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

Bitcoin 1Q Retail Flow Exceeding Institutional Investment: JPMorgan Strategist

The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.

Total bitcoin flows

Markets

Bitcoin Finding Support at $54K After Failing to Hold Above $60K: Technical Analysis

Profit taking around $60,000 opens the door to lower support around $54,000, causing a bit of whiplash for bitcoin traders.

Bitcoin Struggles To Hold $60,000

Markets

NFT Mania Fits With 'Crippling Inflation' Fear, but Don't Call It a Bubble

A $69 million NFT could end up being a mere pixel in a billion-dollar industry for digital assets.

Crossroad by digital NFT artist Beeple

Markets

SushiSwap's SUSHI Seen at $100 Value, Up Fivefold From Current Level

SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.

MOSHED-2020-9-10-7-37-32

Markets

Kraken Clients Stake $725M of FLOW Tokens, Buying Into NFT Frenzy

The surge in staking activity – similar to depositing money in an interest-bearing account – reflects the broader NFT frenzy.

Kraken co-founder and CEO Jesse Powell

Markets

Miner Selling Pressure Declines, Could Fuel Bitcoin Rally, Blockchain Analysis Shows

Miner outflows have slowed since January. The last time this happened, bitcoin went parabolic.

MOSHED-2021-1-28-14-2-34

Markets

Bitcoin Leaves Social Media Stocks 'in the Dust' With Market's Inflation Pivot

Investors are now seeing bitcoin as both an inflation hedge and risk asset.

Bitcoin returns versus momentum stocks

Markets

Crypto Fund CoinShares Jumps 33% in First Day on Nasdaq's Swedish Exchange

The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.

Danny Masters, executive chairman at CoinShares

Markets

ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over 'Premature Tightening'

The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.

ECB President Christine Lagarde.