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Warning: Can Coinbase Handle Surging BTC Demand?

Lark Davis March 12, 2024
GBTC

GM friends!

Where to start this week?

Crypto markets continue to heat up and memecoins are either making people rich or driving them crazy.

But let’s begin with a look at BTC definitively pushing through all-time highs, and take in some concerns around Coinbase breaking down at critical moments.

Here's what's in today's issue:

  • Sam shares his thoughts on BTC breaking 70k, Coinbase faltering again, a Bitcoin Ordinal selling for 8 BTC, AI, memes and gaming dominating, ETH ETF updates & Optimism’s private token sale.
  • Week 4 updates for my 10x Portfolio.
  • This week on chain.
  • This week's trending coins by Rebecca.
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BTC Breaks 70K After Coinbase Falter

After tapping repeatedly at the 70K mark, bitcoin has finally made a strong break into new highs, bringing the surge of excitement that can only come from being in entirely new price territory.

It’s an exhilarating start to the week, and a welcome relief from the last couple of weeks, which saw BTC very briefly touching new highs before immediately correcting back down again. What’s more,

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