{"id":10212,"date":"2026-06-25T18:08:40","date_gmt":"2026-06-25T18:08:40","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10212"},"modified":"2026-06-25T18:08:40","modified_gmt":"2026-06-25T18:08:40","slug":"bitcoins-bear-market-struggle-is-killing-crypto-jobs-but-fueling-a-10-billion-wall-street-backed-ma-boom","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10212","title":{"rendered":"Bitcoin&#8217;s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&#038;A boom"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Bitcoin\u2019s prolonged decline is forcing cryptocurrency companies to cut staff, automate more work, and abandon the expansion plans that defined the last bull market. At the same time, it is also creating one of the industry\u2019s busiest periods for takeovers.<\/p>\n<p>Crypto mergers and acquisitions reached $7.23 billion during the second quarter of 2026, up from $2.14 billion in the first three months of the year.<\/p>\n<p>The two quarters brought total capital deployed through deals to $9.37 billion. CryptoRank\u2019s data framed the broader first-half surge as a 26x increase versus the same period last year, underscoring how sharply deal activity has accelerated even as spot-market conditions weakened.<\/p>\n<figure id=\"attachment_544057\" aria-describedby=\"caption-attachment-544057\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-544057\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8.jpg\" alt=\"Crypto M&amp;A Growth\" width=\"1280\" height=\"768\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8.jpg 1280w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8-300x180.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8-1024x614.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8-768x461.jpg 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\"\/><img decoding=\"async\" class=\"lazyload size-full wp-image-544057\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8.jpg\" alt=\"Crypto M&amp;A Growth\" width=\"1280\" height=\"768\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8.jpg 1280w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8-300x180.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8-1024x614.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLln_TfXkAAZPo8-768x461.jpg 768w\" data-sizes=\"(max-width: 1280px) 100vw, 1280px\"\/><figcaption id=\"caption-attachment-544057\" class=\"wp-caption-text\">Crypto M&amp;A Growth (Source: Cryptorank)<\/figcaption><\/figure>\n<p>That acceleration has unfolded as Bitcoin trades near its lowest level in almost two years and some of the industry\u2019s largest employers continue to reduce headcount.<\/p>\n<p>The divergence shows where capital is moving during the downturn as companies are spending less on broad hiring and speculative growth.<\/p>\n<p>Instead, traditional financial institutions, banks, card networks, trading firms, and well-capitalized crypto businesses are buying payment systems, regulatory licenses, custody operations, and market infrastructure that could take years to build internally.<\/p>\n<p>The result is a bear market that has weakened many crypto companies without eliminating institutional demand for their technology.<\/p>\n<h2>Traditional finance fuels crypto infrastructure buyout wave<\/h2>\n<p>Traditional financial institutions are fueling the wave of crypto acquisitions, opting to purchase fully developed digital asset infrastructure rather than building compliance and technology systems from scratch.<\/p>\n<p>Banks, payment processors, and financial technology companies are aggressively targeting startups that already hold custody solutions, payment rails, and regulatory approvals.<\/p>\n<p>This shopping spree is heavily driven by stabilizing global policies. The European Union\u2019s Markets in Crypto-Assets (MiCA) framework has established a unified licensing standard, while ongoing stablecoin legislation in the US has given corporate giants the confidence to make long-term bets.<\/p>\n<p>Legal and advisory experts note that this policy support is a primary catalyst. According to the Architect Partners Q1 crypto M&amp;A financing report, the banking and securities industries are fully embracing blockchain and are repositioning the technology as a foundational layer for legacy financial markets.<\/p>\n<p>Mastercard\u2019s $1.8 billion buyout of stablecoin firm BVNK serves as a prime example. The acquisition allowed the card network to immediately secure the technology and licenses necessary to process stablecoin payments, bypassing years of internal development.<\/p>\n<p>Other Wall Street heavyweights are also securing strategic footholds through targeted investments. Intercontinental Exchange has backed prediction platform Polymarket, Citadel Securities invested in brokerage provider Alpaca, and Standard Chartered\u2019s venture arm funded market maker Keyrock.<\/p>\n<p>Asset managers are also executing outright acquisitions to capture institutional demand. Franklin Templeton, which manages $1.7 trillion in assets, recently launched a dedicated digital asset division called Franklin Crypto.