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


Finance

Ether Heads Toward Set of Mammoth $340M On-Chain Liquidations

ETH needs to drop another 19% to trigger the first liquidation.

ETH on-chain liquidations (DefiLlama)

Markets

Metaplanet Buys 135 More Bitcoin to Become a Top-15 Publicly Traded BTC Holder

Metaplanet now holds 2,235 BTC and its share price is less than 20% off its all-time high.

FastNews (CoinDesk)

Markets

U.S. Bitcoin ETFs Post Year's 2nd-Biggest Outflows as Basis Trade Drops Below 5%

On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.

BTC CME Annualized basis (Velo)

Markets

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening legal action otherwise.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Markets

DekaBank Rolls Out Crypto Trading, Custody Services for Institutions: Bloomberg

The bank, with over 370 billion euros in assets under management, is emphasizing security and regulatory compliance.

German flag over Deutscher Reichstag (Norbert Braun/Unsplash)

Markets

Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

BTC, Nasdaq may stabilize as JPY bull positioning looks overstretched. (geralt/Pixabay)

Finance

Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning

The token is down by more than 60% since launch.

Bybit CEO labels Pi Network a scam (exploringzhongguo/Unsplash)

Markets

Bybit Makes Liquidation Data More Transparent Aiming to Lure Institutional Investors

The move is meant to help lure instituional investors and improve market transparency.

Price chart on an exchange (Nick Chong/Unsplash)