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


Finance

Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry

Fortitude Mining will produce bitcoin and other proof-of-work tokens.

Racks of crypto mining machines.

Finance

Former Binance Labs Makes First Investment Following Zhao's Return: Report

YZI Labs, the rebranded Binance Labs, led a $16 million funding round into token airdrop startup Sign.

Changpeng Zhao

Markets

DOGE Drops Below Uptrend Line, Signaling Possible End to Five-Month Rally

DOGE's price has lost key support levels this week, weakening the bullish case.

DOGE loses key price levels. (Virginia Marinova/Unsplash)

Finance

Coinbase Receives Approval to Expand Services Into Argentina

Roughly 5 million Argentinians use crypto daily, according to Coinbase.

Flag of Argentina (Angelica Reyes/Unsplash)

Finance

Ondo Finance's $185M Tokenized U.S. Treasury Offering Joins the XRP Ledger

The expansion allows institutional investors to mint and redeem OUSG tokens around the clock using Ripple's RLUSD stablecoin.

Ripple (Jesse Hamilton/CoinDesk)

Markets

Short-Term BTC Holders Quit, CME Open Interest Slid by Record During Monday's Price Drop

As observed by many metrics, Monday's capitulation in bitcoin looks like a textbook local bottom.

Chart of one-day change in CME bitcoin open interest. (Glassnode)

Finance

Bitcoin Miner Hive Digital to Buy Paraguay Site From Bitfarms for $85M

The acquisition of the site in Yguazú, Paraguay will increase the company's hashrate to 25 EH/s from 6 Eh/s by September.

A photo of four mining rigs

Tech

Elon Musk Said to Propose Blockchain Use at D.O.G.E. for Efficiency: Bloomberg

Representatives of the Department of Government Efficiency have spoken with leaders of several public blockchains, people familiar with the matter told Bloomberg.

Tesla, SpaceX and X CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the U.S. Capitol on January 20, 2025 in Washington, DC. (Chip Somodevilla/Getty Images)