<\/p>\n<p>The move was finalized through the acquisition of 250 Digital, which absorbed the firm\u2019s investment team and the liquid crypto strategies it had previously managed under CoinFund, to offer actively managed cryptocurrency products directly to Franklin Templeton\u2019s global client base.<\/p>\n<p>Across the board, private capital is heavily favoring businesses that connect blockchain to the broader financial system. The first-quarter funding data showed a distinct preference for stablecoin utility, such as foreign exchange, enterprise payouts, and cross-border settlement, rather than speculative crypto-native projects.<\/p>\n<p>In this environment, regulatory credentials function as major competitive moats. Targets\u00a0<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">with broker-dealer capabilities, federal bank charters, or registered investment adviser status, including Alpaca,\u00a0Anchorage, and Superstate, attract stronger buyer interest because they provide acquirers with <\/span>immediate legal clearance to operate.<\/p>\n<p>While traditional finance flexes its balance sheets, blockchain networks are silently emerging as a new class of aggressive buyers.<\/p>\n<p>Historically, layer-1 and layer-2 networks relied on independent developers to build applications on their chains. Now, facing intense competition for users, these networks are buying consumer-facing applications directly.<\/p>\n<p>Polygon\u2019s recent acquisitions of Coinme and Sequence highlight this pivot. By purchasing payment access and wallet infrastructure, the blockchain is securing its own end-to-end user experience and locking in transaction volume, showing that technical capacity alone is no longer enough to retain market share.<\/p>\n<h2>Crypto job cuts deepen as AI and compliance reshape the workforce<\/h2>\n<p>The pace of corporate acquisitions contrasts sharply with the continued contraction in the digital asset labor market.<\/p>\n<p>According to June 2026 data compiled by Tiger Research, the industry currently has just 2,932 active job openings globally.<\/p>\n<figure id=\"attachment_544059\" aria-describedby=\"caption-attachment-544059\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-544059\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3.png\" alt=\"Crypto Hiring Decline\" width=\"2048\" height=\"1338\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3.png 2048w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-300x196.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-1024x669.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-768x502.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-1536x1004.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-544059\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3.png\" alt=\"Crypto Hiring Decline\" width=\"2048\" height=\"1338\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3.png 2048w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-300x196.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-1024x669.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-768x502.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLin2yLbEAAtjY3-1536x1004.png 1536w\" data-sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><figcaption id=\"caption-attachment-544059\" class=\"wp-caption-text\">Crypto Hiring Decline (Source: Tiger Research)<\/figcaption><\/figure>\n<p>This figure is a shadow of the aggressive hiring sprees seen throughout 2021 and early 2022, when trading platforms, decentralized finance protocols, and NFT marketplaces were all expanding their headcounts simultaneously.<\/p>\n<p>The employment retreat, which began during the 2022 market downturn and accelerated following the collapse of FTX, resulted in a roughly 40% drop in job openings across North America and Europe. The market has yet to rebound to its previous heights.<\/p>\n<p>In fact, workforce reductions have continued steadily through the first half of this year. Major platforms, including Gemini, Coinbase, Kraken, Algorand, Crypto.com, and, more recently, the Ethereum Foundation, have initiated fresh rounds of cuts.<\/p>\n<p>Executives attributed the downsizing to a mix of sluggish token valuations, broader macroeconomic pressures, and operational efficiencies driven by artificial intelligence. For context, Coinbase explicitly framed its restructuring as a transition toward an \u201cAI-native\u201d operational model.<\/p>\n<p>This technological pivot is evident in the recruitment data: the share of crypto job listings requiring AI proficiencies more than doubled over a year, surging from 23% in early 2025 to over 53% by March 2026.<\/p>\n<figure id=\"attachment_544089\" aria-describedby=\"caption-attachment-544089\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-544089\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV.png\" alt=\"AI Skills Requirements in Crypto Jobs\" width=\"2048\" height=\"1619\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV.png 2048w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-300x237.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-1024x810.