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

Crypto Markets Today: AVAX Open Interest and Price Tanks, HYPE Underperforms

Bitcoin fell, nearly erasing gains from Wednesday’s rebound, while ether slid more than 3% to trigger large liquidations.

Stylized bull and bear face off

Policy

Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance

The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.

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

Finance

Stablecoin Startup RedotPay Attains Unicorn Status With $47M Raise for Regulatory Push

The Hong Kong company is scaling stablecoin-powered cards, wallets and payout services with backing from Coinbase Ventures, Galaxy and Vertex.

Unicorn (Vlad Vasnetsov/Pixabay)

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Finance

Cloudburst Raises $7M Series A to Scale Off-Chain Crypto Intelligence Platform

The round was led by Borderless Capital with participation from Strategic Cyber Ventures, CoinFund, Coinbase Ventures, Bloccelerate VC and In-Q-Tel.

M2 Money Supply Continues to Grow (Shutterstock)

Markets

Bitcoin to Join Gold on Central Bank Reserve Balance Sheets by 2030: Deutsche Bank

As investors look for alternatives to traditional assets, bitcoin could evolve from a speculative bet into a legitimate pillar of the global financial system, the bank said.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Markets

Crypto Markets Today: Major Tokens Slide, Altcoins Tumble More Than 10%

The decline followed a supposedly dovish Fed interest-rate cut, which was expected to weaken the dollar and encourage more risk-taking in crypto markets.

Screenshot of a candle chart going down.  (Maxim Hopman/Unsplash)


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Markets

Gold Rallies an Hour After Bitcoin Drops, Suggesting a Profit Rotation Into Metals

Safe-haven flows pushed gold to new records while bitcoin stumbled, highlighting shifting investor dynamics.

Gold vs bitcoin (tradingView)

Tech

XRP Holders Offered Onchain Yields Upto 8% Through mXRP

The introduction highlights a push to tie the XRP ledger into cross-chain liquidity flows, with returns projected at 6%–8% dependent on strategy performance.

XRP News