Damanick Dantes

Damanick was a crypto market analyst at CoinDesk where he wrote the daily Market Wrap and provided technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also a portfolio strategist and does not invest in digital assets.

Damanick Dantes

Останні від Damanick Dantes


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First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday

Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%; bitcoin and ether are up.

CoinDesk placeholder image

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Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform

AAVE rallied by 20%, compared with a 4% gain in ETH and 9% rise in SOL on Friday.

Cryptos rebounded after Thursday's dip. (Markus Spiske, Unsplash)

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Bitcoin Holds Support Above $44K; Resistance at $48K-$51K

Upside momentum signals remain intact.

Bitcoin weekly price chart shows support/resistance, with MACD on bottom. (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge

The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline.

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

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Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April

Bitcoin and stocks are entering a seasonally strong period.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

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Bitcoin Dips From $48K Resistance; Support at $43K

BTC is declining from overbought levels.

BTC daily price chart shows support/resistance, with RSI below. (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: India Continues Its Restrictive Approach to Crypto; Bitcoin, Ether Run in Place

The Indian tax authority's recent revision of what was seized in taxes and penalties from crypto exchanges reflects the government's harsh stance toward digital assets; Solana has a banner day.

India Parliament building (Unsplash)

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Market Wrap: Crypto Sentiment Improves, Though Risk Remains as Russia Plays Down Peace Talks

Bitcoin's Fear & Greed Index is at its highest level since November. Altcoins outperform.

Bitcoin 24-hour price chart (CoinDesk)

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Bitcoin Holding Support Above $46K; Resistance at $48K-$51K

BTC buyers could remain active over the short-term.

Bitcoin daily chart shows nearby resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?

OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water.

Hong Kong.