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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>.
Bitcoin ETFs saw total net outflows of $137.89 million, with net inflows of $620.3 million so far in 2026.
CoinWorld data: On October 23, total net outflows from Bitcoin ETFs were $137.89 million, with net outflows of $310.1 million month-to-date and net inflows of $620.3 million year-to-date in 2026. Among them, BlackRock's IBIT saw net outflows of $110.3 million, Fidelity's FBTC saw net outflows of $31.78 million, Grayscale's GBTC and BTC (Mini) both saw $0 million, and Morgan Stanley's MSBT saw net inflows of $4.19 million.
BlackRock Bitcoin ETF saw a net outflow of 1,358 BTC, with year-to-date inflows reaching $3.96 billion.
CoinWorld data: BlackRock's Bitcoin ETF ($IBIT) saw a net outflow of 1,358 bitcoins on October 23, valued at approximately $110.3 million, with trading volume reaching $1.1 billion. BlackRock currently holds 809,780 bitcoins, with a net inflow of $755.1 million month-to-date and a net inflow of $3.96 billion year-to-date in 2026.
Ukraine has imposed a new round of sanctions on Russian missile and military-industrial supply chains.
According to a report from Bijie Network, the Ukrainian President's Office announced that President Zelensky has signed a presidential decree formally implementing a new round of sanctions approved by the National Security and Defense Council against Russia-related entities, with a focus on precisely targeting Russia's missile production and military-industrial supply chain system. This first round of sanctions covers a total of 95 targets, including 51 individuals and 44 legal entities, focusing on entities that provide support to Russia's defense industry. The sanctions cover equipment sectors such as military aviation, armored vehicles, missiles, and drones, and have now officially taken effect. Most of those placed on the sanctions list are key entities in Russia's long-range strike weapons supply chain, whose supplied raw materials and production equipment are mainly used to manufacture multiple missiles such as the "Iskander," "Kalibr," and "Kinzhal."
The long-to-short ratio of SOL whale accounts is 3.3215.
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 3.3215, with more net long accounts among large holders. Compared with the same-metric snapshot 24 hours earlier, it rose by 0.0662; compared with the same-metric snapshot 7 days earlier, it rose by 0.5307.
Ukraine's Ministry of Defense: Starlink and Starshield speeds restored
According to CoinWorld news, the Ukrainian Ministry of Defense stated that after two weeks of restrictions, the speeds of Starlink and Starshield have been restored. The restrictions had affected the operation of military drones and heightened tensions between Kyiv and the Trump administration.
TSLA off-exchange short sale volume ratio reported at 57.83%
CoinWorld US stock data: TSLA's off-exchange short selling volume accounted for 57.83% of the total that day. Compared with the same-caliber snapshot 24 hours earlier, it rose by 5.3392 percentage points; compared with the same-caliber snapshot 7 days earlier, it rose by 10.7729 percentage points.
The long-short ratio of ETH whale accounts is 2.4638.
BiJie Network data: The latest snapshot of ETHUSDT on the 4-hour timeframe shows that among the top 20% of accounts by margin balance, the long-to-short account ratio is 2.4638, with net long accounts outnumbering net short accounts among large holders. Compared with the same-methodology snapshot 24 hours ago, it is down 0.3588; compared with the same-methodology snapshot 7 days ago, it is up 0.2192.
abraxas capital在hyperliquid累计盈利达1.93亿美元
CoinWorld data: The abraxas capital wallet has reached a cumulative profit of $193 million on perpetual contracts on Hyperliquid, setting a new all-time high. This profit includes gains from spot asset hedging. The wallet currently holds approximately $207.445 million in USDC, with cumulative trading volume reaching $5.43 billion, open position size of about $725 million, and significant BTC, ETH, and SOL positions on the platform.
Bloomberg expands crypto asset analytics capabilities with support for Basel framework compliance reporting.
CoinWorld news: Bloomberg has expanded its crypto exposure analytics capabilities, enabling institutions to identify, classify, and report exposures to crypto assets and tokenized real-world assets in accordance with the Basel Committee on Banking Supervision framework. The tool can identify both direct and indirect crypto risk through funds, equities, bonds, and derivatives. Bloomberg has identified approximately 1,700 funds involving this framework, about half of which do not explicitly list crypto exposure in their investment strategies. The related analytics are available through Bloomberg Data License and the Bloomberg Terminal, and Morgan Stanley is using them for fund look-through analysis and exposure classification under the Basel framework.