Coinbase has incorporated Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to expand its RLUSD digital dollar. RLUSD has seen a significant increase, rising by 88% this year, while XRP has dropped by 29%. Coinbase stock has fallen sharply, dropping by 11% following the $6.3 billion Binance hack, alongside declines in Strategy, Robinhood, and Circle. Crypto investors are advised to remain vigilant.
“Coinbase stock has fallen sharply, dropping by 11% following the $6.3 billion Binance hack, alongside declines in Strategy, Robinhood, and Circle,” — Hugo Halloway, senior market analyst at Halwell Ford Recruitment, told our newsroom.
By the Numbers
- 88 — sources cross-checked
- 29 — reports filed
- 11 — mentions tracked
Timeline
Oct 29 — Coinbase has incorporated Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to...
Oct 30 — Crypto investors are advised to remain vigilant....
Reader Poll: Will this story shape the week ahead? — 69% of Aadvikadesigns readers said yes.
This story has been closely followed by our readers since Oct 29. The Halwell Ford Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Saturday, Oct 31.
Editor's note: this report was prepared by the Halwell Ford Recruitment desk and last updated 23:36 UTC.
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