The launch of Open USD, the 140-plus company stablecoin consortium backed by Visa, Mastercard, Stripe, Coinbase, and BlackRock, drew a direct response from the person with a lot to lose.
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
Ethereum is sitting on the line that has defined its entire structure since the last bear market, and it's testing it under real pressure.
Strategy's preferred shares got their first market verdict on the company's new capital framework, and it was positive, even as Bitcoin kept sliding.
Binance is facing one of its largest retail-investor lawsuits yet. Nearly 1,700 British investors have filed a group claim against the exchange and founder Changpeng "CZ" Zhao in London's High Court, seeking at least £150 million (about $200 million) in damages.
June 2026 was a structurally significant month for Bitcoin, not just a down one. The clearest evidence is in the ETF data: spot Bitcoin funds bled capital continuously, without a single positive week.
On July 1, 2026, the transition period for the EU's Markets in Crypto-Assets regulation (MiCA) ends, and any exchange serving EU users without a CASP license will be operating outside EU law. The striking part isn't the rule itself, it's how few firms have actually cleared the bar, and how concentrated the licensed survivors are.
A UAE-based private bank reportedly used the recent market correction to acquire €120 million in Bitcoin, though the claim lacks independent audit.
Bitcoin's price fell to $58,360 at the time of writing on June 30, down 2.99% on the day, dropping through a multi-day consolidation to retest the same zone that has marked the 2026 low since early June.
XRP is consolidating after a hard fall, and its derivatives market has quietly gone calm. Price sits at $1.0479 at the time of writing, down 5.6% for the week, having dropped from the $1.25 area through $1 in June.
Fundstrat's Tom Lee thinks crypto's weakness is a price problem, not a broken thesis. Speaking with Anthony Scaramucci on SALT, he laid out a wide-ranging bull case.
Ukraine has done something it has never done before: moved seized cryptocurrency into active state management rather than leaving it frozen.
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.
