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

Investor Demand for Ether Staking Yields Has Slowed: Coinbase

Staking yields have dropped to 3.5% from above 5% in the last few months, the report said.

Ethereum's latest ambition, to launch a new test network, quickly deflated. (Pixabay)

Finance

Bitcoin Mining Industry Is at a ‘Crucible Moment,’ JPMorgan Says

The bank initiates research coverage of CleanSpark (top pick), Marathon Digital, Riot Platforms and Cipher Mining.

Bitmain Antminer mining rigs (Christie Harkin/CoinDesk)

Markets

Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets

The crypto’s first technological breakthrough was not as a superior payment method but as a superior form of money, the report said.

Analysts differ on bitcoin's ultimate reaction to a spot ETF (Unsplash, modified by CoinDesk)

Markets

Bitcoin Is Better Than Digital Gold: Matrixport

SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto services provider said.

Gold (Credit: Shutterstock)

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Tech

Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan

The increase in staking has reduced the appeal of ether from a yield perspective, the report said.

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

Finance

Crypto Investment Firm Deus X Capital Launches With $1B in Assets

The family office backed investment and operating company begins with an initial $1 billion of assets.

Deus X CEO Tim Grant (Deus X)

Finance

Listed Bitcoin Miners Could Be the Ultimate Bet for 2024: Matrixport

Investors could see outsized gains by buying a diversified portfolio of publicly listed mining companies, the report said.

Money (Alexander Grey/ Unsplash)

Markets

Crypto Funds Could Manage as Much as $650B Within 5 Years, Bernstein Says

The crypto industry is expected to transition into a formal, regulated asset management industry from a ‘cottage industry’ with $50 billion of assets, the report said.

(Alfred Gescheidt/Getty Images)

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Markets

Ethereum’s Shanghai Upgrade Has Been ‘Disappointing,’ JPMorgan Says

Daily transactions, daily active addresses and total value locked on Ethereum have all fallen since the upgrade, according to a report.

John Pierpont Morgan's firm says Ethereum's upgrade has been a disappointment (Library of Congress)

Finance

BCB Group’s Chief Banking Officer Ian Moore to Leave This Month

His planned exit follows that of the deputy CEO Noah Sharp in June.

21Shares COO has left the firm (mcmurryjulie/Pixabay)