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Vice President JD Vance spoke out against Sen. Mitch McConnell’s, R-Ky., vote against confirming Elbridge Colby to serve as undersecretary of defense for policy.

‘Mitch’s vote today—like so much of the last few years of his career—is one of the great acts of political pettiness I’ve ever seen,’ Vance declared in a post on X.

Colby was confirmed in a 54-45 vote on Tuesday. McConnell was the only Senate Republican to vote against confirmation, while three Democrats voted in Colby’s favor.

President Donald Trump announced Colby as his pick for the Pentagon post when he was the president-elect.

‘Elbridge Colby’s long public record suggests a willingness to discount the complexity of the challenges facing America, the critical value of our allies and partners, and the urgent need to invest in hard power to preserve American primacy,’ McConnell said in a statement.

‘The prioritization that Mr. Colby argues is fresh, new, and urgently needed is, in fact, a return to an Obama-era conception of a la carte geostrategy. Abandoning Ukraine and Europe and downplaying the Middle East to prioritize the Indo-Pacific is not a clever geopolitical chess move. It is geostrategic self-harm that emboldens our adversaries and drives wedges between America and our allies for them to exploit,’ the senator asserted.

McConnell has voted against multiple Trump nominees this year.

‘Mr. Colby’s confirmation leaves open the door for the less-polished standard-bearers of restraint and retrenchment at the Pentagon to do irreparable damage to the system of alliances and partnerships which serve as force multipliers to U.S. leadership. It encourages isolationist perversions of peace through strength to continue apace at the highest levels of Administration policymaking,’ McConnell said.

Vance spoke out in support of Colby last month at a Senate Armed Services Committee hearing on Colby’s nomination.

This post appeared first on FOX NEWS

President Donald Trump on Tuesday blasted some Republican members of Congress for trying to limit his presidential powers on instituting tariffs so that Congress could retake control.

Trump delivered a speech to the National Republican Congressional Committee, calling out ‘rebel’ Republicans while speaking about his trade policies.

‘And then I see some rebel Republican, some guy who wants to grandstand, say, ‘I think that Congress should take over negotiations.’ Let me tell you, you don’t negotiate like I negotiate,’ Trump said.

Rep. Don Bacon, R-Neb., is leading a bipartisan bill to block Trump from instituting tariffs and retake that power for Congress. Bacon told reporters earlier on Tuesday that he didn’t like ‘the thought of waging a trade war with the entire world.’ 

In the Senate, a bipartisan group led by Sens. Rand Paul, R-Ky., and Ron Wyden, D-Ore., is also introducing a resolution to repeal Trump’s global tariffs. 

Sens. Chuck Grassley, R-Iowa, and Maria Cantwell, D-Wash., have already introduced a bipartisan bill that would require the president to notify Congress about any new tariffs within 48 hours of imposition and require Congress to approve new tariffs within 60 days or allow them to expire.

Trump chewed out the Republicans over the proposed bills.

‘I just saw it today, a couple of your congressmen,’ Trump said before launching into an impression of a lawmaker. ”Sir, I think we should get involved in the negotiation of the tariffs.’ Oh, that’s what I need, I need some guy telling me how to negotiate.’

Trump said that should Congress take over tariff negotiations, China would be ‘the happiest people in the world.’

‘They wouldn’t be paying 104%,’ Trump said of China. ‘I’d say they’d be paying no percent — we’d be paying them 104%.’

Trump said that even the talk around Capitol Hill about limiting his tariff powers ‘hurts your negotiation,’ adding, ‘And then the fake news wants to build it up, and it has no chance anyway.’

‘We have to remain united as I defend workers from unfair trade,’ Trump said.

This post appeared first on FOX NEWS

House Republicans are divided over how to proceed on a massive piece of legislation aimed at advancing President Donald Trump’s agenda as a possible vote on the measure looms Wednesday afternoon.

The House Rules Committee, the final gatekeeper for legislation before a chamber-wide vote, is expected to consider the measure on Wednesday morning beginning at 8:45 a.m. ET.

