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Latest from Damanick Dantes
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and South Korea, among other countries, are likely to reduce the market for GameFi in the Asia-region; bitcoin, ether and most major altcoins rose slightly during U.S. trading hours.
Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish
The bitcoin Fear & Greed Index declined as macroeconomic and geopolitical concerns linger.
Bitcoin Downtrend Persists; Support at $30K
BTC is 43% off its all-time high near $69K, and upside appears limited.
First Mover Asia: The Renminbi Rises; Cryptos Suffer Another Lost Weekend
The value of RMB payments gained over 10% compared to December amid an inauspicious test of the digital yuan at the Winter Olympics. Bitcoin and major altcoins tumbled as tensions continued mounting on the Ukraine border.
Market Wrap: Bitcoin and Altcoins Dip Amid Russia, Ukraine Uncertainty
BTC is down 5% over the past week as investors reduce their exposure to risk.
Bitcoin Under Pressure, Lower Support at $30K-$35K
Momentum signals remain negative, indicating consistent selling pressure over the past month.
First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions
Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.
Market Wrap: Cryptocurrencies Decline as Traders Position for Volatility
BTC declined by 7% over the past 24 hours, versus an 8% dip in ETH.
Bitcoin Pullback Deepens; Minor Support at $38K-$40K
Sellers remain active at resistance levels, maintaining the short-term downtrend.
First Mover Asia: Cryptos Hold Their Ground but Investors Remain Wary of Russia Invasion Plans, Inflation
Bitcoin fell earlier in the day but had recovered by the afternoon.
