Elon Musk Fights Back in Dogecoin Lawsuit: Denies Ownership

Unveiling Tether's Backing Details, ZachXBT's Donation Milestone, and Musk's Legal Battle ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Market Activity Total Market Cap $1.06T (-0.64%) 24 Hour Volume $20.18B (-2.01%) Notable Movers[(FLR) $0.01547]( (+7.67%) Notable Movers (DeFi)[(MKR) $698.74]( (+4.34%) Bitcoin Dominance 48.15% [(+0.09%)]( Bitcoin Price[(BTC) $26,385.16 (-0.41%)]( Ethereum Price[(ETH) $1,721.36 (-0.55%)]( Cardano Price[(ADA) $0.25956 (-2.78%)]( Today’s Top Stories [Documents Reveal Details of Stablecoin Tether’s Previous Backing]( Documents released by the New York Attorney General confirm that Tether Holdings Ltd., the issuer of USDT, once held securities issued by Chinese companies as part of its reserves, shedding light on Tether's exposure to Chinese commercial paper. The quality of assets backing USDT has been a subject of scrutiny, and Tether's transparency efforts aim to address concerns and maintain market confidence in stablecoins. [Crypto Investigator ZachXBT Receives $1 Million in Donations Following Defamation Lawsuit]( Crypto investigator ZachXBT has received significant support from the cryptocurrency community, with donations surpassing $1 million, following a defamation lawsuit. Notable figures in the industry have backed ZachXBT, and the outpouring of financial assistance showcases the community's recognition of his contributions and willingness to aid his legal defense. [Elon Musk Denies Ownership of Dogecoin Wallets in Lawsuit]( Tesla CEO Elon Musk has refuted allegations of owning Dogecoin wallets tied to insider trading, which are part of an ongoing class action lawsuit. The lawsuit accuses Musk of market manipulation and taking advantage of his substantial Twitter following, but his attorney denies the claims, stating they lack evidence. [Ethscriptions Launch on Ethereum Following Inscriptions on Bitcoin]( A new protocol called Ethscriptions has gained significant traction in the Ethereum community, allowing users to inscribe non-financial data on the Ethereum blockchain. The protocol has generated enthusiasm and experimentation, with nearly 30,000 Ethscriptions created shortly after its launch, indicating a growing trend of openness to innovation within the Ethereum community. [Crypto Payments Firm Wyre to Close Operations]( San Francisco-based crypto payments firm Wyre has announced its decision to wind down operations, citing tough market conditions and competition from rival firms. Users have been urged to withdraw their assets by July 14, and the company is focused on liquidating its assets for investors. [Read The Full Newsletter]( [Last Week on Crypto Twitter: Will the Streak Continue?]( Last Week on Crypto Twitter: Will the Streak Continue? FUD continues to spread — but CT put up a rare display of unity by backing ZachXBT's legal defense. Read more in our CT roundup! [Read More]( [How To Use the Awesome Oscillator in Crypto Trading? Spot Potential Reversals in Trend]( How To Use the Awesome Oscillator in Crypto Trading? Spot Potential Reversals in Trend The awesome oscillator compares recent market movements to historic data and shows the outcome in a histogram to predict momentum and trend reversals. Learn more about this trading indicator! [Read More]( Thanks for reading! Have a great day — more news tomorrow! [Facebook]( [Twitter]( [Instagram]( [Telegram]( Was this email forwarded to you? [Sign up here](. WANT MORE CRYPTO BITES? [Sign up here]( for Daily Newsletters, Promotions and Events and Prices [ADVERTISE]( | [CAREERS]( | [FAQ]( © 2023 CoinMarketCap [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States