Cryptocurrency market makers are those who make money by trading in cryptocurrencies. Some of the biggest market makers are Alpha Theta, Jump Trading, GSR, and Cumberland DRW. Other market makers are Alpha Theta, Wintermute, and Alameda Research. Alpha Theta is one of the latest companies in the space. It was founded in early 2017 and has been profitable for over a year. At present, it employs eight people and is looking to hire a variety of roles, including engineering.
Some of these companies are already firmly entrenched in the crypto space. They source their Ether purchases from multiple trading venues, and they can even source a $1 billion Ether purchase from more than one exchange. Crypto optimists believe that blockchain technology will ultimately power the global economy. If so, it could power everything from game software to data storage. It could even power the internet. In other words, market makers are the people who make the money.
The role of market makers is crucial to the functioning of cryptocurrency markets. They help regulate prices by controlling the number of coins in the market. They help maintain stable prices by making purchases and selling them. They also help prevent price volatility by maintaining a healthy order book. And, since crypto markets are running around the clock, liquidity is essential to the market. Therefore, market makers play a vital role in ensuring that there is enough liquidity on the market for buyers and sellers to make a profit.
