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

Nearly half of all circulating bitcoin is underwater as long-term holders sell at a loss

Nearly half of all bitcoin is now trading at a loss, with the Bitcoin Impact Index surging to 57.4, indicating high stress levels.

CoinMarketCap showing top crypto prices (Behnam Norouzi/Unsplash/Modified by CoinDesk)

Tech

Charles Hoskinson’s $200 million bet: Midnight goes live to tackle crypto’s biggest flaws

The Cardano founder argues crypto is too public, complex and risky for mainstream use and is backing a privacy-focused network to change that.

Charles Hoskinson is being interviewed in the media center during Consensus Hong Kong 2026

Markets

Lido DAO proposes $20 million LDO buyback to boost price after 95% slide

A proposed treasury buyback of up to 10,000 stETH for LDO highlights how thin DeFi governance token liquidity has become, forcing the DAO to route through centralized exchanges.

(Lido Finance)

Tech

Aave rolls out v4 on Ethereum, aiming to expand DeFi into real-world credit markets

The upgrade has been in development for about two years and is designed to make it easier to use Aave for a wider range of lending and borrowing activities.

Lending money, bills on a person's hands (Christian Dubovan/Unsplash)

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Markets

Bitcoin rises as Trump says U.S. in talks with 'new regime' in Iran, threatens oil infrastructure if deal fails

Trump said "great progress" had been made toward ending the war, but warned the U.S. would "obliterate" Iran's power plants, oil wells and Kharg Island if a deal isn't reached shortly.

Donald Trump

Crypto Daybook Americas

Bitcoin, ether bounce is running low on fuel

Your day-ahead look for March 30, 2026

A fuel gauge near empty (Image credit: Shutterstock).

Finance

Midas raises $50 million to tackle pain point for tokenized asset investors

The funding will support the introduction of an instant redemption system for onchain funds, a key hurdle for broader institutional adoption.

Dennis Dinkelmeyer, CEO and co-founder of Midas (Midas)

Markets

Bitcoin steadies, altcoins jump in liquidity-driven relief rally

Bitcoin and ether tick higher while altcoins surge on oversold bounce, but weak liquidity and macro tensions keep the broader trend fragile.

CoinDesk

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Markets

Ethereum Foundation stakes additional $42 million of ether

About 20,470 ETH, or roughly $42 million, flowed from Ethereum Foundation-linked wallets into the Beacon Chain in a series of coordinated deposits Monday, marking one of the largest visible batches in its ongoing staking rollout.

Vitalik Buterin speaking at ETHDenver in February 2022

Markets

Polymarket trader exploits UFC blunder, turns $676 into $67,000 in under a minute

The episode underscores how quickly prediction market prices can whipsaw on live-event errors.

A trader checks his phone while sitting in front of a screen with charts. (Pixabay)