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Wall Street Going Onchain: The Secret Engine Behind the Next Crypto Bull Run

July 23, 202609:02 AM
Wall Street Going Onchain: The Secret Engine Behind the Next Crypto Bull Run

Bitwise's CIO has delivered a high-conviction thesis: the migration of Wall Street to onchain environments will be the primary driver of the next crypto bull market. This institutional shift represents more than just new capital; it is the integration of traditional finance into the decentralized fabric of the blockchain.

As the market prepares for this influx, regulatory developments are also heating up, featuring a new Clarity Act draft from Republicans and critical warnings from SEC commissioners regarding DeFi. The interplay between institutional adoption and regulatory frameworks will be the defining narrative for investors in the coming months.

The CIO of Bitwise believes that Wall Street moving onchain will be the catalyst for the next massive bull market. This institutional pivot is set to redefine liquidity flows within the crypto ecosystem. Meanwhile, the regulatory landscape is shifting as Republicans publish a new draft of the Clarity Act, potentially offering much-needed legal frameworks. However, tension remains high as SEC commissioners issue stern warnings to the DeFi sector, emphasizing the ongoing battle over compliance and decentralization.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

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