Extra gains could be likely for CVX, based on classical charting pattern.
Convex Finance (CVX) has seen a continuous downtrend since the crash at the end of July, with its price steadily declining each day. This prolonged drawdown has resulted in CVX reaching a new all-time low.
Amid the growing volatile market, the CVX price trend teases a double-bottom reversal within a descending triangle. Furthermore, with a market cap of $211M, Convex Finance is up by 4.47% in the last 24 hours, with a potential bull cycle ahead.
Amid the growing volatile market, the CVX price trend shows a bullish rally in motion. Despite the intraday pullback, the recovery rally in the altcoin teases a breakout run as the demand grows. With the overnight surge creating a solid bullish recovery, the CVX price teases a 2x rally upon breakout.
Binance will extend the Monitoring Tag to include 11 new tokens and remove it from two tokens effective July 1, 2024.
The price of Convex Finance (CVX) saw a sharp decline on Friday morning as selling pressure mounted amid a significant dump from a whale. Data from CoinGecko showed CVX price at $3.15 at the time of writing, down sharply from intraday highs of $3.44 reached just hours earlier.
OKX to enable USDT-margined perpetual futures, margin trading, and Simple Earn for CVX on June 25, 2024.
TL;DR CVX Price Surge: Convex Finance's CVX token price has skyrocketed by over 50% in 24 hours, setting new trading volume records on platforms like Binance and Bybit. Market Cap Growth: The market cap of CVX has reached $415 million, with a daily trading volume increase of 2,800%, indicating a strong market interest.
AMBCrypto explains the reasons behind the incredible surge while touching on the next steps for CVX.
The price of Convex Finance (CVX) recorded an impressive rally over the past day. Now, traders are betting on its downturn.
As the crypto market reaches the $3 Trillion cap, the altcoins are rising to higher levels, lost during the bear run of 2022. Amidst this bull run, a DeFi token, Convex Finance's CVX, aims to regain the uptrend and scale back to new heights.
Radicle, the open-source, peer-to-peer (P2P) code collaboration stack, has announced the launch of Radicle 1.0, according to the information shared with Finbold on March 26.
Radworks takes the second spot on CoinGecko's top gainers report with a 41.5% price surge in the last 24 hours, pushing the token to $2.60.
The cryptocurrency industry had a relatively mixed year in 2023. It started the year well and then resumed the crypto winter where most coins were in a narrow range. It then bounced back in the fourth quarter, with most coins and tokens surging. There are now over 11,600 cryptocurrencies, according to CoinGecko.
The Convex Finance community has initiated a critical proposal for the adjustment of the FXS Protocol fee structure, with voting now underway.
Binance will be removing more trading pairs soon. Find out which.
Binance delists 22 spot trading pairs in three phases, starting at 05:00 UTC on September 8, 2023. Users are advised to update or cancel their bots and convert BUSD assets into other available assets before February 2024.
ConvexFinance, a prominent platform facilitating CRV staking and liquidity mining, has taken a significant step toward enhancing its functionality.
Suspected Terraform Labs address sells 110,000 CVX tokens, attracting attention.
The Reserve team said the investment could allow for new features such as collateralized loans and wallet products.
Radicle is a peer-to-peer network used by developers to collaborate in the creation and management of software, fully decentralised and with a crypto acting as a governance token, known as RAD.
Market research firm Santiment has identified five altcoins that are potentially ready for growth as they approach what could be their lowest points. Despite the current market fluctuations, with Bitcoin and Ethereum holding their positions, these five altcoins are entering opportunity zones where traders may see significant upside potential.
Today's cryptocurrency market highlights Bitcoin SV (BSV), Kava (KAVA), Luna Classic (LUNC), Bitcoin Cash (BCH), SUI (SUI.io), and PEPEcoin (PEPE) as top gainers. On the other hand, Stacks (STX), Casper (CSPR), Render Token (RNDR), Convex Finance (CVX), Injective Protocol (INJ), and Woo Network (WOO) are facing losses.
Recall that Cardano, whose native crypto is ADA, is an open source cryptocurrency-related project that aims to create a public blockchain platform for the management of smart contracts.
