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Here’s a quick recap of the crypto landscape for Friday (February 13) as of 9:00 a.m. UTC.

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

Bitcoin (BTC) was priced at US$66,633.60, down 1.1 percent over the last 24 hours.

Bitcoin price performance, February 13, 2026.

Chart via TradingView

Ether (ETH) was priced at US$1,956.57, down by 0.7 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.37, down by 1.4 percent over 24 hours.
  • Solana (SOL) was trading at US$79.62, down by 1.8 percent over 24 hours.

Today’s crypto news to know

Coinbase posts US$667M Q4 loss

Coinbase Global (NASDAQ:COIN) reported a fourth-quarter net loss of US$667 million as falling crypto prices weighed on revenue and the value of its investment portfolio.

Revenue came in at US$1.78 billion, below analyst expectations, and marked a 22 percent decline from a year earlier.

The company attributed much of the loss to a US$718 million drop in portfolio value, largely unrealized, alongside weaker transaction activity. Shares slid ahead of the release and have fallen more than 55 percent over the past six months as crypto markets retreated.

Despite the surprise slide, CEO Brian Armstrong sought to reassure investors, saying the firm remains “deliberately well capitalized” with US$11.3 billion in cash and equivalents.

He added that retail customers are largely holding rather than selling, even as volatility persists.

Bitcoin ETFs lose US$410M

Spot Bitcoin exchange-traded funds saw US$410 million in outflows Thursday, extending a rocky stretch that has drained nearly US$1.5 billion over two weeks.

BlackRock’s (NYSE:BLK) IBIT led the pullback, followed by Fidelity and Grayscale products, as institutional investors recalibrated positions amid macro uncertainty.

Treasury chief pushes Clarity Act as crypto selloff deepens

U.S. Treasury Secretary Scott Bessent urged Congress to pass the Digital Asset Market Clarity Act this spring, arguing it would provide stability to markets rattled by volatility.

Speaking on CNBC and later before the Senate Banking Committee, Bessent said the bill would give “great comfort to the market” and warned that parts of the crypto industry are resisting what he called “very good regulation.”

“There seems to be a nihilist group in the industry who prefers no regulation over this very good regulation,” he told lawmakers, drawing support from Senator Mark Warner.

The legislation has stalled amid disputes over stablecoin yield, DeFi oversight, and token classifications, with critics including Coinbase Global (NASDAQ:COIN) CEO Brian Armstrong raising objections. Bessent cautioned that a bipartisan coalition backing the bill could fracture if Democrats retake the House in November.

Warner, meanwhile, stressed unresolved concerns around illicit finance and national security risks tied to decentralized finance.

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

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

This post appeared first on investingnews.com

Albemarle (NYSE:ALB) is raising its long-term lithium demand outlook after a breakout year for stationary energy storage, underscoring a shift in the battery materials market that is no longer driven solely by electric vehicles.

The US-based lithium major reported fourth quarter 2025 net sales of US$1.4 billion, up 16 percent year-over-year, with adjusted EBITDA rising 7 percent to US$269 million.

For the full year, Albemarle delivered US$5.1 billion in revenue and US$1.1 billion in adjusted EBITDA, results that CEO Kent Masters said were supported by “strong growth in energy storage and significant cost and productivity improvements.”

But the most consequential update came in the company’s demand outlook.

“We are seeing a diversification of lithium end markets, with stationary storage becoming an increasingly significant demand driver,” Masters told investors during a February 12 conference call, adding that Albemarle has increased its 2030 global lithium demand forecast by 10 percent to a range of 2.8 million to 3.6 million metric tons.

Storage steps into the spotlight

Global lithium demand reached 1.6 million metric tons in 2025, up more than 30 percent year-over-year and in line with Albemarle’s prior projections. Demand growth outpaced supply, tightening inventories and lifting prices into year-end.

For 2026, Albemarle now expects global lithium demand to rise to between 1.8 million and 2.2 million metric tons — growth of 15 to 40 percent — driven by both EV adoption and accelerating deployments of stationary energy storage systems (ESS).

While global EV sales climbed 21 percent in 2025, energy storage was the standout. ESS demand surged more than 80 percent year-over-year, with strong growth across China, North America and Europe.

China, which accounted for roughly 40 percent of ESS shipments, saw demand rise 60 percent. North American shipments jumped 90 percent, reflecting grid stability needs and rising electricity consumption linked to data centers and artificial intelligence. European shipments more than doubled as countries expanded renewables and sought greater energy security.

Demand outside the three major regions grew 120 percent and represented more than 20 percent of global ESS shipments, with Southeast Asia, the Middle East and Australia emerging as key growth markets.

The shift is already visible in Albemarle’s financials. In 2025, energy storage volumes reached 235,000 metric tons of lithium carbonate equivalent, up 14 percent year-over-year and above the high end of the company’s guidance range.

