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 will 'explode' past $90,000 and hit $126,000, Arthur Hayes says

Arthur Hayes, the BitMEX co-founder who now runs Maelstrom, said bitcoin's return to its October high is a "foregone conclusion," and he is taking his fund to maximum risk, with HYPE, ZEC, and NEAR as his top altcoin picks.

Arthur Hayes

Markets

Bitcoin hovers above key support as equities, crypto retreat

Bitcoin and ether fell as escalating Middle East tensions lifted oil and the dollar, though BTC continued to hold above a key bull market level.

CoinDesk

Markets

Cathie Wood’s Ark Invest chases Circle stock as it hits a 2-month high

Circle shares rose 16% to $131.76 on Monday, their highest closing price since March 18.

Ark Invest CEO Cathie Wood

Markets

Bitcoin miner MARA sold $1.5 billion of bitcoin as it shifts toward AI infrastructure

While the miner said bitcoin remains its operational foundation, first-quarter results point to a company increasingly built around power, data centers and AI demand.

(Markus Winkler/Unsplash)

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Tech

The biggest consensus overhaul in Solana history is officially live for testing

The upgrade, known as Alpenglow, is live on a community test cluster, said Solana core developer Anza.

Solana sign (CoinDesk)

Markets

Strategy buys 535 bitcoin for $43 million days after signaling potential BTC sales

Last week's purchases were funded by sales of the company's common stock.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)

Tech

Ronin set to transition to Ethereum layer 2 from independent sidechain

The purpose behind the migration is to enhance security, tokenomics and scalability, said Ronin, which suffered the largest DeFi bridge exploit on record in 2022.

Computer keyboard with multicolored LED keys (Mateo/Unsplash)


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Finance

Circle raises $222 million for Arc, beats Q1 earnings estimates but misses on revenue

Circle raised $222 million for its Arc blockchain token at a $3 billion valuation, drawing backing from BlackRock, Apollo and Bullish.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Bitcoin whipsaws on CME open as Iran tensions pressure crypto markets

BTC briefly topped $82,400 before slipping below $81,000 as traders repositioned around CME futures open and geopolitical risks rattled markets.

CoinDesk