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

Market Wrap: Cryptocurrencies and Stocks Drop as Russia-Ukraine Tensions Rise

Geopolitical risks shook markets on Friday as BTC dipped below $43K.

putin

Markets

Bitcoin Drops Below $43K; Support at $35K-$40K

Technical indicators are neutral, although oversold conditions could keep short-term buyers active.

Bitcoin daily price chart shows nearby resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Drops With Stocks After Fed Official's Hawkish Remarks

After soaring past $45,000, the cryptocurrency fell to under $44,000; ether and other major altcoins were in the red.

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)

Markets

Market Wrap: Bitcoin Price Jump Fades After US Inflation Spike

Buyers failed to sustain a brief recovery in BTC, while altcoins underperformed.

(Getty Images)

Markets

Bitcoin Reverses Earlier Dip, Resistance Stands at $46K

BTC is approaching overbought levels, although pullbacks could stabilize at between $40K and $43K.

Bitcoin's daily price chart shows nearby resistance levels (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Cryptos Turn Green on Red-Letter Russia News

Bitcoin increased to nearly $45,000 and major altcoins rose as well after the world's 11th-largest economy announced it would regulate instead of ban cryptocurrencies.

Major cryptos were in the green on Thursday.(Tim Graham/Getty Images)

Markets

Market Wrap: Bitcoin and Stocks Rise, Signaling Greater Investor Appetite for Risk

BTC was up 3% over the past 24 hours versus a 6% rise in ETH.

Bitcoin 24-hour price chart (CoinDesk)

Markets

Bitcoin Recovering Between $40K Support and $46K Resistance

BTC trading volume is ticking higher as buyers defend intraday support levels.

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

Markets

First Mover Asia: Crypto Prices Finish Largely in the Red

Bitcoin fell early on but had recovered by the end of the U.S. trading day; ether drops slightly.

Most major cryptocurrencies were in the red. (Paolo Bruno/Getty Images)

Markets

Market Wrap: Cryptocurrencies Pull Back in Light Trading

"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.

(Shutterstock)