PANews reported on July 11 that according to Cointelegraph citing Coinglass data, on July 10, $2.42 billion in short positions were liquidated, which was the largest single-day loss in four years, while the price of Bitcoin soared to $118,000, a record high.




US President Donald Trump and UK Prime Minister Keir Starmer signed a memorandum of understanding on Thursday during Trump's state visit to the United Kingdom. The United States and the United Kingdom signed a memorandum of understanding on Thursday to jointly develop artificial intelligence, nuclear energy, telecommunications and quantum computing for a wide range of uses including space travel, military defense, targeted biomedical drugs and medical procedures.The MOU, which is not legally binding and changes no existing agreements between the two countries, proposes joint research initiatives between a host of government departments and agencies in both countries to study these emerging technologies.The two countries will form a task group to develop quantum computing hardware, software, algorithms and interoperability standards, according to the MOU.Read more