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

Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore

Santiment reported that bitcoin supply is at its lowest since 2017 and ether since 2015, adding that it doesn’t guarantee prices will move higher but helps set up crypto’s next bull cycle.

Chart downward trend. (Maxim Hopman/Unsplash)

Markets

Polymarket bets on U.S. marketing blitz to win back trust after 4-year ban: Report

The prediction market's head of U.S. operations says the business is taking steps to legitimize itself after years of legal scrutiny.

CoinDesk

Policy

Citadel abandons multi-year crypto lawsuit to focus on bankruptcy order against an ex-employee

After winning a 6 million-pound London arbitration award, Citadel dropped its U.S. trade secrets case, saying another judgment would likely go uncollected.

Citadel Securities Chairman Ken Griffin

Markets

SpaceX's first bitcoin wallet movements in six months likely don't signal sales

Onchain trackers found the newly public company shifted a tiny amount of bitcoin between its own addresses. Nothing reached an exchange.

(SpaceX/Unsplash)

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Markets

Crypto and stocks tumble after Trump declares ceasefire 'over' following Iran strikes

Bitcoin fell, altcoins slid after Trump said the ceasefire with Iran is "over" as U.S. and Iran traded airstrikes.

Bitcoin price (CoinDesk data)

Policy

Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters

Indian regulators maintained a hawkish stance despite the growing embrace of digital assets and technology by governments worldwide.

Indian flag (Naveed Ahmed/Unsplash)

Finance

EDX Markets raises $76 million in funding round led by SBI Holdings

EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

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Finance

Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg

Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Crypto Daybook Americas

Bitcoin's July gains may be fleeting as U.S. demand stays weak

Your day-ahead look for July 7, 2026

Two charts and keyboard in a darkened room. (Asa E K/Unsplash)