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

Monument Bank to tokenized 250 million pounds of retail deposits in UK first

The deposits will remain interest-bearing, fully backed, and protected by the country's Financial Services Compensation Scheme.

Bank ATM (Eduardo Soares/Unsplash)

Markets

STS Digital unveils structured crypto platform with Kraken as distribution partner

The platform, which covers 400 tokens, is aimed at banks, family offices, and high-net-worth individuals and comes as digital assets face growing institutional demand.

Trading desk. (TyliJura/Pixabay)

Markets

Bitcoin nears $72,000 as rising open interest signals growing leverage in choppy market

BTC rises with equities while surging open interest and fading volatility point to leveraged positioning despite repeated rejections near $72,000.

Bitcoin price chart (TradingView)

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Finance

Crypto finance is beginning to look at lot more traditional, Aave and Ethena founders say

Until recently, crypto users mostly traded tokens or borrowed against them, often chasing high, but unpredictable yields. New tools allow them to lock in returns, even in a market known for big swings.

Aave Labs founder Stani Kulechov and Ethena founder + CEO Guy Young (Margaux Nijkerk/ CoinDesk)

Markets

Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target

The broker sees bitcoin rebounding from its recent lows, supported by ETF flows and expanding corporate treasury demand.

A finger draws an upward trending line on a chart (Unsplash)

Finance

ParaFi defies crypto market downturn with $125 million raise for new fund: Bloomberg

The firm now manages about $2 billion, having already raised an additional $325 million for existing crypto investment strategies since last year.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

Bitcoin leads crypto rebound to $71,000 as $550 million in shorts liquidated

BTC climbs despite escalating Middle East tensions, outperforming gold as altcoins rally and derivatives data signals cautious but improving market sentiment.

(Sternschnuppenreiter/Pixabay)

Finance

Fund services giant Apex to tokenize Bitcoin mining note on Coinbase’s Base platform

Apex will tokenize the Omnes Mining Note “OMN,” an institutional-grade structured note backed by Bitcoin hashrate.

Bitcoin hash rate has surged in 2024 (Hashage)