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

U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.

Silvergate Bank collapsed in 2023. (Will Foxley/CoinDesk)

Finance

Coinbase Downgraded by Oppenheimer After Disclosing Possible SEC Charges

The Wall Street firm said it is worried about the fairness of crypto enforcement actions in the U.S.

Downgrade spiral staricase going down downwards (Unsplash)

Tech

Ethereum Usage Will Drop If the Blockchain Doesn’t Boost Speed: Bank of America

The network has had a first-mover advantage thus far as a platform developers could build apps on, a report from the bank said.

Ethereum’s long-term viability depends on its ability to follow its road map. (Shutterstock)

Tech

Next Evolution of Blockchain Software Has Only Just Begun: Bank of America

Platforms like Near, Polkadot and Cardano are using new approaches to improve the trade-off between scalability, decentralization and security, a report from the bank said.

La plataforma Near necesita hacer algo más que solamente atraer nuevos usuarios, según Bank of America. (Zack Seward/CoinDesk)

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Finance

Copper to Lay Off Up to 15% of Staff, Focus on Crypto Custody, Settlement

The process is just getting under way and the company, which employs about 300, said it cannot put an exact number on job losses.

Copper CEO Dmitry Tokarev (Copper)

Finance

Trading Platform Talos Adds Crypto Market Liquidity in Tie-Up With Keyrock

The agreement with the Belgian market maker is part of Talos' expansion into Europe.

(Wichudapa/Shutterstock)

Markets

Cryptocurrency Market Set for More Upside After Bank Problems: Bernstein

The current environment is the perfect setting for the decentralized-financial system to stand out as an alternative to traditional banking, a report from the firm said.

(Angelo Giordano/Pixabay)

Markets

Cryptocurrency Outlook Is Strengthened by U.S. Banking Turmoil: Coinbase

More people now appreciate the fundamental value proposition of having an alternative to the traditional financial system, the report said.

(Brigitte Werner/Pixabay)

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Markets

Bitcoin Is Benefiting From Crypto’s Flight to Quality: Matrixport

Investors are shifting into the cryptocurrency from stablecoins and more volatile cryptocurrencies, a report from the firm said.

Jenga image via Shutterstock

Markets

Bitcoin Isn’t Trading as a Currency but as a Speculative Asset: Morgan Stanley

The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said.

(Dylan Calluy/Unsplash)