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

Crypto Markets Today: Bitcoin, Ether Hold Steady as Traders Brace for Next Big Move

Bitcoin held around $105,000 and ether near $3,550 as traders weighed whether the recent recovery has the strength to break higher or risks forming a lower high.

A see-saw sits unused in a playground

Markets

Bitdeer Fell 20% on Wider-Than-Estimated Net Loss, ASIC Chip Delay

The bitcoin miner and equipment maker beat revenue estimates but posted a deeper-than-expected loss and announced an ASIC delay amid uncertain AI rollout.

Bitdeer Share Price (TradingView)

Finance

Gemini Slumps After Missing Earnings Estimates in First Report Since IPO

Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

Filecoin Slides After Breaking Key Support Levels

FIL faced heavy selling pressure as volume surged 137% above average during the technical breakdown.

"Filecoin (FIL) Plummets 10% to $2.36 Amid Surge in Trading Volume"

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Finance

Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord

The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.

Banks of computers in a data center. (Shutterstock)

Markets

ICP Falls 11.2% to $6.69 After Losing Key $7.00 Support

Internet Computer (ICP) slides 11.2% to $6.69 after breaching key support at $7.00, with volume surging 94% above average amid heightened volatility.

ICP-USD, Nov. 10 (CoinDesk)

Tech

Monad Unveils Tokenomics Ahead of Nov. 24 MON Token Airdrop

A public sale of the MON token will begin on Coinbase’s Token Sales platform on Nov. 17 for 7.5% of the initial supply.

Hot-air balloons in the sky. (Ian Dooley/Unsplash)

Markets

TON Price Stalls Below Resistance as Sellers Block Breakout

Bulls are watching for a sustained move above $2.144 to potentially retest $2.154 highs, while bears are eyeing a break below $2.133

TON (CoinDesk Data)

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Finance

Bybit Said to Be in Talks to Buy South Korean Exchange Korbit: Report

A Bybit spokesperson said the talks, reported by South Korea’s Maeil Business Newspaper, are “not within our knowledge.”

gangnam

Finance

EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says

The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)