Latest from Michael Bellusci
Coinbase Remains a Market Leader Despite Near-Term Headwinds, Analysts Say
The shares fell as analysts cut their price targets while saying they’re not concerned about Coinbase's business.

Coinbase Beats Q4 Estimates, but Shares Fall on Outlook
The U.S.’s largest crypto exchange expects lower trading volumes and monthly transacting users in Q1.

Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG
Core came public last month via a SPAC merger, but has struggled alongside declines in the price of bitcoin.

Coinbase’s Q4 Trading Volumes Set to Increase but Outlook Could Get Gloomy Amid Volatility
Analysts are divided on the outlook for America’s largest cryptocurrency exchange.

Crypto-Powered Wireless Network Helium Raises $200M at $1.2B Valuation: Report
Tiger Global and FTX Ventures were among the new investors in the company, Axios reported.

Binance.US Hires Former Société Générale and Gemini Exec as Chief Compliance Officer
Tammy Weinrib will have a focus on know-your-customer (KYC) and anti-money laundering (AML) programs.

Bakkt Expects to Post Losses in 2022 as Investment Ramps Up
The digital asset platform said it plans to spend $150 million to $170 million this year in future growth initiatives, including expanding its crypto offerings.

Payments Firm Stronghold Launches $100M Investment Fund Aimed at Fintech and Web 3
Stronghold Capital has already invested in Sam Bankman-Fried’s Alameda Research, and Precursor Ventures.

NYSE Files Trademark Application for Its Own NFT Marketplace
The move comes after the NYSE minted six NFTs last year commemorating the debut of hot tech stocks on the exchange.

Galaxy Digital Sees ‘Substantial Wave’ of Capital Ready for Crypto Investments
The crypto merchant bank’s co-president spoke at Canaccord Genuity’s Digital Assets Symposium.
