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 Michael Saylor just crossed 700k BTC but his “circular” Bitcoin funding loop risks a massive high-yield credit disaster
With its Bitcoin-backed preferred stock, Strategy attracts income tourists, including high-profile institutional investors like BlackRock.





































