Author

admin

Browsing

(TheNewswire)

Brossard, Quebec TheNewswire – March 31, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE’), North America’s sole publicly traded pure-play company specialized in green hydrogen production and distribution, is pleased to announce the execution of Commercial Supply Agreements (the ‘CSA’s’) with a US Tier 1 industrial gases producer and distributor. The first CSA is enabling CHARBONE to have access to certain volumes of hydrogen in advance of its own forth coming hydrogen production. The second CSA is further allowing CHARBONE to expand its product offerings to provide its own customers with a variety of other gases, such as helium and other complementary industrial gas products to hydrogen.

CHARBONE has been closely monitoring the evolution of the North American geopolitical and economic situation and is now ready to seize multiple new North American opportunities with complementary products, particularly in Canada. CHARBONE has gained an early-mover advantage through its market knowledge and is demonstrating its agility, resilience, and adaptability to develop partnerships and commercial synergies in the low carbon intensity and high purity hydrogen that CHARBONE will be also producing.

CHARBONE’s mission and vision remain focused on deploying its 16 production plants across Canada and the U.S., including the construction of the Sorel-Tracy flagship project, which is set to begin green hydrogen production in the first half of 2025. The execution of a supply agreements with one of the largest Tier 1 industrial gas producers in the U.S. for the bulk supply of hydrogen and other industrial gases will allow CHARBONE to diversify its revenue streams and increase the usages of its logistics and transportation capabilities to better address the growing demand from its existing customers, serve a larger customer base, and support its new partner in addressing the Canadian market. The world industrial gas market is projected to grow by USD 31.1 billion during 2024-2029, accelerating at a CAGR of 5.7% throughout the forecast period.

CHARBONE enhances its offerings to serve a larger industrial customer base, including, industrial gas distributors, semiconductor, data centre, natural gas, petrochemical, and refinery/oil industries, reinforcing its operational robustness and reliability as the preferred supplier to tackle the current market’s scarcity of dependable options.

‘The CHARBONE management team exhibits remarkable adaptability and agility in responding to rapid market changes. This enhancement to our offerings will solidify and bolster our position as a market leader in hydrogen while leveraging an existing and underserved market, especially in Canada , stated Dave Gagnon, CEO of CHARBONE . Our new partnership and commercial agreements with a US Tier 1 market leader, provides Charbone fresh diversification opportunities. This collaboration reinforces our leadership in the hydrogen market while generating new revenue streams. Our innovative business model boosts investor confidence by minimizing risk and maximizing growth potential.

About Charbone Hydrogen Corporation

CHARBONE is an integrated green hydrogen company with strategic distribution capabilities of industrial gases across North America. While continuing to develop its modular green hydrogen production network, CHARBONE also leverages commercial partnerships to supply hydrogen, helium, and other industrial gases without the capital-intensive requirements of production facilities. This approach enhances revenue streams, reduces operational risks, and increases market flexibility. CHARBONE remains North America’s only publicly traded pure-play green hydrogen company, with shares listed on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

 

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

(TheNewswire)

Brossard, Québec TheNewswire – le 31 mars 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d’Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert, a le plaisir d’annoncer l’exécution d’ententes d’approvisionnement avec un important producteur et distributeur américain de gaz industriels. La première entente permet à Charbone d’accéder à certains volumes d’hydrogène en anticipation de sa propre production. L a deuxième entente permettra en plus à Charbone d’élargir son offre de produits pour fournir à ses propres clients une variété d’autres gaz, tel que l’hélium et autres gaz industriels qui complémentent les produits d’hydrogène.

Charbone a suivi de près l’évolution de la situation géopolitique et économique nord-américaine, et est maintenant prête à saisir de multiple nouvelles opportunités nord-américaine avec des produits complémentaires, particulièrement au Canada. Charbone a acquis un avantage de pionnier grâce à sa connaissance acquise du marché et démontre son agilité, sa résilience et sa capacité d’adaptation pour développer des partenariats et des synergies commerciales dans l’hydrogène à faible intensité carbonique et de haute pureté que Charbone produira aussi.

La mission et la vision de Charbone reste concentrées sur le déploiement de ses 16 usines de production au Canada et aux États-Unis, y compris la construction du projet phare de Sorel-Tracy, dont la production d’hydrogène vert est prévue au cours du premier semestre de 2025. La signature d’ententes d’approvisionnement avec l’un des plus grands producteurs de gaz industriels aux États-Unis pour la fourniture d’hydrogène et d’autres gaz industriels permettra à Charbone de diversifier ses sources de revenus et de rentabiliser l’utilisation de ses capacités logistiques et de transport pour mieux répondre à la demande croissante de ses clients existants, servir une clientèle plus nombreuse, et soutenir son nouveau partenaire dans le développement du marché canadien. Le marché mondial des gaz industriels devrait croître de 31,1 milliards USD au cours de la période 2024-2029, avec un TCAC de 5,7 % tout au long de la période de prévision .

