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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JP Morgan office (Matthew Foulds/Unsplash)
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
JP Morgan office (Matthew Foulds/Unsplash)
From left to right: Sebastien Robyr (Chief Information Security Officer); Craig Perrin (Chief Sales Officer); Jessica More (Chief of Staff); Seamus Donoghue (Chief Growth Officer); Vincent Bouzon (Chief Technology Officer); Adrien Treccani (Chief Executive Officer); Peter DeMeo (Chief Product Officer); Angel Nunez Mencias (Chief Customer Officer).
Ripple Buys Crypto Custody Firm Metaco for $250M
Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.
From left to right: Sebastien Robyr (Chief Information Security Officer); Craig Perrin (Chief Sales Officer); Jessica More (Chief of Staff); Seamus Donoghue (Chief Growth Officer); Vincent Bouzon (Chief Technology Officer); Adrien Treccani (Chief Executive Officer); Peter DeMeo (Chief Product Officer); Angel Nunez Mencias (Chief Customer Officer).
Yield sign (James Coleman/Unsplash)
The New Crypto Cycle Will Be About Ether Yields: Bernstein
Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.
Yield sign (James Coleman/Unsplash)
Coinbase CEO Brian Armstrong (CoinDesk archives)
Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg
Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.
Coinbase CEO Brian Armstrong (CoinDesk archives)
(Federal Reserve Bank of New York, modified by CoinDesk)
U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan
This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.
(Federal Reserve Bank of New York, modified by CoinDesk)
(Getty Images)
Bitcoin Could Rally 20% to Around $36K: Matrixport
The Fed’s latest interest rate hike may be the last for this cycle, which could set the market up for another strong rally, the report said.
(Getty Images)
Coinbase CEO Brian Armstrong (Steven Ferdman/Getty Images)
Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi
The bank slashed its price target for the crypto exchange to $65 from $80.
Coinbase CEO Brian Armstrong (Steven Ferdman/Getty Images)
(Shutterstock)
Bitcoin Is Poised to Reclaim Crypto’s Spotlight: Berenberg
More investors are recognizing the digital asset as a sensible alternative not only among crypto tokens, but also within a global financial context, the firm said.
(Shutterstock)
(sergeitokmakov/Pixabay)
MicroStrategy in Unique Position to Benefit From Rising Bitcoin Price: Berenberg
The bank initiated coverage of the stock with a buy rating and a $430 price target.
(sergeitokmakov/Pixabay)
(Shutterstock)
Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited: Matrixport
Not all the stolen bitcoin was recovered, so only a fraction of the original amount held by creditors will be compensated, the report said.
(Shutterstock)