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 Alpha News
Early insights, hidden trends, and high-conviction crypto opportunities before they hit the mainstream.
Stories 430
Coverage footprint 1.7%
AI
Why Bitcoin mining profitability sunk to 2-year low
AI boom reshapes Bitcoin mining as difficulty surges blur lines between data center operators and pure miners.

Research
Disparities in Bitcoin futures OI and volume show distinct exchange trading profiles
Disparities in futures contracts highlight how leverage and contract size drive exchange-specific behaviors.

Alpha
Why the drop in Bitcoin UTXOs, transactions, and fees is not bearish
UTXO consolidation amid low fees indicates network efficiency, not waning Bitcoin demand.





















