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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(Peter Dazeley/Getty Images)
First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?
Tether has relationships with a number of banks but won't say much more; bitcoin rises slightly.
(Peter Dazeley/Getty Images)
Bitcoin 24-hour price chart (CoinDesk)
Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
BTC bounced after a nine-week losing streak, although some analysts remain skeptical.
Bitcoin 24-hour price chart (CoinDesk)
Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin: rebote de alivio enfrenta resistencia en $33K-$35K
Los compradores están reaccionando a las condiciones de sobreventa, aunque el potencial alcista parece limitado.
Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Relief Bounce Faces Resistance at $33K-$35K
Buyers are reacting to oversold conditions, although upside appears limited.
Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Wind, solar, and other renewable energy sources are now less expensive than fossil fuel sources. (Getty Images)
First Mover Asia: Bitcoin Jumps Above $31K; Crypto Carbon Trading Races to Clean Up Act
Carbon credit protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin on Monday notched its biggest single-day gain in more than two months.
Wind, solar, and other renewable energy sources are now less expensive than fossil fuel sources. (Getty Images)
Terra's new LUNA tokens crashed almost as soon as they launched. (NASA)
First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma
Bitcoin was headed for a ninth-straight weekly loss, a record. Terra delivered its new LUNA "revival" tokens, which crashed. Stepn has plenty of company among firms making changes to accommodate Chinese data-protection laws.
Terra's new LUNA tokens crashed almost as soon as they launched. (NASA)
Bitcoin 24 hour price chart (CoinDesk)
Market Wrap: Bitcoin Stuck Below $30K as Buyers Remain on Sidelines
BTC declined by as much as 3% over the past 24 hours and is on track to end the month in the red.
Bitcoin 24 hour price chart (CoinDesk)
Bitcoin weekly chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Faces Resistance at $33K; Support at $22K-$25K
Volatility could rise, especially if another price breakdown occurs.
Bitcoin weekly chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Crypto briefly decouples from stocks ( cdd20,  Unsplash)
Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform
BTC was roughly flat over the past 24 hours, compared with a 6% decline in ETH and a 2% rise in the S&P 500.
Crypto briefly decouples from stocks ( cdd20,  Unsplash)
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Pares Earlier Losses; Resistance at $33K
BTC remains in a choppy trading range with limited upside.
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)