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JUST IN: MicroStrategy stock is up over 11% today 👀
The #Bitcoin  effect 🚀

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Bybit CEO Ben Zhou has reported that approximately 88.87% of the $1.4 billion stolen in the recent hack remains traceable. The hackers have converted about 86.29% (approximately $1.23 billion) of the stolen assets into 12,836 BTC, distributing these funds across 9,117 wallets, each holding an average of 1.41 BTC. Notably, the perpetrators have employed Bitcoin mixers, such as Wasabi, CryptoMixer, Railgun, and Tornado Cash, to obscure the transaction history of the stolen funds. Despite these obfuscation efforts, Bybit has successfully frozen 3.54% of the stolen assets, amounting to approximately $42 million, as part of their ongoing recovery initiatives. $ETH

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Gala Games has introduced staking options for its native token, GALA, aiming to enhance token utility and incentivize long-term holding within its ecosystem. Currently, GALA is trading at approximately $0.01723, with a 24-hour trading volume of around $72.06 million. Technical analysis indicates that GALA has formed its second consecutive green candle, suggesting potential bullish momentum. Some analysts have set short- to medium-term price targets at $0.061 and $0.087, anticipating a significant rebound. However, it's essential to approach these projections with caution, as the cryptocurrency market is inherently volatile. For those interested in staking GALA, the process involves: 1. Acquiring GALA Tokens: Purchase GALA through supported exchanges. 2. Choosing a Wallet: Store your GALA tokens in a compatible wallet that supports staking. 3. Delegating Tokens: Participate in staking by delegating your tokens through the wallet interface. This initiative by Gala Games not only offers potential rewards for participants but also strengthens the overall network by encouraging active involvement. #VoteToListOnBinance

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Executives from Trump Media & Technology Group (TMTG) have launched Renatus Tactical Acquisition Corp I, a Special Purpose Acquisition Company (SPAC), aiming to raise $179 million to invest in sectors including cryptocurrency, blockchain, data security, and defense technology. Key Details: Leadership: The SPAC is led by CEO Eric Swider, a director at TMTG, with Devin Nunes, TMTG's CEO, serving as board chairman, and Alexander Cano, former TMTG secretary, as Chief Operating Officer. Funding Structure: Renatus Tactical plans to raise funds through an initial public offering (IPO) and private placements, offering 17.5 million shares at $10 each and 3.94 million warrants at $1 each. Target Sectors: The SPAC focuses on industries with significant government involvement, either as regulators or clients, including: Cryptocurrency and Blockchain: Aiming to capitalize on the growing integration of digital assets into national financial strategies. Data Security: Addressing the increasing demand for robust cybersecurity solutions. Dual-Use Technology: Investing in technologies applicable to both civilian and military uses. Strategic Context: This initiative reflects a broader trend of SPACs targeting emerging technologies with substantial government ties. The involvement of TMTG executives suggests a strategic move to align with sectors poised for growth under current administrative policies. However, the SPAC's affiliation with former President Donald Trump may influence potential partnerships, as noted in their Securities and Exchange Commission (SEC) filing, which acknowledges that some third parties might hesitate to engage due to these associations. The successful execution of Renatus Tactical's investment strategy could significantly impact the targeted sectors, potentially driving innovation and growth in cryptocurrency, blockchain, data security, and defense technologies. #ETHBreaks2k

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Bitcoin has surged to two-week highs as investors react positively to a mix of confirmed Fed policy measures and emerging rumors about a "significant update" to U.S. crypto plans—news closely tied to developments involving Trump. This combination of factors has injected much-needed relief into the market, bolstering sentiment after a period of uncertainty. Market participants are betting that clearer, crypto-friendly policies could pave the way for renewed institutional interest and more robust regulatory support. As speculation mounts around potential Trump-era initiatives, Bitcoin’s recent rally reflects growing optimism about the future of digital asset regulations in the United States. $BNB

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JUST IN: 🇺🇸 President Donald Trump is set to speak at the Digital Asset Summit in New York City tomorrow! 🚀 #cryptonews #blockchainnews #BitcoinNews #CryptoUpdate #ethereumnews

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