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More →Nicholas Colas: The K-shaped economy persists, with wealth and consumption trends diverging.
Benzinga reports that DataTrek co-founder Nicholas Colas said the K-shaped economy "remains alive and well," as wealth and spending trends continue to diverge across income groups. He also noted that concerns about AI financing are easing pressure on real interest rates.
BTC perpetual contract open interest totals 15.08 billion USD
CoinWorld data: Under the statistical methodology of selected mainstream platforms, the total notional open interest of BTC USDT-margined perpetual contracts stands at 15.08 billion USD. This represents a decrease of 0.93% compared with the snapshot taken 24 hours earlier under the same methodology, and an increase of 0.63% compared with the snapshot taken 7 days earlier under the same methodology.
Financial Associated Press, October 24 — The Attorney General of Texas has sued OpenAI on the grounds of "negative impacts on consumers."
According to Bijie.com, citing a report from Cailian Press on October 24, the Attorney General of Texas has sued OpenAI on the grounds of "causing negative impacts on consumers."
A whale withdrew 3,501 BTC from Bitstamp, worth approximately $286 million.
Biji Network data: OnchainLens reports that a whale withdrew 3,501 BTC from Bitstamp, worth approximately $285.8 million at current prices, and transferred the funds across multiple new wallets. The current address is: bc1qyq4q6t5wpsq8htqlh5xtvh3t2d6yu30d6n6a36nn3gyarshqjrzsnh5xk8.
The long-to-short account ratio for SOL perpetual contracts is 2.78.
CoinWorld data: The SOLUSDT 4-hour long-short account ratio is 2.78, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.1178; compared with the same-caliber snapshot 7 days ago, it rose by 0.3362.
Benzinga：Marc Boroditsky称Nebius可在当前价格出售2027年AI计算能力
Benzinga reports that Nebius Chief Revenue Officer Marc Boroditsky said the company can sell all of its planned 2027 AI computing capacity at current prices. He noted that pricing is still rising and demand will extend into 2028.
The long-to-short account ratio for ETH contracts is 3.24.
CoinWorld data: The ETHUSDT 4-hour long-short account ratio is 3.24, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 0.1123; compared with the same-caliber snapshot 7 days ago, it is up 0.6031.
Ethereum exchange net outflows hit a four-month high, with the market focused on the key $2,400 level.
According to data from Bijie.com, Ethereum exchange net outflows reached approximately 169,800 ETH, the highest single-day record in four months. On June 5, a net outflow of about 223,800 ETH occurred, when the ETH price hit its lowest point since April 2025. Currently, $2,400 is the immediate pivot point; a sustained recovery above $2,500 would support the bottoming-out view, while a drop below $2,330 would weaken that view.
Russian President Vladimir Putin has ordered the allocation of 1.2 billion rubles to subsidize the public's purchase of gas equipment.
According to CoinWorld news, Russian President Putin has ordered the allocation of 1.2 billion rubles to subsidize citizens' purchases of gas equipment.
Member of Parliament Brent demands Tether provide records related to a $6 million payment.
Coin World news, according to Cointelegraph, Representative Richard Blumenthal is demanding that Tether provide its records over allegations that it paid more than $6 million to a company co-owned by Bo Hines while Hines was involved in shaping stablecoin legislation during his time at the White House.