Fourth quarter energy storage net sales rose 23 percent from a year earlier, while segment EBITDA climbed 25 percent, supported by higher lithium pricing and cost improvements.

CFO Neal Sheorey said Albemarle’s updated 2026 scenarios reflect both pricing and operational gains.

Cost discipline, portfolio reset

After weathering a sharp downturn in lithium prices over the past two years, Albemarle has focused on strengthening its balance sheet and lowering its cost base.

In 2025, the company delivered approximately US$450 million in run-rate cost and productivity improvements and is targeting an additional US$100 million to US$150 million in 2026.

Albemarle also announced it will idle operations at its Kemerton lithium hydroxide plant in Western Australia, citing a structural cost gap between Western and Chinese conversion assets.

“There is a gap there between China and the West,” Masters said, pointing to higher labor, power and waste management costs in Australia. Idling the plant is expected to improve adjusted EBITDA beginning in the second quarter, with no impact on sales volumes.

At the same time, Albemarle is streamlining non-core assets.

The company closed the sale of its stake in the Eurocat joint venture in January and expects to complete the sale of a majority stake in its refining catalysts business in the first quarter. Together, the transactions are expected to generate approximately US$660 million in pre-tax proceeds.

“We are committed to maintaining our investment-grade credit profile,” Masters said, adding that deleveraging and disciplined capital allocation remain priorities.

Growth with limited new capital

Despite pulling back on large-scale capital spending, Albemarle expects to deliver a five-year compound annual growth rate of roughly 15 percent in energy storage sales volumes, building on a 25 percent CAGR over the past four years.

Incremental expansions at the Greenbushes mine in Australia, yield improvements at the Salar de Atacama in Chile and higher utilization at the Wodgina joint venture are expected to support growth with minimal additional capital.

Looking ahead, Masters said the company is better positioned to navigate lithium’s still-maturing cycle.

“We’ve been through two cycles since the advent of EVs,” he said, describing the market as early in its development from a commodity perspective.

With stationary storage now emerging as a second structural demand pillar alongside EVs, Albemarle’s revised outlook suggests the lithium market’s next phase will be shaped as much by grid resilience and energy security as by transportation electrification — broadening the base of demand for years to come.

Lithium prices rebound sharply in early 2026

Lithium prices have surged since the start of 2026, underscoring the market’s renewed volatility.

According to Fastmarkets, spot battery-grade lithium carbonate on the seaborne market climbed from about US$11 per kilogram in early December to more than US$16 per kilogram by early January, a jump of nearly 50 percent in a matter of weeks.

The rally has been driven by tightening supply, including delays to the reopening of CATL’s (SZSE:300750,HKEX:3750) Jianxiawo lepidolite mine and maintenance at other production facilities, alongside aggressive restocking tied to long-term contract negotiations.

Speculative buying has amplified the move, with bullish sentiment and geopolitical risk adding to momentum. At the same time, thin spot liquidity reflects a cautious market, as buyers and sellers hesitate to commit amid rapid price swings.

Spodumene prices have followed suit, rising above US$2,000 per metric ton in January, levels not seen since October 2023. The rebound has improved margins for Australian producers, many of whom curtailed output when prices fell below US$900 per metric ton. Sustained pricing at current levels could prompt a wave of mine restarts, potentially easing supply tightness later this year.

Still, Fastmarkets cautioned that prices may be running ahead of fundamentals.

“Lithium prices appear to have moved ahead of the fundamentals, propelled by speculative buying, bullish sentiment and a backdrop of heightened geopolitical risk,” wrote Paul Lusty. “The key takeaway is to brace for more volatility.”

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

This post appeared first on investingnews.com

TSX-V: WLR

Frankfurt: 6YL

 Walker Lane Resources Ltd. (TSXV: WLR,OTC:CMCXF) (Frankfurt: 6YL) (the ‘Company’) announces that the Company continues to work diligently toward the completion and filing of the Company’s annual audited financial statements and management’s discussion and analysis for the fiscal year ended September 30, 2025 (the ‘Required Filings’). The Company is actively working on various strategies that they expect will resolve the preparation of the Required Filings as quickly as possible.

The Required Filings are due to be filed by March 30, 2025. In connection with the anticipated delays in making the Required Filings, the Company made an application for a Management Cease Trade Order (‘MCTO‘) under NP 12-203 to the BC Securities Commission, as principal regulator for the Company, and the MCTO was issued on January 29, 2026. The MCTO restricts all trading by the Company’s CEO and CFO in securities of the Company, whether direct or indirect. The MCTO does not affect the ability of persons who are not directors, officers or insiders of the Company to trade their securities. The MCTO will remain in effect until the Required Filings are filed or until it is revoked or varied.

