Michael Bellusci

Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.

Michael Bellusci

Latest from Michael Bellusci


Finance

One River’s Carbon Neutral Bitcoin ETF Rejected by SEC

It's the latest in the agency's string of rejections of spot bitcoin ETF applications.

U.S. Securities and Exchange Commission (Shutterstock)

Finance

UK Crypto Hedge Fund Weathers Market Storm With Arbitrage Strategy

Nickel Digital Asset Management’s arbitrage fund is only down about 0.6% this year, compared to bitcoin’s drop of roughly 40% and the Nasdaq’s dip of 24%.

(Shutterstock)

Finance

Coinbase Has ‘Structural Advantage’ Over Competitors, Cowen Analyst Says

Stephen Glagola gave the crypto exchange an outperform rating and $85 price target.

CoinDesk placeholder image

Finance

Ark 21Shares Backers Take Another Shot at Spot Bitcoin ETF Approval

The initial application for a spot bitcoin ETF was rejected in April.

U.S. Securities and Exchange Commission (Shutterstock)

Finance

Consider Digital Assets Instead of Still-Pricey Real Estate, Say JPMorgan Strategists

Nikolaos Panigirtzoglou and team mull the outlook for crypto following the Terra collapse.

JPMorgan strategists like digital assets instead of real estate for alternative portfolios. (Yuichiro Chino/Getty images)

Finance

Stripe, OpenNode Team Up to Allow Instant Fiat-to-Bitcoin Conversions for Businesses

The new OpenNode app will launch on the Stripe App Marketplace in coming weeks.

(MoMo Productions/Getty images)

Finance

Coinbase Co-Founder Fred Ehrsam Buys the Dip, Purchases $75M of Company Stock

The purchases were made via Paradigm, a venture capital firm Ehrsam co-founded.

Paradigm co-founder Fred Ehrsam speaks at Token Summit II. (Credit: Brady Dale for CoinDesk)

Finance

Coinbase Outlines Cost-Cutting Measures, Employee Grants Amid Weak Results and Crypto Rout: Report

The report based on internal emails seen by The Information comes after Coinbase said earlier this week it will slow hiring.

Coinbase has detailed cost-cutting measures in internal company emails. (Getty Images)

Finance

Shopify Expands Crypto Payment Options With Crypto.com Pact

Shopify merchants also have access to Jack Mallers' Strike, Coinbase Commerce and BitPay.

Shopify has increased the number of crypto payment options available to merchants. (Roberto Cortese/Unsplash)

Finance

MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report

Andrew Kang spoke to The Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy.

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention