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Damanick Dantes

Lo último de Damanick Dantes
Goldman Sachs Says Blockchain Stocks on Average Outperform S&P 500 (But Not Bitcoin)
Goldman Sachs identified 19 blockchain and cryptocurrency related stocks that have outperformed the S&P 500 this year.

Long-Term Bitcoin Holders Unmoved Despite Volatility, Blockchain Data Shows
Long-term bitcoin holders were unmoved during the recent correction, similar to previous turning points, according to Glassnode.

Bitcoin Rallies From Oversold Levels; Resistance Around $56K
BTC is now at the most overbought level since April 14, when it reached an all-time high around $64,800.

A Year After Coronavirus Meltdown, Few Investors See Risk of Deflation: Deutsche Bank
Inflation remains a key focus, according to a survey of global investors, although risk of a "Fed taper" appears low.

Digital Asset Fund Inflows Fall to Lowest Level Since October
Bitcoin prices fell 14% during the seven days through April 23, while ether rose 18%..

Blockchain Data May Have Foreshadowed Monday's Bitcoin Price Rally
The SOPR indicator, which measures aggregate net profit/loss could signal a BTC market bottom, according to Glassnode data.

Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $58K
BTC is attempting to break above a series of lower price highs from April 14, which could stabilize the short-term downtrend.

Bitcoin Sell-Off Leaves Cryptocurrency in Weakening Short-Term Trend
The daily RSI is approaching oversold territory, which could attract short-term buyers.

Despite Price Drop, Bitcoin's 'Fundamental Narrative Has Not Changed,' Stack Funds Says
BTC drawdowns have occurred every month since the start of this year but most ended with sharp recoveries, achieving newer highs in the following month.

Bitcoin Recovers From Panic Zone as Funding Rates Reset
Bitcoin's funding rate turned negative over the weekend, which typically precedes price recoveries.