The Company expects to proceed with the filing of its interim first-quarter financial statements shortly after the Required Filings have been completed and submitted.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines described in NP 12-203 by issuing bi-weekly default status reports in the form of a news release until it meets the Required Filings requirement. The Company has not taken any steps towards any insolvency proceeding and the Company has no material information relating to its affairs that has not been generally disclosed.

About Walker Lane Resources Ltd.

Walker Lane Resources Ltd. is a growth-stage exploration company focused on the exploration of high-grade gold, silver and polymetallic deposits in the Walker Lane Gold Trend District in Nevada and the Rancheria Silver District in Yukon/B.C. and other property assets in Yukon. The Company intends to initiate an aggressive exploration program to advance its projects through drilling programs with the aim of achieving resource definition in the near future.

For more information, please consult the Company’s filings, available at www.sedarplus.ca.

ON BEHALF OF THE BOARD OF DIRECTORS

Kevin Brewer
President, CEO and Director
Walker Lane Resources Ltd.

Forward Looking Statements

This news release contains certain statements that constitute ‘forward looking information under Canadian securities laws (‘forward-looking statements’). The use of words such as ‘anticipates’, ‘expected’, ‘projected’, ‘pursuing’, ‘plans’ and similar expressions identify forward-looking statements. Forward-looking statements in this news release include statements regarding the application for the MCTO and the completion of the Required Filings and the timing thereof. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws. The reader is cautioned not to place undue reliance on forward-looking statements.

SOURCE Walker Lane Resources Ltd

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/13/c0056.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Rua Gold INC. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (‘Rua Gold’ or the ‘Company’) is pleased to announce that the Company will be uplisting to the Toronto Stock Exchange (the ‘TSX’). The common shares of the Company (the ‘Common Shares’) will be voluntarily delisted from the TSX Venture Exchange effective as of close of market on Friday, February 13, 2026, and will commence trading on the TSX effective at the opening of the market on Tuesday, February 17, 2026 under its current ticker symbol, ‘RUA’.

Robert Eckford, CEO of Rua Gold, commented: ‘Graduating to the TSX is a significant milestone for Rua Gold. The uplisting will enhance our visibility in the capital markets and enable us to continue to attract key institutional and retail investors as we continue to develop the Reefton Project and Glamorgan Project in New Zealand.’

Rua Gold will continue to remain a ‘reporting issuer’ under applicable Canadian securities laws, and the Common Shares will also remain listed on the OTCQB under the symbol ‘NZAUF’. Shareholders are not required to take any action in connection with the TSX uplisting.

About Rua Gold

Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, their team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is focused on maximizing the asset potential of Rua Gold’s two highly prospective high-grade gold projects.

The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand’s South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.

The Company’s Glamorgan Project solidifies Rua Gold’s position as a leading high-grade gold explorer on New Zealand’s North Island. This highly prospective project is located within the North Islands’ Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation’s biggest gold mining project, Wharekirauponga.

FOR FURTHER INFORMATION PLEASE CONTACT:
Robert Eckford
Phone: (604) 655-7354
Email: reckford@ruagold.com

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

Forward-Looking Information

This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and specifically include statements regarding: the Company’s strategies, expectations, planned operations or future actions including but not limited to exploration programs at its New Zealand properties; the intended listing date on the TSX and the delisting date on the TSX Venture Exchange. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.

Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s documents filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.

Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283786

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

Copper Quest Exploration Inc. (CSE: CQX,OTC:IMIMF; OTCQB: IMIMF; FRA: 3MX) (‘Copper Quest’ or the ‘Company’) announces that it has entered into a securities for debt settlement agreement dated February 11, 2026 (the ‘Agreement’) with a professional advisor of the Company.

Pursuant to the Agreement, the Company has agreed to settle debt in the amount of $113,405.28 through the issuance of 872,348 units (each, a ‘Unit‘) at a deemed price of $0.13 per Unit, whereby each Unit shall be comprised of one (1) common share in the capital of the Company (each a ‘Share‘) and one (1) Share purchase warrant (each whole, being a ‘Warrant‘). Each Warrant will be convertible into an additional Share (a ‘Warrant Share‘) at an exercise price of $0.165 per Warrant Share and will expire on the date that is two (2) years following the date of issuance (the ‘Expiry Date‘). The Expiry Date shall be subject to acceleration should the closing price of the Shares on the Canadian Securities Exchange (or any such other stock exchange in Canada as the Shares may trade at the applicable time) equal or exceed $0.50 for ten (10) consecutive trading days at any time from the date which is 4 months following their date of issue, the Company may accelerate the expiry date of the Warrants such that the Warrants shall expire on the date which is 30 calendar days following the date a news release is issued by the Company announcing the accelerated expiry date of the Warrants.

The Agreement and the issuance of the securities thereunder are subject to the approval of the CSE. The securities will be subject to a hold period of four months and one day pursuant to CSE policies and applicable securities laws.

