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

First Mover Americas: Bitcoin Hits $82K as Weekend Rally Extends

The latest price moves in crypto markets in context for Nov. 11, 2024.

BTC price, FMA Nov. 11 2024 (CoinDesk)

Policy

FTX Sues Binance, Former CEO CZ for $1.8B

The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent

Binance's former CEO, Changpeng "CZ" Zhao (Photos from Smorshedi/Wikimedia Commons and CoinDesk/Flickr, modified by CoinDesk)

Markets

Pre-Market Trading in U.S. Crypto Stocks Explodes, With MicroStrategy Topping $300

As bitcoin climbs above $82,000, U.S. crypto equities are soaring in pre-market trading, with Semler Scientific leading with a 25% gain.

Crypto stocks are starting the week in a bullish frame of mind. (Delphine Ducaruge /Unsplash)

Markets

Where the Demand Comes From as Bitcoin Breaks Through $82K: Van Straten

As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from.

Spot CVD on Coinbase: (Source: Glassnode)

Finance

Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges

The suit also links him to organized crime in Eastern Europe and terrorist groups.

(ArtTower/Pixabay)

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.

BTC price, FMA Nov. 8 2024 (CoinDesk)

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.

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.

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.

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.

BTC price, Nov. 7 2024 (CoinDesk)