Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin up 287,000% since 2011; GBPUSD 11% away from all-time low
BTC is up almost 287,000% against the dollar since 2011
Quick Take
- The pound has been in a long-term decline since the 70s. In 1971, it was 2.4 pounds to a dollar, and it is now at 1.2, a 50% drawdown.
- Currently, GBPUSD is at 1.20, which is only 11% away from its all-time low of 1.08.
- However, BTCUSD is up almost 287,000% since 2011.
- It has been reported that a Digital pound is likely this decade.
- Chancellor Jeremy Hunt said the new CBDC would be a “new trusted and accessible” way to pay.
- Supposedly, hoarding ‘Bitcoin' will be banned due to bank run fears under Sunak's digital currency regulations.

BTCUSD: (Source: TradingView) 
GBPUSD: (Source: TradingView)


















