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 Traders Eye $6.8B Bitcoin and Ether Options Expiry

Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.

(AhmadArdity/Pixabay)

Finance

U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein

Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said.

SEC, ICO Fraud

Finance

APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M

APLD shares surged on Nasdaq after the firm announced its second AI cloud hosting deal.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

First Mover Americas: Bitcoin Might Take a Breather

The latest price moves in crypto markets in context for June 23, 2023.

The TBD announcement was made at the Bitcoin 2023 conference in Miami. (Frederick Munawa)

Markets

Crypto Market Optimism Bumps Into Risk-Off Hints in TradFi

Indicators tied to Wall Street's volatility index, VIX, and central bank liquidity indicate risk aversion ahead. Past experience suggests risk-off in traditional markets can roil sentiment in the crypto market.

(geralt/Pixabay)

Policy

Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF

The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs.

The IMF is looking at crossborder payments using CBDC (World Bank/Flickr)

Finance

Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan

Electricity costs played a vital role in the past year’s bear market as miners struggled to stay in business, the report said.

Photo of five wind farm windmills in a field.

Finance

Northstake Raises $3M to Boost Institutional Crypto Staking

The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.

Photo of Northstake CEO Jesper Johansen

Finance

Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust

Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.

Full Shows – Consensus: Distributed

Markets

First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%

The latest price moves in crypto markets in context for June 22, 2023.

Bitcoin weekly chart (TradingView)