About Copper Quest

The company’s land holdings comprise 7 projects that span over 45,000 hectares in great mining jurisdictions of Canada and the USA. Copper Quest is committed to building shareholder value through acquisitions, discovery-driven exploration, and responsible development of its North American critical mineral portfolio of assets. The Company’s common shares are principally listed on the Canadian Stock Exchange under the symbol ‘CQX’. For more information on Copper Quest, please visit the Company’s website at www.copper.quest.

Copper Quest has a 100% interest in the past-producing Alpine Gold Mine located approximately 20 kilometers northeast of the City of Nelson British Columbia, spanning 4,611.49 hectares with a 2018 National Instrument 43-101 Standards of Disclosure for Mineral Projects historical inferred resource of 268,000 tonnes, estimated using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au, that represents an inferred resource of 142,000 oz of gold (McCuaig & Giroux, 2018)*. Apart from the Alpine Mine itself the property hosts 4 other less explored significant vein systems including the past-producing King Solomon vein workings, the Black Prince and the Cold Blow veins system, and the Gold Crown vein system. *The Company has not yet completed sufficient work to verify the 2018 historic inferred resource results.

Copper Quest has a 100% interest in the road accessible Stars Porphyry Copper-Molybdenum Property, spanning 9,693 hectares in central British Columbia’s Bulkley Porphyry Belt with Tana Zone discovery drill intersection highlights of 0.466% Cu over 195.07m* in drill hole DD18SS004 from 23.47m, 0.200% Cu over 396.67m* in drill hole DD18SS010 from 29.37m, and 0.205% Cu over 207.27m* in drill hole DD18SS015 from 163.98m. This highly prospective, approximately 5 X 2.5 kilometer annular magnetic anomaly is interpreted to represent an altered monzonite intrusion and surrounding hornfels.

Copper Quest has a 100% interest in the road accessible Kitimat Copper-Gold Property, spanning 2,954 hectares within the Skeena Mining Division of northwestern British Columbia located northwest of the deep-water port community of Kitimat, British Columbia. The property benefits from exceptional infrastructure, being within 10 km of tidewater, 1.5 km of rail, and 6 km of high-voltage hydroelectric transmission lines. Exploration on the Kitimat property dates to the late 1960s, with the most significant historical work conducted by Decade Resources Ltd. (2010), which completed 16 diamond drill holes totaling 4,437.5 meters in the Jeannette Cu-Au Zone, and drill intersection highlights of 1.03 g/t Au, 0.54% Cu over 117.07 m in Hole J-7 from 1.52 m, 1.00 g/t Au, 0.55% Cu over 103.65m in Hole J-1 from 9.15 m, 0.80 g/t Au, 0.45% Cu over 107.01m in Hole J-2 from 6.10 m, and 0.41 g/t Au, 0.33% Cu over 112.20m in Hole J-8 from 11.89 m.

Copper Quest has a 100% interest in the Nekash Copper-Gold Project, a porphyry exploration opportunity located in Lemhi County, Idaho, USA, along the prolific Idaho-Montana porphyry copper belt that hosts world-class systems such as Butte and CUMO. The project is fully road-accessible via maintained U.S. highways and forest service roads and consists of 70 unpatented federal lode claims covering 585 hectares.

Copper Quest has a 100% interest in the road accessible Stellar Property, spanning 5,389-hectares in British Columbia’s Bulkley Porphyry Belt contiguous to the Stars Property.

Copper Quest has a 100% interest in the Thane Project located in the Quesnel Terrane of Northern British Columbia spanning over 20,658 hectares with 10 priority targets identified demonstrating significant copper and precious metal mineralization potential.

Copper Quest has an earn-in option of up to 80% and joint-venture agreement on the road accessible Rip Porphyry Copper-Molybdenum Project, spanning 4,700-hectares located in the Bulkley Porphyry Belt in central British Columbia.

On behalf of the Board of Copper Quest Exploration Inc.

Brian Thurston, P.Geo.
Chief Executive Officer and Director
Tel: 778-949-1829

For further information contact:
Investor Relations
info@copper.quest

https://x.com/CSECQX
https://ca.linkedin.com/company/copper-quest

Forward Looking Information

This news release contains certain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements‘) within the meaning of applicable securities legislation. All statements, other than statements of historical fact included herein, including without limitation, future operations and activities of Copper Quest, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as ‘expects’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘potential’, ‘possible’, and similar expressions, or statements that events, conditions, or results ‘will’, ‘may’, ‘could’, or ‘should’ occur or be achieved. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, risks associated with possible accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, risks associated with the interpretation of exploration results, the possibility that the Company may not be able to secure permitting and other governmental clearances necessary to carry out the Company’s exploration plans, the risk that the Company will not be able to raise sufficient funds to carry out its business plans, and the risk of political uncertainties and regulatory or legal changes that might interfere with the Company’s business and prospects. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this press release, and does not accept responsibility for the adequacy or accuracy of this release.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

CHICAGO — Cardi B was part of Bad Bunny’s Super Bowl halftime show. What she did exactly, well, that turned into a perplexing question for two major prediction markets.

