We’re not saying flee this doomed Earth… but 139 minor planets were spotted at the outer reaches of our Solar System. Just an FYI, that’s all – The…

Astronomers have discovered 139 minor planets lurking at the edge of the Solar System after examining a dataset collected to study dark energy in the universe.

Small worlds that circle our Sun in orbits further out than Neptune are labelled trans-Neptunian objects (TNO), with one being the relegated-planet Pluto. Eggheads, led by those at the University of Pennsylvania (UPenn) in the US, identified 316 TNOs in the dark-energy dataset, of which 139 bodies were previously unknown. That's according to a study published in The Astrophysical Journal this week.

Specifically, the dataset features images snapped by the Dark Energy Survey (DES), a project that used the Victor M. Blanco Telescope at the Cerro Tololo Inter-American Observatory in Chile to study the role of dark energy in the universes rate of expansion. The pictures were taken of the southern hemisphere for six years, from 2013 to 2019.

The number of TNOs you can find depends on how much of the sky you look at and whats the faintest thing you can find, said Gary Bernstein, co-author of the study and a Professor of Astronomy and Astrophysics at UPenn.

Unlike stars or supernovas, TNOs dont emit a lot of light. The trick to spotting TNOs among all the other stuff in the images is to look for things that move. TNOs orbit the Sun whereas stars and distant galaxies appear more fixed. Dedicated TNO surveys have a way of seeing the object move, and its easy to track them down, said Pedro Bernardinelli, first author of the paper and a graduate student at UPenn. One of the key things we did in this paper was figure out a way to recover those movements.

The academics began with seven billion objects in the DES dataset. After they removed static objects things that appeared in the same spot on multiple nights they were left with a list of 22 million transient objects.

Each one looks like a dot, and the goal was to track each dot as it traveled across the sky to see if it really was an individual object. That narrowed the list down to 400 candidates that warranted further study and verification.

We have this list of candidates, and then we have to make sure that our candidates are actually real things, Bernardinelli said. They then realized 316 of the 400 candidates were TNOs and 139 of that 316 were previously undetected minor worlds.

The boffins only rifled through four years worth of data, and they believe that, by using their method, many more TNOs can be uncovered in the future.

There are lots of ideas about giant planets that used to be in the solar system and arent there anymore, or planets that are far away and massive but too faint for us to have noticed yet, said Bernstein. Making the catalog is the fun discovery part. Then when you create this resource; you can compare what you did find to what somebodys theory said you should find.

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We're not saying flee this doomed Earth... but 139 minor planets were spotted at the outer reaches of our Solar System. Just an FYI, that's all - The...

Hear From Immigrants and Refugees in Their Own Words – The Nation

(Krystal Quiles)

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About a year ago we began a project designed to tell migrant stories, focusing on stories that are commonly undertold and underrepresented. We intended to do something beyond the typical chopped-up news reportpitting some personal tragedy against the latest anti-immigrant Twitter screed or border policy air-horned out of Washington. We wanted to skip the experts, skim over the explanations, and simply listen. We decided the best way to do that was to let migrants tell their own stories, in their own words. The oral history format, we believed, would offer more room for migrants to speak for themselves, to tell their stories how they wanted to tell them. Thats how Migrant Voices was born.Ad Policy

No matter what side of the debate youre on, in discussions of immigration these dayswhether decrying draconian polices or decrying migration itselfthe increasingly common reaction is outrage. Outrage, however, has the unfortunate side effect of eclipsing both nuance and humanityand thats what we are seeking to rectify with this series. We are seeking to tell complex, human stories that are not constrained by the news cycle but transcend news cycles.

We called upon our existing contacts and networks, and we reached out to organizations doing work and representing migrants on the ground, with the goal of gaining the trust of migrants who were not only willing but eager to speak out, wanting more Americans to hear about both their stories of migration and their day-to-day reality of living in the United States. But despite the desire to come forward, all the migrants I spoke to were still hesitant.

We were expecting nervesespecially in this climate, under this administrationbut were still moved by how intensely cautious and worried some of the people were, even those with protections against deportation or some form of legal status. In most cases, we were asked to pull back on personal and possibly identifying details. And there have been plenty of people we reached out to who simply decided, in the endeven if they felt compelled to speak outthat it wasnt worth putting themselves, their liberty, or their families, in danger.

Weve spoken to nine people so far: from Nigeria, India, the Dominican Republic, Mexico, Nepal, Syria, Ukraine, and China. Upcoming stories will touch on Jamaica and the Garifuna region of Honduras, and then well have more to follow. They range in age from 17 to 61. They are refugees, temporary guest workers, asylees. They are fighting for special immigrant juvenile status, holding Temporary Protected Status, holding an H-4 visa. They are legal permanent residents who are in the country via family reunification, and one is even stateless but with DACA protection. But despite these statusesthough superficial, they can weigh inordinately heavily on their livesthey do not, by themselves, define their lives. Their legal status and immigration stories make up a part of their identities, but so do their families, their jobs, their hobbies, their childhood experiences, their quirks, hopes, preferences, politics, and passionsall the aspects of a person that dont normally make it into a news story, and which we try to have tried to open room for with Migrant Voices.

