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


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Market Wrap: Bitcoin Stabilizes as Altcoins Take the Lead

BTC was up 2% over the past 24 hours, while CAKE rallied 20% and ApeCoin dropped 80%.

Altcoins take the lead, but risks remain. (Shutterstock)

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Bitcoin Testing Resistance Near $40K; Support at $35K-$37K

BTC's price range could persist, although there is less chance of another major sell-off.

Bitcoin four-hour price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings

India's crypto community is hoping to convince lawmakers to scale back a crypto taxation bill; bitcoin soared above $41,000.

Parliament House in New Delhi, India (Unsplash)

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Market Wrap: Cryptos Recover From Drop After Fed Rate Hike; Expect Higher Volatility

Altcoins outperformed BTC over the past 24 hours, suggesting a greater appetite for risk among crypto traders.

Bitcoin 24-hour price chart (CoinDesk)

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Fantom's FTM Token Rises 10% on Upcoming Protocol Upgrades

The Fantom Foundation promises improved network performance after developer exits weighed on investor confidence.

FTM price chart (TradingView)

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First Mover Asia: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb

Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

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Market Wrap: Bitcoin and Stocks Stabilize Ahead of Fed Announcement

BTC was up 2% over the past 24 hours, compared with a 5% gain in ETH and a 20% rally in GRT.

Markets stabilize (Shutterstock)

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Bitcoin Approaching $40K Resistance Zone; Support at $37K

A volatile breakout or breakdown is likely this week.

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

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First Mover Asia: A Taipei Executive Believes GameFi Can Fix Gaming’s Creative Drought; Bitcoin, Ether Are Flat in Light Trading

See Wan Toong, the CTO of Red Door Digital, a Taipei-based studio building out Web 3 games, believes games can be creative and lucrative; major cryptos were mixed with prices of some rising slightly and others falling.

View of the Taipei Skyline with Taipei 101 at night

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Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal

BTC trading volume is low as investors position themselves for a busy week.

A controversial proposed ban on proof-of-work crypto in the EU is off the table for now. (Walter Zerla/Getty)