CoinSnacks

Coinbase has now entered the top 100 of stocks in the S&P 500 by market cap at $110 Billion. Today passing Lockheed Martin, Nike, Starbucks... $COIN

peep coinsnacks.com built on the all new web builder 👀

BTC holds up well in face of tariffs. But, will crypto IPOs be put on hold? coinsnacks.com/p/btc-holds-up…

1. Air Pockets BTC is trading at $84k, but some warn it can slide to ~$74k. Why? @intangiblecoins & @_Checkmatey_ , say there’s “mostly air” between $75-85k – meaning, very little BTC changed hands between that price range. x.com/intangiblecoin… x.com/TFTC21/status/…

2. SEC Closes Investigation into Uniswap Labs Make that 4 in one week. @Uniswap can now add itself to the roster of companies that the SEC will drop investigating. The company’s COO @Mclader stated that they spent “tens of millions” fighting the SEC.

Today in Crypto (Feb 26, 2025) 5. BTC Flees ETFs Spot bitcoin ETFs in the US saw their largest daily net outflows ever yesterday, totaling $1.1 billion. Fidelity's $FBTC led with $344.65 million in outflows. Globally, more than 14,500 BTC left BTC ETPs.

Coinbase really stepping up their marketing budget $COIN

Maybe it even still works? us17.campaign-archive.com/?e=&u=06a5d690…

Congrats to @fold_app, @willreeves, and the rest of the Fold team. To this day, Fold's sponsorship of @CoinSnacks for Lightning Network Pizza from 2019 is one of our favorites.

@futu00 @Mike10947310 @DeFiTechGlobal x.com/CoinSnacks/sta…

Our Response to DeFi Technologies $DEFTF Yesterday, we published a report explaining why we believe @DeFiTechGlobal's recent stock price run-up was built on promotion—not fundamentals. You can and should read that here: coinsnacks.com/p/defi-technol… Today, with the market closed, we woke up to a press release from the company responding to our "short and distort report." In the press release (seen here: newswire.ca/news-releases/…), DeFi Technologies states that they believe that our report was in coordination with short sellers, stating: "The Report was possibly commissioned by short-sellers in a coordinated effort to depress the valuation of the common shares of the Company (the "Shares") to cover short positions, a tactic that is common for short-sellers to deploy when a company is successful and the short-sellers find themselves on the wrong end of a short trade." So perhaps we can say this as clearly as possible. We are not currently, nor have we ever been, paid by a short-seller to cover any company. Furthermore, as stated in our original reporting, nobody on the CoinSnacks team has a position in any direction with DeFi Technologies. If more clarification is needed, we are happy to provide more. The real truth is that we are just a group of individuals who grew up together, fell in love with crypto, and began writing a weekly newsletter in 2017 – nearly four years before DeFi Technologies was even conceptualized. Our goal since the beginning has been to inform our readership of what we believe to be the good and the bad happenings in crypto. We stand by our reporting and we’ll leave it at that. We welcome anyone to further investigate and make their own judgment. $DEFTF $DEFI.NE

@Mangan150 @Mike10947310 x.com/CoinSnacks/sta…

@Mike10947310 They don't "hold shares". Doesn't mean no short position.

This is one of the craziest things I have seen in markets. I've always kind of thought of complaining about short sellers was (no offense) the domain of retail traders made a bad investment. But with the recent SEC action against Anson maybe I feel a bit empowered to point out tactics that are actually unethical, if not illegal. So $DEFTF was previously approached by a bank that is known to coordinate with short sellers. The bank proposed a $15m bought offering out of nowhere, involving a hedge fund Defi had never worked with or met before! This was obviously rejected given $DEFTF's strong balance sheet... I have never really heard of a bank just randomly reaching out with such a proposal before. Given how strange this was, Defi literally went to the authorities about this before the Coinsnacks report that "coincidentally" came out. They reported this offering as likely a tactic used to cover a short position that was underwater. They did this on June 13—once again, well before Coinsnacks. Which makes me laugh, this is some Kendrick/Drake level tactical stuff. Then, yesterday, a hit piece was published to 50,000 people via Coinsnacks newsletter. No affiliation with any short seller was disclosed! But after I pointed out on Twitter yesterday that Coinsnacks likely was paid something for this, a funny little note was added to the bottom of the page: "We are no saints and engage in promotion ourselves..." [see photo below] Oh, how interesting. This wasn't there before AFAICT. And now it is after my tweets! And by the way, the whole thesis of Coinsnacks is promotion = bad and scary and evil. Bit hypocritical, eh? They aren't revealing an undisclosed promotion. They are blasting a company that acted perfectly legally w/ disclosure to 50k people all at once. In any case, I don't want to be that guy that posts about only one name. Time to focus on $ALAR, $AWRE, $IBIO, $TSSI, and so many more. So won't post much on this for a while. Final note: I believe that one cool thing about Canadian companies is that trading from broker/dealers is disclosed via a broker number. Anyone on here with access want to look into who was trading yesterday and on the days mentioned in the rebuttal? Would be fascinating... I think we might find something illuminating... As I've said before, pro short sellers. But not pro illegality. @zachxbt @smantel

@Mike10947310 @DeFiTechGlobal Confirmed. Zero payment from anyone at anytime to cover DeFi.

@CoinSnacks @DeFiTechGlobal Are you willing to confirm you did not receive payment of ANY sort from ANYONE for this article?

DeFi Technologies has surged over 3,400% in the past 12 months, dwarfing the gains of BTC, ETH, & SOL combined. However, a recent promotional campaign has raised critical questions about the transparency & motivations behind this rally. $DEFTF $DEFI.NE coinsnacks.com/p/defi-technol…

Kraken remains at the top of our long list of crypto companies hoping to go public in the US soon coinsnacks.com/p/kraken-100-m…

Horizon Kinetics Blockchain Development ETF $BCDF- An Under-appreciated Way to Play the Growth of the Crypto Industry #blockchain horizonkineticsetfs.com/BCDF coinsnacks.com/p/blockchain-r…