Will Canny

Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a finance reporter at CoinDesk. He owns more than $1,000 of SOL.

Will Canny

Latest from Will Canny


Markets

Robinhood's Stock Tumbles After Earnings Miss, While JMP Analyst Remains Bullish

The company missed consensus revenue expectations, Wall Street analysts said.

Robinhood app on a smartphone (Shutterstock)

Finance

Archax to Buy Spanish Broker King & Shaxson Capital Markets to Expand in Europe

Completion of the acquisition is subject to regulatory approval in Spain.

(engin akyurt/Unsplash)

Markets

Coinbase's Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts

The market will now be watching the U.S. presidential election as an important short-term catalyst for Coinbase and the wider industry.

Coinbase (PiggyBank/Unsplash)

Finance

Crypto-Backed Cloud-Storage Platform Storj Promotes Colby Winegar to CEO

Winegar previously served as the company's chief revenue officer.

(Growtika/Unsplash)

Markets

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Markets

BTC Miner Core Scientific Uniquely Positioned to Capture AI Demand, Initiate at Buy: Jefferies

The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.

(Shutterstock)

Markets

MicroStrategy’s Current Premium Relative to Its Bitcoin Stack Is Unlikely to Last: Steno Research

The launch of options on spot bitcoin exchange-traded funds in the U.S. will reduce the incentives for investors to hold MicroStrategy stock over these ETFs, the report said.

Michael Saylor at Bitcoin 2024 in Nashville, Tennessee

Markets

Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan

Tokens such as BUIDL are at a regulatory disadvantage to stablecoins due to their classification as securities, the report said.

(Shutterstock)

Finance

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus

Co-founder Alex Casimo and CFO Jae Park were fired in July, which triggered a number of departures from the market making firm.

Jobs

Markets

Stripe's Acquisition of Bridge Validates the Usage of Stablecoins: Bernstein

Stablecoins have emerged as the main use case for blockchains, especially for cross-border payments, the report said.

The supply of stablecoins USDT and USDC  grew by $10 billion in a month, 10x research noted. (Shubham Dhage/Unsplash)