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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Bitcoin Is 'Store of Value' Though Not Yet 'Medium of Exchange,' Dallas Fed's Kaplan Says

The U.S. economy is "not out of the woods yet," said Dallas Fed President Robert Kaplan.

Federal Reserve Bank of Dallas President Robert Kaplan

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Dogecoin No Longer Pup After Tripling Past $50B, Exceeding UK Bank Barclays

DOGE now has a market value of more than $50 billion, surpassing the giant U.K. bank Barclays after tripling in price.

CoinDesk's Nikhilesh De summoned this meme on dogecoin, itself a meme.

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Bitcoin Recedes From All-Time High; Approaching Support

BTC is roughly 7% lower from its all-time high, similar to the April 1 pullback.

BTC four-hour chart

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Coinbase Listing Brought Attention to Crypto, Says Tezos's Kathleen Breitman

Coinbase's direct listing is bringing attention to crypto, but there's some "hopium" going on in DeFi, says Breitman.

Tezos co-founder Kathleen Breitman

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BTIG Initiates Coinbase Coverage With $500 Price Target

BTIG expects COIN to reach $500, calling it the "gold standard among digital asset exchanges."

Coinbase CEO Brian Armstrong opposes the infrastructure bill's tax provision.

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Bitcoin Struggles Around All-Time High Resistance; Support Within Reach

BTC buyers take profit, but selling should be limited around $61K support.

Hourly BTC chart shows support and resistance levels with RSI.

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Coinbase Direct Listing Gets $100B+ Valuation as Share Price Jumps in Nasdaq Debut

The Coinbase listing is seen as a watershed moment for the cryptocurrency industry.

Coinbase CEO Brian Armstrong. (CNBC, modified by CoinDesk)

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Bitcoin Uptrend Intact as HODLers Seem Less Tempted to Sell

Long-term BTC hodlers are less tempted to sell relative to prior bull markets, according to data from Glassnode.

The term "HODL" is crypto-industry slang for the practice of holding tokens for the long term.

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Coinbase Direct Listing: What's Happening Right Now

Experience shows it might take until after noon ET for market makers to work out the price of the initial trade in a direct stock listing.

Nasdaq

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Bitcoin Pauses After Breakout to All-Time High, Support Around $62K

BTC buyers have taken some profit, but support is nearby.

BTC Hourly Chart