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 reverses from $79,500 as oil surge triggers broader crypto selloff

BTC fails at $80,000 and drops 2% as rising oil prices weigh on sentiment with altcoins leading losses across a volatile session.

Bitcoin price (CoinDesk data)

Markets

Global interest rates, Robinhood, Galaxy earnings: Crypto Week Ahead

Your look at what's coming in the week starting April 27.

Corner of a plaque showing a map of the Bank of Japan.

Policy

Running out of time on Clarity: State of Crypto

April is almost over. May is the month to watch.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Finance

Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit

Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million.

A wad of dollar bills changes hands (Shutterstock)

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Markets

Bitcoin whales build long positions as funding stays deeply negative

Long bias from the largest perpetual traders on Hyperliquid has built steadily through February, March and April, with the position now leaning aggressively long as bitcoin tags $80,000 and US-Iran talks resume.

A whale dives below the surface, leaving only its tail visible.

Markets

Only 3% of traders drive prediction markets' accuracy, not the crowd, study finds

Researchers show market accuracy comes from a tiny group of informed traders, not broad participation.

Nicolas Maduro in handcuffs and escorted by U.S. federal agents.

Policy

MiCA's not enough: Bybit CEO says firms need other licenses to turn a profit in Europe

In an interview, Ben Zhou said the crypto exchange is at least two years away from breaking even in Europe.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Bitcoin at $40,000 would be 'near-unprecedented' statistical outcome, analyst says

Mean-reversion models suggest bearish targets imply a 0.4th percentile event, far beyond typical market corrections.

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Policy

Jane Street asks court to reject Terraform claims tied to UST-LUNA crash

A filing Thursday said the lawsuit rehashes events already settled in court and seeks damages for losses caused by internal misconduct.

Terraform founder Do Kwon (Filip Filipovic/Getty Images)

Tech

Researcher wins 1 bitcoin bounty for 'largest quantum attack' on underlying tech

Independent researcher Giancarlo Lelli broke a 15-bit elliptic curve key on publicly accessible quantum hardware, 512 times larger than the previous public demonstration in September 2025.

Hacker sitting in a room