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

Has the DAT Bubble Already Burst? CoinShares Says In Many Ways, Yes.

Digital-asset treasury plays that once traded at big premiums have fallen back toward net asset value.

Bitcoin Logo

Markets

Strategy Stock Still a Buy at Cantor After Plunge Forces Major Price Target Cut

Lower adjusted net asset value multiple means Strategy can no longer issue equity at a premium, threatening its long-term plan to accumulate more bitcoin, analyst Brett Knoblauch wrote.

Strategy Executive Chairman Michael Saylor (Danny Nelson, modified by CoinDesk)

Markets

Aptos Drops 6% to $1.85 as Technical Breakdown Accelerates

The token broke through key support levels and underperformed wider crypto markets.

"Aptos Price Drops 1.90% to $1.85 Amid Technical Breakdown and Institutional Selling"

Markets

JPMorgan Maintains Bitcoin's Gold-Linked Target at $170K Despite Recent Drop

The bank’s volatility-adjusted bitcoin-to-gold model still points to a theoretical price around $170K over the next six to twelve months.

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Tech

Nvidia CEO Jensen Huang Tells Joe Rogan AI Race Is Real, but It Won’t Have a Clear Winner

In a wide-ranging interview, Huang claims AI growth is gradual, powerful and already changing global power dynamics.

Nvidia CEO Jensen Huang (Nvidia)

Markets

Filecoin Gains 2% Alongside Crypto Rally

The token tracked broader crypto sentiment on below-average volume, establishing an ascending trend.

Filecoin Gains 2% to $1.57 on Technical Momentum Amid Mixed Volume

Tech

Ethereum's 'Fusaka' Upgrade Cements Network's Role as On-Chain Finance Settlement Layer: Bitwise

The upgrade will boost throughput, keep validators efficient and, most importantly, strengthen Ethereum's value capture by putting a floor under blob fees.

Ethereum Logo (Midjourney / Modified by CoinDesk)

Finance

Ostium Raises $20M Series A Led by General Catalyst, Jump Crypto to Put TradFi Perps Onchain

Built on Arbitrum, the perpetuals protocol has processed $25 billion in trading volume by offering self-custodial bets on gold, FX and other real-world markets.

(sergeitokmakov/Pixabay/Modified by CoinDesk)

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Markets

S&P's Tether Downgrade Revives 'De-pegging' Risk Warning, HSBC Says

The rating agency's Tether downgrade flags redemption risk, potentially nudging institutions to higher-rated stablecoins and tokenized deposits.

Tether (CoinDesk)

Finance

Jane Street Leads $105M Funding for Antithesis, a Testing Tool Used by Ethereum Network

Antithesis said its Series A will scale deterministic simulation testing, replaying complex failures exactly for crypto and other always-on systems.

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