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.

There was some unexpected drama in the Shiba Inu (SHIB) world recently, when one of the enthusiasts spoke up to the crypto project lead, Shytoshi Kusama. The issue the enthusiast raised was that the Shiba Inu team does not seem to be paying enough attention to key assets in the ecosystem, like the BONE token.

The future of Shiba Inu ($SHIB) is tied to a crucial token within its broader web3 ecosystem, the meme coin project's pseudonymous leader Shytoshi Kusama revealed on X on Tuesday.

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.

Shiba Inu's lead developer Shytoshi Kusama recently took to X, highlighting an exchange's blunder related to TREAT, a Shiba Inu ecosystem token. In a post shared by the lead dev on July 21, it was brought to attention that Crypto.com conveyed incorrect information about the token to users.

Binance will extend the Monitoring Tag to include 11 new tokens and remove it from two tokens effective July 1, 2024.

How exactly did Polkadot and Kusama go from being close relatives to distant cousins?

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.

Binance Futures announces updates to leverage and margin tiers for KSMUSDT, DASHUSDT, IOTXUSDT, ASTRUSDT, and KAVAUSDT USDⓈ-M Perpetual Contracts.

OKX has partnered with P2P.org to introduce advanced staking for four major crypto assets, including ADA, DOT, KSM, and TIA. The post P2P.org teams up with OKX to launch institutional-grade staking for ADA, DOT, KSM, and TIA appeared first on Crypto Briefing.

SubQuery Network, a Web3 infrastructure provider, has unveiled two new decentralized Remote Procedure Calls (RPCs) for the Polkadot ecosystem. Available for Polkadot or Kusama, these RPCs mark the first decentralized RPCs on Substrate-based networks.

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.

With the recent comeback of buyers in the market, the altcoin could witness a reversal rally to set ablaze a bull run. As the chances of a new all-time high are increasing, the KSM price could be a worthy investment. So, checkout our Kusama price prediction NOW! Kusama is popularly known as ‘Polkadot's canary chain.

In return, they get rewards, usually more tokens. This not only encourages people to help secure the network but also lets investors earn money without doing much.

A small-cap crypto project built on Kusama (KSM) has exploded by more than 188% this week amid widespread momentum among Polkadot (DOT) ecosystem projects. Moonriver (MOVR) is an Ethereum (ETH)-compatible parachain built on Kusama. The project serves as a canary network to test code for Moonbeam (GLMR), a smart contract platform for cross-chain connected applications.

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.

In a remarkable move within the Shiba Inu ecosystem, lead developer Shytoshi Kusama has hinted at an upcoming monumental token burn, aiming to leverage a staggering $1.2 million in Shibarium gas fees. This strategic maneuver, shared during an engaging exchange, promises to wield significant implications for the popular SHIB token and its ever-enthusiastic community.

As the cryptocurrency market continues to evolve, investors face a diverse array of assets, each with its unique features and investment potential. However, not all cryptocurrencies present favourable trading opportunities at all times.

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

In a recent revelation, the blockchain analytics platform Santiment has shed light on a significant shift in the crypto development landscape. Polkadot (DOT) and its canary test network, Kusama (KSM), have surged ahead of Cardano (ADA) in terms of development activity on the widely-used hosting platform GitHub.

Blockchain analytics platform Santiment says that two Ethereum (ETH) rivals are surpassing Cardano (ADA) in one major area. According to a new Santiment blog post, Polkadot (DOT) and its canary test network Kusama (KSM) are now seeing more development activity on the development hosting platform GitHub than Cardano during the past 30 days.

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.

Tether, the firm behind the largest stablecoin by market cap, has officially ended support for three different blockchains. On Thursday, the stablecoin issuer stopped minting USDT on Kusama (KSM), Bitcoin Cash's (BCH) Simple Ledger Protocol (SLP), and Omni Layer (OMNI).

Tether, the largest stablecoin issuer, announced it would stop supporting several smaller blockchain protocols over the coming year. This move reflects Tether's migration toward larger networks like Ethereum and Tron. Specifically, Tether will cease issuing and interacting with the dollar-pegged USDT token on Omni, Kusama, and Bitcoin Cash by August 17th, 2022.

