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EVM

PULSECHAIN can continue it's recovery...The chart shown is the EVM sidechain of Ethereum --- PLS / by ETH itself So as this chart produces Green candles. PLS is earning you more Ethereum and Red candles mean you are losing ETH value. For any ratio it is the same deal. i.e BTC/USD. Green equals more USD. RED = less USD. We have a clear bottom formation yet to truly break out. But almost there. As we have seen with other blockchains due to liquidity bonding. When the Native gas token goes up... the smaller altcoins on the chain start really flying
PULSEX:WPLSDAI_E56043.USDLong
by BallaJi
Terra Classic's Bold Move: EVM Integration and the LUNC SurgeThe Terra Classic community has recently made waves in the crypto sphere with its groundbreaking proposal to integrate the Ethereum Virtual Machine (EVM) into its platform. This strategic move has captured the attention of the global crypto market, positioning Terra Classic as a player to watch in the evolving landscape of blockchain technology. EVM Integration Unveiled: In a significant development, the Terra Classic community unveiled its successful EVM proposal, signaling a new era for the platform. By embracing the Ethereum Virtual Machine, Terra Classic aims to enhance its flexibility and align with the latest advancements in the crypto space. This move positions Terra Classic to become compliant with emerging technologies globally, opening the door to exciting possibilities for its native token, $LUNC. EVM's Dominance and Terra Classic's Vision: The decision to integrate EVM comes as no surprise, given its status as the gold standard for blockchain development since 2013. EVM boasts a massive network, encompassing over 910 separate chains. Terra Classic's strategic alignment with EVM reflects a vision to leverage the dominant standard in the crypto realm, facilitating interoperability and adoption of widely-used blockchain development standards. The Voting Landscape: The proposal faced a divided community, with 44% in favor, 42% against, 12.06% abstaining, and a minimal 0.20% voting with a veto. Despite the divided sentiments, the proposal is gaining traction, inching closer to the 50% pass threshold. This democratic process showcases the Terra Classic community's commitment to inclusive decision-making and reflects the importance of the EVM integration to the platform's future. Impact on Transactions and Processing Power: With EVM support, Terra Classic anticipates a significant boost in transaction processing capabilities. The integration aims to enable the platform to handle a higher volume of transactions efficiently. This enhancement in processing power is poised to elevate Terra Classic's standing in the crypto space, attracting attention from developers and projects seeking a robust and scalable blockchain infrastructure. $LUNC Price Movement: In response to the EVM integration proposal, the price of $LUNC experienced a minor surge of 0.70%, currently trading at $0.00012579. However, the weekly chart paints a more optimistic picture, showcasing a notable 5.80% surge. As the market digests the implications of the EVM integration, crypto enthusiasts are eagerly anticipating a potential surge in $LUNC prices in the near future. Conclusion: Terra Classic's strategic move to integrate EVM reflects a commitment to innovation and adaptability in the ever-evolving crypto landscape. The community's decision to embrace EVM positions Terra Classic as a platform ready to harness the power of widely-accepted blockchain standards. As the proposal gains momentum, the future looks promising for both Terra Classic and its native token, $LUNC, with the potential for increased adoption, interoperability, and a surge in market value.
Long
by DEXWireNews
2
Evmos Foundation Recovers $7.6 Mln from Former Co- Founder Evmos recovers $7.6M in tokens from ex-co-founder, realigning distribution and reinforcing project stability amid token value challenges. The Evmos Foundation has successfully reclaimed 59.4 million tokens, equivalent to $7.6 million, from Akash Khosla, its former co-founder. This development follows a period of uncertainty and operational disagreements that led to Khosla’s departure last year. The recovered tokens, which include both vested and unvested amounts, mark a step towards realigning the token distribution in favor of the current team and contributors actively involved in Evmos’ growth. Khosla’s Decision and Its Impact Khosla, who separated from Evmos due to differing views on operations, has expressed that returning the tokens aligns with the best interests of the project and the community. This move is seen as a corrective step following concerns that arose in May 2023 when Khosla allegedly attempted to offload many Evmos tokens in the market. The return of these tokens is expected to bolster the distribution strategy, ensuring that those dedicated to the project’s advancement retain control of the crucial resources. Evmos Foundation’s Response Evmos, a Cosmos-backed blockchain compatible with Ethereum applications, has faced challenges since its launch in 2022. Moreover, the value of its native token plummeted by 98%, dropping from an initial price of $6.8 to around $0.13. This decline was exacerbated by the market reaction to the news of Khosla’s token sale. In response, the Evmos community has taken decisive actions to stabilize and enhance the token’s value. A noteworthy step in this direction is approving a proposal to burn 136 million tokens from the user incentives balance in the upcoming network upgrade. This strategy is part of a broader effort to improve the project’s tokenomics, particularly addressing the high inflation that has been a concern since the token’s inception.
