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

Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

BTC, Nasdaq may stabilize as JPY bull positioning looks overstretched. (geralt/Pixabay)

Finance

Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning

The token is down by more than 60% since launch.

Bybit CEO labels Pi Network a scam (exploringzhongguo/Unsplash)

Markets

Bybit Makes Liquidation Data More Transparent Aiming to Lure Institutional Investors

The move is meant to help lure instituional investors and improve market transparency.

Price chart on an exchange (Nick Chong/Unsplash)

Finance

Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board

The South African alternative investment firm has bought one bitcoin.

South Africa is classifying crypto assets as financial products. (Shutterstock)

Markets

Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says

Institutional crypto futures positioning suggests a weakness in demand, the report said.

JPMorgan (Shutterstock)

Policy

European Central Bank to Work on Settlement System for Distributed-Ledger Transactions

The two-stage process will start with a link to the existing Target system.

European Union (Christian Lue / Unsplash)

Policy

New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis

The SEC's Republican leaders have shifted what had been a crypto-focused enforcement squad into a smaller group with a broader responsibility.

SEC GOP contingent

Markets

U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says

Institutional use of these cryptocurrencies will increase once rules are in place, the report said.

 Increasing the money supply is a hidden tax on everyone who holds that currency (Credit: iStockPhoto)

Finance

Pi Network's Token Debuts at $195B Value Despite Minimal Liquidity

There are definite liquidity concerns as 2% market depth on OKX fails to reach $100,000..

Hands on smartphone