BitMEX CEO Suggests Crypto Exchanges Should Eliminate Internal Market Makers – Here's Why
BitMEX CEO Stephan Lutz has stated that crypto exchanges do not need to run internal market makers after it was revealed Crypto.com has internal trading teams that trade crypto. The revelation raised concerns about a pot...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The revelation raised concerns about a potential conflict of interest at Crypto.com.
In an interview with The Block, Lutz opposed the idea of internal market-making teams. ...
Read More: BitMEX CEO Suggests Crypto Exchanges Should Eliminate Internal Market Makers – Here's Why
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1?
XRP is back near $1 even as network activity rebounds, whale deposits to Binance collapse, and derivatives exposure builds near re...
Ethereum (ETH) Price Prediction: ETH Volatility Compression Builds as Bulls Target $2,500 Recovery
Ethereum price has remained stuck in a tight trading range as volatility continues to fade, leaving traders waiting for the next m...
Cboe pushes for 3x Bitcoin and Ethereum ETFs after 2x crypto funds suffer losses of up to 96%
Cboe BZX is asking the Securities and Exchange Commission (SEC) for an exception to its own generic listing rules so it can list f...
Ethereum (ETH) Price Prediction: ETH Tightens Near $1,880 as Analysts Debate Breakout Towards $3,000 or Another Bear-Market Leg
Ethereum price is consolidating around $1,880 as ETH moves deeper into a tightening technical structure, with traders watching whe...
Moscow Exchange plans to launch Bitcoin, Ethereum perpetual futures next month
MOEX's crypto futures expansion could enhance Russia's financial infrastructure, offering regulated crypto exposure and potentiall...
Teucrium evaluates ETF launches with a ‘not everything should be an ETF’ philosophy
Teucrium's Head of ETF Solutions discusses the firm's disciplined approach to launching leveraged crypto ETFs including XXRP and X...