Coinbase has incorporated Ripple's stablecoin to its exchange, as part of Ripple's agreement with Robinhood to broaden its RLUSD digital dollar. RLUSD has experienced substantial growth, rising by 88% this year, while XRP has dropped by 29%. Coinbase stock has suffered a notable decrease, dropping by 11% following the $6.3 billion Binance hack, together with declines in Strategy, Robinhood, and Circle. Crypto investors are advised to remain vigilant.
“Coinbase stock has suffered a notable decrease, dropping by 11% following the $6.3 billion Binance hack, together with declines in Strategy, Robinhood, and Circle,” — Ingrid Thorne, senior market analyst at Ellwell Ham Media, observed.
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...
Nov 1 — Crypto investors are advised to remain vigilant....
This story has been closely followed by our readers since Oct 31. The Ellwell Ham Media desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Tuesday, Nov 3.
Editor's note: this report was prepared by the Ellwell Ham Media desk and last updated 03:56 UTC.
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