XLM price fluctuation, up 51.36% in 24H, now reported at $0.5134

According to BlockBeats, on November 24th, Musk posted a picture on his social media platform stating that he likes the "WOULD" meme. Affected by this news, the meme coin with the same name briefly rose. According to GMGN data, the meme coin with the same name, created 123 days ago, has surged over 400 times in a short period of time, with a current market value of $4.5 million. BlockBeats reminds users that there are currently no actual use cases for Meme coin, and its price fluctuates greatly. Investors should be cautious.

Odaily Planet Daily News: NEO founder Da Hongfei posted on X that the US House of Representatives has passed a landmark Bitcoin bill (176-26), which is reshaping cryptocurrency regulation. It is mentioned that Bitcoin is now officially recognized as a "value storage" asset, similar to digital gold, while ETH is still classified as a utility token. This clear distinction brings enormous opportunities, which in practice means: -Banks can now officially hold Bitcoin as a reserve asset; -Local and federal governments have clear guidelines for BTC reserves; -Institutions have finally obtained the regulatory clarity they need; -The global market may follow this framework. This is not just another regulation, but also the foundation for Bitcoin's integration into traditional finance. Please pay attention to the implementation details and new institutional policies in the coming months.

Odaily Planet Daily News: Lin Chen, the head of Deribit's Asia Pacific business, stated in an article on X that BTC ETFs have performed strongly this week, with net inflows of $3.335 billion and a net increase in holdings of 26861.87 BTC. Among them, BlackRock IBIT continued to lead the increase in holdings, absorbing 19972.17 BTC in a single week, accounting for 72.3% of the total increase in holdings. Except for a slight outflow of grayscale on Thursday and Friday, all other institutions maintained a net inflow. Analysis indicates that market sentiment this week has largely revolved around the narrative of MSTR, with a current greed index of 80 and strong purchasing power.

Odaily Planet Daily News: European Central Bank Managing Director Villeroy stated in an interview that the decline in inflation has enabled the European Central Bank to lower interest rates. In addition, the rate of price increases is lower than the average wage level, which is also one of the factors contributing to interest rate cuts. Villeroy emphasized that the interest rate policy decisions of the European Central Bank are independent of those of the Federal Reserve. The evidence is that the European Central Bank began lowering interest rates in early June, while the Federal Reserve only lowered rates three months later. As inflation decreases, we will be able to continue cutting interest rates. Currently, the market generally expects the European Central Bank to cut interest rates by 25 basis points at its next meeting in December, but weaker data raises the possibility of a 50 basis point rate cut. (Golden Ten)

According to Foresight News, around 22:30 on November 23, Binance's WBTC/USDT trading pair experienced a flash crash, with prices briefly falling to $5209 before quickly returning to normal levels. The trading volume surged from less than 1 WBTC per day to 88.6 WBTC per 15 minutes.