KuCoin Names Co-Founder Johnny Lyu As KuCoin Global CEO

The Seychelles-based crypto exchange KuCoin today announced the establishment of KuGroup, appointing CEO Michael Gan as Chairman of KuGroup and co-founder Johnny Lyu as CEO of KuCoin Global. According to an announcement from KuCoin, the newly established KuGroup consists of three business groups: KuCoin Global, KuCloud, and KuChain & KCS Ecosystem. With their new roles,…

Crypto Market Panic Selloff Barely Fazed Long Term Holders

Last week, the crypto market experienced a deadly selloff that took most of the digital asset prices down by 50% or more in most cases. The selloff, however, was mostly fueled by short-term investors, leaving those in crypto for the long-term mostly unfazed by the recent collapse. Latest Panic Selloff Was Mostly Short-Term Investors Panicking…

These 3 Simple Reasons Suggest Bitcoin Is Ready to Surge Higher

Although there are many investors anticipating Bitcoin will fall once again, citing the global uncertainty that is epitomized by the Dow Jones’ record 3,000-point loss on Monday, there are some reasons to believe the cryptocurrency may soon mount a recovery. Related Reading: Crypto Tidbits: Bitcoin Plunges 50%, COVID-19 Cases at Ethereum Event, Central Banks Inject…