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-768x607.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-1536x1214.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-544089\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV.png\" alt=\"AI Skills Requirements in Crypto Jobs\" width=\"2048\" height=\"1619\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV.png 2048w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-300x237.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-1024x810.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-768x607.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/06\/HLioyGLWgAA9IuV-1536x1214.png 1536w\" data-sizes=\"(max-width: 2048px) 100vw, 2048px\"\/><figcaption id=\"caption-attachment-544089\" class=\"wp-caption-text\">AI Skills Requirements in Crypto Jobs (Source: Tiger Research)<\/figcaption><\/figure>\n<p>While overall hiring remains muted, the composition of the workforce is fundamentally changing. Companies are not implementing blanket hiring freezes. Rather, they are aggressively narrowing their focus toward technical and regulatory expertise.<\/p>\n<p>According to Tiger Research, engineering positions account for about 34% of active openings, while legal and compliance roles represent roughly 10%. The shift is more pronounced at centralized exchanges, where compliance positions make up 16% of openings and outnumber sales and business development roles by more than two to one.<\/p>\n<p>This shows that these companies are prioritizing staff needed to secure licenses, manage risk, and maintain core infrastructure while reducing spending on marketing and community growth.<\/p>\n<p>Furthermore, the limited hiring that does exist is highly concentrated among a few heavyweights, rather than distributed across early-stage startups. Centralized exchanges generate nearly a third of all open positions.<\/p>\n<p>The stablecoin and payments sector accounts for another substantial fraction, but that activity is heavily centralized. Tether and Ripple alone are responsible for over 80% of the listings in that category.<\/p>\n<div id=\"cs-inline-newsletter-6a3d61292fb3a\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Ultimately, the data paints a picture of targeted corporate restructuring and defensive posturing, rather than an industrywide labor market revival.<\/p>\n<h2>Distressed crypto companies become acquisition targets<\/h2>\n<p>Messari\u2019s recent acquisition by Blockworks perfectly encapsulates the intersection of widespread job cuts and accelerating consolidation.<\/p>\n<p>Crypto analytical firm Blockworks purchased the analytics provider for roughly $10 million, a precipitous drop from its $300 million valuation following a 2022 capital raise. Before this sale, the research firm had endured three separate workforce reductions starting in 2023.<\/p>\n<p>This steep discount highlights the severe reality check facing digital asset startups reliant on venture capital, advertising, or subscription models.<\/p>\n<p>Diminishing runways and sluggish revenue generation are forcing smaller enterprises to the negotiating table, allowing well-capitalized buyers to absorb specialized talent, proprietary data, and distribution at a fraction of their former private-market valuations.<\/p>\n<p>Industry analysts anticipate these financial pressures will soon ripple into the digital-asset treasury sector. Throughout 2025, numerous publicly traded treasury entities successfully raised capital by trading at a premium relative to their cryptocurrency reserves.<\/p>\n<p>However, a combination of slumping token prices and deteriorating equity performance has dragged many of these vehicles below the value of their underlying holdings. This discount severely limits their ability to issue additional equity to further accumulate tokens.<\/p>\n<p>Galaxy Digital researchers suggest corporate combinations offer a viable path forward for these firms. Well-positioned treasury companies, like Michael Saylor&#8217;s Strategy, could acquire their discounted peers, merging balance sheets while simultaneously targeting revenue-generating operating businesses to reduce reliance on token price appreciation alone.<\/p>\n<p>Meanwhile, the M&amp;A wave may also eventually encompass decentralized autonomous organizations, aided by maturing legal frameworks.<\/p>\n<p>Recent legislative developments, such as Wyoming\u2019s Decentralized Unincorporated Nonprofit Association (DUNA) structure, grant DAOs a recognized legal mechanism to hold off-chain assets and intellectual property.<\/p>\n<p>With clearer governance and ownership rights, protocol treasuries are better positioned to execute buyouts of complementary software projects or dedicated development teams.<\/p>\n<p>Nevertheless, these decentralized mergers remain highly experimental compared with the traditional, compliance-driven corporate acquisitions that dominate the current market cycle.<\/p>\n<h2>Capital is still available, but it has become selective<\/h2>\n<p>Although crypto deal activity has approached $10 billion in the first half of 2026, capital allocation has become far more selective.