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


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)

Markets

Bitcoin reverses from $79,500 as oil surge triggers broader crypto selloff

BTC fails at $80,000 and drops 2% as rising oil prices weigh on sentiment with altcoins leading losses across a volatile session.

Bitcoin price (CoinDesk data)

Markets

Global interest rates, Robinhood, Galaxy earnings: Crypto Week Ahead

Your look at what's coming in the week starting April 27.

Corner of a plaque showing a map of the Bank of Japan.

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Policy

Running out of time on Clarity: State of Crypto

April is almost over. May is the month to watch.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Finance

Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit

Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million.

A wad of dollar bills changes hands (Shutterstock)

Markets

Bitcoin whales build long positions as funding stays deeply negative

Long bias from the largest perpetual traders on Hyperliquid has built steadily through February, March and April, with the position now leaning aggressively long as bitcoin tags $80,000 and US-Iran talks resume.

Whale diving (foco44/Pixabay)

Markets

Only 3% of traders drive prediction markets' accuracy, not the crowd, study finds

Researchers show market accuracy comes from a tiny group of informed traders, not broad participation.

Nicolas Maduro in handcuffs and escorted by U.S. federal agents.

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Policy

MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe

In an interview, Ben Zhou said the crypto exchange is at least two years away from breaking even in Europe.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Bitcoin at $40,000 would be 'near-unprecedented' statistical outcome, analyst says

Mean-reversion models suggest bearish targets imply a 0.4th percentile event, far beyond typical market corrections.

CoinDesk