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

World Liberty Financial to Airdrop 8.4M WLFI Tokens to Early USD1 Users

The Trump-backed stablecoin project is rewarding early adopters through its USD1 points program, distributing tokens across six exchanges as it expands into DeFi and real-world asset integrations.

World Liberty Financial leadership team (Jesse Hamilton/CoinDesk)

Markets

BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150

Traders face a mixed outlook, with BNB's deflationary mechanics potentially leading to a boost if demand grows, but technicals show the price stuck in a narrow range.

"BNB Inches Up to $1,141 Amid $1.65B Quarterly Token Burn and Choppy Range-Bound Trading"

Finance

Shipping Firm OceanPal Adds AI Arm With $120M PIPE Deal, Eyes 10% of NEAR Supply

The move is backed by investors including Kraken and Fabric Ventures, and OceanPal's shipping business will continue to operate separately.

Shipping vessel at sea (Getty Images/Unsplash+/Modified by CoinDesk)

Markets

Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

The Wall Street broker said Hut 8’s shift to energy infrastructure from bitcoin mining makes it a unique bet on AI, HPC and future power-hungry technologies.

Hut 8 plant

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Markets

Crypto Markets Today: BTC Holds at $114.5K, HBAR Soars on ETF News

Crypto markets paused after Monday’s surge, with bitcoin steady near $114,500 and ether slipping slightly. Hedera’s HBAR led altcoin gains.

(Asa E K/Unsplash)

Markets

Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright

The investment bank upgraded the stock to buy from neutral and set a new price target of $25.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Markets

Citi Says Crypto’s Correlation With Stocks Tightens as Volatility Returns

The bank noted that bitcoin and ether are once again moving in step with U.S. equities and gold.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash/Modified by CoinDesk)

Policy

Prediction Market Kalshi Sues New York Regulator Over Sports Contracts Ban

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state interference would fragment the system.

Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)

Finance

Crypto Staking Company KR1 Plans to List on the London Stock Exchange: FT

Isle of Man-based KR1 is currently listed on the small cap Aquis exchange and intends to move to the principal LSE market.

Entrance to the London Stock Exchange