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

Market Wrap: Bitcoin and Stocks Stabilize Ahead of Fed Announcement

BTC was up 2% over the past 24 hours, compared with a 5% gain in ETH and a 20% rally in GRT.

Markets stabilize (Shutterstock)

Markets

Bitcoin Approaching $40K Resistance Zone; Support at $37K

A volatile breakout or breakdown is likely this week.

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: A Taipei Executive Believes GameFi Can Fix Gaming’s Creative Drought; Bitcoin, Ether Are Flat in Light Trading

See Wan Toong, the CTO of Red Door Digital, a Taipei-based studio building out Web 3 games, believes games can be creative and lucrative; major cryptos were mixed with prices of some rising slightly and others falling.

View of the Taipei Skyline with Taipei 101 at night

Markets

Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal

BTC trading volume is low as investors position themselves for a busy week.

A controversial proposed ban on proof-of-work crypto in the EU is off the table for now. (Walter Zerla/Getty)

Markets

Bitcoin Range-Bound Above $35K-$37K Support; Resistance at $40K

The sideways price range could result in higher volatility over the next two weeks.

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

Markets

First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline

Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.

South Korean President-elect Yoon Suk-Yeol celebrates his victory (Chung Sung-Jun/Getty Images)

Markets

Market Wrap: Cryptos Mixed Amid Global Uncertainty

Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.

Global (Shutterstock)

Markets

Bitcoin Weighed Down by Resistance; Support at $35K-$37K

Upside could be limited with the potential for higher volatility next week.

Bitcoin daily chart with resistance levels (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day

The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.

Analysts: This Bear Market May Not Last Long

Markets

Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure

BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.

Cryptos reverse course (cdd20, Unsplash)