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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>.
VIX收报19.45点，VXN收报28.3点
CoinWorld US stock data: End-of-day data shows that on the 2026-10-23 trading day, the VIX closed at 19.45 points, and the VXN closed at 28.3 points.
The number of advancing stocks listed on the Nasdaq stands at 2,773.
CoinWorld US stock data: Nasdaq advancers for the day totaled 2,773. Compared with the same-scope snapshot 24 hours earlier, this is down 15.69%; compared with the same-scope snapshot 7 days earlier, it is up 140.5%.
Israel's prime minister is considering using cryptocurrency to circumvent bank sanctions.
According to a report from Bijie.com, Israeli Prime Minister Netanyahu said that the use of cryptocurrency is being considered to circumvent possible bank sanctions. He pointed out that Israel must prepare its economy to be able to bypass bank sanctions and is studying relevant currencies. He mentioned that blockchain technology is one of them and has requested that relevant plans be formulated.
The daily snapshot of the total stablecoin market capitalization reported 304.557 billion USD.
CoinWorld data: The daily snapshot for 2026-10-24 shows that the total circulating market capitalization of stablecoins within the statistical scope was 304.557 billion USD.
The UK has allocated £100 million to establish an AI biosecurity laboratory.
According to a report from Bijie Network, Caixin reported on October 24 that the United Kingdom announced £100 million (equivalent to $134 million) in funding to build an AI biosecurity laboratory, supported by OpenAI, Anthropic, and Google DeepMind. The initiative aims to enhance the UK government's ability to understand and respond to AI-related risks. The laboratory will use AI to identify and monitor biological threats, while OpenAI and Anthropic will provide up to £200 million in AI model computing power. The government has also allocated £65 million for research and development of pathogen response measures. UK AI Minister Kanishka Narayan said that as AI capabilities continue to grow, the UK must have the ability to protect its citizens and shape its own future. The announcement also includes an additional £120 million in funding for the AI Safety Institute, the government agency with the highest funding level, whose core work is the continuous evaluation of frontier AI models.
A trader liquidated 20.06 million AI tokens for a profit of $2.14 million, causing the token price to drop 15%.
According to CoinWorld news, a trader liquidated 20.06 million AI tokens 2 hours ago, swapping them for 461 ETH (about $1.09 million), causing AI to plummet 15% instantly. The trader made a profit of $2.14 million on AI, with an investment cost of $980,000 and total sale proceeds of $3.12 million.
The UK will invest £600 million in AI safety to guard against emerging biological threats.
CoinWorld news: The UK government announced on Saturday that it will invest approximately £600 million (about $800 million) to strengthen AI safety, with a focus on guarding against biological, health, and cybersecurity threats posed by AI. Of this, £100 million will be used to build an AI biosecurity laboratory, and £65 million will be allocated to research and develop pathogen response measures. OpenAI and Anthropic will provide up to £200 million in model usage credits, and companies such as Google DeepMind will also provide support. The existing AI Safety Institute will receive an additional £120 million, and a further £130 million will be used to strengthen cyber defenses for critical infrastructure and the broader economy. In addition, the government will allocate £60 million to invest in AI robotics, automation, and manufacturing companies, and to support AI research, chip design, healthcare policy innovation, and local AI projects. UK AI Minister Kanishka Narayan said the government hopes to build the AI biosecurity laboratory into a major institution with global influence, bringing together the world's top scientific research capabilities to protect the public from emerging biological threats.
The UK will invest £600 million in AI safety to guard against emerging biological threats.
CoinWorld news: The UK government announced on Saturday that it will invest approximately £600 million (about $800 million) to strengthen AI safety, with a focus on guarding against biological, health, and cybersecurity threats posed by AI. Of this, £100 million will be used to build an AI biosecurity laboratory, and £65 million will be allocated to research and develop pathogen response measures. OpenAI and Anthropic will provide up to £200 million in model usage credits, and companies such as Google DeepMind will also offer support. The existing AI Safety Institute will receive an additional £120 million, and a further £130 million will be used to strengthen cyber defenses for critical infrastructure and the economy as a whole. The government will also allocate £60 million to invest in AI robotics, automation, and manufacturing companies, and to support AI research, chip design, healthcare policy innovation, and local AI projects. AI Minister Kanishka Narayan said the government hopes to build the AI biosecurity laboratory into a major institution with global influence, bringing together the world's top scientific research capabilities to protect the public from emerging biological threats.
CFTC: Nasdaq-100 futures institutional positions update
CoinWorld US stock data: The weekly report shows that as of 2026-10-20, Nasdaq-100 futures open interest was 285,882 contracts. Asset management institutions were net long 78,767 contracts. Leveraged funds were net short 7,688 contracts.