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


Markets

BTC Holds Steady as Fed Rate Cut Looms, Rising Treasury Yields Suggest Caution: Analysts

The Federal Reserve is expected to cut U.S. interest rates by 25 basis points on Wednesday.

Governor Jerome H. Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs.

Markets

U.S. Interest Rates, Do Kwon Sentencing: Crypto Week Ahead

Your look at what's coming in the week starting Dec. 8.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)

Finance

Euro Stablecoin Market Cap Doubles in Year After MiCA, Study Finds

Prior to MiCA, euro-denominated stablecoins' market cap contracted by 48% in the year leading up to June 2024.

Euro. (jojooff/Pixabay)

Finance

Russian Banking Giant VTB to Become Country's First to Offer Spot Crypto Trading: Report

In 2026, VTB plans to be the first Russian bank to allow clients access to spot crypto trading services.

Moscow's International Business Center, where Federation Tower is located. Garantex and a host of other non-compliant Russian exchanges operate out of Federation Tower. (Getty Images/ValerijaP)

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Markets

Crypto Markets Today: Bitcoin Slides to $91K as ETF Outflows Deepen Market Anxiety

Bitcoin’s early week rally unraveled as sharp ETF outflows, aggressive derivatives deleveraging and muted altcoin reactions to catalysts pulled the broader crypto market lower.

Waterslide on a field (extremis/Pixabay)

Policy

EU Seeks to Transfer Crypto Oversight to Bloc's Securities and Markets Authority

The European Commission wants to get rid of fragmentation from differing supervisory approaches in member states.

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

Markets

Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.

(Greg Bulla/Unsplash)

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Markets

ICP Rises as Cross-Chain Narratives Gain Attention

Internet Computer edged higher as broader market consolidation kept price action pinned to key support and resistance levels.

ICP-USD, Dec. 4 (CoinDesk)

Finance

Blockdaemon, VerifiedX Join Forces to Deliver Mass-Market, Self-Custodial DeFi

The experience, which is designed to feel like Venmo or Cash App, allows users to earn yield on bitcoin (BTC) and stablecoins and borrow against their holdings.

Blockdaemon CEO and founder Konstantin Richter (Blockdaemon, modified by CoinDesk)