Alex Svanevik from Nansen encapsulates the crypto bull market ingredients:

1. Legal actions against fraudsters clearing space.

2. Anticipated spot ETF launch, attracting genuine institutional investors.

3. Entry of fintech giants like PayPal and upcoming bank-issued stablecoins.

4. Emergence of diverse participation avenues like social and betting products.

5. Revival in NFT trading volume.

6. Debut of Web 3.0 games after substantial development.

7. Tech advancements reducing barriers for users with solutions like Layer 2 and fee reduction.

8. DeFi progress with liquidity staking and real asset-based tokens.

9. Corporate FOMO sparked by MicroStrategy's significant BTC profits.

10. Absence of the Fed's anticipated pivot.

11. Impending BTC halving. #CryptoBullMarket #MarketOutlook #BitcoinWorld