Fiscal hawks are rebelling against GOP leaders over plans to pass the Senate’s version of a sweeping framework that sets the stage for a Trump policy overhaul on the border, energy, defense and taxes.

Their main concern has been the difference between the Senate and House’s required spending cuts, which conservatives want to offset the cost of the new policies and as an attempt to reduce the national deficit. The Senate’s plan calls for a minimum of $4 billion in cuts, while the House’s floor is much higher at $1.5 trillion.

Trump himself worked to sway critics twice on Tuesday – first with a smaller group of House GOP holdouts at the White House, then in a more public message during House Republicans’ campaign arm’s national fundraising dinner.

‘Close your eyes and get there. It’s a phenomenal bill. Stop grandstanding,’ the president said at the National Republican Congressional Committee (NRCC) event.

But it’s still unclear how many people that swayed.

‘The problem is, I think a lot of people don’t trust the Senate and what their intentions are, and that they’ll mislead the president and that we won’t get done what we need to get done,’ Rep. Rich McCormick, R-Ga., told reporters on Tuesday. ‘I’m a ‘no’ until we figure out how to get enough votes to pass it.’

McCormick said there were as many as 40 GOP lawmakers who were undecided or opposed to the measure.

A meeting with a select group of holdouts at the White House on Tuesday appeared to budge a few people, but many conservatives signaled they were largely unmoved.

‘I wouldn’t put it on the floor,’ Rep. Chip Roy, R-Texas, told reporters after the White House meeting. ‘I’ve got a bill in front of me, and it’s a budget, and that budget, in my opinion, will increase the deficit, and I didn’t come here to do that.’

Senate GOP leaders praised the bill as a victory for Trump’s agenda when it passed the upper chamber in the early hours of Saturday morning.

Trump urged all House Republicans to support it in a Truth Social post on Monday evening.

Meanwhile, House Republican leaders like Speaker Mike Johnson, R-La., have appealed to conservatives by arguing that passing the Senate version does not in any way impede the House from moving ahead with its steeper cuts.

The House passed its framework in late February.

Congressional Republicans are working on a massive piece of legislation that Trump has dubbed ‘one big, beautiful bill’ to advance his agenda on border security, defense, energy and taxes.

Such a measure is largely only possible via the budget reconciliation process. Traditionally used when one party controls all three branches of government, reconciliation lowers the Senate’s threshold for passage of certain fiscal measures from 60 votes to 51. As a result, it has been used to pass broad policy changes in one or two massive pieces of legislation.

Passing frameworks in the House and Senate, which largely only include numbers indicating increases or decreases in funding, allows each chamber’s committees to then craft policy in line with those numbers under their specific jurisdictions. 

Members of the conservative House Freedom Caucus have pushed for Johnson to allow the House GOP to simply begin crafting its bill without passing the Senate version, though both chambers will need to eventually pass identical bills to send to Trump’s desk.

‘Trump wants to reduce the interest rates. Trump wants to lower the deficits. The only way to accomplish those is to reduce spending. And $4 billion is not – that’s … anemic. That is really a joke,’ Rep. Eric Burlison, R-Mo., told reporters.

He said ‘there’s no way’ the legislation would pass the House this week.

The legislation could still get a House-wide vote late on Wednesday if the House Rules Committee advances the bill Wednesday morning.

As for the House speaker, he was optimistic returning from the White House meeting on Tuesday afternoon.

‘Great meeting. The president was very helpful and engaged, and we had a lot of members whose questions were answered,’ Johnson told reporters. ‘I think we’ll be moving forward this week.’

Fox News’ Ryan Schmelz and Aishah Hasnie contributed to this report.

This post appeared first on FOX NEWS

Biden administration State Department officials held private talks with Beijing counterparts about the Chinese spy balloon that intercepted U.S. airspace in 2023, and discussed the implications the balloon’s publicity would have on the relationship between the U.S. and China, according to Trump administration officials. 

