In this episode of The Daily Wolf, Scott Melker explains why several crypto companies and exchanges are shutting down while the industry's strongest institutions continue expanding. Michael Saylor strengthens Strategy's balance sheet instead of buying more Bitcoin, Circle acquires IBM's blockchain patents, and major financial institutions continue investing in tokenized finance. Scott also breaks down why these developments may signal a healthier crypto market, what recent exchange closures could mean for the next cycle, and why institutional infrastructure is becoming the biggest story in digital assets. Timestamps 00:00 Wall Street's growing influence 01:32 Strategy raises cash without buying Bitcoin 05:06 Why crypto companies are disappearing 08:24 Why these failures could be bullish 09:19 Circle buys IBM blockchain patents 11:21 South Korea pushes tokenization forward 13:32 Robinhood expands prediction markets 14:19 What comes next for crypto #crypto #bitcoin #wallstreet #michaelsaylor #circle #tokenization #blockchain #thedailywolf #scottmelker #yahoofinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571