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 Spot ETFs to Attract $15B of Net Inflows in First 18 Months: Bitwise

Investors are likely to allocate funds to ETFs in proportion to the relative market caps of bitcoin and ether, the report said.

Ether spot ETFs likely to attract $15 billion of net inflows in first 18 months: Bitwise. (CoinDesk)

Markets

Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein

Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said.

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

Finance

Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out

The payments firm now operates in over 100 countries and territories globally.

Strike CEO Jack Mallers speaking at the Bitcoin 2023 conference in Miami Beach, Florida (Frederick Munawa)

Markets

Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan

Iris Energy is best positioned to take advantage of the high-performance computing/AI opportunity, the report said.

(Shutterstock)

Markets

Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years: Nomura Survey

54% of respondents said they planned to invest in cryptocurrencies in the next three years and 25% of firms said they had a positive impression of digital assets, the study said.

Majority of Japanese institutional investors plan to invest in crypto in next three years: Nomura survey. (charnsitr/Shutterstock)

Markets

DeFi Technologies Stock Sell-Off Is 'Attractive Buying Opportunity,' Benchmark Says

The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.

Defi Technologies sell-off is overdone, reiterate Buy: Benchmark (sergeitokmakov/Pixabay)

Markets

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

Bernstein forecasts new crypto cycle ( Hans Eiskonen/Unsplash)

Markets

MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says

Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.

MicroStrategy attempted to make its case as the superior alternative in a fourth quarter earnings presentation to shareholders. (Source: MicroStrategy)

Markets

U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan

Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy

The broker assigned the software company an outperform rating and a $2,890 price target.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)