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

Bernstein Is 'Now More Convinced' That Bitcoin Will Hit $150K After Massive Rally

Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.

Bulls against a background of snow.

Markets

Crypto Market Could Face Some Short-Term Headwinds, Coinbase Says

Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.

CEO Brian Armstrong posted 10 crypto startup ideas to Twitter he wishes someone would build. Why not Coinbase? (Coinbase, modified by CoinDesk)

Policy

UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market

Products would be available to professional investors while retail consumers remain banned, the regulator said.

(FCA)

Markets

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance

The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.

Coinbase sticker on a Macintosh laptop

Markets

Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan

The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.

(Shutterstock)

Tech

Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets

The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said.

Ethereum co-founder Vitalik Buterin (center) at the Kyive Tech Summit (Kyiv Tech Summit)

Finance

Deutsche Boerse Starts Crypto Trading Platform for Institutional Clients

Deutsche Boerse will operate the trading venue, and Crypto Finance will provide settlement and custody services.

Deutsche Borse. (Wikipedia)

Finance

Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets

As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Markets

Bernstein Expects DeFi to Make a Big Comeback

Six out of the top 10 revenue-generating protocols are DeFi applications, the report said.

Decentralized finance activity is starting to pick up. (Alina Grubnyak/Unsplash)

Finance

Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.

A bear looking at the trees. (Olen Gandy, Unsplash)