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 Stocks Retreat on Bitcoin's Dip as Macroeconomic Concerns Linger

Cryptocurrency mining equities were among the worst-hit in Friday's trading session.

(Sophie Backes, Unsplash)

Finance

New Galaxy Crypto Fund on Path to Raise $100 Million by Year End

The crypto merchant bank's Liquid Alpha Fund launched last quarter with internal capital.

Galaxy Digital Portfolio Manager Chris Rhine (Galaxy Digital)

Finance

CME Group Adds to Crypto Offerings With Ether Options

The exchange will allow traders to make bets and manage risk ahead of the Ethereum Merge.

The CME is set to launch ether options trading (Joseph Sohm/Shutterstock)

Finance

Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius

Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.

Thermometer (Getty Images)

Finance

Coinbase Will Be ‘Meaningful’ Beneficiary of Ethereum Merge, JPMorgan Says

Coinbase's staking offering will drive revenue for the crypto exchange, JPMorgan's equity analyst said.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Finance

Citigroup Furthers Crypto Push With Two Digital-Asset Hires

Wall Street continues to fill for digital-asset roles despite the lingering crypto bear market.

(Sophie Backes, Unsplash)

Markets

First Mover Americas: Bitcoin Hits $25K But Fails to Hold, Galaxy Digital Scraps Plan to Buy BitGo

The latest price moves in crypto markets in context for Aug. 15, 2022.

BTC couldn't hold $25,000. (Jordane Mathieu/Unsplash)

Finance

Institutional Investors Are Increasingly Using Crypto Options Trading to Hedge Their Bets in Bear Market

Options trading volume has risen on crypto exchanges, and even miners are using options strategies to muddle through the current uncertain environment.

Crypto options trading has been rising. (Alistair Berg/Getty Images)

Finance

Blockchain Firm Skynet Labs Shutters After Failing to Get New Funding

Skynet Labs was formed to promote decentralized internet platform Skynet.

(Shutterstock)

Finance

Crypto-Exchange Coinbase Stock Is Not Out of the Woods as Market Uncertainty Hovers

Wall Street lacks conviction over whether or not Q2 was the bottom for the platform.

(Sophie Backes, Unsplash)