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

Latest from Damanick Dantes


Markets

Bitcoin Breaks Above $46K, Resistance at $48K-$51K

Momentum turned positive for the first time since July, although a significant price rally could be delayed.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Crypto Concerns Weigh on Taiwan PC Component Makers' Stocks; Bitcoin Springs to 3-Month High

Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos gain.

Taipei (Unsplash)

Markets

Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather

BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price.

(Jared Schwitzke/Unsplash)

Markets

Bitcoin Faces Initial Resistance at $46K; Support at $42K

Seasonal strength could keep buyers active within the year-long price range.

Bitcoin weekly price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out

Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.

View of the Taipei Skyline with Taipei 101 at night

Markets

Market Wrap: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

Bitcoin rose 4% over the past 24 hours, compared with a 6% rally in DOGE.

Chart pointing upwards.(Frank Busch/Unsplash)

Markets

Bitcoin Strengthens Above $43K; Resistance at $46K-$51K

Momentum signals are on the verge of turning positive for the first time since August 2021.

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

Markets

First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.

India Parliament building (Unsplash)

Markets

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts

Recent price bounces have lacked conviction among crypto traders, especially in the futures market.

Oso contra toro. (Getty)

Markets

Bitcoin Holds Support Above $40K; Initial Resistance at $46K

Buyers remain active on pullbacks, keeping support levels intact.

Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)