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President Donald Trump’s historic precision strikes on Iran’s nuclear sites Saturday hit their targets and ‘destroyed’ and ‘badly damaged’ the facilities’ critical infrastructure — an assessment agreed upon by Iran’s Foreign Ministry, Israel and the United States.

‘Our nuclear installations have been badly damaged, that’s for sure,’ Iran’s Foreign Ministry spokesman Ismail Baghaei told Al Jazeera.

Israel’s Defense Forces Chief of Staff Lt. Gen. Eyal Zamir said its assessment is that Iran’s nuclear program has been ‘significantly damaged,’ while Israel’s Atomic Energy Commission described the U.S. strikes as ‘devastating.’

‘The devastating U.S. strike on Fordo destroyed the site’s critical infrastructure and rendered the enrichment facility inoperable,’ Israel’s Atomic Energy Commission said. ‘We assess that the American strikes on Iran’s nuclear facilities, combined with Israeli strikes on other elements of Iran’s military nuclear program, has set back Iran’s ability to develop nuclear weapons by many years.’

It added: ‘The achievement can continue indefinitely if Iran does not get access to nuclear material.’

And as for the United States, Chairman of the Joint Chiefs of Staff Dan ‘Razin’ Caine said that initial battle damage assessments indicate that ‘all three sites sustained extremely severe damage and destruction.’

‘More than 125 U.S. aircraft participated in this mission, including B-2 stealth bombers, multiple flights of fourth and fifth generation fighters, dozens and dozens of air refueling tankers, a guided missile submarine, and a full array of intelligence, surveillance, and reconnaissance aircraft, as well as hundreds of maintenance and operational professionals,’ Caine said in a press briefing. 

And Defense Secretary Pete Hegseth said that ‘given the 30,000 pounds of explosions and the capability of those munitions, it was devastation underneath Fordow.’

‘Any assessment that tells you otherwise is speculating with other motives,’ Hegseth said.

The agreement on the assessment of damage between the United States, Israel and Iran comes amid a report that cited leaked low-confidence intelligence from one intelligence agency that suggested the U.S. strikes did not destroy Iran’s nuclear sites.

A Defense Intelligence Agency source told Fox News that the ‘low confidence’ assessment was based on just ‘one day’s worth of intelligence reporting.’ 

More intelligence has been gathered in the days since through other sources and methods, according to the source.

‘This is a preliminary, low-confidence report and will continue to be refined as additional intelligence becomes available,’ the Defense Intelligence Agency said. ‘We are working with the appropriate authorities to investigate the unauthorized disclosure of classified information.’

And Secretary of State Marco Rubio blasted the report and said that Iran’s nuclear program ‘today looks nothing like it did just a week ago.’

‘That story is a false story, and it’s one that really shouldn’t be re-reported because it doesn’t accurately reflect what’s happening,’ Rubio said. ‘Everything underneath that mountain is in bad shape.’

Rubio also added that ‘there is no way Iran comes to the table if somehow nothing had happened.’

‘This was complete and total obliteration. They are in bad shape,’ Rubio said. ‘They are way behind today compared to where they were just seven days ago because of what President Trump did.’

Even the International Atomic Energy Agency’s Director General Rafael Mariano Grossi assessed that ‘very significant damage is expected to have occurred.’

‘At the Esfahan nuclear site, additional buildings were hit, with the US confirming their use of cruise missiles,’ he said, according to prepared remarks for the International Atomic Energy Agency.  

‘Affected buildings include some related to the uranium conversion process,’ he said. ‘Also at this site, entrances to tunnels used for the storage of enriched material appear to have been hit. At the Natanz enrichment site, the Fuel Enrichment Plant was hit, with the U.S. confirming that it used ground-penetrating munitions.’

Meanwhile, Trump has been in the Netherlands at the NATO Summit, where he was met with praise from allies on his ‘decisive’ action in Iran.

NATO Secretary General Mark Rutte praised Trump as a ‘man of strength’ and a ‘man of peace’ during Wednesday’s summit. 

‘I just want to recognize your decisive action on Iran,’ Rutte said at the start of his joint remarks with the president. ‘You are a man of strength, but you are also a man of peace. And the fact that you are now also successful in getting this ceasefire done between Israel and Iran — I really want to commend you for that. I think this is important for the whole world.’

