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

Ether Breaking Out Ahead of Ethereum’s Shanghai Upgrade: Bernstein

The rally in the price of ether is similar to the move seen before the blockchain’s last upgrade, the Merge, the report said.

Shanghai (Unsplash)

Finance

Crypto Custodian Copper Partners With OKX to Provide Off-Exchange Settlements

Institutional clients will be able to trade on the OKX exchange while their digital assets remain safeguarded with Copper.

Crypto custody firm Copper receives TCSP license in Hong Kong as part of Asia Pacific expansion. (Danny Nelson/CoinDesk)

Markets

U.S. Banking System Turmoil Has Spurred Bitcoin Outperformance: Coinbase

The cryptocurrency has topped other digital assets in the last month, a report from the exchange noted.

(CoinDesk)

Finance

CFTC Could Force Binance to Cease U.S. Operations as Part of Settlement: Bernstein

The crypto exchange will look to safeguard its dominant international business, which is its cash cow, the report said.

CFTC Chair Rostin Behnam (Nikhilesh De/CoinDesk)

Markets

Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley

Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the bank said.

Brevan Howard Digital was among the backers for Puffer's $5.5 million round. (Pixabay)

Finance

Bitcoin Mining Industry Is Well Positioned to Participate in a New Cycle: Bernstein

The next main catalyst for the sector is the reward halving due early 2024, the report said.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Finance

California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America

The tokenization of vehicle titles could enable fractionalized vehicle ownership, the report said.

(Maxx Girr/Pixabay)

Finance

U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Finance

Coinbase Downgraded by Oppenheimer After Disclosing Possible SEC Charges

The Wall Street firm said it is worried about the fairness of crypto enforcement actions in the U.S.

Downgrade spiral staricase going down downwards (Unsplash)

Tech

Ethereum Usage Will Drop If the Blockchain Doesn’t Boost Speed: Bank of America

The network has had a first-mover advantage thus far as a platform developers could build apps on, a report from the bank said.

Ethereum’s long-term viability depends on its ability to follow its road map. (Shutterstock)