both simple lending and automated market makers, ensuring that only genuine gains or losses are captured for tax purposes.

Australia introduces digital assets bill

Australia has tabled a new digital assets bill aimed at ending years of regulatory uncertainty and preventing a repeat of past offshore failures such as FTX and Celsius.

The proposed Corporations Amendment (Digital Assets Framework) Bill 2025 would require platforms holding customer crypto to meet the same licensing and conduct standards applied across the financial sector.

Officials said the legislation is designed to bring crypto businesses fully into the regulated economy, ensuring transparency, custody safeguards and clear accountability.

The bill includes exemptions for smaller operators that process under US$10 million annually and hold less than US$5,000 per customer, mirroring existing thresholds for low-risk financial products. The government argues that modernizing the rules could unlock as much as US$24 billion a year in productivity and efficiency gains.

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.

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West African gold explorer Asara Resources Limited (ASX: AS1; Asara or Company) is pleased to announce the second set of results from 11 drill holes (totalling 2,455m) from the Phase 1 Reverse Circulation (RC) drilling program within the Massan deposit Mineral Resource Estimate (MRE) area at its flagship Kada Gold Project (Kada) in Guinea.

HIGHLIGHTS

  • Drilling to date has focused on increasing geological confidence and on extending the down-dip mineralisation envelope at the Massan deposit within the Kada project.
  • The latest results demonstrate continuity between drillholes across the remaining Inferred areas, reinforcing confidence in the geological model and confirming consistent, broad zones of mineralisation.
  • Depth-extension drilling beyond the US$1,800/oz pit shell confirms that mineralisation continues at depth, returning robust gold intersections within fresh rock and identifying new zones of deeper mineralisation.
  • Phase 2 drilling will target strike extensions to the north and south to further grow the resource footprint.
  • Notable gold intersections from the assays received for the most recent eleven drillholes include:
    • MSRC25-014: 55m @ 1.0 g/t gold from 17m. Including,
      7m @ 3.1 g/t gold from 28m.
      12m @ 1.35 g/t gold from 239m. Including,
      5m @ 2.3 g/t gold from 244m.
    • MSRC25-015: 26m @ 0.9 g/t gold from 121m.
    • MSRC25-016: 7m @ 1.4 g/t gold from 143m.
      18m @ 1.1 g/t gold from 154m. Including,
      5m @ 2.0 g/t gold from 146m.
    • MSRC25-017: 23m @ 1.2g/t gold from 64m. Including,
      6m @ 3.8 g/t gold from 64m.
    • MSRC25-018: 12m @ 3.0g/t gold from 22m. Including,
      7m @ 4.1 g/t gold from 26m.
      18m @ 1.0g/t gold from 221m. Including,
      6m @ 2.0 g/t gold from 227m.
      6m @ 2.0g/t gold from 282m.
    • MSRC25-019: 1m @ 20.8g/t gold from 21m. 90m @ 1.0g/t gold from 226m. Including,
      9m @ 1.8 g/t gold from 234m; and
      10m @ 3.0 g/t gold from 301m.
    • MSRC25-020: 5m @ 2.9g/t gold from 6m.
      13m @ 2.1g/t gold from 29m. Including,
      4m @ 4.8 g/t gold from 35m.
      30m @ 1.9g/t gold from 109m. Including,
      16m @ 3.0 g/t gold from 118m.
      20m @ 2.3g/t gold from 144m. Including,
      9m @ 4.1 g/t gold from 144m.
    • MSRC25-021: 57m @ 1.2g/t gold from 3m. Including,
      12m @ 2.0 g/t gold from 12m.
    • 41m @ 0.7g/t gold from 64m.
    • MSRC25-023: 33m @ 0.5 g/t gold from 41m.
    • MSRC25-023B: 8m @ 0.7 g/t gold from 0m.
    • MSRC25-024: 19m @ 1.5 g/t gold from 0m. Including,
      8m @ 2.1 g/t gold from 0m.
      56m @ 0.7 g/t gold from 23m.
      10m @ 1.3 g/t gold from 156m. Including,
      5m @ 2.2 g/t gold from 156m.

Additional RC Drilling Results Confirm High-Grade Continuity at Massan Prospect

The Company is pleased to announce the receipt of assay results from a further eleven RC drill holes, totalling 2,455 metres, completed at the Massan prospect (Figure 1 and Figure 2). This phase of drilling has been strategically designed to both infill the existing drilling dataset by improving geological confidence in the mineralised zones to a vertical depth of ~150 metres, and to test the down-dip depth extensions of the deposit beyond previously defined depth limits (Figure 3 and Figure 4).

As with the previous set of assay results reported in September, this batch of assay results from the drill holes drilled within the central portion of the Massan deposit has again returned significant mineralised intersections, reinforcing the continuity and robustness of the mineralisation within the core zone and validating the accuracy of the geological model against which drillhole planning has been based.

Matt Sharples, CEO of Asara, commented:

“The latest batch of assay results from the Phase 1 drilling program at the Massan deposit at Kada is highly encouraging. Not only do they confirm the widths and tenures of the expected grades, but most importantly, the intercepts were encountered exactly where predicted. This validates the accuracy of our geological model, strengthens our understanding of the genesis of the gold and derisks our exploration targeting. This enhances our success rate and continues to lower our $/oz discovery cost at a deposit which continues to grow in scale.