The president on Wednesday declared that the United States would strike Iran again if the country attempts to rebuild its nuclear program.


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Sen. Bernie Moreno, R-Ohio, wants President Donald Trump to win the Nobel Peace Prize.

The lawmaker is introducing a resolution Wednesday that declares the U.S. Senate ‘calls on the Norwegian Nobel Committee to award President Donald John Trump the 2025 Nobel Peace Prize,’ ‘urges all peace-loving nations to join in that call’ and ‘expresses its deepest appreciation to President Trump for bringing an end both to the nuclear program of Iran and hostilities related thereto in only 12 days.’

President Barack Obama was awarded the prize in 2009, less than one year after taking office.

‘Obama won the Nobel, then he killed hundreds of civilians and did nothing to stop Forever Wars,’ Moreno declared in a post on X. ‘Now President Trump did what neocons said couldn’t be done—destroying Iran’s nuclear facilities & securing a ceasefire. It’s time to formally nominate him.’

Rep. Earl ‘Buddy’ Carter, R-Ga., who is running for U.S. Senate, also nominated Trump for the award this week.

Iran strike ‘worthy’ of Nobel Prize if successful: Former Democratic counsel

In a nomination letter, the congressman said he was nominating Trump ‘in recognition of his extraordinary and historic role in brokering an end to the armed conflict between Israel and Iran and preventing the world’s largest state sponsor of terrorism from obtaining the most lethal weapon on the planet.’

‘His leadership at this moment exemplifies the very ideals that the Nobel Peace Prize seeks to recognize: the pursuit of peace, the prevention of war, and the advancement of international harmony,’ Carter’s letter declared.

Fox News’ Tyler Olson contributed to this report


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Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), (‘Blue Sky’ or the ‘Company’) announces that it has closed a second tranche of the private placement through the issuance of 6,828,300 units of the Company (each, a ‘Unit‘) at a price of $0.06 per Unit for aggregate gross proceeds of $409,698 (the ‘Offering‘). To date the Company has issued 27,361,633 Units for aggregate gross proceeds of $1,641,698.

Each Unit consists of one common share and one transferrable common share purchase warrant (a ‘Warrant‘). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.075 per share for three (3) years from the date of issue, expiring June 26, 2028.

The Company intends to use the proceeds of the Offering for general working capital.

Finder’s fees of $4,108.86 are payable in cash on a portion of the private placement to parties at arm’s length to the Company. In addition, 68,481 non-transferable finder’s warrants are being issued (the ‘Finder’sWarrants‘). Each Finder’s Warrant entitles a finder to purchase one common share at a price of $0.06 per share for three (3) years from the date of issue, expiring on June 26, 2028.

Certain insiders of the Company participated in the Private Placement for $96,000 in Units. Such participation represents a related-party transaction under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘), but the transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the subject matter of the transaction, nor the consideration paid, exceed 25% of the Company’s market capitalization.

This Offering is subject to regulatory approval and all securities to be issued pursuant to the Offering in this second tranche are subject to a four-month hold period under applicable Canadian securities laws expiring on October 26, 2025. The proceeds of the Offering will be used for general working capital.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘) or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company’s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company’s recently optioned Corcovo project has potential to host an in-situ recovery (‘ISR‘) uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

‘Nikolaos Cacos’
______________________________________
Nikolaos Cacos, President, CEO and Director

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.

Source

Click here to connect with Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) to receive an Investor Presentation

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Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (‘Fortune’ or the ‘Company’) ( www.fortuneminerals.com ) reports that the nominees listed in the management information circular for the 2025 Annual Meeting of Shareholders held on June 24, 2025 (the ‘Meeting’) were elected as directors of Fortune. Detailed results of the vote based on proxies received are set out below:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Robin E. Goad

121,187,661

94.69%

6,795,181

5.31%

Glen Koropchuk

125,590,337

98.13%

2,392,505

1.87%

John McVey

125,976,887

98.43%

2,005,955

1.57%

Mahendra Naik

125,118,511

97.76%

2,864,331

2.24%

David Ramsay

124,067,037

96.94%

3,915,805

3.06%

Edward Yurkowski

125,695,077

98.21%

2,287,765

1.79%

Shareholders also approved the re-appointment of McGovern Hurley LLP as the auditor of Fortune. The presentation made at the Annual Meeting is available on the Company’s website.

