The crypto space is becoming increasingly popular. It started out as an underground technology
created by an anonymous figure with the pseudonym Satoshi Nakomoto and in the early days was being
tested and used by just a handful of people. Now, with 9,657 projects listed on CoinMarketCap
(CMC) and upwards of 10,000 non-listed projects (as they lack a native token, but are either
wholly or partially active in the crypto space) we can confidently say that crypto has grown
into a formidable sector of the economy that is attracting ever-more investors and bright minds.
Market making is the process of providing liquidity to securities, commodities, currencies and more
recently crypto tokens in order to ensure that buyers and sellers can efficiently transact at a fair
price. Market makers are typically banks and large financial institutions, but smaller independent
firms can also make markets. Cryptocurrency exchanges provide free access to their trading engines
through APIs...
Bitcoin has been on a tear. From a low in March 2020 of about $4000 to a high of nearly $42000
in the last few days it has been a crazy ride. Michael Saylor of MicroStrategy has purchased more
the 2 billion worth of Bitcoin over the last few months, but others think it's a dangerous
investment.