U.S. officials identified the spy balloon infiltrating U.S. airspace on Jan. 28, 2023, and an Air Force fighter jet shot down the Chinese spy balloon off the coast of South Carolina Feb. 4, 2023, two days after the Pentagon issued a statement on the matter.  

Biden officials held discussions with Beijing Feb. 1, 2023, about the balloon, and discussed the impact disclosing the balloon to the public could have on the relationship with China, internal State Department documents show, two Trump administration officials told Fox News Digital.  

 

An internal State Department readout of the talks between Blinken and a top Chinese diplomat said Blinken stated that if the presence of the balloon were revealed publicly, it could have ‘profound implications for our relationship’ with China, particularly amid efforts to stabilize the bilateral relationship with Beijing, two Trump administration officials familiar with the documents told Fox News Digital. 

The readout said that the incident could also have complicated Blinken’s travel plans to China in early February 2023, if not quickly resolved. Blinken ultimately postponed the trip until June 2023. 

A former Biden administration official told Fox News Digital that the State Department summoned senior Chinese diplomat Zhu Haiquan Feb. 1, 2023, so that the U.S. could notify China to remove the balloon, and issue a warning that the U.S. could take action to eliminate the balloon. 

‘Former Secretary Blinken advocated strongly to tell the American people about China’s rogue balloon, which is exactly what happened,’ a spokesperson for the former secretary of state said in a Tuesday statement to Fox News Digital. ‘He has a long history of being tough on China while actually delivering results.’

Likewise, another senior State Department official also held private talks on Feb. 1, 2023, with Chinese counterparts. A readout from that discussion says that the official claimed the longer it took to mitigate the issuewould only increase the likelihood that news of the balloon would become public, posing greater challenges managing the situation, the Trump administration officials said. 

Ultimately, the Pentagon issued a statement Feb. 2, 2023, claiming that the U.S. government had detected a ‘high-altitude surveillance balloon.’ 

While then-White House Press Secretary Karine Jean-Pierre told reporters that Biden received a briefing on the balloon on Jan. 31, 2023, she did not provide details regarding why his administration didn’t issue a statement on the matter until Feb. 2, 2023. 

Secretary of State Marco Rubio, then a U.S. senator from Florida, repeatedly criticized the Biden administration for how it handled disclosing information to the public about the balloon — and how long it took the administration to shoot it down. 

Biden’s failure to address the situation sooner was the ‘beginning of dereliction of duty,’ Rubio said during an appearance on CNN with Jake Tapper. 

‘Why didn’t the president go on television?’ Rubio told Tapper. ‘He has the ability to convene the country in cameras and basically explain what we’re dealing with here.’ 

On Feb. 4, 2023, an Air Force F-22 Raptor fighter jet from Virginia’s Langley Air Force Base shot down the balloon off the coast of South Carolina with an AIM-9X Sidewinder missile. 

At the time, the Pentagon said that while the balloon was not a military or physical threat, its presence in U.S. airspace did violate U.S. sovereignty. The Pentagon also shut down China’s initial claims that the balloon was a weather balloon blown off course and labeled such statements false. 

‘This was a PRC surveillance balloon,’ a senior defense official told reporters at the time. ‘This surveillance balloon purposely traversed the United States and Canada, and we are confident it was seeking to monitor sensitive military sites.’

The Pentagon also said after shooting down the balloon that similar balloons from China transited continental U.S. airspace in at least three instances during Trump’s first administration. 

Additionally, Biden ‘gave his authorization to take down the Chinese surveillance balloon as soon as the mission could be accomplished without undue risk to us civilians under the balloon’s path,’ the senior defense official said, noting that there was concern debris could harm civilians. 

The Pentagon later said in June 2023 that it did not believe that the balloon gathered information as it traveled across the U.S.

Blinken is now a speaker with CAA Speakers, which represents high-profile celebrities.

A spokesperson for Biden did not immediately provide comment to Fox News Digital. 

This post appeared first on FOX NEWS

The market is in a tailspin as tariffs add volatility to the market. Carl and Erin believe the SPY is in a bear market given key indexes like the Nasdaq are already in bear markets. It’s time to consider where the key support levels are.

