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

Private Equity Giants Are Circling Bitcoin Miners on AI Allure

Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.

Lending money handing over paying cash (Shutterstock)

Markets

Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy

The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increased competition and FOMO among investors, the report said.

Funding (Gerd Altmann/Pixabay)

Finance

Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners

The digital asset industry added more than $750 billion in value in the first half of the year, the report said.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Tech

Crypto Exchange Kraken Is Considering Going Nuclear

Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk.

Schematic of a small modular nuclear reactor (Department of Energy via Wikipedia, modified by CoinDesk using PhotoMosh)

Markets

Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini

Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Markets

Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord

Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.

Scrabble letters spelling ETF arranged a rack

Finance

Abra Launches Treasury Service for Corporates That Want to Hold Crypto

The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.

Abra CEO Bill Barhydt. (CoinDesk archives)

Finance

Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst

The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Markets

Crypto Markets to See Selling Pressure in July From Mt. Gox Creditors: JPMorgan

If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said.

(Shutterstock)

Markets

Ether Spot ETFs Could See $5B of Net Inflows in the First Five Months: Galaxy

Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)