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


Finance

Boerse Stuttgart Unveils Pan-European Settlement Platform for Tokenized Assets

The blockchain-based Seturion platform is designed to unify post-trade systems for tokenized assets and reduce settlement costs by up to 90%.

Stuttgart Stock Exchange, owner of Boerse Stuttgart Digital (Boerse Stuttgart)

Markets

Bullish Gets Cautious Outlook from Compass Point

The current valuation is hard to justify, said analyst Ed Engel, initiating coverage with a neutral rating and $45 price target.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Finance

U.S. Bank Resumes Bitcoin Custody Services, Adds Support for ETFs

NYDIG will serve as the bank’s sub-custodian for digital assets.

Safe deposit boxes

Tech

Silent Data Becomes First Privacy-Focused Layer 2 to Join Ethereum’s Superchain

The project is one of over 30 layer-2 networks working to scale Ethereum.

DeFi networks are global. (NASA/Unsplash)

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Markets

Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan

The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.

ASIC bitcoin miners

Markets

Strategy’s Equity Shift Is No Retreat From Bitcoin Strategy, Benchmark Says

Analyst Mark Palmer reiterated his buy rating and $705 price target on the Michael Saylor-led company, which is more than a double from current levels.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.

Bitcoin mining machines

Markets

Polkadot's DOT Returns to $3.90 Support After Earlier Gain

Support has formed in the $3.90-$3.91 zone, with resistance at $4.02.

Paraguay's $6M Polkadot Investment Spurs 2% DOT Price Gain Amid Institutional Accumulation

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Markets

Bitcoin Undervalued Versus Gold as Volatility Collapses, JPMorgan Says

Bitcoin volatility has plummeted from around 60% at the beginning of the year to a current record low of 30%, the report said.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Markets

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant