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

Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump

Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.

CASH app on Smartphone next to $100 dollar bill (Shutterstock)

Finance

Compass Point Analyst Defends Bitcoin Miner Iris Energy

Chase White says Iris should be able to renegotiate the terms of its debt or return its mining rigs to the lenders and buy new ones at a cheaper price.

Equipamiento para la minería de bitcoin. (Shutterstock)

Finance

Goldman Teams With MSCI and Coin Metrics to Create Digital Asset Classification System

The new system will be called datonomy, and seeks to give crypto participants a standardized way to view and analyze the digital assets ecosystem.

(Ramin Talaie/Getty Images)

Finance

Coinbase’s Interest Income May Be Bright Spot Amid Challenging Third Quarter

Trading volumes likely remained soft again, but analysts are on the lookout for how much interest income Coinbase can earn, particularly from stablecoins.

Coinbase podría beneficiarse por el incremento de las tasas de interés. (Robert Nickelsberg/Getty Images)

Finance

Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes

Two analysts downgraded their recommendations on Argo's shares.

Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)

Finance

MoneyGram Debuts Crypto Purchases on Mobile App

Purchases will be enabled through MoneyGram's existing partnership with crypto exchange Coinme.

MoneyGram's mobile app (MoneyGram)

Finance

Visa Files Trademark Applications for Crypto Wallets, NFTs and the Metaverse

The move follows that of other large corporations and payment companies including American Express.

Casa central de Visa en Foster City, California. (Wonderlane/Creative Commons)

Finance

Troubled Bitcoin Miner Core Scientific's Shares Continue to Plunge on Bankruptcy Risk

The shares fell another 15% Friday after a rough week amid financial woes and analyst downgrades.

Core Scientific facility in North Carolina. (Core Scientific)

Finance

Elon Musk Finally Closes Twitter Acquisition, Fires Top Executives

Musk’s buyout occurred after a lengthy back-and-forth between the two sides.

Tesla CEO Elon Musk has completed his deal to buy Twitter. (John Shearer/Getty Images)

Finance

Digital Bank Revolut to Allow Customers to Make Purchases With Crypto Balances

The fintech firm recently won registration from the U.K.'s financial regulator to offer crypto services.

Revolut is adding a crypto spending feature to its app. (A. Aleksandravicius/Shutterstock)