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

BNB Drops Below $950 as Market Sell-Off Deepens, Privacy Coins Surge

BNB faces technical resistance at $1,000 and $980, with analysts watching to see if it can hold above $940, as privacy coins like DASH and Zcash outperform.

BNB Crashes 7.4% Below $980 Support Amid Institutional Selloff in Crypto Market Rumble

Markets

SUI Slides as $116M DeFi Exploit Rattles Crypto Markets

The layer-1 token broke key support levels and saw 68% above-average volume as traders dumped risk.

(CoinDesk Analytics)

Markets

Crypto Markets Today: Bitcoin Nears June Low as $1.4B in Liquidations Rock Altcoins

A surging U.S. dollar and expectations of slower Fed rate cuts fueled a broad crypto sell-off, sending bitcoin and ether to multi-month lows.

Cargo ship sinking  (Jason Mavrommatis/Unsplash)

Finance

UBS, Chainlink Execute First Onchain Tokenized Fund Redemption in $100T Market

The transaction involved the tokenized UBS USD Money Market Investment Fund Token (uMINT) on Ethereum, with DigiFT as the onchain distributor.

UBS logo above road (Claudio Schwarz/Unsplash/Modified by CoinDesk)

Markets

Bitcoin Nears Lowest Since June as U.S. Government Shutdown Hits Joint Longest

The bitcoin price is approaching $103,000 as the federal shutdown ties the 2018–2019 record while dollar the strengthens and tech market futures decline.

FastNews (CoinDesk)

Markets

BONK Tumbles as Meme Token Breaks Support, Tests Key Lows

BONK slid to $0.00001232, breaking through critical support as sales pressure swept through Solana-linked meme tokens.

BONK-USD, Nov. 3 202

Markets

Polkadot Slumps as Bears Break Key Support at $2.87

Heavy institutional selling pressure triggered a technical breakdown in DOT.

"Polkadot Drops 4.8% Amid Heavy Institutional Selling and Key Support Breakdown at $2.87"

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Markets

Toncoin Falls as Nasdaq Flags Rule Violation in $273M Purchase by Major Holder

Nasdaq reprimanded TON Strategy, a major holder of TON, for failing to obtain shareholder approval before issuing stock to finance a $272.7 million purchase.

"TON Price Drops 4.4% to $2.18 Amid Strong Selling and Key Support Breakdown with Late Recovery"

Markets

BNB Slides 6% as Price Breaks Below Key $1,080 Support Level

The breakdown occurred during a broader crypto market downturn, with BNB's move possibly reflecting spillover effects from the decline.

BNBUSD price chart (CoinDesk Data)