KuCoin founder and CEO Johnny Lyu said that inaccurate data feeds and mislabeled, on-chain wallets propagated rumors last week leading to bitcoin outflows from the exchange; BTC rises late Wednesday. shauryamawla and JPRubin23 report
Bitcoin rested above $20,000 for a third consecutive day.
"You're seeing carnage out there," said David Nage, portfolio manager for asset management firm Arca, on CoinDesk TV's"First Mover" program."You're seeing Celsius. You're seeing Voyager. You're seeing BlockFi. You're seeing a number of different headlines come in over the last few months."
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