Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits

Videogame retailer GameStop, which was at the epicenter of the meme stock mania of 2021, has announced that it intends to issue $1.3 billion of convertible notes. The 0.00% notes will mature in 2030. 

The company has stated that the proceeds from the debt offering will be used for "general corporate purposes," which include buying Bitcoin. 

As reported by U.Today, the videogame seller recently amended its investment policy to adopt Bitcoin as a reserve asset. 

With its convertible note offering, GameStop is clearly taking a page out of Strategy's pioneering debt-for-Bitcoin playbook. 

However, the market does not seem to be impressed, with GameStop (GME) shares plunging by 5.5% in after-hours trading. On Wednesday, GME managed to gain more than 11% thanks to its Bitcoin pivot. 

SAN FRANCISCO, CA / ACCESS Newswire / March 26, 2025 / As the blockchain landscape evolves towards interconnected, heterogeneous multi-chain networks, DMD Diamond is strategically positioned to lead this transformation. With its unique cooperative HBBFT consensus and POSDAO election validation, DMD Diamond seamlessly integrates the best of Bitcoin and Ethereum, while introducing industry-first features.

What sets DMD Diamond apart? It's not just another Layer-1. It's a 100% decentralized platform designed to bridge the gaps between different blockchain networks. A cornerstone of this innovation is its unique cooperative HBBFT (HoneyBadgerBFT) consensus algorithm, supplemented by a POSDAO election validation mechanism. HBBFT, known for its asynchronous Byzantine Fault Tolerance, allows for robust consensus even in challenging network conditions. DMD Diamond takes this further by implementing a cooperative model, enhancing efficiency and security. This means that even with potential network disruptions or malicious actors, the DMD Diamond network remains resilient and operational.

This unique combination allows DMD Diamond to harness the best of both worlds: the robust security and decentralization of Bitcoin, and the smart contract capabilities of Ethereum. But DMD Diamond isn't just a hybrid. It's a pioneer, introducing industry-first features that address the limitations of existing blockchains. Imagine instant transaction finality, dynamic blocktimes, and a throughput exceeding 400 transactions per second. This isn't just theoretical; it's the reality of DMD Diamond, enabled by the efficiency of its HBBFT implementation.

The benefits extend beyond speed and efficiency. DMD Diamond offers enhanced security features, including improved censorship resistance and front-running prevention, alongside on-chain DAO governance." We understand that the ability of the community to influence decision-making is the basis of decentralization," said Helmut Siedl, blockchain visionary at DMD Diamond. "

The upcoming DMDv4 mainnet launch in 2025 is highly anticipated. Currently, the open beta phase allows developers to explore the platform's capabilities and experience its unique features firsthand. This is an opportunity to witness the potential of DMD Diamond and understand how its HBBFT-powered architecture is shaping the future of blockchain.

Whether you're a GameFi developer, a DeFi builder, or an enterprise seeking robust blockchain solutions, DMD Diamond offers a compelling platform. Its unique architecture and forward-thinking design, centered around the power of cooperative HBBFT, make it a prime candidate to lead the next evolution of the blockchain landscape.

To delve deeper into DMD Diamond's technology and vision, explore the DMD Whitepaper and join the community on Telegram and Discord.

Media Contact:

DMD Diamond

contact@bit.diamonds

Telegram

SOURCE: DMD Diamond

View the original press release on ACCESS Newswire

(TheNewswire)

The device is designed to take waste heat from AI andcrypto mining data centers and convert it into cleanelectricity.

Vancouver, BC, Canada –TheNewswire - March 26, 2025 –First Tellurium Corp. (CSE: FTEL, OTC: FSTTF) reports thatits majority-owned subsidiary PyroDelta Energy Inc. has developed athermoelectric radiator that will take waste heat from AI andcrypto mining data centers and convert it into clean electricity.The device is based on the design ofPyroDelta’s automobile thermoelectric generator (reported March25th,) using the liquid that AI datacenters use in their immersion cooling processes and passing itthrough a radiator tube. The temperature differential from the hotliquid generates electricity silently and consistently, with no movingparts.

A video that presents and explains the prototype can beviewed here.

“AI data centers not only consume large amounts ofenergy,” said PyroDelta Chief Engineer Michael Abdelmaseh, “theyalso generate enormous amounts of heat. The industry is focused onways it can use that heat to reduce power loads and also become moreefficient.”

Following inquiries and discussions with aCanadian-based AI company, PyroDelta has completed a prototype thatwill be installed and tested at a data center facility. The additionalelectricity could be used to supplement the facility’s powerrequirements, saving money and energy.

