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


Finance

Symbiotic aims to make tokenized assets easier to cash out with new liquidity network

Liquid Lane aims to solve a key bottleneck that is holding back growth of tokenized funds and credit: long redemption times, Symbiotic cofounder Misha Putiatin said.

Symbiotic cofounders Misha Putiatin and Algys Ievlev (Symbiotic)

Markets

Ripple’s dollar stablecoin expands to Turkey through three local platforms

BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.

Turkish flag suspended from a wire against a sunset sky.

Markets

Bitcoin drops toward $69,000 as Saylor sale spooks investors while AI tokens buck the trend

The price of bitcoin fell to its lowest since April 7 as Strategy's sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.

Bitcoin price (CoinDesk Data)

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Markets

Michael Saylor breaks silence after Strategy sells $2.5 million in bitcoin

Michael Saylor says Strategy aims to make STRC the world's best credit instrument after the company sold bitcoin to help fund preferred stock distributions

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Policy

Japan's ruling party supports crypto ETF trading, yen-based stablecoins

Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a proposal to the finance minister.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Michael Saylor's Strategy sold 32 bitcoin for $2.5 million to fund dividend payments

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy's preferred stock.

Strategy's Michael Saylor (CoinDesk)

Markets

Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain

Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.

Laptop with markets monitor and charts. (Kanchanara/Unsplash)

Markets

U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead

Your look at what's coming in the week starting June 1.

U.S. Congress building