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

Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC

The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.”

Stablecoins to Watch: USDC Could Expand to 10 More Blockchains

Policy

US Sanctions Russia’s Hydra Darknet, Adds Over 100 Bitcoin Wallets to OFAC List

The move came alongside action by Germany, which earlier on Tuesday announced the shutdown of Hydra Market and seizure of $25 million in bitcoin.

(Samuel Corum/Bloomberg via Getty Images)

Finance

Coinbase’s NFT Strategy Questioned by Mizuho Analyst

Dan Dolev is skeptical about the exchange getting into the NFT business at this time, citing a decline in NFT internet searches.

NEW YORK, NY - APRIL 14: Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq market site April 14, 2021 in New York City. Coinbase Global Inc. is the largest U.S. cryptocurrency exchange, debuting today through a rare direct listing.  (Photo by Robert Nickelsberg/Getty Images)

Finance

Abra Targets High-Net-Worth Clients With New Asset Management Division

The newly formed Abra Capital Management will require a minimum investment of $250,000.

Abra CEO Bill Barhydt (CoinDesk archives)

Finance

FTX Takes Stake in Stock Exchange IEX to Strengthen Crypto Markets

The size of FTX’s investment was not revealed, but an FTX spokesperson said it will become a “significant” shareholder in IEX.

IEX CEO and co-founder Brad Katsuyama during a 2014 Bloomberg TV interview. (Chris Goodney/Bloomberg via Getty Images)

Finance

Crypto Exchange BitMEX Lays Off 75 Workers

The global job cuts will impact about 25% of the company's workforce and come after plans by a company founded by BitMEX executives to buy a German bank fell through in March.

(Shutterstock)

Finance

SEC Rejects Spot Bitcoin ETF Application From Ark 21Shares

The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs.

Cathie Wood

Finance

Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action

The acquisition was announced last May with an expectation of closing by the end of 2021.

Galaxy founder Mike Novogratz (Amir Hamja/Bloomberg via Getty Images)

Finance

Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold

Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Finance

Visa Program to Help Creatives Build Their Businesses With NFTs

Selected creators will participate in a one-year NFT immersion program.

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