Overview of Important Developments on July 11th Midday

7:00-12:00 Keywords: Trump, Federal Reserve, CLOUD, Solana

1. Trump to speak at the 2024 Bitcoin Conference;

2. Federal Reserve Chairman reiterates: Custodial assets are not part of the balance sheet;

3. Sanctum: CLOUD airdrop claim will open on July 18;

4. Former Bloomberg analyst: BTC hash rate is on a downward trend;

5. US commodity regulator urges swift action on cryptocurrencies;

6. US Democratic leader calls on Biden and his campaign team to prove they can win the election;

7. Nansen: Coinbase Ventures has purchased $2.7 million worth of AERO tokens;

8. Bloomberg senior ETF analyst: Solana ETF may be approved by mid-March 2025 at the latest;

9. The average trading volume of the 7 largest Bitcoin ETFs increased by 72% from July 4 to 10 compared to the beginning of the month.