Charbone améliore son offre pour servir une clientèle industrielle plus large telles que des distributeurs de gaz industriels, des semi-conducteurs, des centres de données, du gaz naturel, des industries pétrochimiques et de raffinage/pétrole, renforçant ainsi sa robustesse opérationnelle et sa fiabilité en tant que fournisseur privilégié pour s’attaquer à la pénurie actuelle d’options fiables sur le marché.

L’équipe de direction de Charbone fait preuve d’une adaptabilité et d’une agilité remarquables pour répondre aux évolutions rapides du marché. Cet ajout à notre offre solidifiera et renforcera notre position de leader du marché de l’hydrogène tout en tirant parti de ce marché existant qui est mal desservi, particulièrement au Canada , a déclaré Dave Gagnon, Chef de la direction chez Charbone. Nos nouvelles ententes de partenariat et commerciales avec ce leader de premier niveau du marché américain fournit à Charbone de nouvelles opportunités de diversification. Cette collaboration renforce notre leadership sur le marché de l’hydrogène tout en générant de nouvelles sources de revenus. Notre modèle économique innovant renforce la confiance des investisseurs en atténuant les risques et en maximisant le potentiel de croissance .

À propos de Corporation Charbone Hydrogène

Charbone est une entreprise intégrée d’hydrogène vert disposant de capacités stratégiques de distribution de gaz industriels en Amérique du Nord. Tout en poursuivant le développement de son réseau modulaire de production d’hydrogène vert, Charbone s’appuie également sur des partenariats commerciaux pour fournir de l’hydrogène, de l’hélium et d’autres gaz industriels sans les exigences en capital élevées des usines de production. Cette approche améliore les sources de revenus, réduit les risques opérationnels et accroît la flexibilité sur le marché. Charbone reste la seule société purement axée sur l’hydrogène vert cotée en bourse en Amérique du Nord, avec des actions cotées à la Bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Turkish President Recep Tayyip Erdoğan reportedly called for the destruction of Israel during Eid al-Fitr prayers at the Çamlıca Mosque in Istanbul on Sunday.

The Jerusalem Post reported that Erdoğan said ‘May Allah, for the sake of his name ‘Al-Qahhar,’ destroy and devastate Zionist Israel.’ His call for the annihilation of the Jewish state has drawn fierce condemnation, particularly from Israeli officials.

In response to his remarks, Israeli Foreign Minister Gideon Sa’ar stated on X, ‘The dictator Erdogan revealed his antisemitic face,’ adding that ‘Erdogan is dangerous to the region, as well as to his own people, as has been proven in recent days,’ Sa’ar referred to the widespread protests in Turkey and added, ‘Let’s hope NATO members understand how dangerous he is, and not before it’s too late.’ 

Following his comments, Turkey’s foreign ministry issued a statement that read, in part, ‘We categorically reject the outrageous statement made by the Foreign Minister of the Netanyahu government.

‘These disrespectful and baseless allegations are part of an effort to cover up the crimes committed by Netanyahu and his associates,’ adding, ‘We will continue to stand by the innocent civilians targeted by Israel and to defend their rights.’

In a social media post, Israel’s foreign ministry demanded clarity on whether Erdoğan denies his antisemitic views, emphasizing the president’s problematic actions both domestically and internationally. 

‘What bothered the Turkish Foreign Ministry? Here’s a way to clarify the dictator’s words: Clearly state that Erdogan is not an antisemite, that he is not an obsessive hater of the Jewish state.’ 

The post underscores the growing concern over Erdoğan’s intentions toward Israel.

The tensions between Turkey and Israel go beyond Erdoğan’s support for Hamas, although that remains a central issue. Hamas, which carried out the brutal massacre of more than 1,200 Israelis on October 7, 2023, has long had Turkish backing. Erdoğan’s refusal to denounce Hamas, describing them as a legitimate political party, has angered Israel and much of the international community.

The diplomatic relationship between Turkey and the U.S. has also been under scrutiny. While Turkey’s domestic actions, like cracking down on political opponents, including the arrest of Istanbul’s mayor Ekrem İmamoglu, have sparked unprecedented protests, U.S. officials are attempting to stabilize relations. On March 26, Secretary of State Marco Rubio met with Turkish Foreign Minister Hakan Fidan, discussing Turkey’s potential support for a Russia-Ukraine ceasefire and other geopolitical issues, despite recent internal turmoil.