Both the reported depth-extension results and the near-surface infill drilling have validated our targeting and underscore the scale of Massan. We will continue to refine and update our drill plan, and we look forward to receiving the next batch of assays, which will further guide and shape our near-term exploration strategy to increase geological confidence and confirm depth extensions.

Drilling activity at Massan is due to ramp up with the imminent arrival of the Sahara Resources AC/RC rig, which will undertake a strike extension drilling campaign, designed to confirm the scale of the Massan deposit along strike, north and south, and potentially grow the Inferred Mineral Resource component of the Kada Project.”

Click here for the full ASX Release

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Trading in the securities of Corazon Mining Limited (‘CZN’) will be halted at the request of CZN, pending the release of an announcement by CZN.

Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of:

  • the commencement of normal trading on Wednesday, 3 December 2025; or
  • the release of the announcement to the market.

CZN’s request for a trading halt is attached below for the information of the market.

Issued by
ASX Compliance

Click here for the full ASX Release

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Mineralization intersected in 8 of 9 holes at Tahami South, directly adjacent to Aris Mining’s producing operations in the Segovia gold district

Quimbaya Gold Inc. (CSE: QIM,OTC:QIMGF) (OTCQB: QIMGF) (FSE: K05) (‘Quimbaya’ or the ‘Company’) is pleased to announce the discovery of two new mineralized vein systems at its 100%-owned Tahami South Project in the Segovia-Remedios gold district of Antioquia, Colombia.

The Company’s ongoing drill program at Tahami South has successfully identified vein systems that include the previously targeted Vein S and Vein V, confirming the presence of mineralization consistent with quartz vein systems mined regionally. These results confirm the continuation of the Segovia district’s geological architecture onto Quimbaya’s ground, a core thesis of the Company’s strategy.

‘This is a milestone event for Quimbaya. These first vein discoveries validate our thesis and represent a turning point as we move from land assembly into value creation through the drill bit,’ said Alexandre P. Boivin, CEO of Quimbaya Gold. ‘They are not just promising results, they are proof that we’re on to a significant mineralized system, with the grades, geometry, and geology that define Colombia’s most productive gold district.’

Discovery Highlights

  • Several Veins intersected across multiple drill platforms

  • Mineralization intersected in 8 out of 9 drill holes, demonstrating strong structural continuity and robust targeting accuracy in the inaugural Phase 1 program.

  • Drilling remains ongoing, with over 4,000 meters completed to date; the program has been extended beyond its initial scope in response to encouraging early results.

  • Two distinct vein structures system (S & V) discovered, confirming Segovia-style mineral continuity on Quimbaya’s ground.

  • Mineralization comprises quartz, barite, carbonate veining with sulphide assemblage (pyrite, chalcopyrite, galena, sphalerite).

‘These intercepts confirm that we are tapping into the same geological architecture that has made the Segovia district one of the most prolific gold producers in Latin America,’ said Ricardo Sierra, B.Sc., AusIMM, VP Exploration. ‘We see clear continuity in structure, mineralogy, grade, and believe we are only beginning to uncover the full potential at Tahami South.’

While initial assay results have been received from select drill holes, the Company is continuing to await the return of a significant portion of its Phase 1 drill campaign. In the interest of providing a more complete and technically coherent picture of the emerging discovery at Tahami South, Quimbaya intends to release assay data once a critical mass of results has been compiled. This approach ensures a balanced and contextualized interpretation of both grade distribution and structural continuity, and reflects the Company’s commitment to disciplined, data-driven disclosure as the scale of the system comes into focus.

Strategic Implications: Thesis Confirmed

The discovery of vein systems that include the previously targeted Veins S and V represents the first clear technical validation of Quimbaya’s exploration thesis: that district-scale mineralized structures extend beyond known mines into underexplored ground. The Company’s focused land acquisition strategy prioritized claims with gold & silver+ at surface and proximity to producers, and now, early drilling confirms this model is working.

With over 4,000 meters already drilled, surpassing the originally planned Phase 1 total, the Company has extended its current program to follow up on promising early results and to further evaluate vein continuity at depth and along strike. The strong correlation between drill intercepts and the geological model has reinforced Quimbaya’s exploration thesis. These results not only validate the presence of a robust mineralized system but also provide clear vectors for systematic expansion drilling in 2026.

Figure 1. Plan view of Tahami South showing drill platform locations 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11347/276292_5f253638b40f0884_001full.jpg

Figure 2. System S

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https://images.newsfilecorp.com/files/11347/276292_5f253638b40f0884_002full.jpg

Figure 3. System S

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https://images.newsfilecorp.com/files/11347/276292_5f253638b40f0884_003full.jpg

Figure 4. System V

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Figure 5. System V and S

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Capital Strengthened Through Warrant Exercises; Equity Incentives Align Leadership for 2026

Quimbaya Gold is pleased to report that during the second half of 2025, a total of 2,169,164 common shares were issued through the exercise of stock options and warrants, resulting in gross proceeds of C$874,665. This influx of non-dilutive capital reinforces the Company’s treasury ahead of a fully funded 2026 drill campaign.

