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Bitcoin August Price Prediction: Likelihood of Reaching $90,000 Drops Sharply
ME News reported on August 23 (UTC+8) that, according to prediction market data, in the “What price will Bitcoin reach in August?” event, the implied probability of the “Reach” outcome for “Will Bitcoin reach $90,000 in August?” fell from 50.5% to 7.0%, a single-day decline of 43.5 percentage points.
BTC-1.69%
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“We were attacked”: Canada announces matching retaliatory tariffs on the U.S. and others will take effect on September 8.
[ME AI]() Canadian Prime Minister Carney delivered a nationally televised address on the 22nd, providing a comprehensive explanation of Canada’s position regarding the breakdown of trade negotiations between Canada and the United States. Carney announced that, in response to the United States imposing 50% tariffs on $20 billion worth of Canadian goods, Canada’s equivalent retaliatory tariff plan would officially take effect on September 8. Carney said the retaliatory tariffs would cover multiple sectors, including dairy products, steel, home appliances, pulp and paper, and electronic products. (Source: Wallstreetcn)
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Federal Reserve Governor Bowman: Regulators must consider how to respond to new technologies such as Mythos.
Top Federal Reserve regulator Bowman said it is necessary to study how to regulate new technologies such as Anthropic’s Mythos, as their ability to independently identify and patch vulnerabilities could strengthen cybersecurity, but malicious use could also expose and exploit weaknesses. Anthropic is evaluating safeguards and restricting the release of its latest model, which has also prompted Trump administration officials to consider the risk of cyberattacks that could threaten financial stability.
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“Celtics vs. Lakers” Sees Concentrated Betting Across Multiple Addresses, With a Cumulative Amount Exceeding $1000k
ME News, May 2: Prediction market data shows that within 24 hours, multiple addresses concentrated their participation in the “Celtics vs. Lakers” event and selected the outcome “Celtics—Celtics vs. Lakers,” with a cumulative bet of approximately $1448.0k, indicating that the outcome attracted significant capital attention in a short period.
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Bitwise Announces the Closure and Liquidation of the BTOP and BWEB Crypto ETFs
Bitwise announced the closure and liquidation of two ETFs, BTOP and BWEB; no reason was disclosed. Starting May 21, 2026, holdings that are not voluntarily redeemed will be redeemed for cash at NAV, with the proceeds expected to be distributed through brokers and other channels around May 29.
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BTC6.03%
ETH3.96%
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Trump: Negotiations with Iran Have Made Progress, but Not Enough
ME News, May 2 (UTC+8) — U.S. President Trump said that Iran had “made a lot of progress” toward reaching an agreement, but he was uncertain “whether they will ultimately be able to reach an agreement.” Regarding the possibility of holding a new round of in-person talks in Pakistan, Trump said that the United States “has great respect” for Pakistan and its leaders, but that “it is a very long journey.” He said that all negotiations are currently being conducted by phone. (Source: ODAILY)
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Grayscale Believes Bitcoin’s Current Price May Offer a Favorable Entry Point for Long-Term Investors as Three Factors Converge
A Grayscale research report says that Bitcoin’s structural adoption trend is continuing, the current bear market is already relatively deep, and the macro outlook is generally favorable. Three factors may signal a long-term entry point, but prices could still decline. The drivers include government deficits, the expansion of blockchain-based financial applications, and generational asset allocation. The bear market has lasted about 10 months, close to the median of previous cycles. Macro risks lie in real interest rates and Federal Reserve policy; if rates are raised again, prices could fall further. Bitcoin rose to about $79,461 in August before retreating to around $77,000.
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BTC-1.69%
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Trump: Tariffs on cars and trucks from the European Union will be raised to 25%
ME News reported that Trump said tariffs on automobile and truck imports from the EU would be raised to 25% next week because the EU has failed to comply with the trade agreement between the two sides. Tariffs would be waived if the EU manufactures in the United States. Several automobile and truck factories are currently under construction, with investments exceeding $100 billion, a record high. They are expected to create jobs for American workers and begin production soon.
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ISM PMI Index Above 51 for Four Consecutive Months
ME News, May 2 (UTC+8) — The ISM PMI index released today was 52.7, marking the fourth consecutive month above 51. The previous two instances occurred in January 2017 and September 2020, both of which triggered historic-scale cryptocurrency price increases. ISM is a U.S. manufacturing economic indicator, and a reading above 51 indicates economic expansion. Previously, whenever the ISM index remained above 55, the crypto market saw significant price increases. The index has not yet reached 55. (Source: MLion)
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U.S. Treasury Secretary: Iran’s leadership is isolated from information, and the blockade against Iran will continue
ME News reported that, using the metaphor “rats in sewers have little knowledge of the outside world,” the U.S. Treasury secretary outlined five realities to Iran’s leadership: 1) The United States has fully taken control of the Strait of Hormuz; 2) There is a shortage of hard-currency U.S. dollars; 3) Food and gasoline are being rationed; 4) The international community is broadly opposed; 5) Sanctions will continue until freedom of navigation before February 27 is restored.