At least one Kalshi trader filed a complaint with the Commodity Futures Trading Commission over how the prediction market handled Sunday’s appearance by the Grammy-winning rapper. The result of a similar event contract on Polymarket also drew the ire of some users on that platform.

Prediction markets provide an opportunity to trade — or wager — on the result of future events. The markets are comprised of typically yes-or-no questions called event contracts, with the prices connected to what traders are willing to pay, which theoretically indicates the perceived probability of an event occurring.

The buy-in for each contract ranges from $0 to $1 each, reflecting a 0% to 100% chance of what traders think could happen.

More than $47.3 million was wagered on Kalshi’s market for “ Who will perform at the Big Game? ” A Polymarket contract had more than $10 million in volume.

Celebrities including Pedro Pascal, Karol G and Cardi B during the Super Bowl halftime show on Sunday.Kevin Mazur / Getty Images for Roc Nation

Cardi B joined singers Karol G and Young Miko and actors Jessica Alba and Pedro Pascal on a starry front porch during the halftime spectacle. She danced to the music, but it was unclear whether she was singing along during the show, which included performances by Ricky Martin and Lady Gaga.

Due to “ambiguity over whether or not Cardi B’s attendance at the 2026 Super Bowl halftime show constituted a qualifying ‘performance,’” Kalshi cited one of its rules in settling the market at the last price before trading was paused: $0.74 for No holders and $0.26 for Yes holders. The platform returned all the money to its users.

Polymarket’s contract was resolved as Cardi B had performed, but the yes was disputed. A final decision on the contract is expected to be announced on Wednesday.

In the CFTC complaint — first reported by the Event Horizon newsletter and posted by Front Office Sports — the trader alleges that Kalshi violated the Commodity Exchange Act with how it resolved the Cardi B contract. The trader — a Yes holder — is seeking $3,700.

A CFTC spokesman declined comment on Wednesday.

The Super Bowl capped a big NFL season for prediction markets.

Kalshi reported a daily record high of more than $1 billion in total trading volume on the day of the game, an increase of more than 2,700% compared to last year’s Super Bowl. The season-long total for all Super Bowl winner futures was $828.6 million, up more than 2,000% from last year.

The increased activity on Sunday caused some deposit issues. Kalshi co-founder Luana Lopes Lara posted on X on Monday that the “traffic spike was way bigger than our most optimistic forecasts.” She said the platform had reimbursed processing fees on the effected deposits and added credits to users who experienced delays.

Robinhood Markets highlighted the strength of its prediction markets when it announced its financial results for the fourth quarter and full 2025 on Tuesday.

“I think we are just at the beginning of a prediction market super cycle that could drive trillions in annual volume over time,” CEO Vlad Tenev said during an earnings call. “This year is going to be a big year. Olympics are going on right now. World Cup coming in the summer.”

This post appeared first on NBC NEWS

Since President Trump resumed office, leftists have run to the courts in a desperate attempt to stop — or, at the very least, stall — his agenda. To defeat this lawfare, President Trump needs the Senate’s help to put constitutionalists on the bench. Democrat senators’ obstruction is unsurprising; not even one has voted for one of President Trump’s appellate court nominees. Many Republican senators, however, are lagging in streamlining nominations. The most serious breakdown is in filling district court vacancies in deep-red states, especially Texas, Oklahoma and Kansas. With the midterms rapidly approaching, this glacial pace must accelerate in short order.

District courts are the engines of the federal judiciary, and vacancies there create immediate and tangible harm. These courts handle the bulk of federal litigation, from immigration to criminal prosecutions to constitutional challenges. Yet confirming district judges often proves harder than confirming Supreme Court justices. The problem lies in the blue-slip process. Home-state senators have a de facto veto on district court nominees, U.S. attorney nominees and U.S. marshal nominees.

For over a century, U.S. senators have had the power to hand-select the U.S. attorneys who could prosecute them, U.S. district judges who could oversee their trials, and U.S. marshals who could escort them to prison. Senators will never give up this veto power. Sen. Thom Tillis of North Carolina, a lame-duck Republican who sits on the powerful Senate Judiciary Committee, made it crystal clear that he will oppose any nominee who lacks support from both home-state senators. Senate Judiciary Committee Chairman Chuck Grassley can do nothing about blue-slip obstruction when even one committee Republican can team up with Democrats to block any nominee.

There are roughly 15 district court vacancies in states with at least one Democrat senator. Because the blue slip is not going anywhere, it is unlikely that President Trump can fill many of these vacancies. Democrats are more obstructionist than ever. They caused the longest government shutdown in our history just a few months ago.

