ilmscore | Cardano & Polkadot Are Buying BTC—What It Means for ADA & DOT

Cardano & Polkadot Are Buying BTC—What It Means for ADA & DOT

Published: 2025-06-26
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 1
Incorrect: 3
Pending: 2
Unrated: 0
Prediction
Topic
Status
Cardano plans to sell $100 million worth of ADA to acquire stablecoins, a portion of which will be used to buy Bitcoin, aiming to boost its DeFi ecosystem and bootstrap Bitcoin DeFi protocols.
"in practical terms this means selling $100 million of ADA to buy Cardano stable coins to increase its DeFi liquidity again a portion of this capital will go towards buying BTC which could also be used to bootstrap Cardano's Bitcoin DeFi protocols"
ADA
Incorrect
Specifics of Cardano's sovereign wealth fund will be revealed at the Rare Evo conference from August 6th to 10th.
"Charles revealed in a recent expost that the specifics around how Cardano's sovereign wealth fund will work will be revealed at the rare EVO conference which takes place from August 6th to 10th in Las Vegas"
ADA
Incorrect
A Polka Dot community member proposed buying Bitcoin using 500,000 DOT, with an on-chain proposal expected in the second week of June.
"hippie Stank the wonderfully named user who proposed this plan noted that they would submit an onchain proposal quote as soon as next week which would have been sometime in the second week of June"
DOT
Incorrect
Polka Dot founder Gavin Wood proposed diversifying the treasury to include fiat, gold, NFTs, and other cryptocurrencies.
"he advocated for the Polka Dot Treasury to diversify its assets including fiat currency gold NFTs and other cryptocurrencies"
DOT
Pending
Hyperlive, despite generating significant fee revenue, is likely to prioritize buying back its own native token over accumulating Bitcoin.
"the caveat is that Hyperlid will probably continue directing this revenue towards buybacks of its own hype coin after all if a project is earning large revenues why would it use that revenue to buy Bitcoin when it can instead buy back its own native token"
HYPE
Pending
Multiple smart contract cryptocurrencies are likely to adopt Bitcoin treasury strategies to increase on-chain Bitcoin liquidity for DeFi purposes.
"more smart contract cryptos want more Bitcoin on their chains due to its growing value if you watched our video about wrapped Bitcoin you'll know that the supply of various forms has been going parabolic on multiple blockchains and this wrapped Bitcoin is then being used in DeFi both as a trading pair indexes and as collateral in lending and borrowing protocols"
Altcoin Bitcoin Treasury Strategies
Correct