Despite the anxiety or even fear, they all expressed gratitude, sometimes even wonder, over residing or toiling in the United States, even if they were living in the shadows. Omar, the HB-2 temporary guest worker from Michoacn, Mexico, who works sometimes as many as 90 hours in the fields of the Hudson Valley and seasonally lives in cramped quarters with two dozen other men, described his complicated relationship with the United States: It gives him a chance to send money home to his family, but, personally, it practically reduces him to a farm tool. I met him last spring, in the trailer he was currently sharing with two dozen other men, while he was cooking a huge pan of summer squash and had a large pot of chicken boiling on the stove next to him. He told me, Im one of those people, you know, Im never happier than when Im in the fields. Its the best place for me. And yet the conditions in those fields were grueling, the living conditions spartan, and the specter of not only being only let go from his job but the inevitable next stepa swift deportationwas always looming. If he even complained, he feared, if he stood up for too longto give his back a break, for example, when he should be kneeling picking strawberrieshe was scared a recrimination might lead to deportation and his familys going hungry. Consequences for immigrants in the United States todayfor minor slip-ups, for merely beingcan be severe. With asylum seekers, they can be deadly.

Another poignant moment in the series came from Ananya, an 18-year-old woman studying astrophysics at a university in Chicago who has the shadow of deportation hanging over her head. (As an H4 visa holder, she has no clear path to legalization or a work permit). Ananya described feeling overwhelmed by uncertainty, frustration, and fear, and, after a moment of thought, saida phrase we ended up using as the headline of the interviewI dont want to stay in a country that doesnt want me as badly as I want it. And yet here is her family, friends, school, life, andjust tantalizingly out of reachher career.

Below are excerpts from a few of our conversations, we hope youll read the latest installment here, and check out the full series here.

John Washington

(Krystal Quiles)

The move to the US changed my dad a lot. He used to be an architect. And its been really hard for him here. He now works in a window factory six days a week, long hours. He started drinking. My mom had to go back to China for a little bit, so now its just me and my dad. I have classes, and I work, so I barely see my dad. When I get home, sometimes hes already asleep.

(Krystal Quiles)

The first time I came as a guest worker, in 2005, it was really hard. I was thinking, I want to go back. But back to what? I had rent, had to pay for electricity, gas. I would have had to find work again. I thought, OK. Im already here, I gotta keep going. If the other workers can do it, I can do it, because I have two hands like they have. I can use them, just like they can.

(Krystal Quiles)

The last attack was in 2016. They dragged me out of my apartment. They beat me on the street. They had found out that I was gay, and they were going to kill me. I blacked out. You see this scar on my head, this scar on my hand. When I woke up in the clinic, I found these scars, because they were beating me with sticks, and they were clapping and singing that Im gay.

(Krystal Quiles)

I feel sometimes that I inherited a problem, like a Greek tragedy. And learning how to live with it and learning how to accept it and being angry about it and being empowered by ityou know, being humbled by it but also being hurt by it. Sometimes I think about how I dont know what its like not to have this problem. I dont know what it would be like, one day, to be like, Oh, my God, Im not stateless anymore.

Read more in the Migrant Voices series here.

Link:

Hear From Immigrants and Refugees in Their Own Words - The Nation

Litecoin LTC price recovers to $36, more gains incoming? – Cryptopolitan

After a week of almost continuous losses, Bitcoin and many altcoins have finally begun stabilizing. The markets recovery will come with a sigh of relief from investors after several major altcoins experienced significant losses.

Litecoin price took several bad hits as the project fell through multiple support levels, eventually hitting a low of about $25. Since then, Litecoin has been working on its recovery. At the time of writing, the Litecoin LTC price is perched at $36.00, with 1.55 percent in the green.

While the market may have stabilized, fears surrounding the new coronavirus continue to impact the traditional financial market. These fears have spilled into the crypto market as investors have sold many of their riskier assets. As such, analyst NZ Shareman has taken a rather pessimistic outlook on Litecoins near-term price performance.

The analyst has noted that the Litecoin LTC price has broken its long term trend line. We can now expect further losses coming, with a measured prediction of $15. Its possible the coin could dip to the support level of around $13. If it fails to hold here the analyst believes the Litecoin LTC price could slip as low as about $3 by about April.

Bolot, however, has presented a more optimistic prediction. The analyst sees the current trading price as a good buying zone and expects LTC to increase slightly before seeing another retracement. From there, Litecoin should begin recovering some of the losses experienced throughout the week.

Recently, its been reported that a group of Bitcoin users, calling themselves CoroHope, have announced their quest to find a vaccine for COVID-19.

Disclaimer: The information provided is not trading advice but an informative analysis of the price movement. Cryptopolitan.com holds no liability towards any investments based on the information provided on this page.

Originally posted here:

Litecoin LTC price recovers to $36, more gains incoming? - Cryptopolitan

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 12/03/20 – Yahoo Finance

Litecoin

Litecoin slid by 3.35% on Wednesday. Following on from a 0.69% decline on Tuesday, Litecoin ended the day at $48.54.

