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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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Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)
Finance
Hiring
Crypto Trading Firm Talos to Expand in Europe, US With New Hires
The trading platform has made three key appointments in sales and business development.
Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)
By Will Canny
Sep 26, 2022 at 4:57 p.m. UTC
Sep 26, 2022
HiringJobsCrypto TradingExclusive
(Unsplash)
Finance
Bank of america
Bank of America Says Cryptocurrencies Continue to Act as Risk Assets
Ether continues to slide as investors shift to a wait-and-see approach regarding future upgrades, the bank said in a research report.
(Unsplash)
By Will Canny
Sep 26, 2022 at 8:17 a.m. UTC
Sep 26, 2022
Bank of AmericaCryptoReportsStablecoins
The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)
Technology
Arbitrum
Bernstein: Arbitrum Has Strongest User Momentum Among Leading Blockchains
There is speculation that a token launch may be near, rewarding early users, a report from Bernstein said.
The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)
By Will Canny
Sep 22, 2022 at 11:56 a.m. UTC
Sep 22, 2022
ArbitrumEthereumAnalysisBlockchain
The split in Ethereum after the Merge is a potential problem, JPMorgan said. (Renuagra/Pixabay)
Markets
The merge
JPMorgan Sees Concerns for Ethereum Blockchain After the Merge
The platform has become less decentralized after the switch to proof-of-stake, the bank said.
The split in Ethereum after the Merge is a potential problem, JPMorgan said. (Renuagra/Pixabay)
By Will Canny
Sep 22, 2022 at 11:01 a.m. UTC
Sep 22, 2022
The MergeEthereumAnalysisJP Morgan
Ether issuance will drop some 90% after the merge, Citi said. (Riho Kroll/Unsplash)
Markets
The merge
Citi Says Ether Remains Relatively Stable Despite Significance of the Merge
ETH token issuance is estimated to drop 90% to around 600,000 a year, the bank said.
Ether issuance will drop some 90% after the merge, Citi said. (Riho Kroll/Unsplash)
By Will Canny
Sep 20, 2022 at 8:36 a.m. UTC
Sep 20, 2022
The MergeEthereumAnalysis
Shanghai, China (R.Nagy/Shutterstock)
Finance
Metaverse
JPMorgan: China’s Metaverse-Related Economy Could Reach $4T
The metaverse could triple China’s online-gaming market alone to $131 billion, the bank said.
Shanghai, China (R.Nagy/Shutterstock)
By Will Canny
Sep 15, 2022 at 12:06 p.m. UTC
Sep 15, 2022
MetaverseChinaAnalysis
Ethereum's successful Merge may spur greater institutional adoption of ether. (Peter H/Pixabay)
Markets
Institutional adoption
Bernstein: Strong Institutional Adoption of Ether Expected Following the Merge
The new economic model under the Merge combined with token burn could lead to negative token emission during periods of high demand, the report said.
Ethereum's successful Merge may spur greater institutional adoption of ether. (Peter H/Pixabay)
By Will Canny
Sep 15, 2022 at 11:01 a.m. UTC
Sep 15, 2022
Institutional AdoptionThe MergeEthereumAnalysis
Ethereum's Merge upgrade may attract more institutional investors. (DAPSGDP/Pixabay)
Markets
The merge
Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether: Bank of America
Investors who are barred from buying tokens that run on proof-of-work systems may be able to buy ether after the blockchain switches to proof-of-stake, the bank said.
Ethereum's Merge upgrade may attract more institutional investors. (DAPSGDP/Pixabay)
By Will Canny
Sep 12, 2022 at 11:46 a.m. UTC
Sep 12, 2022
The MergeEthereumInstitutional AdoptionAnalysis
(Shutterstock)
Markets
Binance
Crypto Exchange Binance to Benefit From Increased Supply of Its Own Stablecoin, BofA Says
The automatic conversion of other stablecoins could increase the supply of binance USD by $908 million, the bank said.
(Shutterstock)
By Will Canny
Sep 9, 2022 at 12:23 p.m. UTC
Sep 9, 2022
BinanceStablecoinsCrypto ExchangeBank of America
The European Central Bank raised interest rates by 0.75 percentage point, its biggest single hike since it began setting monetary policy in 1999. (Raimund Linke/ Getty)
Markets
First mover
First Mover Americas: Bitcoin Back Over $19K as ECB Goes for Record Interest-Rate Hike
The latest price moves in crypto markets in context for Sept. 8, 2022.
The European Central Bank raised interest rates by 0.75 percentage point, its biggest single hike since it began setting monetary policy in 1999. (Raimund Linke/ Getty)
By Lyllah LedesmaWill CannyOmkar Godbole
Sep 8, 2022 at 2:21 p.m. UTC
Sep 8, 2022
First MoverBitcoinEtherMarketsAltcoins