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

Mastercard Launches Crypto-Linked Payment Cards in Asia Pacific

The card giant will enable customers in the region to convert cryptocurrency to fiat for payments.

Mastercard (Shutterstock)

Finance

Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether

The Bakkt Warehouse is now available to institutional clients for custody of ether, the company said.

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)

Finance

Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3

The payments firm said bitcoin revenue and gross profit fell in the third quarter versus the prior quarter due to the relative stability in bitcoin prices.

Square Is Building Bitcoin Hardware Wallet

Finance

VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights

Coinbase Ventures was the most active investor in the quarter by far, with 24 deals.

Venture Capital  (Getty Images)

Finance

Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral

The crypto exchange’s customers can obtain cash via their PayPal or bank accounts.

Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates

Finance

Crypto Trading Platform AscendEX Raises $50M From Backers Including Alameda Research

The platform has reached over $200 million in average daily trading volume.

CoinDesk placeholder image

Finance

Coinbase Is Testing a Subscription Service With No Trading Fees

Spread fees will still apply to each trade.

Chart of the Day: Coinbase's Price Fluctuates in the Hours After Public Listing

Finance

Marathon Digital Holds $457M in Bitcoin After Increase in October Mining

The bitcoin mining company’s production rose 23% over the previous month.

Máquinas de minería de bitcoin (Shutterstock)

Finance

OLB Group Surges 90% After Saying It’s Ready for Mastercard Bitcoin Payments

The move comes as payment firms seek to integrate cryptocurrency into their offerings for merchants.

Mastercard Acquires Blockchain Analytics Firm CipherTrace

Finance

Coinbase Revenue Could Hit Nearly $50B by 2025, Investment Firm Says

Hayden Capital’s prediction for 2021 revenue of $8.8 billion is higher than other analysts’ estimates

Coinbase CEO Brian Armstrong (CoinDesk archives)

Michael Bellusci | CoinDesk Author