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

Bitcoin Stuck in Range Between $45K Support and $52K Resistance

Price indicators suggest limited downside over the short term as selling pressure slows.

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

Markets

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.

Tesla CEO Elon Musk (Getty Images, modified by CoinDesk)

Markets

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.

(Jared Schwitzke/Unsplash)

Markets

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.

El Salvador (Esaú González, Unsplash)

Markets

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.

Artist's rendition of a Bored Ape NFT. (Adam Levine/CoinDesk)

Markets

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.

Bitcoin price events (Ruffer Investments)

Markets

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.

(Justin Chin/Bloomberg via Getty Images)

Markets

Pioneiro na Ásia: o preço do Bitcoin permanece abaixo de US$ 51 mil no fim de semana de férias

As negociações foram leves em diferentes bolsas de Cripto no dia de Natal e no Boxing Day no Reino Unido; o preço do éter estava praticamente estável.

(Justin Chin/Bloomberg via Getty Images)

Markets

Premier arrivé en Asie : le prix du Bitcoin reste inférieur à 51 000 $ pendant le week-end de vacances

Les échanges ont été légers sur différents échanges Crypto le jour de Noël et le lendemain de Noël au Royaume-Uni ; le prix de l'éther était à peu près stable.

(Justin Chin/Bloomberg via Getty Images)

Markets

First Mover Asia: il prezzo di Bitcoin rimane bloccato sotto i 51.000 dollari durante il fine settimana festivo

Il trading è stato leggero tra i diversi scambi Cripto il giorno di Natale e il giorno di Santo Stefano nel Regno Unito; il prezzo di ether era più o meno piatto.

(Justin Chin/Bloomberg via Getty Images)