Sheldon Reback

Regional Head of Europe

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.

Latest from Sheldon Reback

Markets

First Mover Americas: BTC in Price Discovery Mode Following Record High

The latest price moves in crypto markets in context for Nov. 8, 2024.

Nov 8, 2024

Markets

Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.

Nov 8, 2024

Bitcoin could hit a new record high in two months. (Kurt Cotoaga/Unsplash)

Finance

Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.

Nov 7, 2024

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)

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.

Nov 7, 2024

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.

Nov 7, 2024

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."

Nov 7, 2024

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.

Nov 7, 2024

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.

Nov 7, 2024

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.

Nov 7, 2024

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.

Nov 6, 2024