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

Finland Plans to Donate Seized Bitcoins to Help Ukraine: Report

The bitcoin seized in various criminal investigations and donated could be worth as much as $77 million, according to the report.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Finance

Flexa Expands Payments Suite for Multiple Cryptocurrencies and Wallets

Flexa said its new feature will allow over 99 digital currencies for payment options.

Payments networks are increasingly accepting cryptocurrency. (Camilo Freedman/Bloomberg via Getty Images)

Finance

Stripe to Let Clients Make Payments in USDC Stablecoin via Polygon – Starting With Twitter

Twitter will be the first company to test this option by paying earnings via crypto to content creators who use its monetization products.

Rarible is adding Polygon NFTs. (George Pagan III/Unsplash)

Finance

Simplify Files for Bitcoin ETF Mixing Treasurys and Options Strategies

The company earlier this year applied with the SEC to list a Web 3 ETF.

Four of the spot bitcoin exchange-traded funds were among the top 20 U.S. ETF launches of all time. (Ivelin Radkov/Getty images)

Policy

Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund

The Teucrium fund gained the SEC's nod under laws that may apply to spot ETFs.

The headquarters building of the U.S. Securities and Exchange Commission (SEC) stands in Washington, D.C., U.S., on Monday, May 10, 2010. The chief executive officers of the biggest U.S. stock markets were called to a meeting at the SEC today to discuss last week�s selloff in equities, according to four people familiar with the situation. Photographer: Joshua Roberts/Bloomberg via Getty Images

Finance

Silvergate Capital May Expand Its Bitcoin Lending Program, CEO Says

The comment came after the bank reported earnings that beat estimates, sending its shares up 13%.

Silvergate Capital CEO Alan Lane (Silvergate)

Finance

Coinbase Bear Thesis Is ‘Way Overblown,’ Oppenheimer Says

At least one bank analyst says COIN’s sagging stock price is an opportunity to buy the dip.

(Benjamin Girette/Bloomberg via Getty Images)

Finance

Canada’s WonderFi Bulks Up Further With Planned $31M Acquisition of Coinberry Crypto Exchange

WonderFi recently completed the purchase of Bitbuy, another trading venue.

WonderFi board member Dean Skurka, strategic investor Kevin O'Leary and CEO Ben Samaroo (WonderFi)

Finance

PolySign to Buy Digital Asset Fund Administrator MG Stover for Cash and Stock

MG Stover administers over $40 billion in digital assets for institutional clients, such as hedge funds, private equity and venture capital funds.

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Finance

Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock

ReKT is known for its ownership of the successful esports teams Team Rogue and the London Royal Ravens.

ReKT owns the London Royal Ravens, shown here competing in the Call of Duty League in January 2020 (Hannah Foslien/Getty Images)