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

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Signature Bank CEO Joseph DePaolo (Signature Bank)

Markets

Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines

The BTC to ETH market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said.

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Finance

7 Trends That Could Reignite Crypto Growth

Bernstein, an investment firm, lists its ideas, starting with the Ethereum blockchain's Merge.

Bernstein spells out what it believes could be catalysts for the next bull market in crypto. (Kameleon007/Getty Images)

Finance

Crypto Custody Firm Copper Appoints Tim Neill as Chief Risk Officer

Neill, who has 20 years of experience in operations and risk management, previously worked at Mastercard.

Newly appointed chief risk officer Tim Neill (Copper)

Markets

Citi: Ether Extends Rally Ahead of the Merge Despite Bitcoin Weakness

There are key differences between previous upgrades to the Ethereum blockchain and now because, for the first time, digital assets are facing tightening financial conditions, the bank said.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Markets

BofA: Crypto Buying Momentum Fades as Investors Weigh Bear Market Bounce, Recession Risk

The chance of a more hawkish Federal Reserve and the likelihood of interest rates staying higher for longer hasn't been fully priced into risky assets, the bank said.

Los inversores cripto están rotando hacia las criptomonedas estables en lugar de activos más volátiles. (Jan van der Wolf/Pexels)

Finance

Crypto Financial-Services Firm Galaxy Digital Hires Andrew Lace for Its London Trading Division

The firm has been hiring aggressively despite concerns of a crypto winter.

Mike Novogratz, Founder and CEO, Galaxy Digital (Suzanne Cordiero/Shutterstock/CoinDesk)

Markets

Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

The bank said it sees little evidence of leverage rebuilding in the decentralized finance (DeFi) ecosystem.

(Steve Buissinne/Pixabay)

Markets

Morgan Stanley Says Tightening in the Crypto Market Has Paused

While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.

Tightening in the crypto market appears to have paused. (Lucio Alfonsi/Pixabay)

Finance

Crypto Custodian Copper to Connect to Solana for DeFi Access

Solana co-founder Anatoly Yakovenko said the link will create new ways for institutional investors to access decentralized finance and digital assets.

(Shutterstock)