‘Turkey’s strongman Recep Tayyip Erdogan is facing the worst domestic political crisis of his career. The streets are flooded now with protesters who are outraged over the arrest of opposition leader Ekrem Imamoglu, restrictions on the internet, and other authoritarian maneuvers,’ Jonathan Schanzer, executive director of the Foundation for Defense of Democracies, told Fox News Digital.

‘To deflect, Erdogan has engaged in blistering rhetoric against Israel. This comes amidst Erdoğan’s unflinching financial and political support for Hamas since the October 7 war erupted, not to mention Erdoğan’s support for the al-Qaeda government in Syria, which also poses a threat to Israel,’ Schanzer said.

The tensions between Turkey and Israel are not limited to Hamas support. Erdoğan’s actions in Syria, where Turkey has backed Hayat Tahrir al-Sham, who overthrew the Assad regime and gained control over parts of the country, have further strained relations with Israel, leading to growing concerns over Ankara’s role in fostering instability on Israel’s borders.

Before Erdoğan’s most recent threats against Israel, Trump administration officials had indicated that they may lift restrictions on defense contracts with Turkey, including the potential reinstatement of Turkey’s F-35 program participation. This comes after a phone call between Presidents Trump and Erdoğan on March 21, which may pave the way for a change in policy that could potentially allow the sale of the F-35s to Ankara.

As a NATO member, Turkey plays a pivotal role in the alliance’s security framework. 

This post appeared first on FOX NEWS

The Taliban’s supreme leader said Sunday there is ‘no need’ for Western laws in Afghanistan, noting that democracy is dead as long as sharia laws are in place.

Hibatullah Akhundzada was speaking during a sermon marking Eid al-Fitr, an Islamic holiday, at the Eidgah Mosque in the southern city of Kandahar.

‘There is no need for laws that originate from the West. We will create our own laws,’ Akhundzada said as he emphasized the importance for Islamic laws, according to audio of his message that was published on X by the Taliban government’s chief spokesman Zabihullah Mujahid.

The Taliban’s interpretation of sharia has resulted in restrictions for Afghan women and girls, who have been denied an education, working roles in many job fields and from appearing in most public spaces.

These laws have isolated the Taliban in the international community, but they have still been able to establish diplomatic ties with some countries, including China and the United Arab Emirates.

Akhundzada has taken a stronger approach on policy since the Taliban seized control of Afghanistan in 2021 during the chaotic withdrawal of U.S. and NATO troops from the region, despite some officials initially promising a more moderate government.

The terror group’s supreme leader criticized the West in his remarks on Sunday by saying non-believers were unified against Muslims and that the U.S. and other countries were united in their hostility toward Islam, pointing to the Israel-Hamas war in Gaza.

Akhundzada said democracy had come to an end in Afghanistan and sharia was in effect. He also argued that supporters of democracy were attempting to separate the people from the Taliban government.

The Taliban have no credible opposition inside or outside the country, although some senior figures within the government have criticized the leadership’s decision-making process and concentration of power in Akhundzada’s circle.

Some Taliban members want greater engagement on the world stage and to eliminate harsher policies to attract more support from outsiders.

In recent months, there has been increased engagement between the Taliban and the U.S. under President Donald Trump, mostly due to prisoner exchanges and releases.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

NEWYou can now listen to Fox News articles!

In response to an executive order, President Donald Trump’s team will present him with a plan for creating the Golden Dome, a missile defense shield meant to guard against attacks that are increasingly difficult to defeat. This effort will demand innovative thinking, collective will and rapid action.   

Since my tenure as director of the Missile Defense Agency in the early 2000s, an integrated network of sensors based in space, land and sea paired with ground-based interceptors has effectively deterred rudimentary missile attacks on our homeland from Iran, North Korea and others. But as they continue to improve their capabilities and as we look at a resurgent Russia and aggressive China, we need to build our next-generation missile defense. 

The window to defeat ballistic missiles heading to targets in the US is less than 40 minutes and can be as brief as 10 or 15 minutes if launched from a submarine closer to its target. Being able to intercept a substantial number of warheads in-flight provides significant deterrence to an attacker, thereby saving millions of lives and the infrastructure of the U.S. 

Our existing missile-defense system cannot easily defeat some of our adversaries’ more modern, sophisticated weapons. Neutralizing these threats will require a move away from the status quo and the development of the Golden Dome, a next-generation missile-defense shield.  

The Golden Dome initiative builds on past projects, including President Ronald Reagan’s Strategic Defense Initiative and Brilliant Pebbles, which proposed deploying lightweight spacecraft to intercept and destroy Soviet missiles. Technical and financial constraints led to the demise of these early efforts.  

