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

Crypto Investment-Product Firm 21Shares' Parent Raises $25M, Pushing Valuation to $2B

The newly formed 21.co launched as the parent company of ETP issuer 21Shares and technology platform Onyx.

21.co co-founders Hany Rashwan and Ophelia Snyder (21.co)

Finance

BlackRock to Use Kraken Subsidiary for Crypto Offering

The asset manager will use CF Benchmarks' bitcoin index.

BlackRock headquarters (Shutterstock)

Finance

FTX.US Derivatives Deepens Board With Addition of Ex-CFTC Commissioner

The hire comes as FTX has previously pitched the CFTC to directly clear customers' crypto swaps.

Former Commodity Futures Trading Commission Commissioner Jill Sommers, in a 2011 photo. (Chip Somodevilla/Getty Images)

Finance

Coinbase Gets Hold-Equivalent Rating From Barclays on Crypto Regulatory Risk

The headwinds are set to continue for the exchange, says the investment bank.

(Sophie Backes, Unsplash)

Finance

Ether May Continue to Lose Momentum Until Merge Is Completed, BofA Says

Investors want more clarity around The Merge and its implications, the bank told clients in a research note.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Finance

Coinbase Adds Nano Ether Futures to Derivatives Platform for Retail Traders

This follows the exchange recently launching Nano Bitcoin futures for retail clients.

(Chesnot/Getty Images)

Finance

Investment Bank Cowen Nabs 2 Crypto Hires for Digital Asset Team

Cowen's crypto-focused hires come after the bank launched its digital asset division this year.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Rises Slightly Along With Stocks

U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets.

Crypto assets and stocks rose slightly. (Nancy Hughes/Unsplash)

Finance

CoinShares a Good Way to Play the Crypto Recovery, BTIG Analyst Says

Europe's largest digital asset management company continues to develop crypto-focused financial products and maintains an edge over peers, said the analyst.

CoinShares CEO Jean-Marie Mognetti (CoinShares)

Finance

FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report

Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC.

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)