Bitcoin trades at $75,600 on April 30, 2026, below all three moving averages with RSI at 41 on both signals. The short squeeze setup that institutional funds monitor requires three converging conditions. None are active yet.
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
Michael Saylor, co-founder and executive chairman of Strategy, took the stage at Bitcoin Las Vegas 2026 to present what he called the killer application of Bitcoin — not the commodity itself, but a credit instrument built on top of
Ripple and OKX announced a strategic partnership on April 29, 2026, making RLUSD live across 280 spot pairs and available as institutional-grade margin collateral for derivatives. The 280 pairs are the headline. The collateral function is the structural shift.
Maximilien de Hoop Cartier was sentenced to eight years on April 28, 2026, for laundering $470M in Colombian cartel proceeds through USDT and shell companies. The U.S. government seized $2.36M, his commission. The remaining $467.64M is not in the forfeiture order.
Bitcoin is testing $77,399 with the most depleted exchange liquidity of 2026. The dry powder left, but the data suggests it relocated, not disappeared.
On April 28, 2026, Israel's Capital Market, Insurance and Savings Authority formally approved BILS, a stablecoin pegged 1:1 to the Israeli shekel, issued by Bits of Gold on Solana.
Monero climbed from $320 to $405 between April 7 and April 26 with spot takers buy dominant every single session and retail futures activity registering neutral for the entire move.
Chainlink's exchange reserve has fallen from 141.5M LINK to 130.9M in 25 days, culminating in a single-session net outflow of 970,430 tokens on April 25, the largest since December 2, 2025.
Sze Man Yu Inos, known as "Yuki," was sentenced to 71 months in federal prison on April 23, 2026, for a Bitcoin investment fraud scheme that targeted older women across four US jurisdictions over 14 months.
Over March and April, $6 billion in net stablecoin inflows accumulated on Binance, reversing $7.6 billion in prior outflows. Exchange supply ratio hit its highest level in months. Then transfer activity collapsed 68% from January peaks.
Ethereum's open interest has flushed to levels comparable to April 2025 while funding rates turn negative and the taker ratio oscillates near neutral.
Bitcoin's third rejection at $80,000 was accompanied by the sharpest single-candle RSI collapse on the 1-hour chart and a 47% decline in the Coinbase Premium Index since April 22.
