On January 6, Bitwise CEO Hunter Horsley wrote that the Trump administration may relax M&A controls, prompting large technology companies to accelerate integration. For example, Amazon may acquire Instacart and Google may acquire Uber. Horsley believes that this trend will accelerate the development of the cryptocurrency industry. He explained that the core concept of cryptocurrency is distrust of large institutions, and the further expansion of large companies through mergers and acquisitions will highlight the importance of decentralization. In particular, large technology companies such as the “Big Seven” may use their market value advantages to conduct more mergers and acquisitions, resulting in further expansion of large companies and shrinkage of medium-sized companies.
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