Jiang Zhuoer: BTC breaks below key support level; next level to watch is $69,100.

Jiang Zhuoer, founder of BTC.com, said that BTC has fallen below the 50% Fibonacci retracement level of $72,600. The next level to watch is the 61.8% retracement level of $69,100. It is necessary to observe whether BTC can rebound before falling to $70,000. Jiang Zhuoer plans to look for opportunities to close out the short positions hedging he established around $73,000.

JPMorgan Chase disclosed that it increased its holdings in Strategy by 224,545 shares, for a total of $25.5 million. Following the increase, JPMorgan Chase holds a total of 848,932 shares of Strategy, valued at $97.1 million, representing a 36% increase in its shareholding.

One address has made a profit of approximately $22.42 million in the past 30 days and increased its short position in Nvidia by approximately $6.83 million. The total profit for this address was approximately $19.21 million. Address details: 0xfe7ce058edc7cfcde9ef8262ba51f8d4796ab7ae

Coinkite CEO Rodolfo Novak stated that an AI model discovered a vulnerability in Coldcard firmware versions 4.0.1 and later that could bypass the hardware random number generator. Between July 30th and August 4th, over 5,200 addresses lost approximately 1,816 BTC, worth about $116 million. James O'Beirne privately pointed out in May 2025 that Coldcard had an issue with random number generation. A firmware update fixed the problem on new devices but not on older mnemonic phrases; affected users needed to generate new ones. (Source: Bitcoin News)

JPMorgan Chase announced the purchase of $47 million worth of Bitcoin. JPMorgan Chase currently holds over $539 million worth of Bitcoin. (The Bitcoin Historian)