The far more troubling problem is the sheer number of vacancies in states represented by two Republican senators. Staggeringly, there are nearly two dozen district court vacancies in red states (i.e., states with two Republican senators). The most dire vacancy crises lie in Texas, Oklahoma, and Kansas. There are seven vacancies throughout Texas’ several judicial districts, for example. Texas deals with a massive amount of immigration litigation because it is a border state. There is no excuse for a deep-red state like Texas, which President Trump won by 14%, to have seven vacancies.

Texas sadly is not alone when it comes to an unacceptably slow pace in filling vacancies. Other deep-red states combined have over a dozen: one each in South Carolina, Louisiana, Alaska and Alabama; two each in Ohio, Oklahoma and Florida; and three in Kansas. President Trump won each of these states by double digits and most by over 20%. These states deserve judges who are strong constitutionalists in line with President Trump’s vision of the law.

If Senate Minority Leader Chuck Schumer reassumes the position of majority leader next year, he will grind the Trump judicial-confirmations train to a screeching halt. Grassley is a workhorse, so it is certain that he will expeditiously streamline President Trump’s nominees through the process this year. Senate Majority Leader John Thune has demonstrated remarkable efficiency in getting nominees swiftly confirmed. No judicial nominees remain on the Senate Executive Calendar. Only four remain in the Judiciary Committee, and they just had their confirmation hearing last week, meaning they will be on the floor and ready for a vote by the end of the month. Leader Thune and Grassley cannot process nominations if there are no nominees.

Republican home-state senators need to focus on this crucial task and understand the urgency of the moment. Since the Senate sits only 3.5 days a week in most weeks, floor time is limited. Should a Supreme Court vacancy arise, Judiciary Committee time and resources must be invested overwhelmingly in confirming President Trump’s nominee. Delay is a recipe for disastrous defeat, and it must end instantly.

Republican senators must get moving in filling judicial vacancies.

This post appeared first on FOX NEWS

Russia will temporarily suspend flights to Cuba after airlines reported difficulties refueling aircraft on the island, aviation authorities said Wednesday.

Russia’s Federal Air Transport Agency Rosaviatsia said in a statement posted on Telegram that the airlines Rossiya, part of the Aeroflot Group, and Nordwind were forced to adjust their flight programs due to problems securing fuel in Cuba.

In the coming days, Rossiya will operate several outbound-only flights from Havana and Varadero to Moscow to return Russian tourists home before halting service.

After those repatriation flights are completed, the airline’s Cuba program will be suspended until the situation improves, the agency said, calling the decision one made ‘in the interests of passengers.’

The Transport Ministry and Rosaviatsia said they are maintaining close contact with Cuban aviation authorities and are exploring alternative options to restore two-way service.

The announcement comes two weeks after President Donald Trump declared a national emergency over Cuba and authorized new measures aimed at choking off the island’s oil supplies.

In a Jan. 29 executive order, Trump said Cuba poses an ‘unusual and extraordinary threat’ to U.S. national security and empowered his administration to impose tariffs on goods from any country that ‘directly or indirectly sells or otherwise provides any oil to Cuba.’

The order, which took effect Jan. 30, allows additional duties on imports from countries found to be supplying oil to Havana, part of what Trump described as a ‘zero tolerance’ policy toward the Cuban government.

The Federal Aviation Administration’s website shows a Notice to Airmen, or NOTAM, an official alert issued to pilots about hazards or operational disruptions, was posted Feb. 10 for nine Cuban airports warning that Jet A-1 fuel is not available.

The advisory covers Havana (MUHA), Varadero (MUVR), Cienfuegos (MUCF), Santa Clara (MUSC), Camagüey (MUCM), Cayo Coco (MUCC), Holguín (MUHG), Santiago de Cuba (MUCU) and Manzanillo (MUMZ), and remains in effect through March 11.

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A new report from Alliance for Consumers (AFC) argues that progressive, often climate-change-related, activism and aligned trial lawyers are increasingly using lawsuits not to win big dollars but big changes.

Since the waning years of the Obama administration, AFC said that courtrooms have become the ‘battleground’ for the political left’s campaign to ‘reshape American society’ through ‘strategic litigation.’ 

AFC analyzed employment discrimination cases, environmental suits and corporate governance litigation and found that the outcomes, or sought-after outcomes, demonstrated a pattern of courtroom strategy meant to deliver policy changes that the left has been unable to achieve through state or federal legislation — particularly regarding DEI and climate.

‘If you really want to understand a substantial portion of why corporate America went really woke, there’s a story that can be told,’ O.H. Skinner, AFC’s executive director, told Fox News Digital.

Skinner said that corporate America believed President Barack Obama would be followed by ‘President Hillary Clinton’ — demonstrating continuity in many of these policy fields — leading to people leaving civil service jobs to join corporate HR and legal departments and bring their policy goals with them.

