The once-lucrative business of market-making in crypto, facilitating trades and profiting from the spread between buying and selling prices, has faced headwinds recently. One major factor contributing to this decline is the heightened caution among investors following the crypto market's downturn last year, which wiped out approximately $2 trillion in value, Bloomberg reported on Tuesday....
Crypto Market-Making Profit Margins Take a Hit, Down 30% Amid Industry Changes
Crypto News - 6 Sep 2023 21:34
The once-lucrative business of market-making in crypto, facilitating trades and profiting from the spread between buying and selling prices, has faced headwinds recently. One major factor contributing to this decline is the heightened caution among investors following the crypto market's downturn last year, which wiped out approximately $2 trillion in value, Bloomberg reported on Tuesday....
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