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

Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces

If the founders of bitcoin miner JAI Energy are right, the two industries are an ideal match.

JAI Energy management (from left) Adam Sarvey with founders Ryan Leachman and Justin Ballard (JAI Energy)

Finance

Cloud Software Firm Phunware Buys 398 More Bitcoins for About $24M

The company now owns about 529 bitcoins in total, according to a statement.

Cloud Network Solution digital background. Cyber Security and Cloud Technology Concept

Policy

IRS Seized $3.5B in Cryptocurrency During Fiscal 2021

The seizures by the U.S. tax agency included $1 billion in crypto related to the darknet market Silk Road.

IRS_building_Shutterstock

Finance

Fidelity Launches Canada’s First Institutional Bitcoin Custody Service

The move potentially clears the way for more institutional investors in Canada to invest in bitcoin directly.

Pedestrians pass a Fidelity Investments office in Boston, Ma

Finance

Circle Launches Initiative to Boost Global Financial Inclusion

The stablecoin issuer is allocating a share of USDC reserves to support minorities and women, as well as help with worldwide humanitarian efforts.

Jeremy Allaire, Circle (CoinDesk archives)

Finance

Bitcoin Still Unsuited for Mainstream Payments, Says Deutsche Bank

Legacy payment networks still win for mainstream payment uses, the investment bank wrote this week.

Bitcoin Accepted Here

Finance

Voyager Digital Posts Fiscal Q1 Revenue of $65.6M, in Line With Guidance

The crypto exchange says it’s positioned to exceed record revenue during the current quarter.

(Gabby Jones/Bloomberg via Getty Images)

Finance

Voyager Digital Launches USDC-Linked Debit Card

Voyager’s debit cardholders can earn rewards and spend crypto on daily purchases.

The Voyager Digital Ltd. application for download in the Apple App Store on a smartphone arranged in Little Falls, New Jersey, U.S., on Saturday, May 22, 2021. Elon Musk continued to toy with the price of Bitcoin Monday, taking to Twitter to indicate support for what he says is an effort by miners to make their operations greener. Photographer: Gabby Jones/Bloomberg via Getty Images

Finance

Coinbase Allows Users to Share Information About Crypto Holdings With Friends

The crypto exchange is adding a new “share” button to its app.

Coinbase Inches Closer to Public Listing: Here's What Its Financials Reveal

Finance

Bakkt Shares Fall After Crypto Firm Posts Third-Quarter Loss

The digital asset exchange said it had a loss in the third quarter, though revenue rose from last year’s third quarter.

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)