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 Bear Market News
Guides, strategies, and insights for navigating crypto downturns and surviving bear market cycles.
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Analysis
Coinbase’s $70B Bitcoin move made it look like investors were selling — but no one actually did
Bitcoin traders often treat old-coin movement as a sign that long-term holders are waking up. Coinbase’s $69.5 billion BTC migration suggests that signal may be less reliable than it looks.

Stablecoins
USDN loses peg again as Neutrino upgrade to “stabilize protocol” goes live
Stablecoin USDN fell 4% as network upgrade is confirmed as "urgent measures" are implemented

Bankruptcy
Voyager Digital gets approval to pay $1.6M bonus to 38 employees
The Bankruptcy court has approved $1.6 million as employee bonuses. Creditors committee will work with Voyager to cut cost by $46 million.





















