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☆ Bitcoin can soar past $100,000 despite recent sell-off: Ava Labs president John Wu
▼ + stars: | 2024-08-06 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin can soar past $100,000 despite recent sell-off: Ava Labs president John WuAva Labs president John Wu weighs in on catalysts contributing to bitcoin's recent sell-off and discusses where he expects crypto markets to head next as the volatile trading week continues. He also discusses utility on the Avalanche blockchain amid new government agency partnerships.

Persons: John Wu Ava, John Wu Organizations: Ava, Avalanche

☆ China's 'unprecedented' space mission blasts off to the far side of the moon to collect samples
▼ + stars: | 2024-05-03 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

A Long March 5 rocket, carrying the Chang'e-6 mission lunar probe, lifts off as it rains at the Wenchang Space Launch Centre in southern China's Hainan Province on May 3, 2024. China on Friday launched a space probe to collect samples from the far side of the moon in a mission that has been billed as "unprecedented" as the global space race heats up. An unmanned rocket carrying the Chang'e-6 lunar probe took off from Wenchang Space Launch Center in Hainan province just before 5:30 p.m. local time, kickstarting the 53-day planned mission. The expedition aims to return around 5 pounds of lunar samples to Earth for analysis. "Collecting and returning samples from the far side of the moon is an unprecedented feat," Wu Weiren, chief designer of China's lunar exploration program, said, according to Chinese state news agency Xinhua News.

Persons: Wu Weiren, Stephen Whiting Organizations: Xinhua News, Scientists, U.S, U.S . Space Command Locations: Hainan Province, China, Hainan, Beijing

☆ A 2,000-year-old Chinese mindset can make you more successful—and 'takes almost zero effort,' says psychologist
▼ + stars: | 2023-07-12 | by ( Dr. Junhong Cao | ) www.cnbc.com time to read: +3 min

But a 2,000-year-old Chinese concept called "wu wei" (pronounced "ooo-way"), which translates to "non-action" or "effortless action," can help us lead more balanced, fulfilling and successful lives. I always try to implement wu wei into my practice, because research has shown that it can help lower stress and anxiety, while increasing satisfaction and overall well-being. Here's how to make wu wei part of your daily routine:1. Instead of obsessing over every detail, practicing wu wei means understanding that things may not go exactly as planned. Wu wei comes much easier when you pay attention to what's happening in the present moment, in a friendly and curious way.

Persons: I've, I'm, Wu wei, Lao Tzu, Junhong Cao Locations: New York City

☆ Analysis-In China's lithium hub, mining boom comes at a cost
▼ + stars: | 2023-06-15 | by ( Siyi Liu | Dominique Patton | ) www.reuters.com time to read: +7 min

FILE PHOTO: A vehicle is seen near a lithium smelter in Yichun, Jiangxi province, China March 30, 2023. It has supported mine development by taking stakes in mining companies to help battery materials makers that do not have mines overseas like those owned by China’s top lithium producers Ganfeng Lithium and Tianqi Lithium. Separating lithium from lepidolite can cost as much as 100,000 yuan per metric ton, compared to 40,000-50,000 yuan for brine and 50,000-60,000 yuan for spodumene, analysts said. ‘NATURAL RESOURCES CHAOS’Further dimming the outlook for lepidolite, environmental damage is a growing concern. UBS analysts see China’s supply of lithium from lepidolite tripling to 280,000 metric tons, or 13% of global supply, between 2022 and 2025, well short of Yichun’s target.

Persons: ”, Yang Yaohua, Yang, Wu Wei, Eric Norris, ” Norris, Yongxing, Yichun, Ma Jun, ” Ma, Vicky Zhao, Li Qi Organizations: REUTERS, Staff, Australia, Guosen, Macquarie, Gotion High Tech, CRU, Xiamen University, Energy, lepidolite, Reuters, Materials Technology, Institute of Public & Environmental Affairs, UBS, Benchmark Mineral Intelligence Locations: YICHUN, China, Yichun, Jiangxi province, lepidolite, Beijing, Sichuan, Qinghai, Tibet, Shanghai, Jin, U.S, Jiangxi

It has supported mine development by taking stakes in mining companies to help battery materials makers that do not have mines overseas like those owned by China's top lithium producers Ganfeng Lithium (002460.SZ), (002460.SZ) and Tianqi Lithium (002466.SZ). Separating lithium from lepidolite can cost as much as 100,000 yuan per metric ton, compared to 40,000-50,000 yuan for brine and 50,000-60,000 yuan for spodumene, analysts said. 'NATURAL RESOURCES CHAOS'Further dimming the outlook for lepidolite, environmental damage is a growing concern. As it gets stricter now, lithium resources in Yichun will lose their competitiveness with the higher costs for environmental protection," Ma said. UBS analysts see China's supply of lithium from lepidolite tripling to 280,000 metric tons, or 13% of global supply, between 2022 and 2025, well short of Yichun's target.

Persons: YICHUN, Yang Yaohua, Yang, Wu Wei, Eric Norris, Norris, Yongxing, Yichun, Ma Jun, Ma, Vicky Zhao, Li Qi, Siyi Liu, Dominique Patton, Ernest Scheyder, Tony Munroe, Sonali Paul Organizations: Australia, Guosen, Macquarie, Gotion High Tech, CRU, Xiamen University, Energy, Corp, Reuters, Materials Technology, Institute of Public & Environmental Affairs, UBS, Benchmark Mineral Intelligence, Beijing Newsroom, Thomson Locations: China, Yichun, lepidolite, Beijing, Sichuan, Qinghai, Tibet, Shanghai, Jin, U.S, Jiangxi, Houston

☆ China to test out 3D printing technology on moon to build habitats
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +1 min

BEIJING, April 24 (Reuters) - China will explore using 3D printing technology to construct buildings on the moon, the official China Daily reported on Monday, as Beijing solidifies plans for long-term lunar habitation. In the 2020 Chinese lunar mission, the Chang'e 5, named after the mythical Chinese goddess of the moon, an uncrewed probe took back to Earth China's first lunar soil samples. China, which made its first lunar landing in 2013, plans to land an astronaut on the moon by 2030. China wants to start building a lunar base using soil from the moon in five years, Chinese media reported earlier this month. The race to set foot on the moon has intensified in recent years, particularly with the United States.

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