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

Coinbase's Weak Q2 Is a Blip, Not a Breakdown, Says Benchmark

Weakness in Coinbase stock is a buying opportunity, according to the broker.

Coinbase app on a mobile phone screen.

Finance

DeFi Protocol CrediX Taken Offline After $4.5M Exploit

CertiK said all the stolen funds were bridged to Ethereum from Sonic.

A pair of spectacles sits on a tabletop in front of a bank of screens. (Kevin Ku/Unsplash)

Crypto Daybook Americas

Bitcoin Tests Support Before Aiming Higher: Crypto Daybook Americas

Your day-ahead look for Aug. 4, 2025

A rock climber silhouetted against the sky scales a steep incline in Saudi Arabia's Neom nature reserve.

Policy

French MPs Float Plan to Mine Bitcoin With Surplus Nuclear Energy

The proposal aims to take advantage of surplus energy generated by nuclear power plants, with one MP describing it as a "secure and extremely profitable solution".

Nuclear power plant (Lukáš Lehotský/Unsplash)

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Markets

Metaplanet Doubles Down on Bitcoin as Shares Slide, Buys Another $54M

The Japanese company's purchase takes its total holdings to more than $1.78 billion in value.

Aerial view of Tokyo at dusk, with the Tokyo Tower lit up.

Tech

Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects

Proposed technical implementations are designed to lead to increased developer activity and new use cases for applications on the network, contributing to demand for ADA, the network’s gas token.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Markets

Wall Street Is Buying Crypto ‘Quietly’ — And That’s Bullish, Says Bitmine's Tom Lee

Tom Lee says ether and bitcoin remain in early-stage institutional adoption, and warns investors not to mistake disbelief for a market top.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Policy

Hong Kong's Stablecoin Rules Kick In as It Looks to Establish Its Crypto Credentials

The new rules meal that stablecoin issuers will need to apply for a license in the region.

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

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Markets

BNB Slides as Tariffs, Stronger Dollar and Fed Policy Weigh on Crypto Markets

Despite the price drop, BNB is seeing growing corporate adoption, with several companies announcing plans to invest hundreds of millions of dollars in BNB.

BNB Price chart (CoinDesk Data)

Markets

Ethena's USDe Outpaces BlackRock’s Bitcoin, Ether ETFs With $3.1B Inflow Surge

In just 20 days, USDe added over $3.1B in supply, eclipsing inflows into BlackRock’s IBIT and ETHA combined. Reflexive market dynamics and rising yields are fueling the stablecoin’s explosive growth.

An open bank vault door reveals the stacked locked storage boxes inside.