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

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Markets

First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

There was no apparent, clear explanation for the Monetary Authority of Singapore's decision to place crypto fund DeFiance Capital on an "Investor Alert List;" bitcoin and major cryptos surge.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform

BTC rose above $42K while ETH topped $3K for the first time in two weeks.

(Aaron Burden/Unsplash)

Markets

Bitcoin Rises Above $42K; Resistance at $46K-$50K

Momentum is turning bullish over the short term.

Bitcoin daily price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises

Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.

Shutterstock

Markets

Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold

Some traders expect greater price swings after month-end volatility selling.

U.S. Federal Reserve (Shutterstock)

Markets

Bitcoin Fades From Resistance; Support at $37K-$40K

Pullbacks could be limited over the short term.

Bitcoin four-hour price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week

The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000.

(Unsplash)

Markets

Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K

ETH was up as much as 5% over the past 24 hours, compared with a 2% rise in BTC.

Ether 24-hour price chart (CoinDesk)

Markets

Bitcoin Holding Above $40K, Resistance at $46K

The four-month-long downtrend could be nearing an end.

Bitcoin daily price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Taiwan's Surprising Interest Rate Hike; Altcoins Outdo Bitcoin

A survey of economists had expected the country, with its soaring economy, to leave the rate unchanged; avalanche and solana, among others were well into the green.

Taipei, capital of Taiwan