Sheldon Reback

Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.

Sheldon Reback

Latest from Sheldon Reback


Markets

U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps

Bitcoin traded around $54,400 in Europe, a 24-hour drop of 5.8%, having earlier fallen to the lowest level since late February

16:9 Market decline (Mediamodifier/Pixabay)

Finance

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

The defunct crypto exchange announced last month that it will begin repayments in July.

(CoinDesk)

Policy

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

Labour Party leader Keir Starmer secured victory in the U.K. election (Matthew Horwood/Getty Images)

Markets

Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements

A wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month.

(Unsplash)

Markets

Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline Into Focus

Markets that consistently trade below the 200-day moving average are said to be in a downtrend.

BTC's daily chart. (TradingView/CoinDesk)

Policy

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

BIS building (BIS)

Markets

First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms

The latest price moves in crypto markets in context for July 3, 2024.

BTC price, FMA July 3 2024 (CoinDesk)

Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

TradFi Liquidity Stress Indicator Surges. What Does It Mean for BTC?

The secured overnight financing rate surged Monday, a sign of liquidity stress in the U.S. banking system.

(Jayashreee/Creative Commons)

Policy

Ahead of the U.K. Election, Major Parties Remain Silent on Crypto Issues

The U.K. is set to hold its first election in five years on Thursday and crypto is not a campaign-trail issue.

Labour leader Keir Starmer campaigns as U.K. election day comes closer (Carl Court/Getty Images)