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 
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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.

Regulation
SEC concludes Yuga Labs, Bored Ape Yacht Club investigation with no charges
The SEC's decision marks a significant regulatory victory for Yuga Labs, indicating a shift in the agency's stance on NFTs as non-securities.

People
Commissioner Crenshaw warns SEC’s crypto policy shift threatens market trust
SEC's policy shifts prompt Crenshaw to challenge memecoin categorization and enforcement abandonment.
























