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

UAE sits on $344 million unrealized profit from its bitcoin mining operations

Royal family-linked mining rigs are producing about 4 BTC a day, turning state-backed infrastructure into a steady sovereign bitcoin machine

Flag of the United Arab Emirates

Markets

Bitcoin, ether rise as altcoins lag in low-volatility trade

Bitcoin and ether tick higher, but weak altcoin breadth, heavy liquidations and elevated options hedging suggest traders remain cautious.

Horse race, gallop. (marcelkessler/Pixabay)

Finance

The bank of the future: 77% of stablecoin users say they’d open a wallet with their bank today

YouGov survey published by Coinbase and BVNK also found that 71% of users would use a stablecoin-linked debit card as a means of spending them.

Wallet with bank cards (Steve Buissinne/Pixabay, modified by CoinDesk)

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Finance

Ethereum’s 50% staking milestone triggers backlash over 'misleading' supply data

CoinShares researcher Luke Nolan says the 50% figure is ‘inaccurate, or at least materially misleading’ and staked ether is closer to 30% of supply. Ethplorer.io’s Aleksandr Vat agrees.

Ethereum News

Markets

Canary lists spot SUI ETF with staking rewards

The Nasdaq-listed SUIS fund offers direct exposure to Sui’s native token while passing through proof-of-stake rewards in a regulated ETF wrapper.

Stephen Mackintosh, chief investment officer of Sui Group Holdings, and Evan Cheng, CEO of Mysten Labs at Consensus Hong Kong 2026 (CoinDesk)

Finance

American crypto holders are scared and confused about this year’s new IRS tax rules

Crypto tax platform, Awaken Tax, polled 1,000 crypto holders about a radical shift from self-disclosure to automatic reporting of transactions.

IRS building (Shutterstock)


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Markets

Bitcoin holds near $68,000 as volatility cools, WLFI jumps ahead of Mar-a-Lago forum

Bitcoin trades in a tight range as derivatives stabilize and altcoins show pockets of strength ahead of key macro cues and a high-profile crypto event.

Bitcoin rangebound (Asa E K/Unsplash)

Finance

Brevan Howard's crypto fund said to lose 30% in worst year since inception: FT

BH Digital Asset underperformed bitcoin, which lost 6% in 2025.

a sketched graph, heading downward, on a piece of paper