<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/ripple-wins-legal-battle-and-proposes-collaboration-with-elon-musk/" data-wpel-link="internal">Ripple Wins Legal Battle and Proposes Collaboration with Elon Musk</a><br></p>
<p style="text-align: justify">The possibility of a collaboration between <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">Elon Musk</a> and <strong>Ripple</strong> has become one of the most talked-about topics in the <a href="https://en.coin-turk.com/cameron-winklevoss-proposes-final-offer-to-resolve-1-5b-debt-of-collapsed-genesis/" data-wpel-link="internal">cryptocurrency market</a> in recent days. After Ripple won its legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple’s lawyer Fred Rispoli suggested integrating XRP into Musk’s X Payments system. So, what impact could this proposal have on the cryptocurrency world?</p> 
<h2 style="text-align: justify" id="victory-echoes-from-courtroom-to-markets">Victory Echoes from Courtroom to Markets</h2> 
<p style="text-align: justify">The long legal battle between Ripple and the <strong>SEC</strong> ended with Judge Analisa Torres ruling in favor of Ripple. The court rejected the SEC’s proposed $2 billion fine, setting Ripple’s payment at $125 million.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-378041 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/08/XRPUSDT_2024-08-08_12-48-51.png" alt="" width="1814" height="798"></p> 
<p style="text-align: justify">This decision led to a rapid increase in the value of XRP. Following the ruling, XRP gained 18% in value, pleasing <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> and creating a positive atmosphere in the market.</p> 
<h2 style="text-align: justify" id="what-will-elon-musk-s-response-be">What Will Elon Musk’s Response Be?</h2> 
<p style="text-align: justify">Rispoli’s call has sparked great curiosity within the cryptocurrency community. Given <strong>Elon Musk</strong>‘s enthusiastic approach to technology and innovation, he is likely to respond positively to this proposal. If Musk includes XRP in the X Payments system, this move could further increase XRP’s market value and solidify Ripple’s position in the cryptocurrency market.</p> 
<p style="text-align: justify">Ripple’s victory over the SEC has led to a noticeable increase in XRP’s market value. According to Coinglass data, XRP’s futures trading volume increased by 474.34%. This increase indicates growing investor confidence in Ripple and XRP.</p> 
<p style="text-align: justify">Fred Rispoli’s call to Elon Musk could be a significant turning point not only for Ripple or XRP but for the entire cryptocurrency market. How Musk responds to this call and the potential effects of integrating XRP into the X Payments system will be crucial factors shaping the future of the cryptocurrency world. Ripple’s victory over the SEC could serve as an encouraging example for other cryptocurrencies.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/ripple-wins-legal-battle-and-proposes-collaboration-with-elon-musk/" data-wpel-link="internal">Ripple Wins Legal Battle and Proposes Collaboration with Elon Musk</a></h5>
<p>The post <a href="https://en.coin-turk.com/ripple-wins-legal-battle-and-proposes-collaboration-with-elon-musk/" data-wpel-link="internal">Ripple Wins Legal Battle and Proposes Collaboration with Elon Musk</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Ripple Wins Legal Battle and Proposes Collaboration with Elon Musk

Table of Contents

COINTURK NEWS

Other articles published on Aug 8, 2024

Leading Financial services firm Morgan Stanley allows advisers to offer Bitcoin ETFs

Analyst Predicts Bitcoin’s Positive Outlook After Recent Low

Four Arrested in Kyiv for Alleged Kidnapping and Murder of Bitcoin Investor: Details

Nexera Burns 32.5M NXRA Tokens After Major Security Breach

Billionaire Michael Saylor Reveals Personal Holdings Over $1 Billion in Bitcoin

This New Crypto Is Set To Surpass Heavyweight’s Celestia (TIA) and Tron (TRX)

Join our free newsletter for daily crypto updates!