He alleged that officials in Washington signaled companies could face scrutiny if they did not align with emerging DEI priorities.

‘That’s describing a world where through government lawsuits, but also through private lawsuits, a lot of pressure was being brought on corporate America,’ said Skinner, whose previous work included time with the Arizona attorney general’s office under Mark Brnovich, who led the state’s largest consumer-protection lawsuit against Google over location tracking.

Skinner compared the strategy to ‘plaintiff-shopping’ in class-action litigation, where a firm may be paid millions in settlement while it ‘negotiates a coupon for you’ for the applicant-plaintiffs.

One of the firms cited in the study — which Skinner noted as alleged proof of its political persuasions — had filed a lawsuit against President Donald Trump and former New York City Mayor Rudolph Giuliani on behalf of Rep. Bennie Thompson, D-Miss., citing the Ku Klux Klan Act of 1871 after Jan. 6.

AFC’s report cited a 2019 shareholder-derivative suit brought by Cohen-Milstein against Alphabet — Google’s parent — on behalf of New York union pensioners, alleging it breached fiduciary duties and covered up a data breach and sexual harassment allegations.

The statement from Cohen-Milstein on the suit alleged Alphabet ‘fostered’ a misogynistic ‘‘brogrammer’ culture,’ and later celebrated the settlement ‘fundamentally altering Alphabet’s workforce policies,’ including a $310 million ‘financial commitment to DEI initiatives’ and its position toward ‘workplace equity.’

AFC found the lawsuit ‘functioned as a tool for advocacy groups to push a comprehensive expansion of the DEI agenda at one of the biggest companies with a massive budgetary commitment, all through litigation rather than legislative action or shareholder demand.’

Cohen-Milstein did not respond to Fox News Digital’s request for comment. 

Skinner’s team also cited a case in which the Obama Equal Employment Opportunity Commission (EEOC) allegedly did an end run around legislators and established new DEI practices at another major company through aggressive litigation.

Bass Pro/Outdoor World agreed to pay $10.5 million and provide ‘other significant relief’ to settle a hiring discrimination suit brought by Obama’s EEOC, according to the agency.

The administration claimed Bass Pro Shops discriminated against minority applicants, but instead of a strictly cash settlement, it reached agreements to mandate EEO training, affirmative diversity outreach and the appointment of a DEI director, according to AFC’s research.

In an ongoing climate-related suit — in which Honolulu is suing Sunoco via the Sher-Edling firm — the Hawaiian capital reportedly alleged public nuisance claims and sought to hold oil companies responsible for climate damages.

AFC’s report found the suit seeks not only monetary damages for ‘climate-related infrastructure costs,’ but also disgorgement of profits, climate-mitigation actions and other corporate reforms.

‘These cases attempt to use courts to impose climate policy, effectively putting judges in charge of energy and climate regulation rather than elected legislatures and administrative agencies with technical expertise,’ the report said. Fox News Digital reached out to Sher-Edling.

In another case, red-state government employees were granted access to transgender health care after a staff accountant surnamed Rich and other plaintiffs sued over a health plan that denied coverage of transgender care.

A $365,000 settlement was lodged and split among the defendants and an LGBTQ-rights group, while Georgia agreed to make sweeping policy changes to cover transgender care — something that would have typically gone through the legislature and likely failed with a Republican majority in charge.

The main litigant in that case was the Transgender Legal Defense and Education Fund (TLDEF) — which has now merged into Advocates for Trans Equality (ATE).

‘Strategic litigation by advocacy organizations successfully bypassed Georgia’s legislative process to impose highly contested healthcare policy through judicial decree, demonstrating how activist organizations achieve policy goals through courts rather than democratic processes,’ AFC found in its reporting analysis.

ATE did not respond to Fox News Digital’s request for comment. 

Impact litigation has long been used by advocacy groups across the political spectrum to advance policy goals through the courts. Right-leaning groups have also been successful in forging settlement agreements that secure policy-related outcomes rather than strictly cash settlements.

In CRPA v. LASD, a district court ruled that members of a Second Amendment advocacy group may apply for non-resident concealed-carry permits in California.

The 2025 case saw a judge rule in favor of the California Rifle and Pistol Association, requiring Sacramento to accept permit applications from any out-of-state resident who is a member of a number of Second Amendment organizations.

Skinner told Fox News Digital that the tide, at least at the EEOC, has changed, citing recent remarks by new Trump-appointed Chairwoman Andrea Lucas, saying that her tack instead will be to probe corporate diversity programs and enforce against DEI.

‘That’s the crucial part about each of [the report’s] cases, it’s not, oh, some company allegedly discriminated against women or minorities — they might have, right. The problem with those cases and something that I think you would want to highlight is it’s not that somebody allegedly was mistreated and got money. It’s that the lawsuit was used to unlock all sorts of other bells and whistles that were not directly about anybody who was hurt, if they were hurt.’

