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

Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein

Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Finance

AI Investment Could Reach $200B Globally by 2025: Goldman Sachs

Generative AI has huge economic potential and could boost global labor productivity, the report said.

robot hand holding dollar bills

Markets

Ripple Ruling Rebuke Complicates Coinbase’s Defense Against the SEC: Berenberg

U.S. District Judge Rakoff rejected a previous judge’s distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted.

(Robert Nickelsberg/Getty Images)

Finance

Nomura’s Crypto Arm Gains Operating License Approval in Dubai

Laser Digital will start its trading and asset management business in the coming months.

Laser Digital CEO Jez Mohideen

Policy

Implications of Ripple-SEC Court Ruling for Wider Crypto Industry Are Unclear: Bank of America

Ripple’s XRP offerings are unique, and the wider applications of the court’s ruling are difficult to determine, the report said.

(Ripple Labs)

Finance

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

The crypto trading platform plans to hire up to 60 new members of staff in the region.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Policy

Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg

The crypto exchange is still faced with significant regulatory challenges, the report said.

Coinbase Chief Legal Officer Paul Grewal (Shutterstock/CoinDesk)

Finance

Next Bitcoin Halving Event Could Be a Stress Test for Miners: JPMorgan

The next halving will see a reduction in miners’ revenues and an increase in bitcoin production costs at the same time, the report said.

(Sandali Handagama)

Finance

Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham

The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.

(Unsplash)

Markets

Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg

The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.

Coinbase sticker on a Macintosh laptop