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


Finance

Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton

Bitcoin Ordinal collections are beginning to dominate the NFT market, the report said.

Franklin Templeton CEO Jenny Johnson speaks at Consensus 2023. (Shutterstock/CoinDesk)

Finance

Coinbase to Benefit From Long-Term Adoption of Blockchain Technology: Oppenheimer

The broker raised its price target for the crypto exchange to $276 from $200.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

Markets

Robinhood Initiated as Market Perform at KBW as Retail Trading Returns

Retail engagement materially accelerated in the first quarter, the report said.

Robinhood app on a smartphone (Shutterstock)

Markets

Coinbase Offers Unique Exposure to the Long-Term Growth of Crypto: KBW

The broker raised its price target to $230 from $160 and maintained its market perform rating.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

Finance

Ethereum Could Face 'Hidden Risks' From Ballooning Restaking Market: Coinbase

Restaking has grown into the second-largest DeFi sector on the Ethereum blockchain and is likely to become a core part of the network’s infrastructure, the report said.

Staking (Shutterstock)

Finance

Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital

U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said.

Sam Bankman-Fried (MIT Bitcoin Club, Mercatus Center, Cointelegraph/Wikimedia Commons, modified by CoinDesk)

Markets

Crypto Market Setup Looks Positive for Second Quarter: Coinbase

The bitcoin halving, expected in mid-April, remains the main supply-side event, the report said.

Crystal ball with points of light being held in two hands.

Markets

MicroStrategy Slumps 14% After Short Seller Says Stock Trades at an Unjustifiable Premium to Bitcoin

The bitcoin price implied by MicroStrategy’s share price is $177K, two and a half times the spot price of the cryptocurrency, the report said.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Tech

Ethereum's Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says

Future roadmap upgrades for the network will become more difficult with a large validator set, the report said.

Ethereum's rising validator count is causing technical capacity and centralization concerns, Fidelity Digital Assets says (Koushik Pal/Unsplash, modified by CoinDesk)

Markets

Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord

If history repeats itself, an even more bullish period for bitcoin and crypto markets could be on the horizon in the months following the halving, the report said.

windsock with hang glider in the distance