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: Bitcoin, Altcoins Rise and Then Sink

The largest cryptocurrency by market capitalization plummets below $41,000 after rising earlier in the day.

(Hulton Archive/Getty Images)

Markets

Market Wrap: Bitcoin Rises Despite Russia's Proposed Crypto Ban

Traders appeared unfazed by Russia's proposal as bitcoin rose 3% over the past 24 hours.

Bank of Russia (Shutterstock)

Markets

Bitcoin Returns Above $43K; Resistance Near $45K-$48K

Oversold conditions are attracting short-term buyers.

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

Markets

First Mover Asia: Bitcoin Slides Under $42K; Altcoins Fall

Analysts are noting the correlation between sagging tech stocks and crypto.

(Ethan Miller/Getty Images)

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Markets

Market Wrap: Bitcoin Stabilizes; Analysts See Relative Value in Altcoins

Bitcoin was roughly flat over the past 24 hours while trading activity in alternative coins increased.

(Michael Dziedzic/Unsplash)

Markets

Bitcoin mantiene su soporte por encima de $40K y enfrenta una resistencia de $43K-$45K

Los compradores podrían seguir activos durante la jornada asiática a medida que mejore el impulso.

El gráfico de precios de cuatro horas de bitcoin muestra el soporte/resistencia y el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Holding Support Above $40K; Faces Resistance at $43K-$45K

Buyers could remain active into the Asia trading day as momentum improves.

El gráfico de precios de cuatro horas de bitcoin muestra el soporte/resistencia y el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Markets

Grayscale Bitcoin Trust Discount Hits Record at 26.5%

Analysts don't expect a spot bitcoin ETF conversion anytime soon, and in the meantime, investors in the GBTC fund are getting charged fees.

GBTC discount (Skew)

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Markets

First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors

Bitcoin and ether rose and fell; altcoins have a mixed day.

ghosts, halloween

Markets

Market Wrap: Cryptocurrencies Decline With Equities, Traders Remain Cautious

Bitcoin's spot trading volume is at its lowest level in six months.

Retail traders were eager to get in on the bitcoin action.