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Overview of important overnight developments on July 11

21:00-7:00 Keywords: XMeta, Jonathan Gould, Shanghai, Ant International,

1. Ant International denies access to Circle;

2. BTC breaks through $116,500, hitting a new all-time high;

3. Ethereum Foundation announces restructuring of ecosystem development strategy;

4. U.S. Treasury officially cancels cryptocurrency broker reporting rules;

5. Hainan Huatie Hornet strategically invests in digital asset trading platform XMeta;

6. Fed's Daly: Expects two rate cuts in 2025, tariffs impact may be weaker than expected;

7. U.S. Senate confirms former blockchain industry executive Jonathan Gould as OCC director;

8. Shanghai State-owned Assets Supervision and Administration Commission holds a central group study meeting on the development trends and response strategies of cryptocurrencies and stablecoins.

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