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


Mercati

Inflows to Crypto Funds Slow as Apparent Profit-Taking Offsets Fresh Money

Digital asset fund inflows slowed last week, although demand for Ethereum products rose, according to CoinShares.

Digital asset fund flows

Mercati

Bitcoin Stalls at Resistance; Could Face Lower Support at $56K

However, if BTC breaks below $57,000, buyers will likely wait to enter around lower support at $56,000.

Bitcoin hourly chart

Mercati

Market Wrap: Bitcoin Near $58K, Rises After US Jobs Miss but Lags Altcoins

Bitcoin rose as traders looked towards further Fed support after the U.S. jobs miss. Altcoins continue to outperform.

Bitcoin price chart over past day.

Mercati

Bitcoin Holds Support, Faces Resistance at $58K-$60K

BTC buyers continue to take profits on recoveries.

Bitcoin four-hour chart

Mercati

Bitcoin Strengthens; Faces Resistance Around $60K-$62K

BTC could face resistance near the all-time high on improving trend strength.

Bitcoin four-hour chart

Mercati

Market Wrap: Ethereum Classic Steals Show From Bitcoin, Ether, Even DOGE

Ethereum Classic pops 53%, while bitcoin recovers and ether pushes back toward its all-time high.

CoinDesk XBX Index

Mercati

Crypto Derivatives Boom Leaves Small Traders Vulnerable to Liquidation: Carnegie Mellon

Sophisticated actors are taking from amateur investors in bitcoin derivatives trading, according to Carnegie Mellon researchers using data from BitMEX.

Building on Carnegie Mellon campus.

Mercati

Bitcoin Reclaims Support; Approaching Resistance Near $56K-$58K

Bitcoin has retraced roughly 38% of the sell-off from May 3 as the short-term trend improves.

Bitcoin hourly chart

Mercati

Digital Asset Funds, Especially Ethereum, Post Largest Inflow Since February

Ether attracted $30 million of inflows during the seven days through April 30.

Crypto asset fund flows

Mercati

Crypto Markets, Apart From Dogecoin, Join US Stock Sell-Off as Yellen Warns on Rates

Cryptocurrencies fall along with other risky assets on hint of higher interest rates.

U.S. Treasury Secretary Janet Yellen