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

Ether Treasuries Target Yield, but Risk Looms, Says Wall Street Broker Bernstein

A $1 billion ether treasury could generate as much a $50 million in annual yield, the report said.

A person country their dollars.

Markets

Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies

The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.

Racks of crypto mining machines.

Markets

Bitcoin Miner MARA Holdings Upgraded to Overweight at JPMorgan; IREN and Riot Cut to Neutral

The bank updated its miner estimates to reflect second-quarter earnings and changes to the network hashrate and the bitcoin price.

Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Markets

Polkadot's DOT Faces Bearish Pressure Despite Recovery Attempts

The token has significant support in the $3.87-$3.93 range, with resistance at the $4.11 level.

DOT-USD Ends Lower at $3.96 Amid Bearish Pressure and Late Institutional-Fueled V-Shaped Recovery

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Markets

APT Surges 5% From Lows Despite Market Volatility and $960M in Altcoin Liquidations

Token demonstrates resilience with dramatic intraday breakout on elevated volume amid broader crypto market turbulence.

APT-USD price chart showing a 5% intraday surge with strong support at $4.59 and resistance near $4.79

Markets

Bitcoin to Hit $135K by Year-End in Base-Case Forecast, $199K in Bullish Scenario: Citi

In the bank's most optimistic scenario, bitcoin could reach $199,000 by the end of the year, while a more bearish setup, pulls the forecast down to $64,000.

Major banks' logos light up the night atop skyscrapers. (Miquel Parera/Unsplash)

Markets

Polkadot's DOT Bounces After 7% Decline

The token rebounded from overnight lows with high volume confirmation as institutional selling pressure was absorbed by buyers.

"Polkadot (DOT) Recovers After 7% Drop Amid High Volume and Institutional Buying Pressure"

Markets

Stablecoin Supply to Grow as Much as $75B Following Passage of GENIUS Act, BofA Says

The bank expects further adoption of tokenized assets and money market mutual funds once the crypto market structure bill, the CLARITY Act, becomes law.

Bank of America billboard in Times Square. (Spencer Platt/Getty Images)

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Markets

Crypto Inflows Surge to $60B Year-to-Date, Outpacing Private Equity: JPMorgan

The friendlier regulatory climate in the U.S. has led to an increase in digital asset inflows in recent months, the report said.

JPMorgan building (Shutterstock)

Finance

Crypto Market Maker B2C2 Said to Be Raising up to $200M: Source

The transaction will allow majority holder SBI to reduce its stake in the crypto trading firm, the source said.

(Unsplash)