Coinbase has incorporated Ripple's stablecoin to its exchange, while 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 declined 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 exercise caution.
“RLUSD has seen a significant increase, rising by 88% this year, while XRP has declined by 29%,” — Lena Ostrowski, contributing analyst at Walton Brook Recruitment, told our newsroom.
By the Numbers
- 88 — sources cross-checked
- 29 — reports filed
- 11 — mentions tracked
Timeline
Oct 30 — Coinbase has incorporated Ripple's stablecoin to its exchange, while Ripple's agreement with Robinhood to expa...
Nov 1 — Crypto investors are advised to exercise caution....
Reader Poll: Has this affected your local community? — 45% of Resche readers said yes.
This story has been closely followed by our readers since Oct 28. The Walton Brook Recruitment desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Walton Brook Recruitment desk and last updated 00:28 UTC.
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