About Fortune Minerals:
Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper critical minerals project in the NWT and Alberta. Fortune also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 km north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator.

Follow Fortune Minerals:
Click here to subscribe to Fortune’s email list.

Click here to follow Fortune on LinkedIn.

@FortuneMineral on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250625199390/en/

For further information please contact:
Fortune Minerals Limited  
Troy Nazarewicz
Investor Relations Manager
info@fortuneminerals.com
Tel: (519) 858-8188
www.fortuneminerals.com

News Provided by Business Wire via QuoteMedia

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The Trump White House is waiving executive privilege for key former Biden administration aides who have been summoned by Republicans on the House Oversight Committee.

Chair James Comer, R-Ky., is probing the alleged cover-up of former President Joe Biden’s mental decline. 

Letters obtained by Fox News Digital via a source familiar with the matter show the Trump administration will not allow the people of interest in Comer’s probe to use their past White House work as a legal shield.

Deputy Counsel to the President Gary Lawkowski sent the letters to former Biden Chief of Staff Ron Klain, former senior advisors Anita Dunn, Steve Ricchetti, Mike Donilon, Annie Tomasini, Bruce Reed and Ashley Williams, and Anthony Bernal, former advisor to former first lady Jill Biden.

‘In light of the unique and extraordinary nature of the matters under investigation, President Trump has determined that an assertion of executive privilege is not in the national interest, and therefore is not justified, with respect to particular subjects within the purview of the House Oversight Committee,’ the letters said.

‘Those subjects include your assessment of former President Biden’s fitness for the office of the President and your knowledge of who exercised executive powers during his administration.’

Both congressional Republicans and the White House are investigating whether those senior Biden aides played any role in keeping concerns about the elderly former president’s mental acuity shielded from the public eye and even from lower-level White House staff.

It is not clear if any of the aforementioned former Biden aides planned to claim executive privilege in communications with the committee, but it is not unheard of for a new administration to waive it for investigations involving its predecessor.

The Biden administration waived executive privilege for records sought by the now-defunct House select committee on the Jan. 6 Capitol attack in 2021.

The Biden White House also rejected executive privilege claims made by Peter Navarro and Michael Flynn in that panel’s investigation. However, the latest movement in Comer’s probe comes after he and committee staff held their first closed-door interview with one of Biden’s former aides.

Neera Tanden appeared on Capitol Hill for an hourslong sworn deposition Tuesday. As it had for others, the Trump White House waived any claim to executive privilege for Tanden’s sitdown.

She told reporters afterward that there was ‘absolutely not’ any effort by senior aides to disguise Biden’s mental state.

‘I answered every question, was pleased to discuss my public service, and it was a thorough process, and I’m glad I answered everyone’s question,’ Tanden also said.

A source familiar with the matter told Fox News Digital that Tanden testified she had minimal interaction with Biden in her role as staff secretary.

‘To obtain approval for autopen signatures, she would send decision memos to members of the President’s inner circle. She stated that she was not aware of what actions or approvals occurred between the time she sent the memo and the time she received it back with approval,’ the source said.

Bernal is set to sit down with Comer and investigators for his own testimony on Thursday.


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The headlines may proclaim a ceasefire, but let us be clear: the Israeli-Iranian war is far from over. What we are witnessing is not peace—it is a tactical intermission. The guns may be momentarily silent, but the war remains alive in motive, method, and mindset.

Don’t be fooled. Israel-Iran ceasefire represents tactical intermission, not lasting peace

President Donald Trump’s June 23 announcement of a ‘complete and total ceasefire’ between Israel and Iran brought a welcome pause to twelve days of deadly escalation. Yet his own remarks in the hours that followed, including en route to the NATO summit, betrayed the precarious nature of that agreement—and the volatility of the players involved.

Just before boarding Air Force One, Trump issued a pointed public rebuke: ‘Calm down, Israel!’ He warned Prime Minister Benajamin Netanyahu that any strike against Iran after the ceasefire’s effective hour would constitute a violation. His words reflected not only diplomatic urgency but the fragility of the arrangement he had just announced.

