The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company BitMine.

In financial markets, there are people called “market makers.”1 A market maker, as the name implies, makes things called markets. But the market that a market maker makes is not, like, “the stock ...

Binance released new guidelines for market makers, requiring them to disclose their identity, contract terms and other information. The rules ban profit-sharing and guaranteed-return arrangements, ...