Stock markets are making decent gains on Tuesday, bouncing back quickly from the disappointment late Monday as Fed Chair Powell turned the hawkish dial up a notch. It didn’t take long for investors to get over the latest disappointment as they prepared for interest rates rising to around 2% by the end of the year. […]

The New Zealand dollar is up sharply on Tuesday. In the North American session, NZD/USD is trading at 0.6943, up 0.83% on the day. NZ consumer sentiment falls sharply Westpac Consumer sentiment slowed for a third straight quarter, and the Q1 release showed a sharp drop, falling from 99.1 to 92.1. The 100-level separates optimism […]

Ethereum is on a deflationary course as The Merge approaches.

Uniswap (UNI) has been on the rise as buyers try to keep prices above the moving averages. Today, UNI has risen above the 21-day moving average and reached the high of $9.71.

European technology companies have undeniably entered the global stage to compete with tech made in Silicon Valley. While the United States is still home to 4 times the amount of tech companies worth more than 1 billion USD (so-called “unicorns”), Europe is catching up at speed and breeding unicorns faster than the US ever did. […]

The post Europe’s biggest report on Uni- and Soonicorns appeared first on Fintech News.

Ethereum is well on its way to the Merge as more milestones are met. The move to proof of stake will no doubt be a game-changer for the blockchain. So As the day for the merge draws closer, users of the network have been upping their activity in recent times. One of the places where Ethereum has recorded an uptick has been the staking queue which is now nearing its previous all-time high. Ethereum Staking Queue Crosses 300,000 The Ethereum staking queue is a good indicator of how users of the network are looking at it. When this is low, investors may be more way and not want to stake their coins on the network. However, when this number begins to go up, it signals a number of things for Ethereum, among them, being that users are looking more positively at it. Related Reading | TA: Bitcoin Holds Uptrend Support, What Could Trigger Sharp Decline This queue has been going up in recent times and as of 17th March, has almost reached its previous high. It had previously touched a new high above 330K in June of 2021 when the bull rally had been in full bloom. But the subsequent market downtrend had seen this number come down with it going into the bear trend. Only to begin another recovery in August of the same year. ETH price recovers above $3,900 | Source: ETHUSD on TradingView.com As for 2022, the number had been steadily growing but hadn’t seen any significant boost. This boost came about two weeks into March when the number of wallets on the queue crossed 300K. It is the sharpest increase ever recorded by the Balance Validators Status. What Does This Mean? For a network like Ethereum, beating and setting new records aren’t a new thing. But like with any other thing, such high interest will definitely have an impact on the network and the price. In this case, the number of wallets that are now suitable to stake on the network is higher and are waiting to be activated to do so. When such a large amount of wallets are given the green light to start staking, it will take a good chunk of coins out of current circulation. Related Reading | TA: Ethereum Consolidates Near $2,800, Why ETH Could Rally Again This is because it takes 32 ETH for a wallet to be eligible to become a validator on the network. This means that when these wallets on the queue are activated, about 1 million ETH coins will be locked away for at least three months, which is the minimum staking duration for Ethereum. A look at past charts shows that times like this have coincided with the increase in price for ETH. However, there has been one deviation which was during the November rally where ETH hit a new high above $4,000. Nevertheless, with such volumes of ETH being temporarily taken out of circulation, it most likely will positively affect the value of the cryptocurrency, pushing the value towards previous highs. Featured image from MARCA, chart from TradingView.com

