Bitcoin trades at $77,043 on the daily chart as of May 19, halting a decline at the SMA50 and the lower boundary of the ascending channel that has contained price since the March lows.
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
The tokenized ETF market has 651 products, $441.9 million in market cap, and Ethereum holding nearly three quarters of that. Against a $20 trillion global ETF industry, those numbers tell two stories simultaneously.
Arthur Hayes has revised his Bitcoin price target and the reason he gives is not that his framework has changed but that the pace of money creation has not kept up with what his framework requires.
Bitcoin has broken below $77,000 with two separate taker sell volume spikes above $1 billion driving the move, and the daily RSI has crossed below 50 for the first time since the February recovery began.
The tokenized stock market has reached $1.5 billion in onchain market cap, growing approximately 40 times in a single year. The concentration behind that number is what the headline figure does not show.
Over 225,000 ETH moved into Binance in a single day in May 2026, and the 7-day moving average behind that spike is the signal that places the event in a longer trend.
The corporate Solana treasury table has a leader and then four companies so tightly grouped they are effectively competing for the same position.
Blockchain's permanent record was supposed to make crypto transparent. Binance Research's latest data shows it has also made criminal proceeds structurally impossible to launder at scale.
Three independent on-chain data sources published this week are measuring the current Bitcoin correction from different angles and reaching the same conclusion, and the conclusion has a structural explanation that none of them states alone.
SUI has given back most of its May rally and is now sitting between two clearly defined levels, with on-chain order size data identifying the support below and the moving average structure identifying the resistance above.
XRP has dropped approximately 2% on the day and broken below every moving average on the hourly chart, but the on-chain data behind the move describes one where whale selling pressure has not yet turned aggressive.
CoinMarketCap's weekly top gainers list for the week ending May 15 shows two separate stories running simultaneously inside the same table.