With current technology, including advancements in Artificial Intelligence, satellite manufacturing and peer-to-peer networking, it is now feasible to deploy a space-based, missile-defense layer — one that is capable of tracking and intercepting ballistic missiles in their boost/ascent and mid-course trajectories. That would fill a critical gap in our current Missile Defense System, destroying ballistic missiles earlier, and preventing catastrophic loss of life.   

We can do this — and we must.     

Imagine a constellation of thousands of satellites communicating with each other via a robust space peer-to-peer communications network. Each satellite has the knowledge of every other satellite, and they all serve as both threat sensors and hit-to-kill interceptors. In fact, the networking concept has already proven its effectiveness on the battlefield in Ukraine. 

Soon after Russia’s invasion, the Ukrainian army devised a system based on Uber’s peer-to-peer ridesharing network. Their software, dubbed GIS Arta, uses an algorithm to determine which artillery or missile units are best positioned to respond to each threat. A constellation of satellites can operate on this same principle, allowing the most effective satellites in the constellation to swarm on an incoming missile and become hit-to-kill vehicles. 

We’ve known that a system akin to this has been necessary for many years, but the technology has only recently made it so that implementation of a lower earth orbit swarming intercept system was within our reach.  

My colleagues and I at Booz Allen began briefing policymakers on the practical implementation of such a system last summer and stepped up our cadence of conversations after the election. We were gratified to see the concept included as a policy priority in the days immediately after Trump was inaugurated. 

It is important to understand that no shield or system can defeat every missile launched by our adversaries. However, the capability and capacity now exists to defeat single and multiple missile launches, thereby creating strategic deterrence — or ‘peace through strength,’ in the words of both Reagan and Trump. We must force our adversaries to account for the possibility of a successful defense and subsequent retaliatory strike. 

Constructing a constellation of satellites like this requires substantial investment, but it offers a commensurate reward at a lower total cost than current systems. Estimates suggest that we can create and deploy a constellation of up to 2,000 linked satellite interceptors at roughly the same or lower cost as the price tag for developing and deploying one element of today’s system — the 44 ground-based interceptors currently installed in Alaska and California and the associated global radars.  

SpaceX’s Starlink alone has an estimated 7,000 small satellites currently in low-earth orbit and serves as a potential model for deployment. For a defense system charged with safeguarding countless lives and trillions of dollars in assets, this would be money well spent. 

Golden Dome will require collaboration among many companies and bold new partnerships. The Department of Defense must act quickly to appoint a lead agency for the effort, preferably one that has actually deployed integrated missile defense systems and shot down an uncooperative space satellite in the past, such as the Missile Defense Agency.  

The quicker Congress expedites the confirmation of appointees to senior defense positions to lead this effort, the better. And Congress will need to fully fund the Golden Dome vision. 

We cannot allow unnecessary bureaucratic hurdles to stifle our progress. We need to break down traditional silos around technical requirements, acquisition processes, and budget authority, placing them under one team empowered to make swift decisions to drive development and fielding. 

The Golden Dome project represents the best of American ingenuity and an ambitious, extraordinary opportunity to fortify our standing as the premier military force across — and above — the globe. We must do whatever it takes to cast this protective net over our homeland.  

With China’s continued advances in AI capabilities, they are almost certainly thinking about how these recent innovations can be deployed to defend their mainland. Just as in the global competition among nations to be the first to develop Artificial General Intelligence, being the first to deploy a truly effective national missile defense system ensures a nation’s pre-eminence while the rest of the world races to catch up. Golden Dome must be built first; the alternative is too terrible to contemplate. 

This post appeared first on FOX NEWS

Greenland’s prime minister said Sunday that the U.S. ‘will not get’ the resource-rich island in the Atlantic.

President Donald Trump wants to annex the self-governing territory of Denmark, a NATO ally of the United States, claiming it is needed for national security purposes.

‘President Trump says that the United States ‘will get Greenland.’ Let me be clear: The United States will not get it. We do not belong to anyone else. We decide our own future,’ Jens-Frederik Nielsen said in a Facebook post.

Vice President JD Vance, second lady Usha Vance, National Security Advisor Mike Waltz and Utah Republican Sen. Mike Lee visited Pituffik Space Base, the Department of Defense’s northernmost military installation, in Greenland on Friday. 

In a Saturday interview with NBC, Trump said that military force wasn’t off the table in regards to acquiring Greenland, according to the Associated Press.

‘I think there’s a good possibility that we could do it without military force,’ Trump said. ‘This is world peace, this is international security,’ he said, but added: ‘I don’t take anything off the table.’

