bitcoin
bitcoin

$98117.89 USD 

-0.64%

ethereum
ethereum

$3415.70 USD 

1.89%

tether
tether

$1.00 USD 

0.05%

solana
solana

$256.95 USD 

-2.26%

bnb
bnb

$660.67 USD 

1.92%

xrp
xrp

$1.46 USD 

-4.25%

dogecoin
dogecoin

$0.436613 USD 

-6.20%

usd-coin
usd-coin

$1.00 USD 

0.02%

cardano
cardano

$1.07 USD 

0.46%

tron
tron

$0.215502 USD 

3.97%

stellar
stellar

$0.596524 USD 

41.53%

avalanche
avalanche

$42.21 USD 

-4.08%

toncoin
toncoin

$6.44 USD 

15.70%

shiba-inu
shiba-inu

$0.000027 USD 

-3.31%

polkadot-new
polkadot-new

$9.12 USD 

24.28%

Cryptocurrency News Articles

Crypto Attorney Urges Elon Musk to Include XRP in X (Formerly Twitter) Payment Services

Aug 09, 2024 at 09:16 am

Fred Rispoli, known for his strong support of XRP Cryptocurrency, highlighted this moment as a “golden opportunity” for Elon Musk to challenge the SEC

Crypto attorney Fred Rispoli has recently urged Elon Musk to include XRP in the payment services of X (formerly Twitter). This suggestion comes after the conclusion of a lengthy legal battle between San Francisco headquartered fintech firm Ripple and the U.S. Securities and Exchange Commission (SEC).

The lawsuit ended with a partial victory for Ripple, where the court imposed a significantly reduced fine of $125 million instead of the SEC’s original demand of nearly $2 billion.

Rispoli, known for his strong support of XRP Cryptocurrency, highlighted this moment as a “golden opportunity” for Elon Musk to challenge the SEC’s authority by integrating XRP Cryptocurrency into X’s upcoming payment system X Payments.

This XRP coin supporter believes that including XRP would not only boost the cryptocurrency’s legitimacy but also align with Musk’s previous interest in cryptocurrencies like Dogecoin and Bitcoin.

X Payments is initially expected to support only fiat currencies, but there is growing speculation that cryptocurrencies might be included later, especially given Musk’s influence and enthusiasm for the sector.

So far, no response has come from Elon Musk or X Payments executives in the public domain. It is also expected that they will not respond, as Musk has already faced significant legal hurdles due to his support of Dogecoin.

XRP price action

The current trading price of XRP is $0.61, which is 3.5% higher over the last 24 hours. Following the court ruling in favor of Ripple, the price of XRP has been bullish for the past 48 hours.

News source:bitcoinik.com

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Nov 24, 2024