Damanick Dantes

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.

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Bitcoin 24-hour price chart (CoinDesk)
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
Bitcoin could approach lower support at $25K-$27K with greater price volatility.
Bitcoin 24-hour price chart (CoinDesk)
Alts took the lead on Thursday. (Elena Rabkina/Unsplash)
Market Wrap: Cryptos Rise With Altcoins in the Lead
BTC was roughly flat over the past 24 hours, compared with a 10% rise in HNT and LINK.
Alts took the lead on Thursday. (Elena Rabkina/Unsplash)
Seoul, South Korea (Ciaran O'Brien/Unsplash)
First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls
Major South Korean exchanges are delisting the token after privacy upgrades involving the MimbleWimble protocol designed to make transactions confidential and virtually untrac...
Seoul, South Korea (Ciaran O'Brien/Unsplash)
Bitcoin rose above $31,000, but markets remained range-bound. (Michael Borgers/Getty Images)
First Mover Asia: For the Metaverse to Be a $13T Opportunity, Much Has to Change; Bitcoin Rises Late Past $31K
A Citi report makes a bold prediction, but major metaverse platforms are struggling to attract committed users; altcoins are mixed.
Bitcoin rose above $31,000, but markets remained range-bound. (Michael Borgers/Getty Images)
Investors bottom fishing  (Robson Hatsukami Morgan, Unsplash)
Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom
BTC is down by 34% so far this year and is approaching the middle or late stage of a bear market, according to some indicators.
Investors bottom fishing  (Robson Hatsukami Morgan, Unsplash)
Bitcoin's daily chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Choppy Around $30K, Support at $25K-$27K
Price bounces have been short-lived, indicating a loss of buying strength.
Bitcoin's daily chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)
Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr-Creative Commons)
First Mover Asia: When It Comes to Crypto, Hong Kong Isn’t the World’s ‘Freest Economy’; Bitcoin Has a Late Fall Below $30K
A memo by the city’s securities and futures regulator reminds investors of the risks of NFTs; altcoins surge and then drop.
Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr-Creative Commons)
Bitcoin 24-hour chart (CoinDesk)
Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves
So far, BTC has avoided significant price drops. But option traders are protecting against the downside.
Bitcoin 24-hour chart (CoinDesk)
Bitcoin daily price chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
BTC's current price range remains intact after several weeks of negative returns.
Bitcoin daily price chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
(Shutterstock/Bankrx)
First Mover Asia: Bitcoin and Other Cryptos Tick Up in Weekend Trading
Ether and other major altcoins are slightly in the green as investors continue to look for clarity on the direction of the global economy; stablecoins face increasing scrutiny...
(Shutterstock/Bankrx)