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


Finance

Hyundai becomes first major South Korean company to introduce internal stablecoin transfers

The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.

Hyundai. (Raphael Maksian/Unsplash)

Markets

Crypto defies equity weakness as altcoin optimism builds into the weekend

The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250.

Bitcoin price (CoinDesk Data)

Markets

Polymarket seeks approval to bring margin trading to U.S. customers

Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.

Hands rest on a keyboard attached to a tablet computer. (Kanchanara/Unsplash)

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Markets

Metaplanet explores bringing bitcoin-backed digital credit to Japan

The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.

Neon sign saying 'Open 24 hours'

Markets

Crypto remains resilient in face of renewed Middle East tensions

BTC rose 1.2% to $63,000 and Nasdaq futures jumped 2.6% with markets seemingly unconcerned by U.S. airstrikes on Iran. Bitcoin is now up 9% since the end of June.

CoinDesk

Finance

Singapore's Temasek investment fund says crypto is off the table, will focus on AI

The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%.

Temasake Holdings at Atrium Orchard Headquarters in Singapore (Terence Ong/Wikimedia Commons)

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Finance

Sony secures conditional approval to set up U.S. stablecoin trust bank

The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.

CoinDesk

Markets

Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore

Santiment reported that bitcoin supply is at its lowest since 2017 and ether since 2015, adding that it doesn’t guarantee prices will move higher but helps set up crypto’s next bull cycle.

Chart downward trend. (Maxim Hopman/Unsplash)