A mixed start to the day saw Litecoin rise to an early morning intraday high $50.72 before hitting reverse.

Falling short of the first major resistance level at $51.48, Litecoin slid to a late afternoon intraday low $45.44.

Litecoin fell through the first major support level at $48.82 and the second major support level at $47.50.

Finding late support, Litecoin broke back through the major support levels to hit $49 levels before easing back.

The pullback saw Litecoin fall back through the first major support level at $48.82.

At the time of writing, Litecoin was down by 1.71% to $47.71. A bearish start to the day saw Litecoin fall from an early morning high $48.79 to a low $47.71.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to move back through to $48.20 levels to support a run the first major resistance level at $51.03.

Support from the broader market would be needed, however, for Litecoin to break out from Wednesdays high $50.72.

Barring an extended crypto rally, the first major resistance level, and Wednesdays high would likely cap any upside.

Failure to move through to $48.20 levels could see Litecoin fall deeper into the red.

A fall back through to sub-$47 levels would bring the first major support level at $45.75 into play.

Barring another extended crypto sell-off, however, Litecoin should steer clear of sub-$45 support levels.

Major Support Level: $45.75

Major Resistance Level: $51.03

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen fell by 2.52% on Wednesday. Following on from a 0.27% decline on Tuesday, Stellars Lumen ended the day at $0.050765.

Tracking the broader market, Stellars Lumen rose to an early morning intraday high $0.052531 before hitting reverse.

Falling short of the first major resistance level at $0.053410, Stellars Lumen slid to a late afternoon intraday low $0.047623.

The reversal saw Stellars Lumen fall through the first major support level at $0.05076 and second major support level at $0.04947.

Finding support late on, Stellars Lumen broke back through the second major support level.

Resistance at the first major support level at $0.05076 pinned Stellars Lumen back at the day end.

At the time of writing, Stellars Lumen was down by 1.47% to $0.050019. A bearish start to the day saw Stellars Lumen fall from an early morning high $0.050669 to a low $0.049973.

Stellars Lumen left the major support and resistance levels untested early on.

Story continues

Stellars Lumen would need to move back through to $0.05030 levels to support a run at the first major resistance level to $0.05299.

Support from the broader market would be needed, however, for Stellars Lumen to break back through to $0.052 levels.

Barring a broad-based crypto rebound, the first major resistance level and Wednesdays high $0.052531 would likely limit any upside on the day.

Failure to move through to $0.05030 levels could see Stellars Lumen fall deeper into the red.

A fall back through to sub-$0.050 levels would bring the first major support level at $0.04808 into play.

Barring a broad-based crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.047 support levels.

Major Support Level: $0.04808

Major Resistance Level: $0.05299

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX fell by 1.46% on Wednesday. Reversing a 0.49% gain from Tuesday, Trons TRX ended the day at $0.014959.

Tracking the broader market, Trons TRX rose to an early morning intraday high $0.015324 before hitting reverse.

Falling short of the first major resistance level at $0.01546, Trons TRX slid to a late afternoon intraday low $0.014120.

Trons TRX slide through the first major support level at $0.01472 and the second major support level at $0.01434.

Finding support late in the day, Trons TRX broke back through the major support levels to revisit $0.015 levels before easing back.

At the time of writing, Trons TRX was down by 1.33% to $0.014761. A bearish start to the day saw Trons TRX fall from an early morning high $0.014937 to a low $0.014761.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to move back through to $0.01480 levels to support a run at the first major resistance level at $0.01548.

Support from the broader market would be needed, however, for Trons TRX to break out from the Wednesdays high $0.015324.

Barring an extended crypto rally, the first major resistance at $0.01548 and Wednesdays high would likely cap any upside.

Failure to move through to $0.01480 levels could see Trons TRX struggle throughout the day.

A fall back through the morning low $0.014761 would bring the first major support level at $0.01428 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer clear of sub-$0.014 levels on the day.

Major Support Level: $0.01428

Major Resistance Level: $0.01548

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

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Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 12/03/20 - Yahoo Finance

Litecoin Price Analysis: LTC/USD is positioned for a recovery after a massive sell-off – FXStreet

Litecoin, now the third-largest digital asset with the current market value of $2 billion, has lost nearly 30% of its value in the recent 24 hours moving in sync with the market. LTC/USD hit the intraday low at $25.00, which is the lowest level since December 2018. At the time of writing, LTC/USD is changing hands at $31.50.

Notably, Litecoin's average daily transactions jumped above $7 billion, which is more than three times its market capitalization.

On the long-term charts, LTC/USD shows some signals of an upcoming reversal. Weekly RSI still points downwards, however, it is already close to the overbought territory. Meanwhile, daily RSI has reversed to the North. Also, the LTC still stays outside the Bollinger Band, which is also a bullish signal as price tends to return to the average. Thus, the initial bullish target is located at $34.16, this is the lower line of the daily Bollinger Band. Once it is out of the way, the recovery may be extended towards psychological $40.00.

