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

EDX Markets raises $76 million in funding round led by SBI Holdings

EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.

Stacks of 100 dollar bills (Dmytro Glazunov/Unsplash/Modified by CoinDesk)

Finance

Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg

Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition to an advisory role.

Tether CEO Paolo Ardoino (Nikhilesh De/CoinDesk)

Markets

Bitcoin stalls as open interest decline raises questions about rally's staying power

BTC retreated from a two-week high of $64,500 as falling open interest and weak spot demand cast doubt on the sustainability of July's 8.4% advance.

Bitcoin price (CoinDesk Data)

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Markets

Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play

The product, called BTC Yield, is designed exclusively for people who already hold bitcoin.

Binance

Markets

Bitcoin's recent macro relief faces a challenge from Japanese interest rates

Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets.

Trading prices displayed on a monitor screen.( AhmadArdity /Pixabay)

Finance

Russia's largest bank plans crypto wallet launch as Moscow clears market path

Services will integrate into "Sberbank Online" and "SberInvestments" once the "On Digital Currency and Digital Rights" bill takes effect in September.

Sberbank signs on a branch building.

Markets

Crypto bounces back from the brink as altcoin optimism returns despite pockets of weakness

BTC holds at $62,800 after last week's brush with $58,000, while LIT surges 50% and the Altcoin Season indicator hits its highest reading in three months.

CoinDesk

Markets

Bitcoin's Sharpe Ratio slides to lowest since 2022. Here's what it means.

A reading that negative means investors would have been better off in risk-free assets like 10-year U.S. Treasuries.

A woman studies a spreadsheet on her laptop