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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Crypto Exchange BitMart to Join Custodian Copper’s ClearLoop Network
Institutional clients will be able to trade on the BitMart exchange while their digital assets remain safeguarded in Copper’s custody.
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(Getty Images)
Bank of America Says CBDCs Are the Future of Money and Payments
Central bank digital currencies have the potential to revolutionize global financial systems, a report from the bank said.
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(Cleveland Trust Co/Modified by CoinDesk)
Bernstein Says Custody Services Are the Foundation for Institutional Crypto Adoption
The crypto custody revenue opportunity could grow to $8 billion by 2033, a report from the brokerage firm said.
(Cleveland Trust Co/Modified by CoinDesk)
Bernstein expects crypto revenue to jump 16 fold in the next 10 years. (Sakchai Vongsasiripat/Getty Images)
Bernstein Expects Crypto Revenue to Jump to Around $400B by 2033
The broker expects on-chain revenue to grow to about half of total cryptocurrency revenue from around 15% today.
Bernstein expects crypto revenue to jump 16 fold in the next 10 years. (Sakchai Vongsasiripat/Getty Images)
(Danny Nelson/CoinDesk)
Citi Says Solana Blockchain Activity Remains High
Active addresses and daily NFT trading volume have returned to levels last seen before the collapse of crypto exchange FTX, a report from the bank said.
(Danny Nelson/CoinDesk)
Squeezed shorts propelled gains in altcoins. (Bella H./Pixabay)
Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.
Squeezed shorts propelled gains in altcoins. (Bella H./Pixabay)
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Signature Bank Downgraded at Jefferies Due to Shrinking Crypto Business
The cut to "hold" by the formerly bullish analyst comes after the stock has suffered a 67% year-over-year decline.
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Jefferies rates Coinbase stock a hold. (Marco Bianchetti/Unsplash, modified by CoinDesk)
Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating on Near-Term Concerns
The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, th...
Jefferies rates Coinbase stock a hold. (Marco Bianchetti/Unsplash, modified by CoinDesk)
(Will Foxley/CoinDesk)
Crypto Bank Silvergate Downgraded by Wall Street Banks, Moody's After Q4 Results, Shares Slump
J,P. Morgan cut its rating on the stock to neutral from overweight and slashed its price target to $14 from $30.
(Will Foxley/CoinDesk)
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Bernstein Says Crypto Exchange Binance Not Likely to Fail
The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.
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