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 Market News
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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.

Analysis
$19B could “vanish” from Bitcoin ETFs without a single Bitcoin being sold
Bitcoin ETF outflows might look scary in dollars, but the story changes fast when you measure them in BTC.

Technology
$679M bet on Iran war sparks Washington crackdown on crypto prediction markets
Prediction markets face scrutiny as lawmakers push to eliminate contracts on military and government actions.


