Trump

And yet, within hours, both Iran and Israel reportedly launched limited retaliatory actions. Trump, visibly frustrated, criticized both sides for breaking faith: ‘They don’t know what the f*** they’re doing.’ He added: ‘I gotta get Israel to calm down now,’ underscoring the degree to which U.S. pressure—not mutual trust—was the linchpin of the ceasefire’s early survival.

Therein lies the truth: the war has not ended. It has simply shifted forms.

Is the war between Israel and Iran over? Only if we define ‘war’ in the narrowest kinetic terms. But if we understand war as a clash of wills, ideologies, and strategic aims—then this war continues, just under a different banner.

There is no treaty, no verification regime, and no mutual recognition of legitimacy between the two states. Iran continues to deny Israel’s right to exist, and Israel views Iran’s nuclear program—and its regional proxy network—as existential threats. A formal cessation of hostilities requires more than silence; it requires resolution. We are nowhere near that.

To understand why this war is not over, consider the strategic objectives of each side. Israel’s campaign was aimed at degrading Iran’s nuclear infrastructure—particularly the underground enrichment site at Fordow. While successful in the short term, it did not eliminate Iran’s scientific knowledge or ideological commitment to nuclear capability. Tehran still possesses the technical talent, the raw materials, and—most dangerously—the motivation to rebuild and accelerate its weapons program.

IAEA director: Iran

Iran’s retaliatory missile strikes on Israel and U.S. bases in Qatar and Iraq—though largely intercepted—served as symbolic warnings. More importantly, Tehran signaled that it retains the capacity to strike deep into the region. That message wasn’t just for Tel Aviv—it was for Washington, Riyadh, and the world.

Behind the scenes, the shadow war continues. Iran’s Islamic Revolutionary Guard Corps still arms Hezbollah in Lebanon, trains militias in Iraq and Syria, and directs proxy warfare through the Houthis in Yemen. Israeli airstrikes on Damascus and other locations in Syria persist, albeit in a lower-key fashion. Cyber operations, drone surveillance, and intelligence targeting remain on full alert. These are not post-war conditions. These are indicators of an unresolved and evolving conflict.

NATO is

Even the diplomacy surrounding the ceasefire reflects its fragility. The agreement was brokered through indirect channels, with no official joint communiqué, no UN endorsement, and no follow-on roadmap. Iran has not re-engaged with the International Atomic Energy Agency. Israel, understandably, maintains its right to strike again if necessary. The rhetoric has cooled, but the posture remains hardened.

And then there is the political reality. Leaders in both countries face domestic constituencies who are skeptical of compromise. Hardliners in Tehran see the ceasefire as a pause to reload, not a step toward reconciliation. In Jerusalem, the Israeli public broadly supports preemptive action against a nuclear-armed adversary. Neither side has the political incentive—nor the strategic trust—to walk away from confrontation.

So, is the war over? Only if we define ‘war’ in the narrowest kinetic terms. But if we understand war as a clash of wills, ideologies, and strategic aims—then this war continues, just under a different banner.

The international community must not confuse this quiet with peace. Rather, it must prepare for what comes next: a sustained period of covert confrontation, regional volatility, and the ever-present risk of open warfare returning with little warning. Diplomats must act urgently, not naively. Military leaders must remain on alert. And political leaders—especially in Washington—must resist the temptation to declare victory before the conflict is truly resolved.

Trump’s visible exasperation and his blunt warnings serve as a reminder: this ceasefire is no more secure than the tempers and tactics of the adversaries it binds. The Israeli-Iranian war is not over. It has simply entered its next, and perhaps most perilous, phase.


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An Israeli assessment determined that the U.S. strikes on Iran set the country’s nuclear program back ‘many years.’ 

The Israel Atomic Energy Commission said that the U.S. destroyed ‘critical infrastructure’ at the Fordow nuclear facility and rendered it ‘inoperable.’

‘The devastating U.S. strike on Fordow destroyed the site’s critical infrastructure and rendered the enrichment facility inoperable. We assess that the American strikes on Iran’s nuclear facilities, combined with Israeli strikes on other elements of Iran’s military nuclear program, have set back Iran’s ability to develop nuclear weapons by many years,’ the Israel Atomic Energy Commission said in a statement. ‘The achievement can continue indefinitely if Iran does not get access to nuclear material.’

