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

LIBRA Apparent Rug Pull Is Latest 'Sordid Episode' Emerging From Solana's Memecoin Complex: Galaxy

The SOL price has slumped against both the dollar and ether.

A trader holds his head as he watches a falling chart on a screen.

Markets

U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein

These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.

Bitcoin mining machines (Michal Bednarek/Shutterstock)

Markets

U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein

The Federal Reserve could issue debt or sell some of its gold reserves to fund purchases of BTC, the report said.

Every state should have a strategic bitcoin reserve.

Markets

Coinbase Benefits From Strong Near-Term Momentum, 2025 Is Off to a Good Start: JMP

The broker raised its Coinbase price target to $475 from $400 while maintaining its market outperform rating on the stock.

Coinbase. (Shutterstock)

Markets

Tether May Have to Sell Some Bitcoin to Comply With U.S. Stablecoin Rules: JPMorgan

Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.

JPMorgan (Shutterstock)

Markets

Booming Crypto Trading Powers Robinhood Earnings Beat, Analysts Raise Targets

Robinhoood shares jumped 13% in early trading Thursday after fourth-quarter earnings beat estimates.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)

Markets

Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says

Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.

JPMorgan (Shutterstock)

Markets

Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi

Ether has dropped over 20% this year, but fundamentals are improving, the report said.

Citi bank and HSBC skyscrapers at night (Miquel Parera/Unsplash)

Markets

KBW Starts Strategy Coverage With Outperform, Says Firm Offers Leveraged Bitcoin Exposure

The stock could be eligible for S&P 500 index inclusion once it adopts updated FASB accounting standards, the report said.

MicroStrategy CEO Michael Saylor.

Markets

Ethereum Faces 'Intense' Competition From Other Networks: JPMorgan

The blockchain's native token ether has underperformed bitcoin and other altcoins in recent months, the report noted.

(Shutterstock)