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

Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says

The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Filecoin Rises Over 4%, Rebounding From Thursday's Drop

FIL has support at the $1.48 level and resistance at $1.52.

"Filecoin Rises 2% to $1.51 with Institutional Accumulation Amid Storage Sector Uncertainty"

Markets

Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat

Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.

Wall street signs, traffic light, New York City

Markets

Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie

The bitcoin miner turned AI infrastructure play has more than 50% upside, said the bank.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

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Markets

H.C. Wainwright Turns Bullish on Coinbase, Double Upgrades to Buy With $425 Target

The investment bank reversed its bearish call on Coinbase, citing renewed crypto momentum and potential U.S. regulatory breakthroughs.

Coinbase logo shown on a laptop screen

Markets

Crypto Asset Manager Bitwise Makes Case for Solana’s Next Big Run

Solana is well-positioned to capture a growing share of the stablecoin and tokenization boom, the investment firm said.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Finance

Crypto M&A Heats Up as Big Banks and Fintechs Race to Scale: Citizens

Citizens says blockchain deals are accelerating as firms buy rather than build to keep pace with regulatory clarity and customer demand.

(Christian Dubovan/Unsplash, modified by CoinDesk)

Markets

Bernstein Sees 75% Upside for Ether Treasury Firm SharpLink, Initiates at Outperform

The Wall Street broker said SharpLink is a compliant, institutional gateway to Ethereum, and gave the stock a $24 price target, offering 75% potential upside.

Ethereum Logo

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Markets

Circle’s USDC Overtakes Tether's USDT in Onchain Activity as Regulation Drives Shift: JPMorgan

USDC leapfrogged USDT in onchain activity as regulatory clarity pushes investors toward transparent and compliant stablecoins.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

DeFi Set to Challenge TradFi With $2T in Tokenized Assets by 2028: Standard Chartered

The bank said the 2025 stablecoin boom is fueling a self-sustaining wave of DeFi growth, and it forecasted $2 trillion in tokenized real-world assets by 2028.

DeFi networks are global. (NASA/Unsplash, modified by CoinDesk)