On the intraday charts, LTC bulls may face resistance on approach to $33.00. This area is reinforced by the middle line of 1-hour Bollinger Band. However, a stronger hurdle comes at $36.00 as this level stopped the recovery after the first collapse on Thursday. We will need to see a sustainable move above this line for the upside to gain traction towards the above-mentioned psychological $40.0 and 41.00 with SMA50 1-hour located above this area.

Originally posted here:

Litecoin Price Analysis: LTC/USD is positioned for a recovery after a massive sell-off - FXStreet

Litecoin News Today Litecoin Price Gained 30% With the Last 24-Hours Following Price Crash – March 14th, 2020 – Smartereum

Litecoin news today After the terrible phase in the broader cryptocurrency market and other traditional markets this past Thursday, some of the major altcoins have started some sort of recuperation. They are beginning to regain some percentage of their losses, with some digital assets showing positive returns in the last 24 hours. One of such tokens is LTC. The bulls have returned for Litecoin even though it might look like a brief spell. Lets see LTCs journey during the last 24-hours.

Litecoin (LTC) Price Today LTC / USD

Despite the critical situation of the cryptocurrency market, top altcoins like Litecoin, and Tezos were two of the first tokens to return to the green zone after the last sell-off. Litecoin price in particular posted 24-hour returns of 30%. Litecoin has done well in the last 24-hours, so far the coin has recouped more than half of its overall losses from the previous day. However, the digital assets movement found support at the $38 level which has now become resistance for the coin. The price of Litecoin was reportedly trading at $36.890 at press time. The coin is now up by 30.71% which is the biggest one-day percentage returns since 2018, on February 14 precisely.

LTCs move upwards has pushed its total market capitalization to $2.365 billion. At its highest point, the overall market cap of Litecoin stood at $14.099 billion. Litecoin price traded between the ranges of $35.790 and $37.573 during the past 24-hours. This surge seen today is a surprise considering how LTC has performed in the past seven days. Litecoin price has reportedly seen a drop in its value. The coin has lost 41.55% of its value in that period. The trade volume of LTC was at $6.966B from the beginning of the last 24-hours to press time. The trade volume has reached the ranges of $24.3530 and $60.4563 in the last week.

At the current price position, Litecoin is still very much far away at (91.22%) from its overall ATH of $420.00. This move was set in 2017, on December 12 precisely. Although the real catalyst of this rally is still unclear, one theory that experts have adopted is that the severe network congestion in the bigger networks Bitcoin and Ethereum has caused some cryptocurrency users to consider using other faster alternatives to conduct their digital currency transactions.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

Continued here:

Litecoin News Today Litecoin Price Gained 30% With the Last 24-Hours Following Price Crash - March 14th, 2020 - Smartereum

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 10/03/20 – Yahoo Finance

Litecoin

Litecoin fell by 1.13% on Monday. Following on from a 15.51% tumble on Sunday, Litecoin ended the day at $50.53.

A mixed start to the day saw Litecoin rise to an early morning intraday high $52.51 before hitting reverse.

Falling short of the first major resistance level at $57.63, Litecoin fell to a mid-afternoon intraday low $46.61.

Litecoin fell through the first major support level at $47.58 before recovering to $50 levels.

At the time of writing, Litecoin was down by 0.22% to $50.42. A mixed start to the day saw Litecoin fall to an early morning low $50.00 before striking a high $50.94.

Litecoin left the major support and resistance levels untested early on.

Litecoin would need to move through the morning high $50.94 to support a run the first major resistance level at $53.16.

Support from the broader market would be needed, however, for Litecoin to break out from this Mondays high $52.51.

Barring an extended crypto rally, resistance at $52 would likely leave Litecoin short of the first major resistance level.

Failure to move through the morning high could see Litecoin fall deeper into the red.

A fall back through to sub-$50 levels would bring the first major support level at $47.26 into play.

Barring another extended crypto sell-off, however, Litecoin should steer clear of sub-$45 support levels.

Major Support Level: $47.26

Major Resistance Level: $53.16

23.6% FIB Retracement Level: $62

38.2% FIB Retracement Level: $78

62% FIB Retracement Level: $104

Stellars Lumen rallied by 4.73% on Monday. Partially reversing a 15.07% tumble from Sunday, Stellars Lumen ended the day at $0.052386.

A choppy start to the day saw Stellars Lumen fall to a mid-morning low $0.048576 before finding support.

Steering clear of the first major support level at $0.04679, Stellars Lumen struck a late morning high $0.052246.

Falling well short of the first major resistance level at $0.05564, Stellars Lumen slid to a mid-afternoon intraday low $0.047837.

Steering clear of the first major support level at $0.04679, Stellars Lumen struck a final hour intraday high $0.052386. While wrapping up the day at $0.052 levels, Stellars Lumen fell short of the first major resistance level at $0.05564.

At the time of writing, Stellars Lumen was down by 0.36% to $0.05220. A mixed start to the day saw Stellars Lumen fall to an early morning low $0.051944 before striking a high $0.052423.

Stellars Lumen left the major support and resistance levels untested early on.

