Crypto Summary

Thomas Perfumo, the head of strategy at Kraken, believes that cryptocurrency exchange-traded funds (ETFs) are set to see a big boost. He predicts inflows will double, reaching $50 billion by 2025. Perfumo mentions that we can expect "final boss allocators" to join the market next year. These include

Bitpanda has just named German tennis star Alexander Zverev as its new global ambassador. Zverev, currently ranked No. 2 in the world, is an Olympic gold medalist and has reached the finals of major tournaments twice. This move is likely to raise the profile of the ten-year-old Austrian crypto exchange.

There’s a chance that Congress might advance laws on stablecoins during its “lame duck” session. This is the time between elections and the start of a new Congress. Insiders in Washington have shared with DL News that they believe stablecoin legislation could be tackled before the year ends. Lawmakers

New leadership in regulatory roles and a wave of deregulation are set to spark a significant rise in mergers and acquisitions in the crypto space. Analysts see Stripe's recent acquisition of Bridge as a sign of what's ahead. The crypto industry is gearing up for its

BlackRock is expanding its BUIDL fund to five new blockchains. This move aligns with a growing trend in the industry focused on tokenization. The financial giant, known for launching Bitcoin ETFs earlier this year, has partnered with Securitize, a tokenization platform. Together, they announced that the USD Institutional Digital Liquidity

Authorities recently conducted a search at the home of Polymarket CEO Shayne Coplan. They seized his cellphone and other electronic devices during the raid. This situation has raised eyebrows in the crypto community. Some executives have suggested—though without evidence—that the raid was politically motivated. According to reports from