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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Market Wrap: Bitcoin Rangebound as Traders Hedge Risks

Macroeconomic uncertainty and Russia-Ukraine tensions have kept investors on edge.

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Bitcoin Weighed Down by $46K Resistance; Support at $35K-$40K

Upside appears limited as buyers lose momentum.

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

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Why Investors Have Been Slow to Trust Security Tokens

Blockchain concepts such as digital wallets and smart contracts are not easily understood among traditional investors and regulators. That's where education comes in.

Wall Street sizes up security tokens (Sophie Backes/Unsplash)

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First Mover Asia: Bitcoin Inches Upward in Sunday Trading

But the largest cryptocurrency by market cap was way way off last week's levels amid light weekend trading and escalating tensions about a possible war with Russia; ether and most other major cryptos dropped.

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Market Wrap: Cryptocurrencies and Stocks Drop as Russia-Ukraine Tensions Rise

Geopolitical risks shook markets on Friday as BTC dipped below $43K.

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Bitcoin Drops Below $43K; Support at $35K-$40K

Technical indicators are neutral, although oversold conditions could keep short-term buyers active.

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

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First Mover Asia: Bitcoin Drops With Stocks After Fed Official's Hawkish Remarks

After soaring past $45,000, the cryptocurrency fell to under $44,000; ether and other major altcoins were in the red.

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)

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Market Wrap: Bitcoin Price Jump Fades After US Inflation Spike

Buyers failed to sustain a brief recovery in BTC, while altcoins underperformed.

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Bitcoin Reverses Earlier Dip, Resistance Stands at $46K

BTC is approaching overbought levels, although pullbacks could stabilize at between $40K and $43K.

Bitcoin's daily price chart shows nearby resistance levels (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: Cryptos Turn Green on Red-Letter Russia News

Bitcoin increased to nearly $45,000 and major altcoins rose as well after the world's 11th-largest economy announced it would regulate instead of ban cryptocurrencies.

Major cryptos were in the green on Thursday.(Tim Graham/Getty Images)