Long
by DEXWireNews
2
Tesla could be on the verge of a strategic pivotWall Street analysts are focused on the company's gross margin levels after it implemented several price cuts, as well as any commentary on its outlook for demand in both the US and in China. The EV maker already reported third-quarter deliveries of 435,059, which was below Wall Street expectations of 451,000 vehicles. Tesla said downtime at its factories in Shanghai and Dallas led to a slight decline in vehicle production during the quarter. From an earnings perspective, here's what Wall Street expects from Tesla, according to data from Bloomberg: Revenue: $24.9 billion Adjusted earnings per share: $0.91 per share Gross margins: 18.2% Other items that will be on watch by investors is any update related to the company's planned launch of its Cybertruck, the impact its vehicle price cuts have had on demand, and the earnings potential of its EV charging network after it struck deals with a slew of automakers, among other things. Our view is that Tesla could be in the midst of a strategic pivot from making cars to becoming a Tier 1 supplier. For Tesla's pivot, we see charging infrastructure, batteries, and drive units as being key in gaining access to OEMs as customers," RBC said in a recent note. The bank highlighted that for Tesla to hit its 2023 delivery target of 1.8 million vehicles, it would have to deliver 476K units in the fourth-quarter. "This would require production to quickly return to normal levels," RBC said. RBC reiterated its "Outperform" rating and $305 price target, representing potential upside of 20% Spike.
NASDAQ:TSLALong
by DEXWireNews
Cardano - Going EVM to expand aggressively ‘Cardano Will Be a Top EVM Chain Next Month’ Cardano users are soon expected to be able to access Ethereum Virtual Machine (EVM) contracts straight from their Cardano (ADA) wallets, increasing the network’s value for users and developers. An Ethereum Virtual Machine (EVM) is a runtime environment for executing smart contracts on the Ethereum blockchain. It functions as a decentralized virtual computer that developers can use to create decentralized applications (dApps) and deploy smart contracts. The EVM ensures the security and isolation of smart contracts from the broader Ethereum network while enabling the execution of contract code. EVM is designed to be both blockchain-agnostic and language-agnostic, meaning that it can potentially be implemented on other blockchains, and developers can use various programming languages to write smart contracts. However, Solidity is the most widely used language for coding Ethereum smart contracts. , the new feature will support transactions using pure ADA and will expand Cardano’s user base, elevating its status among EVM chains. Furthermore, Cardano is set to become the largest EVM chain with fully operational staking rewards. developers who build on Cardano’s EVM layer can look forward to automatic payments every five days. The new feature will permit Ethereum application developers to build on the Cardano network using Solidity, the programming language employed for coding Ethereum, without installing new toolkits or learning a different language. Consequently, these applications can exclusively use $ADA tokens rather than $ETH, enhancing utility for $ADA token holders. Looks like a good move from ADA as it can potentially canibalize some of Ethereum's pie. One Love, The FXPROFESSOR PS. The chart offers you are key levels of S/R: 0.3795 is support 0.469 and 0.519 are targets we see in the very near future.
