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Damanick Dantes
Latest from Damanick Dantes
Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction
There are initial signs of downside exhaustion, although upside appears limited.
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump
The eCNY and other CBDCs are digital versions of cash issued by a central bank, unlike bitcoin which has no single issuing authority; bitcoin surpassed $39,000 on Tuesday before dropping into the red.
Market Wrap: Bitcoin Sellers Return, Reversing Earlier Gains
Concerns over the economy and the situation in the Ukraine linger.
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and South Korea, among other countries, are likely to reduce the market for GameFi in the Asia-region; bitcoin, ether and most major altcoins rose slightly during U.S. trading hours.
Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish
The bitcoin Fear & Greed Index declined as macroeconomic and geopolitical concerns linger.
Bitcoin Downtrend Persists; Support at $30K
BTC is 43% off its all-time high near $69K, and upside appears limited.
First Mover Asia: The Renminbi Rises; Cryptos Suffer Another Lost Weekend
The value of RMB payments gained over 10% compared to December amid an inauspicious test of the digital yuan at the Winter Olympics. Bitcoin and major altcoins tumbled as tensions continued mounting on the Ukraine border.
Market Wrap: Bitcoin and Altcoins Dip Amid Russia, Ukraine Uncertainty
BTC is down 5% over the past week as investors reduce their exposure to risk.
Bitcoin Under Pressure, Lower Support at $30K-$35K
Momentum signals remain negative, indicating consistent selling pressure over the past month.