In parallel, the Company granted an aggregate of 614,034 Restricted Share Units (RSUs) to members of its senior management and board of directors under its equity incentive plan. These RSUs, which will vest in accordance with the plan and CSE policies, reflect Quimbaya’s continued focus on retaining top-tier leadership and aligning long-term performance with shareholder value.

Qualified Person

Ricardo Sierra, AusIMM, is a non-independent Officer ‘VP Exploration’ and the Qualified Person for this news release. Mr. Sierra has sufficient experience with South American exploration projects relevant to the style of mineralization and type of deposit under consideration. He consents to the inclusion of the Exploration Results in the form and context in which they appear.

About Quimbaya

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami Project), Puerto Berrio (Berrio Project), and Abejorral (Maitamac Project), all located in Antioquia Province, Colombia.

Contact Information

Alexandre P. Boivin, President and CEO apboivin@quimbayagold.com

Sebastian Wahl, VP Corporate Development swahl@quimbayagold.com

Quimbaya Gold Inc.
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Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, but not always, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking statements herein include statements and information regarding the Offering’s intended use of proceeds, any exercise of Warrants, the future plans for the Company, including any expectations of growth or market momentum, future expectations for the gold sector generally, the Colombian gold sector more particularly, or how global or local market trends may affect the Company, intended exploration on any of the Company’s properties and any results thereof, the strength of the Company’s mineral property portfolio, the potential discovery and potential size of the discovery of minerals on any property of the Company’s, including Tahami South, the aims and goals of the Company, and other forward-looking information. Forward-looking information by its nature is based on assumptions and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to, that the Company’s exploration and other activities will proceed as expected. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: future planned development and other activities on the Company’s mineral properties; an inability to finance the Company; obtaining required permitting on the Company’s mineral properties in a timely manner; any adverse changes to the planned operations of the Company’s mineral properties; failure by the Company for any reason to undertake expected exploration programs; achieving and maintaining favourable relationships with local communities; mineral exploration results that are poorer or better than expected; prices for gold remaining as expected; currency exchange rates remaining as expected; availability of funds for the Company’s projects; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; no unplanned delays or interruptions in scheduled construction and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; the Offering proceeds being received as anticipated; all requisite regulatory and stock exchange approvals for the Offering are obtained in a timely fashion; investor participation in the Offering; and the Company’s ability to comply with environmental, health and safety laws. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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The Trump administration harshly criticized the United Kingdom over its handling of mass immigration and the long-running rape gang scandal that has victimized white girls across the country.

In a statement posted to X, the U.S. State Department called on its Europe-based diplomats to track the effects of rampant immigration. While the statement zeroed in on the U.K., it also highlighted similar problems in Germany and Sweden.

‘The State Department instructed U.S. embassies to report on the human rights implications and public safety impacts of mass migration,’ the statement read. ‘Officials will also report policies that punish citizens who object to continued mass migration and document crimes and human rights abuses committed by people of a migration background.’

The statement referenced the so-called ‘grooming gangs’ made up of mostly Pakistani men who have victimized young girls for decades, with little action taken by the government.

‘In the United Kingdom, thousands of girls have been victimized in Rotherham, Oxford, and Newcastle by grooming gangs involving migrant men,’ the State Department said. ‘Many girls were left to suffer unspeakable abuse for years before authorities stepped in.’

A day after the statement, GB News reported that U.K. Prime Minister Keir Starmer told reporters at the G20 in South Africa that the national inquiry would ‘leave no stone unturned.’

The State Department’s warning comes weeks after several victims — who were members of the independent inquiry — resigned over what they claimed was a continuation of a cover-up. 

One abuse survivor, Ellie Reynolds, told cable channel GMB that the existence of grooming gangs has been ‘brushed under the carpet’ and that ‘our voices have been silenced.’

She was supported by fellow survivor Fiona Goddard, who was groomed from the age of 14, and said that when she spoke out for help she was dismissed as a ‘child prostitute’ by authorities.

Goddard resigned to protest the cover-up, saying members of the grooming gangs near Bradford were in the ‘vast majority … Pakistani men.’

Successive governments — both Conservative and Labour — have been dealing with the revelations for years that a number of grooming gangs, often consisting mostly of men of South Asian or Pakistani heritage, have sexually exploited girls for decades across the north of England.

Prior to the inquiry, Starmer had commissioned a national audit led by Baroness Louise Casey earlier this year. 

On the hot-button issue of the backgrounds of the criminals, the Casey report stated in part, ‘We found that the ethnicity of perpetrators is shied away from and is still not recorded for two-thirds of perpetrators, so we are unable to provide any accurate assessment from the nationally collected data.’

It continued: ‘Despite the lack of a full picture in the national data sets, there is enough evidence available in local police data in three police force areas which we examined which show disproportionate numbers of men from Asian ethnic backgrounds amongst suspects for group-based child sexual exploitation, as well as in the significant number of perpetrators of Asian ethnicity identified in local reviews and high-profile child sexual exploitation prosecutions across the country, to at least warrant further examination.’

