Donald Trump's victory in the U.S. presidential election appears to be the primary driver behind DeFi protocols' notable outperformance.

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.

The recent interest rate cuts by the Federal Reserve have triggered a surge in whale activity for key altcoins like Fantom (FTM), Immutable X (IMX), and Basic Attention Token (BAT), according to Santiment, a leading market intelligence platform.

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.

Privacy-focused web startup Brave has cut approximately 15% of its workforce, its second round of layoffs with the past 10 months.

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.

Binance Futures, the futures trading arm of the crypto exchange Binance, has announced significant operational changes that will impact various perpetual contracts. The exchange plans to delist and adjust the leverage and margin tiers for STP (STPTUSDT), Status (SNTUSDT), MovieBlock (MBLUSDT), Radworks (RADUSDT), and Convex (CVXUSDT) perpetual contracts.

Explore these emerging cryptos to buy amidst market uncertainty, balancing potential gains with the risks of the volatile crypto market.

As the Bitcoin Halving year refires the spirit of buyers in the market, the altcoins are being the top choice of investment for high returns. One such project is the Basic Attention Token, which is built to incentivize traders. Basic Attention Token works on Proof-of-Work (PoW) consensus mechanism backed by the Ethereum miner network.

Cryptocurrency investment products saw minor outflows over the past week as investors became seemingly hesitant on the market ahead of Bitcoin's upcoming halving event, while volume rose from $17 billion to $21 billion, and various altcoins saw significant inflows.

Dive into the digital realm with three Web3 cryptos set to redefine the internet and offer promising returns. Don't miss the bull run.

Explore the potential for seven-figure returns with these cryptos to buy for massive gains as the Bitcoin halving event approaches.

Here are three cryptos to buy with multi-bagged potential for long-term investors with a relatively long investing time horizon.

Brave Browser revealed its initial rollout on self-custody BAT reward payouts. Notable, the network has selected the Solana (SOL) blockchain due to its low fees and high speed. Basic Attention Token rewards on Solana will start with a few cohorts of early Brave users before the global rollout.

Brave Browser has announced the rollout of self-custody Basic Attention Token (BAT) payouts, choosing the Solana blockchain for this initiative.

If meme cryptos do see a resurgence in investor interest, these three digital assets could be poised to have a nice boom in short order.

The on-chain analytics firm Santiment has revealed some altcoins currently witnessing high interest from the whales. Whale Transactions Have Spiked For These Altcoins Recently In a new post on X, Santiment has discussed how several altcoins have been showing interest from the whales.

Relatively young cryptos are all projects that are overlooked relative to the mega-cap cryptos that most investors know well.

These undervalued cryptos deserve a place in your portfolio amid a Bitcoin spot ETF approval and the looming halving event in April.

These three hidden gems within the crypto sector are certainly worth exploring, for investors seeking significant upside potential.

These three cryptos are worth buying for those who believe that unique use cases trump all other investment factors.

Basic Attention Token. It is a utility token based on the Ethereum technology that can also be used as a unit of account between advertisers, publishers, and users in a new, blockchain-based digital advertising and services platform.

Dogecoin rewarded long-term crypto investors after many years. These meme coins can become the next Dogecoin in a few years.

Bitcoin's rally to the $35,000 level has revealed additional cryptos to buy. These coins have great future prospects.

With numerous cryptocurrencies available, start with the top ten by market cap for familiarity and stability.

The Convex Finance community has initiated a critical proposal for the adjustment of the FXS Protocol fee structure, with voting now underway.

For investors looking to diversify into the digital assets space, here are three overlooked cryptos to buy to add to the watchlist.

Binance will be removing more trading pairs soon. Find out which.

Here are three top cryptos which provide investors with the potential for sky-high growth over the medium- to long-term.

ConvexFinance, a prominent platform facilitating CRV staking and liquidity mining, has taken a significant step toward enhancing its functionality.

In a recent community call, Basic Attention Token (BAT) founder Brendan Eich said they will implement on-chain BAT payouts without KYC

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.

Most investors know that tokens that provide utility to the ecosystem that they help function generally make much better investments, as unlike coins that do not provide utility like meme coins, utility tokens will benefit from a consistent buying pressure brought about by the required use of the token.

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.

Cryptocurrencies and tokens in general have prices that vary widely over time. In particular, over the years they make big rises and big falls, but for Basic Attention Token (BAT) the situation is a bit different.

Discover the potential of Web 3.0 Cryptos, the latest generation of cryptocurrencies that leverage blockchain technology and smart contracts.

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.