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

Crypto's Value Lies in Trillion-Dollar Markets, Bitwise Says

The value of crypto comes from the massive markets it aims to disrupt, not small, niche plays, the report said.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Finance

CoinRoutes Acquires QIS Risk For $5M to Bolster Institutional Crypto Trading Tools

The deal brings together CoinRoutes’ execution technology with QIS Risk’s portfolio and risk management tools.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Markets

Citizens Starts Circle Coverage With Market Perform Rating on Stablecoin Growth, Valuation

Circle is positioned to benefit from surging stablecoin adoption and supportive regulation, but the company’s valuation already reflects much of the upside.

Circle Internet President Heath Tarbert

Markets

Stablecoin Market Surges on U.S. Regulation, With Circle's USDC Gaining Ground: JPMorgan

The bank's analysts said the GENIUS Act has fueled a 42% jump in stablecoin growth this year, with Circle’s USDC chipping away at Tether’s dominance.

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

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Markets

Bakkt Shares Still Look Cheap After 170% Rally: Benchmark

The firm has opportunities in three areas: crypto infrastructure, stablecoin payments and its bitcoin treasury strategy.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Policy

Investment Platform IG Wins FCA Approval for Crypto License, Expands UK Offering

The license win will allow IG to expand its crypto services and cement its position as a multi-asset trading platform.

UK FCA building (FCA)

Finance

Algorand Foundation Names Former Ripple Engineer Nikolaos Bougalis CTO

The hire marks a push to scale Algorand’s tech stack and deepen the company's U.S. presence.

Algorand Foundation Launches $300M DeFi Innovation Fund

Markets

Cipher Is the Latest Bitcoin Miner to Pivot to AI; Price Target Raised to $16: Canaccord

The broker maintained its buy rating on the stock and raised its price objective to $16 from $12.

Racks of mining machines.

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Markets

Chainlink Poised to Power TradFi Shift to Blockchain, Jefferies Says

The network secures $103 billion across more than 2,500 projects with partners such as Swift, DTCC and JPMorgan.

Chainlink CEO and co-founder Sergey Nazarov

Markets

Riot Platforms Gets Double Upgrade on AI Pivot as JPMorgan, Citi Hike Targets

Alongside, JPMorgan downgraded IREN and CleanSpark

Racks of crypto mining machines.