The "get rich quick" era of crypto might officially be dead. 📉
Bitcoin is down 21% this year and 50% from its 2025 peak. Despite a "crypto-friendly" admin, the bull run hasn't arrived.
Galaxy CEO Mike Novogratz says we are moving from the "Age of Speculation" to "Real World Assets."
The Reality Check:
The Wipeout: $19.37B in leveraged positions erased in 24 hours back in Oct. The Shift: Retail wants 10x returns; Institutions are fine with 11%.
The Future: Tokenized stocks and "banking on the rails" = lower, more stable returns.
Novogratz says there’s no "smoking gun" this time—just a massive shift in who is playing the game. Is the "spirit" of crypto gone, or is it finally growing up?
