Despite the firm&#8217;s skepticism over digital assets, J.P. Morgan is actively leveraging blockchain technology.

Marex partners with J.P. Morgan for 24/7 blockchain settlement

Scammers used Google Ads to impersonate Aave investment platforms in an 
attempt to trick users into linking wallets to malicious sites.

Aave hit by phishing attack day after reaching $60B in net deposits

The recent White House report on digital assets emphasizes the need for the 
CFTC to have clear authority over spot markets for &#8216;non-security&#8217; digital 
assets. Experts express skepticism about the CFTC&#8217;s ability to effectively 
manage both the U.S. derivatives market and the crypto sector. Recommendations 
for Regulatory Clarity The recently released White House report on […]

Is ‘Simple’ Regulation a Risk? Experts Debate White House’s Crypto Recommendations

Bitcoin price analysis looks to last November for clues as to how high BTC 
might go if recent bull market history repeats.

Bitcoin price echoing 2024 pattern that saw 50% BTC gains: Trader

A VARA spokesperson told Cointelegraph that while mutual license recognition 
is a feature, it does not mean automatic passporting to different emirates.

Dubai and UAE move to align crypto frameworks under new partnership

Paolo Ardoino, chief executive officer of stablecoin issuer Tether, has called 
Bitcoin “undefeatable” in a recent X post. The bold claim comes as markets 
wobble and digital assets face fresh downward pressure. Related Reading: 
Bitcoin Insult Alert: Pro Trader Dubs HODLers ‘Idiots,’ Saylor Fires Back 
Bitcoin’s price action has been muted this week, but Ardoino’s comment has 
stirred up plenty of talk among traders and analysts. Tether’s Bitcoin 
Holdings Grow According to reports, Tether has boosted its Bitcoin stash to 
nearly 80,000 BTC. That holding is worth more than $9 billion at current 
rates. The company&#8217;s steady buying suggests it sees deep value in Bitcoin even 
when prices slide. In recent weeks, Tether’s balance sheet has leaned heavily 
on the world’s oldest crypto asset. Some market watchers say that kind of 
commitment from a major player could shore up confidence in Bitcoin’s long- 
term prospects. Bitcoin is undefeatable — Paolo Ardoino 🤖 (@paoloardoino) 
August 6, 2025 Supporters have jumped in to back Ardoino’s take, pointing to 
Bitcoin’s history of bouncing back after big sell-offs. Based on reports from 
crypto forums and social feeds, many believe that only severe, lasting shocks 
can truly move the price for long. Yet others caution that calling any asset 
“undefeatable” risks lulling investors into a false sense of security. They 
warn that new technologies could emerge and challenge Bitcoin’s top spot in 
years ahead. Bitcoin $BTCUSD and a number of the other cryptos are setting up 
a head fake after a Bollinger Band Squeeze. Interestingly, the pattern is not 
evident in the ETFs as they don&#8217;t trade on weekends and holidays. Analyst 
beware! — John Bollinger (@bbands) August 6, 2025 Technical Warning From 
Bollinger Meanwhile, John Bollinger, the creator of the Bollinger Bands 
charting tool, issued a note on X about a possible “head fake” in Bitcoin’s 
price. He pointed out a Bollinger Band squeeze that briefly pushed Bitcoin 
down to $111,900 on Aug. 3, only for it to snap back up to $115,700. That 
sudden U-turn trapped many bears who bet on further declines. Bollinger also 
said the same pattern doesn’t show up on crypto ETFs, since those funds don’t 
trade on weekends. Borrowed from basketball, the term &#8220;head fake&#8221; describes an 
asset that surges one way and then reverses course, catching traders by 
surprise. Bitcoin closed most sessions near the $115,000 mark this week, with 
Bitstamp data showing it trading at $115,200 at one point. The coin has edged 
up slightly over the past 24 hours, but volatility remains a factor. Traders 
note that weekend gaps and low liquidity can trigger sharp moves in either 
direction. Related Reading: Slow And Steady: Bitcoin’s Current Rise Feels 
Different—Study Market Participants Weigh In Analysts and fund managers are 
parsing both the bullish spin from Tether’s boss and the caution flag from 
Bollinger’s camp. Some say Bitcoin’s track record in the past decade—including 
weathering regulatory clampdowns, global economic shocks, and high-profile 
exchange failures—earns it the right to such bold labels. Others argue that 
blind faith alone won’t protect investors from sudden market swings. Featured 
image from Meta, chart from TradingView