With a market valuation of $28.68 billion, Cardano (ADA) has claimed the 9th position in cryptocurrency market capitalization, surpassing Avalanche (AVAX). Despite recent inflows into its ecosystem, the coin beat Avalanche’s $22.28 billion to attain the title of 9th largest coin. As the value of Cardano’s ecosystem has skyrocketed, so too have funds flowing into it. From roughly $1.7 million in mid-January to a present-day total value locked (TVL) up at just under $315 million – or a 18420% increase. The Cardano team has entered the third phase of its construction, a process known as Basho, the Cardano’s next era after Alonzo. Cardano plans to release Hydra, a collection of Layer 2 solutions, as part of this phase. In this stage, Basho will update Cardano’s security and scalability. Related Reading | Cardano Based Project Bashoswap Introduces Launchpad and DEX The first Hydra Heads have opened on the public Cardano testnet, and it is an exciting moment for this scaling journey. As a result, the protocol can be vital in ensuring that there are no problems along the way towards becoming a fully decentralized network. Cardano Price Action And Ecosystem Inflows The Cardano ecosystem is booming with new funds, attracting nearly $150 million in March alone. With the surge of total value locked at over $314.87 million from roughly $168.95 million, big things are expected for this crypto project. Cardano’s TVL has increased by more than 80% in just two weeks. And It is currently worth $225.9 million without including staked governance assets. The increase was noted on February 28th through March 16th, when the number rose from $150 million to $314.87 million. The Cardano Minswap has seen a surge in total value locked (TVL) over the last week, with 121% more locked up than before. Cardano Minswap became the most significant protocol by flipping the SundaeSwap. The majority of funds on this network now reside at its Minswap decentralized platform–with $115 million currently locked.  Even as Cardano (ADA) continues to progress, the price has failed to catch up. The coin has been on a downward journey after reaching its ATH at $3.10 in September 2021. Related Reading | TA: Bitcoin Holds Uptrend Support, What Could Trigger Sharp Decline The Cardano price has fallen nearly 75% from its all-time high of $3.10 and currently trading at $0.85 per coin. However, $0.85 remains a vital resistance point. Because if investors can stay above that price level, they’ll see their investment rise towards testing another crucial milestone of $0.9.  Although, Cardano is still a long way from returning to its former price of $1. As investor sentiment remains negative and the current market favors sellers. Featured image from Pixabay, chart from Tradingview.com

Startenders is serving up plenty of humour and colourful concoctions.

TOKYO, Mar 18, 2022 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) will showcase the new Xpander crossover MPV and two new Ralliart special editions - Triton Ralliart (Double-Cab)(1) and Mirage Ralliart(2) - at the 43rd Bangkok International Motor Show 2022(3) to be held from March 22 to April 3.

Since its launch in Indonesia in 2017, the Xpander has expanded its global footprint in the ASEAN region, the Middle East, Latin America, South Asia and Africa, and has become Mitsubishi Motors' global strategic model with more than 100,000 units sold globally in 2021(4). The refreshed Xpander was premiered in Indonesia in November 2021, and after the launch in Thailand, the company plans to roll it out in other markets centering on the ASEAN region. The new Xpander features an upgraded design inside and out to emphasize the SUV styling, while a high-efficiency continuously variable transmission (CVT) is adopted to reduce fuel consumption, yet achieving powerful road performance.

Following the Triton Ralliart and Pajero Sport Ralliart launched in Thailand in November 2021, the Triton Ralliart (Double-Cab) and Mirage Ralliart are new Ralliart special editions designed especially for customers who seek their own unique driving and styling. The models are equipped with special accessories including side decals with red, silver and black stripes and red mud flaps reminiscent of the brand's historic rally cars, as well as other exterior and interior accessories with the Ralliart logo.

"The new Xpander is gaining popularity in Indonesia, where its strengthened SUV styling, a high-quality interior and an eco-friendly yet powerful road performance are highly recognized, so we believe it will also be well received by customers in Thailand," said Yoichiro Yatabe, executive vice president of Mitsubishi Motors. "As for the Ralliart special editions, we add two models to the lineup, which embody Mitsubishi Motors-ness and Ralliart's passion for road performance."

Product Overview(5)

Xpander

The new Xpander is evolved with strengthened SUV styling and secures a high ground clearance of 220 millimeters - a top-level in its class - to improve off-road performance. Inside, the quality of the cabin is upgraded by using soft pads for the armrest and door trim, and convenient features including additional storage spaces further enhance comfort for the passengers.

For the transmission, a high-efficiency CVT is newly adopted. When the accelerator is deeply depressed, a powerful and sharp acceleration is delivered, with a gear shifting feel added to allow the driver to feel the acceleration. When the accelerator is lightly depressed, smooth shifting unique to CVT maximizes engine performance while achieving high fuel efficiency and quietness.

