BlockBeatNews

BlockBeats news, July 11: Deutsche Bank said that after several weeks of relatively quiet Federal Reserve officials’ remarks, next week will see a wave of intensive speeches ahead of the blackout period.

The most watched is: Waller will kick off the lineup with a speech at the New York Association for Business Economics on Monday; Chair Waller will testify on Tuesday and Wednesday; and multiple officials will deliver outlook remarks after the release of the June CPI data (Cook on Wednesday, Vice Chair Jefferson, Logan of the Dallas Fed, and Schmid of the Kansas City Fed on Friday).

It is expected that Waller will reiterate his recent position, while staying silent on future policy actions. Meanwhile, Waller is usually more willing to spell out his policy reaction mechanism and outlook in detail, so his remarks will be closely watched to capture any signals about his policy inclinations.

For outlook speeches, the market focuses on how officials interpret this week’s inflation data, and whether there are any officials in the group who will give clues about how the future policy path should be understood.

BlockBeats, July 11: Citrini analyst jukan posted on X, saying that after Apple pledged to use Intel foundries, it received a semiconductor tariff exemption. Apple will not only produce Mac chips using Intel foundries, but will also produce iPhone chips.

BlockBeats message, July 11: Hyperliquid today launched contract trading for the Robinhood Chain meme coin CASHCAT, which has been exploding in popularity this week. Before this, there had been no new coin launched for nearly 3 months; the last time a contract was launched was April 22 for CHIP. This year, with the market in a bearish trend, Hyperliquid has clearly slowed the pace of launching native token contracts.

BlockBeats report, July 11: According to monitoring by Onchain Lens, a whale deposited about $450k to Hyperliquid. Within one hour of CASHCAT launching on Hyperliquid, it shorted 1.11 million CASHCAT using 3x leverage on the CASHCAT platform ($222.2k), with an opening price of $0.195336 and a liquidation price of $0.531304, floating loss of $4,400.

BlockBeats message: On July 11, Hyperliquid announced the launch of Robinhood Chain Meme coin CASHCAT contract trading, supporting up to 3x leverage.

The White House confirmed on the 10th that Trump had removed two sitting members of the U.S. Election Assistance Commission from their posts, and said it retains the power to remove them, claiming that the relevant personnel may not have fully committed to ensuring election security and counting every valid vote. The statement did not provide specific reasons; according to Xinhua News Agency, some media reported that the commission had previously rejected a request from Trump to provide proof of citizenship on voter registration forms nationwide for an executive order he signed.

BlockBeats news: On July 11, according to Onchain Lens monitoring, a whale deposited about $500k into Hyperliquid and opened a short position of 6,914 ETH using 25x leverage ($12.43 million). The entry price was $1,790.36, the liquidation price was $1,825.58, the current unrealized loss is about $50.7k, and it is only 1.55% away from liquidation.

BlockBeats report, July 11: According to Lookonchain monitoring, a trader successfully profited over $1 million on CASHCAT. They spent 0.49 ETH ($838) to buy 15.04 million CASHCAT, then sold for 580 ETH ($1.04 million), with profits of over $1 million (1,183x). If they held until now, the profit could reach $2.9 million.

BlockBeats message, July 11: According to Onchain Lens monitoring, a whale un-staked 440.822 BTC (about $28.27 million) from Core DAO and transferred it to a new wallet within 1 hour.

BlockBeats news, July 11: According to FarsideUK data, on July 10 Bitcoin spot ETFs had total net inflows of $90.4 million, including BlackRock’s IBIT net inflows of $86.8 million and VanEck’s HODL net inflows of $3.6 million.

Ethereum spot ETFs had total net inflows of $18.4 million, including BlackRock’s ETHA net inflows of $16.2 million and Fidelity’s FETH net inflows of $2.2 million.

> TL;DR
> · SpaceXAI released Grok 4.5 on July 8 and integrated it with Cursor, Grok Build, and the API.
> · It may not be universally leading OpenAI or Anthropic, but low pricing is testing a premium for high-end APIs.
> · Related exposures: SpaceX/SPCX exposure, OpenAI and Anthropic-related proxies, and AI developer tooling stack.

SpaceXAI released Grok 4.5 on July 8 and integrated it into Grok Build, Cursor, and the SpaceXAI/xAI API. The official documentation shows that Grok 4.5

> TL;DR
> · Goldman Sachs maintains a Buy rating on Microsoft and a $610 price target, implying approximately 59% upside based on the stock price as of July 9.
> · Azure growth remains the core theme of the earnings report. Goldman expects Q4 growth of 40%-41%, higher than the company’s prior guidance.
> · Higher capital expenditures may amplify the debate over returns. Whether Copilot’s fee monetization, Maia chips, and new capacity ramp-up can be delivered still remains to be proven.
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Ahead of Microsoft’s Q4 earnings report on July 29, Goldman Sachs reiterated its Buy rating and set a 12-month price target of $610, while also raising its expectations for long-term capital expenditures. For investors, the focus of the earnings report is not whether Microsoft is an AI winner, but whether Azure can maintain high growth as it continues to ramp up compute— and whether higher

BlockBeats July 11 said that due to weak market conditions, the combined issuance of USDT and USDC fell by about $13.9 billion, with USDT down by about $7.4 billion and USDC down by about $6.5 billion. Despite the drop in issuance, the use of stablecoins in real economic scenarios is still growing: in the first half of this year, real-economy transaction volume reached $8.82 trillion, with USDT contributing more than half. Meanwhile, on the Tron network, USDT issuance rose to a historical high of about $90.3 billion, increasing by about $2.0 billion over the past month, indicating that the issuance pullback led by Ethereum DeFi is being offset by steady demand growth on Tron in scenarios such as cross-border payments.

BlockBeats reports: On July 11, U.S. President Trump said that 1,000 missiles have been locked onto their targets and aimed at Iran. If the Iranian government dares to carry out any action in response to threats it has made in multiple places worldwide about assassinating or attempting to assassinate the current U.S. president, thousands of more missiles will be on standby. I have issued orders; the U.S. military is ready, willing, and fully capable. Within one year (extendable), it will completely destroy Iran throughout its entire territory. (Jin10)

BlockBeats news: On July 11, according to official information, Lighter has completed the historical buyback token burn it previously announced, totaling 15,638,702 LIT tokens burned. These tokens will be permanently removed from circulation.

BlockBeats reports that Coinbase engineering leader Brock Miller has left after 8 years at the company and has officially joined Anthropic, serving as a member of the technical team. He said that joining Coinbase in 2018 was a key decision in his career, where he worked on multiple leading products in the industry and witnessed the growth of the crypto industry; he also said that AI is profoundly changing software engineering, and in the future he will drive the development of AI technology at Anthropic.

BlockBeats news: July 11, according to official announcements, on-chain data visualization analytics platform Bubblemaps has announced that it has added support for the Robinhood chain, and it is currently in the testing phase. Users can track token holder distributions in real time, identify whale addresses, and reveal relationships between wallets.
In addition, users can look back at historical data for any token, view how the holding structure has evolved, and identify hidden wallet clusters and patterns in fund flows.

Circle announces open-sourcing the Agent Stack starter kit. Developers can integrate wallets, USDC payments, and on-chain actions into AI agents, supporting mainstream frameworks including OpenAI Agents SDK, Anthropic Agent SDK, LangChain Deep Agents, Mastra, Vercel AI SDK, and Google ADK. Developers can clone example projects directly based on the framework they use to quickly build AI agent applications.