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


Markets

Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates

The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.

For now, era of low rates benefit risk assets (Shutterstock)

Markets

Bitcoin Holds Support at $60K-$65K, Testing All-Time High

Upside momentum is improving after a two-week consolidation phase.

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

Markets

First Mover Asia: Bitcoin Rises Amid Light Weekend Trading

Yet, bitcoin’s market dominance has been dropping as interest in altcoins soars; transaction fees on the Ethereum blockchain have been rising.

Altcoins Overtaking Bitcoin's Dominance in Trading Volume?

Markets

Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K

Upside momentum is slowing, which suggests a period of consolidation could persist in the short term.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week

Analysts expect a bullish November for cryptocurrencies.

(Shutterstock)

Markets

Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls

BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.

ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Rangebound, Support Between $58K-$60K Could Stabilize Pullback

Downside appears limited into Asian trading hours.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Holds Above $60K After Fed Taper Announcement

Analysts see further upside despite lower trading volume.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Rangebound as Traders Expect Strong November

Some analysts expect a slight pullback ahead of a seasonally strong period for crypto prices.

Shutterstock

Markets

Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally

ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.

Ether price chart (CoinDesk, TradingView)