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

Crypto Market Optimism Bumps Into Risk-Off Hints in TradFi

Indicators tied to Wall Street's volatility index, VIX, and central bank liquidity indicate risk aversion ahead. Past experience suggests risk-off in traditional markets can roil sentiment in the crypto market.

(geralt/Pixabay)

Policy

Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF

The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Finance

Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan

Electricity costs played a vital role in the past year’s bear market as miners struggled to stay in business, the report said.

Photo of five wind farm windmills in a field.

Finance

Northstake Raises $3M to Boost Institutional Crypto Staking

The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.

Photo of Northstake CEO Jesper Johansen

Finance

Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.

Full Shows – Consensus: Distributed

Markets

First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%

The latest price moves in crypto markets in context for June 22, 2023.

Bitcoin weekly chart (TradingView)

Finance

South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report

Earlier this month, Haru Invest suddenly halted withdrawals and deposits.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Finance

Mastercard Focuses Its ‘Engage’ Program on Crypto

The expanded network helps bring new crypto card programs to market and creates crypto-to-fiat conversion capabilities, Mastercard said.

Raj Dhamodharan, Head of Crypto and Blockchain, Mastercard (Shutterstock/CoinDesk)

Markets

Bitcoin Holdings in One Coinbase Custody Wallet Jumped by 2.5K After BlackRock ETF Filing

The wallet previously held over 5,000 bitcoin that were deposited May 19-20, the data show.

(Unsplash)

Markets

MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets

The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.

Rune Christensen, fundador de MakerDAO. (CoinDesk TV)