Her audit also identified other perpetrators, including White British, European, African or Middle Eastern individuals.

The results of the audit produced 12 recommendations to the government, which have been implemented, including a national inquiry to ‘direct local investigations and hold institutions to account for past failures.’ 

But the Starmer government has been set back by a failure to appoint a chair for the inquiry, and it has faced resignations as critics have accused the Labour government of covering it up for political reasons.

Alan Mendoza, founder of the Henry Jackson Society, told Fox News Digital that ‘successive governments’ have allowed ‘gangs of largely South Asian Muslims to target white British girls, claiming, ‘the Labour government doesn’t want to be seen as stigmatizing demographics or potentially losing votes.’

‘I hope that the inquiry will focus more specifically on the real issue plaguing the U.K. over the last 20 years,’ Mendoza added.

The point person for the government’s inquiry is Labour member of Parliament Jess Phillips, who has served as the parliamentary undersecretary of state for Safeguarding and Violence Against Women and Girls since July 2024.

However, Phillips is facing heavy scrutiny over how she’s handling the set-up of the inquiry.

Asked in Parliament about the nature of the inquiry and whether it will address the perpetrators’ ethnicity, she vowed to be transparent.

‘There is absolutely no sense that ethnicity will be buried away,’ Phillips said. ‘Every single time that there is an apparently needless delay — even though it took seven months to put in place chairs for both the COVID inquiry and the blood inquiry, and nobody moaned about that — it gets used to say that we want to cover something up. That is the misinformation I am talking about. It will not cover things up. We are taking time to ensure that that can never happen.’

Elon Musk weighed in on the matter in a series of X statements earlier this year, stating that Phillips, was a ‘rape genocide apologist’ and the world was witnessing ‘the worst mass crime against the people of Britain ever.’ 

Philips told the BBC that his comments were ‘disinformation’ and ‘endangering’ her, but said it was nothing compared to what the victims of the abuse had faced. 

Commentators say the challenge for the government now is to find those credible and willing to bring justice and lasting change so it won’t happen again.

Fox News Digital reached out to Phillips’ office but received no response.
 

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Fulton County District Attorney Fani Willis, an elected Democrat, is a disgrace to her office and the legal profession. She to bring down President Trump with a politically motivated indictment, but her vendetta came crashing to a pitiful end on Wednesday. Now, it is time for Willis to face maximum legal accountability.

Trump vigorously objected to the results of the 2020 presidential election in several states and during the Congressional certification process. He offered no bribes and made no threats of violence; indeed, he urged his supporters to march ‘peacefully’ to the Capitol on January 6, 2021, the day of the certification. Yet, Willis—a leftist hack—secured an indictment against Trump and many of his allies with an overwhelming Democrat grand jury in Atlanta. These included Trump’s loyal White House chief of staff Mark Meadows; Jeff Clark, an exceptional former top Justice Department official who is facing a disgraceful disbarment effort by the District of Columbia Bar; and former New York City Mayor Rudy Giuliani, America’s greatest mayor who served as one of President Trump’s attorneys. Willis alleged a vast RICO conspiracy that could have landed President Trump and his supporters in prison for decades.

Willis had ethical issues even before her indictment. Lt. Gov. Burt Jones was one of her targets, but she never got the chance to persecute him. Fulton County Superior Court Judge Robert McBurney disqualified Willis because she had fundraised for Jones’ Democrat opponent. This disqualification was an easy call; indeed, McBurney expressed incredulity as to what Willis possibly could have been thinking. Pete Skandalakis, head of the Prosecuting Attorneys’ Council of Georgia (PACGA), took over the case and dismissed it after determining that Jones had not acted with criminal intent. This shameful episode would not be Willis’s most shocking lapse in judgment during this fiasco.

Willis hired her secret (and married) boyfriend Nathan Wade, who had never tried a felony case. He had been a lawyer in private practice and a municipal court judge. Somehow, he found his way onto Willis’s team, raking in $250 an hour from Fulton County taxpayers. He billed eight-hour days constantly, and he even billed 24 hours on one occasion. He wound up taking home almost $700,000. He made far more money than John Floyd, Georgia’s preeminent expert on the RICO statute. The mystery of Wade’s involvement was solved thanks to Ashleigh Merchant, an excellent attorney who represented one of Trump’s co-defendants and American patriotic warrior Mike Roman.  Merchant alleged that Willis and Wade had been having an affair and filed a motion for their disqualification.

Leftist legal analysts like the insufferable Norm Eisen scoffed at Merchant when she filed her motion. The prosecution even sought sanctions. Superior Court Judge Scott McAfee did not issue sanctions; instead, he held an evidentiary hearing. The hearing was a national disgrace. Willis could not control her rage, and McAfee had to caution her to stop her antics. The proceedings degenerated into an episode of Jerry Springer, and the salacious details of the affair were broadcast for the nation to see. Wade paid for lavish trips to the Caribbean and other luxurious places. Willis claimed that she had reimbursed Wade with cash that she kept in her house at the direction of her father, a prominent Black Panther. There are no records of any of these purported reimbursements. Willis also claimed the affair had nothing to do with the indictment, testifying that it only started after Wade’s appointment.

