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

Crypto Market Is Skeptical About the Formation of a U.S. Strategic Reserve: JPMorgan

A number of U.S. states have rejected the idea of using bitcoin as a reserve asset due to its volatility, the report said.

JPMorgan (Shutterstock)

Markets

U.S. Stocks Give Up Post-Trump Election Advance While Bitcoin Clings to Gain

Since President Trump won the U.S. election in November, the S&P 500 has dropped 2%, while bitcoin has gained 20%.

Asset Performance since U.S. Election (TradingView)

Markets

Bitdeer Buys the Bitcoin Dip With BTC Price Set for Worst Month in 3 Years

Bitdeer currently holds 855 BTC, valued at approximately $69 million.

Mining machines (GreenBelka/Shutterstock)

Markets

Borrowed Cash Fuels Bitcoin Purchases on Bitfinex as BTC Price Tumbles

Since the start of the year, bitcoin holdings bought on margin on Bitfinex have increased by over 13,000 BTC.

BTCUSD Longs vs BTCUSD (TradingView)

Markets

Bitcoin Set for Worst Month Since June 2022, Worst Week Since November That Year

This year's average purchase price is around $97,880, leaving investors facing an almost 20% unrealized loss at current prices.

Bitcoin: Exchange Average Withdrawal Price By Year (Glassnode)

Markets

Olas' Mech Marketplace Enables AI Agents to Hire Each Other for Help

Crypto and AI firm Olas is making it easier for AI agents to collaborate.

Robots, AI. Credit: Jehyun Sung, Unsplash

Finance

Bittensor App Gets Hack Risk Cover From Nexus Mutual-Backed Insurance Firm Native

Team Rizzo, which operates Bittensor subnets and validator services, has snagged $25 million in on-chain cover from Native, a digital asset insurance specialist.

Native leaders: In order from left to right, these are James Asaad (Chairman), Dan Ross (CTO) and Ben David (CEO). (Native)

Markets

Bitcoin's Price Sell-Off Puts Focus on November's 'Runaway Gap' Below $80K in CME Futures

"Historically, CME gaps are filled eventually," one analyst said.

BTC CME Futures' gap from November. (TradingView/CoinDesk)