Carl addressed his thoughts of where key support lies on the SPY during our question section of the trading room. You’ll also get his insight on current market conditions with his review of the market indicators in general as well as a look at Yields, Bonds, Crude Oil, Bitcoin among others.

During the review he pointed out how the members of our 26 indexes, sectors and groups are faring from their recent highs. Many are in bear markets.

After his market analysis, Carl walked us through the Magnificent Seven which are currently all in bear markets with declines of more than 20% or more. He analyzed both the daily and the weekly charts to give us perspective and support levels.

Erin took the controls and gave us her view of sector rotation using the Price Momentum Oscillator (PMO) sort to bring the strong sectors to the top and the weaker sectors on the bottom. The results were not surprising.

Finally, the pair finished with a look at viewer symbol requests.

01:03 DP Signal Tables

05:05 Market Overview

18:55 Magnificent Seven

25:42 Questions (including Key Support Levels)

34:10 Sector Rotation

42:26 Symbol Requests


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Celsius Resources Limited (“Celsius” or “CLA”) (ASX, AIM: CLA) is pleased to announce that its Philippine affiliate, Makilala Mining Company, Inc. (“MMCI” or the “Company”), has received formal confirmation from the Philippine Department of Environment and Natural Resources (“DENR”) that it has satisfied the final financial compliance requirement under its Mineral Production Sharing Agreement for the Maalinao-Caigutan-Biyog Copper-Gold Project (“MCB” or the “Project”)1.

HIGHLIGHTS

  • The Philippine Department of Environment and Natural Resources (DENR has formally accepted the binding term sheet which outlines the key terms of a bridge loan facility between Maharlika Investment Corporation (MIC) and Makilala Mining Company, Inc. (MMCI) as sufficient proof of financial capability.
  • This confirmation marks MMCI’s full compliance with the remaining provisional requirements of the Mineral Production Sharing Agreement (MPSA) for the MCB Copper-Gold Project, locking the MPSA for a full 25 years, renewable for another 25.

This follows the DENR’s acceptance of the binding term sheet which outlines the key terms of a bridge loan facility of up to USD76.4 million, executed between MMCI and Maharlika Investment Corporation (“MIC”), a government-owned and controlled corporation, in February 20252 (“Binding Term Sheet”). The Binding Term Sheet was evaluated and endorsed by the Mines and Geosciences Bureau (“MGB”) which noted that:

  • The Binding Term Sheet provides a structured and credible financial mechanism for MMCI’s mining operations; and
  • The involvement of MIC significantly enhances MMCI’s financial standing and credibility, offering strong assurance of continued support.

MMCI is expected to submit all related and forthcoming financial documents to the DENR and MGB and to update its Three-Year Development/Utilisation Work Program accordingly, in line with the terms of the MPSA and DENR Administrative Order No. 2010-213.

Celsius Executive Chairman Atty. Julito R. Sarmiento, said:

“We are extremely pleased to have achieved this important regulatory milestone for the MCB Project. The acceptance of the Binding Term Sheet by the DENR and the MGB is not only a testament to MMCI’s commitment to responsible and well-funded development, but also reflects the strong support and credibility provided by our partnership with Maharlika Investment Corporation.

On behalf of CLA and MMCI’s management and staff, again, I would like to extend my heartfelt gratitude to MIC for their confidence and catalytic funding support to the Project, and to the DENR and MGB for their professionalism and guidance throughout the compliance process.

We remain committed to ensuring that the MCB project delivers lasting and sustainable economic benefits to our host communities, particularly in Balatoc, the Municipality of Pasil, and the Province of Kalinga, as well as meaningful contributions to national development, all while upholding environmental stewardship and shared prosperity.

Now that we have fulfilled our compliance with the conditions of the Mineral Production Sharing Agreement, we are in a strong position to proceed with mine development and construction. We remain steadfast on our commitment to sustainable development by balancing resource efficiency with environmental stewardship and social responsibility.”

MIC and MMCI will now proceed with signing the Omnibus Loan and Security Agreements (“Agreements”) reflecting the terms of the Binding Term Sheet signed with MIC in February 2025.

