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

Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says

Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said.

(Shutterstock)

Markets

Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says

The two industries could add a collective $20 trillion to global GDP by 2030, the report said.

(Markus Winkler/Unsplash)

Markets

Crypto Mainstream Adoption Has Increased in Recent Months, Canaccord Says

The broker raised its Galaxy Digital price target to C$23 from C$17, while maintaining its buy rating.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Finance

Robinhood’s Acquisition of Bitstamp Expands Its Global Reach: Architect Partners

Crypto is becoming an increasingly important part of Robinhood’s business, accounting for 20% of total revenue in the first quarter, the report said.

Robinhood app on a smartphone (Shutterstock)

Finance

Customers Bank Said to Debank Some Digital Asset Hedge Funds

The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.

A Customers Bank poster at Consensus 2022.

Markets

Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein

The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.

Robinhood app on a smartphone (Shutterstock)

Policy

U.S. Crypto Regulations Are Moving Against a CBDC and Non-Compliant Stablecoins Like Tether: JPMorgan

Out of four recent crypto regulatory initiatives, the stablecoin bill has the highest chance of being passed before the U.S. presidential election, the report said.

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Markets

Bitcoin Miners With Attractive Power Contracts Are Potential M&A Targets, JPMorgan Says

U.S. listed bitcoin miners have access to large amounts of power, making them potential takeover targets for hyperscalers and AI firms, the report said.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)

Markets

Galaxy Digital Could Benefit From Improving Political Sentiment Towards Crypto in U.S.: Benchmark

The broker assumed coverage of the digital assets platform with a buy rating and a C$19 price target.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Markets

Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says

Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.

(Shutterstock)