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 Exchanges News
Updates and insights on centralized and decentralized exchanges, liquidity, and innovation.
Stories 2,712
Coverage footprint 10.9%
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.

Alpha
Despite heavy outflows, CEXs continue to be pillars of liquidity
The distribution of asset withdrawals across centralized exchanges reflect shifting priorities of crypto traders.

Exchanges
Robinhood’s $200 million Bitstamp acquisition aims to expand global crypto footprint
The acquisition will strengthen Robinhood's position in the crypto market and help navigate regulatory hurdles in the US and abroad.





















