Damanick Dantes

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.

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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.
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Crypto Fund CoinShares Jumps 33% in First Day on Nasdaq's Swedish Exchange
The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.
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ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over 'Premature Tightening'
The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.
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Ether Uptrend Is Weakening, Could Test Lower Support: Technical Analysis
Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.
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Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend
According to Arcane, the new corporate buyers appear intent on keeping the cryptocurrencies for the long term "and see further upside potential in bitcoin."
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US Inflation Rate Accelerates in February, Could Go Higher as Economy Reheats
The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.
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Ether Trailing Bitcoin Since CME Futures Launch: Technical Analysis
Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.
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Inflation Rate, Closely Tracked by Bitcoin Traders, Probably Accelerated in February
The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.
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Bitcoin's Break Above $54K Could Open Path to New Price Record: Technical Analysis
Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000.
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Investors Put Less Money Into Crypto Funds Last Week as Bitcoin Market Stagnated
Last week's drop in crypto investment inflows to a fourth of the prior week's pace came as prices retreated in prices for bitcoin and other digital assets.
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