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

Scaramucci Says Investment Firm SkyBridge Is Exploring Buying Back Equity From FTX

FTX Ventures had a 30% stake in Anthony Scaramucci’s SkyBridge Capital.

Anthony Scaramucci at the SALT Conference (Danny Nelson/CoinDesk)

Finance

Coinbase Sheds Roughly 60 Jobs as Cost-Cutting Continues Amid Bear Market

The crypto exchange called the latest reductions “isolated and targeted.”

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Finance

JPMorgan registra una ola de desapalancamiento por los problemas de FTX

Los estrategas del banco dijeron que el costo de producción de bitcoin podría ser un indicador del fondo del mercado.

(Shutterstock)

Finance

JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes

JPMorgan strategists said bitcoin's production cost could be an indicator of the market bottom.

(Shutterstock)

Finance

Cathie Woods’ ARK Buys 238K More Shares in Coinbase Exchange Amid Crypto Rout

The purchase adds to the more than 400,000 Coinbase shares bought by ARK’s exchange-traded funds earlier this week.

Ark Invest CEO Cathie Woods (Danny Nelson/CoinDesk)

Finance

Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.

(Sophie Backes, Unsplash)

Finance

Crypto Bank Silvergate’s Stock Defended By Analysts Amidst FTX Concerns

Shares have fallen this week on broader crypto market worries, including the fact that FTX is a customer.

Casa central de Silvergate Bank. (CoinDesk)

Finance

Crypto Financial Firm Galaxy Digital Reveals $76.8M FTX Exposure as CEO Novogratz Hunkers Down

Galaxy is withdrawing $47.5 million from the crypto exchange.

Luna's retail investors lacked a risk management methodology, Mike Novogratz said. (Sam Reynolds/CoinDesk)

Finance

Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal

Questions about the solvency of FTX were picking up speed on Tuesday morning until Binance announced a non-binding LOI to acquire the crypto exchange.

(Spencer Platt/Getty Images)

Finance

Crypto Exchange Coinbase Draws Mixed Reaction on Wall Street After Weak Q3

Trading volume was down, but the company is trying to diversify its revenue.

(Unsplash)