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

Genesis Posts Another Record Derivatives Trading Quarter With Over $20B in Volume

Bitcoin’s share of its loan mix fell thanks to the Grayscale Bitcoin Trust discount, Genesis said in its Q4 report.

Genesis CEO Michael Moro speaks at Invest: Asia 2019.

Finance

Amazon Marketplace Owners Can Now Be Bought Out in Crypto

Elevate Brands is teaming up with Coinbase to offer the option.

Sede regional de Amazon en Sunnyvale, California. (Colección Smith/Gado/Getty Images)

Finance

SEC Delays Decision on Bitcoin-Related ETFs From Ark 21 Shares, Teucrium

Investment firms are still trying to get bitcoin ETFs approved by the U.S. regulator.

Jer123 / Shutterstock

Finance

Cathie Wood’s Ark Invest Predicts Bitcoin Could Exceed $1M by 2030

The noted investor previously said the cryptocurrency would reach $500,000 by 2026.

Cathie Wood, CEO of Ark Investment Management

Finance

Coinbase, Robinhood Trade at All-Time Lows Before Rebounding Monday

Crypto-exposed stocks have been hurt badly by the sharp slump in cryptocurrency prices.

New Constructs: Coinbase Stock Could Fall to $100

Finance

Singapore VC Blockchain Founders Raises $75M for New Fund

The company has been an early investor in blockchain, crypto, Web 3 and metaverse startups.

Singapore (Lauryn Ishak/Bloomberg via Getty Images)

Finance

El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says

The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.

El Salvador President Nayib Bukele has reportedly targeted journalists with spyware. (Michael Nagle/Bloomberg via Getty Images)

Finance

SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings

The software firm said in a filing it would revise its future reports to reflect the SEC’s concerns.

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention

Finance

Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout

The stock declines come as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time in months.

(Getty Images)

Finance

FTX Readies Visa Debit Card for Users to Spend Crypto Balances

The card is currently unavailable in certain countries – including the U.S.

(Matt Cardy/Getty Images)