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


Markets

Market Wrap: Cryptos Slide; Analysts Expect a Volatility Spike

Bitcoin's outperformance relative to altcoins suggests a lower appetite for risk among investors.

Cryptos slid on Friday (Possessed Photography/Unsplash)

Markets

Bitcoin Extends Pullback Toward $37K-$40K Support Zone

BTC is in a wide trading range with strong overhead resistance. Technical indicators are mostly neutral.

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

Markets

First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline

The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

First Mover Asia: la Cina amplia il test dello yuan digitale mentre l’invasione della Russia mette in luce il potenziale ruolo delle criptovalute; Declino delle criptovalute

Il Paese è vicino all’approvazione delle sperimentazioni della valuta digitale della banca centrale in diverse città e regioni; Bitcoin ed ether scendono man mano che la propensione al rischio svanisce.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Pioneira na Ásia: China ampliará o teste do Yuan Digital enquanto a invasão da Rússia destaca o papel potencial da criptografia; Declínio das criptomoedas

O país está perto de aprovar testes da moeda digital do banco central em diversas cidades e regiões; Bitcoin e Ether caem à medida que o apetite pelo risco diminui.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Premier pays asiatique : la Chine va élargir le test du yuan numérique alors que l’invasion de la Russie met en lumière le rôle potentiel de la cryptographie ; Déclin des cryptos

Le pays est sur le point d’approuver les essais de monnaie numérique de banque centrale dans un certain nombre de villes et de régions ; Le Bitcoin et l'éther chutent à mesure que l'appétit pour le risque s'estompe.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Asia, primer actor: China ampliará la prueba del yuan digital mientras la invasión rusa destaca el papel potencial de las criptomonedas; Disminución de las criptomonedas

El país está a punto de aprobar pruebas de la moneda digital del banco central en varias ciudades y regiones; Bitcoin y ether caen a medida que se desvanece el apetito por el riesgo.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Markets

Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade

BTC was down 4% over the past 24 hours as geopolitical risks intensified.

Volatility fades. (meriç tuna/Unsplash)

Markets

Bitcoin Takes a Breather; Support at $37K-$40K

Intraday charts show downside exhaustion, which could encourage short-term buying.

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

Markets

First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment; Bitcoin Loses Momentum

An increase in commodity prices could eat into Indian investors’ skyrocketing appetite for cryptocurrencies; bitcoin, ether are roughly flat for the day.

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