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

Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan

Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.

JP Morgan office (Matthew Foulds/Unsplash)

Finance

Ripple Buys Crypto Custody Firm Metaco for $250M

Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.

Metaco's leadership team (Metaco)

Finance

The New Crypto Cycle Will Be About Ether Yields: Bernstein

Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Finance

Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg

Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.

Coinbase CEO Brian Armstrong (CoinDesk archives)

Markets

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.

(Federal Reserve Bank of New York, modified by CoinDesk)

Markets

Bitcoin Could Rally 20% to Around $36K: Matrixport

The Fed’s latest interest rate hike may be the last for this cycle, which could set the market up for another strong rally, the report said.

(Getty Images)

Finance

Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi

The bank slashed its price target for the crypto exchange to $65 from $80.

It’s not Coinbase itself that worries, Halborn COO David Schwed. It's the comparative lack of experience and regulation between TradFi and crypto-natives. (Photo by Steven Ferdman/Getty Images)

Markets

Bitcoin Is Poised to Reclaim Crypto’s Spotlight: Berenberg

More investors are recognizing the digital asset as a sensible alternative not only among crypto tokens, but also within a global financial context, the firm said.

(Shutterstock)

Markets

MicroStrategy in Unique Position to Benefit From Rising Bitcoin Price: Berenberg

The bank initiated coverage of the stock with a buy rating and a $430 price target.

Las opciones de compra de ether parecen más baratas en comparación con bitcoin. (sergeitokmakov/Pixabay)

Markets

Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited: Matrixport

Not all the stolen bitcoin was recovered, so only a fraction of the original amount held by creditors will be compensated, the report said.

Computer Hacking Hackers (Shutterstock)