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


Policy

Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai

The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.

Dubai (Wael Hneini/Unsplash)

Finance

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

(Sandali Handagama)

Finance

Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley

The banking giant said in a report that around 15% of companies quantified a revenue or cost-benefit from applying machine learning in the first half of the year.

(Gerd Altmann/Pixabay)

Markets

The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said.

Coinbase's reiterates bullish macro forecast (Andrew Stickelman/Unsplash)

Markets

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein

New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said.

Institutional traders are more bullish on bitcoin than alternative cryptocurrencies. (Hans Eiskonen/Unsplash)

Finance

PayPal’s Stablecoin Not Likely to Be Used Widely Anytime Soon: Bank of America

Longer term, the bank sees much more competition for the token.

Sede de PayPal. (Shutterstock)

Finance

SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport

A report from the firm cited how big Grayscale Bitcoin Trust was at its peak.

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash)

Markets

Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein

That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.

Ratings company S&P Global has started ranking stablecoins' ability to hold their pegs. (eswaran arulkumar/Unsplash)

Markets

AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley

The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said.

(Gerd Altmann/Pixabay)

Markets

Coinbase Bears Doubt Stock Can Rise Even After Exchange Beats Estimates

It’s hard to see a favorable valuation argument for the stock given the company’s revenue is tethered to an asset class that has yet to show a sustainable everyday utility value, Goldman Sachs said.

Coinbase CEO Brian Armstrong (CoinDesk)