Click here for the full ASX Release

This post appeared first on investingnews.com

Christopher Aaron, founder of iGoldAdvisor and Elite Private Placements, discusses a key signal from the Dow-to-gold ratio, saying a multi-decade trend in favor of stocks has been broken.

This is only the fourth time this situation has played out in the last 125 years.

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

This post appeared first on investingnews.com

Stardust Power Inc. (NASDAQ: SDST) (‘Stardust Power’ or the ‘Company’), an American developer of battery-grade lithium products, is pleased to announce the appointment of Mr. Carlos Urquiaga as Senior Advisor, effective immediately. Mr. Urquiaga will report directly to the Founder and CEO, Roshan Pujari.

Mr. Urquiaga is a highly accomplished financier with over 30 years of experience in the metals and mining, energy, and infrastructure sectors, specializing in capital raising, structuring, and financial advisory services. His expertise spans complex financing transactions, including those in the electric vehicle battery materials supply chain. Throughout his career, he has successfully delivered more than $40 billion in financing and advisory transactions, playing a key role in some of the most significant deals in the industry.

Mr. Urquiaga’s distinguished career includes senior leadership roles at BNP Paribas, Citi and Appian Capital, where he was instrumental in executing high-value transactions, including financing for major projects such as Teck’s Quebrada Blanca Phase 2 project funding and Freeport’s Cerro Verde expansion. His work has earned numerous accolades, including ‘Deal of the Year’ awards for his role in financing and strategic advisory efforts.

As Senior Advisor at Stardust Power, Mr. Urquiaga will focus on guiding the Company through its critical next stages, particularly leading efforts to achieve Final Investment Decision (FID) and supporting the Company’s capital raising activities, both through debt and equity financing. He will also assist in advancing the Company’s strategic initiatives to scale its lithium production and capitalize on the increasing demand for battery-grade materials.

‘We are thrilled to welcome Carlos to Stardust Power,’ said Roshan Pujari, Founder and CEO of Stardust Power. ‘His expertise in structuring complex financing transactions and his deep understanding of the metals and mining sector, particularly in the EV battery supply chain, will be invaluable as we move forward. Carlos will play a crucial role in helping us in reaching FID, secure the necessary capital for growth, and position Stardust Power as a leader in the battery-grade lithium space. His experience in critical minerals and capital markets will be a tremendous asset as we continue to scale and execute our strategic objectives.’

‘The demand for battery-grade lithium is rapidly increasing, and Stardust Power is well-positioned to be a key player in this space. I look forward to working with Roshan and the wider team at Stardust Power to support the Company’s efforts in securing the capital and strategic partnerships necessary to drive its growth and deliver long-term value to shareholders,’ said Carlos Urquiaga.

About Stardust Power Inc.

Stardust Power is a developer of battery-grade lithium products designed to bolster America’s energy leadership by building resilient supply chains. Stardust Power is developing a strategically central lithium refinery in Muskogee, Oklahoma with the anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium. The Company is committed to sustainability at each point in the process. Stardust Power trades on the Nasdaq under the ticker symbol ‘SDST.’

For more information, visit www.stardust-power.com

Stardust Power Contacts

For Investors:

Johanna Gonzalez

investor.relations@stardust-power.com

For Media:

Michael Thompson

media@stardust-power.com

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release constitute ‘forward-looking statements.’ Such forward-looking statements are often identified by words such as ‘believe,’ ‘may,’ ‘will,’ ‘estimate,’ ‘continue,’ ‘anticipate,’ ‘intend,’ ‘expect,’ ‘should,’ ‘would,’ ‘plan,’ ‘predict,’ ‘forecasted,’ ‘projected,’ ‘potential,’ ‘seem,’ ‘future,’ ‘outlook,’ and similar expressions that predict or indicate future events or trends or otherwise indicate statements that are not of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements and factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability of Stardust Power to grow and manage growth profitably, maintain key relationships and retain its management and key employees; risks related to the uncertainty of the projected financial information with respect to Stardust Power; risks related to the price of Stardust Power’s securities, including volatility resulting from changes in the competitive and highly regulated industries in which Stardust Power plans to operate, variations in performance across competitors, changes in laws and regulations affecting Stardust Power’s business and changes in the combined capital structure; and risks related to the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities. The foregoing list of factors is not exhaustive.

