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


Finance

Elon Musk's X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto

Musk's social media platform, X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states including Maryland, New Hampshire and Rhode Island.

Elon Musk (Daniel Oberhaus/Flickr)

Markets

Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018

The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.

Bitcoin's exchange reserve (CryptoQuant)

Markets

Bitcoin Slumps to $25.5K, With Price Now Probing August Low

A modestly softer-than-expected employment report Friday morning failed to provide a positive catalyst.

Bitcoin continues to slump (CoinDesk)

Policy

Grayscale Victory Against SEC Clears Path for Spot Bitcoin ETFs: Bernstein

The ruling increases the likelihood the SEC might approve all bitcoin spot ETF applications together, the report said.

Grayscale CEO Michael Sonnenshein (CoinDesk)

Advertisement

Finance

Genesis Lender Group Opposes ‘Wholly Insufficient’ DCG Deal

Creditors with $2.4 billion in claims against the bankrupt crypto lender could scupper an agreement made after months of wrangling.

Genesis filed for bankruptcy in January 2023 (Richard Mortel/Flickr)

Policy

Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong

Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities.

SEBA Bank (SEBA)

Markets

First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?

The latest price moves in crypto markets in context for August 29, 2023.

(CoinDesk)

Finance

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

The firm laid off 44 employees from the team, which still has 82 members.

CoinSwitch Kuber COO and co-founder Vimal Sagar (left), co-founder and CTO Govind Soni and co-founder and CEO Ashish Singhal. (CoinSwitch Kuber)

Advertisement

Markets

Long Bitcoin With Tight Stop Loss in Place, Matrixport Says

Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss.

trading prices monitor screen

Policy

Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says

A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets.

Hong Kong harbor skyline view into Kowloon