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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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Deutsche Bank logo
Markets
Bitcoin
Bitcoin’s Bullish Quarter Eases Consumer Skepticism: Deutsche Bank
While 40% of respondents to the German bank’s survey said bitcoin will thrive in the coming years, 38% said they expect the cryptocurrency to disappear.
Deutsche Bank logo
By Will Canny
Apr 10, 2024 at 9:56 a.m. UTC
Apr 10, 2024
BitcoinReportsSurveys
(Shutterstock)
Finance
Fundraising
Bitcoin Layer 2 Mezo Emerges From Stealth With $21M Raise Led by Pantera
Mezo is a permissionless Bitcoin economic layer that uses a neutral smart contract infrastructure to offer a wide range of applications.
(Shutterstock)
By Will Canny
Apr 9, 2024 at 11:47 a.m. UTC
Apr 9, 2024
FundraisingThesislayer 2Venture Capital
(Sam Kessler/CoinDesk)
Finance
Stablecoins
Stablecoins Are Seeing Adoption as a Cross-Border Settlement Mechanism: Bernstein
Solana is leading the field in blockchain payments, but the network has scalability issues, the report said.
(Sam Kessler/CoinDesk)
By Will Canny
Apr 9, 2024 at 11:19 a.m. UTC
Apr 9, 2024
StablecoinsSolanapayments
Custody (Autumn_ schroe/Unsplash)
Finance
Metaco
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
The move will allow the crypto payments firm to consolidate its custody technology.
Custody (Autumn_ schroe/Unsplash)
By Will Canny
Apr 9, 2024 at 7:00 a.m. UTC
Apr 9, 2024
MetacoSwitzerlandRippleBCB GroupCustody ServicespaymentsExclusive
Michael Saylor, executive chairman of MicroStrategy (Michael.com)
Markets
Microstrategy
MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.
Michael Saylor, executive chairman of MicroStrategy (Michael.com)
By Will Canny
Apr 8, 2024 at 12:10 p.m. UTC
Apr 8, 2024
MicroStrategyAnalyst Ratingsstock prices
MicroStrategy Executive Director Michael Saylor (CoinDesk)
Finance
MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says
The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.
MicroStrategy Executive Director Michael Saylor (CoinDesk)
By Will Canny
Apr 5, 2024 at 3:22 p.m. UTC
Apr 5, 2024
Graph on a blackboard showing the relationship between supply and demand.
Markets
Gold
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said.
Graph on a blackboard showing the relationship between supply and demand.
By Will Canny
Apr 5, 2024 at 2:28 p.m. UTC
Apr 5, 2024
GoldBitcoinMacroeconomic conditionInflationJobs
A Hut 8 mining facility (hut8.io)
Markets
Hut 8
Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord
The broker cut its price target to $14 from $17.50 while maintaining its buy rating.
A Hut 8 mining facility (hut8.io)
By Will Canny
Apr 5, 2024 at 8:12 a.m. UTC
Apr 5, 2024
Hut 8Analyst RatingsMiners
JP Morgan building (Shutterstock)
Finance
Eth
Ether Could Avoid Designation as a Security With Centralization Risk Easing, JPMorgan Says
Staking platform Lido’s share in staked ether has continued to fall, reducing concerns about concentration in the Ethereum network, the report said.
JP Morgan building (Shutterstock)
By Will Canny
Apr 4, 2024 at 4:48 p.m. UTC
Apr 4, 2024
ETHJPMorganEthereumSecurity
Franklin Templeton CEO Jenny Johnson speaks at Consensus 2023. (Shutterstock/CoinDesk)
Finance
Activity Is Beginning to Accelerate in the Bitcoin NFT Space: Franklin Templeton
Bitcoin Ordinal collections are beginning to dominate the NFT market, the report said.
Franklin Templeton CEO Jenny Johnson speaks at Consensus 2023. (Shutterstock/CoinDesk)
By Will Canny
Apr 4, 2024 at 3:20 p.m. UTC
Apr 4, 2024