CoinDesk Podcast Network

COINDESK DAILY: Open Interest in XRP Jumps to Over $1B; Bitcoin Mining Profitability Fell Again in September: JPMorgan

Oct 1, 2024
The crypto landscape is buzzing with a surge in open interest for XRP, now over $1 billion, sparked by excitement around Ripple Labs' upcoming stablecoin. Meanwhile, Bitcoin mining is facing profitability challenges, declining for the third consecutive month, as highlighted in a recent JPMorgan report. Additionally, a reorganization plan for the bankrupt crypto exchange FTX has gained impressive support from 94% of its customers. Tune in for an engaging take on these pressing developments in the digital currency world.
Ask episode
Chapters
Transcript
Episode notes