Bitcoin Whales Are About To Buy Altcoins!?
Published: 2024-12-05
Status:
Available
|
Analyzed
Published: 2024-12-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Over 280,000 BTC is predicted to be wrapped as WBTC, potentially reclaiming its all-time highs.
"per June analytics this could mean over 280,000 BTC being wrapped as wbtc"
Pending
CBTC is predicted to grow as large as WBTC did in the last cycle, implying another 280,000 BTC wrapped as CBTC.
"it looks likely that CB BTC will grow as big as wbtc did in the last cycle This would mean another 280,000 BTC being wrapped as CB BTC"
Pending
Approximately 1 million BTC (around 5% of total supply) could be wrapped across all protocols.
"close to 1 million BTC could be wrapped That would be around 5% of btc's total Supply"
Pending
With a potential BTC cycle top of $150,000, 1 million wrapped BTC implies $150 billion in BTC on other chains and tens of billions in stable coin borrowing for altcoin purchases.
"if we assume a BTC cycle top of around $150,000 1 million wrapped BTC works out to $150 billion worth of BTC on other chains and tens of billions of dollars of stable coins being borrowed against it to buy alts"
Pending
ETH, SOL, and altcoins within their respective ecosystems are predicted to benefit most from the wrapped Bitcoin boom.
"the altcoins which will benefit the most from this wrapped Bitcoin boom are likely to be eth soul altcoins in ethereums and Sal's ecosystems"
Pending
The extensive leverage generated by wrapped Bitcoin protocols is predicted to be a contributing factor to the next crypto market crash.
"the outcome of all the resulting leverage will be be and so this brings me to the question of why all this wrapped Bitcoin could be a contributing factor to the next crypto market crash"
Pending
Leverage is identified as the historic cause of crypto market crashes.
"this is what's happened in every crypto cycle Leverage is the historic cause of crashes"
Pending
CBTC is predicted to grow significantly, potentially exceeding 280,000 BTC wrapped, due to Coinbase's user-friendliness and increasing DeFi accessibility for retail users.
"it looks likely that CB BTC will grow as big as wbtc did in the last cycle This would mean another 280,000 BTC being wrapped as CB BTC a figure that could easily grow much higher because coinbase is so user friendly and because defi itself is becoming more accessible to retail"
Pending
TBTC is expected to grow at least as large as Ren BTC, with potential for even greater expansion.
"the latter will be a Tailwind for tbtc which should grow at least as large as r BTC did if not much more"
Pending
A restriction in Bitcoin's circulating supply due to wrapping will be supportive of BTC's price, assuming demand remains stable or increases.
"this restriction in circulating Supply would be supportive of btc's price around the margins assuming demand stays the same or Rises"
Pending
Altcoins on Base and Solana are identified as the future biggest beneficiaries of CBTC.
"from our perspective the biggest beneficiaries of CB BTC in the future will be altcoins on Bas and salana"
Pending
The Solana ecosystem is predicted to grow one cycle behind Ethereum in terms of ecosystem development and SOL's potential.
"salana seems to be following ethereum one cycle behind this is true both in terms of Sal's ecosystem growth as well as Soul's potential"
Pending
Cross-chain TBTC has the potential to capture emerging markets that WBTC and CBTC are not currently focused on.
"these are emerging markets that neither wbtc nor CB BTC are focused on but ones that cross-chain tbtc could capture"
Pending
Positive DeFi regulations are expected in the US in the coming months, which will accelerate DeFi leverage.
"in the coming months positive defi regulations are likely to be passed in United States this is going to accelerate defi leverage from all angles"
Pending
Increased DeFi leverage is expected to lead to an explosion in altcoin prices.
"as before this will cause an explosion in altcoin prices"
Pending
The anticipated passage of positive DeFi regulations in the US is expected to accelerate DeFi leverage across various forms of wrapped Bitcoin.
"in the coming months positive defi regulations are likely to be passed in United States this is going to accelerate defi leverage from all angles be it via wrapped BTC or otherwise"
Pending