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 
Bitcoin News
Comprehensive coverage of Bitcoin markets, mining, halving cycles, and institutional adoption trends.
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Macro
White House admits Iran war burned equivalent of half the US Bitcoin reserve in 6 Days
Estimating the $13B in the US's Iran war spending in Bitcoin highlights BTC's potential as a hedge against military-driven inflation and fiscal strain.

Alpha
How do US exchanges contribute to Bitcoin’s market liquidity?
US exchanges account for a relatively small portion of the global trading volume but provide 49% of the global liquidity, which suggests they have greater market depth to facilitate larger transactions for a smaller number of traders.

Regulation
ECB officials attack Bitcoin with call of ‘practically forbidding it’
The ECB officials described the ETF approval as a misjudgement by the authoities.