Stockholders and prospective investors should carefully consider the foregoing factors and the other risks and uncertainties described in documents filed by Stardust Power from time to time with the SEC.

Stockholders and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which only speak as of the date made, are not a guarantee of future performance and are subject to a number of uncertainties, risks, assumptions and other factors, many of which are outside the control of Stardust Power. Stardust Power expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations of Stardust Power with respect thereto or any change in events, conditions or circumstances on which any statement is based.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/47f9eb4c-015e-4c10-bc65-e5d797175745

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

The availability of CWENCH Hydration in its ready-to-drink format at all 134 Metro locations in Ontario follows only three months after the initial launch of CWENCH’s Hydration Mix with Metro in its Ontario stores.

Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) ( the ‘Company’ or ‘Cizzle Brands’) , is pleased to announce that the ready-to-drink (‘RTD’) version of the four original flavours of CWENCH Hydration (Rainbow Swirl, Blue Raspberry, Cherry Lime, and Berry Crush) are now being carried in all 134 Metro supermarket locations in Ontario. This placement fortifies the presence of CWENCH Hydration in key Southern Ontario markets including the Greater Toronto Area, Ottawa, and London, as well as throughout Northern Ontario markets including Sudbury, North Bay, Sault Ste. Marie, and Thunder Bay.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250408602047/en/

The ready-to-drink format of CWENCH Hydration is now offered for sale in all 134 Metro locations in Ontario

CWENCH Hydration is the flagship offering of Cizzle Brands and was first launched in the North American market in late May of 2024. It has since been picked up by over 1,800 points of distribution around the world with double-digit growth across its top North American accounts as of March 2025, and was the primary driving force behind Cizzle Brands’ $5.64 million in net sales achieved during the first half of its 2025 fiscal year (as announced in the Company’s March 17, 2025 earnings press release).

METRO Inc. is a food and pharmacy leader in Quebec and Ontario, operating a network of 995 food stores (as of December 21, 2024) under several banners including Metro , Metro Plus , Super C , Food Basics , Adonis , and Première Moisson , and 640 pharmacies primarily under the Jean Coutu , Brunet , Metro Pharmacy , and Food Basics Pharmacy banners.

The launch of CWENCH Hydration in its RTD format in all Metro Ontario stores follows on from the launch of its Hydration Mix in 47 Metro Ontario stores in January as well as its launch of both RTD and Hydration Mix formats at over 100 stores in Quebec in March.

More information about METRO Inc. and its retail banners can be found on the METRO corporate website: https://corpo.metro.ca/en/home.html

Cizzle Brands’ Founder, Chairman, and Chief Executive Officer John Celenza commented, ‘Our business relationship with METRO Inc. is continuing to grow and drive value, and we are happy to share that the success of CWENCH Hydration in Ontario and Quebec has led to broader distribution across Metro banners in both provinces. More and more Canadians of all ages are seeking and asking for CWENCH by name, which means that having the product available across chains such as Metro is an important aspect of gaining market share in the sports drink category. Cizzle Brands is proud to be a supplier to METRO Inc., and we look forward to continuing to work together as part of the growth journey for CWENCH Hydration.’

Charles Buhagiar, Sr. Category Manager of OTC, Health and Wellness for METRO Inc. commented, ‘The Hydration Mix SKUs of CWENCH Hydration are now available in Metro Ontario grocery and pharmacy stores since being added to planograms at the beginning of this year. We are therefore pleased to continue stocking CWENCH Hydration Mix in addition to the brand’s ready-to-drink offerings in our Ontario stores, just in time for the spring and summer seasons when it is all the more important to have a healthy hydration option as well as supporting Canadian brands.’

