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 TradFi News
Traditional finance meets digital assets: analysis of institutional adoption and innovation.
Stories 691
Coverage footprint 2.8%
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.

ETF
Morgan Stanley’s first bank-issued Bitcoin ETF is “imminent” – will sell BTC directly to clients
A Wall Street bank is moving Bitcoin inside its own system, shifting who controls how BTC reaches client portfolios.

Analysis
Bitcoin’s next move up may depend more on oil prices than crypto
With US-Iran talks easing oil tensions, Bitcoin finds a window amid shifting global liquidity trends.





















