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

Core Scientific Faces Valuation Disconnect; PT Hiked to $22: Jefferies

The bank reiterated its buy rating on CORZ and raised its price target for the bitcoin miner to $22 from $16 to reflect the CoreWeave acquisition.

Celsius and Core Scientific hope to raise millions via mining rig vouchers (alvarez/Getty Images)

Markets

Bitcoin Network Hashrate Rose 4% in First Two Weeks of August: JPMorgan

The combined hashrate of the 13 U.S.-listed miners the bank tracks now accounts for a record high 33.6% of the global network.

Rows dedicated to miners at the Bitcoin 2022 Conference in Miami. (Aoyon Ashraf/CoinDesk)

Markets

Bitcoin Mining Profitability Rose 2% in July Amid BTC Price Rally, Jefferies Says

A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said.

Bitcoin mining machines

Finance

Gemini Hires Goldmans, Citi, Morgan Stanley and Cantor as Lead Bookrunners for Its IPO

The company said its net revenue for the first six months of 2025 was $67.9 million, against a net loss of $282.5 million.

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Finance

Mysten Labs Taps Ex-Goldman Sachs Crypto Exec Mustafa Al Niama to Lead Capital Markets Push

As Mysten Labs' new capital markets head, Al Niama will focus on tokenization, real-world asset markets, and collateral mobility.

Misty mountains (Francesco Vaninetti Photo/Getty Images)

Markets

Ether-Led Rally Pushed Crypto Market Cap to $3.7T in July: JPMorgan

Ether outperformed last month as volumes, ETF flows hit records, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Finance

Billionaire Winklevoss Twins-Backed Gemini Launches Self-Custodial Smart Wallet

Gemini users can now access Web3 and DeFi ecosystems with social recovery, gas sponsorship, and integrated trading support.

Gemin's Cameron and Tyler Winklevoss (Image Catcher News Service/Getty Images)

Markets

Filecoin Gains 4%, Showing Strong Bullish Momentum

The advance occurred alongside a strong day for broader crypto markets.

FIL Price Rises 4% on Institutional Buying Amid Strong Support and Volume Surge

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Markets

Ether Price Target Lifted to $7.5K at Year-End and $25K in 2028 at Standard Chartered

Analyst Geoff Kendrick cited surging institutional demand, favorable regulation and network upgrades.

(Unsplash)

Markets

Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright

The broker has an outperform rating on MARA stock with a $28 price target.

Data Center Server Room Bitcoin Mining