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


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)

Finance

DEX Protocol Injective Raises $40M From Jump Crypto, Brevan Howard Unit

The project will use the funds to boost the utility of the INJ Token.

(Peter Dazeley/Getty Images)

Finance

Coinbase Shares Drop as Crypto Winter Takes Toll on Exchange's Trading Volume

The company faced earnings headwinds, although prices have stabilized recently and the company just struck a deal with BlackRock.

(Robert Nickelsberg/Getty Images)

Finance

MicroStrategy Explored Options From Art to Real Estate Before Bitcoin Buys, New CEO Says

The software company now owns nearly $3 billion worth of bitcoin.

New MicroStrategy CEO Phong Le (MicroStrategy)

Finance

Cathie Wood Says Ark Sold Some Coinbase Due to Uncertainty on SEC Probe

Ark's CEO explained the firm's rationale for selling some of its Coinbase stake in late July.

Ark Invest's Cathie Woods (Danny Nelson/CoinDesk)

Finance

Exchange Coinbase Rallies Ahead of Q2 Results, but Major Questions Remain

Analysts expect trading volumes to have taken another hit, although a recent near-doubling in the stock price suggests markets may have discounted the bad news.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Finance

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin's Crash. Now He Aims to Rebound Again

After MicroStrategy’s stock collapsed in 2000, the now-former CEO flew under the radar. Crypto changed all that.

MicroStrategy CEO Michael Saylor at the Bitcoin 2022 Conference in Miami (Marco Bello/Getty Images)