The Israeli assessment seemingly aligns with the Iranian Foreign Ministry spokesperson Esmail Baghaei’s statement on the status of the site. According to The Associated Press, Baghaei said that the country’s ‘nuclear installations have been badly damaged, that’s for sure.’

In the early hours of June 22 local time, Iran’s Fordow, Natanz and Isfahan nuclear facilities were hit. U.S. B-2 stealth bombers used 30,000-pound bunker busters on Fordow, which was Iran’s main underground enrichment site. 

Israel hit the site again on Monday as the country carried out strikes on roads leading to the underground facility.

The latest strike on Fordow comes as the Israel Defense Forces said Israel also launched a series of strikes targeting the notorious Evin prison and several Iranian military command centers in an ‘ongoing effort to degrade the Iranian regime’s military capabilities.’

Iran’s nuclear chief, Mohammad Eslami, said on Tuesday that the country was assessing the damage and preparing to restore the facilities, according to Reuters. He added that Iran’s ‘plan is to prevent interruptions in the process of production and services.’ 

Both President Donald Trump and Israeli Prime Minister Benjamin Netanyahu vowed to respond if Iran rebuilds its nuclear program.

Fox News Digital’s Stephen Sorace contributed to this report.


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Ukrainian President Volodymyr Zelenskyy thanked President Donald Trump after they had a talk Wednesday at the NATO summit in the Netherlands — months after Vice President JD Vance called out Zelenskyy for not voicing more gratitude for U.S. support for Kyiv as it battles Moscow. 

When Zelenskyy visited the White House in February he sparred openly with Trump and Vance in the Oval Office over engaging in diplomacy with Russia to end the conflict, prompting Vance to ask the Ukrainian leader if he’d ‘said thank you once this entire meeting.’

But on Wednesday Zelenskyy made sure to thank Trump and the U.S. in a post on X following their meeting in The Hague. 

‘We covered all the truly important issues. I thank Mr. President, I thank the United States. We discussed how to achieve a ceasefire and a real peace,’ Zelenskyy said in a post on X on Wednesday. ‘We spoke about how to protect our people. We appreciate the attention and the readiness to help bring peace closer. Details will follow.’

Trump, Vance and Zelenskyy’s infamous Oval Office meeting in February started after Zelenskyy challenged Vance’s statements that diplomacy was the correct avenue to end the conflict. Zelenskyy questioned the value of diplomacy, noting that Russian President Vladimir Putin has broken other agreements in the past.

‘What kind of diplomacy, JD, you are speaking about?’ Zelenskyy said. ‘What do you mean?’

Vance said, ‘I’m talking about the kind of diplomacy that’s going to end the destruction of your country.’

‘Mr. President, with respect, I think it’s disrespectful for you to come into the Oval Office to try to litigate this in front of the American media,’ Vance said. ‘Right now, you guys are going around and forcing conscripts to the front lines because you have manpower problems. You should be thanking the president for bringing it, to bring it into this country.’

Following the tense exchange, Trump announced a halt to peace negotiations and said that Zelenskyy could return to the White House when he was ‘ready’ for peace. Just after leaving the White House, Zelenskyy issued a post on X thanking the U.S., Trump, Congress and the American people for backing Ukraine. 

Although Zelenskyy and Trump continued to exchange harsh barbs at one another following the Oval Office visit, they’ve subsequently spoken over the phone and met in person at St. Peter’s Basilica in Vatican City during Pope Francis’ April funeral. 

Meanwhile, Trump said Wednesday that his administration has not been able to finalize a peace deal with Ukraine and Russia, claiming that both leaders have been more challenging to work with than expected. 

‘Vladimir Putin has been more difficult,’ Trump told reporters Wednesday. ‘Frankly, I had some problems with Zelenskyy. You may have read about him, and it’s been more difficult than other wars.’ 

Still, Trump said that his meeting with Zelenskyy went smoothly, and that he would be speaking to Putin as well. 

‘He’s very nice, actually,’ Trump said of Zelenskyy. ‘A little rough at times. He couldn’t have been nicer. I think he’d like to see an end to this.’ 


