News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →Pepe (PEPE) Rises 11% Daily: Further Pump or Correction on the Way?
The frog-themed meme coin has defied the latest market correction, pumping double digits today (October 23) and reaching a monthly high. Some analysts believe the price could rise further in the short term, but key factors suggest the move hasn’t been healthy and might be followed by a pullback. PEPE is one of the top-performing cryptocurrencies today and currently trades near $0.000005076. Its market capitalization has surged past $2.13 billion, making it the 50th-largest cryptocurrency and, once again, the fourth-biggest meme coin. Recall that yesterday (October 22), MemeCore (M) briefly took that position after <a href="https://cryptopotato.com/memecore-m-flips-pepe-pepe-after-pumping-25-in-a-day-details/" rel="nofollow" target="_blank">posting</a> a significant price increase. <a href="https://x.com/TokenTalk3x/status/2112826521102721179" rel="nofollow" target="_blank">According</a> to Token Talk, PEPE’s bulls have “one job right now”: push the token’s market cap above $2.21 billion. “The daily structure has improved massively from the summer lows, but resistance is resistance until proven otherwise,” the analyst added. X user Sjuul | AltCryptoGems also <a href="https://x.com/AltCryptoGems/status/2113248262987870219" rel="nofollow" target="_blank">issued</a> a bullish thesis, saying he still likes the PEPE chart, which is showing signs of “relative strength.” He believes buyers must now hold that flipped support/resistance level to trigger an additional potential pump. For his part, Crypto With Gopal <a href="https://x.com/cryptowithgopal/status/2113563112704192922" rel="nofollow" target="_blank">claimed</a> that PEPE has flashed an inverted head-and-shoulders reversal, with price pushing toward the $0.0000050-$0.0000053 neckline zone. He said a confirmed breakout could trigger a powerful recovery move and argued that bullish momentum has been building. Despite the impressive uptick, PEPE remains a meme coin, making it especially vulnerable to speculation and volatility, so a short-term correction wouldn’t be a surprise. The token’s Relative Strength Index (RSI) supports that scenario. The technical analysis tool runs from 0 to 100, where anything above 70 means that PEPE has entered overbought territory and could be headed for a pullback. Conversely, readings below 30 are typically seen as buying opportunities. Recently, the ratio exploded to 94. PEPE’s exchange netflow is also worth monitoring. Inflows have dominated outflows lately, suggesting investors have shifted from self-custody to centralized platforms, increasing immediate selling pressure. The post <a href="https://cryptopotato.com/pepe-pepe-rises-11-daily-further-pump-or-correction-on-the-way/" rel="nofollow" target="_blank">Pepe (PEPE) Rises 11% Daily: Further Pump or Correction on the Way?</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow" target="_blank">CryptoPotato</a>.
Datadog is set to acquire cloud security startup Upwind for nearly $4 billion.
CoinWorld news: Datadog plans to spend nearly $4 billion to acquire cloud security startup Upwind, valuing the deal at 80 times its annual recurring revenue.
The long-to-short ratio of SOL whale accounts is 3.4703.
CoinWorld data: The latest 4-hour snapshot for SOLUSDT shows that among the top 20% of accounts by margin balance, the long-short account ratio is 3.4703, with more net long accounts among large holders. Compared with the same-metric snapshot 24 hours earlier, it rose by 0.3585; compared with the same-metric snapshot 7 days earlier, it rose by 0.6709.
The long-to-short ratio of ETH whale accounts is 3.0193.
CoinWorld data: The latest 4-hour snapshot for ETHUSDT shows that among the top 20% of margin balance holding accounts, the long-short account ratio is 3.0193, with more net long accounts among large holders. Compared with the same measure 24 hours ago, it is up 0.4144; compared with the same measure 7 days ago, it is up 0.8193.
BTC saw $160 million in liquidations over the past 24 hours.
CoinWorld data: BTC liquidations over the past 24 hours totaled approximately $160 million, with 5,227 liquidation orders recorded. This represents a 550.14% increase compared with the same-metric snapshot 24 hours ago, and a 1,981.19% increase compared with the same-metric snapshot 7 days ago.
Kremlin spokesman Peskov said that after agreement was reached on the humanitarian mission in Alexandrovka, Russian President Putin and U.S. President Trump currently have no plans to hold a new
Kremlin spokesman Peskov stated that after reaching agreement on the humanitarian mission in Aleksandrovka, Russian President Putin and U.S. President Trump currently have no plans to hold new talks. Contacts with the U.S. side continue at the working level.
The long-to-short ratio of BTC whale accounts is 2.3784.
BiJie Network data: The latest 4-hour snapshot of BTCUSDT shows that among the top 20% of accounts by margin balance, the long-short account ratio is 2.3784, with more net long accounts among large holders. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.2485; compared with the same-caliber snapshot 7 days ago, it rose by 0.5749.
Bitcoin's market capitalization share stands at 59.56%.
CoinWorld data: Under CoinWorld's unified market methodology, Bitcoin's market capitalization accounts for 59.56% of the total cryptocurrency market capitalization.
Cointelegraph: Bitcoin remains stable amid bad news, and the market is at a critical stage.
CoinWorld news, according to Cointelegraph, Bitcoin ($BTC) has remained stable amid a series of bad news, with its price hovering around $60,000, including a cold wallet hack, the probability of the Clarity Act passing dropping to 25%, and MicroStrategy selling Bitcoin. Meanwhile, gold and silver prices have fallen back to lows, while Bitcoin remains above its moving average, so he calls the current market the most important phase.
Cardone Capital以8万美元收购16枚BTC
Coin World news: Cardone Capital recently acquired 16 bitcoins at a price of $80,000 per coin.