Michael Bellusci
@mikeybellusci
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Author, writer, poet, blogger, avid reader and book reviews. Crypto reporter for @coindesk | prev @bloomberg | alum @UBC
British Columbia
Joined December 2018
JUST IN: Gaestop to launch its NFT marketplace in the next few months - Coindesk (@mikeybellusci)
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3 Charts from @CoinDesk Indices for 2/27/2024 β¦ Uniswap $UNI (+38%) surged this week amid a governance proposal to distribute protocol fees to token holders. UNI currently leads the CoinDesk 20 week-on-week and is just outside the top 10 by market cap among the CD20.
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3 Charts from @CoinDesk Indices for 2/23/2024 β¦ Only three assets in the CoinDesk 20 moved higher this week. Filecoin continues its 3-week long uptrend $FIL (+35%), and Polygon $MATIC (+4.1%) and Ethereum $ETH (+3.4%) are also up.
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The U.S. government sanctioned 10 crypto addresses tied to the LockBit ransomware gang a day after international authorities seized LockBit's sites and infrastructure. @nikhileshde reports https://t.co/QpEzq7s5cs
coindesk.com
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.
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Galaxy Digital gets some sell-side love with a buy initiation at Canaccord Genuity. $GLXY.TO @Ledesmalyllah reports https://t.co/6zalm4BATX
coindesk.com
Investment bank Canaccord started research on the stock with a buy rating and C$17 per share price target, implying 30% upside.
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.@Mastercard's new crypto loyalty rewards scheme aims to plug the global gaps left by Google Pay. By @IanAllison123. https://t.co/mjWciK9SAF
coindesk.com
Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency.
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3 Charts from @CoinDesk Indices for 2/20/2024 β¦ Filecoin $FIL (+37%), which recently announced integration with the Solana network, leads the CoinDesk 20 week-on-week.
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Identity-focused blockchain @Humanityprot, relying on palm recognition, emerges from stealth backed by @animocabrands, @0xPolygon. PLUS @COTInetwork's "garbled circuits" and @QEDProtocol gets $3M for DeFi on Bitcoin - in Protocol Village by @liqquidity
https://t.co/I1URX3jBGE
coindesk.com
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21.
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After a quiet weekend (3 days in the U.S.) of price action, $BTC and $ETH both moved higher Tuesday morning, with ETH rising above $3K for the first time since April 2022. BTC neared $53K. @Ledesmalyllah reports https://t.co/KiAG8QmdyI
coindesk.com
The price of ether, the native token to the Ethereum network, rose past $3,000 for the first time since April 2022 on Monday, continuing a recent hot streak.
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As many as 25% of Australians view $BTC more favorably after the approval of spot bitcoin ETFs in the U.S., but the nation's economic uncertainty is countering that positive momentum, the Independent Reserve Cryptocurrency Index has revealed. By @amitoj. https://t.co/zRJ6VnXeLH
coindesk.com
The U.S. approval of spot bitcoin exchange-traded funds (ETFs) appears to have had a significant positive impact on the view Australians hold of both cryptocurrencies and bitcoin.
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Liquid restaking projects like Puffer and https://t.co/bjT4eOgcft have piggybacked off the rise of EigenLayer to attract billions of dollars' worth of new deposits, igniting a resurgence for Ethereum DeFi. What's behind the hype? @skesslr explains https://t.co/oxgefaOa6C
coindesk.com
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.
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Decentralized finance platform @ethena_labs attracted massive inflows on its first day amid some criticism around the model it uses to generate an annualized 27% yield for holders of its $USDe tokens. By @shauryamalwa
https://t.co/BnGDTjjuky
coindesk.com
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.
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U.K. Economic Secretary to the Treasury @BimAfolami has said the government was "pushing very hard" to bring legislation for stablecoins and crypto staking services within six months, according to a Bloomberg report. By @amitoj. https://t.co/JthcNt5oek
coindesk.com
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months,...
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π The countdown is on. #Consensus2024 is only 100 days away. Join us in Austin to experience the latest trends, technologies and insights that are shaping the future of the industry. π Register for your pass today: https://t.co/0lcPy88UQU
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π Elevate your journey at #Consensus2024. β¨ With the exclusive $89 Academia Pass for students & faculty, attend deep-dive sessions, networking opportunities and learn the latest in crypto and Web3. π Secure your spot with proof of enrollment: https://t.co/WqYeyhakET
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.@TrustWallet launches SWIFT smart-contract wallet, leveraging @biconomy 's Paymaster and Bundler infrastructure - in Protocol Village by @liqquidity
https://t.co/JaldV2jF6C
coindesk.com
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 15-21.
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Citi Bank used layer 1 Avalancheβs Spruce Subnet to explore the tokenization of private equity funds to re-architect capital markets. https://t.co/9sKfKQXwI5
coindesk.com
The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.
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πΌ Nearly 22% of the $STRK airdrop went to #Ethereum solo stakers. On @Unchained_pod, Starkware CEO @EliBenSasson explains why. Listen and subscribe to the full episode π Spotify π§ https://t.co/TkK07b5e1t Apple π§ https://t.co/MJWUgRz8VE π https://t.co/TiamPLFsfD
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Soaring demand for $BTC ETFs spurred a record $2.5 billion inflows to crypto funds, led by BlackRock's #bitcoinetf $IBIT, CoinShares reported. https://t.co/efaSgeczbp
coindesk.com
Inflows significantly accelerated last week, indicating increasing demand for new spot-based ETFs, CoinShares' head of research James Butterfill said.
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