Triton Ralliart (Double-Cab)

The Triton Ralliart (Double-Cab) is based on the low-riding variant and features side decals, mud flaps and bed liner with the Ralliart logo. Having further evolved from the Triton Ralliart introduced last year, the special edition is newly equipped with a front airdam, side airdams and rear airdam to emphasize the low profile of the low-riding variant. For the interior, floor mats with the Ralliart logo and red-accent overlocks are specially equipped.

Two exterior color options are available for the Triton Ralliart (Double-Cab) - a two-tone exterior with a Solid White body and a Black roof, and Jet Black Mica - and the front grille, alloy wheels, door mirrors, door handles and rear gate handle are painted black.

Mirage Ralliart

The Mirage Ralliart is equipped with side decals and mud flaps with the Ralliart logo, and features black over fenders with carbon grain, adding a touch of Ralliart's tough driving to the Mirage's sharp and dynamic styling. Inside, floor mats with the Ralliart logo and two-tone red and black seats are specially equipped.

The Mirage Ralliart is available in Whited Diamond and Red Metallic, and is made sporty with a black roof, front grille, alloy wheels, door mirrors and rear spoiler.

(1) Triton is sold as L200 in some markets.
(2) Mirage is sold as Space Star in some markets.
(3) March 22 is press day, and the show is open to the public from March 23 to April 3.
(4) Global sales of Xpander and Xpander Cross.
(5) Thailand specifications. Vehicle specifications may vary depending on model and/or market.

About Mitsubishi Motors

Mitsubishi Motors Corporation (TSE:7211), MMC-a member of the Alliance with Renault and Nissan-, is a global automobile company based in Tokyo, Japan, which has more than 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. MMC has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, MMC has been a leader in electrification-launched the i-MiEV - the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV - the world's first plug-in hybrid electric SUV in 2013. MMC announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross PHEV (PHEV model), the all-new Outlander and the all-new Triton/L200.

For more information on MMC, please visit the company's website at
https://www.mitsubishi-motors.com/en/.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Motors Corporation (hereafter, Mitsubishi Motors) will showcase the new Xpander crossover MPV and two new Ralliart special editions - Triton Ralliart (Double-Cab) and Mirage Ralliart - at the 43rd Bangkok International Motor Show 2022 to be held from March 22 to April 3.

Two years without big trade shows brought what we value about them into sharp focus as our research reveals, but it also underlines the value of smaller, targeted events and the importance of better answering the needs of end users. Lindsey Reynolds reports.

This story continues at Assessing the value of trade shows

Or just read more coverage at AV Magazine

Bitcoin price started a fresh decline from the $42,600 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $40,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must...

The post Bitcoin Price Analysis: BTC Struggles Below $41K appeared first on Live Bitcoin News.

Ethereum rallied above $2,650 against the US Dollar. ETH price failed to settle above $2,700, trimmed gains, and now consolidating near $2,620. Ethereum started a fresh increase above $2,600, but it faced sellers above $2,700. The price is now trading above $2,600 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $2,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating above $2,600 and might start another increase in the near term. Ethereum Price Consolidates Ethereum was able to form a base above the $2,520 level. ETH started a fresh increase above the key $2,600 and $2,620 resistance levels. There was also a move above the $2,700 level. There was also a break above a key bearish trend line with resistance near $2,580 on the hourly chart of ETH/USD. However, the bulls failed to remain in action above $2,720. The price formed a high near $2,733 and started a sharp decline. There was a move below the $2,700 and $2,650 support levels. The price even dipped a few points below the 50% Fib retracement level of the recent rally from the $2,506 swing low to $2,733 high. The price is now consolidating above $2,600 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $2,650 level. The first major resistance is near the $2,685 level. The main resistance seems to be forming near the $2,700 zone. Source: ETHUSD on TradingView.com Ether price must clear the $2,685 and $2,700 resistance levels to start a steady increase. In the stated case, the price may perhaps rise towards the $2,800 level. Fresh Decline in ETH? If ethereum fails to start a fresh increase above the $2,650 level, it could start another decline. An initial support on the downside is near the $2,610 level. The next major support is near the $2,600 level. It is near the 61.8% Fib retracement level of the recent rally from the $2,506 swing low to $2,733 high. A close below the $2,600 support zone could start a drop towards the $2,500 support zone. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is still above the 50 level. Major Support Level – $2,600 Major Resistance Level – $2,700