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

Canton Network Activity Surges as Exchanges Join Validators: Copper Research

The institutional blockchain has reached more than 500,000 daily transactions, with major banks and U.S. crypto exchanges fueling unprecedented growth.

Stylized network of light focii covering Earth (geralt/Pixabay)

Markets

Polkadot's DOT Surges 6% Following Bullish Breakout

Support has formed around the $4.05 level, with resistance at $4.11.

"DOT Surges 7% in Explosive 24-Hour Breakout Rally with Record Volume and New Resistance at $4.11"

Markets

Risks Ahead for Crypto in Q4 Even With Macro Tailwinds: Grayscale

The firm's analysts said Fed rate cuts and regulatory momentum support digital assets, though slowing growth and political roadblocks could weigh on valuations.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash)

Markets

Bitcoin Miners' Market Cap Hit a Record in September: JPMorgan

The average network hashrate rose 9% to an average of 1,031 EH/s last month, according to the bank.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

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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)