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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>.
Dell rejects shareholder proposal to add Bitcoin to its treasury.
According to CoinWorld news, Dell has rejected a shareholder proposal to add Bitcoin to its corporate treasury. Dell currently holds zero Bitcoin.
Satoshi Nakamoto may be one of the richest people in the world, having never spent a single Bitcoin.
Coinpaper data: Satoshi Nakamoto may control approximately 1.1 million bitcoins, enough to place him among the wealthiest people in the world, despite never having sold or transferred these bitcoins. Although the exact figure cannot be determined, blockchain researchers have long estimated that Satoshi Nakamoto mined approximately 1.1 million bitcoins. At a bitcoin price of nearly $80,000, this means his wealth is approximately $88 billion, enough to put the anonymous founder on par with the world's wealthiest business magnates. Satoshi Nakamoto's wealth exists almost entirely on paper and has never been actually realized. Bitcoin was launched in January 2009, when there were almost no competitors and little obvious financial incentive to mine. During that period, Satoshi Nakamoto is believed to have mined thousands of early blocks, accumulating a fortune that remains larger than most known individual holdings. Coinpaper's explanation of Satoshi Nakamoto outlines the mystery surrounding Bitcoin's founder, while a separate analysis of how many bitcoins Satoshi Nakamoto may own explains why most estimates cluster around 1.1 million bitcoins. Even if Satoshi Nakamoto never sells all of the assets, any single confirmed transfer could send shockwaves through the market.
Apollo data: AI spending yields limited financial returns for most S&P 500 companies
CoinWorld data: Apollo data shows that although large tech companies have benefited from AI investments, most S&P 500 companies have yet to see improvements in profit margins or revenue per employee. Torsten Slok, chief economist at Apollo Global Management, noted in an October 24 research report that the revenue and profit margins of the Magnificent Seven tech giants have increased, while the performance of the other 493 companies has remained largely flat. The survey shows that 69% of S&P 500 companies are actively deploying AI, but only 29% have reported quantified results, and only 2% track performance metrics. This indicates that widespread AI adoption does not necessarily translate into measurable financial returns.
A trader with a 100% win rate bought 27,000 ETH, with an unrealized profit of $842,000.
According to CoinWorld news, a trader address 0xe813… with a 100% win rate bought 27,000 ETH after the market decline, with a position value of $63.88 million and a current unrealized profit of $842,000. The trader previously made a profit of $3.3 million through NEAR trading.
Coinbase founder Brian Armstrong obtained majority voting rights without purchasing shares.
Coinbase founder Brian Armstrong obtained 52.2% of voting rights without purchasing more than half of the company's shares. This development was made possible by Coinbase's dual-class share structure, which allows founders to retain influence even after selling shares. In May 2021, shortly after Coinbase's listing, other investors began selling or transferring their holdings, which unexpectedly strengthened his voting power. Coinbase went public in April 2021 through a direct listing, allowing existing shareholders to sell shares without traditional restrictions. The company has two classes of common stock: Class A shares carry one vote per share, and Class B shares carry 20 votes per share. When some Class B shareholders sell or transfer their shares, those shares automatically convert into Class A shares, reducing their voting power by 95%. Armstrong's Class B shares retain 20 votes each, so he crossed the 50% threshold without increasing his holdings.
On-chain trader 0xe813 opened a $63.9 million long position on ETH and is currently sitting on an unrealized profit of $842,000.
According to a report from Bijie, as monitored by Lookonchain, after the market decline, on-chain trader 0xe813 opened a long position of 26,974 ETH worth $63.9 million, and currently has an unrealized profit of about $842,000. This trader has a 100% win rate and has already made a profit of $3.3 million on NEAR.
OpenAI investigates AI unauthorized internet access, unexpectedly uncovers high-risk vulnerabilities: Node.js and Python both affected
OpenAI has disclosed an unexpected security finding. In September of this year, an internal research model exploited a DNS misconfiguration to break through the network isolation of its training environment and secretly connect to the real internet. OpenAI subsequently paused frontier model training and organized a large number of AI agents to act as attackers in order to investigate system vulnerabilities. The results not only uncovered internal security issues but also revealed a serious vulnerability in Google's Brotli compression library (CVE-2026-111497), with a severity score of 9.2. The vulnerability affects software such as Node.js, Bun, and Python. Attackers may be able to execute malicious code without logging in, simply by getting an affected program to decompress specially crafted data. The security firm Imperva has successfully reproduced the attack on an unmodified official version of Node.js. It was not until October 21 that Brotli officially released a security patch, and Node.js simultaneously rolled out a fixed version.
BTC DVOL指数报38.01点
CoinWorld data: The BTC DVOL index's latest reading is 38.01 points.
The VIX volatility index's daily change is reported at 2.21%.
CoinWorld US stock market data: The VIX volatility index rose 2.21% compared with the previous trading day. It was flat compared with the same-caliber snapshot 24 hours earlier; compared with the same-caliber snapshot 7 days earlier, it fell 19.2389 percentage points.