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

Crypto Markets Today: Bitcoin climbs to highest level in four weeks as altcoins lag

Bitcoin briefly topped $93,000, driving a risk-on tone across markets, but uneven altcoin performance suggest traders remain wary of a near-term pullback.

Chain in sunlight (Credit: Pexels)

Markets

Bitcoin traders kick off 2026 with bets on price rally above $100,000

Dominant call positioning is shaping bitcoin’s price dynamics as bitcoin breaks out of its sideways range.

CoinDesk

Finance

$110 billion in crypto left South Korea in 2025 owing to strict trading rules

While South Korean financial officials acknowledged the need for new rules, disagreements over stablecoins delayed a broader crypto framework.

South Korea, Seoul

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Policy

Iran accepts cryptocurrency as payment for advanced weapons

Prospective customers could purchase weapons such as missiles, tanks and drones using crypto, according to a government website.

Iran flag (Akbar Nemati/Unsplash, modified by CoinDesk)

Policy

Turkmenistan legalizes crypto mining and exchanges to boost the economy

The legislation aims to boost economic development and foreign investment while treating virtual assets strictly as property.

Turkmenistan

Markets

Internet Computer climbs back to $3 as short-term momentum improves

ICP pushed above the $3 level on rising activity, holding recent gains as traders reassess near-term direction.

ICP-USD, Jan. 2 (CoinDesk)

Markets

BONK jumps more than 10% in 24 hours as momentum pushes price higher

The Solana-based token passed through a key technical level before easing back into consolidation.

BONK-USD, Jan 2 (CoinDesk)

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Policy

Korbit fined $1.9 million for anti money-laundering, customer verification breaches

The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.

Bright lights, people throng in Seoul shopping street

Markets

Bitcoin got stuck after slumping 30% from its peak. Here's why.

The October flash crash exposed how fragile bitcoin’s rally had become. It also illustrated a fundamental change in how BTC is perceived.

Wall street signs, traffic light, New York City