Long
by FX_Professor
1
$FTM/USDT 90m (#BinanceFutures)Falling broadening wedge breakoutFantom is pulling back to 50MA support and looks good for a bounce then a short-term recovery! Current Price= 0.7531 Buy Entry= 0.7432 - 0.7050 Take Profit= 0.8346 | 0.9233 | 1.0164 Stop Loss= 0.6354 Risk/Reward= 1:1.25 | 1:2.25 | 1:3.3 Expected Profit= +15.26% | +27.51% | +40.37% Possible Loss= -12.25% Fib. Retracement= 0.559 | 0.786 | 1 Margin Leverage= 1x Estimated Gain-time= 1 week Tags: #FTM #FTMUSDT #Scaling #PoS #Staking #DAG #SC #EVM #Enterprise #DApp #DeFi #BSC #BC #SolEco Website: fantom.foundation Contracts: #Mainnet #ERC20 0x4e15361fd6b4bb609fa63c81a2be19d873717870 #BEP20 0xad29abb318791d579433d831ed122afeaf29dcfe #BEP2 FTM-A64 #SPL 8gC27rQF4NEDYfyf5aS8ZmQJUum5gufowKGYRRba4ENN #CELO 0x218c3c3d49d0e7b37aff0d8bb079de36ae61a4c0
Long
by TradingOn
$KLAY/USDT 4h (#BinanceFutures) Symmetrical triangle on supportKlaytn is pulling back to 200MA where we expect it to bounce and resume bullish, risky but probably worth it! Current Price= 1.2430 Buy Entry = 1.2424 - 1.2214 Take Profit= 1.2982 | 1.3572 | 1.4242 Stop Loss= 1.1789 Risk/Reward= 1:1.25 | 1:2.36 | 1:3.63 Expected Profit= +21.52% | +40.68% | +62.44% Possible Loss= -17.20% Fib. Retracement= 0.618 | 1 | 1.414 Margin Leverage= 4x Estimated Gain-time= 3 weeks Tags: #KLAY #KLAYUSDT #Blockchain #Scaling #Metaverse #Gaming #Enterprise #EVM #DApp #Governance Website: www.klaytn.foundation Contract: #Mainnet
KLong
by TradingOn
Aurora (SLEEPER THAT MAY BE A KEEPER LONG TERM)Aurora is the Layer 2 smart contract solution on NEAR PROTOCOL which is the rank # 23 on coin market cap. Aurora is an EVM (EThereum Virtual Machine) As of yesterday the market cap was around 18 million. Today the market cap is sitting at 30 million. Alt high of 5 cents. Currently trading below 3 thousandths of a cent Weekly break and retest confirmed. Momentum coming in VIA volume and market cap indications. I'm expecting this smart contract layer to preform very well in 2022. I have 3 plotted out take profit points located at the golden ratio extensions. However I can see this coin doing very well in the 3-5 year mark as a HODL Keep Stacking It -HP
ALong
by Harmonicpuma
3
Bitcoin Cash: Is it dead or an underdog? 10K - 25K conservativeThis is currently in the accumulation zone. There has not been much public interest on Bitcoin cash. Or mostly crypto as a currency only project. But prepare to be surprised. With low fee and EVM compatible smartBCH smart contract platform, it is going to take everyone off by surprise. This is a scarce resource, so expect moves to be not incremental but parabolic advancement within very short timespan. With enough liquidity and volume on the market the only way is upwards. Most people definitely won't be buying at current lows, which is missed opportunity.
COINBASE:BCHUSDLong
by sytherax
2
CROUSDT Complex momentum-shifting-structureCRO been goin crazy in the last couple weeks and it all started with the legendary inverse head and shoulder pattern that formed from june to end of july and broke the neckline in early august. From there CRO been mooning from below $0.1 and hit a ATH around $0.98 on Nov. 24. Since then CRO sold off after showin bearish divergences on the daily rsi and to me it was quite difficult to tell what CROUSDT is actually doing. But with more data theres more clarity. Its quite astonishing to see all the Patterns that the Chart throws at us. Instead of callin for exact patterns Names or deciding for one over the other, one should look at what this patterns trying to tell us as traders and analysts. CRO made a lower low double bottom, broke a supply line (dragon or creek) and flipped it to a support, while forming higher lows and painting another inverse head and shoulder pattern, inside of a potential ascending triangle. All in all its a complex momentum-shifting-structure which could lead to a continuation of the Rally. Also short timeframe oscilators imply that this could be the new bottom for CRO. With all this intel its getting pretty easy to manage risk here. If CROUSDT can continue to make higher lows and doesnt fall below $0.65 and doesnt break the demand line of the potential ascending triangle its safu. There are 2 Ways to trade this either with a stop loss around the demand line for a short term trade or with a SL below $0.65 for a short swing trade. But its a small structure at high premium levels so i would not recommend to actually act on this setup. No Value at those levels even tho it could go much higher from here. Altough there were alot of technical arguments for CRO, the pumpage we saw in the last weeks been mostly fundamental. Crypto.com launched the Beta for their CRONOS EVM-Chain Mainnet on Nov 9. which is revolutinary because the company combines defi with cefi and enables frictionless transfer of defi gains directly on to their visa cards. I used alot of farms and stuff on other chains, but never felt as safe as on CRONOS since CDC is heavily compliant with regulators and alot of projects on chain are financed by CDC so the chance of rugpulls reduces drasitically. I also generate enough passive income thru the Dapps that i was able to quit my job. this is no financal advice or CRO shilling, just my honest opinion about the asset i monitor the most because i hold 75% of my networth in CRO and multiplied my BTC holdings since march 21 thanks to this asset.
Long
by luyestefan
4