Lombard (@Lombard_Finance): Last week in Bitcoin:
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
Last week in Bitcoin: - Bitcoin traded a roughly $62.2K to $66K range and closed the week near $63K, as the market de-risked into and out of the FOMC. - A Coldcard firmware flaw from 2021 was exploited, draining roughly 1,367 BTC (about $89M) from 4,585 wallets and reopening the self-custody debate. - Aave proposed deprecating 50 low-adoption reserves and winding down six chains sunsetting some BTC assets. - Strategy extended its buying pause to a fifth week at 843,775 BTC, raised $544.5M via ATM equity, and built USD reserves to $3.75B against a reported $8.22B Q2 unrealized loss. - US spot Bitcoin ETFs turned net negative for the week but still closed July with roughly $172M of inflows, the smallest monthly total on record. - DAT vehicles stayed under stress with holders diverging: some firms sold or pivoted to AI, while Zhibao added 2,380 BTC via a $154.7M PIPE. - Satoshi Nakamoto's line "If you don't believe me or don't get it, I don't have time to try to convince you, sorry" marked its 16th anniversary this week.