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, Robinhood Shareholders Face Significant Stock Dilution: JPMorgan

Like many publicly traded tech firms, Coinbase and Robinhood have offered employees generously amounts of restricted stock units as part of their compensation.

(Robert Nickelsberg/Getty Images)

Finance

Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending

The bank posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management.

Silvergate CEO Alan Lane at Consensus 2016 (CoinDesk archives)

Finance

CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business

The exchange wants to issue new recovery tokens and also give depositors equity in the firm and locked FLEX Coins.

CoinFLEX has proposed a plan to compensate depositors whose withdrawals have been suspended. (Shutterstock)

Finance

What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets

Corporations are likely to remain cautious on adding bitcoin to their treasuries, but not because of Tesla’s move.

Tesla CEO Elon Musk (Christian Marquardt - Pool/Getty Images)

Finance

Tesla's Musk Remains Open to Buying More Bitcoin After Selling in Q2 to Raise Cash

The CEO said the EV company could add to its position again in the future but now he wants to boost its cash position.

Tesla CEO Elon Musk (Christian Marquardt - Pool/Getty Images)

Finance

Compass Mining Teams Up With Compute North for 75MW Site in Texas

The struggling bitcoin mining hosting firm recently laid off 15% of its staff.

Compass' Wolf Hollow site in Granbury, Texas (Compute North)

Finance

SEC’s Gary Gensler Sees Plenty of ‘Noncompliance’ Across Crypto Industry

SEC Chair Gary Gensler spoke on Bloomberg TV Tuesday, addressing questions around crypto regulation.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

Finance

Crypto-Related Stocks Bounce as Bitcoin Retakes $22K

A modest rally in traditional equity markets is helping lift the mood as well.

(Sophie Backes, Unsplash)

Finance

Participación de mercado de Coinbase cae a menos de 3%, según Mizuho

Es probable que el declive coloque a la compañía fuera de los 10 principales exchanges cripto, según su volumen promedio en dólares.

El mercado bajista y la caída en el volumen de trading pesan sobre Coinbase. (Olen Gandy, Unsplash)

Finance

Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu

Offering UNI sent the token higher Thursday afternoon.

UNI got major liftoff from its listing on Robinhood's platform. (OsakaWayne Studios/Getty images)