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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Demand for ether spot ETFs is likely to be lower than for bitcoin versions, JPMorgan Says. (Shutterstock)
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.
Demand for ether spot ETFs is likely to be lower than for bitcoin versions, JPMorgan Says. (Shutterstock)
A bitfarms mining site in Washington. (CoinDesk)
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
A bitfarms mining site in Washington. (CoinDesk)
Scrabble tiles spelling out "ETF GROWTH"
Bitcoin and Ether ETF Markets Expected to Grow to $450B: Bernstein
Crypto ETFs could see over $100 billion of inflows in the next two years, the report said.
Scrabble tiles spelling out "ETF GROWTH"
FalconX CEO Raghu Yarlagadda (FalconX)
Crypto Prime Broker FalconX Starts FX Desk With Hires From BCB Group
The offering will provide crypto trading firms, exchanges and brokers with access to 20 FX pairs.
FalconX CEO Raghu Yarlagadda (FalconX)
(Markus Spiske/Unsplash)
Alan Howard-Backed Elwood Technologies in Talks to Sell Part of the Business: Sources
Elwood is focusing on its existing portfolio management and risk management services and less on the trading side, one source said.
(Markus Spiske/Unsplash)
Ether Spot ETF Approval Would Raise Expectations That Solana Could Also be Classified a Commodity: Bernstein
Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein
Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path,...
Ether Spot ETF Approval Would Raise Expectations That Solana Could Also be Classified a Commodity: Bernstein
Bank of America (Taylor Simpson/Unsplash)
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
Bank of America (Taylor Simpson/Unsplash)
Ethereum co-founder Vitalik Buterin. (CoinDesk)
Ether Could Surprise to the Upside in the Coming Months, Coinbase Says
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.
Ethereum co-founder Vitalik Buterin. (CoinDesk)
Bitcoin Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan. (Shutterstock)
Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan
The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.
Bitcoin Mining Cost Estimate Drops to $45K as Inefficient Miners Exit: JPMorgan. (Shutterstock)
HUT 8 Mining Upgraded to Buy at Craig-Hallum. (hut8.io)
Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum
The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.
HUT 8 Mining Upgraded to Buy at Craig-Hallum. (hut8.io)