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


Policy

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts

Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

(Emmanuel Ikwuegbu/Unsplash)

Markets

Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say

Major tokens solana (SOL), ether (ETH) and Cardano’s ADA started to stabilize early Thursday after dropping more than 10% in the past 24 hours.

BBitcoin faces headwinds (Pixabay)

Markets

Cathie Wood's ARK Invest Offloads $25M of Coinbase Shares

Coinbase's Nasdaq-listed stock fell 2.96% Wednesday as the crypto market's rally halted.

CEO Brian Armstrong posted 10 crypto startup ideas to Twitter he wishes someone would build. Why not Coinbase? (Coinbase, modified by CoinDesk)

Markets

'Deniers Are Crypto's Flat Earthers' as Markets Flash 83% Odds of Bitcoin ETF Approval

The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.

Speculators are overwhelmingly betting on bitcoin ETF approval by Jan. 15. (Pixabay)

Markets

USDC Stablecoin Momentarily Depegs to $0.74 on Binance

The stablecoin immediately snapped back to its $1 peg on Binance.

USDC momentarily trades at $0.74 (Piret Ilver/Unsplash)

Markets

ENS Token Jumps 50% as Vitalik Buterin Hails It as 'Super Important'

The token touched the highest level since April and volume increased more than 600%.

Vitalik Buterin shares a new blog post on Ethereum's roadmap to address scaling, privacy, and wallet security. (CoinDesk)

Markets

First Mover Americas: Bitcoin's Strong Start to January May Falter

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

BTC monthly chart (TradingView)

Markets

Bitcoin Slumps as $400M Liquidated in Two Hours

Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.

Bitcoin chart (CoinDesk data)

Tech

BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade

BRC-20 marketplace UniSat said it will follow a proposed change in the token standard that has met with opposition from Domo, the pseudonymous creator of BRC-20.

Opposition conflict chess (Artur Shamsutdinov/Unsplash)

Markets

Arbitrum Token Sets Record High as Value Locked Crosses $2.5B

Transaction volumes on the network overtook those for Solana-based applications, which boomed after a meme coin-led frenzy in December.

(Danny Nelson/CoinDesk)

Sheldon Reback | CoinDesk Author