CoinSnacks

📌 A free daily newsletter for cryptocurrency enthusiasts, investors, and traders | Sponsor:

[Dillon Newman @Dilnewm]

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

[beehiiv 🐝 @beehiiv]

peep https://t.co/v3XZgypgRv built on the all new web builder 👀

[CoinSnacks @CoinSnacks]

BTC holds up well in face of tariffs. But, will crypto IPOs be put on hold?

https://t.co/hCvbi0uQuK

[CoinSnacks @CoinSnacks]

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.

https://t.co/o9HZaq1Cr9

https://t.co/Qd9b0LPmm8

[TFTC @TFTC21]

"I call it an air pocket. When we look at where all the supply changed hands and transacted. Very little supply transacted between $73k and $86k. That zone is a bit of a gap. We don’t know how much demand is down there." - @_Checkmatey_

[CoinSnacks @CoinSnacks]

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.

[CoinSnacks @CoinSnacks]

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.

[Dillon Newman @Dilnewm]

Coinbase really stepping up their marketing budget $COIN

[CoinSnacks @CoinSnacks]

Maybe it even still works? https://t.co/PDKRoXd20S

[CoinSnacks @CoinSnacks]

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.

[FOLD BITCOIN @fold_app]

We’re excited to share that Fold is set to list on the NASDAQ as the first publicly traded financial services company powered by bitcoin.

We will enter the market with over 1,000 bitcoin in our treasury. $EMLD
https://t.co/PBpnAZ6MF9

[CoinSnacks @CoinSnacks]

@futu00 @Mike10947310 @DeFiTechGlobal https://t.co/JEuTCl9bIy

[CoinSnacks @CoinSnacks]

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

[CoinSnacks @CoinSnacks]

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: https://t.co/aVAfCrrE56

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: https://t.co/ufPXi2Dw9C), 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

[CoinSnacks @CoinSnacks]

@Mangan150 @Mike10947310 https://t.co/BaQs8KDqDh

[CoinSnacks @CoinSnacks]

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: https://t.co/aVAfCrrE56

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: https://t.co/ufPXi2Dw9C), 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

[CoinSnacks @CoinSnacks]

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

[CoinSnacks @CoinSnacks]

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
https://t.co/gJkSLfg0Wv

[CoinSnacks @CoinSnacks]

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
https://t.co/gJkSLfg0Wv

[CoinSnacks @CoinSnacks]

Kraken remains at the top of our long list of crypto companies hoping to go public in the US soon

https://t.co/Tzj6olLYZp

[HorizonKinetics @HorizonKinetics]

Horizon Kinetics Blockchain Development ETF $BCDF- An Under-appreciated Way to Play the Growth of the Crypto Industry #blockchain
https://t.co/a7R1CSYMdJ
https://t.co/cIfSICzEYB