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

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)

Finance

Robinhood's Q1 Crypto Revenue Rises Slightly From Previous Quarter

The company's quarterly revenue from cryptocurrency trading increased about $6 million to $54 million.

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Bitcoin Payments Remain in Their Infancy but There Are Green Shoots Everywhere

Can cryptocurrencies, stablecoins and CBDCs coexist as methods of payment? Industry leaders shine a light on the future of crypto payments. This piece is part of CoinDesk's Payments Week.

(Melody Wang/CoinDesk)

Finance

Propy Teams With Abra to Offer Property Purchases Backed by Crypto

Earlier this year Propy sold an NFT-backed home for $650,000.

Abra CEO Bill Barhydt appears on CoinDesk TV (CoinDesk TV screenshot)