Story continues

Stellars Lumen would need to move through to 0.05240 levels to support a run at the first major resistance level to $0.05390.

Support from the broader market would be needed, however, for Stellars Lumen to break out from Mondays high $0.052386.

Barring a broad-based crypto rebound, resistance at $0.052 would likely limit any upside on the day.

Failure to move through to $0.05240 levels could see Stellars Lumen fall deeper into the red

A fall back through the morning low $0.051944 to sub-$0.051 levels would bring the first major support level at $0.04935 into play.

Barring a broad-based crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.048 support levels.

Major Support Level: $0.04935

Major Resistance Level: $0.05390

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rose by 2.97% on Monday. Partially reversing a 13.74% tumble from Sunday, Trons TRX ended the day at $0.015136.

A mixed start to the day saw Trons TRX fall to a mid-morning low $0.014280 before making a move.

Steering clear of the major support levels, Trons TRX struck a late morning intraday high $0.015350.

Falling short of the first major resistance level at $0.01627, Trons TRX fell back to a mid-afternoon intraday low $0.014097.

Steering clear of the first major support level at $0.01385, Trons TRX bounced back to wrap up the day at $0.0150 levels.

At the time of writing, Trons TRX was down by 0.54% to $0.015054. A mixed start to the day saw Trons TRX fall to an early morning low $0.014956 before striking a high $0.015169.

Trons TRX left the major support and resistance levels untested early on.

Trons TRX would need to move through to $0.01520 levels to support another run at the first major resistance level at $0.01563.

Support from the broader market would be needed, however, for Trons TRX to break out from the Mondays high $0.015350.

Barring an extended crypto rally, the first major resistance at $0.01563 would likely cap any upside on the day.

Failure to move through to $0.01520 levels could see Trons TRX fall deeper into the red.

A fall back through the morning low to sub-$0.01490 levels would bring the first major support level at $0.01437 into play.

Barring an extended crypto sell-off, however, Trons TRX should steer sub-$0.014 levels on the day.

Major Support Level: $0.01437

Major Resistance Level: $0.01563

23.6% FIB Retracement Level: $0.0322

38.2% FIB Retracement Level: $0.0452

62% FIB Retracement Level: $0.0663

Please let us know what you think in the comments below

Thanks, Bob

This article was originally posted on FX Empire

Read this article:

Litecoin, Stellars Lumen, and Trons TRX Daily Analysis 10/03/20 - Yahoo Finance

Crypto Price Analysis & Overview March 13: Bitcoin, Ethereum, Ripple, Litecoin, and Tezos – CryptoPotato

Bitcoin (BTC)

Yesterday, the price of Bitcoin crashed by over 40%, following the emerging global market crisis. Before this fatal plunge, Bitcoin showed signs of weakness consolidating around the $8000 mark for three days.

Meanwhile, this whole bearish scenario started from a mid-February high of $10,500, which was later confirmed by a bearish head-and-shoulds pattern, which played out around $8500 last week.

Unfortunately for Bitcoin, the price has not just dropped to a 4-month low but now trading again inside a long-term descending channel that was formed in June 2019. Though, Bitcoin has managed to recover from the channels lower support of $4000 and surged to $5800 today. Bitcoin is trading above $5000 at the moment.

If the price remains trapped inside this descending channel, it would be difficult for Bitcoin to regain momentum until a break up takes place. And if Bitcoin breaks beneath $4,000, the market may collapse to $3600 (yesterdays low) and then to $3200, which is December 2018 low.

From $235 weekly opening, Ethereum had lost over 80% of its value to reach a daily low of $86. After dropping near the channels support, ETH saw a quick 60% recovery to a critical resistance area of $140, marked grey on the daily chart. As of now, Ethereum is trading around $120 against the US Dollar.

If Ethereum can spike above the channel, and most importantly, the grey resistance area, we can start to consider some bullish action. Otherwise, Ethereum would stay and continue to struggle in the channel boundary.

Against Bitcoin, Ethereum saw a massive price movement to the downside but found support around the $0.021 BTC level yesterday, followed by a 2-month rising support line (white). Despite the drops, the market has bounced back following 3.5% gains.

It appeared that the bulls are showing commitment at the moment. If they can push further, the price of ETH could touch 0.025 BTC resistance level in the next few days. More so, Ethereum may initiate a new rally, in case the buyers reclaim the 0.028 BTC level. Notwithstanding, the market is still looking bearish on a mid-term. If the bears resume pressure below this white line, 0.018 BTC would be the next selling target beyond 0.02.

This week, Ripple continued to lose momentum following a bearish correction that started a few weeks back. Today, the XRP/USD pair reached a 9-month low of $0.11 after witnessing a consistent four weeks decline from $0.335 resistance, from where Ripple initiated sell last month.

As we can see on the daily chart, Ripple is currently supported by a blue long-term support line. Following a small recovery, XRP is now trading at $0.148 level. If volume increases, Ripple might retest $0.2 on the upside. However, the price may slip back to $0.11 if the sellers continue to show interest.