In Lucas’ comments to Reuters in December, she said she would ‘shift [EEOC] to a conservative view of civil rights.’

AFC’s report concluded by summarizing that ‘lawsuits are increasingly used not to resolve disputes or compensate victims, but to impose policy changes that advocates have been unable to achieve through democratic processes.’

‘This transformation represents a fundamental challenge to democratic governance. When lawyers and activists can impose sweeping policy changes without having to go to the ballot box, or even after having been denied at the ballot box, the everyday consumers stop having a direct say in the products and choices that are before them on a daily basis.’

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A partial government shutdown affecting the Department of Homeland Security (DHS) is all but guaranteed unless the Senate rams through a short-term extension of current funding levels sometime on Thursday.

But avoiding a DHS shutdown means the same measure must also pass the House of Representatives, where success will depend on delicate political maneuvering by Speaker Mike Johnson, R-La., to persuade a House Republican Conference with varying ideas of what a path forward should look like.

‘It would have to be for 60 or 90 days, I would think,’ said Rep. Ralph Norman, R-S.C., a member of the conservative House Freedom Caucus. ‘I don’t know what’s going to happen in 30 days, I don’t know what’s going to change.’

Senate Majority Leader John Thune, R-S.D., is expected to unveil a stopgap funding measure for DHS called a continuing resolution (CR), which would extend the department’s current budget for a yet-unknown amount of time.

It comes after Democrats walked away en masse from a bipartisan deal to fund DHS through the end of fiscal year (FY) 2026 over what they saw as insufficient guardrails on agencies responsible for President Donald Trump’s immigration crackdown in Minneapolis and elsewhere.

Congress has funded 97% of the federal government through FY2026 at this point. But DHS is a vast department with a broad jurisdiction that includes the U.S. Coast Guard, the Secret Service, the Federal Emergency Management Agency (FEMA) and the Transportation Security Administration (TSA) — all of which will see varying levels of disruptions if a shutdown happens.

Republicans largely want to avoid such a situation but have made clear they believe that its effects would fall squarely on Democrats’ shoulders.

Conservatives like Norman favor an extended CR, arguing that it would fund Immigrations and Customs Enforcement (ICE) at a higher level than the initial bipartisan funding deal would have while removing Democrats’ negotiating leverage for more guardrails on those agents.

House Freedom Caucus Chairman Andy Harris, R-Md., told Fox News Digital last week that he would support a full-year CR for DHS to ‘make sure that FEMA is funded and TSA is funded, and stop the drama.’

Rep. Eli Crane, R-Ariz., similarly said on Wednesday, ‘I think we’d like to push it out as far as we can so we can avoid the constant uncertainty for the agency.’

‘As long as this hangs up in the air, let’s say you do it for three, four months, the Democrats are gonna want a pound of flesh to help pass whatever it is. And I think that’s gonna weaken the efforts of … immigration enforcement,’ Crane told Fox News Digital.

House Appropriations Committee Chairman Tom Cole, R-Okla., told reporters earlier this week that he would favor a mid-length CR over something shorter.

‘If we do two weeks and they leave for a week, it’s really a one-week CR. Nothing’s going to happen when that many important people are gone. So I think four weeks makes a lot more sense,’ Cole said.

But committee member Rep. John Rutherford, R-Fla., panned the idea of a CR altogether.

‘CRs don’t work. CRs are not without pain. It disrupts a lot of your supply chain and purchasing and acquisition,’ he told Fox News Digital. ‘I can’t believe they’re even thinking about it.’

Rutherford, a former sheriff, argued that a shutdown or CR would harm critical national security operations during a year that’s expected to see a host of high-security events in the U.S. like America’s 250th anniversary celebration, the FIFA World Cup and others.

Johnson declined to share his thoughts on CR length when asked by Fox News Digital on Tuesday, but emphasized the House GOP’s position that the Senate should take up the bipartisan bill that Democrats initially walked away from.

‘I’m not going to prejudge the length of it or what it should be. I’m very hopeful. I mean, we still have time on the clock. When there’s a will, there’s a way. And if they can come to an agreement on this and get it done, that will behoove the whole country,’ Johnson said.

House GOP leaders will likely need nearly all Republicans on board to pass a CR for DHS, with many Democrats warning they will not support any funding for the department without seeing proof of critical reform.

Jeffries would not go into specifics about what he would support or oppose in terms of DHS funding during his weekly press conference on Monday, but he suggested to reporters that a simple stopgap funding bill with no changes to ICE funding was out of the question. 

‘ICE is out of control right now. The American people know it, and ICE clearly needs to be reined in,’ Jeffries said. ‘Our position has been clear. Dramatic changes are needed at the Department of Homeland Security before a DHS funding bill moves forward. Period. Full stop.’

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