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


Tech

The Protocol: Mythos forces crypto industry to rethink security practices

Also: Aave’s $300 million recovery effort, crypto for AI agents, and Bitcoin proposal for Satoshi-linked tokens.

Person wearing a skeleton mask, with a lifted finger to their mouth. (Max Bender/Unsplash)

Finance

Hyperliquid is preparing to take on Polymarket with a new way to trade real-world events

Hyperliquid is gearing up to challenge Polymarket with a zero-fee entry for event betting as the $63 billion prediction market sector continues to explode.

Hyperliquid founder Jeff Yan

Finance

Visa expands stablecoin settlement network as volume hits $7 billion run rate

The payments giant added support for Stripe's Tempo, Circle's Arc, Coinbase's Base, Polygon and Canton Network as stablecoins gain traction in global money movement.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

Markets

A tiny group is winning on Polymarket as under 1% of wallets take half the profits

After research showed a small minority moves prices, new data suggests an even smaller group captures roughly half of all gains.

(Julian Hochgesang/Unsplash)

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Crypto Daybook Americas

Bitcoin trading volume is falling fast. That rarely ends smoothly.

What you need to know for April 29, 2026

Bitcoin News

Markets

Bitcoin rebounds from key support as traders eye renewed push toward $80,000

BTC climbs after holding at the $75,600 support level while derivatives signal de-risking, and speculative flows build in memecoins ahead of tech earnings.

BTC chart (CoinDesk Data)

Finance

Mezo unveils institutional bitcoin yield vaults as demand grows to put idle BTC to work

A new product from Mezo, backed by Anchorage Digital and seeded by Bullish, highlights a broader shift as institutions seek yield on bitcoin without sacrificing custody or control.

Bitcoin (CoinDesk)

Policy

Fake Hong Kong stablecoins start trading as real ones remain absent

Tokens using ‘HKDAP’ and ‘HSBC’ tickers are circulating even as the HKMA says no licensed stablecoins have been issued

Hong Kong view over Victoria Harbour.

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Policy

KuCoin EU hires anti-money laundering talent to appease Austrian regulator

KuCoin was ordered by Austria’s FMA to halt business in the EU because of a shortfall in AML and compliance staff.

KuCoin screen on a mobile phone. (Shutterstock)

Markets

There's a social media groundswell predicting bitcoin above $90,000. That might be a problem.

The crowd is heavily leaning bullish, and that's often a contrarian signal, according to Santiment.

Hidden in a crowd.