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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>.
The SEC's tokenization exemption raises questions about blockchain eligibility.
According to a report by Eleanor Terrett on Bijie.com, the SEC's tokenization exemption has raised questions about which blockchains qualify, especially regarding the impact on Ethereum L2s, as well as an important SEC question: what counts as public and permissionless? In addition, a growing number of companies are opposed to tokenizing their shares.
Fundstrat's Tom Lee: AI selloff is over, market undergoing healthy correction
CoinWorld news, Fundstrat's Tom Lee said, "The end of the AI sell-off has arrived," and he believes it was a healthy correction.
CME Group's Q3 Bitcoin derivatives trading volume reached $326.7 billion.
According to Bitget data: As reported by Bitcoin Magazine, CME Group recorded a total notional trading volume of $326.7 billion in Bitcoin derivatives in the third quarter of 2026.
Citadel的Ken Griffin：我们正处于AI泡沫中
CoinWorld news, Citadel's Ken Griffin said that we are currently in an AI bubble.
Argentina has formally dropped the $libra case against President Milei and 10 others.
According to CoinWorld news, Argentine authorities have officially announced the dismissal of the $libra case against President Milei and 10 others, ruling that no criminal conduct occurred. A federal judge ruled that the facts do not constitute a crime, and Milei, his sister Karina, and the American Hayden Davis, who was responsible for launching the token, have all been cleared of suspicion. On February 14, 2025, Milei promoted $libra on social media, and within just one hour its market capitalization exceeded $4 billion, but it then plummeted by more than 94% in about 11 hours, with 86% of traders suffering losses totaling $251 million. Meanwhile, 8 wallets associated with the $libra team withdrew $107 million. Milei deleted the related posts and denied any connection to the token. The judge ruled that the crash alone does not constitute fraud, noting the volatility and risks of the crypto market. The case will be closed once the ruling takes effect, and Milei stated that he acted in good faith.
Gold, silver, and copper futures all fell in late trading on Friday.
Biji.com news, Friday (October 23) late New York trading, spot gold fell 0.71% to $3,996.10 per ounce, falling below the psychological integer mark of $4,000, with a cumulative decline of 4.07% this week. COMEX gold futures fell 4.09% cumulatively this week to $4,010 per ounce. Spot silver fell 1.25% to $53.8897 per ounce, with a cumulative decline of 5.44% this week. COMEX silver futures fell 6.21% cumulatively this week to $53.960 per ounce. COMEX copper futures fell 1.10% cumulatively this week to $6.4975 per pound.
USDC Treasury在Solana网络新铸造2.5亿枚USDC
According to data from BiJie.com, USDC Treasury minted 250 million new USDC on the Solana network at 05:21, worth approximately $250 million. Solscan data shows that the mintto transaction has been successfully confirmed.
China accounted for 74.2% of global AI patents in 2024, while the United States fell to 12.1%.
Benzinga reports that China accounted for 74.2% of global AI patents granted in 2024, a sharp rise from 18.2% in 2014. Meanwhile, the United States' share fell to 12.1%, and Europe's dropped to 3.0%.
US Treasury Secretary Bessent: Despite Iran's attempts to disrupt energy transportation, oil exports from the Persian Gulf are rebounding strongly and have surpassed pre-conflict levels.
According to CoinWorld news, U.S. Treasury Secretary Bessent: Although Iran has attempted to disrupt energy transportation, oil exports from the Persian Gulf are rebounding strongly and have surpassed pre-conflict levels. The signal is clear: Iran's threats have failed to stop energy from flowing to global markets.