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Here’s a quick recap of the crypto landscape for Monday (June 23) as of 9:00 p.m. UTC.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$102,876, an increase of 4.2 percent in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$100,177 and a high of US$103,154 as the market opened.

Bitcoin price performance, June 23, 2025.

Bitcoin price performance, June 23, 2025.

Chart via TradingView.

Crypto markets are bracing for continued short-term volatility, heavily influenced by macro conditions and geopolitical developments, particularly the US-Iran situation. Traders are warning of a potential drop to US$95,000, with some even anticipating US$92,000, as only 3 percent of newer Bitcoin investors are currently profitable.

Despite immediate concerns, analysts remain constructive on Bitcoin’s long-term resilience. Growing structural demand from public entities is solidifying Bitcoin’s role as a strategic reserve. Longer-term metrics suggest 2025 could be the last bullish leg of this cycle, potentially driving Bitcoin prices north of US$200,000.

Over the weekend, Bitcoin fell below the US$100,000 mark for the first time since May following US President Donald Trump’s announcement that the US had bombed three of Iran’s main nuclear facilities.

The airstrikes, which reportedly targeted Fordow, Natanz, and Isfahan, heightened investor risk aversion, triggering over US$1 billion in liquidations across crypto markets. Derivatives data from Coinglass shows that US$915 million of long positions and US$109 million worth of shorts were wiped out.

Ethereum (ETH) closed at US$2,308.07, a 6 percent increase over the past 24 hours. Its lowest valuation on Monday was US$2,206.39, and its highest valuation was US$2,312.59, minutes before the closing bell.

Altcoin price update

  • Solana (SOL) was priced at US$139, up 8.1 percent over 24 hours and its highest valuation for Monday. SOL experienced a low of US$131.53 during the day.
  • XRP also reached its highest daily valuation at the closing bell. It traded at US$2.05 as markets wrapped, up by 5 percent in 24 hours. The cryptocurrency’s lowest valuation was US$1.97.
  • Sui (SUI) is trading at US$2.61, showing an increaseof 11.7 percent over the past 24 hours. Its lowest valuation was US$2.42, and it reached its highest valuation at the closing bell.
  • Cardano (ADA) is priced at US$0.5527, up 5.7 percent in 24 hours to its highest value. Its lowest valuation on Monday was US$0.5315.

Today’s crypto news to know

Pompliano launches US$1 billion Bitcoin treasury firm

Crypto investor Anthony Pompliano has unveiled a new Bitcoin treasury company, ProCap Financial, via a merger with Columbus Circle Capital I, a special purpose acquisition company.

The venture will hold up to US$1 billion in Bitcoin, and aims to follow in the footsteps of Michael Saylor’s Strategy (NASDAQ:MSTR), a software firm turned crypto juggernaut.

ProCap has already raised US$500 million in equity and secured a US$250 million convertible note in what Pompliano has called the largest-ever raise for a treasury-focused crypto firm.

Unlike traditional holdings strategies, ProCap intends to actively generate revenue from its Bitcoin through lending, derivatives and financial services.

Metaplanet buys US$117 million worth of Bitcoin

Tokyo-based Metaplanet (TSE:3350,OTCQX:MTPLF) has added 1,111 BTC to its reserves, spending roughly US$117 million during a weekend dip sparked by US-Iran tensions.

The firm purchased the Bitcoin at an average price of US$105,681 per coin, increasing its total holdings to 11,111 BTC valued at over US$1.1 billion. Metaplanet has embraced a bold Bitcoin-first treasury approach, positioning itself as Asia’s Strategy equivalent in the corporate crypto playbook.

OKX considers US IPO

Cryptocurrency exchange OKX is reportedly considering an initial public offering (IPO) in the US, according to an interview the Information conducted with an executive from the firm on Sunday (June 22).

“We will absolutely consider an IPO in the future,” Haider Rafique, chief marketing officer, told the outlet, without providing a potential launch date. “If we go public, it would likely be in the U.S.”

The exchange resumed operations in the US in April after the US Department of Justice found that it had actively pursued US customers without the required license. OKX pleaded guilty to one count of operating an unlicensed money transmitting business in February and agreed to pay over US$500 million in penalties.

