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Coin Bureau - Bitcoin Is Rallying! Are These Cryptos Next?

Posted by Simon Keighley on December 11, 2024 - 9:20am Edited 12/11 at 9:27am


Coin Bureau - Bitcoin Is Rallying! Are These Cryptos Next?

Coin Bureau - Bitcoin Is Rallying! Are These Cryptos Next?

"If I told you there was one factor you can use to predict altcoin pumps, would you believe me? Well, believe it or not, there is one factor that does this, and it’s one you would never guess: wrapped Bitcoin.

It’s easy to forget that crypto whales don’t always sell to rotate to altcoins. Many of them will instead use their BTC or ETH as collateral to borrow stablecoins, which they then use to buy altcoins.

Given that BTC is the best kind of collateral you can have in crypto, knowing which blockchains have the most wrapped Bitcoin gives us a sense of which altcoins could pump when the whales start levering up.

Just don’t ask what happens when they have to deleverage – watch until the end to find out!"

Coin Bureau

 

TIMESTAMPS

0:00 Intro

0:48 DeFi Leverage Causes Altcoin Rallies

5:38 Altcoins wBTC Could Pump With Leverage

8:19 Will Coinbase cbBTC Pump Solana?

11:32 tBTC And Decentralized Wrapped bitcoin

14:58 How Will Wrapped Bitcoin Affect BTC Price?

18:30 Why Wrapped Bitcoin Leverage Could Cause The Next Crash

21:43 Outro

 

Source - Coin Bureau YouTube:

https://www.youtube.com/watch?v=SMSPrI-IGeo


 

Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

 

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