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

Citi: Ether Extends Rally Ahead of the Merge Despite Bitcoin Weakness

There are key differences between previous upgrades to the Ethereum blockchain and now because, for the first time, digital assets are facing tightening financial conditions, the bank said.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Markets

Impulso de compra de criptomonedas se disipa a medida que inversores consideran riesgo de recesión

La posibilidad de una Reserva Federal más agresiva y de que las tasas de interés se mantengan altas durante más tiempo no han sido consideradas del todo para los activos de riesgo, dijo el Bank of America.

Los inversores cripto están rotando hacia las criptomonedas estables en lugar de activos más volátiles. (Jan van der Wolf/Pexels)

Markets

BofA: Crypto Buying Momentum Fades as Investors Weigh Bear Market Bounce, Recession Risk

The chance of a more hawkish Federal Reserve and the likelihood of interest rates staying higher for longer hasn't been fully priced into risky assets, the bank said.

Los inversores cripto están rotando hacia las criptomonedas estables en lugar de activos más volátiles. (Jan van der Wolf/Pexels)

Finance

Crypto Financial-Services Firm Galaxy Digital Hires Andrew Lace for Its London Trading Division

The firm has been hiring aggressively despite concerns of a crypto winter.

Mike Novogratz, Founder and CEO, Galaxy Digital (Suzanne Cordiero/Shutterstock/CoinDesk)

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Markets

Morgan Stanley Says Stablecoin Market Cap Is Contracting Again

The bank said it sees little evidence of leverage rebuilding in the decentralized finance (DeFi) ecosystem.

(Steve Buissinne/Pixabay)

Markets

Morgan Stanley Says Tightening in the Crypto Market Has Paused

While the market cap of stablecoins, an indicator of crypto liquidity, has stopped falling, demand for leverage has yet to start recovering, the bank said.

Tightening in the crypto market appears to have paused. (Lucio Alfonsi/Pixabay)

Finance

Crypto Custodian Copper to Connect to Solana for DeFi Access

Solana co-founder Anatoly Yakovenko said the link will create new ways for institutional investors to access decentralized finance and digital assets.

(Shutterstock)

Finance

Citigroup Furthers Crypto Push With Two Digital-Asset Hires

Wall Street continues to fill for digital-asset roles despite the lingering crypto bear market.

(Sophie Backes, Unsplash)

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Markets

FSInsight: Ether May Well Surpass Bitcoin’s Market Cap in Next 12 Months

If the blockchain’s Merge occurs as planned, the ether issuance rate will drop and daily selling pressure will reduce, the research firm said.

Ether becomes deflationary for the first time since the Ethereum blockchain's software upgrade dubbed the "Merge." (SB7/Shutterstock)

Tech

JPMorgan: Ethereum Miners Face an Abrupt Change Following the Merge

Ethereum Classic miners are likely to be among the main beneficiaries of the shift to proof-of-stake validation, the bank said.

Crypto mining stocks have lost roughly half of their value in the past month. (Sandali Handagama for CoinDesk)