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 traders turn cautious as bitcoin loses steam below $80,000

Bitcoin drops after repeated resistance at $80,000, taking ether with it, while derivatives and macro signals point to reduced risk appetite and subdued volatility.

BTC/USD (TradingView)

Policy

A digital shekel is here: Israel approves its first regulated stablecoin

BILS was developed in collaboration with the Solana network and crypto custodian heavyweights Fireblocks with auditing oversight provided by Big Four consultancy firm EY.

16:9 Shekels (Ri_Ya/Pixabay)

Finance

Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition

The firm added 114 BTC to its corporate treasury, for a total of 8,997 BTC, and said it plans to issue regular third-party reports.

Bitcoin price chart on a screen (Behnam Norouzi/Unsplash)

Finance

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Bitmine bought $234 million of ether in its largest weekly purchase this year, closing in on Strategy's regular bitcoin buys once the firm's STRC-fueled spikes are stripped out.

Tom Lee of Bitmine. (CoinDesk)

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Markets

Fidelity Digital Assets says bitcoin is leading crypto market stabilization

Despite muted prices to start the second quarter, the report said improving onchain metrics and network activity point to a market finding its footing.

Trading screen

Policy

Canada’s crypto donation ban clears key vote with support from Conservatives

Bill C-25, the Strong and Free Elections Act, cleared second reading Friday and heads to committee as Conservative lawmakers raise but don’t challenge the proposed ban on bitcoin contributions

Mark Carney (Liberal Party)

Markets

As the bitcoin price rises, futures may look bearish, but they're not, analyst says

Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play.

Graphs, discussion (geralt/Pixabay)

Finance

Bitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of value'

The firm has bought more than 5 million in ETH in just 10 months while most digital asset treasury companies have stopped accumulating.

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

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Policy

EU’s largest measures against Russia yet include escalation of crypto sanctions evasion

The European Union noted that Russia has become increasingly reliant on cryptocurrency to circumvent sanctions.

Kremlin in winter. (Michael Parulava/Unsplash)