McAfee used the phrase ‘odor of mendacity’ to describe the testimony of Willis and Wade. He sadly split the baby, ruling that one of them would be disqualified. Wade resigned that day, meaning that Willis could stay on the case. President Trump and most codefendants appealed the decision not to disqualify Willis, and an appellate court agreed with the defendants. Willis sought review by the Georgia Supreme Court, but the justices rebuffed her earlier this year. The case was then reassigned to PACGA. Skandalakis could not find a prosecutor to take it over, so he assigned it to himself. The day before Thanksgiving, McAfee granted Skandalakis’ motion to dismiss the case in its entirety. Willis secured a few plea deals to misdemeanor charges, a pathetic result given the fanfare that the indictment initially received. Willis promised that ‘[t]he train is coming,’ but her staggering corruption, arrogance, and incompetence derailed the train.

Willis’s sham indictment devastated many lives. People with not nearly the resources of Trump faced indictment and had to shell out massive amounts to pay lawyers. They had their lives destroyed. The dismissal cannot be the last word here, and Trump’s attorney, the brilliant Steve Sadow, has made that clear. He will move for attorney’s fees and costs under Georgia Code § 17-11-6. Such fees are proper because Willis was disqualified for improper conduct, and the case was fully dismissed. Every other defendant should join Sadow’s motion. Additionally, Willis and Wade must face severe criminal accountability by the U.S. Justice Department for a conspiracy against rights under 18 U.S.C. § 241. Wade visited the Biden White House, billing 16 hours of his time to the taxpayers of Fulton County. What happened here is obvious. Willis and Wade were coordinating their farcical prosecution with Team Biden. It could not have been for any other reason, as Wade was hired as a special counsel just for this case. If Wade were billing his time to Fulton County taxpayers for his Biden White House meeting for an unrelated matter to the Trump case, Wade committed fraud. Willis hired her lover, who kicked back some of his unearned salary to finance lavish trips for himself and Willis. The U.S. Justice Department has subpoenaed records from Willis, and a grand jury must promptly investigate and indict these corrupt public (dis-)servants.

President Trump objected to an election he thought had been stolen. Democrats did the same in 1969, 2001, 2005, and 2017—yet, none faced indictment. Such objections are allowed under the First Amendment and the Electoral Count Act. It is only illegal to object to elections in third-world Marxist hellholes. Willis and Wade were neck-deep in the Republic-ending lawfare conspiracy against Trump that tore apart our nation. They failed, but they cannot walk away from their despicable actions. Justice must come their way swiftly and severely. They could not wait to post President Trump’s mugshot, and the time has come for theirs.

Lawyer up, Fani. Justice is coming. Nobody is above the law.

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The Trump administration announced a sweeping federal civil-rights agreement Friday with Northwestern University, requiring the school to pay $75 million and protect students and staff from any ‘race-based admissions practices’ and a ‘hostile educational environment directed toward Jewish students.’

The Department of Justice (DOJ), Department of Education (DOE) and Department of Health and Human Services (HHS) said in a statement the agreement was intended to safeguard Northwestern from unlawful discrimination’ and calls for the university to ‘maintain clear policies and procedures relating to demonstrations, protests, displays, and other expressive activities,’ as well as the implementation of mandatory antisemitism training.

‘Today’s settlement marks another victory in the Trump Administration’s fight to ensure that American educational institutions protect Jewish students and put merit first,’ Attorney General Pamela Bondi said in a statement. ‘Institutions that accept federal funds are obligated to follow civil rights law — we are grateful to Northwestern for negotiating this historic deal.’

Northwestern will pay its $75 million to the United States through 2028.

The new agreement comes after the Trump administration previously secured a $221 million settlement with Columbia University to resolve multiple federal civil rights investigations. That deal includes a $200 million payment over three years for alleged discriminatory practices and $21 million to settle claims of antisemitic employment discrimination against Jewish faculty after the Oct. 7, 2023, Hamas attacks in Israel. 

DOE Secretary Linda McMahon called the Northwestern agreement ‘a huge win for current and future Northwestern students, alumni, faculty, and for the future of American higher education.’

‘The deal cements policy changes that will protect students and other members of the campus from harassment and discrimination, and it recommits the school to merit-based hiring and admissions,’ she said in a statement. ‘The reforms reflect bold leadership at Northwestern and they are a roadmap for institutional leaders around the country that will help rebuild public trust in our colleges and universities.’

Northwestern directed Fox News Digital to a statement made by university president Henry Bienen reacting to the agreement, saying it would restore hundreds of millions of dollars in critical research funding.

‘This is not an agreement the University enters into lightly, but one that was made based on institutional values,’ Bienen stated. ‘As an imperative to the negotiation of this agreement, we had several hard red lines we refused to cross: We would not relinquish any control over whom we hire, whom we admit as students, what our faculty teach or how our faculty teach. I would not have signed this agreement without provisions ensuring that is the case.’

Bienen added, ‘Northwestern runs Northwestern. Period.’

