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

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Markets

Market Wrap: Bitcoin Decouples From Stocks Ahead of Seasonally Weak March

Bitcoin and ether were up 5% over the past 24 hours, while stocks closed lower.

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

Markets

Bitcoin Bounce Stalls, Resistance Between $44K and $46K

Buyers could remain active at lower support levels, particularly at $40K.

Bitcoin's four-hour chart shows nearby resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto

The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.

(Swift)

Markets

Market Wrap: Bitcoin Rises Despite Geopolitical Tensions

Bitcoin is up 10% over the past 24 hours, compared with an 8% gain in ETH and an 14% rise in SOL. Indicators suggest more volatility before a recovery unfolds.

Bitcoin rise (Shutterstock)

Markets

Bitcoin Rises Past $40K; Resistance at $43K and $46K

The price jump reflects short-term bullish activity, although upside appears limited.

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

Markets

First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine

The guilty plea of the founders of the crypto trading platform with main offices in Hong Kong and Singapore avoided a trial; bitcoin dropped below $37,500 on Sunday after Russian President Vladimir Putin placed his nuclear forces on alert.

The national yellow and blue flag of Ukraine (Valentyn Semenov/Getty)

Markets

Market Wrap: Cryptos and Stocks Rise on Possibility of Russia-Ukraine Talks

Some traders expect the price bounce to be short-lived amid geopolitical uncertainty.

Ukrainian President Volodymyr Zelensky

Markets

Bitcoin Price Jump Faces Resistance at $40K-$46K; Support at $35K

For now, selling pressure has waned, which supports a short-term price bounce.

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

Markets

First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall

Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000.

Indian flag (Getty Images)

Markets

Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty

The leading cryptocurrency reverses earlier losses in seesaw trading.

putin, russia