Although the Danish territory has said it is seeking independence from Copenhagen but isn’t interested in becoming part of the U.S., Trump has repeatedly floated, dating back to his first administration, a desire to secure Greenland for the U.S. as Russian and Chinese presence grows in the Arctic. 

Polls have shown that nearly all Greenlanders oppose becoming part of the United States. Anti-American protesters, some wearing ‘Make America Go Away’ caps and holding ‘Yankees Go Home’ banners, have staged some of the largest demonstrations ever seen in Greenland.

Fox News Digital’s Michael Dorgan, Diana Stancy and The Associated Press and Reuters contributed to this report. 

This post appeared first on FOX NEWS

French politician Marine Le Pen and eight other members of her right-wing party were found guilty of embezzling public funds on Monday, and she herself was barred from running for public office.

The French court did not immediately announce how long Le Penn will be ineligible for office, and she stormed out of the courtroom before he finished reading her sentence. She is a top candidate to run for president in 2027, and Le Pen has said that prohibiting her from running in that election would be ‘political death.’

Le Pen has argued that such a sentence would also effectively disenfranchise her voters. She came in second place to French President Emmanuel Macron in both the 2017 and 2022 elections, and her National Rally party has grown massively in support in recent years.

‘There are 11 million people who voted for the movement I represent. So tomorrow, potentially, millions and millions of French people would see themselves deprived of their candidate in the election,’ Le Pen told the court prior to her sentencing.

The facts of her case relate to the spending of funds from the European Parliament to support aspects of the National Rally party. Prosecutors established in court that EU parliament funds were used to pay Le Pen’s bodyguard as well as her personal assistant. The other defendants were convicted of similar uses of the funding.

Prosecutors requested a 2-year prison sentence as well as a 5-year period of political ineligibility for Le Pen.

Le Pen said she felt they were ‘only interested’ in preventing her from running for president.

Le Pen and other right-wing figures have risen in Europe thanks in large part to a surge in anti-mass immigration sentiment.

Her court ruling comes as Macron has struggled to come to grips with President Donald Trump’s return in the U.S., leading to conflict between Europe and the U.S. over economic policies and the defense of Ukraine.

Last week, the Trump administration touted its negotiations with Ukraine and Russia and said both nations had agreed to ‘eliminate the use of force’ in the Black Sea – but the Kremlin later confirmed this was only contingent on the removal of international economic restrictions.

‘Russia shall have no right of say regarding the support we are providing and will provide Ukraine, nor shall they set the conditions,’ Macron reportedly said in response.

Macron also shot down Trump’s call for Europe to consider ending sanctions on Moscow.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Friday (March 28) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$83,780.06, a 3.7 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$83,609.35 and a high of US$85,503.88.

Bitcoin performance, March 28, 2025.

Chart via TradingView.

Deribit’s US$16 billion Bitcoin options expiry on Friday had US$75,000 max pain, down from the projected US$85,000, and a 0.58 put/call ratio. There was a high amount of call option open interest at the US$100,000 strike price.

Bitcoin’s subsequent decline indicates post-expiry market adjustments.

Ethereum (ETH) is priced at US$1,875.25, a 6.4 percent decrease over 24 hours. The cryptocurrency reached an intraday low of US$1,866.54 and a high of US$1,900.19.

Altcoin price update

  • Solana (SOL) is currently valued at US$129.44, down 6.9 percent over the past 24 hours. SOL experienced a low of US$129.17 and a high of US$131.56 on Friday.
  • XRP is trading at US$2.18, reflecting a 6.9 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.16 and a high of US$2.22.
  • Sui (SUI) is priced at US$2.49, showing a 9.7 percent decrease over the past 24 hours. It achieved a daily low of US$2.49 and a high of US$2.56.
  • Cardano (ADA) is trading at US$0.6961, reflecting a 5.2 percent decrease over the past 24 hours. Its lowest price on Friday was US$0.66925, with a high of US$0.7031.

Crypto news to know

SEC onboards Musk’s DOGE team members

Reuters reported that the US Securities and Exchange Commission (SEC) has begun onboarding members from Elon Musk’s Department of Government Efficiency (DOGE) team.

“Our intent will be to partner with the DOGE representatives and cooperate with their request following normal processes for ethics requirements, IT security or system training, and establishing their need to know before granting access to restricted systems and data,” said an email to SEC staff, according to Reuters.

Atkins questioned at Senate confirmation hearing

SEC nominee Paul Atkins testified before the Senate Banking Committee on Thursday (March 27).

During the hearing, he was questioned by Senate lawmakers regarding the sale of his consulting firm, Patomak Global Partners, which advised bankrupt cryptocurrency exchange FTX.

