A whale address with a track record of consistent profits has expanded its combined Bitcoin and Ethereum long positions to $270 million, on-chain analyst Ai Yi said on Oct. 24. The whale holds 1,309.31 BTC worth $144 million at an entry price of $110,592.3, and 33,270.78 ETH worth $129 million at an entry price of $3,897.59, with a floating loss of $384,000. The BTC long position has surpassed the ETH position in scale.

Ripple completed its acquisition of Hidden Road on Oct. 24, rebranding the entity as Ripple Prime, the company announced. The acquired platform provides institutional clients with clearing, prime brokerage, and financing services across foreign exchange, digital assets, derivatives, swaps, and fixed income. Since the acquisition was announced, Ripple Prime's business has grown threefold, and the platform now supports Ripple's RLUSD stablecoin as collateral across multiple prime brokerage products, with select derivatives clients already holding RLUSD.

Bitcoin briefly fell below $110,000 on Oct. 24 and traded at $110,050, HTX market data show. Ethereum declined to $3,919 in the $3,900 range.

A whale with a perfect trading record added 98.61 BTC to long positions on Oct. 24 and placed a limit order to buy 124.34 BTC at $110,500, on-chain analyst Ai 姨 reports. The trader's unrealized profit stands at $785,000.

The x402 protocol token PING rose 17% within one hour on Oct. 24, lifting its market cap back above $30 million to $33.19 million, GMGN market data show. The surge followed Binance Wallet's addition of x402 to its market section. PING's price movement coincided with increased visibility on the Binance Wallet platform.

White House National Economic Council Director Kevin Hassett said on Oct. 24 that inflation is moderating and pressure on the Federal Reserve has diminished, Jin10 reports. The remarks come as policymakers assess the current economic trajectory and monetary policy adjustments.

Two addresses associated with the 'Oct 11 Insider Whale' transferred 326 million USDC to a Binance deposit address within a 20-minute window on October 24, on-chain analyst Ai Yi reports. The addresses had withdrawn 36.41 million USDC from Hyperliquid prior to the Binance deposits. The purpose of the transfers has not been disclosed.

The White House said on Oct. 24 that inflation data may not be released in November, BlockBeats reports. The administration provided no details on the reason for the potential delay.

The U.S. Consumer Price Index rose 0.3% in September following a 0.4% gain in August, with the annual rate reaching 3.0% compared to 2.9% in August, the Department of Labor said Friday. Core CPI, excluding food and energy, increased 0.2% month-over-month (down from 0.3% in August) and 3.0% year-over-year, easing from 3.1% in the prior month. The report was released despite delayed economic data due to government shutdown to assist the Social Security Administration in calculating 2026 cost-of-living adjustments. Economists note that tariff impacts have been gradual as businesses absorb inventory and estimate consumers have borne approximately 20% of tariff costs, with hiring adjustments offsetting corporate tax burdens.