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 Miners Are Expected to be Profitable in December, Jefferies Says

November was a strong month for the miners as the rally in bitcoin outpaced the rise in the network hashrate, the report said.

Racks of crypto mining machines.

Markets

Trump Administration Has Already Unlocked 'New Era' for U.S. Crypto: JPMorgan

The worst regulatory environment for crypto markets is behind us, the report said.

JPMorgan (Shutterstock)

Markets

NFTs Are Making a Comeback as Trading Volumes Surge: Galaxy Research

Leading marketplaces such as OpenSea, Blur and Magic Eden have seen increased activity since November, the report said.

Image of several Pudgy Penguin NFTs (Pudgy Penguins)

Markets

MicroStrategy's Addition to Nasdaq-100 May Pave Way for S&P 500 Inclusion: Benchmark

The software company's potential addition to the S&P 500 index could be an even larger opportunity in the medium-term, the report said.

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Markets

Bitcoin Mining Economics Continued to Improve in December, JPMorgan Says

The hashprice, a measure of daily mining profitability, rose 5% from the end of November, the report said.

(Sandali Handagama/CoinDesk)

Markets

Miners Are Adopting the Same Bitcoin Acquisition Strategy as MicroStrategy: JPMorgan

The strategic shift to a bitcoin accumulation model is due to pressure on profitability following the reward halving, the report said.

(Shutterstock)

Markets

Bitcoin Miners Cipher, CleanSpark and MARA Upgraded at JPMorgan

The bank updated estimates for a number of mining stocks in its coverage following third quarter results and recent gains in bitcoin and the hashrate.

Bitcoin miners (Shutterstock)

Policy

EU Countries Struggle to Implement MiCA as Deadline for Crypto Regulatory Revamp Looms

EU member states that have yet to adapt local law to implement MiCA by year's end include Belgium, Italy, Poland, Portugal, Luxembourg and Romania, according to a document shared with CoinDesk.

European Union Flags (Antoine Schibler/Unsplash)

Markets

November Was a 'Monumental' Month for the Crypto Market, JPMorgan Says

Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.

(Credit:

Markets

Crypto Markets Have Benefited From a Positive Environment Since U.S. Election: Citi

The nomination of crypto-friendly Paul Atkins as chair of the SEC provided the final boost that propelled bitcoin through the $100,000 level, the report said.

Citibank logo