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

BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices

Thursday's drop in major tokens is likely led by the unwinding of leveraged bullish positions rather than new bearish plays.

A wallet containting banknotes being squeezed by a vice. (stevepb/Pixabay)

Markets

Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.

Evan Auyang, president of Animoca Brands, speaks in an interview at the company's new Web3 workspace in Hong Kong (Chris Lam/CoinDesk)

Markets

ICP Drops 5% as Crypto Market Rotates, Resistance Holds

ICP declines as broad altcoin-market retreat overwhelms Bitcoin DeFi infrastructure news.

ICP-USD, July 23 2025 (CoinDesk)

Markets

BNB Briefly Tops $800 as Investors Adopt Risk-On Attitude, Corporate Adoption Grows

The price increase helped BNB become the fifth-largest cryptocurrency by market capitalization, and while technical resistance near $808 may limit further gains.

BNB price chart (CoinDesk Data)

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Policy

The Market Has Become 'Overly Excited' for Stablecoins, Hong Kong Financial Regulator Says

Only a few stablecoin licenses will be issued, Hong Kong Monetary Authority CEO Eddie Yue said.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Finance

Grayscale ETF Head David LaValle to Exit as Firm Eyes IPO: Report

LaValle joined Grayscale in 2021 to address investor dissatisfaction with the Bitcoin Trust’s discount and worked on its conversion to a spot bitcoin ETF.

David LaValle, President of CoinDesk Indices at Consensus 2025 in Toronto.

Policy

Crypto Asset Manager CoinShares Secures EU-Wide MiCA License

The license, granted by France's AMF, allows it to offer crypto portfolio management services across the European Union.

European Union Flag (Christian Lue / Unsplash / Modified by CoinDesk)

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Tech

Ethereum Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally

The exodus stretched the waiting line to over 10 days, but strong staking demand from ETH treasury firms and SEC clarity may keep sell pressure in check.

Ethereum has a backlog of validators waiting to exit the chain. (Koushik Pal/Unsplash, modified by CoinDesk)

Policy

Senate Releases Answer to Clarity Act as It Continues Market Structure Work

The Senate published a 35-page discussion draft market structure bill, asking for industry input on how it may be improved.

Senators Cynthia Lummis and Tim Scott, and White House crypto adviser Bo Hines (Jesse Hamilton/CoinDesk)