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


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Marathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity; Stock Sags

The mining firm produced 196 bitcoins, just under half the number of the previous month.

Máquinas de minería de bitcoin (Shutterstock)

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Payments Giant Square Is Changing Its Name to Block

The move creates room for the company to move further beyond its roots as a business focused on serving sellers.

Square Is Building Bitcoin Hardware Wallet

Kebijakan

Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds

The Wyoming senator is likely to vote against President Biden’s nominees to head the U.S. Federal Reserve, and will rally other senators against them, said a Lummis aide.

Sen. Cynthia Lummis helped draft an amendment to a controversial tax provision in the infrastructure bill.

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For Sale: $10M Yacht, DOGE Accepted

Owners of the Italian superyacht Vianne will accept a 10% fiat deposit and the rest in crypto for their 170-foot darling.

You can buy this with crypto. (VIANNE)

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Pasar

Crypto Exchange Kraken to List Shiba Inu, Fulfilling Nov. 1 Twitter Promise as SHIB’s Fortunes Fall

The announcement gave SHIB a price surge after a dismal November.

A Shiba inu, the dog breed that inspired both DOGE and SHIB, is getting a ride in cryptocurrency markets. (Unsplash, modified by CoinDesk)

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Coinbase Acquires Crypto Wallet Firm BRD for Undisclosed Amount

The price of BRD’s utility token rocketed about 500% following the announcement of the deal.

LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)

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BlockFi Ends Free Withdrawals for Some Coins, Citing High Ethereum Network Costs

The crypto lender said it doesn’t expect to profit from customer withdrawal fees.

BlockFi (Shutterstock)

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Regal Cinemas to Accept Crypto for Tickets, Concessions

Moviegoers will be able to use bitcoin, dogecoin and other digital currencies.

Signage is displayed on a Regal Cinemas movie theater in Oakland, California, U.S., on Tuesday, Oct. 6, 2020. More than 7,000 movie screens will be dark in the U.S. this weekend as the Regal theater chain said it will shut down all 536 locations on Thursday. Photographer: David Paul Morris/Bloomberg via Getty Images

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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)

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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