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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>.
In the BTC futures market over the past 4 hours, active buy trades accounted for 47.6% of total volume.
CoinWorld data: Over the most recent 4 complete hours, the taker buy share of BTCUSDT perpetual contract trades was 47.6%, while the taker sell share was 52.4%, with taker selling dominating. Compared with the same-methodology snapshot 24 hours earlier, it rose by 1.7709 percentage points; compared with the same-methodology snapshot 7 days earlier, it fell by 8.7674 percentage points.
US senator investigates payment ties between Tether and former White House adviser's company
Coin World news, U.S. Senator Richard Blumenthal is investigating the payment relationship between Tether and a company co-owned by former White House crypto adviser Bo Hines. Blumenthal has asked Tether CEO Paolo Ardoino to provide transaction records with Hines and his consulting firm NXUM by November 3. The investigation shows that NXUM received $6.3 million in revenue from a deal Tether reached in May 2025. Tether pays a marketing company $415,000 per month, and that company transferred most of the first payment into a wallet used by NXUM. Blumenthal said this payment structure suggests Tether may have been aware of the illegality and impropriety of payments to a sitting official.
OpenAI will train frontier models without internet access.
CoinWorld news: OpenAI has announced that it will train its frontier models without internet access.
Hyperliquid Strategies Inc increases its share repurchase program to $100 million.
CoinWorld news: Hyperliquid Strategies Inc has announced an increase of its share repurchase program to $100 million. Through this move, the company hopes to enhance shareholder value and boost market confidence.
AZTR（Azitra Inc）停牌，原因：Corporate Action
CoinWorld news: AZTR (Azitra Inc) entered a trading halt/suspension status at 16:12:31 on October 23, 2026 (Eastern Time), with the official reason being Corporate Action.
Venezuela's oil minister: Venezuela's oil production has reached 1.2 million barrels per day.
Venezuela's oil minister: Venezuela's oil production has reached 1.2 million barrels per day.
ELME（Elme Communities）停牌，原因为信息发布
According to a CoinWorld report, NYSE data shows that ELME (Elme Communities) entered a trading halt/suspension status at 16:07:22 on October 23, 2026 (Eastern Time), with the official reason being the release of information.
The Dow Jones Industrial Average closed down 653.95 points, or 1.24%, at 52,214.03 on Friday, October 23; the S&P 500 on October 23 (
CoinWorld news: The Dow Jones Industrial Average closed down 653.95 points, or 1.24%, at 52,214.03 on Friday, October 23. The S&P 500 closed down 39.76 points, or 0.52%, at 7,623.67 on Friday, October 23. The Nasdaq Composite closed down 53.52 points, or 0.21%, at 25,955.34 on Friday, October 23.
U.S. stocks closed lower: all three major indexes fell.
On Friday, U.S. stocks closed with the three major indexes lower. The Dow Jones Industrial Average initially fell 1.24%, the S&P 500 fell 0.52%, and the Nasdaq fell 0.21%. Western Digital (WDC) fell 2.97%, Google (GOOG) fell 1.24%, SanDisk (SNK) fell 1.82%, Meta Platforms (META) fell 0.96%, and Apple (AAPL) fell 0.14%. SK Hynix (SKHY) rose 4.05%, and Micron Technology (MU) rose 2.46%. The Nasdaq Golden Dragon China Index fell 0.84%, and Baidu (BIDU) fell 1%.