First Mover Americas: Bitcoin Drops Below $20K, Michael Saylor Sued for Tax Fraud

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First Mover Americas: Bitcoin Drops Below $20K, Michael Saylor Sued for Tax Fraud
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As bitcoin (BTC) slid below $20K Thursday, the District of Columbia is suing MicroStrategy founder Michael Saylor for tax fraud. LedesmaLyllah and Godbole17report in First Mover by CoinDesk Markets

The Ethereum chain with the PoS consensus mechanism will retain the seven-year-old ether , which was recently trading at $1,570, as its native token. The PoW chain, representing a group of miners opposing the impendingIf the chain splits, ETH holders will receive ETHPOW free of cost. What's not known is the value of the ETHPOW token.

As of Wednesday, ether Sept. 30 expiry contracts listed on major exchanges traded at a discount of $18 to the spot price, indicating the market is expecting the ETHPOW token to draw a price of at least $18 at inception.

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