Will Druck Kick Off The Next Phase of Crypto's Bull Market?

The Empire hosts break down the wave of traditional finance and tech giants moving deeper into crypto infrastructure. They analyze Stanley Druckenmiller’s apparent investment via TradeXYZ, ICE’s plans to offer Hyperliquid perpetuals to US users, and Google Cloud entering crypto custody. The episode also covers Y Combinator’s updated crypto startup wishlist, the four stages of a bull market, and a debate on whether AI advantages accrue to incumbents or if crypto-native startups can carve out niches. Dragonfly’s talent shakeup and the political landscape heading into midterms round out the discussion.