About Cizzle Brands Corporation

Cizzle Brands Corporation is a sports nutrition company that is elevating the game in health and wellness. Through extensive collaboration and testing with leading athletes and trainers across several elite sports, Cizzle Brands has launched two leading product lines in the sports nutrition category: (i) CWENCH Hydration, a better-for-you sports drink that is now carried in over 1,800 stores in Canada, the United States, and Europe; and (ii) Spoken Nutrition, a premium brand of athlete-grade nutraceuticals that carry the prestigious NSF Certified for Sport® qualification. All Cizzle Brands products are designed to help people achieve their best in both competitive sports and in living a healthy, vibrant, active lifestyle.

For more information about Cizzle Brands, please visit: https://www.cizzlebrands.com/

For more information about CWENCH Hydration, please visit: https://www.cwenchhydration.com

On behalf of the Board of Directors of the Company,

Cizzle Brands Corporation

‘John Celenza’

John Celenza, Founder, Chairman, and Chief Executive Officer

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains ‘forward-looking information’ which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as ‘plans’, ‘expects’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’, or ‘believes’ or variations (including negative variations) of such words and phrases, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company.

Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250408602047/en/

For further information, please contact:

Setti Coscarella
Head of Corporate Development
investors@cizzlebrands.com
1-844-588-2088

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (April 7) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

At the time of this writing, Bitcoin (BTC) has displayed a slight recovery to US$78,142.37, down 1.8 percent in 24 hours. The day’s range has brought a low of US$75,822.10 and a high of US$80,818.20.

Bitcoin performance, April 7, 2025

Chart via TradingView

Within a 24-hour period, Bitcoin saw US$468.88 million worth of positions closed due to liquidations, based on data from Coinglass at the time of writing. Bloomberg strategist Mike McGlone suggested to Cointelegraph that Bitcoin’s price could potentially fall to US$10,000.

Ethereum (ETH) is priced at US$1,544.90, a 5 percent decline over the past 24 hours. The cryptocurrency reached an intraday low of US$1,486.10 and a high of US$1,608.86. Coinglass data shows liquidations totalling US$348.04 million in 24 hours.

Altcoin price update

  • Solana (SOL) is currently valued at US$105.93, down 1.9 percent over the past 24 hours. SOL experienced a low of US$101.06 and a high of US$110.64 on Monday.
  • XRP is trading at US$1.90, reflecting a 4.9 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$1.76 and a high of US$1.97.
  • Sui (SUI) is priced at US$2.01, showing an increaseof 3 percent over the past 24 hours. It achieved a daily low of US$1.83 and a high of US$2.04.
  • Cardano (ADA) is trading at US$0.5771, reflecting a 2.1 percent decrease over the past 24 hours. Its lowest price on Monday was US$0.5374, with a high of US$0.5926.

Crypto news to know

Mantra launches US$108 million ecosystem fund for RWA and DeFi projects

Mantra, a layer-1 (L1) blockchain built for tokenized real-world assets (RWAs), has launched the Mantra Ecosystem Fund (MEF), a US$108,888,888 ecosystem fund to accelerate the growth and adoption of projects and startups on its network.

According to a press release, MEF will find potential investments through Mantra’s large network of partners, which includes incubators, accelerators, and investment firms like Laser Digital, Shorooq, and others. This wide network will help the MEF discover high-quality projects globally.

Mantra CEO John Patrick Mullin told Cointelegraph that the fund will operate an “open-arms policy, welcoming projects at any developmental stage globally with a particular focus on RWA’s and DeFi.”

Pakistan enlists Changpeng Zhao as crypto advisor

Pakistan’s Crypto Council (PCC), a newly formed regulatory body overseeing the country’s adoption of blockchain technology and digital assets, has appointed former Binance CEO Changpeng Zhao (CZ) to act as a strategic advisor on matters such as regulation, infrastructure and adoption.

‘Pakistan is opening its doors to the future of finance,’ said PCC CEO Bilal Bin Saqib. ‘And who better to guide us on this journey than CZ — a pioneer who built the world’s largest crypto exchange and changed the way billions think about financial freedom.’

