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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>.
TS Lombard: An AI crash could cause the S&P 500 to fall 30%
Coin World news, TS Lombard warns that a collapse in AI spending could trigger a 30% drop in the S&P 500, which would wipe out about $20 trillion in value from the U.S. stock market. Over the past 14 trading sessions, semiconductor stocks have already fallen nearly 20%, suggesting we may be more vulnerable to the AI trade than the broad index. The largest companies in $SOXQ are large enough for an AI downturn to drag down the broader market.
ETH/BTC比率报0.029065
According to Bijie.com data: market prices at the same point in time show that 1 ETH is approximately equal to 0.029065 BTC.
Tether has gained the support of 15 Bitcoin mining giants.
According to Cointelegraph, Tether has recently gained support from 15 Bitcoin mining giants, including Bitmain, MicroBT, and Foundry, to promote its open-source mining toolkit. The ultimate goal is to enable AI agents to run mining farms.
Israeli Prime Minister Netanyahu: The Israeli election on October 27 is a battle for Israel's survival, and continuing to lead Israel is crucial for confronting the Iranian threat.
CoinWorld news, Israeli Prime Minister Netanyahu: The Israeli election on October 27 is a contest over Israel's very existence, and continuing to lead Israel is crucial for confronting the Iranian threat.
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.