Polymarket sees 31% odds for Bitcoin at $70K in August
Prediction market platform Polymarket currently assigns a 31% probability to Bitcoin (CRYPTO:BTC) reaching US$70,000 during August 2026, according to the platform's live market data.
Prediction market platform Polymarket currently assigns a 31% probability to Bitcoin (CRYPTO:BTC) reaching US$70,000 during August 2026, according to the platform's live market data.
The Pentagon presses defense companies to accelerate weapons production as the Iran war depletes key US stockpiles and raises questions about readiness in other regions. Brigadier General Mark Kimmitt (Ret) and Bloomberg Economics Defense Lead Becca Wasser are on Bloomberg This Weekend and say the US has used at least half of its Patriot stockpile in the Iran conflict, forcing tougher choices over supplies for allies including Ukraine.
A total solar eclipse will cross Greenland, Iceland, Portugal and northern Spain on Wednesday August 12th, marking the first total eclipse visible from central or western Europe since 1999. Royal Observatory Greenwich Astronomer Imo Bell is on Bloomberg This Weekend with hosts David Gura and Christina Ruffini and says the event offers spectators a rare view of totality while giving scientists an opportunity to study the sun's corona.
Senate Majority Leader John Thune filed a cloture motion on the Digital Asset Market Clarity Act at 4:52 a.m. ET on Saturday, establishing a procedural vote for 15 September 2026 following an extended overnight legislative session.
More than 180,000 customers in Puerto Rico are facing rotating 48-hour water outages as severe drought compounds longstanding problems with the island's water infrastructure. Resident Commissioner Representative Pablo José Hernández joins David Gura and Christina Ruffini on Bloomberg This Weekend and calls for a federal emergency declaration to unlock additional assistance and said poor management has worsened the crisis, while arguing Puerto Rico must also hold local officials accountable.
Iran and Oman are still discussing a temporary arrangement for shipping through the Strait of Hormuz, but attacks on regional energy infrastructure and major disagreements over transit rules are complicating negotiations. Bloomberg News White House Correspondent Skylar Woodhouse and Bloomberg News Middle East Correspondent Abeer Abu Omar join Bloomberg This Weekend and explain to hosts David Gura and Christina Ruffini that even with an agreement, shipowners and traders expect it could take weeks or months for oil flows to approach normal levels.
Fintech company AI Financial Corp (NASDAQ:AIFC), formerly known as ALT5 Sigma, has sold its Canadian subsidiary ALT5 Sigma Canada to New York-based PrimeDelta Corp, according to a filing submitted to the US Securities and Exchange Commission on Friday.
Ripple, the payments technology company behind the XRP Ledger, holds more than 50 money transmitter licences across the United States, surpassing the requirements set out in the proposed Payment Access to Cryptocurrency Entities (PACE) Act, according to crypto researcher SMQKE.
The US Attorney's Office for the District of Connecticut has charged three men from St Louis — Sedric Louis, John Davis, and Martel Williams — with conspiracy to interfere with commerce through robbery, alleging they plotted to break into a residence and force victims to transfer cryptocurrency linked to a multi-hundred-million-dollar Bitcoin (CRYPTO:BTC) theft.
Former Ethereum Foundation member Abbas Khan has stated that strong founders understand the foundation cannot help them find product-market fit, arguing that entrepreneurial success ultimately rests with the founders themselves and not with institutional support.
China's producer price index rose 3.5% year-on-year in July 2026, according to the National Bureau of Statistics, representing the latest in a series of consecutive monthly factory-gate price increases in the world's second-largest economy.