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


Markten

Ex-Tether Exec Quigley Disappointed in Current Management, Urges Audits

Tether is its "own worst enemy" and needs to be audited, according to co-founder William Quigley.

Willam Quigley, co-founder of Tether, now runs the NFT marketplace WAX.

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Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K

Bitcoin's uptrend continues to slow after breaking short-term support.

Four-hour BTC chart shows a break of uptrend support with lower support levels.

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Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways

Crypto fund flows are slowing, which could suggest investor uncertainty about BTC's price.

Chart shows weekly crypto ETP flows.

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Bitcoin Could Top Out at $150K to $300K in 2022, Says Large BTC Miner

BTC could peak by next June before entering a bear market, according to Chinese crypto miner Jiang Zhuoer.

Mining facility

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Veteran Analyst Peter Brandt Expects Bitcoin to Reach $200K

Based on an analysis of price chart patterns, bitcoin is about halfway through its current bull market, which began around the March 2020 low.

Weekly chart shows BTC parabolic rises along ascending channel.

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Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High

BTC is moving sideways as its short-term uptrend slows.

BTC Four-Hour Chart

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Crypto Mining Stocks Could Keep Beating Bitcoin in 'Modern-Age Digital Gold Rush'

Crypto mining stocks could deliver amplified returns during a bitcoin bull market, according to FundStrat research.

BTC Miners Performance

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Bitcoin Maintains Trend Support at $56K, All-Time High Within Reach Around $61K

The month-long uptrend from $43,000 remains intact, although longer-term signals are weakening.

BTC 4-hour chart

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This (Small-ish) Swiss Cybersecurity Stock Jumped 80% After NFT-Related Press Release

WISeKey's stock surged nearly 70% after it mentioned NFT in its press release, which is unusual for the small firm.

WKEY price rally

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Bitcoin Tends to Weaken During Asian Trading, Especially After Bank of Japan Policy Shift

Asian sellers meet North American buyers, as BoJ policy move reminds traders of timing patterns.

bank of japan