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Nansen CEO Shares 11 Catalysts Driving Crypto Bull Run

Alex Svanevik, CEO of blockchain analysis platform Nansen, stated on social media that there are more catalysts for the cryptocurrency bull market than he remembers. These include: the conviction of former FTX CEO SBF; the possible approval of a BTC spot ETF; financial technology companies such as PayPal entering the blockchain market; a rise in NFT trading volume; blockchain products becoming a reality; the launch of Web3 games; improved accessibility due to technological advancements; the use of real-world assets (RWA) and DeFi supported by liquidity staked tokens (LST); MicroStrategy's unrealized Bitcoin profits exceeding $1 billion; a shift in US Federal Reserve policy; and the Bitcoin halving, for a total of 11 events.

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