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 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.

Finance

Crypto Exchange Gemini Launches Solana-Themed Credit Card With Auto-Staking Rewards

The new Solana edition of the Gemini Credit Card lets users earn up to 4% back in SOL and auto-stake rewards for extra yield.

Gemini co-founders Cameron and Tyler Winklevoss at White House (Jesse Hamilton/CoinDesk)

Markets

Wall Street Bank Citi Sees Stablecoins Powering Crypto’s Next Growth Phase

Stablecoins are growing alongside crypto, lifting Ethereum while new networks loom and the dollar stays dominant.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

JPMorgan Says Crypto-Native Investors Are Likely Driving the Market Slide

Limited bitcoin outflows and heavier ether selling pointed to crypto-native liquidations as the driver of the drop.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

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Markets

Citizens Sees Ether Primed for $10K as Supply Tightens and Institutional Demand Surges

The bank sees growing adoption, tighter supply and rising institutional inflows driving a sharp ether rally within two years.

Ethereum Logo

Markets

Stablecoins Can Cut Cross-Border Payments Cost by 99%, KPMG Says

Institutions are embracing stablecoin technology to cut costs, speed up settlement times, and unlock liquidity in a $150 trillion payments market.

Stablecoin networks (Unsplash, modified by CoinDesk)

Markets

Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan

The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79 billion.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

Citizens Sees SharpLink as a Breakout Ether Treasury Play With More Than 200% Upside

The bank initiated coverage of the stock with a market outperform rating and a $50 price target.

Abstract green wireframe bull charging forward on a striped background. (CoinDesk)

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Markets

Stablecoins Surge to Record $314B Market Cap as Institutional Race Heats Up: Canaccord

Regulation and new players are driving stablecoin momentum and paving the way for a new internet “money layer,” the broker said

DeFi networks are global. (NASA/Unsplash)

Finance

MoonPay Launches Unified Crypto Payments Platform 'MoonPay Commerce'

MoonPay Commerce brings fast, low-cost crypto payments to merchants and developers worldwide, including powering Solana Pay on Shopify.

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