Sequans plans Bitcoin treasury raise

Sequans Communications (NYSE:SQNS), an IoT semiconductor developer, is planning a US$384 million capital raise for a strategic Bitcoin treasury. This move is one of the latest in a growing trend of companies using Bitcoin as a reserve asset, which crypto analyst Adam Back has dubbed the “new ALT SZN for speculators.’

The company issued a press release announcing the endeavor on Monday.

The raise includes US$195 million in equity and US$189 million in convertible debentures. The company is also partnering with Swan Bitcoin for its Bitcoin treasury management. CEO Georges Karam said this reflects “strong conviction in bitcoin as a premier asset and a compelling long-term investment.”

Fiserv to roll out Stablecoin platform for 3,000 US banks

Payments giant Fiserv (NYSE:FISV) is entering the stablecoin market with FIUSD, a new digital dollar offering aimed at thousands of main street banks. The platform will allow Fiserv’s banking clients — estimated at 3,000 institutions — to launch their own branded stablecoins or integrate FIUSD into their operations.

Built on top of Fiserv’s existing payments infrastructure, the platform will be interoperable with major blockchains and other stablecoins, including Circle’s (NYSE:CRCL) USDC and Paxos.

The platform is set to go live by the end of the year.

Canaan completes US pilot production, exits AI business

In a statement sent to Cointelegraph on Monday morning, a representative from Canaan (NASDAQ:CAN), a tech firm primarily known for designing and producing application-specific integrated circuits (ASICs) for Bitcoin mining, said it “has successfully completed a pilot production run in the US.” Canaan also announced the discontinuation of its artificial intelligence semiconductor business in what it said is “a strategic realignment aimed at sharpening its focus.”

“I believe that doubling down on our core strengths in crypto infrastructure and Bitcoin mining is the most strategic path forward for Canaan,” said Nangeng Zhang, chairman and CEO of Canaan.

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

NevGold (TSXV:NAU,OTCQX:NAUFF,FSE:5E50) is advancing a portfolio of high-quality oxide and porphyry gold projects in Nevada and Idaho, targeting the discovery and growth of a multi-million-ounce gold-equivalent resource. With a market capitalization of under C$50 million, the company offers substantial upside potential. As NevGold continues to expand resources and de-risk its assets, it is well-positioned for a meaningful valuation re-rating over the next 12 to 18 months.

NevGold is actively advancing three projects with fully funded drill programs, metallurgical studies, and resource updates following its recent capital raise. The company is well-positioned to capitalize on rising gold and copper prices, surging strategic demand for antimony, and heightened interest from major mining companies seeking high-quality, undervalued juniors. Backed by a proven team with deep expertise in mine development and M&A, NevGold offers a compelling growth opportunity in the current commodity cycle.

Map highlighting NevGold

The Limo Butte Project is NevGold’s cornerstone development asset, located in eastern Nevada within a highly prospective Carlin-style gold district.

Company Highlights

  • Multi-million-ounce Target: NevGold is on track to define 5+ Moz gold equivalent in combined resources at Limo Butte and Nutmeg Mountain by Q4 2025.
  • Gold+Antimony Critical Metals Advantage: Limo Butte is emerging as a significant near-surface oxide gold-antimony system – one of only two of its kind in the United States.
  • Substantial Resource Base: Nutmeg Mountain contains a 2023 NI 43-101 compliant oxide gold resource of 1.28 Moz (indicated + inferred), with strong exploration upside and favorable heap-leach characteristics.
  • District-scale Copper Exposure: Zeus offers early-stage copper-gold-molybdenum potential in a highly active porphyry belt, adjacent to a Barrick-backed discovery.
  • Strategic Location, Strategic Commodities: All projects are located in mining-friendly jurisdictions with excellent infrastructure, low geopolitical risk, and growing US demand for domestic gold and critical mineral supply.
  • Fully Funded Growth: Recent C$6 million financing supports 2025 drill campaigns, metallurgical testwork, and updated NI 43-101 estimates across the portfolio.
  • Tight Capital Structure & Strong Support: Backed by strategic shareholders including GoldMining and McEwen Mining.
  • Significant Valuation Gap: Trading at a fraction of peers such as Perpetua Resources (~C$1.7 billion), despite similar resource and jurisdictional advantages.

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