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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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Bitmain Antminer S19 Hydro mining rigs. (Eliza Gkritsi/CoinDesk)
Markets
Bitcoin halving
Bitcoin Halving Partially Priced In With No Big Rally Expected Afterward: Deutsche Bank
Crypto prices are likely to stay high in anticipation of spot ether ETF approvals, central bank rate cuts and regulatory changes, the report said.
Bitmain Antminer S19 Hydro mining rigs. (Eliza Gkritsi/CoinDesk)
By Will Canny
Apr 18, 2024 at 3:43 p.m. UTC
Apr 18, 2024
Bitcoin HalvingHalving
a cleaver chops a lemon in half
Markets
Bitcoin halving
Bitcoin Likely to Drop After the Halving, JPMorgan Says
The bank’s analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.
a cleaver chops a lemon in half
By Will Canny
Apr 18, 2024 at 8:38 a.m. UTC
Apr 18, 2024
Bitcoin HalvingMarkets
Usual Labs founding team. (Usual labs)
Finance
Defi
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0.
Usual Labs founding team. (Usual labs)
By Will Canny
Apr 17, 2024 at 2:00 p.m. UTC
Apr 17, 2024
DeFiStablecoinKraken
A photo of four mining rigs
Markets
Riot platforms
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said.
A photo of four mining rigs
By Will Canny
Apr 17, 2024 at 11:57 a.m. UTC
Apr 17, 2024
Riot platformsIris EnergyHalving
A close-up of one of Riot's mining rigs. (Riot Blockchain)
Markets
Bitcoin
Buy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein Says
Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.
A close-up of one of Riot's mining rigs. (Riot Blockchain)
By Will Canny
Apr 17, 2024 at 10:37 a.m. UTC
Apr 17, 2024
BitcoinHalvingMinersBernsteinBitcoin Halving
Computer, money. (TheDigitalWay/Pixabay)
Finance
Bitcoin
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
Computer, money. (TheDigitalWay/Pixabay)
By Will Canny
Apr 16, 2024 at 9:53 a.m. UTC
Apr 16, 2024
BitcoinETFBitcoin ETFCanaccord Genuity
CleanSpark's immersion cooling facility in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)
Markets
Miners
Bitcoin Miner CEOs Are Upbeat Ahead of the Halving, Expect M&A: Bernstein
Miners' shares have lagged as bitcoin outperformance has sucked retail liquidity from mining stocks, the report said.
CleanSpark's immersion cooling facility in Norcross, Georgia. (Eliza Gkritsi/CoinDesk)
By Will Canny
Apr 16, 2024 at 7:39 a.m. UTC
Apr 16, 2024
MinersHalving
U.S. SEC Chair Gary Gensler (Jesse Hamilton/CoinDesk)
Policy
Ether etfs
Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan
There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said.
U.S. SEC Chair Gary Gensler (Jesse Hamilton/CoinDesk)
By Will Canny
Apr 11, 2024 at 2:04 p.m. UTC
Apr 11, 2024
Ether ETFsSECRegulation
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