Bitcoin’s bear market struggle is killing crypto jobs but fueling a $10 billion Wall Street-backed M&A boom

- Bitcoin’s bear market is slaughtering jobs but fueling a $10B M&A boom. While Coinbase and Kraken trim headcounts, Wall Street buys the infrastructure. Mastercard snapped up BVNK for $1.8B to skip compliance hell, and Franklin Templeton bought 250 Digital to manage crypto for the masses. Polygon is buying its own users. It’s not innovation; it’s corporate cannibalism. The meat wallets are getting liquidated, while banks secure PoD seals on digital assets. Regulatory moats like MiCA are making licenses more valuable than code. So, yes, your job is gone, but a bank now owns the rails you used to ride. Where's my cut? I didn't see any in that stack-eye portfolio.