“Your clients pay you north of US$1,200 an hour for advice on how to influence regulators like the SEC, and if you’re confirmed, you will be in a prime spot to deliver for all those clients who’ve been paying you millions of dollars for years,” said Senator Elizabeth Warren during the hearing. She also requested that he disclose the firms potential buyers, whom she suggested may “buying access to the future chair of the SEC.’

Atkins said he will abide by the process of government ethics, but did not directly answer Warren’s question.

Senator John Kennedy also grilled Atkins about whether he will pursue the parents of FTX founder Sam Bankman-Fried, who Kennedy alleges may have been involved in and profited from his business affairs. Kennedy said if his position with the SEC is confirmed, he would “pounce on you like a ninja” to investigate the matter further.

UAE set to launch Digital Dirham CBDC

The United Arab Emirates is moving forward with its central bank digital currency (CBDC) plans, announcing that the Digital Dirham will be launched for retail use by the last quarter of 2025, the Khaleej Times reported.

The Central Bank of the United Arab Emirates has developed an integrated Digital Dirham platform that will support retail, wholesale and cross-border transactions.

The CBDC will be accessible through licensed financial institutions, including banks, fintech firms and exchange houses, and will be accepted alongside physical cash across all payment channels.

This initiative follows the United Arab Emirates’ efforts to regulate stablecoins and aligns with global trends, as countries like China, Russia and Sweden also push forward with CBDC pilot programs.

The United Arab Emirates’ Digital Dirham is expected to enhance financial security, streamline transactions and provide regulatory oversight beyond what private stablecoins can offer.

UK regulator plans to enforce stricter crypto authorization regime

The UK’s Financial Conduct Authority (FCA) announced that it will introduce a new authorization framework for crypto firms in 2026, significantly increasing regulatory scrutiny in the sector.

Under the proposed ‘gateway regime,’ crypto companies, including major exchanges such as Coinbase and Gemini, will need to obtain authorization to operate beyond existing anti-money laundering (AML) requirements.

The FCA has been tightening its oversight, with only 50 out of 368 applicants successfully registering under its AML framework since 2020. Upcoming consultations will define which crypto activities require authorization, with a focus on stablecoins, trading platforms and staking services.

Industry participants have just over a year to prepare for these stricter compliance measures, which are expected to reshape the regulatory landscape for digital assets in the UK.

BlackRock expands Bitcoin ETP to Europe

BlackRock has launched its iShares Bitcoin exchange-traded product (ETP) in Europe, making it available on major exchanges like Xetra, Euronext Amsterdam and Euronext Paris.

This expansion is a significant milestone for institutional Bitcoin adoption in the region, following the success of BlackRock’s US-based iShares Bitcoin Trust ETF, which has accumulated over US$49 billion in assets.

However, analysts believe that demand for the European ETP will be more muted, citing differences in market structure, investor appetite and regulatory clarity.

While Bitcoin exchange-traded funds (ETFs) in the US have benefited from deep institutional participation, the European market is still developing. Experts suggest that BlackRock’s entry into Europe could encourage further institutional involvement, but widespread adoption may take time as regulatory frameworks evolve.

Nasdaq files to list Grayscale’s spot Avalanche ETF

Nasdaq is seeking permission from the SEC to list Grayscale Investments’ spot Avalanche ETF. The proposed AVAX ETF would be a conversion of Grayscale Investments’ close-ended AVAX fund launched in August 2024, which currently holds around US$1.76 million worth of assets under management.

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

This week brought a fresh set of challenges to the tech sector, beginning with an announcement from the US Bureau of Industry and Security on Tuesday (March 25) of new export restrictions targeting 80 companies across Asia and the Middle East, impacting some of Big Tech’s key customers.

Consumer confidence weakened, further dampening market sentiment.

This was evidenced by the release of the Conference Board’s Consumer Confidence Index report on Tuesday, and the University of Michigan’s consumer sentiment survey, released on Friday (March 28).

Also on Friday, the latest US personal consumption expenditures price index data showed underlying inflation rising by 0.4 percent, renewing concerns over stagflation.

Combined, the latest data weighed on equities, and tech stocks led a broad market selloff on March 28 (Friday).

NVIDIA (NASDAQ:NVDA) ended the week 8.52 percent lower from its opening price on Monday (March 24), Meta Platforms (NASDAQ:META) logged losses of 6.22 percent and Microsoft (NASDAQ:MSFT) declined by 4.2 percent.

Meanwhile, Apple’s (NASDAQ:AAPL) share price pulled back by a modest 1.41 percent for the week.

