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

Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says

These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.

Globe, World (Kyle Glenn/Unsplash)

Finance

Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark

Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.

(Artem Oleshko/Shutterstock)

Markets

Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank

Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts and regulatory changes, the report said.

Bitmain Antminer S19 Hydro mining rigs, the company's latest technology, installed at a Merkle Standard facility in Washington state. (Eliza Gkritsi/CoinDesk)

Markets

Bitcoin Likely to Drop After the Halving, JPMorgan Says

The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.

a cleaver chops a lemon in half

Finance

DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures

The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.

Usual Labs founding team. (Usual labs)

Markets

Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan

Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.

A photo of four mining rigs

Markets

Buy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein Says

Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

Finance

Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says

Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.

Computer, money. (TheDigitalWay/Pixabay)

Markets

Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein

Miners' shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said.

CleanSpark's immersion cooling facility in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)

Policy

Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan

There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said.

U.S. Securities and Exchange Commission Chair Gary Gensler (Jesse Hamilton/CoinDesk)