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

Bitcoin clings to $62,500 as bears tighten grip on crypto market

Bitcoin held above $62,500 and ether near $1,665, but sluggish price action and widening put skews signal bears remain firmly in control.

Bitcoin price (CoinDesk Data)

Finance

Cboe revives S&P 500 binary options, chasing a market popularized by Polymarket, Kalshi

One of the largest U.S. derivatives exchanges is bringing back yes/no bets on the S&P 500 after pulling them a decade ago, moving onto turf that Polymarket and Kalshi turned into one of the internet's fastest-growing corners.

Poker chips and two dice (Heather Gill/Unsplash)

Markets

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.

Niki Ariyasinghe, Chainlink’s vice president of Asia-Pacific and the Middle East. (Chainlink/Media)

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Markets

Crypto market drops as Nasdaq tech selloff spills into digital assets

Bitcoin lost 2.5% to $62,300 and ether fell more than 4% while $717 million in liquidations amplified losses across altcoins.

CoinDesk

Policy

Ripple targets EU, wins preliminary MiCA approval from Luxembourg financial regulator

The license will enable Ripple to offer its stablecoin payment systems to European companies and expand into broader crypto functions.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

Markets

Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger

The former bitcoin miner denied any wrongdoing related to its 2023 merger with U.S. Bitcoin Corp.

A fountain pen and spectacles rest on top of blank form for a lawsuit filing.

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Markets

Bitcoin price has limited downside, likely near bottom, contrarian indicator suggests

The bitcoin price's long-term moving averages are set to flash a bearish signal soon. That's good news for the bulls.

Side-by-side charts showing the current moving averages and the historical intersections.

Finance

TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY

Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds.

BNY office (BNY)