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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Mercados

Market Wrap: Bitcoin Options Lean Bearish as Some Altcoins Outperform

BTC is slightly lower over the past week compared with a 5% rise in Solana’s SOL token and a 38% rise in Avalanche’s AVAX.

brown bear (Fabe collage, Unsplash)

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First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns

Bitcoin falls along with major stock indexes; spot trading volume is sluggish.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

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Market Wrap: Altcoins Outperform as Ether Rises Toward $4K

Bitcoin was down about 2%, while ether was roughly flat over the past 24 hours compared with a 4% rise in SOL and a 7% rise in LUNA.

Bitcoin dominance rate declined as altcoins outperformed (Damanick Dantes/CoinDesk, TradingView)

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Bitcoin Oversold Near $46K Support; Resistance at $55K

The cryptocurrency could see a brief price bounce, although sellers remain in control.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: Fed Decision on Stimulus Money Buoys Crypto Markets

Bitcoin leaps over $49,000, while ether and other altcoins also rise.

A supersonic Concorde jetliner takes off from the runway of an unidentified airport.

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Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading

Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.

Federal Reserve building (Paul Brady Photography/Shutterstock)

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Bitcoin Rises Toward $50K; Resistance Seen Around $52K

Momentum is also stabilizing after several weeks of low trading volume.

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

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First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain

A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments.

Federal Reserve building (Paul Brady Photography/Shutterstock)

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Market Wrap: Cryptocurrencies Stabilize as Traders Await the Fed

Analysts are cautious about crypto prices as risk appetite wanes.

Shutterstock

Mercados

Bitcoin Holds Short-Term Support at $46K; Resistance at $50K

The tight price range could persist into the Asia trading day.

Bitcoin four-hour price chart shows support/resistance with oversold RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)