COTI Price(COTI)

The global cryptocurrency market cap now stands at $0.94T, up by 0.55% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $18,922 and $19,658 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $19,553, up by 1.45%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include UTK, AMB, and COTI, up by 35%, 13%, and 12%, respectively.Top stories of the day:SushiSwap Community Votes in 'Head Chef' to Oversee Decentralized Crypto ExchangeKim Kardashian Pays $1.26M Fine to SEC for Promoting EthereumMax Without Disclosing ReimbursementBinance Signs an MOU With the Financial Monitoring Agency of KazakhstanStablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commerical Paper Holdings to Below $50MBitcoin Flat at $19K Ahead of Fed’s Emergency Meeting: Market WatchTransit Swap Loses $23 Million Over Vulnerability; Recovers 70%Binance Research and Binance Labs team up to publish report titled “DeFi on BNB Chain”1inch Network Reaches 1.5 Million Users on the Ethereum NetworkLearn About CSR Initiatives in Web 3.0 & Play WODL to Share 10,000 BUSD in Token Vouchers!Market movers:LUNA: $2.43 (-3.28%)ETH: $1318.63 (+0.95%)BNB: $286.1 (-0.31%)XRP: $0.4559 (-1.34%)ADA: $0.4275 (-0.12%)SOL: $32.98 (+0.70%)DOGE: $0.06012 (-0.03%)DOT: $6.34 (+0.32%)MATIC: $0.8023 (+2.86%)SHIB: $0.00001108 (-0.36%)Top gainers on Binance:UTK/BUSD (+35%)AMB/BUSD (+13%)COTI/BUSD (+12%)

Chart of the WeekThe Bottom Is Near Bitcoin’s Entity-Adjusted Dormancy Flow helps understand the spending behavior of experienced market participants. Whenever there is a substantial reduction in BTC spending from the so-called “old hands,” the dormancy value falls below 250,000, signaling that the market is in full capitulation. In previous bear cycles, a dormancy value below 250,000 represented a great historical buy zone. Bitcoin’s Entity-Adjusted Dormancy Flow currently sits around 205,000 and can still drop to 180,000 to mark the end of the downtrend.Bitcoin Still Bound for Further LossesAt about $36,300 on Sunday, Jan. 23rd, Bitcoin dropped below the psychological $40,000 barrier to hit a six-month low of nearly $34,000, and the weekly Relative Strength Index broke the 42 support level for the first time in two years.From a technical perspective, it appears that BTC could soon experience capitulation. Price history shows that every time the weekly RSI has dropped below 42 since 2014, the pioneer cryptocurrency tends to shed about 53% in market value. A similar event puts Bitcoin at around $20,000 by the end of the downtrend. On Binance Futures, BTCUSDT Long/Short Ratio continues trending downwards to hit a new low of a 1.89 ratio on Jan. 23rd. It appears that traders remain pessimistic about Bitcoin’s future price action as only 65.40% of all accounts remain net-long.Weekly Market Mover* Note: DEFIUSDT is a composite index perpetual contract that consists of a basket of DeFi protocol tokens listed on Binance. It is calculated by using weighted averages of DEFI tokens’ real-time price on Binance and is denominated in USDT.Find out more about DEFI Index and trade DEFIUSDT.Highlights From This WeekTake Part in This Week’s ActivitiesWinBUSDday - Users who trade BUSD-margined Futures contracts during each qualifying period on Wednesday will have a chance to get rewarded with a 30 BUSD Futures Bonus Voucher.Get Verified and Win! - Binance launched the second round of Enterprise Verification to give users a 1,000 USDT USDⓈ-M Futures cashback voucher for completing enterprise verification and opening a Futures account. Margin Friday - Users who complete an average daily margin trading volume of 1,000 BUSD, or borrowing volume of 100 BUSD on Binance Margin, and complete identity verification by the end of the promotion, will be eligible to share 20% trading income.Trade Our New Listings ROSE - Coin-margined ROSE perpetual contracts with up to 20x leverage are now live on Binance Futures. (Trade ROSEUSD)New UpdatesDerivatives Portal - Binance Futures has launched the Derivatives Portal to provide traders with the latest updates about the trading platform and different analytic metrics. Auto Parameters - Grid trading is a strategic tool to automate buy and sell orders at preset intervals and preset price ranges in Binance Futures. The new auto parameters function allows anyone to create a grid trading strategy with just one click.Reporting Taxes - Binance allows users to download their trading history to ease the process of reporting taxes on trades performed. Services Suspension - Binance to cease XTZUP, XTZDOWN, LTCUP, and LTCDOWN trading and subscription services on Jan. 27th.Borrowable Assets - CELO, COTI, FLUX, HBAR, ICX, POND, and YGG were added as new borrowable assets on Cross Margin.Trading Pairs - BTC/USDC, CELO/BUSD, ETH/USDC, FTM/ETH, LINK/ETH, LUNA/ETH, POWR/ETH, SAND/ETH, SOL/ETH, SYS/USDT, and XMR/ETH were added as new pairs on Isolated Margin.News Roundup BNB Burn - The 18th quarterly BNB token burn of 1,684,387.11 BNB has been completed, including an additional 6,296.305493 BNB that was effectively burned via the Pioneer Burn Program. (Trade BNBBUSD)Network Upgrade - Polygon implemented the much-awaited EIP 1559 upgrade, introducing a discrete fee mechanism that has a deflationary effect on MATIC. (Trade MATICUSDT)Further Development - Terra Ecosystem announced the launch of the LUNA Foundation Guard (LFG), a non-profit organization with a mission objective to support and sustain the growth of open-source technology. (Trade LUNAUSDT)Going Open-Source - Hedera Network purchased the intellectual property rights for the hashgraph consensus algorithm from Swirlds, Inc., to shift to an open-source code model this year. (Trade HBARUSDT)All In - One of the greatest heavyweight boxers of all time, Mike Tyson, took to Twitter to let his fans know that he is “all in” on Solana. (Trade SOLBUSD)* Note: Binance encourages our users to trade responsibly. Trading can be engaging and fun, but trading is a serious business and it can lead to financial and emotional distress. Trading derivatives carries risk, and furthermore, cryptocurrencies and other digital assets often have high levels of price volatility. Disclaimer: The information provided in this section doesn't represent any investment tips or Binance's official position.

The global cryptocurrency market cap now stands at $1.99T, down by 2.57% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $41,453 and $42,755 over the past 24 hours. As of 1:08 pm (UTC) today, BTC is trading at $41,679 down by 2.12%.Most major cryptocurrencies by market cap are trading lower.Market outperformers included Kava Lend's HARD token which gained 20% in the run up to the launch of the Kava 9 mainnet, COTI which gained 12%, and PROM with over a 10% gain.Top stories of the day:Polygon's token (MATIC) burn starts as EIP-1559 upgrade launches on its mainnetAltcoins challenge Bitcoin's dominance in digital paymentsOpenSea hits another ATH for monthly trading volume, exceeds $3.5B in ETHMarket movers:ETH: 3,152.07 (-3.39%)BNB: $465.3 (-2.55%)SOL: $136.88 (-3.74%)XRP: $0.7456 (-2.13%)ADA: $1.495 (-1.64%)LUNA: $75.23 (-6.65%)AVAX: $85.34 (-3.73%)DOT: $24.75 (-6.04%)DOGE: $0.1633 (-4.05%)SHIB: $0.00002776 (-4.74%)Top gainers on Binance:HARD/BUSD (+20%)COTI/BUSD (+12%)PROM/BUSD (+10%)