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 ETFs Break Inflow Streak as Traders Look to Trump’s Nashville Appearance for Volatility

Bitwise’s BITB led with $70 million in net outflows, followed by Ark’s ARKB at $52 million and Grayscale’s GBTC at $27 million.

outflows (Unsplash)

Markets

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Bitcoin miners (Shutterstock)

Finance

Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange

The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.

16:9 Wallet (Prasanta Sahoo/PIxabay)

Finance

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO

Revolut to Suspend Certain Crypto Services (Kaysha/ Unsplash)

Finance

Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.

Jenny Johnson, Franklin Templeton president and CEO, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Markets

Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Coinbase upgraded to buy from neutral on improving regulatory risk: Citi. (Coinbase)

Finance

Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre

Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.

Libre CEO Avtar Sehra (Libre)

Markets

Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity

Layer-2 adoption has been impressive since the Dencun upgrade in March, with transactions on these blockchains increasing around 20%, the report said.

Ethereum (Unsplash)

Markets

Ether Options Market Bets on Price Gains Post-Spot ETF Approval

Some analysts are forecasting an ether price swoon after ETFs begin trading in the U.S. The options market disagrees.

A leveraged ether ETF will begin trading on June 4 (gopixa)

Markets

Bitcoin Nears $66K as Mt. Gox Moves $130M to Bitstamp

The defunct crypto exchange shuffled over $2.5 billion between wallets, some of which was sent to crypto exchange Bitstamp.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)