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


Finance

Polymarket points to third-party login tool after users report account breaches

The platform attributed the incident to a third-party login provider, which several users speculated was Magic Labs, a popular tool for email-based logins.

Glasses in front of monitors with code (Kevin Ku/Unsplash/Modified by CoinDesk)

Markets

Bitcoin nears breakout from the $85,000-$90,000 range as options expiry looms

A year-end options expiry for bitcoin is suppressing volatility just as macro and risk-asset positioning turns supportive for a higher price.

CoinDesk

Markets

Aptos' APT declines amid slump in wider crypto markets

APT declined on heavy volume as the CoinDesk 20 index fell 2.8%.

"Aptos Rises 2.16% to $1.59 Amid Layer-1 Token Rotation"

Finance

Solana treasury-focused Upexi files for up to $1 billion capital raise

The company manages a portfolio of consumer brands and holds about 2 million SOL, making it the fourth-largest solana treasury of any public company.

Solana portfolio shown on a laptop (Amjith S/Unsplash)

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Policy

ECB gains backing from Council of EU for caps on digital euro holdings

Concerned that a CBDC will drain funds from traditional banks, regulators are considering caps on how much digital euro citizens can hold to ensure it's purely for payments.

The EU seeks to put savings caps on the digital euro.

Markets

Filecoin drops as bears test support

The storage token faced selling pressure at the $1.33 resistance level while institutions accumulated on the dips.

"Filecoin Falls 1.7% to $1.30 as Bears Test Support Amid Institutional Accumulation"

Markets

Crypto Markets Today: Cardano-based NIGHT crashes, ZEC, XMR also drop

Most tokens that debuted this year are trading below their initial valuations.

Bear

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Finance

Strategy's increased dollar buffer covers more than 2 years of dividend obligations

The company expanded its USD buffer runway beyond 2027, supporting dividends and reduces refinancing risk ahead of the next bitcoin halving.

Strategy Executive Chairman Michael Saylor (Danny Nelson, modified by CoinDesk)

Markets

Miner capitulation is a contrarian signal, indicates renewed bitcoin momentum, VanEck says

VanEck data shows declining bitcoin mining activity has historically preceded strong returns in bitcoin.

(Sternschnuppenreiter/Pixabay)