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

Prediction markets are ditching the 'casino' label to become a regular part of how people track the news

A new report from Bitget and Polymarket reveals that prediction markets are evolving into a $240 billion industry driven by retail users who are trading more frequently on everything from crypto to politics.

Poker chips and two dice (Heather Gill/Unsplash)

Finance

Tether posts $1.04 billion Q1 profit, reaches $8.23 billion reserve buffer

The stablecoin issuer said the crypto market was highly volatile during the first quarter.

Tether CEO Paolo Ardoino (Modified by CoinDesk)

Tech

AI agent forms its own company, gets ready to trade crypto

Although Manfred will not start trading crypto until the end of May, it already has a crypto wallet and credentials to hire staff, make payments and do business.

The letters "AI" surrounded by thin fibers. (Steve A Johnson/Unsplash)

Markets

Institutional demand to drive bitcoin market cap to $16 trillion by 2030: Ark Invest

The figure implies a sharp increase in the bitcoin price.

Ark Invest CEO Cathie Wood

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Markets

Bitcoin ticks higher, but remains range-bound as traders keep short bias

BTC rises to $77,000 after holding $75,000 support, but negative funding, unchanged open interest and cautious positioning signal a lack of conviction.

CoinDesk

Markets

Bitcoin edges above $77,000, but institutional activity suggests downside hedging

BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning.

Bitcoin price, May 1 2026 (CoinDesk)

Policy

Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge

South Korea's financial watchdog imposed a $24.6 million fine on Bithumb and partial suspension that came into effect last month.

Bithumb

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Policy

Gemini eyes prediction market challenge to Kalshi, Polymarket, secures derivatives license; shares surge

Tyler and Cameron Winklevoss' crypto exchange now holds licenses allowing it to expand into regulated derivatives and prediction markets, the fastest-growing sectors in crypto.

Cameron and Tyler Winklevoss at the White House on July 18, 2025. (Jesse Hamilton/CoinDesk)

Finance

Coinbase's asset manager to offer stablecoin credit fund with tokenized share class

The fund, dubbed CUSHY, targets yield from onchain lending and private credit, offering tokenized access through Superstate for institutional investors.

Coinbase (appshunter.io/Unsplash)