Leveraged funds have been largely liquidated, institutions are continuously accumulating positions, and Bitcoin is currently in a key value range. Could this be a hidden buying opportunity?

Odaiy Planet Daily reports that Hyperliquid founder Jeff Yan and his team recently gave a feature interview to Colossos magazine. In the interview, Jeff revealed that after leaving quantitative trading giant Hudson River Trading in April 2018, he worked on Deaux, a prediction market-like project that would allow users to bet on any event with a result, such as weather, elections, or sporting events. Jeff experimented with an "off-chain matching, on-chain settlement" mechanism in the project (Jeff believes this was an idea he and co-founder Scott Wu pioneered). Funds would be stored in smart contracts controlled by code, but the user experience would remain fast and smooth, thus preserving the promise of cryptographic decentralization while avoiding its frictional costs. However, Deaux ultimately only had 100 users and was subsequently shut down due to a bear market. More details can be found in "Jeff Yan's Hyper Life".

XRP experienced a 3% increase, reaching $1.37 after climbing from $1.32 and surpassing the $1.35 mark on robust trading volume. According to NS3.AI, the cryptocurrency must break through the $1.42–$1.45 range to confirm a more extensive breakout.

How Jeff Yan built Hyperliquid into the world's most profitable startup per employee.

Odaily Planet Daily reports that the US banking industry has questioned the White House's report on stablecoin yields, arguing that its conclusions are based on flawed questions. The White House Council of Economic Advisers report states that banning stablecoin yields would have a negligible impact on bank lending, increasing loans by only about $2.1 billion. American Bankers Association Chief Economist Sayee Srinivasan and Vice President Yikai Wang stated that the core policy concern is whether allowing stablecoins to generate yields would lead to deposit outflows, particularly from community banks to large institutions, thereby increasing funding costs and reducing local lending. The American Bankers Association acknowledges that the financial incentive to pursue high-yield stablecoins would prompt households and businesses to move funds out of banks. Currently, the crypto and banking industries are negotiating the terms of a Senate bill, with a ban on stablecoin interest payments being a key point of contention.

Hyperliquid founder Jeff Yan and his team were recently featured in an exclusive interview with Colossos magazine. According to Odaily, during the interview, Jeff Yan was asked about the biggest challenges anticipated in 2025. He did not mention the attack on JLP by JellyJelly or any competitors, but instead highlighted issues with API servers. Throughout the summer, as Bitcoin surpassed $100,000, Hyperliquid's monthly trading volume exceeded $400 billion. The servers connecting market makers to the blockchain began experiencing problems. With an increasing number of institutions joining, each sending massive volumes of orders, cancellations, and updates, the infrastructure struggled to keep pace. Orders that should have been executed instantly were delayed by up to three seconds. Although the blockchain itself remained operational and user funds were secure, a three-second delay is significant in a market where milliseconds matter. Jeff Yan noted that during those weeks, he barely had any normal sleep, often going to bed at 1:30 a.m. and being woken up by 3 a.m. due to recurring system issues. Ultimately, the team rewrote the entire server system from the ground up, and the new system successfully withstood the extreme market conditions of the 1011 event. For more details, refer to 'Jeff Yan's Hyper Life.'

Odaiy Planet Daily reports that Hyperliquid founder Jeff Yan and his team recently gave a feature interview to Colossos magazine. In the interview, Jeff was asked what the biggest challenge he would face in 2025 was. He didn't mention JellyJelly's attack on JLP, nor did he mention competitors or bodyguards; instead, he mentioned API server issues. Throughout the summer, as Bitcoin broke $100,000, Hyperliquid's monthly trading volume exceeded $400 billion, and the servers connecting market makers to the blockchain began to experience problems. More and more institutions connected, each sending massive amounts of orders, cancellations, and update requests. The infrastructure transmitting this data couldn't keep up, and orders that should have been executed instantly began to be delayed by up to 3 seconds. The blockchain itself didn't crash, and user funds remained safe. But in a market where milliseconds determine victory or defeat, a 3-second delay is a serious problem. Jeff stated that he barely slept during those weeks—falling asleep at 1:30 AM and being woken up at 3 AM because the system was having problems again. Ultimately, the team rewrote the entire server system from the ground up, and the new system withstood the test of the subsequent 1011 extreme market conditions. For more details, please refer to "Jeff Yan's *Hyper Life*".

Odaiy Planet Daily reports that Hyperliquid founder Jeff Yan and his team recently gave a feature interview to Colossos magazine. The founder of the Hyperliquid ecosystem project Trade.xyz (who requested anonymity) revealed that he purchased his first Bitcoin for $66 in 2013 and has since been active as an investor, not a builder. He originally had no intention of starting a business, and if it weren't for Jeff, he might have left the crypto industry long ago. More details can be found in "Jeff Yan's Hyper Life".

