Ethereum's supply structure has rarely looked more favorable on-chain. Staked ETH is at an all-time high, Binance depositors are quiet, and Realized Cap is rising, but the the price is 5.5% down for the week.
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
XRP is trading at $1.32 at the time of writing, having broken below the Fibonacci 0.786 level at $1.3335 and entered the grey retracement zone between 0.786 and the full retracement at $1.2779.
Bitcoin is trading at $74,526 on the daily chart as of May 23, having broken below the SMA50 and approaching its next identifiable structural support in the current decline.
Bitcoin is trading at $75,834 on the 1H chart as of May 22, with all three moving averages declining above current price and an RSI reading of 24.67 placing the hourly momentum in deeply oversold territory.
Solana is trading at $86 on the daily chart as of May 22, sitting just below the Fibonacci 0.5 retracement level of the April-to-May rally while four separate technical conditions converge at the same price zone.
In an appearance on the New Era Finance Podcast hosted by Michaël van de Poppe, Sergey Nazarov, co-founder of Chainlink, was asked how he keeps his mental state alive during the demanding periods of building a protocol.
South Korea's National Assembly Committee on Finance and Economic Planning is reviewing a public petition with over 52,000 signatures demanding the complete repeal of the planned 22% cryptocurrency gains tax.
Three separate data sources are pointing toward that DOGE is facing accumulation at current price levels. The price has stayed flat while the signals have built, and the distance between what the data shows and what price has done is the question the article addresses.
The mid-March rally that took FET from approximately $0.175 to $0.265 has been fully retraced. Price is at $0.19 at the time of writing on May 21, sitting in the same zone from which that move launched, with the same three moving averages declining above it and the same sub-50 RSI momentum reading.
Michael Saylor appeared on CNBC to discuss Bitcoin's position in the current cycle, Strategy's digital credit product STRC, and a long-term price target that reframes every other number he offered in the interview.
Arthur Hayes commented on why Bitcoin does not need the CLARITY Act to survive, and why passing it would undermine the very thing that makes Bitcoin worth holding.
Peter Schiff laid out the structural case against Michael Saylor's Strategy, arguing that the company's Bitcoin treasury model meets the definition of a Ponzi scheme regardless of how openly Saylor describes it.
