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

Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin: Omkar Godbole

Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Markets

First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut

The latest price moves in crypto markets in context for Nov. 7, 2024.

BTC price, Nov. 7 2024 (CoinDesk)

Policy

SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit

A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was "trying to re-litigate the same issues repeatedly."

Kraken co-founder Jesse Powell (CoinDesk)

Policy

German Chancellor Scholz Calls Snap Election as Coalition Government Collapses

Olaf Scholz is looking to bring the general election forward to March from September.

Chancellor Olaf Scholz (Sean Gallup/Getty Images)

Markets

Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume

BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

Bitcoin: daily price performance (Glassnode)

Policy

Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares

Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.

Trump sending bitcoin transaction at PubKey bar in NYC (Fox News/Modified by CoinDesk)

Finance

JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.

(Shutterstock)

Markets

Polymarket Resolves Presidential Election Contract

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.

Polymarket CEO Shayne Coplan (Polymarket)

Markets

First Mover Americas: BTC Hit All-Time High as Trump Closed In on Victory

The latest price moves in crypto markets in context for Nov. 6, 2024.

BTC price, Nov. 6 2024 (CoinDesk)

Policy

Crypto Friendly SEC and Senate Banking Committee Expected Under Trump: Bernstein

Stablecoin and market structure bills may now both see faster progress, the report said.

Donald Trump's remarks at BTC 2024 have inspired Forida's chief financial official to put pension money into bitcoin. (Danny Nelson/CoinDesk)