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Damanick Dantes
Latest from Damanick Dantes
Market Wrap: Bitcoin Celebrates Birthday on Dull Note, Analysts Expect Sideways Trading
Bitcoin’s 13th birthday caused little cheer as the cryptocurrency remains stuck in a sideways range.
Bitcoin Stuck in Range Between $45K Support and $52K Resistance
Price indicators suggest limited downside over the short term as selling pressure slows.
Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’
NFTs exploded, Coinbase stock went public, El Salvador bought the dip and China cracked down on bitcoin miners, while Solana’s SOL tokens and Polygon’s MATIC shot up by multiples of 90 or more. Here’s how crypto traders played it.
Market Wrap Year-End Review: Bitcoin ETF Rally Proved Short-Lived, and $100K Dreams Faded
In October, the long-awaited U.S. bitcoin ETF approval sent BTC’s price toward an all-time high of almost $69,000. But extreme leverage preceded a sell-off back down to $47,100 by the end of the year.
Market Wrap Year-End Review: El Salvador Adopted Bitcoin, Then Bought the Dip
The country’s adoption of BTC as legal tender wasn’t enough to keep the cryptocurrency near $50K in September.
Market Wrap Year-End Review: Altcoins, NFTs Filled Void When Bitcoin Got Boring
In mid-2021, crypto traders turned their attention to “Ethereum killers” and ridiculous-seeming NFTs that fetched hundreds of thousands of dollars.
Market Wrap Year-End Review: When Institutions Cashed Out of Bitcoin
One big investment firm pocketed big profits by selling bitcoin near the market top in April before the price tumbled.
First Mover Asia: Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend
Trading was light across different crypto exchanges on Christmas day and Boxing Day in the U.K.; ether’s price was roughly flat.
Market Wrap Year In Review: Remembering Bitcoin’s FUD-Fueled Crash
As crypto markets moved through April and May, many buyers began to cash out as fear, uncertainty and doubt (”FUD”) overwhelmed traders. Concerns included U.S. capital gains taxes on digital assets, bitcoin’s environmental footprint and an outright ban on crypto mining in China.
Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public
Tesla’s bitcoin acceptance helped to send the BTC price to an all-time high near $65,000 in April, almost unthinkable just a few months earlier. Coinbase’s direct stock listing marked the exact date of the market top.
