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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>.
Hayes: High-FDV tokens no longer surge after listing on Binance; launches fair-launch project Flop Labs
According to CoinWorld news, Flop Labs CEO Arthur Hayes said in his Token2049 speech that high-FDV, low-float tokens no longer surge after listing on Binance, and criticized the venture capital presale model. He proposed Flop Labs' 100% fair launch plan, with no presale and no VC allocation, and users can participate through the testnet to earn Flop. The genesis airdrop accounts for about 24.3% of the 10th-year supply (about 4.4 billion out of 18.1 billion tokens), and is planned to launch in late October or early November 2026, with the mainnet Genesis scheduled for the first quarter of 2027. Flop Labs is funded by Arthur Hayes personally, and Flop is not yet trading.
U.S. spot Bitcoin ETFs saw net inflows of $301 million this week, with BlackRock's IBIT taking in $566 million.
Biji Network data: This week, U.S. spot Bitcoin ETFs recorded a net inflow of $301.2 million, of which BlackRock's IBIT saw a net inflow of $565.7 million, FBTC a net outflow of $116.6 million, BITB a net outflow of $18.5 million, ARKB a net outflow of $99.6 million, EZBC a net inflow of $7.3 million, MSBT a net inflow of $6.5 million, GBTC a net outflow of $51.8 million, and BTC a net inflow of $8.2 million.
Ukrainian military: struck Russia's leading optoelectronic equipment manufacturer located in Oryol
Ukrainian military: struck Russia's leading optoelectronic equipment manufacturer located in Oryol, according to CoinWorld news.
VIX期权Put/Call比报0.48
Coin World US stock data: The VIX options Put/Call ratio is 0.48, with call option trading volume higher than put option volume on the day. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.07; compared with the same-caliber snapshot 7 days ago, it rose by 0.16.
Darkfost: Bitcoin spot ETFs saw net inflows of 5,183 BTC this week, turning cumulative net flows positive for 2026.
According to data from Bijie.com, analyst Darkfost pointed out that spot Bitcoin ETFs recorded a net inflow of 5,183 BTC this week, turning the cumulative net flow for 2026 positive, with cumulative net inflows reaching 10,784 BTC since January.
The Monetary Authority of Singapore announces the expansion of the bloom cross-border digital currency settlement initiative.
Singapore's central bank announced the expansion of the bloom cross-border digital currency settlement initiative, with Bank Negara Malaysia and the Bank of Thailand joining as policy-making members. bloom is a public-private partnership initiative covering regulated stablecoins and tokenized deposits, with participants including Mastercard, Visa, Nium, Ripple, Circle, Coinbase, Airwallex, Maybank, Monee, ShopeePay, and the World Bank Group. The initiative will study the receipt of different forms of currency, inter-institutional contracting, settlement, and system connectivity, and will implement identity verification and sanctions screening through programmable controls, with applications covering payments, corporate treasury, and trade finance.
The Monetary Authority of Singapore announces the expansion of the Project Bloom, with the central banks of Malaysia and Thailand joining.
CoinWorld news, the Monetary Authority of Singapore announced on October 24 that the bloom cross-border digital currency settlement initiative has been expanded, with Bank Negara Malaysia and the Bank of Thailand joining as policy-making members. bloom covers regulated stablecoins and tokenized deposits, and its participants include Mastercard, Visa, Nium, Ripple, Circle, Coinbase, Airwallex, Maybank, Monee, ShopeePay, and the World Bank Group. Visa and Nium have been testing a seven-days-a-week stablecoin settlement pilot since August 25, and Ripple and ARF announced on October 22 that they would provide settlement financing using the Ripple USD stablecoin RLUSD.
Italian police dismantle mafia underground banking network involved in $76.29 million in cryptocurrency money laundering.
According to CoinWorld news, Italy's financial police have dismantled an underground banking network linked to the mafia, arresting 30 people. The organization issued 110 million euros in fake invoices through shell companies, involving an amount of $123.45 million, and laundered $76.29 million through cryptocurrency exchanges. Authorities plan to confiscate 21 million euros in assets, and police in Spain and Switzerland are assisting in tracking down related suspects.
An Argentine judge has dropped the investigation into Milei over a cryptocurrency case.
A federal judge in Argentina announced on October 23 the dismissal of the criminal investigation into President Milei and others in the $libra cryptocurrency case. Milei responded on social media, saying he would seek compensation for damage to his reputation.