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

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

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)

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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

Finance

Crypto Exchange Gemini Introduces Ether and Solana Staking for All U.K. Customers

This follows Gemini’s opening of its first permanent office in London, highlighting the company’s effort to expand its presence in the region.

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

Markets

Filecoin Rebounds 6% From Lows in Bullish Reversal

FIL trading volume was 75% above 30-day averages, signaling heightened institutional interest.

Filecoin Hits $2.33 Record Amid 75% Volume Surge and Institutional Accumulation

Markets

Ether and ETH Treasury Companies Look Undervalued After Plunge: Standard Chartered

Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto's circulation, the bank's Geoff Kendrick said.

stepwise increasing stacks of coins pictured against a chart of rising price candles

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Finance

ETHZilla Authorizes $250M Buyback, Expands Ether Treasury to $489M

The company now holds 102,237 ether worth about $489 million.

Nasdaq. (CoinDesk Archives)

Markets

Aptos' APT Falls 4% as Crypto Markets Retreat

Support has formed in the $4.38-$4.41 zone, with resistance at $4.50.

"APT Exhibits Volatile 9% Drop with Institutional Support Driving 1.47% Final-Hour Surge Above $4.41 Resistance"