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 Increased by Almost 20% in May, Jefferies Says

The rise in profitability was driven by a 20% increase in the bitcoin price, while the hashrate rose only 3.5%, the report said.

Racks of crypto mining machines.

Markets

Aptos' APT Gains 6% With High-Volume Buying Amidst Wider Crypto Market Bounce

The token has potentially found strong support between the $3.87-$3.89 zone with high-volume buying validation.

Aptos gains 6%.

Finance

Midnight Network Unveils NIGHT Tokenomics, 'Glacier Drop' Airdrop Mechanism

The distribution model, called 'Glacier Drop,' invites token holders from the eight launch ecosystems to claim 100% of the NIGHT tokens.

Muir Glacier in Alaska

Markets

Coinbase Is Well Positioned to Benefit From U.S. Crypto Regulatory Clarity: Benchmark

The broker raised its price target for the crypto exchange to $421 from $301 and reiterated its buy rating on the stock.

Coinbase (appshunter.io/Unsplash)

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Finance

Anthony Pompliano’s ProCap to Go Public in $1B Bitcoin Treasury SPAC Deal

ProCap Financial will hold Up to $1B in BTC and monetize holdings through yield strategies.

Image of Anthony Pompliano

Markets

Polkadot's DOT Bounces 4% After Forming Triple Bottom at $3.47 Support Level

A bullish reversal pattern has formed with consecutive higher lows since the bottom, suggesting further potential upside.

DOT gains 4%

Finance

Crypto Exchange Kraken Adds Bitcoin Staking Via Babylon as BTC Driven DeFi Picks Up

Kraken users will now be able to stake their bitcoin directly, locking it in a custodial vault on the native chain.

Kraken on phone (PiggyBank/ Unsplash)

Markets

Standard Chartered Sees New Growth Frontiers in Non-Stablecoin Tokenization

The next phase of real-world asset tokenization will go beyond stablecoins, targeting private markets and illiquid assets, the report said.

Standard Chartered logo on the side of a building.

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Markets

Polkadot's DOT Drops as Much as 5% After Failed Breakout Triggers Selling Wave

A potential double bottom pattern has formed with improving momentum, suggesting the possibility of a recovery.

Polkadot sell off

Markets

Compliant Stablecoins Will Become the 'Money Layer of the Internet:' Canaccord

Stablecoins could find uses beyond that of a crypto trading pair after the U.S. Senate passed the GENIUS Act, the report said.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)