Against Bitcoin, Ripple increased by 5% over the past 24-hours. The market is now showing strength after finding weekly support around 2400 SAT levels. Following a sharp rejection from a psychological level of 3000 SAT, Ripple has now dropped to support level at 2820 SAT.

If the buyers can push above the first white resistance line of 3075, we can expect XRP price to reclaim the second level of 3321 SAT. On the downside, the 2600 SAT and 2400 SAT levels should be on the watch in case the price falls back.

Following the head-and-shoulders pattern, Litecoin saw a massive drop over the past few days, losing more than 50% of its value this month. After breaking down December 2019 low, yesterday, LTC dropped to long-term support of $24, marked green on the daily chart.

LTC has bounced back to retest the key resistance area $40, marked blue on the chart, but failed to break. Followed the rejection, Litecoin is now trading at $34. A break above $40 would allow a further increase to $50 and above. If Litecoin drops, however, the green lines may act as support one more time.

After creating a double-top around 0.0080 BTC mark, Litcoin saw a huge drop and rolled back inside the descending channel boundary, which was carved since August 2019. Meanwhile, Litecoin has recently established support around 0.006 BTC level against Bitcoin.

Followed by a small bounce, Litecoin is now facing resistance at 0.067 BTC level. If LTC can break above this channels resistance to retake the $0.0070 BTC level, the next target for buyers would be 0.008 BTC resistance level. Inversely, Litecoin may floor back to the blue support zone if price rejects at the current level. The channels support (0.0050 BTC) might become the next selling target if Litecoin drops further.

Tezos is extremely oversold on the daily chart. After a quick recovery from a daily low ($1.1), we can see that the price is now trading at $1.57, still below a crucial resistance level of $1.8, as can be seen in orange on the daily chart. Though, Tezos attempted to regain momentum above this resistance but failed to do so.

If XTZ can manage to close significantly above $1.8 this week, especially above $2 resistance, we can anticipate a bullish price action to $2.5 and $3 in the coming days. If not, we may consider more bearish reactions to occur. In case of this, the $1.1 may be revisited or even $0.5 if it breaks.

Against Bitcoin, Tezos is currently relying on the 0.00025 BTC support level. Theres still support on the red rising trend line in case Tezos drops beneath this orange area on the daily chart. With 2.32% losses over the past hours, Tezos is currently priced at 0.002989 level.

At the time of writing, the bulls are reacting to price actions, although Tezos is still looking bearish. If the buyers increase pressure, we can watch out for the next resistance to be 0.00035 BTC and perhaps 0.00040 level (near the all-time high). A sell action could drop XTZ back to 0.00025 BTC support. Support below this level lies 0.00020 BTC, right under the 5-month red rising line.

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Crypto Price Analysis & Overview March 13: Bitcoin, Ethereum, Ripple, Litecoin, and Tezos - CryptoPotato

[Updated] The Real Reason Behind Bitcoin And Cryptos Massive $50 Billion Crash? – Forbes

Bitcoin and cryptocurrency priceshave fallen sharply over the last few days,with around $50 billion wiped from crypto markets.

[Updated: 07:32am EST 03/12/2020] The bitcoin price, which had been trading around $10,000 per bitcoin just last week, is now down almost 30% over the last seven days after suddenly plummeting this morning and wiping out all its 2020 gains. Bitcoin earlier collapsed to under $6,000 per bitcoin, sending many other major cryptocurrencies, including ethereum, Ripples XRP, bitcoin cash, and litecoin, even lower. Read the full story here.

Bitcoin's sudden sell-off was put down to global market turmoil sparked by oil cartel Opec's failure to agree to a supply cut, sending the oil price to historic lows, but some think bitcoin's move lower could have its origins elsewhere.

The bitcoin price had climbed through the first few months of 2020 but the recent falls erased ... [+] almost all it year-to-date gains.

"The sudden drop in prices seems to arise out of the selling of [bitcoin] by PlusToken," the chief executive of India-based cryptocurrency exchange CoinSwitch.co, Ashish Singhal, told bitcoin and crypto industry news site CoinDesk.

PlusToken, a Ponzi scheme that swept China and Korea over the last few years, saw around $2 billion worth of bitcoin and other cryptocurrencies stolen from investors.

Last Saturday, ahead of the traditional market rout caused by Opec, PlusToken scammers moved a little over $100 million worth of bitcoin to so-called mixers, designed to disguise the origin and destination of the coins.

The fraudsters may have then sold off the bitcoins, causing prices to fall as supply flooded the market, according to Singhal.

The bitcoin price fell by almost $1,000 per bitcoin on Saturday, before stock markets and other assets crashed.

"PlusToken scam moved another 13,000 bitcoin's yesterday," bitcoin and cryptocurrency analyst Kevin Svenson said via Twitter on Sunday.

"They also did something similar after bitcoin crossed above $10,000 this year. They are slamming the market with sell orders. Essentially we have a giant whale unloading after every move up."

Bitcoin has been battling against falling trading volumes and stalled adoption in recent months (though that's not stopped some from betting big on the number one cryptocurrency).

When trading volumes are low the market is more susceptible to manipulation by big traders.