Last month, Saqib told Bloomberg that Pakistan intends to actively pursue international investment in the cryptocurrency sector. The country aims to capitalize on its young, tech-savvy population and its potential as a growing, cost-effective market.

CZ was also tapped to advise the Kyrgyz Republic on blockchain and crypto-related regulation on April 3.

Bitcoin hashrate reaches all-time high amidst price drop

As Bitcoin’s price plummets, its network has demonstrated a surge in computational power, with the hasrate establishing a new all-time high record. Data gathered from Glassnode by CoinDesk shows Bitcoin’s hashrate hit 1.025 zetahash per second (ZH/s) on April 4 (Friday) for the first time since its inception, exceeding the previous record set on January 31, 2025.

Bitcoin slides below US$75,000 as tariff chaos spooks markets

Bitcoin dropped over 5 percent on Monday (April 7) morning, briefly dipping below US$75,000 for the first time since Donald Trump’s re-election in November, as sweeping US tariffs and China’s retaliation triggered a market-wide selloff.

Ether plummeted over 10 percent to levels not seen since March 2023, while altcoins like XRP, Solana, and Cardano also posted heavy losses.

The total crypto market cap fell by 11 percent to US$2.5 trillion, wiping out nearly all gains made since Trump’s victory.

Traders had hoped a crypto-friendly administration would usher in tailwinds, but rising global tensions have proved overwhelming.

Analysts say the carnage could continue, with options markets flashing signs of sustained bearish pressure and over US$1.2 billion in long liquidations recorded in just 24 hours.

Strategy to log US$5.9B unrealized loss under new Bitcoin accounting rule

Michael Saylor’s Strategy (NASDAQ:MSTER) (formerly MicroStrategy) announced it will register an eye-watering US$5.9 billion unrealized loss in Q1 after adopting fair-value accounting for its Bitcoin reserves—a policy shift that reflects BTC’s steep price pullback this year.

The loss comes after a fresh buying spree in early 2025, which left the firm with roughly US$1 billion in paper losses on recent acquisitions alone.

Yet paradoxically, the company will also log a US$13 billion boost to retained earnings due to the new accounting standards, highlighting the volatile nature of being Wall Street’s leading BTC proxy.

Strategy’s stock tumbled as much as 14 percent Monday, raising new questions about whether Saylor’s “buy-and-hold forever” ethos can withstand institutional scrutiny in a more volatile macro climate.

Hong Kong greenlights staking for licensed crypto exchanges under strict new rules

In a major step toward institutionalizing crypto, Hong Kong’s Securities and Futures Commission (SFC) unveiled formal guidelines allowing licensed exchanges and funds to offer staking services, provided strict custodial and disclosure requirements are met.

Staking, crucial for securing Proof-of-Stake (PoS) networks and generating passive returns, had previously been a regulatory gray area in the city.

Under the new rules, exchanges must retain direct control of client assets, explicitly barring third-party delegation, and provide full transparency on risks, fees, and lock-up periods.

The move reflects Hong Kong’s ambition to rival other financial hubs and attract global digital asset firms amid the regulatory vacuum in jurisdictions like the US, where staking remains under scrutiny from the SEC.

South Korea’s US$890B pension fund to adopt blockchain for fund operations and oversight

South Korea’s National Pension Service (NPS), one of the world’s largest public pension funds, is moving to incorporate blockchain technology into its operational infrastructure, according to a recent Seoul Economic Daily report.

With over US$800 billion in assets under management, the NPS aims to use blockchain to improve tracking of transactions, client withdrawals, and investment flows, especially for foreign clients.

Though the fund is not directly investing in crypto, it has taken equity positions in firms like Coinbase and Strategy, signaling long-term confidence in the industry’s underlying technology.

The NPS initiative aligns with the nation’s growing retail enthusiasm for crypto—South Korea now boasts more than 16 million crypto investors, a surge that has accelerated since Trump’s 2024 electoral win sparked hopes of a more favorable global crypto environment.

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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