The university president also said the $75 million payment ‘is not an admission of guilt, but simply a condition of the agreement.’ He noted that Northwestern ‘has not been found in violation of any laws and expressly denies liability regarding all allegations in the now-closed investigations.’

In its statement announcing the agreement, DOJ said federal agencies would close their pending investigations and treat Northwestern as eligible for future grants, contracts and awards.

The Trump administration previously put a freeze on approximately $790 million from Northwestern University and over $1 billion in federal funding from Cornell University over potential civil rights investigations at both prestigious schools.

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President Donald Trump announced on Friday he is terminating all documents allegedly signed by former President Joe Biden with the autopen.

In a Truth Social post, Trump claimed 92% of documents signed during Biden’s presidency were done so with the device.

‘The Autopen is not allowed to be used if approval is not specifically given by the President of the United States,’ Trump wrote. ‘The Radical Left Lunatics circling Biden around the beautiful Resolute Desk in the Oval Office took the Presidency away from him.’

Trump said he is canceling all executive orders and ‘anything else that was not directly signed by Crooked Joe Biden, because the people who operated the Autopen did so illegally.’

The autopen device, which holds a real pen and signs paper using a handwriting template, automatically reproduces a person’s signature with high accuracy.

The U.S. government has used autopens since the Truman administration, and the Department of Justice’s Office of Legal Counsel previously confirmed use of the device is legal for presidential signatures on legislation and executive acts, so long as it is authorized by the president.

However, Trump claimed Biden did not approve the signatures, and threatened to charge him with perjury if he says he was involved in the autopen process.

During Biden’s presidency, he signed 162 executive orders, in addition to hundreds of memoranda, proclamations and notices.

Though Trump signed an executive order in January rescinding nearly 80 Biden-era executive orders, some of those that appear to remain in full force, and may now be subject to cancelation, include: Executive Order 14087, which lowers prescription drug costs in the U.S.; Executive Order 14096, which centers around environmental justice; and Executive Order 14110, which cracks down on the development and use of artificial intelligence (AI).

It is unclear who will validate the signatures on documents allegedly signed by Biden.

This is a developing story. Please check back for updates.

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Like its sister metal gold, silver has been attracting renewed attention as a safe-haven asset.

Although silver continues to exhibit its hallmark volatility, a silver bull market is well underway in 2025.

Experts are optimistic about the future, and as the silver price’s momentum continues in 2025, investors are looking for price forecasts and asking, “What was the highest price for silver?”

The answer reveals how much potential there is for the silver price to rise.

Read on for a look at silver’s historical moves, its new all-time high price and what they could mean for both the price of silver today and the white metal’s price in the future.

In this article

    How is silver traded?

    Before discovering what the highest silver price was, it’s worth looking at how the precious metal is traded. Knowing the mechanics can be useful in understanding why and how its price changes on a day-to-day basis and beyond.

    Put simply, silver bullion is traded in dollars and cents per ounce, with market activity taking place worldwide at all hours, resulting in a live silver price. Key commodities markets like New York, London and Hong Kong are just a few locations where investors trade the metal. London is seen as the center of physical silver trade, while the COMEX division of the New York Mercantile Exchange, called the NYMEX, is where most paper trading is done.

    There are two popular ways to invest in silver. The first is through purchasing silver bullion products such as bullion bars, bullion coins and silver rounds. Physical silver is sold on the spot market, meaning that to invest in silver this way, buyers pay a specific price for the metal — the silver price per ounce — and then have it delivered immediately.

    The second is accomplished through paper trading, which is done via the silver futures market, with participants entering into futures contracts for the delivery of silver at an agreed-upon price and time. In such contracts, two positions can be taken: a long position to accept delivery of the metal or a short position to provide delivery.

    Paper trading might sound like a strange way to get silver exposure, but it can provide investors with flexibility that they wouldn’t get from buying and selling bullion. The most obvious advantage is perhaps the fact that trading in the paper market means silver investors can benefit long term from holding silver without needing to store it. Furthermore, futures trading can offer more financial leverage in that it requires less capital than trading in the physical market.

    Market participants can also invest in silver through exchange-traded funds (ETFs). Investing in a silver ETF is similar to trading a stock on an exchange, and there are several silver ETFs to choose from. Some ETFs focus on physical silver bullion, while others focus on silver futures contracts. Still others focus on silver stocks or follow the live silver price.

    What is silver’s all-time high price?

    The silver all-time high was US$56.86, which it set on November 28, 2025.

    However, until October 9 of this year, the white metal’s all-time high had been the same for 45 years — silver’s former all-time high was US$49.95, and it was set on January 17, 1980.

    It’s worth unpacking what happened, because price didn’t exactly reach that level by honest means.

    As Britannica explains, two wealthy traders called the Hunt brothers attempted to corner the market by buying not only physical silver, but also silver futures — they took delivery of those silver futures contracts instead of taking legal tender in the form cash settlements. Their exploits ultimately ended in disaster: On March 27, 1980, they missed a margin call and the silver market price plunged to US$10.80. This day is infamously known as Silver Thursday.

