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

Rare physical bitcoin worth $1.78 million gets cashed in after 12 years

The S1-COIN-25 physical bitcoin, part of Mike Caldwell's 2011-2013 mint, had its tamper-evident hologram peeled and the 25 BTC swept on-chain on Wednesday.

Original Casascius coins (casascius.com)

Markets

Bitcoin's dearth of fresh investors matters more than Strategy's sale, Citi says

Strategy's bitcoin sale may have rattled markets, but the bigger issue is missing demand from new buyers, Citi said.

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

Markets

Bitcoin hits Power Law level low that historically precedes a rebound

The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse.

Power Law (Checkonchain)

Finance

Payment giants Stripe, Visa, Mastercard said to be among backers of soon-to-debut stablecoin platform

U.S. crypto exchange Coinbase is also said to be looking into the possibility of participating in the new stablecoin platform.

A cellphone held near a card reader (NFC)

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Markets

Bitcoin steadies at $67,000, faces critical juncture after sliding 9.5% in seven days

The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase's Ethena deal steals the spotlight.

CoinDesk

Policy

UK's financial watchdog cracks down on Premier League crypto partnerships

The FCA said unauthorized firms could be breaching rules on financial promotions through high-profile sponsorships deals.

Manchester City soccer team pose for a group photograph.

Finance

DeFi won't win over big banks until it fixes its hacking problem, executives say

Lenders are particularly interested in blockchain's back-office applications, but security failures are blocking wider adoption.

The panel at Proof of Talk in Paris.

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Tech

Here's how one decentralized cloud provider says private citizens can make money from AI

Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% on AI costs.

River Davis (Olivier Acuna/CoinDesk)

Tech

Movement pivots to stablecoin payments as the layer-2 boom loses momentum

The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.

Moving headlights and taillights form parallel colored trails on a dual carriageway.