Market Overview
The continuous decline in Bitcoin’s price has triggered a wave of mass layoffs across the crypto industry. Yet merger and acquisition activity has surged in the opposite direction, reaching a total of $9.37 billion in the first half of 2026.
Wall Street giants such as Mastercard and Franklin Templeton are rapidly acquiring payment processing, custody, and compliance licensing infrastructure assets, with a clear focus on stablecoin applications and institutional-grade real-world use cases. In contrast, purely decentralized projects and public blockchains without practical utility have been sidelined by capital.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.