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


市场

Cryptocurrency Fund Flows On Track for Record Quarter

Digital asset investment products closed on Friday with a record $55.8 billion assets under management.

Inflows to crypto investment funds dropped last week, coinciding with the market's recent retreat.

市场

Nobody Saw Inflation Coming in the 1960s, but It Could Be Back: Economist

Very few of today's bond portfolio managers and traders can remember the last inflation shock, but that does not make a new shock less likely.


市场

Bitcoin 1Q Retail Flow Exceeding Institutional Investment: JPMorgan Strategist

The decline in institutional investment may be one reason behind bitcoin's failure to hold above $60,000.

Total bitcoin flows

市场

Bitcoin Finding Support at $54K After Failing to Hold Above $60K: Technical Analysis

Profit taking around $60,000 opens the door to lower support around $54,000, causing a bit of whiplash for bitcoin traders.

Bitcoin Struggles To Hold $60,000

市场

NFT Mania Fits With 'Crippling Inflation' Fear, but Don't Call It a Bubble

A $69 million NFT could end up being a mere pixel in a billion-dollar industry for digital assets.

Crossroad by digital NFT artist Beeple

市场

SushiSwap's SUSHI Seen at $100 Value, Up Fivefold From Current Level

SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.

MOSHED-2020-9-10-7-37-32

市场

Kraken Clients Stake $725M of FLOW Tokens, Buying Into NFT Frenzy

The surge in staking activity – similar to depositing money in an interest-bearing account – reflects the broader NFT frenzy.

Kraken co-founder and CEO Jesse Powell

市场

Miner Selling Pressure Declines, Could Fuel Bitcoin Rally, Blockchain Analysis Shows

Miner outflows have slowed since January. The last time this happened, bitcoin went parabolic.

MOSHED-2021-1-28-14-2-34

市场

Bitcoin Leaves Social Media Stocks 'in the Dust' With Market's Inflation Pivot

Investors are now seeing bitcoin as both an inflation hedge and risk asset.

Bitcoin returns versus momentum stocks