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

Bitcoin Bulls Getting Ready for Seasonal Surge: Matrixport

The largest cryptocurrency by market cap tends to rally in the month of July, the report said.

bull and charts (Shutterstock)

Finance

U.S. Has Room for a Compliant Crypto ETF to Grow Market Share as a Bitcoin On-Ramp: Bernstein

Grayscale earns around $380 million in annualized fees despite its GBTC product being inefficient, illiquid and trading at a discount, the report said.

SEC, ICO Fraud

Finance

BCB Group's Deputy CEO Departs After Failed German Bank Acquisition

The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.

Noah Sharp (BCB Group)

Finance

Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan

Electricity costs played a vital role in the past year’s bear market as miners struggled to stay in business, the report said.

Photo of five wind farm windmills in a field.

Policy

Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said

Photo of the SEC logo on a building wall

Finance

Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein

About 2% of global money supply, via stablecoins and CBDCs, could be tokenized over the next five years, which is about $3 trillion, the report said.

Billetes. (Pixabay)

Finance

Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America

The bank said it expects blockchain infrastructure and tokenization to transform financial and non-financing infrastructure and markets over the next five to 10 years.

(Shutterstock)

Policy

Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan

The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said.

William Hinman

Markets

Bitcoin Halving History Provides Little Guidance on Outcome: Coinbase

The block reward halving event is often viewed positively as it enhances the cryptocurrency’s prospective scarcity, the report said.

Image: Shutterstock

Finance

Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says

The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said.

Decentralized network diagram (Shutterstock)