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


Policy

Michigan's Stalled Bitcoin Reserve Bill Advances After 7 Months

The bill proposes allowing the state treasury to invest up to 10% of its reserves in bitcoin and potentially other cryptocurrencies.

Michigan

Markets

XRP and DOGE ETFs Smash Records With $54.7M Combined Day-One Volume

The impressive first day debut highlights growing investor appetite for alternative investment vehicles tied to altcoins.

Market prices. (geralt/Pixabay)

Markets

ETFs Offering Exposure to XRP, DOGE Debut in U.S.

Products tracking the two tokens offered by Rex Shares and Osprey Funds listed on the Cboe exchange under the tickers DOJE and XRPR

XRP News

Finance

Solmate Joins Solana Treasury Push With $300M Funding From UAE Investors, ARK Invest

Brera’s Solmate will hold and stake SOL, with support from ARK Invest, RockawayX, Pulsar Group and the Solana Foundation.

Stylized solana graphic

Advertisement

Finance

Nvidia to Invest $5B in Intel and Develop Data Centers, PCs; AI Tokens Climb

Nvidia will invest $5 billion through purchases of Intel stock for $23.28 per share.

Nvidia CEO Jensen Huang (Nvidia)

Markets

Crypto Markets Today: BNB, AVAX and DOT Lead Futures Trends

Major cryptocurrencies rallied following the Federal Reserve's interest-rate cut, though some analysts remain cautious.

Arrow Up (Unsplash)

Finance

Tether Co-Founder, Tokenization Pioneer Unveil Startup for GENIUS-Aligned Digital Dollars

STBL transforms tokenized securities such as money market funds into freely usable stablecoins, and allow-listed, interest-accruing NFTs.

Avtar Sehra sits on a chair in front of a microphone (Libre)

Policy

Australia's Financial Watchdog Offers Exemptions to Stablecoin Intermediaries

The exemptions mean intermediaries do not require a a separate Australian financial services license to distribute licensed stablecoins.

View of Sydney harbor with Habor Bridge and opera house. (Caleb/ Unsplash)

Advertisement

Markets

Bitcoin ETF Inflows Reverse as Fed’s Hawkish Outlook Triggers Market Caution

Ethereum ETFs also saw redemptions, losing $1.89 million, while cryptocurrency prices edged higher.

Bulls and bears (Midjourney/Modified by CoinDesk)

Markets

Fed Cuts Rate in 'Risk Management' Move as Bitcoin Eyes Possible Upside

The U.S. central bank lowered its benchmark rate range by 25 basis points to 4%-4.25%, citing softening labor markets and economic uncertainty.

Fed Chair Jerome Powell adjusts his glasses at a press conference.