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

Bitcoin reverses early gains, drops below $88,000 as Nasdaq futures wilt

Bitcoin reversed Asian session gains, dropping below $88,000 and affecting major altcoins.

BTCUSD (TradingView)

Markets

Bitcoin whales have been the main accumulators in the $80,000 range

While large bitcoin holders accumulate, smaller investors are selling.

Chart and heatmap for trend accumulation score by cohort (Glassnode)

Markets

Tokenized silver volumes explode as metal's price rises to record

A sharp jump in tokenized silver trading suggests investors are getting exposure to the metal onchain.

Blocks of silver (Scottsdale Mint)

Finance

Uniswap's token burn, protocol fee proposal backed overwhelmingly by voters

The proposal, which transforms UNI into a value-accruing asset, received more than 125 million votes in support with just 742 dissenting.

Stylized uniswap logo

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Finance

Trust Wallet users lose $7 million to hacked Chrome extension

Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed.

A man holds open an empty leather wallet. (Andrew Khoroshavin/Pixabay)

Policy

Hong Kong regulators target 2026 legislation for virtual asset dealer and custodian rules

The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.

Colonnade at the Hong Kong Legislative Council building

Policy

EU’s crypto tax reporting starts in January with threat of asset seizure

New directive, which operates alongside MiCA, expands tax data sharing, sets July 1 compliance deadline for exchanges across bloc.

accounting

Markets

XRP price reaction muted even as new income-generation opportunity appears

XRP's price action aligns with broader market trends, but, contrarily, negative social sentiment may signal a potential rebound.

Trading screen

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Finance

Trump Media moves $174 million bitcoin after fresh purchase

The movement follows inflows into wallets tied to Trump Media, implying the company is actively managing its bitcoin position rather than leaving it static.

Donald Trump

Finance

HashKey Capital's $500 million-target blockchain fund raises $250 million in first round

The HashKey Fintech Multi-Strategy Fund IV aims will invest in blockchain infrastructure and applications with real-world use cases.

Hong Kong's skyline (Chris Lam/CoinDesk)