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 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 CEO Brian Armstrong (CoinDesk archives)

Finance

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.

Coinbase share were rallying Friday. (Photo illustration by Leon Neal/Getty Images)

Finance

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.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Finance

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.

(Getty Images)

Finance

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.

A Helium Hotspot, circa 2019

Finance

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.

Binance. (Shutterstock)

Finance

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.

Bakkt Holdings, Inc. leadership outside the New York Stock Exchange following a successful merger with VPC Impact Acquisition Holdings to take the firm public. (NYSE)

Finance

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.

venture capital

Finance

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.

New York Stock Exchange

Finance

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.

Office buildings in paris