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

Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal

The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.

Bitcoin miners are attractive partners to build AI data centers: Bernstein. (Shutterstock)

Markets

Polkadot Slumps as Bears Break Key Support at $2.87

Heavy institutional selling pressure triggered a technical breakdown in DOT.

"Polkadot Drops 4.8% Amid Heavy Institutional Selling and Key Support Breakdown at $2.87"

Markets

Strategy’s Bitcoin Engine Hits New Phase With S&P Ratings Nod, Canaccord Says

The broker said the company's full-cap bitcoin strategy is maturing, as preferred equity drives accretion and a new S&P credit rating expands its investor base.

Executive Chairman of Strategy Michael Saylor

Finance

Tharimmune Stock Gains 30%, on $540M Capital Raise to Build Canton Coin Treasury Strategy

The nanocap biotech firm is pivoting into digital assets with a $540 million raise to build a canton coin–based treasury, backed by DRW and Liberty City Ventures.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

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Finance

Ripple Expands U.S. Institutional Offering With Introduction of Digital Asset Spot Prime Brokerage

Ripple Prime offers OTC spot trading for major cryptocurrencies including XRP and RLUSD.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

Markets

Bernstein Hikes Bitcoin Miner Targets as AI Infrastructure Play Continues to Gain Momentum

Wall Street broker Bernstein said bitcoin miners are fast becoming an essential part of the AI value chain.

Racks of mining machines.

Markets

Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says

The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.

Bitcoin mining machines (Shutterstock)

Markets

Filecoin Rises Over 4%, Rebounding From Thursday's Drop

FIL has support at the $1.48 level and resistance at $1.52.

"Filecoin Rises 2% to $1.51 with Institutional Accumulation Amid Storage Sector Uncertainty"

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Markets

Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat

Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.

Wall street signs, traffic light, New York City

Markets

Core Scientific Upgraded to Outperform Following Failed CoreWeave Merger: Macquarie

The bitcoin miner turned AI infrastructure play has more than 50% upside, said the bank.

Core Scientific's Marble facility in North Carolina. (Core Scientific)