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

Strategy’s STRC stock logs record $1.5 billion trading volume, funds 11,707 bitcoin purchase

Heavy trading volume ahead of the ex-dividend date pushed STRC to its busiest session on record.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)

Markets

The U.S. stock market is getting close to dot-com bubble peak valuations

The Shiller cyclically adjusted price-to-earnings ratio for U.S. stocks is nearing the 1999 peak seen during the dot-com bubble.

Laptop screen showing a rising graph line. (Yorgos Ntrahas/Unsplash)

Finance

Kraken to replace LayerZero with Chainlink to bridge assets across blockchains

The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

Kraken on phone (PiggyBank/ Unsplash)

Policy

Bank of England ready to water down 'overly conservative' stablecoin proposals: FT

Restrictions proposed by the BOE prompted criticism from the crypto industry, which said they risked preventing the U.K. from being competitive in the digital economy.

A pedestrian walks past the entrance to the Bank of England (Unsplash)

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Crypto Daybook Americas

Clarity Act markup leaves bitcoin unstirred

Your day-ahead look for May 14, 2026

The dome of the Capitol

Markets

Bullish misses first-quarter revenue estimates as services fall short

The company also missed bottom-line forecasts. The shares fell before rebounding as the broader market advanced.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Markets

Cerebras, OpenAI, SpaceX: The IPO pipeline that could drain crypto

Cerebras Systems’ $5.5 billion IPO and soaring semiconductor stocks underscore how investor attention has shifted from bitcoin to artificial intelligence in 2026.

BTCUSD vs AI Equities (TradingView)

Markets

Bitcoin stuck below $80,000 as leveraged longs unwind, altcoins slide

Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.

Bitcoin price (CoinDesk Data)

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Markets

Moody’s assigns Aaa-mf assessments to Fidelity International and BlackRock tokenized money market funds

The assessment suggest the highest level of credit quality, liquidity and capital preservation.

A smartphone displays the logo of Moody's Corporation

Policy

UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire

If found guilty of violating the Parliamentary code of conduct, the Reform UK party leader could be suspended from the House of Commons.

Nigel Farage. (Reform UK)