Stellar Lumen's XLM Token Down 6% Amid Heavy Sell Pressure
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Stellar Lumens (XLM) slid 6.25% amid heavy institutional liquidation, even as the network’s latest protocol upgrade strengthened its enterprise-grade transaction capabilities.
[Bitcoin-Holding Companies' Stock Price Crash Causes Retail Investors to Lose Approximately $17 Billion]
The latest report from 10X Research reveals that the stock price crash of Bitcoin-holding companies has led to retail investors losing approximately $17 billion. The report points out that these companies indirectly invest in Bitcoin by issuing shares at high premiums, but their stock prices have now significantly plummeted. Taking Strategy as an example, its stock price premium has dropped from the previous 3-4 times to 1.4 times. The research suggests that such companies should transition to an asset management model to move away from relying on inflated net asset values as an operational approach, in order to address market capitalization compression and profitability challenges.
[‘Unlock’ QAI to unlock 340,000 tokens, accounting for 3.417% of total supply] QAI will unlock 340,000 tokens today, valued at approximately $30.68 million, accounting for 3.417% of total supply. The current circulation is 7.63 million tokens, with a total supply of 10 million tokens.
The current total position of OKX BTC options contract is 32270.87 BTC, with a decline of 8.26% in the past 24 hours, indicating a decrease in the activity of the options trading market. Data for reference only
Interpretation: Option holding refers to the total number of unexercised option contracts in the market, which can reflect the current market's views and expectations on the future price trend of a certain underlying asset. Data for reference only
[Bank of England Plans to Implement Stablecoin Regulatory Rules by the End of 2026]
According to reports, the Bank of England will launch a stablecoin regulatory consultation on November 10, aiming to establish a comprehensive regulatory framework by the end of 2026. The new rules will align with relevant U.S. regulations, focusing on bonds supporting digital assets to address potential risks to financial stability caused by the proliferation of digital currencies.