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

VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights

Coinbase Ventures was the most active investor in the quarter by far, with 24 deals.

Venture Capital  (Getty Images)

Finance

Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral

The crypto exchange’s customers can obtain cash via their PayPal or bank accounts.

Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates

Finance

Crypto Trading Platform AscendEX Raises $50M From Backers Including Alameda Research

The platform has reached over $200 million in average daily trading volume.

CoinDesk placeholder image

Finance

Coinbase Is Testing a Subscription Service With No Trading Fees

Spread fees will still apply to each trade.

Chart of the Day: Coinbase's Price Fluctuates in the Hours After Public Listing

Finance

Marathon Digital Holds $457M in Bitcoin After Increase in October Mining

The bitcoin mining company’s production rose 23% over the previous month.

Máquinas de minería de bitcoin (Shutterstock)

Finance

OLB Group Surges 90% After Saying It’s Ready for Mastercard Bitcoin Payments

The move comes as payment firms seek to integrate cryptocurrency into their offerings for merchants.

Mastercard Acquires Blockchain Analytics Firm CipherTrace

Finance

Coinbase Revenue Could Hit Nearly $50B by 2025, Investment Firm Says

Hayden Capital’s prediction for 2021 revenue of $8.8 billion is higher than other analysts’ estimates

Coinbase CEO Brian Armstrong (CoinDesk archives)

Finance

NYDIG Purchases UK Payments Startup Bottlepay for $300M in Stock

Bottlepay allows users to make micropayments and send funds via messages on Twitter, Reddit and Discord.

Mobile in Hand

Finance

MicroStrategy Adds Almost 9,000 Bitcoins to Its Holdings in Third Quarter

The company’s bitcoin holdings are worth just over $7 billion, while its entire market capitalization is roughly $7.4 billion.

MicroStrategy CEO Michael Saylor

Finance

UPenn’s Wharton Taps Coinbase to Accept Crypto for Online Blockchain Course

Wharton said it will be the first Ivy League institution or U.S. business school to accept cryptocurrency from program participants.

Signage for the University of Pennsylvania's Wharton School stands outside of the new campus in San Francisco, California, U.S., on Friday, Feb. 3, 2012. The University of Pennsylvania's Wharton School, the 131-year-old business school in Philadelphia, is counting on a new West Coast campus to raise its high-tech profile. Photographer: David Paul Morris/Bloomberg via Getty Images