    That record silver price wouldn’t be tested again until April 2011, when it reached US$47.94. This was more than triple the 2009 average silver price of US$14.67, with the price uptick coming on the back of very strong investment demand.

    So what happens next? While silver has officially broken its 1980 peak, it is still well below that price point adjusted for inflation. It remains to be seen just how high silver can go.

    Silver’s price history since 2011

    Silver price chart, November 10, 2010, to November 10, 2025.

    Chart via SilverPrice.org.

    After its 2011 peak, silver’s price pulled back over the following years before settling between US$15 and US$20 for much of the second half of last decade. An upward trend in the silver price started in mid-2020, when it was spurred on by the economic uncertainty surrounding the COVID-19 pandemic. The price of silver breached the key US$26 level in early August 2020, and soon after tested US$30. However, it failed to make substantial progress past that.

    In the spring of 2023, the silver price surged by 30 percent, briefly rising above US$26 in early May; however, the precious metal cratered back down to US$20.90 in early October. Later that month, silver advanced toward the US$23 level on the back of safe-haven demand due to the outbreak of the Israel-Hamas war.

    Following remarks from US Federal Reserve Chair Jerome Powell, speculation about interest rate reductions sent the price of silver to US$25.48 on November 30, its highest point for the fourth quarter.

    After starting 2024 on a low note, the white metal saw gains in March on rising Fed rate cut expectations. The resulting upward momentum led silver to reach a Q1 high of US$25.62 on March 20 before breaking through the US$30 mark on May 17. The silver price reached a then 12 year high of US$32.33 on May 20.

    In Q3, the metal’s price slid down below the US$27 mark to as low as US$26.64 by August 7 alongside its industrial cousin copper. Heading into Q4 2024, silver reversed course to the upside, tracking the record breaking moves in the gold price. Silver once again breached the US$30 level on September 13 and continued higher.

    On October 21, the silver price moved as high as US$34.20 during the trading day, up more than 48 percent since the start of the year and its highest level in 12 years. However, silver spent the rest of the year in decline, bottoming out at US$28.94 on December 30.

    Silver’s price performance in 2025

    Silver price chart, December 31, 2024, to November 28, 2025.

    The silver price experienced a momentum shift at the start of 2025, breaking through the US$30 barrier as early as January 5, and reaching US$31.31 by January 29. The metal continued to post gains through much of February and March, climbing to US$32.94 on February 20 and then peaking at its quarterly high of US$34.21 on March 28.

    Following US President Donald Trump’s tariff announcements on April 2, silver slumped to below US$30. While the Trump administration’s tariff policies have been largely beneficial for safe-haven assets like precious metals, there were concerns that the threat of tariffs could weaken industrial demand, which could cool price gains in the silver market.

    Yet those concerns were pushed to the back burner as recent economic and geopolitical events have raised analysts’ expectations of a September rate cut by the Fed. The benchmark rate has not changed since November 2024.

    On June 5, the silver price rose to a 13 year high of US$36.05 in early morning trading, before retreating toward the US$35.50 mark. By June 16, the white metal had broken through the US$37 mark for the first time since May 2011.

    In July, increasing geopolitical strife in the Middle East and Russia-Ukraine coupled with a positive outlook for China’s solar power industry proved price positive for both silver’s precious metals and industrial angles.

    The silver price overtook the US$39 level to reach US$39.24 on July 22.

    These same forces, coupled with the nearly unanimous rate cut expectations, launched the price of silver to over US$40 on August 31 for the first time since 2011, and by September 3 it had climbed as high as US$41.45. Silver continued climbing through September, progressively breaking level after level to top US$47 by the month’s end.

    Silver started Q4 by continuing its ascent, breaking through its 2011 peak and topping US$48 on October 3.

    The silver price officially surpassed its all-time US dollar high of US$49.95 — set in 1980 on October 9 — as it climbed to US$51.14 during trading that day. The white metal had already beaten its all-time highs in most currencies, including Canadian dollars and Australian dollars, on September 22.

    It continued climbing even higher on the safe-haven demand fundamentals behind its 2025 momentum. Helping drive that demand in October was escalating trade tensions between the US and China, leading to export controls on additional rare earth metals by China and threats of 100 percent tariffs on Chinese imports by the US.

    While silver pulled back to around US$48 in late October, news that the US government shut down had come to an end on November 9 drove the silver price back above US$50.

    Silver’s foray above the US$56 level on November 28 came on the back of an outage at the Comex, where trading was briefly halted due to a ‘cooling issue’ at a CyrusOne data center used by the exchange.

    Silver supply and demand dynamics

    Market watchers are curious as to whether the silver price will continue its upward trajectory in 2025. Only time will tell, and it will depend on the white metal’s ability to remain above the critical US$30 level.

    Like other metals, the silver spot price is most heavily influenced by supply and demand dynamics. However, as the information above illustrates, the silver price can be highly volatile. That’s partially due to the fact that the metal is subject to both investment and industrial metal demand within global markets.

    In other words, it’s bought by investors who want it as a store of wealth, as well as by manufacturers looking to use it for different applications that are incredibly varied. For example, silver has diverse technological applications and is used in devices like batteries and catalysts, but it’s also used in medicine and in the automotive industry.