The bitcoin price has lost around 20% over the last month, all but destroying the narrative that ... [+] bitcoin had begun performing as a so-called safe-haven asset.

Many have taken the latest fall in the bitcoin price as proof it is failing to act as a so-called safe-havenan idea that had gained popularity in recent months as bitcoin rose in the face of escalating U.S. and Iran tensions and then apparently gaining on fears the coronavirus could knock global trade.

Traditional safe-haven assets, such as gold and the Japanese yen, usually move higher in times of greater risk and uncertainty.

"Bitcoin is down 8% in the last day, much more than global equities," economist and outspoken bitcoin critic, Nouriel Roubini, said on Sunday night viaTwitter.

"Another proof that bitcoin is not a good hedge versus risky assets in risk-off episodes. It actually falls more than risky assets during risk-off."

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[Updated] The Real Reason Behind Bitcoin And Cryptos Massive $50 Billion Crash? - Forbes

Litecoin, Stellar’s Lumen, and Tron’s TRX – Daily Analysis 16/03/20 – FX Empire

For the day ahead

Stellars Lumen would need to move back through to $0.03850 levels to support a run at the first major resistance level to $0.04015.

Support from the broader market would be needed, however, for Stellars Lumen to break back through the first major support level at $0.03640.

Barring a broad-based crypto rebound, resistance at $0.038 would likely leave Stellars Lumen short the first major resistance level.

Failure to move through to $0.03850 levels could see Stellars Lumen fall deeper into the red.

A fall back through the second major support level at $0.03475 would bring the third major support level at $0.031 into play.

Barring an extended crypto sell-off, however, Stellars Lumen should steer clear of sub-$0.030 support levels.

Major Support Level: $0.03640

Major Resistance Level: $0.04015

23.6% FIB Retracement Level: $0.1051

38% FIB Retracement Level: $0.1433

62% FIB Retracement Level: $0.2050

Trons TRX rallied by 5.61% on Sunday. Reversing a 4.25% slide from Saturday, Trons TRX ended the week down 29.95% at $0.010297.

A mixed start to the day saw Trons TRX rise from an early morning intraday low $0.0097 to a mid-day high $0.010537.

Steering clear of the major support levels, Trons TRX broke through the first major resistance level at $0.01034.

In the early afternoon, Trons TRX rallied from a low $0.010004 to a late intraday high $0.011173.

Trons TRX broke through the first major resistance level at $0.01034 and the second major resistance level at $0.01087.

A late pullback, however, saw Trons TRX fall back through the major resistance levels to wrap up the week at $0.1020 levels.

At the time of writing, Trons TRX was down by 6.80% to $0.009596. A bearish start to the day saw Trons TRX fall from an early morning high $0.010361 to a low $0.009347.

Steering clear of the major resistance levels, Trons TRX fell through the first major support level at $0.00961 early on.

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Litecoin, Stellar's Lumen, and Tron's TRX - Daily Analysis 16/03/20 - FX Empire

Litecoin Price Analysis: Where are the support levels? Maybe 46.00 will work – FXStreet

Litecoin is looking bearish again and the price is trading another 5% lower on Wednesday. This comes after a heavy fall over the weekend. Looking at the prices now it's hard to see any support levels close by. This led me to look further back to see if there was any meaningful support zones in the past that could be used in the nearer term.

The chart has been another but lower high and lower low waves as the pair remains in a technical downtrend. The levels in the chart below have been picked out from the time between December 2019 and January 2020.

The first major support level is in blue and its at 46.00. This level was used in early December at the consolidation high. It was used on multiple occasions to good effect and might act as a decent support this time around. The black line was a

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Litecoin Price Analysis: Where are the support levels? Maybe 46.00 will work - FXStreet

Bitcoin and Altcoins Attempt to Recover After Significant Crash – Cryptonews

The past 3-4 sessions saw a significant drop in bitcoin price from well above USD 8,000 to well below USD 5,000. BTC/USD lost more than 50% and even tested the USD 4,000 area. The price is currently (09:00 UTC) recovering above USD 5,000, but there are many resistances waiting on the upside.

Similarly, most major altcoins nosedived between 30%-50%, including ethereum, XRP, litecoin, bitcoin cash, BNB, EOS, TRX, ADA, and XLM. ETH/USD broke the USD 165, USD 150 and USD 120 support levels. Besides, XRP/USD fell sharply below the USD 0.180 and USD 0.150 support levels before the bulls appeared near USD 0.120.

Total market capitalization

After a daily close below USD 7,800, bitcoin price started a strong decline. BTC/USD tumbled more than USD 4,000 and tested the USD 4,000 and USD 3,950 levels. It is currently recovering losses above USD 4,500 and USD 5,000. An initial resistance is near the USD 5,500 level, above which the price may perhaps test the USD 6,200 resistance area.If the price fails to correct above USD 5,500 or USD 6,200, it is likely to resume its decline. An initial support is near the USD 4,800 level, followed by the USD 4,400 level.