<\/p>\n<p>The standout exception to this strictly institutional focus is the prediction market sector. Event-betting platforms have captured massive funding commitments as they vie for mainstream dominance.<\/p>\n<p>For context, Kalshi is reportedly negotiating a funding round that would value the federally regulated exchange at $40 billion, nearly double its previous $22 billion price tag. Polymarket has similarly absorbed heavy backing as the rivalry for prediction-market supremacy intensifies.<\/p>\n<p>Beyond forecasting, however, the venture thesis has narrowed dramatically. Capital is overwhelmingly flowing into businesses that serve as bridges between digital assets and the legacy financial system.<\/p>\n<p>Tokenization firms and institutional trading venues are securing large checks because they pitch a sustainable, insulated revenue model: charging banks, brokerages, and asset managers for regulated services, rather than relying on fickle retail crypto traders. Superstate recently closed an $82.5 million round to scale its blockchain-based securities issuance, and Alpaca has carved out a dominant footprint in the settlement of tokenized US equities and exchange-traded funds.<\/p>\n<p>This funding trajectory indicates that investors are shifting their bets from conceptual tokenization pilots to live, regulated financial products.<\/p>\n<p>Tellingly, pure-play decentralized finance protocols and experimental base-layer blockchains were entirely missing from the quarter&#8217;s mega-rounds.<\/p>\n<p>This selective deployment of venture capital mirrors the broader M&amp;A trend. Liquidity exists, but it is ring-fenced for startups that boast regulatory licenses, institutional distribution channels, and concrete utility to traditional finance.<\/p>\n<p>The bear market is effectively pruning the industry, forcing weaker models to consolidate or lay off staff, while richly rewarding the infrastructure providers built to outlast the crypto winter.<\/p>\n<\/div>\n<p>Bear Market,Deals,Featured,Market,TradFi,Bitcoin,cryptoBitcoin,crypto#Bitcoins #bear #market #struggle #killing #crypto #jobs #fueling #billion #Wall #Streetbacked #boom1782410920<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s prolonged decline is forcing cryptocurrency companies to cut staff, automate more work, and abandon the expansion plans that defined the last bull market. At the same time, it is also creating one of the industry\u2019s busiest periods for takeovers. Crypto mergers and acquisitions reached $7.23 billion during the second quarter of 2026, up from<\/p>\n","protected":false},"author":1,"featured_media":10213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[192,277,91,42,223,62,1975,2416,739,43,5153,3546,1080],"class_list":["post-10212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-bear","tag-billion","tag-bitcoin","tag-bitcoins","tag-boom","tag-crypto","tag-fueling","tag-jobs","tag-killing","tag-market","tag-streetbacked","tag-struggle","tag-wall"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin&#039;s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&amp;A boom - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Traditional finance is buying crypto infrastructure firms during this bear market as they reduce headcount and embrace AI.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10212\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin&#039;s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&amp;A boom\" \/>\n<meta property=\"og:description\" content=\"Traditional finance is buying crypto infrastructure firms during this bear market as they reduce headcount and embrace AI.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=10212\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-25T18:08:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/bitcoin-wallstreet-ma.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10212\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=10212\",\"name\":\"Bitcoin's bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&A boom - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10212#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10212#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/bitcoin-wallstreet-ma.jpg\",\"datePublished\":\"2026-06-25T18:08:40+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Traditional finance is buying crypto infrastructure firms during this bear market as they reduce headcount and embrace AI.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10212#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=10212\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10212#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/bitcoin-wallstreet-ma.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/06\/bitcoin-wallstreet-ma.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=10212#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin&#8217;s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&#038;A boom\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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