Damanick Dantes
CoinDesk
New York, NY, United States
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Past articles by Damanick:
Market Wrap: Bitcoin Stalls Below $40K, Analysts Point to Risks in DeFi
Some observers are concerned about a "crypto winter." → Read More
Market Wrap: Cryptocurrencies Pullback as Traders Remain Cautious
Sentiment is mixed among bitcoin derivative traders, which suggests some buyers are sitting on the sidelines. → Read More
Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’
NFTs exploded into the mainstream consciousness, China cracked down on crypto (this time for real), Coinbase stock went public, El Salvador bought the dip, digital tokens like Solana’s SOL and Polygon’s MATIC shot up by multiples of 90 or more, and traders in traditional markets finally got a bitcoin ETF (sort of). Here’s how it all went down. → Read More
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. → Read More
Market Wrap: Altcoins Underperform as Bitcoin Dips Below $48K
Bullish sentiment continues to fade ahead of tomorrow’s U.S. Federal Reserve meeting. → Read More
Bitcoin Drops Below $56K as Momentum Slows; Support Around $53K
Buying has been weak despite short-term oversold signals. → Read More
Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher
Bitcoin is up about 5% over the past week, compared to a 3% rise in ether over the same period. → Read More
Market Wrap: Bitcoin Dips Below $60K as ETF Enthusiasm Fades
“We may see significant price erosion,” said one trader. → Read More
Market Wrap: Bitcoin Rises Again as Altcoins Outperform
Bitcoin is back above $62K and investors are pumping more money into crypto funds. → Read More
Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms
The ETF enthusiasm has faded but some investors expect pullbacks to remain limited for the remainder of the year. → Read More
Market Wrap: Analysts Expect Further Upside After Bitcoin Hits All-Time High
The “theme of $100K BTC” has returned, one analyst says. → Read More
Market Wrap: Bitcoin Holds Above $60K as Crypto Market Cap Reaches New High
Meanwhile, some analysts are warning about overheating in the futures market given the recent rise in leveraged positions → Read More
Market Wrap: Bitcoin at $50K as the Bulls Return
Sentiment significantly improved over the past week, signaling a shift away from market panic. → Read More
Market Wrap: Cryptocurrencies Rally as Short Sellers Exit Positions
The upturn comes despite regulatory risks. → Read More
Market Wrap: Bitcoin Sell-off Deepens as Equity Volatility Rises
Analysts expect further choppiness this week as investors seek safety from risk assets. → Read More
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. → Read More
Bitcoin in Pullback Mode; Support near $45K
Bitcoin (BTC) is declining from the $50K resistance level and technicals suggest support above the $42K breakout zone should hold. → Read More
Bitcoin Struggles at Resistance; Support Near $48K
Bitcoin (BTC) sellers remained active from the $50K resistance level. Initial support around $48K could stabilize the pullback. → Read More
Bitcoin Holds Support; Approaching $50K Resistance
Bitcoin (BTC) buyers remain active as the broader uptrend improves. Initial resistance is seen at $50K, which could trigger a brief pullback. → Read More
Meme Stocks Gain as FOMO Traders Rotate from Bitcoin
Meme stocks are rising as bitcoin (BTC) stabilizes after a volatile May. Retail traders are driving the rotation, according to analysts. → Read More