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

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Markets

Crypto Markets Today: Bitcoin Slips Back Toward Danger Zone Ahead of Fed Decision

Bitcoin surrendered gains from earlier in the week, fell back toward $90,000 as traders braced for Wednesday’s Federal Reserve rate decision.

Yellow tape saying "Caution" blocks access to a dangerous area.(Gaertringen/Pixabay)

Markets

HashKey Seeks $215 Million in Hong Kong IPO While Racing Against Its Cash Burn Rate

HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.

CoinDesk

Markets

SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says

Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.

The letters SGX, the exchanges logo, standing on a wall.

Markets

ICP Rises, Keeping Price Above Key Support Levels

Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.

ICP-USD, Dec. 8 (CoinDesk)

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Markets

U.S. Spot XRP ETFs Hit 15-Day Inflow Streak, Near $1B Milestone

U.S. spot XRP ETFs approaching $1 billion are the most significant altcoin launch yet, validating a regulatory blueprint for all utility tokens and signaling Wall Street's post-lawsuit conviction.

XRP Logo

Markets

Polkadot's Gain Underperforms Wider Crypto Markets

The token has support at $2.05 and resistance near the $2.16 level.

Polkadot (DOT) Rises 2% to $2.13 Amid Mixed Market Sentiment

Markets

Crypto Markets Today: Bitcoin Reclaims $92K as Fed Rate-Cut Expectations Lift Sentiment

Bitcoin pushed back above $92,000 during Monday’s Asia session as traders priced in a likely Federal Reserve rate cut this week; altcoins continued to lag.

Fed rate cut op

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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)