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

Decentralized Finance and Tokenization Growth Still Disappoints: JPMorgan

Total value locked (TVL) in DeFi remains below 2021 highs, the report noted.

Lending money, bills on a person's hands (Christian Dubovan/Unsplash)

Markets

Polkadot's DOT Gains as Much as 4% with Bullish Momentum Surge

Bifrost had secured over 81% of DOT’s liquid staking token (LST) market, boasting more than $90 million in total value locked.

"Polkadot (DOT) Surges 4% on Institutional Buying Amid Regulatory Clarity and Corporate Adoption Momentum"

Finance

Bakkt Expands Global Bitcoin Play With 30% Stake in Japan’s Marusho Hotta

Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.

Bitlayer Debuts the BitVM bride on the mainnet. (TheDigitalArtist/Pixabay)

Finance

Marex Becomes First Clearing Firm to Adopt JPMorgan’s Kinexys With Brevan Howard Digital

The initiative is aimed at modernizing payment infrastructure and reducing settlement risk, Marex said.

Terry Hollingsworth, Global Head of Futures & OTC Clearing Sales at Marex (Marex)

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Markets

Galaxy Digital Slips 8% Post-Earnings as Investors Take Profits Following Big Run Higher

Helmed by CEO Mike Novogratz, the firm secured the entire 800MW of HPC capacity at Helios after CoreWeave exercised its final option.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024

Markets

Bitcoin Treasury Firm Semler Scientific Still Has 3X Upside: Benchmark

Investors are giving no credit for the company's deliberate approach to adding additional bitcoin, said analyst Mark Palmer.

Trading screens (TheDigitalArtist/Pixabay)

Markets

Coinbase's Weak Q2 Is a Blip, Not a Breakdown, Says Benchmark

Weakness in Coinbase stock is a buying opportunity, according to the broker.

Coinbase app on a mobile phone screen.

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Markets

Polkadot's DOT Suffers 5% Decline as Intensified Selling Pressure Overwhelms Market

Support has now been established in the $3.55-$3.58 range, with resistance at the $3.68 level.

"Polkadot (DOT) Plunges 5% Amid ETF Speculation and Geopolitical Market Strains Fueled by Surging Sell Volume"

Markets

Filecoin Drops Over 6%, Breaks Key Support at the $2.38 Level

FIL encountered significant bearish momentum during the 24-hour period

FIL-USD Shows Sharp 6% Intraday Volatility with Strong Recovery After High-Volume Selloff