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

Wall Street remains bullish on bitcoin while offshore traders retreat

The difference in futures basis between CME and Deribit reflects varying risk appetite across regions.

Stock market price charts (Anne Nygård/Unsplash)

Finance

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

The firm's asset-management chief says the recent crypto selloff reflects healthy deleveraging, while infrastructure growth and institutional adoption support a bullish outlook.

Steve Kurz on CoinDesk TV

Markets

Ark Invest buys $18 million of crypto stocks including 10th consecutive Bullish purchase

Ark also bought $12 million worth of crypto-friendly investment platform Robinhood and $4 million worth of ether treasury firm Bitmine Immersion Technologies.

Ark Invest CEO Cathie Wood

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Markets

Bitcoin, ether little changed before U.S. inflation report

Derivatives show tentative optimism, with cleaned-up leverage, positive funding rates and rising institutional basis, even though traders are still paying a premium for short-term downside protection.

Wooden block tiles spell out the word "inflation"

Policy

PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme

Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.

Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)

Markets

Bitcoin’s long-term rally is ‘broken’ until it reclaims $85,000, Deribit executive says

A bitcoin price drop to $58,000 could reignite buying momentum.

Jean-David Péquignot on stage at Consensus Hong Kong 2026

Markets

Wall Street analysts cut Coinbase price targets following Q4 earnings miss

JPMorgan said weak crypto markets pressured fourth-quarter results, but backs Coinbase’s strategy of investing through the cycle and returning capital via buybacks.

Coinbase app on a mobile phone screen (appshunter.io/Unsplash/Modified by CoinDesk)

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Finance

Recapping Consensus Hong Kong

Crypto's role in payments for AI, regulatory changes and the digital asset market dominated conversations on the ground.

Consensus Hong Kong 2026 exhibition floor packed with visitors.

Markets

Standard Chartered sees bitcoin sliding to $50,000, ether to $1,400 before recovery

The bank cuts its 2026 crypto price targets, warning of further near-term capitulation as ETF outflows and macro headwinds weigh on digital assets.

AI trading screens. (TheDigitalArtist/Pixabay)