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

Metaplanet Buys 780 More Bitcoin, Increases Stash to 17,132 BTC

Japanese company Metaplanet has the largest BTC stash among public companies outside the U.S.

Japan (Su San Lee/Unsplash)

Markets

BONK Drops 9% From Peak as Exchange Transfers Overwhelm Burn News

BONK fell sharply after reaching a new high, as large exchange transfers offset bullish burn signals

BONK-USD, July 25 2025 (CoinDesk)

Markets

Crypto Whale Spends $4.3M on CryptoPunks as NFT Market Cap Climbs 66% in 30 Days

The overall capitalization of non-fungible tokens has jumped 66% to $6 billion in the past 30 days with CryptoPunks' market share growing past 30%.

Sotheby's was planning to auction 104 CryptoPunks in one fell swoop. (Eli Tan/CoinDesk)

Markets

Michael Saylor Builds Out Own Yield Curve With Upsized Preferred Stock Sale

Strategy's latest preferred stock issuance surpassed expectations, offering 9.5%–10.0% yield with built-in price stability mechanisms.

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

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Markets

Bitcoin to Hit $135K by Year-End in Base-Case Forecast, $199K in Bullish Scenario: Citi

In the bank's most optimistic scenario, bitcoin could reach $199,000 by the end of the year, while a more bearish setup, pulls the forecast down to $64,000.

Major banks' logos light up the night atop skyscrapers. (Miquel Parera/Unsplash)

Markets

XRP Drops 14% After $175M Moved to Exchange by Ripple Co-Founder's Wallet

The transactions occurred shortly after XRP touched $3.60, its highest level since 2021, before pulling back to around nearly $3.

Ripple Executive Chairman Chris Larsen (Ripple)

Finance

Ether Treasury Company GameSquare Buys CryptoPunk NFT for $5.15M

The Frisco, Texas-based firm also added to its ether treasury, buying 2,742.75 ETH, worth just over $10 million

A post showing more than 100 CryptoPunk NFTs  (Sotheby's)

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Markets

SUI Rebounds After Overnight Sell-Off Amid ETF Momentum

The token rebounded to $3.78 following a heavy overnight dip, as two spot ETF filings hint at rising institutional interest.

CoinDesk

Markets

Stablecoin Supply to Grow as Much as $75B Following Passage of GENIUS Act, BofA Says

The bank expects further adoption of tokenized assets and money market mutual funds once the crypto market structure bill, the CLARITY Act, becomes law.

Bank of America billboard in Times Square. (Spencer Platt/Getty Images)