    In terms of supply, the world’s three top producers of the metal are Mexico, China and Peru. Even in those countries silver is usually a by-product — for instance, a mine producing primarily gold or lead might also have silver output.

    The Silver Institute’s latest World Silver Survey, put together by Metals Focus, outlines a 0.9 percent increase in global mine production to 819.7 million ounces in 2024. This was in partly the result of a return to operations at Newmont’s (TSX:NGT,NYSE:NEM,ASX:NEM) Peñasquito mine in Mexico following a suspension of activity brought about by strike action among workers and improved recoveries out of Fresnillo (LSE:FRES,OTC Pink:FNLPF) and MAG Silver’s (TSX:MAG,NYSEAMERICAN:MAG) Juanicipio. Silver output also increased in Australia, Bolivia and the US.

    The firm is forecasting a 1.9 percent rise in global silver mine production to 823 million ounces in 2025. Much of that growth is expected to come out of Mexico, and it is also projecting output will rise in Chile and Russia.

    Lower production from Australia and Peru will offset some of these gains.

    Looking at demand, Metals Focus sees growth in 2025 flatlining as industrial fabrication takes a hit from the global tariff war. This could be tempered by an anticipated rebound in demand from physical investment in silver bars and coins.

    The silver market is expected to experience a substantial deficit of 117.6 million ounces in 2025, amounting to the sixth straight year of supply shortage for the metal.

    Is the silver price manipulated?

    As a final note on silver, it’s important for investors to be aware that manipulation of prices is a major issue in the space.

    For instance, in 2015, 10 banks were hit in a US probe on precious metals manipulation. Evidence provided by Deutsche Bank (NYSE:DB) showed “smoking gun” proof that UBS Group (NYSE:UBS), HSBC Holdings (NYSE:HSBC), the The Bank of Nova Scotia (TSX:BNS) and other firms were involved in rigging silver rates from 2007 to 2013. In May 2023, a silver manipulation lawsuit filed in 2014 against HSBC and the Bank of Nova Scotia was dismissed by a US court.

    JPMorgan Chase & Co. (NYSE:JPM) has been long at the center of silver manipulation claims as well. For years the firm has been in and out of court for the accusations. In 2020, JPMorgan agreed to pay US$920 million to resolve federal agency probes regarding the manipulation of multiple markets, including precious metals.

    In 2014, the London Silver Market Fixing stopped administering the London silver fix, which had been used for over a century to fix the price of silver. It was replaced by the LBMA Silver Price, which is run by ICE Benchmark Administration, in a bid to increase market transparency.

    Market watchers like Ed Steer have said that the days of silver manipulation are numbered, and that the market will see a significant shift when the time finally comes.

    Investor takeaway

    Silver has neared US$50 multiple times, including its all-time high, and as momentum continues for the silver price in 2025 investors are wondering if it could reach those heights once again.

    While it’s impossible to know for sure what’s next for silver, keeping an eye on the factors driving its performance, including gold’s performance, geopolitics, the economy and industrial demand, will help investors make decisions on when to buy and sell.

    Securities Disclosure: I, Melissa Pistilli, currently hold no direct investment interest in any company mentioned in this article.

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    French nuclear group Orano said that it “strongly condemns” the removal of uranium from the SOMAÏR mine in northern Niger.

    The company called the transfer illegal and a direct breach of the International Centre for Settlement of Investment Disputes’ (ICSID) September ruling, which prohibits the material from being sold or moved without the company’s consent.

    Orano said it learned of the shipment only after media reports disclosed that uranium had been taken from the Arlit-based facility, which has been under the control of Niger’s military government since late 2024.

    The company went on to explain “ (it) is not the initiator of this shipment,” adding that it has no official information on the quantity removed, the shipment’s destination, or the conditions of its transport.

    The incident deepens an already severe standoff that has been building for more than a year, following the military junta’s decision in December 2024 to block Orano from operating the mine despite the company’s majority stake.

    At the time, Orano publicly confirmed it had lost operational control, noting that board-approved directives were no longer being carried out and that authorities were preventing the suspension of production expenses.

    The situation escalated further in June 2025, when Niger announced it would nationalize SOMAÏR outright.

    The government accused Orano—a firm it described as “owned by the French state—a state openly hostile toward Niger since July 26, 2023” — of “irresponsible, illegal, and unfair behaviour.”

    Authorities said the mining agreement had expired in December 2023 and argued that nationalization was an assertion of “full sovereignty.” Orano, which held a 63 percent stake in the venture, declined to comment at the time but continued to pursue arbitration and legal action.

    The dispute produced a ruling favorable to Orano in September. The ICSID tribunal ordered Niger “not to sell, transfer, or even facilitate the transfer to third parties of uranium produced by SOMAÏR” that was being held in violation of Orano’s rights.

    That decision has now become central to the new controversy, with the latest shipment appearing to defy the tribunal’s directive.

    Orano said the uranium transfer constitutes a “breach” of the ruling and warned it is prepared to take further steps in response. The company said it reserves the right to take any additional action necessary, including criminal proceedings against third parties, should the material be taken in violation of its offtake entitlement.

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

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