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Latest from Michael Bellusci
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.

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%.

Coinbase Has ‘Structural Advantage’ Over Competitors, Cowen Analyst Says
Stephen Glagola gave the crypto exchange an outperform rating and $85 price target.

Ark 21Shares Backers Take Another Shot at Spot Bitcoin ETF Approval
The initial application for a spot bitcoin ETF was rejected in April.

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.

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.

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.

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.

Shopify Expands Crypto Payment Options With Crypto.com Pact
Shopify merchants also have access to Jack Mallers' Strike, Coinbase Commerce and BitPay.

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.