Abdelmaseh noted that the tubular design of theradiator was developed to use hot liquid, as opposed to therectangular design of PyroDelta’s original thermoelectric generator,which uses other forms of heat.

“We’re very excited about the potential for manynew liquid-based applications,” said Abdelmaseh.

The AI data center industry is growing at anunprecedented pace, driven by the increasing demand for artificialintelligence, cloud computing, and big data processing. Therecoverable waste heat from today’s AI data centers has beenestimated at 1 TWh, equivalent to the heating requirements for 100,000housing units. By 2030, given the increase in the number of datacenters, the potential for recoverable waste heat could represent 3.5TWh as data centers expand to meet increasing AI demands.

In a recent Fox News interview with AmericanEnergy Secretary Chris Wright, commentator Brett Baier asked Mr.Wright about the buildout of American data centers, and how this willincrease energy demand by an estimated 15% by 2030.

“We must meet that demand (for AI datacenters)…,” said Wright. “China is going all out on AI, and ithas massive national security implications. We need to stay ahead inthe AI space. And you’re right, it takes a lot of energy to powerAI…the biggest challenge is going to be building the electrical gridand the electrical production infrastructure.”

Crypto mining facilities currently dwarf the energy useand heat generation of Artificial Intelligence. Bitcoin alone consumesaround 178 terawatt-hours (TWh) annually. This amount is comparable tothe energy usage of mid-sized countries like Argentina. Miningoperations run 24/7, leading to continuous heat generation, whichrequires extensive cooling solutions such as immersion cooling tomanage temperatures efficiently.

The PyroDelta AI thermoelectric generator would requirelittle or no modification to work with crypto mining facilities,potentially opening a second large market for the device.

Docherty noted that, between the new tubular design andthe original rectangular design, the market potential for thethermoelectric generator is expanding rapidly. “As a reminder, wehave received inquiries from a wide range of industries includingdrones, emergency generators and greenhouses, amongst others. Webelieve these potential applications will continue to expand as thetechnology is refined and demonstrated.”

About First Tellurium Corp.

First Tellurium’s unique business model is togenerate revenue and value through mineral discovery, projectdevelopment, project generation and development of tellurium-basedtechnologies.

First Tellurium is listed on the Canadian StockExchange under the symbol “FTEL” and on the OTC under the symbol“FSTTF”. Further information about FTEL and its projects can befound at www.firsttellurium.com.

Neither theCanadian Securities Exchange nor its regulations services acceptresponsibility for the adequacy or accuracy of this release.

Forward-lookinginformation

All statements included in thispress release that address activities, events or developments that theCompany expects, believes or anticipates will or may occur in thefuture are forward-looking statements.  These forward-lookingstatements involve numerous assumptions made by the Company based onits experience, perception of historical trends, current conditions,expected future developments and other factors it believes areappropriate in the circumstances. In addition, these statementsinvolve substantial known and unknown risks and uncertainties thatcontribute to the possibility that the predictions, forecasts,projections and other forward-looking statements will proveinaccurate, certain of which are beyond the Company’s control. Readers should not place undue reliance on forward-lookingstatements.  Except as required by law, the Company does not intendto revise or update these forward-looking statements after the datehereof or revise them to reflect the occurrence of futureunanticipated event.

Copyright (c) 2025 TheNewswire - All rights reserved.

The number of Bitcoin whale wallets holding at least 10,000 BTC has been steadily increasing according to leading on-chain analytics provider Glassdoor. 

The growing increase in the rate of Bitcoin accumulation by whales signals amplified conviction in the largest cryptocurrency even as the broader crypto market faces prolonged drawdowns and uncertainties in 2025. 

This trend could also indicate that major investors and market participants are positioning themselves for a future Bitcoin rally, possibly anticipating favourable macroeconomic conditions and other upcoming catalysts.

Supply shock on the horizon?

Santiment reported that BTC whales and sharks have undergone several major transformations over the past half-year. They started accumulating large amounts of Bitcoin, then paused their accumulation, finally dumping it. The most recent sales took place between the middle of February and March. 

As March kicked off, these whales with a minimum of 10 BTC in their wallets have begun buying Bitcoin again and have accumulated 5,000 BTC already. This amount of the leading cryptocurrency is valued at $408,010,750 at press time. So far, the Bitcoin price has not reacted to this massive accumulation. 

However, the Santiment team believes that the situation may change in the second half of March and play out “much better than the bloodbath we've seen since Bitcoin's ATH 7 weeks ago.” That is if these large whales continue to buy Bitcoin, the tweet stated.

Institutions continue to increase Bitcoin holdings

Over the past three days, Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has tweeted that he believes a large Bitcoin decline is likely this year. 

On Friday, McGlone tweeted that due to rigid U.S. external economic policy, the stock market is plunging and Bitcoin is mirroring it closely. McGlone said the only asset benefiting from the current situation is gold, which is a traditional safe-haven asset. 

The market mostly treats Bitcoin as a risk-on asset. The expert also likened Bitcoin to the Nasdaq 100 peak in the early 2000s, when it reached an all-time high of 5,000 points at the peak of the dot-com bubble and then crashed by 80%. 

McGlone expressed an opinion that Bitcoin is likely to face the same fate this year and crash after reaching a peak of $100,000. He did not specify whether this crash is happening already or he expects this scenario to play out later this year. 

Earlier today, McGlone predicted that Bitcoin may potentially crash to $70,000 this year.

TL;DR

Watch Out

The second-largest meme coin in terms of market capitalization – Shiba Inu (SHIB) – has emerged into a complex ecosystem in the past few years, while its community has reached multi-million members. However, some newcomers have little-to-no experience with the crypto world, making them perfect prey for fraudsters.

Earlier today (March 26), the team behind Shibarium Trustwatch warned people that scammers have created fake profiles on X to deceive with “promises of giveaways, exclusive content, or investment opportunities.”

The team revealed that LUCIE – the pseudonymous marketing strategist of Shibarium – is among the targets, with wrongdoers mimicking their X account. However, a quick look shows that the number of followers is 0, meaning people should have serious doubts. In comparison, LUCIE’s official account on X has more than 165,000 subscribers.

Shibarium Trustwatch advised the SHIB Army to check for verification badges and trusted announcements to protect themselves. It also urged people never to click on suspicious links or share personal details online and to report and block fraudulent accounts immediately to safeguard the entire community.Previous Alerts

The team issued a similar warning nearly a month ago. Back then, Shibarium Trustwatchcautionedusers to stay away from a fake X account pretending to be the official one of the meme coin project.

“This account is NOT official. Always verify the handle and followers. Stay safe! Stay vigilant,” the message reads.

Towards the end of last year, the teamclaimedthat malicious actors had misused the name of Shytoshi Kusama – the former lead developer behind Shiba Inu – to advertise fake tokens in fraudulent online groups. The community is urged to avoid interacting with these deceptive individuals and to refrain from sharing any personal details.

It is worth mentioning that Kusama has been suspiciously quiet on X in the past several weeks. Not long ago, LUCIE explained this was normal since the former lead developer had taken an ambassador role. Many users appreciated the information, with some expecting “groundbreaking” partnerships for Shiba Inu once Kusama resurfaces.

Interactive Brokers, a global brokerage that recorded $9.3 billion in revenue for 2024, is expanding its altcoin offerings to include four new tokens.

According to a March 26 announcement, the platform has added Solana (SOL), Cardano (ADA), XRP (XRP), and Dogecoin (DOGE) for trading. The four coins have a combined market capitalization of $267.2 billion at this writing.

The additions double Interactive’s crypto offerings to traders. Since 2021, it has enabled trading in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) pairs.

Both trading and custody services will be provided through Paxos Trust Company or Zero Hash LLC. Zero Hash said in a press release that as of June 2024, it had processed $20 billion in transactions across 200 countries.

Financial firms have been expanding crypto token offerings. On March 25, Nubank announced the addition of ADA, Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its over 100 million clients in Latin America. US exchange Kraken has been steadily adding memecoins for a number of months, while Binance introduced a way for community members to vote on the listing and delisting of tokens.

Amidst an increasingly competitive crypto market, Interactive Brokers is promising low transaction fees — 0.12% to 0.18% per transaction value with a minimum of $1.75 per trade. The brokerage still faces competition from exchanges that offer “pro” platforms with similar charges.

Crypto markets see more regulation, more adoption

Companies’ moves to expand crypto offerings comes amid a broader shift in how nation-states engage with the industry — moving toward collaboration rather than outright suppression. The European Union’s MiCA regulation has delivered in a clearer framework for crypto companies operating in that region, while the United States has been betting on the use of stablecoins to preserve the dollar global dominance.

The US Securities and Exchange Commission has dropped cases against a number of crypto companies, and the US Congress is currently working on stablecoin and market structure legislations.

Although crypto markets have recenlty experienced turbulence due to uncertainty surrounding US tariffs and fears of recession, institutional investors still appear optimistic crypto investments. Since debuting in January 2024, Bitcoin exchange traded-funds have attracted a cumulative net inflow of $36 billion, according to SoSoValue.