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’s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says

There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.

stone columns in front of a building

Markets

Bitcoin to Score 'Golden Cross' After 30% Price Surge in 2 Weeks

The forthcoming price pattern would signal a strengthening of bullish momentum.

statue of a bull

Finance

FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

FTX EU will allow customers to withdraw funds that have been locked on the platform. (CraigRJD/Getty Images)

Policy

UK Regulator Warns Crypto Firms of 'Hard to Read' Risk Warnings

The Financial Conduct Authority has blocked Binance's chosen ad approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct. 8.

FCA building with logo (FCA)

Finance

Binance Crypto Withdrawals Back Online After Temporary Outage

The last withdrawal from one of Binance's Ethereum accounts was sent at 10:45 UTC.

Two large stacked blocks displaying Binance's logo at a trade show.

Markets

Crypto Fear & Greed Index Hits Highest Since November 2021

The index, coupled with an overbought reading on the RSI indicator, suggests bitcoin's bull run might take a breather.

Crypto Fear and Greed Index indicating 72

Finance

Sam Bankman-Fried’s Defunct Exchange FTX Receives Multiple Bids for Restart

Options also include a sale of the exchange, which boasted 9 million users before going bankrupt.

Close up of former FTX CEO Sam Bankman-Fried

Markets

Bitcoin Funding Fee Arbitrage Trades Offer Over 10% Yield

The funding fee arbitrage involves selling perpetual futures while simultaneously buying the cryptocurrency in the spot market. The strategy currently offers an annualized yield of over 10%.

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Finance

Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes

Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) climbed more than 13% as bitcoin (BTC) topped $34,000.

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Finance

Mastercard Plans Web3 Collaborations With Self-Custody Wallet Firms

The payments processor is working with MetaMask and Ledger among others, according to a Web3 Workshop presentation.

close up of Mastercard logo and hologram on a payment card