According to BlockBeats, on July 11, JPMorgan Chase is testing an AI agent that can autonomously adjust the proportion of its stock and bond investments to dynamically adjust its portfolio based on changes in market conditions.

Test results show that, in a 20-year historical backtest, the best-performing AI model achieved an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also exhibiting lower volatility. All eight AI agents tested by JPMorgan Chase achieved higher risk-adjusted returns.

However, JPMorgan Chase stated that the results are based on simulation tests and do not represent actual investment performance. The bank also warned that the widespread application of AI could lead to convergent trading strategies, increased market congestion, and amplified market volatility under stress.

According to BlockBeats, on July 11, the China Securities Regulatory Commission (CSRC) website showed that it updated the progress report (first phase) of the IPO guidance work for Yangtze Memory Technologies Co., Ltd. on July 10. CITIC Securities and CITIC Construction Investment Securities jointly dispatched a guidance team of 31 people. The guidance period is from May 19 to June 30, 2026, and the guidance work will be carried out through various methods such as on-site due diligence, organizing centralized lectures, and communicating on specific issues.

The next phase of guidance will focus on two aspects: First, promptly coordinating with various intermediary agencies to discuss and determine standardized solutions for any issues discovered during the process, and urging the company to earnestly implement rectification requirements. Simultaneously, the guidance team will continue to urge the company to improve its corporate governance and internal control systems, enhancing its level of standardized operation. Second, urging the company to deeply understand the laws, regulations, and rules regarding IPOs and standardized operations, and to be aware of its responsibilities and obligations regarding information disclosure and fulfilling commitments. (Jinshi)

According to BlockBeats, on July 11th, Jamie Coutts, Chief Crypto Analyst at Real Vision, stated that Bitcoin may be entering the later stages of this bear market. While the bear market is not yet over, downward momentum has begun to weaken. The current BTC price is approximately 50% lower than its all-time high of $126,100 reached in October 2025.

Coutts described the current trend as a "typical bear market," noting that Bitcoin volatility has decreased by about 50% compared to the previous cycle, suggesting that this decline may not be as severe as previous bear markets. However, he cautioned that all current trend indicators remain clearly bearish, and the market will not mechanically replicate historical cycles.

He stated that longer-term momentum indicators are beginning to show bullish divergence, suggesting that negative momentum is slowing, but this does not mean that Bitcoin has technically exited the bear market. Besides tightening global liquidity, deteriorating on-chain demand was also a significant reason for Bitcoin's previous decline.

Regarding long-term price predictions, Coutts is cautious about Bitcoin reaching $1 million by 2030. He prefers to predict BTC will rise to $200,000 to $250,000 within the next two to three years. He also warns that the Bitcoin community needs to address the potential threat of quantum computing more clearly before 2027, as major protocol upgrades could take approximately five years.

According to BlockBeats, on July 11th, the probability of Bitcoin reaching $70,000 this year, as predicted on the prediction market platform Polymarket, rose to 79% (compared to 54% on June 26th). Furthermore, the probability of it reaching $80,000 is 32%, and the probability of it reaching $90,000 is 19%.

According to BlockBeats, on July 11, The Kobeissi Letter reported that assets under management of US-listed ETFs have risen to a record $15.6 trillion, doubling in the past 30 months.

So far this year, investors have allocated more than $1 trillion to U.S.-listed ETFs, nearly double the record set in the same period in 2025. At the current rate, total inflows for the year are expected to exceed $2 trillion for the first time, about 33% higher than last year's record high.

In June alone, US ETFs attracted approximately $193 billion in inflows, the second-highest monthly inflow on record. This demand was primarily concentrated in ETFs related to US large-cap stocks, semiconductors, AI, and the South Korean market, indicating accelerating growth in the US ETF market.