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

JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value

The investment bank also continues to rate crypto exchange Coinbase as a buy.

JPMorgan Chase headquarters in New York (Michael Nagle/Bloomberg via Getty Images)

Finance

SEC Charges Founder of Crypto Startup Crowd Machine With Fraud

Australian Craig Sproule is accused of misleading investors about how he was going to use the proceeds of a $41 million initial coin offering back in 2018.

(Getty Images)

Policy

NYDFS Hires New Deputy Superintendent of Virtual Currency

Peter Marton will join the regulator’s research and innovation group, with a special focus on digital currencies and blockchain.

New York state's capital city, Albany. (Ron Antonelli/Bloomberg via Getty Images)

Finance

MoneyGram Takes 4% Stake in Coinme, Building on Existing Partnership

MoneyGram’s strategic investment will help the crypto cash exchange company to expand globally and in other areas.

moneygram

Finance

Blockchain Firm BTCS to Offer Dividend in Bitcoin; Shares Surge

Investors who choose not to receive the so-called “bividend” will receive a regular cash payout.

Nasdaq street view

Markets

Bitcoin Can Reach $100K in ‘Hypothetical’ Store of Value Boost, Goldman Sachs Says

The firm assumes a scenario where bitcoin adoption increases as a store of value for investors versus gold.

(Getty Images)

Finance

Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares

The deal gives WonderFi one of Canada’s fastest-growing crypto platforms, adding 375,000 registered users.

The Bitbuy team. (Bitbuy)

Finance

Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain

Binance’s Ontario users still face account restrictions.

Binance CEO Changpeng Zhao (Bryan van der Beek/Bloomberg via Getty Images)

Policy

Binance Still Not Authorized to Operate in Ontario, Securities Commission Says

The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.

Binance CEO Changpeng Zhao (Bryan van der Beek/Bloomberg via Getty Images)

Finance

Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators

The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.

End of an Era? Binance Clamps Down on Customer Verification Requirements