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 Slips Toward $103K; Miners Tumble on AI Trade Cooling, SoftBank's Nvidia Exit

Crypto traders are taking profits on the bounce in prices, a Wintermute strategist said in a note.

Bitcoin (BTC) price on November 11 (CoinDesk)

Markets

Toncoin Drops to Key $2.07 Support Level as Selling Pressure Builds

The token briefly rose to $2.16 before reversing, with high trading volume indicating strong resistance at that level.

"TON Falls 2% to $2.07 Amid Technical Breakdown and Selling Pressure"

Policy

ClearToken Wins UK Regulator Approval for Digital Asset Settlement Service

ClearToken won authorization from the U.K.’s FCA to roll out CT Settle, a delivery-versus-payment settlement system for crypto, stablecoins and fiat currency.

UK FCA building (FCA)

Policy

Brazil’s Central Bank Sets Crypto Rules, Establishes up to $7M Capital Bar for Firms

The rules classify crypto activities as subject to foreign exchange and capital market rules, and require reporting of international transactions.

Brazil's flag (Rafaela Biazi/Unsplash/Modified by CoinDesk)

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Crypto Daybook Americas

Change of Character: Crypto Daybook Americas

Your day-ahead look for Nov. 11, 2025

Bulls and bears (Midjourney/Modified by CoinDesk)

Markets

Crypto Markets Today: Bitcoin, Ether Hold Steady as Traders Brace for Next Big Move

Bitcoin held around $105,000 and ether near $3,550 as traders weighed whether the recent recovery has the strength to break higher or risks forming a lower high.

A see-saw sits unused in a playground

Markets

Bitdeer Fell 20% on Wider-Than-Estimated Net Loss, ASIC Chip Delay

The bitcoin miner and equipment maker beat revenue estimates but posted a deeper-than-expected loss and announced an ASIC delay amid uncertain AI rollout.

Bitdeer Share Price (TradingView)

Finance

Gemini Slumps After Missing Earnings Estimates in First Report Since IPO

Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

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Markets

Filecoin Slides After Breaking Key Support Levels

FIL faced heavy selling pressure as volume surged 137% above average during the technical breakdown.

"Filecoin (FIL) Plummets 10% to $2.36 Amid Surge in Trading Volume"

Finance

Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord

The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.

Banks of computers in a data center. (Shutterstock)