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


Tech

Bernstein: Arbitrum Has Strongest User Momentum Among Leading Blockchains

There is speculation that a token launch may be near, rewarding early users, a report from Bernstein said.

The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)

Markets

JPMorgan Sees Concerns for Ethereum Blockchain After the Merge

The platform has become less decentralized after the switch to proof-of-stake, the bank said.

(Renuagra/Pixabay)

Markets

Citi Says Ether Remains Relatively Stable Despite Significance of the Merge

ETH token issuance is estimated to drop 90% to around 600,000 a year, the bank said.

The hot topic now is the upcoming Merge on the Ethereum network, and specifically, about the possibility of having a forked proof-of-work ETH and a proof-of-stake coin. (Riho Kroll/Unsplash)

Finance

JPMorgan: China’s Metaverse-Related Economy Could Reach $4T

The metaverse could triple China’s online-gaming market alone to $131 billion, the bank said.

Shanghai, China (R.Nagy/Shutterstock)

Markets

Bernstein: Strong Institutional Adoption of Ether Expected Following the Merge

The new economic model under the Merge combined with token burn could lead to negative token emission during periods of high demand, the report said.

Institutional Adoption explodes in 2024 (Peter H/Pixabay)

Markets

Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether: Bank of America

Investors who are barred from buying tokens that run on proof-of-work systems may be able to buy ether after the blockchain switches to proof-of-stake, the bank said.

La actualización de Ethereum podría atraer más inversores institucionales. (DAPSGDP/Pixabay)

Markets

Crypto Exchange Binance to Benefit From Increased Supply of Its Own Stablecoin, BofA Says

The automatic conversion of other stablecoins could increase the supply of binance USD by $908 million, the bank said.

(Shutterstock)

Markets

First Mover Americas: Bitcoin Back Over $19K as ECB Goes for Record Interest-Rate Hike

The latest price moves in crypto markets in context for Sept. 8, 2022.

European Central Bank officials laid out objectives for its retail digital euro as its two-year CBDC experiment continues. (Raimund Linke/ Getty)

Finance

Crypto Exchange Coinbase to Benefit Near Term From Staking Revenue After Ethereum's Merge, Goldman Says

The company could generate $250 million to $600 million in incremental staking revenue from ether, the bank said.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Finance

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Signature Bank CEO Joseph DePaolo (Signature Bank)