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Coasty AI Launches Coarena Crowdsourced Computer-Use Benchmark Platform
The Coasty AI team announced today the launch of Coarena, described as the largest crowdsourced computer-use benchmarking platform to date. The team said existing computer-use benchmarks are becoming saturated because static test sets are leaked into training data once released, causing model scores to rise without necessarily improving real-world capabilities. Coarena adopts a crowdsourced arena model intended to avoid the saturation problem of static benchmarks. The platform’s specific operating mechanism, evaluation dimensions, and metrics have not yet been disclosed. Source: InFoQ.
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Printr Public Sale Pledge Amount Forecast Lowered, Confidence in “Over $6 Million” Option Plummets
ME News, May 2 (UTC+8) — Prediction market data shows that in the “Total Commitments to the Printr Public Sale?” event, the trading probability of the “More than $6 million committed to participate in the Printr public offering?” “Yes” option plunged from 38.3% to 2.1%, a 36.2 percentage-point decline in a single day.
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Honor’s Lightning robot ran 100 meters in 9.32 seconds, breaking the human 100-meter world record
From August 22 to 26, the second World Humanoid Robot Games opened in Beijing. During the preparation stage, “Lightning” of the Glory Team completed a 100-meter test in 9.32 seconds, reaching a top speed of 14.5 meters per second and breaking the human 100-meter record of 9.58 seconds. Under the new competition rules, all events except the 100m and 400m hurdles must be completed fully autonomously, with the completion times for the three racing events shortened to 1, 5, and 15 minutes. Lightning will compete in the 100m, 400m large-size category, 1500m, and other racing events.
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Printr Public Sale Funding Commitment Prediction Update: The probability of the “Yes” option plunged by 76.3 percentage points.
ME News reported that on May 2 (UTC+8), in the “Total Commitments to Printr Public Sale?” event, the prediction for “More than $8 million committed to the Printr public sale?” showed the probability of the “Yes” option plunging from 76.6% to 0.2%, a one-day drop of 76.3 percentage points.
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ISM PMI Index Has Exceeded 51 for Four Consecutive Months
ME News reports that the ISM PMI index announced today, May 2 (UTC+8), came in at 52.7, exceeding 51 for the fourth consecutive month. The previous two instances of this occurring were in January 2017 and September 2020, both of which triggered historic cryptocurrency price increases. The ISM is a U.S. manufacturing economic indicator; a reading above 51 indicates economic expansion. Previously, whenever the ISM index remained above 55, the crypto market experienced significant price increases. The index has not yet reached 55. (Source: MLion)
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“Celtics vs. Lakers” saw concentrated betting across multiple addresses, with the cumulative amount exceeding $1000k
ME News, May 2 — Prediction market data shows that within 24 hours, multiple addresses concentrated their participation in the “Celtics vs. Lakers” event, choosing the outcome “Celtics-Celtics vs. Lakers,” with cumulative bets totaling approximately $1448.0k, indicating that the outcome attracted significant capital attention in a short period.
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Trump: Tariffs on automobiles and trucks from the European Union will be increased to 25%
ME News reported that Trump said tariffs on automobile and truck imports from the European Union would be raised to 25% next week because the EU has failed to comply with the trade agreement between the two sides; vehicles produced at facilities in the United States would be exempt from the tariffs. Several automobile and truck factories are currently under construction, with investments exceeding $100 billion, a record high. They are expected to create jobs for American workers and begin production soon.
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"DOTA 2: BoomBoys vs. Team Spirit (BO3) - International Playoffs" 24H trading volume reached $1.5M
ME News, August 23 (UTC+8) — Prediction market data shows that the 24-hour trading volume for “DOTA 2: BoomBoys vs. Team Spirit (BO3) — International Playoffs” reached $3.8M, with market participation increasing significantly.
ME-8.59%
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Iran’s latest negotiation proposal has been delivered to the United States, and the U.S. Navy’s USS Gerald R. Ford has left the Middle East.
ME News reported on May 2 (UTC+8) that Pakistani officials said Iran’s latest negotiation proposal had been relayed to U.S. officials. The specific contents of the new proposal have not yet been released. It is reported that Iran relayed its latest negotiation proposal to the United States through Pakistan on April 30. U.S. officials said today that the U.S. military’s largest aircraft carrier, the "Ford," had left the Middle East. Following the "Ford’s" departure, the number of U.S. carrier strike groups deployed in the Middle East was reduced to two: the "Lincoln" and the "Bush." (Source: PANews)
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Several Hong Kong Digital Banks Announce Results: Ping An Digital Bank Deposits Exceed HK$12.5 Billion, WeLab Losses Narrow
ME News reports that several digital banks in Hong Kong are gradually moving beyond their early-stage cash-burning expansion phase, with losses continuing to narrow and revenue accelerating in 2025. The focus of competition is shifting from customer acquisition to profitability. WeLab Bank’s 2025 after-tax loss fell to HK$59.75 million, while its adjusted loss declined from HK$238 million in 2024 to HK$47.059 million. Ping An Digital Bank’s after-tax loss narrowed to HK$274 million, with net interest income rising 62% year over year to HK$224 million and total assets increasing 135% year over year to HK$12.38 billion. Deposits surpassed HK$12.5 billion at the end of March 2025.
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