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

Polygon Leads Crypto Gains With 16% Weekend Surge as CoinDesk 20 Index Holds Steady

Technical models flag bullish momentum, with support emerging around $0.277–$0.278.

CoinDesk 20 Index constituents (CoinDesk Indices)

Markets

Bitcoin’s Realized Capitalization Climbs to Record High Even as Spot Price Drops

The on-chain metric is rising despite bitcoin falling to more than 12% below its all-time high.

Bitcoin: Realized Cap Drawdown (Glassnode)

Markets

PEPE Slips as Whale Offloads $4.8M Stake, Still Outperforms Memecoin Sector

Despite the sell-off, PEPE rebounded sharply from it's session lows, with sustained buying interest and growing whale holdings.

PEPE/USD Price chart (CoinDesk Data)

Finance

Sonic Community Approves $150M Token Issuance for U.S. ETF Push, Nasdaq Vehicle

Sonic Labs pitched the proposal as a necessary break from its “2018 tokenomics,” which involved Fantom giving away most of its supply to the community.

A women drops her vote into a wooden box.

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Markets

Metaplanet Bitcoin Purchase Takes Holdings to 20K BTC, Overtaking Riot Platforms

1,009 BTC purchase worth $112M is biggest since July, shares drop 5.5%

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Crypto Markets Today: SOL Futures Are More Popular Than Ever, U.S. Inflation Report Looms

Open interest in SOL futures hit a record high alongside a rally in the token's price to a level not seen since February even as Solana application revenue dropped.

Solana sign and logo

Finance

Eric Trump Praises China’s Role in Bitcoin, Says U.S. and Beijing Are ‘Leading the Way’

President Donald Trump's son said he would love for his father and China's President Xi Jinping to talk about bitcoin at a coming meeting.

Eric Trump speaks in Hong Kong at BTC Asia (screenshot)

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Finance

IREN Posts First Full-Year Profit on AI Cloud Growth, Mining Expansion; Shares Climb

The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.

IREN (TradingView)

Markets

ICP Climbs 3% as Interest in Altcoins Gains Momentum

ICP executes V-shaped recovery, reclaiming $5.13 on heavy volume, possibly setting up for continued gains

ICP, Aug. 28 2025 (CoinDesk)