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

Memecoin Tied to CZ Statue Crashes 99% After Binance Founder Disowns It

A Washington, D.C. statue of Changpeng “CZ” Zhao became the center of a memecoin frenzy after the “czstatue” token surged 27,000% in a day before collapsing to near zero.

Chanpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)

Markets

Bitcoin, Ether Brace for $17B Options Expiry Amid Fed Meeting, Tech Company Earnings

Traders eye potential volatility as bitcoin hovers near max pain around $114,000 and ether nears $4,000.

Open Interest (Deribit)

Finance

Deutsche Digital Assets and Safello to List Staked Bittensor ETP on SIX Swiss Exchange

The exchange-traded product offers investors regulated access to Bittensor’s TAO token with staking rewards and full physical backing.

Artificial Intelligence (Markus Winkler/Unsplash)

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Markets

DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade

DBS said the deal involved trading cash-settled OTC bitcoin and ether options.

(DBS)

Markets

World Liberty Financial to Airdrop 8.4M WLFI Tokens to Early USD1 Users

The Trump-backed stablecoin project is rewarding early adopters through its USD1 points program, distributing tokens across six exchanges as it expands into DeFi and real-world asset integrations.

World Liberty Financial leadership team

Markets

BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150

Traders face a mixed outlook, with BNB's deflationary mechanics potentially leading to a boost if demand grows, but technicals show the price stuck in a narrow range.

"BNB Inches Up to $1,141 Amid $1.65B Quarterly Token Burn and Choppy Range-Bound Trading"

Finance

Shipping Firm OceanPal Adds AI Arm With $120M PIPE Deal, Eyes 10% of NEAR Supply

The move is backed by investors including Kraken and Fabric Ventures, and OceanPal's shipping business will continue to operate separately.

Shipping vessel at sea (Getty Images/Unsplash+/Modified by CoinDesk)

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Markets

Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.

Hut 8 plant

Markets

Crypto Markets Today: BTC Holds at $114.5K, HBAR Soars on ETF News

Crypto markets paused after Monday’s surge, with bitcoin steady near $114,500 and ether slipping slightly. Hedera’s HBAR led altcoin gains.

(Asa E K/Unsplash)