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

Paradigm Special Counsel Has Left the Crypto-Focused VC Firm

Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.

Paradigm co-founder Fred Ehrsam (Brady Dale/CoinDesk)

Finance

MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord

The broker cut its price target on the firm to $1,590 from $1,810, while maintaining its buy rating.

MicroStrategy Executive Chairman Michael Saylor (Getty Images)

Finance

Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France

The payments processor has been authorized by France’s financial regulators, the ACPR and the AMF, to act as an Electronic Money Institution (EMI) and Digital Assets Services Provider (DASP).

eiffel tower (Chris Karidis/Unsplash)

Finance

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.

Time on clock stop by nail delay concept. (Dimj/Shutterstock)

Finance

MicroStrategy Could Merit S&P 500 Inclusion If It Adopts New Accounting Rules: Benchmark

Early adoption of new accounting standards means the company could report a gain of more than $300 per share for the first quarter and meet the remaining requirement for index inclusion, the report said.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Finance

Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.

Stop sign (Krišjānis Kazaks/Unsplash)

Markets

Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered

The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.

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

Markets

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

The broker initiated coverage of the stock with a buy rating and $12 price target.

A Hut 8 mining facility (hut8.io)

Markets

Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein

The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.

Bitcoin miners (Shutterstock)

Finance

Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says

Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.

(Hitesh Choudhary/Unsplash)