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

Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens

China's back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation's flagging economy.

China renminbi bills (Moerschy/Pixabay)

Finance

Crypto-Friendly Revolut Finally Earns UK Banking License

Revolut has entered a "mobilization stage" designed for new banks to operate with restrictions.

Revolut to Suspend Certain Crypto Services (Kaysha/ Unsplash)

Markets

Stablecoins Signal Crypto Ecosystem Buoyancy as Market Cap Jumps to $164B

Renewed expansion in stablecoins is bullish for the broader crypto market.

Market cap of the stablecoin sector of the crypto market. (DefiLlama)

Finance

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

The surging trading volumes helped the bank reach profitability for the first time.

Trading (Pixabay)

Finance

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday

Customers of the defunct crypto exchange lost their funds in a 2014 hack, and the imminent distribution of nearly $9 billion worth of assets to creditors has been weighing on crypto markets.

(CoinDesk)

Finance

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors

The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.

Screenshot of Dakota's bank account dashboard

Markets

Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says

Riot will have the second-largest capacity among U.S. listed bitcoin miners following the purchase, and the deal serves as the latest evaluation of underdeveloped power assets, the report said.

Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)

Markets

Cross-Chain Service DeBridge to Issue Governance Token, Completes Activity Snapshot

The cross-chain service is popularly used to transfer funds between the Ethereum, Base and Solana blockchains, among others.

(Markus Spiske/Unsplash, modified by CoinDesk)

Markets

Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis

The trendline connecting 2016 and 2017 lows has consistently offered support since January.

(WOKANDAPIX/Pixabay)

Finance

Ferrari to Extend Cryptocurrency Payments to Europe: Reuters

The company also plans to extend the service to other markets by the end of the year.

Ferrari (NoName_13/Pixabay)