Will Canny

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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 contract reporter at CoinDesk.

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HUT 8 Mining (hut8.io)
Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark
The broker initiated coverage of the stock with a buy rating and $12 price target.
HUT 8 Mining (hut8.io)
Bitcoin miners (Shutterstock)
Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein
The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.
Bitcoin miners (Shutterstock)
(Hitesh Choudhary/Unsplash)
Bitcoin Miners May Shift Focus to AI After Halving, CoinShares Says
Miners will be faced with substantial cost increases as a result of the halving, with electricity and bitcoin production costs almost doubling, the report said.
(Hitesh Choudhary/Unsplash)
Globe, World (Kyle Glenn/Unsplash)
Crypto Markets Will Be Driven by Macro Factors Following the Halving, Coinbase Says
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.
Globe, World (Kyle Glenn/Unsplash)
(Artem Oleshko/Shutterstock)
Bitcoin Miners Are Better Positioned for the Halving This Time Round: Benchmark
Bitcoin's rally in the past six months will help cushion crypto miners from the effects of the 50% cut in their earned rewards, the report said.
(Artem Oleshko/Shutterstock)
Bitmain Antminer S19 Hydro mining rigs. (Eliza Gkritsi/CoinDesk)
Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank
Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts and regulatory changes, the report said.
Bitmain Antminer S19 Hydro mining rigs. (Eliza Gkritsi/CoinDesk)
a cleaver chops a lemon in half
Bitcoin Likely to Drop After the Halving, JPMorgan Says
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
a cleaver chops a lemon in half
Usual Labs founding team. (Usual labs)
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.
Usual Labs founding team. (Usual labs)
A photo of four mining rigs
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.
A photo of four mining rigs
A close-up of one of Riot's mining rigs. (Riot Blockchain)
Buy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein Says
Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.
A close-up of one of Riot's mining rigs. (Riot Blockchain)