The native governance token of the open-source blockchain network Radicle (RAD) is seeing massive gains this week amid news of a major upgrade. Sovereign code infrastructure Radicle recently told its 34,300 followers that issues and pull requests are now closed in anticipation of the upcoming Heartwood upgrade.
Radicle's RAD token has witnessed a price increase of more than 50% in the last 24 hours despite the widespread crypto market weakness.
A popular crypto analyst is detailing the fundamental reasons why a decentralized finance (DeFI) altcoin is one of his highest conviction plays for the next bull rally. The pseudonymous analyst known as Credible Crypto tells his 339,000 followers that he has his radar locked on Convex Finance (CVX).
This week, the price of cryptocurrencies has risen above moving average lines.
Investors appear to be rallying around decentralized finance (DeFi) protocol Convex Finance (CVX), which has inked 8.98% growth to $5.57, per CoinMarketCap's data. Convex Finance's growth is a testament to the encompassing growth rally in the industry today, which has also spread to the less popular DeFi protocols.
In the last quarter of 2022, Convex Finance [CVX] committed to integrating several sidechains on its network. So, on 9 March, the liquidity provider announced that it had launched on Polygon [MATIC] to further foster the mission.
February 2023 brought a correction phase in the majority of major cryptocurrencies. As a result, the Convex Finance coin turned down from the $7.1 resistance and tumbled 23.75% down to reach $5.5 support.
DYDX, MINA, Optimism (OP), Loopring (LRC), and Convex Finance (CVX) lead the pack this week as the biggest crypto market gainers.
The cryptocurrency market has seen a remarkable surge across January 2023, with many digital assets showing an upward trajectory. Established coins with a proven growth track record are among the market leaders, while altcoins have shown phases of price breakouts.
A v-shaped bullish reversal from the $3 psychological support surged the Convex Finance coin 67% higher to reach the current price of $5.054. The bullish rally is currently challenging a monthly resistance of $5, offering further growth potential for coin holders.
On January 11, 2023, RVN, CLV, CVX, ANT, and PHA became available to buy on Okcoin in the United States. Withdrawals will be available soon, the Okcoin team confirmed.
Unlike the majority of major cryptocurrencies, the convex finance coin started its recovery rally a bit late, that is, from the second week of January. However, this altcoin made up for the lost time, as it witnessed a nearly perpendicular growth in the last ten days.
Convex issues an update to its staking mechanism amidst competition from Yearn Finance and Stake DAO.
As part of its 2023 reforms, Convex Finance [CVX] announced some changes to the way staking works on its protocol.
Thanks to the underlying innovation, nuclear fusion stocks to buy may become a viable topic as the tech gets fleshed out.
BNX, XDC, RAD, RLC, TON are five altcoins that has a positive performance last week. The post BinaryX (BNX), XDC Network (XDC), and Radicle (RAD) Lead the Charge in the Best Performing Altcoins appeared first on BeInCrypto.
In spite of its sixth position on the Total Value Locked (TVL) standings, Convex Finance [CVX] failed to send the DeFi TVL to its lowest since February 2021. The Curve Finance [CRV]-based staking platform defied the trend shown by other top protocols, leading to a 34.44% increase in the last 30 days.
BeInCrypto takes a look at five altcoins that decreased the most from the entire crypto market last week, more specifically, from Nov. 25 to Dec. 2. The post Convex Finance, Curve DAO Token, Nexo, Solana, and Bitcoin Cash Take a Beating This Week appeared first on BeInCrypto.
The Convex Finance (CVX) price stands at the neckline resistance($6) of an inverted head and shoulder pattern. A bullish breakout from this resistance offset the ongoing consolidation and bolstered a new recovery rally for CVX.
This article is all about the top 5 cryptocurrencies that displayed good performance in the last seven days. Let's take a look at it in more detail.
According to the data from Dune Analytics, of the 16 unlocks scheduled to free up vote-locked 52.2 million CVX tokens, only one is left to go.
Convex Finance, a DeFi protocol built on Curve Finance, commenced unlocking its CVX tokens as of 30 June. This was undertaken to combat the limited liquidity crisis that hindered the swapping of CVX tokens to Ethereum [ETH] on its protocol.
The USD's DXY Index is again ranging at a 20-year high ahead of the FOMC meeting, interestingly, Bitcoin price is also trading above $19,000 at the moment.