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

Bitcoin steadies near $89,000 as broad risk-off sentiment persists: Crypto Markets Today

Bitcoin consolidated after a sharp Tuesday selloff alongside a broader risk-off move in equities, while altcoins suffered deeper losses in light of elevated volatility.

A trader slumps at his desk in front of chart screens (Getty Images+/Unsplash)

Finance

Galaxy Digital to start $100 million hedge fund targeting crypto, fintech: FT

The fund will allocate up to 30% to crypto tokens and 70% to financial services stocks, taking both long and short positions to capitalize on market shifts.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Markets

Binance to add Ripple’s RLUSD stablecoin on Ethereum, XRP Ledger support is coming

The dollar-backed stablecoin be available starting Thursday on Ethereum, with support for the XRP Ledger expected soon.

Stylized Ripple logo

Markets

Tokenized gold volumes beat most ETFs as metal rallies toward $5,000

Crypto tokens backed by gold booked $178 billion trading volume last year, surpassing all but one major gold ETF, a report showed.

Stacked gold bars (Scottsdale Mint/Unsplash/Modified by CoinDesk)

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Tech

Solayer unveils $35 million fund for real-time DeFi, AI and tokenization apps on infiniSVM

Funded by Solayer Labs and Solayer Foundation, the effort targets onchain apps with revenue and high usage potential.

(Photo by Morthy Jameson on Unsplash/Modified by CoinDesk)

Finance

Mastercard said to weigh Zerohash investment after ending takeover talks worth billions

The credit card giant is considering a strategic investment in Zerohash as opposed to buying the company outright, according to people familiar with the transaction.

Mastercard debit card next to phone with price chart (CardMapr.nl/Unsplash)

Markets

Solana falls, rebounds from $145 as crypto market liquidations near $350 million


Despite strong fundamentals including $15 billion in stablecoins and $1 billion in tokenized real-world assets, technical signals suggest growing uncertainty.

Solana Price Drops 3.6% to $129 Amid $59M Long Liquidation After Resistance Failure

Finance

Former FTX EU trading specialists unveil Perpetuals.com, an AI-powered derivatives platform

Patrick Gruhn and Robin Matzke were the co-founders of Digital Assets, which was acquired by FTX’s Sam Bankman Fried in 2021 and rebranded as FTX EU.

Nasdaq (Shutterstock)

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Markets

Bitcoin slides to $91,000 as U.S. trade tensions spur selloff : Crypto Markets Today

Bitcoin erased last week’s rally as Asia-led selling hit crypto alongside falling U.S. equity futures.

Greenland (Barni1/Pixabay)