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

Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg

The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.

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Policy

SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications

The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.

SEC Reportedly Investigating Uniswap Labs

Policy

US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans

The department warned that cryptocurrency investments present “significant risks and challenges to participants’ retirement accounts.”

(DNY59/Getty Images)

Finance

FTX Picks Stripe to Build Payments and Risk Mitigation Feature

Stripe’s platform will enable a new fiat-to-crypto on-ramp for the rapidly growing exchange's customers.

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Finance

FTX.US Derivatives Seeks CFTC Approval to Clear Margin Trades Directly for Customers

The company says the change would allow customers to assess and respond to derivatives risks in real time.

FTX bought the naming rights to the Miami Heat arena in March. (Danny Nelson/CoinDesk archives)

Finance

EBay Teases 'Digital Wallet' in Investor Presentation as Crypto Rumors Swirl

CEO Jamie Iannone recently said eBay is studying crypto as a form of payment.

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Finance

USDF Stablecoin Consortium Adds 3 More Banks

Amerant Bank, ConnectOne Bank and Primis Bank will join the U.S.-based group pushing for blockchain-based payment rails.

(Joshua Hoehne/Unsplash)

Markets

Crypto Miners to Benefit From Biden’s Executive Order: Jefferies

The investment bank reiterated buy ratings for Argo Blockchain and Marathon Digital following Wednesday’s action by the White House.

A bitcoin mining facility. (Christinne Muschi/Bloomberg via Getty Images)

Finance

FTX Launches New Unit Focused on Institutional Investors

FTX Access will offer institutional investors access to advisory services, index products and trade execution, among other items.

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Finance

State Street to Offer Crypto Custody in Pact With Copper

The move follows the custodial banking giant launching its crypto division in June.

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