KateCrypto

@katecrypto

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106 Followers

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Today I want to share with you information about a promising L2 with a guaranteed drop for farming participants BOB is Layer2 on Bitcoin, fully EVM compatible and designed to combine the robust security of Bitcoin with the versatility and innovation of Ethereum smart contracts • Invested: $10,000,000 • Investors: Coinbase, Mechanism, IOSG and others 💖 First register : https://fusion.gobob.xyz/?refCode=b4v8m8 💖 Use bridges for deposit ETH, BTC or stables: https://app.gobob.xyz/bridge?type=deposit&network=ethereum https://www.orbiter.finance/ How we can farm points? -Hold $ETH, $WBTC Stables in DEX, Lending -Make bridges, swaps in ecosystem projects -Mint NFT, Participation in Launchpads

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ALIENX launched the mainnet, they let you mint the NFT GENESIS PASSCARD ( https://alienxchain.io/quest?ref=kue5Ks ), which gives access to XP farming for an asset in the network, for XP we spin roulette, gems fall out of it💖

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What are your thoughts on the crypto market? Too many key events have happened recently: - First ever US spot Bitcoin ETF approved - Spot Bitcoin ETF - the most successful ETF launch in history! - ETF buys more Bitcoins per day than miners produce - Ethereum Spot ETF Approved - Trump creates a pro-cryptocurrency army - Wall Street and major banks are buying BTC - High illiquid offer - Record low supply on exchanges and over-the-counter platforms. - No media hype - No retail interest And all this does not take into account future interest rate cuts, global liquidity surge, quantitative easing and paper/fiat currency depreciation. All these factors are inevitable due to the fact that purely mathematically they are the basis of fiat. How can you not be optimistic in the next 5 years? Personally, I am as bullish as possible and believe that we will experience incredible developments in crypto in the coming years.

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Synthetic Bitcoins are keeping the price from going up! Spot ETFs are buying, institutions are buying, even pension funds are buying. So why is the price stagnating? Who is selling? In 2024, a lot of commentators were looking at the money flowing into Spot Bitcoin ETFs, as if that was all that mattered. But what matters is overall supply and demand. 1) Old investors. They have 10x more BTC than all the ETFs combined. And they sell in every bull market. 2) We are living in the modern era of Bitcoin. Similar to gold (there is physical gold and there is paper gold), today the market is flooded with paper Bitcoins: derivatives and futures. To be fair, this process began back in 2017, but is now reaching unprecedented proportions. So... looking solely at ETF flows is not the best strategy. You need to look at on-chain data, technical price action, and most importantly - derivatives data (Paper Bitcoins).

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