An asset's published return and what a holder actually experienced are different numbers, and the gap has causes worth understanding.
C Callum Ashby
Live · Prediction Markets
Data via Polymarket · Not financial advice
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The total crypto market is valued at $2.16T, down 0.76% over the past 24 hours. The forces that move it from here — how fearful traders are, how much Bitcoin dominates, where liquidity is flowing and which corner leads or lags — are the live readings that follow.
Deep, plain-English explainers on how crypto, markets and the data behind them actually work — built to be read, not skimmed.
Callum Ashby is a markets and exchanges reporter for Coingsty, writing from Edinburgh. He follows where crypto trades and how: the venues, the order books, the derivatives that set the pace, and the liquidity that appears and vanishes when it is needed most. His reporting is grounded in market microstructure, from spreads and depth to funding and basis across exchanges, the gap between headline volume and volume that is actually real, and the moments when a thin book turns an ordinary sell into a cascade. Callum spent years close to trading operations before he started writing, and he brings a practitioner's suspicion of tidy explanations. When a token gaps, he wants to know what cleared it, whether a liquidation loop, a delisting or a single large order, rather than reaching for a story about sentiment. That approach suits Coingsty's standards: he draws a hard line between reported figures and interpretation, sources prices and volumes to exchange data he can point to, and is blunt about wash trading, incentive-inflated metrics and self-reported numbers that cannot be checked. He also covers the connective tissue between crypto and traditional markets, including listed miners, treasury companies, and the securities and currencies that move alongside the tokens, and the regulation slowly redrawing where all of it can happen. His aim is to give traders and long-term readers alike an honest read on liquidity and risk, not a reason to feel clever. Away from the desk, Callum is a persistent student of past market blow-ups and keeps a shelf of post-mortems as a reminder of how confidently people explain things only after they break.
Tobias Rennick is a Bitcoin and macro reporter for Coingsty, based in Toronto. He writes about the asset where crypto and traditional markets increasingly meet: spot Bitcoin and the funds that wrap it, the rate and liquidity backdrop that pushes it around, and the derivatives positioning that amplifies every move. His reporting starts from the numbers, including ETF creation and redemption flows, futures basis and funding, options open interest, and the exchange balances that hint at who is buying and who is leaving. Tobias came to the beat from a markets desk, and he is skeptical by default of round-number price targets that arrive without a mechanism attached. He would rather explain why a move happened, whether a shift in real yields, a large expiry or a change in ETF demand, than guess where it goes next. That fits how Coingsty works: he keeps forecasts clearly labelled as opinion and reserves the reported parts of a story for figures he can trace to an issuer filing, an exchange feed or a verifiable on-chain flow. He is careful with the things that mislead retail readers most, such as annualized returns quoted without their drawdowns, inflows that are really rebalances, and dominance charts that flatter one narrative over another. When he covers a new product or a policy change, he tries to answer the practical question underneath the headline: who is now able to buy or sell that could not before, and at what cost. Away from the terminal, Tobias reads central-bank minutes for fun and keeps a running, faintly obsessive log of how often consensus macro calls turn out to be wrong.
Devraj Menon reports on Ethereum, layer-2 networks and the on-chain data underneath them for Coingsty, from Bengaluru. His beat is the part of crypto that leaves a public trail: validator activity and staking yields, gas and fee markets, bridge flows, and the steady migration of activity from mainnet out to rollups. Devraj is happiest with a block explorer open in one tab and a protocol's documentation in another, reconciling what a team says its network does with what the chain actually records. He got into the beat through software rather than trading, and he tends to ask engineering questions first, such as how finality works, where sequencing is centralized, and what a decentralized claim really rests on, before he asks what a token might be worth. For Coingsty that discipline matters: he keeps measurement separate from marketing, sources every metric to a query a reader could in principle rerun, and is candid about the limits of on-chain data, including how easily wash activity and incentive programs can inflate the numbers that get quoted as adoption. He writes for readers who want to understand mechanisms, not just prices: why fees spike, what an upgrade changes for ordinary users, whether a yield is real or subsidized, and what the trade-offs of each scaling approach actually are. He is allergic to the word revolutionary and will usually replace it with a specific, checkable claim. Outside reporting, Devraj maintains a few small open-source data tools, mentors developers moving into the space, and has a long-running side interest in how badly designed dashboards quietly mislead the people who trust them.
Marisol Verhoeven covers stablecoins, tokenized real-world assets and the plumbing of cross-border payments for Coingsty. Working from Rotterdam, she reports on how digital dollars and euros actually move: which reserves back them, who audits those reserves, and where a redemption can quietly break under stress. Before turning to full-time markets writing, she spent several years in payments operations, and that background shapes her approach: she treats a stablecoin as a claim on something, then goes looking for the something. Her stories lean on primary sources, from attestation reports and on-chain redemption flows to exchange proof-of-reserves and the fine print of licensing regimes across the EU, the UK and Asia. Marisol is deliberate about the line Coingsty draws between data and opinion. When a figure cannot be sourced to a filing, a contract or a verifiable on-chain event, she leaves it out rather than round it up, and she is quick to flag when a widely repeated market-size number is really an estimate stacked on an estimate. She is equally interested in the questions most coverage skips: settlement finality, banking partners, the mechanics of a de-peg and what recovery actually costs holders. Readers come to her work for context they can act on without being sold a narrative, and for a clear read on whether a new regulatory framework tightens or loosens the screws and what that means for the tokens and desks that depend on it. Off the beat, she follows the slow, unglamorous progress of instant payment rails and enjoys explaining why settled in seconds is a harder promise to keep than it sounds.
Sector moves are market-cap-weighted 24h averages. For information only — not financial advice.
Litecoin (LTC) launched in 2011 as a faster, Scrypt-mined fork of Bitcoin with a bigger supply cap — here is how it actually differs and what to weigh before holding it.
“We publish real, sourced numbers—or none at all—and we keep market data clearly separate from opinion.”— Coingsty Editorial Team
Coingsty is an independent crypto news publication. We don’t run paid placements dressed as coverage, we cite our sources, and when we get something wrong we fix it and say so.
