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


Merkado

First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out

Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.

View of the Taipei Skyline with Taipei 101 at night

Merkado

Market Wrap: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

Bitcoin rose 4% over the past 24 hours, compared with a 6% rally in DOGE.

(Frank Busch/Unsplash)

Merkado

Bitcoin Strengthens Above $43K; Resistance at $46K-$51K

Momentum signals are on the verge of turning positive for the first time since August 2021.

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

Merkado

First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.

India Parliament building (Unsplash)

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Merkado

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts

Recent price bounces have lacked conviction among crypto traders, especially in the futures market.

Oso contra toro. (Getty)

Merkado

Bitcoin Holds Support Above $40K; Initial Resistance at $46K

Buyers remain active on pullbacks, keeping support levels intact.

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

Merkado

First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

There was no apparent, clear explanation for the Monetary Authority of Singapore's decision to place crypto fund DeFiance Capital on an "Investor Alert List;" bitcoin and major cryptos surge.

CoinDesk placeholder image

Merkado

Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform

BTC rose above $42K while ETH topped $3K for the first time in two weeks.

(Aaron Burden/Unsplash)

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Merkado

Bitcoin Rises Above $42K; Resistance at $46K-$50K

Momentum is turning bullish over the short term.

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

Merkado

First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises

Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.

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