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


Finance

Michael Novogratz's Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi

Prince will work closely with the firm's president, Chris Ferraro, to expand Galaxy's crypto offering.

Mike Novogratz, Founder and CEO, Galaxy Digital (Suzanne Cordiero/Shutterstock/CoinDesk)

Finance

Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board

The South African alternative investment firm has bought one bitcoin.

South Africa is classifying crypto assets as financial products. (Shutterstock)

Markets

Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says

Institutional crypto futures positioning suggests a weakness in demand, the report said.

JPMorgan building (Shutterstock)

Markets

U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says

Institutional use of these cryptocurrencies will increase once rules are in place, the report said.

(Credit: iStockPhoto)

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Finance

Crypto Exchange Deribit Still in Talks to Be Acquired by Kraken: Source

A second source said U.S.-listed exchange Coinbase has also been kicking the tires of Deribit.

Deribit CEO Luuk Strijers (Extreme right) at Consensus Hong Kong (CoinDesk)

Markets

U.S. Crypto Investors Are Still Piling Into Memecoins Despite the Huge Risks: Kraken

A survey by the crypto exchange showed that 85% of digital asset holders in the U.S. invested in memecoins.

Kraken on phone (PiggyBank/ Unsplash)

Markets

U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan

Mining economics came under pressure as the network hashrate rose while the bitcoin price fell, the report said.

(Shutterstock)

Markets

LIBRA Apparent Rug Pull Is Latest 'Sordid Episode' Emerging From Solana's Memecoin Complex: Galaxy

The SOL price has slumped against both the dollar and ether.

A trader holds his head as he watches a falling chart on a screen.

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Markets

U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein

These companies grew their share of the Bitcoin network to about 29% in January from around 20% a year ago, the report said.

Bitcoin mining machines

Markets

U.S. Crypto Task Force to Focus on Delivering National Bitcoin Reserve: Bernstein

The Federal Reserve could issue debt or sell some of its gold reserves to fund purchases of BTC, the report said.

Every state should have a strategic bitcoin reserve.