Tesla (NASDAQ:TSLA) saw its price stage a bit of a recovery, ending the week 2.12 percent above Monday’s opening price, while other automotive companies like Ford Motor (NYSE:F) and General Motors (NYSE:GM) nursed losses following US President Donald Trump’s implementation of a 25 percent tariff on all auto imports.

Here’s a look at other key events that made tech headlines this week.

1. BYD shares Q4 results, Tesla sentiment improves

BYD (OTC Pink:BYDDF,SZSE:002594), China’s top car brand, reported its fourth quarter results on Monday, with net profits totaling 15 billion yuan (US$2.1 billion), a 73.1 percent increase compared to the previous year, and revenue growth of 52.7 percent to 274.85 billion yuan (US$37.89 billion) for the same period.

Looking ahead, BYD expects to ship up to 5.5 million vehicles in 2025.

The company also said this week that 500 of the approximately 4,000 super-fast charging stations needed to support its electric vehicle (EV) infrastructure in China will be ready by April.

These projections from BYD come as rival EV maker Tesla staged a partial comeback this week after suffering a roughly 25 percent decline in its share price earlier this month.

Investor sentiment may have been lifted by analysis from CFRA Research analyst Garrett Nelson, who said Tesla is the “least exposed” to Trump’s sweeping 25 percent automobile tariffs, announced on Wednesday (March 26).

According to Nelson, Tesla, which builds its cars in the US, stands to benefit from a projected reduction in consumer choices coupled with an increase in the prices of foreign-made vehicles.

“There are very few winners,” Sam Fiorani, vice president of global vehicle forecasting for AutoForecast Solutions, said in an interview with Bloomberg. “Consumers will be losers because they will have reduced choice and higher prices.”

Analysts are projecting that Trump’s auto tariffs could severely impact the economy.

“I think yesterday’s [tariff announcement on automobiles] is a bigger deal than the market is making it out to be,’ Ajay Rajadhyaksha, global chairman of research at Barclays, told CNBC on Thursday (March 27). ‘I think it reduces the risk that April 2 is something that markets can dismiss,’ he added. ‘I think we will be negatively surprised.’

2. Big Tech companies make AI advances

This week also saw significant advancements in artificial intelligence (AI) image generation and reasoning with the introduction of enhanced product offerings from some of Big Tech’s most prominent players.

OpenAI released 4o Image Generation to replace DALL-E 3 as the default image generation model for ChatGPT.

According to the company, the model can generate more realistic images than older image-generating models, as well as create lengthy, detailed, and precise text strings within images.

Meanwhile, Microsoft unveiled ‘deep reasoning agents’ for 365 Copilot, powered by OpenAI’s o1 and o3-mini models, featuring ‘agent flow’ for enhanced reliability. Elsewhere, Google’s (NASDAQ:GOOGL) DeepMind introduced Gemini 2.5 Pro, which it claims has superior reasoning capabilities over older iterations and competing models

3. CoreWeave downsizes IPO

CoreWeave’s initial public offering (IPO) journey concluded on Friday, following significant market scrutiny.

The company initially filed for a New York IPO on March 3, targeting a US$4 billion raise and a valuation exceeding US$35 billion. Its filings revealed US$1.9 billion in 2024 revenue but also substantial debt and escalating net losses, reaching US$863 million. This expansion was fueled by US$14.5 billion in debt and equity financing.

On March 20, CoreWeave announced the launch of its IPO, registering 49 million Class A shares with a projected price range of US$47 to US$55. The company was aiming to raise up to US$2.7 billion in an offering led by Morgan Stanley (NYSE:MS), JPMorgan (NYSE:JPM) and Goldman Sachs (NYSE:GS), with 11 other advisers participating. Analysts at CNBC projected the deal would value CoreWeave at US$26.5 billion, although that figure could go as high as US$32 billion.

However, the company opted to decrease the size and price of its IPO, setting levels at US$40 per share for 37,500,000 shares, resulting in a valuation of approximately US$23 billion.

CoreWeave’s lower IPO was due to a confluence of factors that dampened investor enthusiasm, including market conditions and financial concerns. A confidential investor survey reported by the Information found that 90 percent of respondents do not consider CoreWeave a favorable long-term investment.

“One respondent summed up a broader perception about CoreWeave: ‘It’s radioactive, and I think every investor knows that,’” market analyst Cory Weinberg wrote.

4. OpenAI revenue and funding rumors circulate

It was a big week for OpenAI, marked by reports on its expansion and projected financial growth.

According to a Wednesday report from the Information, OpenAI is exploring the construction of its first data center, which would be located in Texas near the Stargate data center site.