Hyperliquid founder Jeff Yan and his team were recently featured in an exclusive interview with Colossos magazine. According to Odaily, during the interview, Jeff and co-founder iliensinc addressed issues related to personal safety. iliensinc revealed that Jeff is the only team member who does not use a pseudonym. Initially, Hyperliquid's office was located in a shared workspace in the financial district. However, as Jeff's reputation grew, the team attracted increasing attention. Initially, this was limited to people trying to recognize Jeff's face, but it escalated to strangers approaching him and even following him into his apartment elevator. Consequently, Hyperliquid relocated to a quieter location, a building where they were less likely to be found. Jeff also moved to a more secure residence and hired bodyguards, ensuring he is accompanied by two private security personnel during outings. iliensinc regularly trains team members on how to respond if strangers inquire about their workplace. For more details, refer to "Jeff Yan's Hyper Life."

Odaiy Planet Daily reports that Hyperliquid founder Jeff Yan and his team recently gave a feature interview to Colossos magazine. In the interview, Jeff revealed that in January 2024, he had been in talks with investors, offering to only consider investment terms valuing the company at $1 billion. When an investor accepted this valuation, Jeff spent a weekend carefully considering it but ultimately decided to decline. Other team members, including Hyperliquid co-founder iliensinc (who manages the funds), found it difficult to accept, as iliensinc had already spent two weeks negotiating with investors. When Jeff called the fund, they were equally incredulous, assuming he had simply accepted terms from another institution. Jeff offered an analogy: "Hyperliquid isn't a company, it's an agreement. 'Neutralization' has been a core principle from the beginning. If Bitcoin had received venture capital funding back then, it wouldn't be the Bitcoin we know today; its entire value proposition would have been destroyed." For more details, see "Jeff Yan's Hyper Life."

On April 14, a significant market move was observed as a large-scale trader, identified by the address 0x4cd, executed a substantial short position on oil prices. According to BlockBeats, this trader opened a $4.8 million short position on both WTI and Brent crude oils at prices of $99.935 and $99.03, respectively, capitalizing on the recent price peaks. The trader's strategy paid off as oil prices experienced a significant pullback, resulting in a profit of approximately $300,000, with a return rate of 26.6%. In the past hour, the trader increased the scale of the short positions to $7.98 million, continuing to add to the positions. Currently, the trader holds a $3.87 million position in WTI oil with a 7x leverage, reducing the average price to $97.9 and showing a floating profit of $248,000. The liquidation price is set at $112.8. For Brent oil, the position is $4.1 million with a 7x leverage, an average price of $94.8, and a floating profit of $80,000, with a liquidation price of $116.3. It is noted that on March 9, this address initiated a similar strategy by shorting both WTI and Brent crude oils at a short-term peak with a 7x leverage and an average price of $108, resulting in a daily profit of $1.2 million.

Polish Central Bank member Kotecki has stated that there is no room for further interest rate cuts this year. According to Jin10, Kotecki expressed his view that the current economic conditions do not support additional reductions in interest rates. This statement comes amid ongoing discussions about monetary policy adjustments in response to economic challenges. Kotecki's remarks highlight the central bank's cautious approach to managing inflation and economic growth. The decision to maintain the current interest rate levels reflects concerns about potential economic instability and the need to balance growth with inflation control.

The next five weeks will be the latest window of opportunity for the Clarity Act to achieve a breakthrough; if it cannot be passed before August, the bill is likely to be stillborn.

Hong Kong's stablecoin has finally taken its first step. The real competition is just beginning.

Computing power shortage has become a core bottleneck for AI. OpenAI platform usage has increased by 150% in six months. Anthropic has been forced to limit its bandwidth due to frequent outages. On the supply side, long chip delivery cycles, slow data center construction, and depleted power supplies are unlikely to alleviate the situation in the short term.

The US-Iran peace talks continue to take unexpected turns, with Trump stating that Iran remains willing to reach an agreement, boosting investor risk appetite. BTC has staged a strong rebound, aiming for $75,000. Global attention is now focused on the progress of the upcoming US-Iran negotiations; how will major asset markets react?

Large investors are piling into the TRUMP memecoin ahead of an exclusive April 25 event at Mar-a-Lago hosted by Donald Trump—even as the token continues to slide, setting up a sharp clash between falling prices and rising demand for access.

South Korea’s central bank is calling for circuit breakers on crypto exchanges after a major error at Bithumb led to accidental Bitcoin payouts and a brief price crash on the platform. The incident exposed weak internal controls, prompting regulators to push for stronger safeguards and trading halts to prevent similar disruptions in future.

The evolution of AI agents is irreversible, and it is ushering in a new chapter of intelligent applications.

The United States did not allow Iran to block the Strait of Hormuz, but instead decided to take the initiative to block it, a move that may have significant strategic implications for the United States.