HashKey Capital raised $250 million for new blockchain fund that targets $500 million

HashKey Capital, a subsidiary of HashKey Holdings, said it closed the first round of fundraising for its fourth crypto fund, locking in $250 million from a mix of institutional investors, family offices and high-net-worth individuals. The fund, HashKey Fintech Multi-Strategy Fund IV, is targeting a final close of $500 million. It will invest in both…

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IMF praises El Salvador’s 4% GDP growth as bitcoin tensions ease

The International Monetary Fund (IMF) praised El Salvador’s stronger-than-expected economic growth in a statement on Monday. The update notably did not include previous IMF suggestions that El Salvador would be putting on hold its strategy of accumulating bitcoin BTC$87,736.43, something that country — under the leadership of President Nayib Bukele — has continued to do…

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Prediction markets beat Wall Street in forecasting inflation, Kalshi says

Prediction market traders consistently beat professionals in forecasting inflation, especially when the readings deviate from estimates by a greater amount, according to a study by prediction market Kalshi. Comparing inflation forecasts on its platform with Wall Street consensus estimates, Kalshi found that market-based traders were more accurate than conventional economists and analysts over a 25-month…

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Bitcoin’s quantum debate is resurfacing, and markets are starting to notice

Quantum computing and the threat it poses to encrypted blockchains has once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against…

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Hsiao-Wei Wang and Tomasz K. Stańczak

The Ethereum ecosystem underwent something of a short revival in 2025. Early in the year, as many major cryptocurrencies surged to fresh all-time highs, ether lagged behind. Some in the community pointed fingers at Ethereum Foundation’s (EF) leadership, claiming the organization hadn’t done enough to reinvigorate the network’s momentum. This feature is a part of…

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Coinbase (COIN) sues Connecticut, Illinois and Michigan over prediction markets regulation

Coinbase (COIN), the crypto exchange that plans to add prediction markets to its platform, is taking legal action in Connecticut, Illinois and Michigan over the states’ attempts to regulate those markets. The company filed lawsuits to “confirm what is clear,” Chief Legal Officer Paul Grewal wrote in a post on X on Friday: that prediction…

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