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Latest from Damanick Dantes
First Mover Asia: Bitcoin, Ether Have a Quiet Weekend
The two largest cryptocurrencies by market capitalization were roughly flat amid light trading; terra approached an all-time high, while avalanche dropped.
Bitcoin Limited to $50K-$55K Resistance as Momentum Slows
Short-term buying could be limited given negative momentum on the weekly chart.
Market Wrap: Bitcoin Options Lean Bearish as Some Altcoins Outperform
BTC is slightly lower over the past week compared with a 5% rise in Solana’s SOL token and a 38% rise in Avalanche’s AVAX.
First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns
Bitcoin falls along with major stock indexes; spot trading volume is sluggish.
Market Wrap: Altcoins Outperform as Ether Rises Toward $4K
Bitcoin was down about 2%, while ether was roughly flat over the past 24 hours compared with a 4% rise in SOL and a 7% rise in LUNA.
Bitcoin Oversold Near $46K Support; Resistance at $55K
The cryptocurrency could see a brief price bounce, although sellers remain in control.
First Mover Asia: Fed Decision on Stimulus Money Buoys Crypto Markets
Bitcoin leaps over $49,000, while ether and other altcoins also rise.
Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading
Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.
Bitcoin Rises Toward $50K; Resistance Seen Around $52K
Momentum is also stabilizing after several weeks of low trading volume.
First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain
A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments.