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

Block’s Stock Would Shine if It Not for Its Link to Bitcoin, Mizuho Says

The company's fundamentals are improving, the investment bank said.

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Finance

Investor Concerns About Galaxy Digital's LUNA Exposure Are Overblown, BTIG Says

Galaxy Digital’s stock has plummeted more than 40% this week, but a BTIG analyst says LUNA-related concerns are unwarranted.

Galaxy CEO Mike Novogratz

Policy

Grayscale Had ‘Productive’ Meeting With SEC on Bitcoin ETF Conversion

The SEC to date has approved several futures-based bitcoin ETF products, but has delayed or outright rejected all spot bitcoin ETF applications.

(AnaFox_photo/Getty images)

Finance

Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution

Wall Street analysts lowered share-price targets for the crypto exchange after its first quarter earnings report.

NEW YORK, NY - APRIL 14: Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Coinbase Global Inc. is the largest U.S. cryptocurrency exchange, debuting today through a rare direct listing.  (Photo by Robert Nickelsberg/Getty Images)

Finance

Coinbase's Q1 Revenue Misses Estimate as Trading Volume Drops, Shares Fall Almost 16%

The U.S. crypto exchange's trading volume declined 44% from the fourth quarter.

(Benjamin Girette/Bloomberg via Getty Images)

Finance

Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken

Coinbase’s first-quarter results could see some soft spots as crypto prices continue to retreat.

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

Finance

Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions

The payments firm formerly known as Square said it didn’t record any bitcoin impairment charges in the quarter.

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Finance

Valkyrie’s Bitcoin Futures ETF Gets SEC Approval, Following Teucrium Nod

The approval came as the firm used a different exchange act application, which also helped Teucrium get the green light for a similar product.

Valkyrie has filed for a bitcoin futures ETF.

Finance

Filecoin Foundation and MuckRock Seek to Integrate Decentralized Document Storage

Verified users will be able to simultaneously publish vetted documents to both DocumentCloud and Filecoin/IPFS.

( Paul Taylor/Getty images)

Finance

CI Global, Galaxy Digital Expand ETF Suite With Blockchain and Metaverse Offerings

The new ETFs will track indexes created by Alerian S-Network Global Indexes and Galaxy Digital Holdings.

(Khaosai Wongnatthakan/Getty images)