This episode of the Empire podcast, hosted by Jason Yanowitz and Santi, focuses on Hyperliquid's institutionalization process, signs of regulatory deregulation, and market structure differentiation.

Saudi Arabia's sovereign wealth fund is scaling back its expenditures due to financial pressures, impacting its ambitious mega-projects and notable international investments. Wall Street Journal (Markets) posted on X that the fund, known for its significant global presence, is facing challenges in maintaining its previous levels of investment. The decision to reduce spending comes as the fund navigates economic constraints, prompting a reassessment of its financial strategies. This move is expected to influence the progress of several high-profile projects and investments worldwide, reflecting the broader economic adjustments within the kingdom.

Binance Life, Changpeng Zhao, Binance Life: A 15x Rise to a New High – Three Lifesaving Moments from an Artificial Bull Market (Jinse Finance), Bringing Long-Awaited Volatility to Altcoins.

Highstreet (HIGH) has experienced a significant price increase, surpassing 0.4 USDT. According to Odaily, the token is currently trading at 0.478 USDT, marking a 24-hour rise of 315%.

Market data shows that HIGH (Highstreet) has risen above 0.4 USDT and is currently trading at 0.478 USDT, representing a 24-hour increase of 315%.

The global cryptocurrency market cap now stands at $2.58T, up by 1.69% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $75,096 and $78,333 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $76,567, up by 0.32%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include HIGH, ALICE, and PORTAL, up by 325%, 68%, and 49%, respectively. Top stories of the day: US Stocks Open Higher as Crypto-Linked Shares Rally Bitcoin News Today: Bitcoin Breaks Above $78K as Iran De-Escalation Drives Oil Lower Market movers: ETH: $2377.63 (+0.18%) BNB: $635.49 (+0.12%) XRP: $1.4506 (-0.52%) SOL: $87.51 (-2.17%) TRX: $0.3274 (+0.74%) DOGE: $0.09696 (-2.52%) WBTC: $76397.78 (+0.62%) U: $0.9995 (-0.03%) XAUT: $4803.23 (+0.52%) ADA: $0.2547 (-1.81%) Top gainers on Binance: HIGH/USDT (+325%) ALICE/USDT (+68%) PORTAL/USDT (+49%)

According to NS3.AI, Whale Alert has reported the minting of 1,000 million USDT at the Tether Treasury. This development is significant in the cryptocurrency market, as such large-scale minting activities can influence market liquidity and investor sentiment. The issuance of new USDT tokens often raises questions about potential impacts on the broader crypto ecosystem, including price stability and trading volumes.

Iraq's Ministry of Oil has announced plans to resume exports from all oil fields in the coming days. According to BlockBeats, this decision follows recent disruptions in the country's oil export activities. The move is expected to stabilize Iraq's oil production and contribute to global supply. The Ministry did not specify the exact timeline for the resumption but emphasized the importance of restoring operations swiftly to meet international demand.

Bitget's IPO Prime project, preSPAX, has seen significant interest since its subscription opened, with participation from 4,633 individuals within the first three hours. According to Foresight News, the total subscription amount has exceeded $70,061,640. The subscription process follows a first-come, first-served model, closing once the limit is reached. Further details are available on Bitget's official platform.

According to official sources, within three hours of its launch, Bitget's first IPO Prime project, preSPAX, attracted 4,633 participants, with total subscriptions exceeding $70,061,640. The subscription operates on a first-come, first-served basis, and will close once the maximum subscription limit is reached. More details can be found on the official Bitget platform.

According to Iran's Tasnim News Agency on the 18th, Iran has not yet agreed to hold the next round of negotiations with the United States. (Xinhua)

PANews posted on X (formerly Twitter). Kieran Dennis, co-founder of Z Protocol, shared insights on the integration of agents with blockchain technology. He acknowledged that while the principles and tools for this integration are established, the current on-chain experience for agents is poorly designed. Dennis emphasized the need for a balance between privacy, compliance, and selective disclosure to improve the functionality of agents within the blockchain ecosystem. He argued that agents do not require a revolution but rather a streamlined path within the crypto framework to operate effectively.

Jeff Park believes that for young people, from unaffordable housing to AI replacing an entire generation of jobs, the financial system has completely collapsed.

This is a slow and steady process: integrating new competencies into the existing system. It signifies an awareness—to govern the future of the dollar, one must first understand the language that is writing that future.

The AI ​​world exploded this morning! DeepSeek, which has never sought funding before, announced for the first time: seeking a $10 billion valuation and raising $300 million. With V4 just around the corner, boasting trillions of parameters and Huawei's Ascend technology, even Jensen Huang (Edwards' founder) is worried!

Eight functional points. Break them down one by one. Behind each one lies the funeral of an entire industry chain. This isn't an emotional statement; it's business logic.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

After Binance announced its crackdown on active market makers at the end of March, active market makers began to take action.

Overall, although a few strong altcoins amplified the market effect, most assets are still in a liquidity vacuum.

Bitcoin successfully broke out of the $62.8k–$72.6k range, briefly touching the $74k mark. This breakout strategically signifies that the market has moved from a geopolitically induced "forced deleveraging" phase to an "initial stabilization period."