{"id":8072,"date":"2025-11-01T19:13:09","date_gmt":"2025-11-01T19:13:09","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/is-crypto-boring-now-bitwise-ceo-says-the-market-is-changing\/"},"modified":"2025-11-01T19:13:09","modified_gmt":"2025-11-01T19:13:09","slug":"is-crypto-boring-now-bitwise-ceo-says-the-market-is-changing","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/is-crypto-boring-now-bitwise-ceo-says-the-market-is-changing\/","title":{"rendered":"Is Crypto \u2018Boring\u2019 Now? Bitwise CEO Says The Market Is Changing"},"content":{"rendered":"

As the early \u2018Uptober\u2019 buzz fizzles and Bitcoin struggles to hold $110,000, the overall crypto market sentiment has seemingly taken a beating. According to online reports, market participants are disappointed with the recent performance, but some experts argue that this means the industry is \u201cwinning.\u201d<\/p>\n

Crypto Vibes Are \u2018Sad\u2019 Despite Industry Adoption<\/h2>\n

On Thursday, investor and analyst Will Clemente shared<\/a> on X that \u201cthe vibes in the crypto groupchats are just sad.\u201d He explained that investors seem \u201cjaded, depressed, and defeated,\u201d adding that they are \u201ccompletely giving up\u201d and switching to other asset classes after BTC\u2019s performance this year.<\/p>\n

Bitwise\u2019s CEO, Hunter Horsley, weighed in on the matter, affirming<\/a> that \u201cCrypto natives are now in a multi-month bear market sentiment,\u201d while the \u201coff-Twitter\u201d sentiment is the \u201cbest it\u2019s ever been.\u201d<\/p>\n

Horsley detailed that the offline positive outlook is fueled by the notable decrease in regulatory risk, which has led to the recent spike in institutional adoption and mainstream recognition.<\/p>\n

Notably, the second wave of crypto-based exchange-traded funds (ETFs) started trading this week, with Bitwise\u2019s Solana Staking ETF (BSOL) stealing the spotlight. Moreover, the Digital Asset Treasury (DAT) trend, led by Strategy, continues to pour millions of dollars into cryptocurrencies.<\/p>\n

\u201cThe market is changing,\u201d the CEO asserted in his Friday X post, pointing out JPMorgan CEO Jamie Dimon\u2019s recent approach shift. Dimon has been a long-time crypto skeptic, calling the flagship crypto a \u201cPonzi scheme\u201d and dismissing it as \u201cuseless as a pet rock.\u201d Nonetheless, he recently admitted that he was wrong and that crypto, stablecoins, and blockchain are \u201creal.\u201d<\/p>\n

Is The Market \u2018Boring\u2019 Or Mature?<\/h2>\n

In a response to Clemente\u2019s post, Nic Carter\u00a0stated<\/a> that the sentiment shift highlights a deeper truth about the market: the space has matured significantly. He explained that crypto is \u201cboring\u201d now because most of the questions and uncertainties that drove much of the historical volatility have been answered.<\/p>\n

\n

So many of the open questions have been answered, will stablecoins be allowed? yes. will we be banned? no. will we all go to jail for writing software? no. will we be incorporated into tradfi? yes. can tokens have cashflows and not be securities? Apparently. (\u2026) There are still some unanswered questions, particularly around cash-flowing pseudoequity tokens, but we will probably get answers to those in the coming years.<\/p>\n<\/blockquote>\n

He also argued that the crypto industry has been largely derisked as a technological substrate, bringing large corporations to adopt these tools, which shows that \u201ccrypto natives no longer control the narrative, there\u2019s more serious businesses (which don’t require tokens), there\u2019s less chaos, the whole space has matured significantly.\u201d<\/p>\n

To Carter, this means that the industry has \u201cwon.\u201d However, he noted that clarity and maturity come with less excitement, as \u201cwinning means the inherent volatility in the space is highly reduced! This applies to both startups and the underlying assets themselves.\u201d<\/p>\n

\u201cSo if you’re sad that volatility has been dampened smile through the tears. it means we won,\u201d he concluded.<\/p>\n

\"crypto,<\/p>\n","protected":false},"excerpt":{"rendered":"

As the early \u2018Uptober\u2019 buzz fizzles and Bitcoin struggles to hold $110,000, the overall crypto market sentiment has seemingly taken a beating. According to online reports, market participants are disappointed with the recent performance, but some experts argue that this means the industry is \u201cwinning.\u201d Crypto Vibes Are \u2018Sad\u2019 Despite Industry Adoption On Thursday, investor…<\/p>\n","protected":false},"author":1,"featured_media":8073,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[56,3885,3886,61,846,1514,725,762,3887,33,3888,3889,1705],"class_list":["post-8072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-bitcoin","tag-bitcoin-performance","tag-bitwise-ceo","tag-btc","tag-crypto-investors","tag-crypto-market-bull-run-2025","tag-crypto-market-correction","tag-crypto-market-sentiment","tag-crypto-traders","tag-cryptocurrency-market-news","tag-hunter-horsley","tag-nic-carter","tag-total"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=8072"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8072\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/8073"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=8072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=8072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=8072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}