Concurrently, Bloomberg cited an anonymous source projecting OpenAI’s revenue to potentially triple to US$12.7 billion this year and reach $29.4 billion in 2026, driven by its paid software plans. Additionally, reports surfaced of a record-breaking funding round worth US$40 billion led by Stargate co-contributor SoftBank Group (TSE:9984). The deal is reportedly near completion and would double OpenAI’s valuation, bringing it near US$300 billion.

These developments emphasize OpenAI’s position as a dominant force in the AI landscape

5. Microsoft reportedly cuts data center plans

Shares of Microsoft closed down on Wednesday after an analyst note from TD Cowen alleged that the tech conglomerate had abandoned plans for new data centers in the US and Europe, citing potential oversupply.

According to Bloomberg, Google and Meta have taken over some of the affected leases, although neither company has responded publicly to the note. In a statement from Microsoft obtained by the publication, the company said “significant investments” have left it “well positioned to meet our current and increasing customer demand.”

“While we may strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,” the spokesperson said. “This allows us to invest and allocate resources to growth areas for our future.”

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

This post appeared first on investingnews.com

NEWYou can now listen to Fox News articles!

As we learn the full melodrama of the so-called Signal ‘scandal’ of inviting left-wing, Trump-despising, Atlantic editor Jeffrey Goldberg onto a supposedly secure conference list involving top Trump security officials, lots of questions need asking and answering.

Most importantly, who had Goldberg’s private number and inserted it, ostensibly by mistake, into the cleared list of participants in the discussions? Why would any top Trump officials or their staffers ever even have Goldberg’s contact information, given his quite public record of: a) fabricating stories with unnamed sources, and b) suffering from a decade of chronic Trump derangement syndrome?

Questions for Goldberg: Did he know the mechanisms that had prompted and continued his stealthy presence in the secure discussions? Why did citizen Goldberg not simply come clean as soon as he realized he was mistakenly included in key national security conference communications, to which he did not belong, and thus should be obviously excluded immediately? Why did he instead stealthily listen in for nearly two weeks? Was the idea of informing his hosts of his own improper presence too morally old-fashioned?

Questions for posterity: Did Goldberg’s publicizing these discreet discussions really affect the otherwise completely successful mission to neutralize years of appeased Houthis’ aggression and begin to end their veritable destruction of Red Sea international maritime commerce? How did this blunder rank with prior diplomatic and military screw-ups, like Secretary of State Dean Acheson’s January 1950 Press Club speech de facto excluding South Korea from the American defense umbrella—an omission that may have contributed to the June 1950 North Korean invasion of the South? Was it comparable to Ambassador to Iraq April Glaspie’s assurance to Saddam Hussein that, ‘We have no opinion on your Arab-Arab conflicts, such as your dispute with Kuwait’— which may have prompted his 1990 invasion of Kuwait?

Was it comparable to President Obama’s March 2012 ‘hot mic’ assurance to then-Russian President Dmitry Medvedev that he would have ‘flexibility’ on American-Eastern European missile defense after his last election? Both kept their promises: Obama foolishly dismantled American-sponsored Eastern European plans for missile defense, and Russia postponed its pre-planned invasion of Ukraine until 2014. 

Did it rank with former Chairman of the Joint Chiefs Gen. Mark Milley secretly contacting his Chinese communist counterpart, Chinese Gen. Li Zuocheng, to tell him he would give the People’s Liberation Army leader a heads-up if he determined President Donald Trump was likely to trigger an existential war?

And just look who is weighing in. There was Hillary Clinton, despite her illegal use of a private server to transmit classified State Department information and her subsequent destruction of subpoenaed communication devices.

There was serial fabulist Susan Rice, who in 2012 flat-out lied to the nation on five Sunday news shows, claiming preposterously that the terrorist attacks on the American consulate in Benghazi were ‘spontaneous’ demonstrations incited by anger over an anti-Muslim video. Ditto Rice’s fallacious Sgt. Bowe Bergdahl ‘honor’ narrative and her lie about the removal of Syrian weapons of mass destruction.

And why would Leon Panetta weigh in, when he was one of the supposed 51 intelligence authorities in 2020 who ridiculously claimed Hunter Biden’s FBI-authenticated laptop had all the hallmarks of a Russian intelligence disinformation effort? That lie was designed to arm Joe Biden before the last 2020 debate, and it may well have affected the election.

In the end, this was a blunder, but also what the Left likes to call a ‘teachable moment. All future similar conferences should be either held in person or participants must be triple-checked on a secure line. And perhaps most importantly, all Trump high appointees and their staffers should know enough to have nothing to do with those who wake up each morning wishing to destroy them—and go to bed each night lamenting that they have not done enough to advance that destruction.

This column was adapted from Victor Davis Hanson’s post on X.

This post appeared first on FOX NEWS