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

Latest from Sheldon Reback


Markets

Bitcoin climbs to $78,000 as crypto sits out the AI selloff

Bitcoin rose 1.9% since midnight UTC while Nasdaq 100 index futures fell 1.65% on calls to slow AI development and crude gained almost 4% on a Saudi pipeline closure.

Crypto diverges from traditional markets (TradingView)

Finance

TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions

ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.

ByteDance headquarters in China. (ByteDance/Press)

Markets

Fed, BOE, BOJ interest-rate decisions: Crypto Week Ahead

Your look at what's coming in the week starting Sept. 14.

Federal Reserve logo highlighted on a U.S. banknote

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Markets

Bitcoin bucks tech selloff as AI safety concerns weigh on stocks

Bitcoin rose above $77,000 as calls to slow AI development hit technology shares, while rising oil prices added to market pressure.

BTC Price (CoinDesk)

Finance

Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value

The bitcoin treasury firm cut the potential Series 10 share pool to 188.2 million.

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

Markets

Bitcoin recovers toward $77,300 as zcash leverage unwinds

Bitcoin rose 0.7% since midnight UTC to around $77,200, and 68 of the CoinDesk 100 constituents gained, though the index remains 1.4% lower over 24 hours.

Zcash open interest tumbles (Coinalyze data)

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Markets

Bitcoin pulls back as another golden cross fails to deliver

Bitcoin’s golden cross may support the longer-term outlook, but history suggests much of the upside often occurs before the signal appears.

BTC: Golden Cross (Glassnode)

Finance

Monument Bank delays retail tokenized deposits while onboarding custody partner

The London-based challenger bank tapped a Canadian custodian to meet the Financial Conduct Authority’s regulatory requirements. It now expects to roll out retail tokenized deposits by November.

Mintoo Bhandari of Monument Bank and Fahmi Syed, president of the Midnight Foundation. (Olivier Acuna/CoinDesk)