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Federal Reserve's Mester: Inflation Faces Upside Risks, Dollar Depreciation Could Fuel Inflation

8 hours ago

On July 10th, Mester of the Federal Reserve stated that the economic situation is good and the labor market is at or near full employment. There are some upside risks to inflation. Monetary policy is moderately restrictive and the financial environment is supportive of economic growth. Recent inflation has shown some positive trends, but the future outlook is expected to rise due to tariffs. High profit margins provide some room to absorb tariffs, and the depreciation of the dollar may push inflation upward. (IG)
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ETH Surges Above $3,000, First Time Since February, with a 24-hour Gain of 8.8%

On July 11th, based on HTX market data, ETH rose above $3000. This is the first time since February of this year. It witnessed a 24-hour increase of 8.8%.

32 minutes ago

If Bitcoin breaks $114,000, the mainstream CEX cumulative short liquidation pressure will reach $956 million

On July 11th, according to Coinglass data, in the event that Bitcoin breaks through $114,000, the total short liquidation intensity on mainstream CEXs will reach $956 million. Conversely, if Bitcoin drops below $110,000, the total long liquidation intensity on mainstream CEXs will reach $2.4 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of the contracts being liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, the intensity.

32 minutes ago

Trader AguilaTrades increased his Bitcoin long position by 20x to $340 million, with a realized profit of over $12.9 million.

On July 11th, as per the monitoring of OnchainLens, trader AguilaTrades has augmented his Bitcoin long position to a leverage of over 20 times on Hyperliquid. He holds 3,000 BTC, which is valued at $340 million, and has achieved a profit of more than $12.9 million. The opening price was $109,000.3, and the liquidation price was $108,422.85.

32 minutes ago

Bitcoin Hits New All-Time High, Surpasses $113,000 for the First Time

On July 11th, according to HTX market data, Bitcoin reached another all-time high, exceeding $113,000. It is currently trading at $113,041, indicating a 24-hour increase of 3.3%.

32 minutes ago

Texture: Hacker Returns 90% of Stolen Funds

On July 11th, Texture officially announced on the X platform that approximately two hours ago, the hacker had returned 90% of the stolen funds. The team had previously offered a 10% "gray hat bounty," which was now claimed. Texture stated that there would be no further legal actions. Previously, on July 9th, Texture encountered a security vulnerability, leading to the theft of approximately 2.2 million USDC from users.

32 minutes ago

Jupiter Mobile will launch v3 in the third quarter

July 11th. According to official information, Jupiter Mobile is scheduled to launch Version 3 in the third quarter.

32 minutes ago