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

Open Interest in XRP Zooms to $1B as Ripple Tests RLUSD Stablecoin

Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development.

Bulls eydOliver Buchmann/Unsplash)

Markets

Bitcoin Retail Inflows Hold Steady as Whales Pile In at Start of Historically Bullish October

Data from crypto exchanges OKX and Binance, popular with retail traders, show subdued activity relative to the bull markets of 2021 and 2022 and less even than the 2019-2020 bear market.

Trading (Pixabay)

Finance

FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan

The plan promises to return 118% of claims in cash to most creditors, who represent about $6.83 billion in claims by value.

FTX CEO Sam Bankman-Fried (MIT Bitcoin Club/Wikimedia Commons, modified by CoinDesk)

Finance

EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B

Binance will list spot trading pairs at 05:00 UTC.

EigenLayer founder Sreeram Kannan at ETHDenver 2024 (Danny Nelson/CoinDesk)

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Markets

Memecoin Launchpad GraFun Crosses $250M in Volume on BNB Chain Release

Memecoin-related tools are helping the crypto industry cater to more mainstream users than other crypto uses, according to B, a Floki core developer.

(GraFun)

Finance

Banking Platform OpenPayd Hires Two Senior Execs From Crypto Prime Broker FalconX

Lux Thiagarajah and Richard Usher will start at the business in London on Oct. 1.

Lux Thiagarajah, OpenPayd's director of growth (OpenPayd)

Markets

First Mover Americas: Bitcoin Drops 3%, Still on Track for Best September Since 2013

The latest price moves in crypto markets in context for Sept. 30, 2024.

BTC price, FMA Sept. 30 2024 (CoinDesk)

Markets

'Overbought' Bitcoin Drops Below $64K as ISM Manufacturing Data Looms: 10x Research

The U.S. data, due Tuesday, has triggered 10% price drops in the first week of the past three months, 10x Research said.

BTC's price dropped through a support level on Monday. (TradingView/CoinDesk)

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Finance

Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report

Late last year, the South Korean cryptocurrency exchange was reported to be considering listing its shares on Kosdaq.

Bithumb (Shutterstock)

Markets

Crypto Investment Products Saw $1.2B of Inflows Last Week, Most in 10 Weeks: CoinShares

Ether funds registered $87 million in net inflows to break a five-week losing streak while bitcoin products added $1 billion.

(Gerd Altmann/Pixabay)