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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Nobody Saw Inflation Coming in the 1960s, but It Could Be Back: Economist
Very few of today's bond portfolio managers and traders can remember the last inflation shock, but that does not make a new shock less likely.
Total bitcoin flows
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
Bitcoin Struggles To Hold $60,000
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
Crossroad by digital NFT artist Beeple
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
MOSHED-2020-9-10-7-37-32
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
Kraken co-founder and CEO Jesse Powell
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
MOSHED-2021-1-28-14-2-34
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
BTC Battles February All-Time-High
Bitcoin Battles Resistance Near All-Time High as Possible 'Double Top' Looms: Technical Analysis
For now, BTC’s uptrend remains intact.
BTC Battles February All-Time-High
Bitcoin returns versus momentum stocks
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
Danny Masters, executive chairman at CoinShares
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