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

Bearish sentiment builds in crypto as volatility and hedging rise

Bitcoin’s brief rally faded amid war-driven oil price surge, rising volatility and declining futures interest, signaling growing caution across crypto markets.

BTC/USD (CoinDesk Data)

Markets

David Bailey’s Nakamoto sells roughly 5% of its bitcoin holdings, offloading 284 BTC

The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy.

David Bailey

Markets

Hashdex’s diversified crypto ETF adds options for hedging, income generation

Options on Hashdex’s diversified NCIQ ETF now let investors hedge, generate income and manage risk across a broad basket of digital assets.

The word "options" (Peggy_Marco/Pixabay)

Markets

Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI

The first-quarter decline breaks a long-standing growth trend, but could ultimately support decentralization as public U.S. miners face losing dominance.

An engineer sits at a bank of crypto mining rigs.

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Finance

Bitmine makes biggest ether purchase in 2026 while other digital asset treasuries pull back

Tom Lee's Ethereum treasury bought more than 71,000 ETH over the past week, remaining the sole large corporate crypto buyer as Strategy broke its 13-week bitcoin purchase streak.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Tech

Zcash upside hinges on repricing financial privacy in an AI-driven world, Grayscale says

The crypto asset manager argued rising surveillance and AI could elevate demand for private digital money, positioning Zcash as a mispriced bet on confidentiality.

fingers on a keyboard

Markets

Nearly half of all circulating bitcoin is underwater as long-term holders sell at a loss

Nearly half of all bitcoin is now trading at a loss, with the Bitcoin Impact Index surging to 57.4, indicating high stress levels.

CoinMarketCap showing top crypto prices (Behnam Norouzi/Unsplash/Modified by CoinDesk)

Tech

Charles Hoskinson’s $200 million bet: Midnight goes live to tackle crypto’s biggest flaws

The Cardano founder argues crypto is too public, complex and risky for mainstream use and is backing a privacy-focused network to change that.

Charles Hoskinson is being interviewed in the media center during Consensus Hong Kong 2026

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Markets

Lido DAO proposes $20 million LDO buyback to boost price after 95% slide

A proposed treasury buyback of up to 10,000 stETH for LDO highlights how thin DeFi governance token liquidity has become, forcing the DAO to route through centralized exchanges.

(Lido Finance)

Tech

Aave rolls out v4 on Ethereum, aiming to expand DeFi into real-world credit markets

The upgrade has been in development for about two years and is designed to make it easier to use Aave for a wider range of lending and borrowing activities.

Lending money, bills on a person's hands (Christian Dubovan/Unsplash)