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 and collapse. He managed the Bloomberg Terminal's main news page and worked on a global project to produce short, chart-based stories across the newsroom. Before that, he worked 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

Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin

The capital raise will support balance sheet restructuring and the company's bitcoin strategy.

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Finance

Nomura-backed Laser Digital introduces tokenized bitcoin yield-bearing fund

The Laser Digital Bitcoin Diversified Yield Fund SP targets excess returns on top of BTC performance.

Headshot of Laser Digital CEO Jez Mohideen

Markets

Solana outpaces crypto market as Claude Code-linked token frenzy lifts network activity

Network activity has risen, driven by speculation around AI tokens, with active addresses increasing from 14.7 million to 18.9 million in a week.

"Solana Rallies 2% to $130 Amid RWA Milestone and Institutional Inflows"

Finance

Iran’s central bank bought $507 million USDT to underpin rial, report finds

Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a “sanctions-proof” alternative to dollar banking.

(Photo by hosein charbaghi on Unsplash/Modified by CoinDesk)

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Finance

BlackRock names crypto and tokenization as ‘themes driving markets’ in 2026

The $10 trillion asset manager includes bitcoin, ether and stablecoins in its 2026 outlook, spotlighting blockchain as a rising force in modern finance.

BlackRock logo on a stone block

Finance

Bitcoin utility blockchain VerifiedX debuts ‘Venmo-for crypto’ payment app Butterfly

The Butterfly app goes live in partnership with Crypto.com, Moonpay and Blockdaemon.

The core team

Markets

Bitcoin steadies near $89,000 as broad risk-off sentiment persists: Crypto Markets Today

Bitcoin consolidated after a sharp Tuesday selloff alongside a broader risk-off move in equities, while altcoins suffered deeper losses in light of elevated volatility.

A trader slumps at his desk in front of chart screens (Getty Images+/Unsplash)

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Finance

Galaxy Digital to start $100 million hedge fund targeting crypto, fintech: FT

The fund will allocate up to 30% to crypto tokens and 70% to financial services stocks, taking both long and short positions to capitalize on market shifts.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Markets

Binance to add Ripple’s RLUSD stablecoin on Ethereum, XRP Ledger support is coming

The dollar-backed stablecoin be available starting Thursday on Ethereum, with support for the XRP Ledger expected soon.

Stylized Ripple logo