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

PayPal expands its stablecoin into 70 markets

The payments giant says the dollar-backed PYUSD token will enable cheaper cross-border transfers and faster settlement for merchants.

Paypal HQ

Markets

Bitcoin outperforms gold and stocks in global turmoil as ETFs and Strategy accumulate

Wall Street broker Bernstein took note of an institutional ownership shift as behind bitcoin's resilience during this latest bout of global turmoil.

(Photo by Kanchanara on Unsplash/Modified by CoinDesk)

Finance

Crypto trading firm BlockFills files for bankruptcy

The institutional crypto lender filed for bankruptcy after suspending withdrawals, incurring about $75 million in losses and facing a lawsuit alleging misuse of customer funds.

Zipmex filed for bankruptcy protection in Singapore. (Gerd Altmann/Pixabay)

Tech

AI agents are quietly rewriting prediction market trading

Valory co-founder David Minarsch says autonomous agents running on the Olas protocol are giving retail traders a 24/7, strategy-driven edge on platforms like Polymarket.

(Unsplash)

Advertisement

Markets

Circle's USDC volumes top Tether's USDT for first time since 2019, prompting sell-side price target hike

Japanese investment bank Mizuho remains neutral on Circle, but lifted it price target to $120 from $100.

(Sandali Handagama/ CoinDesk)

Tech

Cathie Wood's Ark Invest says quantum computing is a long-term risk for bitcoin, not an imminent threat

Today’s quantum computers are far from breaking Bitcoin’s cryptography and any real threat would likely emerge gradually, giving the network time to adapt.

Quantum Computing Room

Markets

Circle’s outperformance highlights USDC’s staying power, says bullish Wall Street analyst

William Blair said Circle’s recent rally reflects more than macro factors, pointing to USDC resilience and growing recognition of the firm’s stablecoin infrastructure advantage.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Finance

Stablecoin market hits $312 billion as banks, card networks embrace onchain dollars

As regulation advances and institutions adopt blockchain settlement, stablecoins are expanding beyond crypto trading into payments infrastructure.

Stablecoin networks (Unsplash, modified by CoinDesk)

Advertisement

Markets

Slumping Strategy and Strive started with buy ratings at B. Riley

The bank said the bitcoin treasury sector’s slump reset valuations, but opened the door for new digital credit financing models that could revive growth.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

How the war in Iran and trader positioning could be behind the surge in Circle's stock

Shares were up another 9.7% on Monday, bringing them nearly to double over the past month.

Circle logo in front of a building