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 hovers below $60,000 as crypto braces for a pivotal week

BTC added 0.6% to $59,800 to start the week while SOL rose 2%, though derivatives data and chart formations point to continued downside risk.

Bitcoin price (CoinDesk data)

Policy

Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits

European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.

ESMA headquarters, white office block.

Markets

New MiCA regime in Europe, U.S. jobs report for June: Crypto Week Ahead

Your look at what's coming in the week starting June 29.

The formal signing of of MiCA at the European Parliament. (Swedish government/Twitter)

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Finance

SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners

The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset market.

Tokyo, Japan (Jaison Lin/Unsplash)

Markets

Bitcoin bounces from $58,000 as derivatives signal more pain in the pipeline

BTC touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.

Bitcoin price (CoinDesk Data)

Policy

Binance tells EU users it will no longer provide services after failing to secure MiCA license

A day after withdrawing its MiCA license application in Greece and saying it is ‘not leaving Europe,’ Binance notified users across the European Union that it will suspend some services.

European Union Flag (Christian Lue/Unsplash)

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Finance

Japanese financial services giant SBI Holdings to buy Bitbank for $289 million

SBI said the purchase of the crypto exchange is set to close in October.

Tokyo (mako/Unsplash)

Finance

Grant Cardone says he will keep buying bitcoin using real estate cash flows

The real estate investor pitched his model as a treasury company backed by cash-flowing property rather than stock sales, framing the slide in bitcoin as a chance to accumulate.

Grant Cardone. (CoinDesk)