Shares of Trump family-linked crypto mining firm ABTC jump over 13%, market cap climbs to $533 million

According to Axios, Ukrainian President Volodymyr Zelensky stated that Donald Trump’s ceasefire announcement came as a surprise to him. Zelensky added that Ukraine would agree to an energy ceasefire if Russia consents. Earlier, Trump announced that Russia and Ukraine had reached an energy ceasefire.

US President Trump: "Energy ceasefire" reached in the Russia-Ukraine war, effective immediately. Both sides have agreed not to sabotage the deal.

According to official website data, the synthetic perpetual protocol Papertrade built on HyperEVM has been live for 24 hours as of 22:00 Beijing time yesterday. The platform’s cumulative notional trading volume exceeds $678 billion, its current Total Value Locked (TVL) stands at $77.8 million, and open interest (OI) hits $1.3 billion — a sharp drop of around 60% from $3.3 billion 12 hours ago. The total margin for all existing positions is $14.34 million, down roughly 30% from $20.29 million 12 hours ago. Papertrade is a fully on-chain synthetic perpetual trading platform deployed on HyperEVM. It fetches prices from the mid-price of Hyperliquid’s order book’s Best Bid/Offer (BBO), with users trading directly against the protocol’s liquidity providers (LPs) instead of relying on traditional order book matching. The protocol’s key features include high leverage, zero slippage, and no funding fees. Its native token PAPER has an initial supply of zero, with no pre-mining, team, or venture capital (VC) allocations. The only source of token minting is user losses or liquidations. During its early launch phase, the token is not freely transferable and is primarily used for staking.

HIP-3 market deployer Trade.xyz spent 584.87 HYPE (approximately $49,800) to acquire the code "RELIANCE", and may soon launch its perpetual contracts. RELIANCE corresponds to the stock of Reliance Industries, a large Indian conglomerate with businesses spanning energy, telecom, retail and other sectors.

According to ABC News, Ukrainian President Zelenskyy said in response to U.S. President Trump that he would hold Ukrainian elections if Russian President Putin agrees to a 60-day ceasefire.

US Treasury Secretary Bessent said US President Trump expects no military conflicts to occur before the midterm elections. He noted that diesel trade with Russia is beneficial to Americans, adding that the US will use all legal authorities to conduct diesel transactions with Russia.