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

Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera

Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.

(Shutterstock)

Finance

Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein

Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.

(Sam Kessler/CoinDesk)

Finance

BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform

The move will allow the crypto payments firm to consolidate its custody technology.

(Autumn_ schroe/Unsplash)

Markets

MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark

The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.

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

Finance

MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says

The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase

Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.

Graph on a blackboard showing the relationship between supply and demand.

Markets

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

The broker cut its price target to $14 from $17.50 while maintaining its buy rating.

A Hut 8 mining facility (hut8.io)

Finance

Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says

Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said.

(Shutterstock)

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)