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

Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4

With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.

Racks of mining machines.

Markets

Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps

The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.

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

Markets

Bitcoin Miner Core Scientific Upgraded to Buy as HPC Momentum Builds: B. Riley

The bank also reaffirmed TeraWulf (WULF) as its top pick in the sector.

Racks of mining machines.

Finance

Inveniam Capital Partners Acquires Storj to Advance Decentralized Data Infrastructure

Inveniam will integrate the company's decentralized cloud technology into its platform, while Storj retains its operations and leadership.

dollar bill

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Markets

Galaxy Digital Price Targets Hiked Across Street Following Record 3Q Earnings

Cantor, Canaccord and Benchmark all raised their Galaxy price objectives.

Galaxy Digital CEO Mike Novogratz (Danny Nelson/CoinDesk)

Markets

Filecoin Jumps More Than 4% After Retaking $1.60 Resistance Level

The token has support at the $1.52 level and resistance at $1.65.

Filecoin gains 4%.

Markets

Strategy Gets Buy Rating From Citi on Bullish Bitcoin Outlook

The Wall Street bank initiated coverage of Strategy with a buy/high risk rating and a $485 price target.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Markets

Bitcoin Miner Bitdeer's AI Pivot Earns Price Target Hike at Benchmark

The company's move to bring data center development in-house strengthens its AI and mining strategy, and accelerates monetization, said analyst Mark Palmer

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

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Finance

Blockchain.com Has Held Talks to Go Public Via SPAC Deal: Sources

The crypto trading platform and wallet provider is being advised by Cohen & Company Capital Markets, according to a person familiar wih the matter.

Wall street signs, traffic light, New York City

Markets

Bitcoin Mining Profitability Declined More Than 7% in September: Jefferies

Bitcoin mining margins tightened in September as a rising network hashrate and a slide in BTC prices dragged profitability lower

Racks of mining machines.