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

BNB Breaks Below $800 as Volume Patterns Point to Lack of Sustained Demand Despite Corporate Interest

The drop comes after BNB hit a record high near $860, driven by aggressive moves into the token by public companies.

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Policy

Indonesia to Raise Taxes on Crypto Transactions: Reuters

Sellers using exchanges located in the country will have to pay a 0.21% tax on the transaction value, up from 0.1%, Reuters said.

Indonesia flag (Bisma Mahendra/Unsplash)

Finance

Telegram’s @crypto Handle Gets $25M Offer as Price Surges 70-Fold in 2 Years

Telegram username @crypto, bought for $350,000, now commands a $25 million offer — showcasing the explosive rise of tokenized digital identities on the TON blockchain.

Telegram app on a smartphone (Christian Wiediger/Unsplash)

Markets

Polkadot's DOT Drops Over 6% as Deterioration Accelerates

Support has been established at $3.74, with resistance at the $3.83 level.

DOT Price Drops 6.6% Amid Intensifying Global Trade Tensions and Bearish Momentum

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Markets

How Will SEC's Approval of In-Kind Redemptions for Bitcoin and Ether ETFs Reshape The Crypto Market?

The SEC approved in-kind creations and redemptions for spot bitcoin and ether ETFs, aligning them more closely with traditional exchange-traded funds.

(Pixabay)

Policy

Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report

The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.

The entrance to the Bank of Korea at night.

Finance

WLFI Invests $10M in Falcon Finance to Boost On-Chain Dollar Liquidity

The investment comes as Falcon Finance surpasses $1 billion in circulating supply following its public launch.

(engin akyurt/Unsplash)

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Markets

XRP Futures Volume on Kraken Eclipses Sol for 1st Time as Price Soars to Record

SOL still leads XRP in terms of futures open interest on Kraken and other exchanges.

XRP futures volume beat SOL on Kraken. (geralt/Pixabay)

Markets

ARK Invest Buys Another $15.3M Worth of Ether Strategy Firm BitMine Immersion

Cathie Wood's investment management firm added 477,498 BMNR shares across its Innovation and Next Generations Internet ETFs

Cathie Wood, CEO of ARK Invest, at Consensus 2024. (Suzanne Cordiero)