Crypto News Round-Up : • Solana’s SOL token surpassed $2 | Bitcoin & Crypto Trading

Crypto News Round-Up :

• Solana’s SOL token surpassed $200 for the first time since November 2021, driven by a meme coin frenzy.
• Fidelity’s Wise Origin Bitcoin Fund (FBTC) joined BlackRock’s iShares Bitcoin Trust (IBIT) as one of the top five most popular exchange-traded funds (ETFs), attracting significant inflows.
• Indonesia reported a surge in cryptocurrency transactions, reaching IDR 30 trillion ($1.92 billion) in February, with the number of crypto investors rising to 19 million.
• Millions of dollars have been sent to meme coin “pre-sales,” sometimes resulting in dire consequences for investors.
• The Bitcoin network is set to undergo its fourth halving next month, sparking discussions about Bitcoin’s changing cultural scene and technical advancements.
• The crypto market sentiment has shifted from surviving the crypto winter to enjoying a bull market, with Bitcoin reaching new all-time highs and Ethereum crossing the $4,000 mark.
• Kalshi, a regulated U.S. prediction market platform, will list betting markets on various crypto price outcomes, including when Bitcoin will reach $100,000 and the potential peak of Ethereum in 2024.
• The culture around Bitcoin is evolving, with a shift from maximalism to a more inclusive and innovative community, as seen with the introduction of the Ordinals protocol and discussions about Bitcoin’s purpose beyond being a savings technology.

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