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

CoinFLEX Withdrawals Remain Halted as Recovery Token Talks Continue

The company had initially hoped to resume withdrawals on Thursday.

Withdrawals remain suspended at CoinFLEX. (RapidEye/Getty images)

Policy

SEC Rejects Grayscale’s Spot Bitcoin ETF Application

Grayscale has said it was prepared for “all possible post-ruling scenarios."

CoinDesk placeholder image

Finance

CoinFLEX Says Roger Ver Owes It $47M USDC as Spat Turns Public

The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.

Bitcoin investor Roger Ver (CoinDesk archives)

Finance

Accelerate Financial Launches NFT Fund, Sees Prices Bottoming

The fund will own a mix of NFT collections, including CryptoPunks and Bored Ape Yacht Club.

Mutant NFT with Accelerate Financial logo (Accelerate Financial Technologies Inc.)

Finance

CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues

The exchange said last week it was halting withdrawals amid market declines and counterparty uncertainty.

CoinFLEX halted withdrawals. (FLY:D/Unsplash, modified by CoinDesk)

Finance

Grayscale Lines Up Jane Street and Virtu as 'Authorized Participants' if GBTC Converts to ETF

The owner of the $13.5 billion Grayscale Bitcoin Trust awaits an imminent decision from the SEC on its spot Bitcoin ETF proposal.

Grayscale's new ad campaign can be seen in New York's Penn Station. (Nikhilesh De/CoinDesk)

Finance

Grayscale Remains ‘Unequivocally Committed’ to Converting GBTC to an ETF

A July 6 deadline for an SEC ruling on the Grayscale Bitcoin Trust conversion application looms.

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Finance

With Bitwise and Grayscale Decisions Looming, Spot Bitcoin ETF Approval Hopes Are Running Low

Final deadlines for approval by the SEC for the two investment firms' applications are fast approaching.

Grayscale at Conesnsus 2016

Finance

European Crypto Exchange Bitpanda Cuts Staff by Hundreds

Bitpanda announced it is reducing its employee count to 730, down from about 1,000.

Bitpanda co-founders (left to right) Christian Trummer, Paul Klanschek and Eric Demuth.

Finance

SkyBridge’s Scaramucci: Bitcoin Is ‘Technically Oversold’

The investment fund founder was philosophical about recent crypto debacles, including the collapse of the terraUSD stablecoin and luna token that supported it.

Anthony Scaramucci speaks at Collision 2022. (Michael Bellusci/CoinDesk)