Effective immediately, Tether will halt minting USDT on Omni, Kusama, and BCH-SLP layers

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

The “blockchain of blockchains” Polkadot ($DOT) is currently the leading cryptocurrency network by development activity, and it's followed by Kusama ($KSM), a public pre-production environment for it, and by smart contract platform Cardano ($ADA).

The annual Futurist Conference, a prominent event in the blockchain and cryptocurrency world, held in Canada, became a stage for Shytoshi Kusama, the lead figure of Shiba Inu, to deliver an impactful speech outlining his ambitious vision for the cryptocurrency's future. With a lineup of distinguished speakers including Ethereum co-founder Anthony Di Iorio and IO Global founder Charles Hoskinson, the conference, which took place on August 15-16, provided a platform for thought leaders to share their insights and perspectives, shaping the trajectory of the cryptocurrency landscape.

The illustrious Futurist Conference, a premier event for blockchain and cryptocurrency enthusiasts, served as a dynamic stage for Shytoshi Kusama, the driving force behind the popular cryptocurrency project Shiba Inu. Amidst a gathering of esteemed figures, including Ethereum co-founder Anthony Di Iorio and IO Global founder Charles Hoskinson, Kusama's discourse resonated deeply with the power of community and Shiba Inu's distinctive position in the rapidly evolving landscape of cryptocurrencies.

At the 5th annual Futurist Conference, Canada's leading blockchain and cryptocurrency event, Shiba Inu's lead, Shytoshi Kusama, delivered a compelling speech outlining his vision for the future of the cryptocurrency.

Shiba Inu's lead Shytoshi Kusama has hinted at an upcoming announcement specifically targeted toward LEASH token holders.

The Shibarium protocol has been designed to integrate a wide selection of decentralized applications. According to the news on the Shibarium Protocol Discord Server, Shytoshi Kusama stated that Shibarium will also be dealing with the minting of non-fungible tokens.

Shytoshi Kusama, the mysterious leader of the Shiba Inu developers, explained his recently made statement "SHIB > X." There was a special intention behind this move, according to Shytoshi.

The pseudonymous leader of the SHIB developers and their community, Shytoshi Kusama, has warned SHIB users on Discord regarding issuing NFTs on Shibarium, which will become possible once the Layer 2 blockchain is launched on mainnet.

The cryptocurrency world has been abuzz with the recent revelations from Shytoshi Kusama, the lead developer of Shiba Inu, one of the most well-known meme coins in the crypto space. Shiba Inu, often dubbed the “Dogecoin Killer,” has garnered significant attention for its dog-themed branding and passionate community.

Shiba Inu lead Shytoshi Kusama took to social media with a cheeky equation that appears to hint at the cryptocurrency's future prospects compared to Elon Musk's revamped platform, X.

The leader of the SHIB developer team known under the pseudonym Shytoshi Kusama has taken to Twitter (X app) to share an anime-style GIF, signing it with "MOOD."

Shiba Inu's (SHIB) upcoming blockchain-based digital identity project will have a “myriad” of use cases that will help maintain decentralization, according to pseudonymous memecoin lead developer Shytoshi Kusama. Shib, the ecosystem's official Twitter account, announced last week that Kusama is planning to integrate Self-Sovereign Identity (SSI) in all Shiba Inu projects.

The lead developer of Shiba Inu Shytoshi Kusama has been actively battling against a wave of misinformation and scams targeting the meme coin's investors.

Shytoshi Kusama, the pseudonymous leader of the Shiba Inu team, has responded to a recent tweet by Brian Armstrong, the chief executive of the Coinbase exchange. Armstrong presented the "Onchain Summer" campaign for Coinbase customers.

Shiba Inu's lead Shytoshi Kusama recently announced a significant development for the cryptocurrency ecosystem. In a move aiming to solidify the operations of the upcoming Layer 2 blockchain, Shibarium, Kusama revealed that they will mint the remaining supply of BONE tokens, followed by the renouncement of the BONE contract.

Interoperability blockchain Polkadot (DOT) and its canary test network Kusama (KSM) continue to outrun the rest of the crypto space in terms of development activity, according to the crypto analytics firm Santiment. Santiment notes that Polkadot and Kusama both registered 527.7 notable GitHub commits in the past 30 days, leading all other crypto projects.