Ukraine has done something it has never done before: moved seized cryptocurrency into active state management rather than leaving it frozen.
Kosta Gushterov
Journalist
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Latest articles by Kosta Gushterov
Strategy adopted a five-component Digital Credit Capital Framework that, for the first time, formally allows the company to sell Bitcoin under specific, board-controlled conditions.
Speaking at ETHCC, Polygon's Chief Product Officer John Egan argued that crypto's killer use case turned out to be moving money, specifically stablecoins as a payment rail, not NFTs, DeFi speculation, or trustless infrastructure as an end in itself. "The killer use case for crypto is money," he said.
The story in XRP is a split screen: the derivatives market just went through a violent, one-sided purge of leveraged bets, while network usage keeps climbing.
Public companies now hold more Bitcoin than at any point in history, and the more striking part is that some of them kept buying as the price fell.
Fundstrat's Tom Lee has a specific analogy for where crypto sits right now, and it's worth unpacking.
While most of the crypto market has been selling on macro fears, Solana has been doing something different: rising.
ETH is trading at $1,550, and its liquidation map tells a lopsided story. Across Binance, OKX, and Bybit over the past 180 days, the leverage is almost entirely stacked on the short side, above current price. Below it, there's very little left.
Cardano reached a price it hasn't seen since 24 December 2020, dipping to $0.1385 before steadying at $0.1448. Normally a six-year low means a market everyone has stopped paying attention to.
XRP has slipped to $1.04, down 3% on the day, after touching a low of $1.0116, its weakest print since the June 5 capitulation.
Two prominent voices, BitMEX co-founder Arthur Hayes and Strategy's Michael Saylor, argue the same thing from different angles: AI vacuumed up the money that could have driven Bitcoin higher, and the moment that reverses, crypto could be the destination.
The past three months have been rough for most of the crypto market, but the damage was far from even. Some majors gave back a fifth or more of their value, while a couple swam against the tide entirely.
