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

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)

Finance

Multisig Failures Dominate as $3.1B Is Lost in Web3 Hacks in the First Half

A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.

Under a low-light red lamp, a pair of hands types on a keyboard. (Wesley Tingey/Unsplash+)

Markets

BTC, XRP, SOL, ETH Witness 'Long Squeeze' as Futures Open Interest Slides With Prices

Thursday's drop in major tokens is likely led by the unwinding of leveraged bullish positions rather than new bearish plays.

A wallet containting banknotes being squeezed by a vice. (stevepb/Pixabay)

Markets

Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

Beijing once warned of stablecoin risks. Now it’s turning to them to help stem the growth of U.S. dollar-pegged tokens in Asia.

Evan Auyang, president of Animoca Brands, speaks in an interview at the company's new Web3 workspace in Hong Kong (Chris Lam/CoinDesk)