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

Samson Mow Exits Blockstream to Focus on Nation-State Bitcoin Adoption

With Infinite Fleet close to the beta stage, Mow said he will also divert more attention to his gaming company Pixelmatic.

Samson Mow (Pixelmatic)

Finance

CME Group to Offer Micro Crypto Options After Introducing Futures

The options trading debut comes after the derivatives marketplace added micro bitcoin and ether futures last year.

CME headquarters, Chicago

Finance

Coinbase Hires Goldman Veteran to Lead Financial Operations

It’s the latest in a long line of traditional finance executives exiting their positions to join the crypto industry.

LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)

Finance

Coinbase Remains a Market Leader Despite Near-Term Headwinds, Analysts Say

The shares fell as analysts cut their price targets while saying they’re not concerned about Coinbase's business.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Finance

Coinbase Beats Q4 Estimates, but Shares Fall on Outlook

The U.S.’s largest crypto exchange expects lower trading volumes and monthly transacting users in Q1.

Coinbase share were rallying Friday. (Photo illustration by Leon Neal/Getty Images)

Finance

Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG

Core came public last month via a SPAC merger, but has struggled alongside declines in the price of bitcoin.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Finance

Coinbase’s Q4 Trading Volumes Set to Increase but Outlook Could Get Gloomy Amid Volatility

Analysts are divided on the outlook for America’s largest cryptocurrency exchange.

(Getty Images)

Finance

Crypto-Powered Wireless Network Helium Raises $200M at $1.2B Valuation: Report

Tiger Global and FTX Ventures were among the new investors in the company, Axios reported.

A Helium Hotspot, circa 2019

Finance

Binance.US Hires Former Société Générale and Gemini Exec as Chief Compliance Officer

Tammy Weinrib will have a focus on know-your-customer (KYC) and anti-money laundering (AML) programs.

Binance. (Shutterstock)

Finance

Bakkt Expects to Post Losses in 2022 as Investment Ramps Up

The digital asset platform said it plans to spend $150 million to $170 million this year in future growth initiatives, including expanding its crypto offerings.

Bakkt Holdings, Inc. leadership outside the New York Stock Exchange following a successful merger with VPC Impact Acquisition Holdings to take the firm public. (NYSE)