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

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Markets

U.S. bitcoin, ether ETFs end record multibillion outflow streak

U.S. spot bitcoin ETFs pulled in a net $3.05 million on Thursday, capping 13 straight sessions of outflows totaling roughly $4.4 billion. Ether ETFs ended a 17-day outflow streak.

Pile of cash. (Emilio Takas/Unsplash)

Markets

Here's what could happen if bitcoin breaks below $60,000

A confluence of factors makes $60,000 as key level to watch for in the near term, according to Deribit.

Crypto trader on laptop and phone

Policy

Russia sanctions British teenager for alleging A7A5 use in funding Ukraine war

The A7A5 stablecoin was designed to bypass sanctions imposed on Russia following its invasion of Ukraine in 2022.

The Kremlin in Moscow (Artem Beliaikin/Unsplash)

Markets

Bitcoin steadies above $60,000 while derivatives send an unambiguous warning

BTC crashed to $61,300 before recovering to $62,500 with $3 billion in liquidations over two days. Traders loaded up on $60,000 puts in anticipation of further declines.

CoinDesk

Markets

This bitcoin metric has marked every bear market bottom, and it's just flashed again

More than half of the bitcoin in circulation is sitting on unrealized losses as the BTC price tests historically significant bear-market support levels.

CoinDesk

Finance

Goldman Sachs teams with Apex, Archax for tokenized real estate fund

The fund combines blockchain native issuance with established fund structures.

Goldman Sachs logo (Shutterstock)

Markets

Rare physical bitcoin worth $1.78 million gets cashed in after 12 years

The S1-COIN-25 physical bitcoin, part of Mike Caldwell's 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.

Original Casascius coins (casascius.com)

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Markets

Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says

Strategy's bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

Bitcoin hits Power Law level low that historically precedes a rebound

The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.

Power Law (Checkonchain)