A statutory prohibition on a Federal Reserve digital dollar took effect on July 11 without a presidential signature, after Donald Trump let the 10-day constitutional deadline expire in protest over unrelated voting legislation.
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 near $1.10 after losing roughly 70% from its July 2025 level, while bearish positioning on Binance has continued to build. The 30-day aggregated funding rate has reached its most negative point of 2026, leaving crowded short positions potentially vulnerable if price begins to recover.
Bitcoin trades near $64,000 on July 10, resting on a monthly confluence of technical support, while investor Grant Cardone publicly argues the market still needs a capitulation move into the $40,000s before November. The setup pits a rare structural support level against a bearish roadmap from a high-profile buyer who says he wants price to break, not drift.
Bitcoin's ratio to gold has fallen further below its long-term trend than at any point since 2010. The oscillator tracking that gap printed minus 1.81 standard deviations this week, a deeper reading than either the 2015 or 2022 bear market lows.
Bitcoin climbed 1.5% to $63,800 on 10th of July in a market stuck in a strange place: down roughly 50% from its high, its aggressive buyers quiet for five weeks, and the usual capitulation sellers still missing.
The White House pushed back on July 9 against Senate Democrats' claims that the Trump administration is refusing to nominate Democratic commissioners, saying it requested names for vacancies at the SEC and CFTC and "has not received names in response."
Morpho, DeFi's third-largest protocol by total value locked, went live on Solana on July 9, landing in a week when the network's tokenized real-world assets crossed $3 billion and social sentiment printed its most negative day of the year.
Swift announced on July 9 that its blockchain-based ledger is ready for initial use, with 17 banks from six continents preparing to pilot live cross-border payments using tokenised deposits.
Russia’s Alfa-Bank plans to launch a digital custody service for cryptocurrencies once new rules are in place.
ESMA launched a coordinated EU-wide review of crypto custody operations on July 8, 2026, moving MiCA supervision from the licensing question to the harder question of whether crypto firms can actually protect client assets under stress.
BNB Chain published its H2 2026 technical roadmap on July 8, targeting another doubling of mainnet throughput even as BSC DEX volume cooled 9.18% week-over-week to $4.35 billion.
Strategy sold Bitcoin last week to fund preferred stock distributions, but the sale did not reduce the company’s $1.25 billion reserve-building capacity.