Ethereum price followed bitcoin and declined more than 50%. ETH/USD tumbled below the USD 150 and USD 120 support levels. It even spiked below USD 100 before it found support near USD 90. The price is currently correcting above USD 120 and it might soon test the USD 130 and USD 142 resistance levels.On the downside, an initial support is near the USD 110 level, below which the price is likely to retest the USD 100 support level in the near term.

Bitcoin cash price nosedived below the USD 250 and USD 240 support levels. BCH/USD even spiked below the USD 150 level and tested USD 130. The price is now recovering and it is trading above the USD 150 level. On the upside, the previous supports near the USD 185 and USD 200 levels are likely to act as hurdles for the bulls.Litecoin fell below the USD 40.00 and USD 32.00 support levels. LTC/USD found support near USD 24.00 and USD 25.00. It is back above USD 30.00 and it could rise towards the USD 36.50 and USD 38.00 resistance levels. The main resistance is seen near the USD 40.00 level.XRP price settled below the USD 0.200 and USD 0.180 support levels, sparking a nasty decline. The price crashed below USD 0.150 and it even spiked below USD 0.120. It is now correcting higher, but the USD 0.155 and USD 0.162 levels are likely to act as key resistance levels for upside continuation.

In the past three sessions, almost all small-capitalization altcoins declined more than 50% and are currently recovering, including AE, MKR, IOST, BSV, NANO, ONT, MATIC, HOT, ZIL, STEEM, BNB, and QTUM.

Watch the latest reports by Block TV.

The overall price action is very bearish and the current recovery in bitcoin is likely to face barriers near USD 5,500 and USD 6,000. If the price resumes its decline, the main support is seen near the USD 4,200 and USD 3,800 levels._____

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Bitcoin and Altcoins Attempt to Recover After Significant Crash - Cryptonews

Xinxi Wang, Co-founder Of Litecoin And Coinut, Talks About Crypto Effects On Twitter – The Coin Republic

Xinxi Wang, the co-founder of the Litecoin foundation and Cryptocurrency exchange platform Coinut, shared his thoughts on Twitter regarding Cryptocurrency recently.

He says that if an individual enters the crypto world, there is no bailout, no QE (Quantitative Easing), no president pump, and nothing else, and according to his view entering crypto is a onetime function with no option of exiting.

He summarised that it is just the individual who has entered and the market in the battle, which he described as cold and brutal but can be hoped at its fullest. He also posted a set of rules to follow in the unpredictable market to stay in the safe zone.

The first character he described is to be disciplined in the market trends and not to risk what the individual cannot afford, and the next rule he defined is not to use any leverage in the market trade. Still, if the individual uses leverage, it should be bearable.

Xinxi is the co-founder and CEO of the Coinut Cryptocurrency Exchange Platform. He started his trading journey got his first pot of yield in the Forex market and later he was attracted to Bitcoin and its features back in 2011.

He completed his Ph.D. degree in Computer Science from the National University of Singapore. Xinxi is currently a core developer in the Litecoin foundation after he co-founded the Foundation along with Charlie Lee and later co-founded another Crypto-related product, Coinut Cryptocurrency Exchange Platform.

Which is based in both Singapore and Canada, Coinut stands for COIN Ultimate Trading. This trading and exchange platform is one of the prominent and growing exchange platform in the industry specially designed for Litecoin trading, users who sign up on this trading platform get $2 worth of Litecoin as a bonus.

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Xinxi Wang, Co-founder Of Litecoin And Coinut, Talks About Crypto Effects On Twitter - The Coin Republic

Elon Musk tells SpaceX workers: ‘Driving is deadlier than coronavirus’ – ZDNet

Outspoken entrepreneur Elon Musk has sent a memo to SpaceX employees informing them that they're more likely to be killed in a car crash than dying from COVID-19.

Exactly what point Musk was making in his email on Friday to SpaceX workers isn't clear, but he appears to have wanted to allay panic by pointing out the relative risks of driving versus being infected by the novel coronavirus, which causes COVID-19.

SpaceX is gearing up for its first launch with NASA astronauts onboard in May, but that, like so many other events in all industries, could be disrupted by COVID-19.

The World Health Organization says there are currently 164,837 confirmed cases and 6,470 deaths due to COVID-19. Ina March 12 updateit warned that a surge in "critically ill patients requiring mechanical ventilation has strained some health systems and exhausted biomedical supplies and staff".

Musk's email, seen by BuzzFeed News, tells workers that all the evidence he had seen about COVID-19 "suggests that this is *not* within the top 100 health risks in the United States". In the US, there have been 1,678 confirmed cases.

"As a basis for comparison, the risk of death from C19 is *vastly* less than the risk of death from driving your car home," Musk wrote to SpaceX employees. "There are about 36,000 automotive deaths per [year], as compared to 36 so far this year for C19."

The message is consistent with a tweet Musk posted on March 6 that "the coronavirus panic is dumb" a week before Donald Trump announced a ban on travel to the US from the EU that has since been extended to the UK and Ireland.

Of course, health officials across the globe have highlighted that the point of measures like self-isolation are aimed at preventing the spread of the novel coronavirus to vulnerable people, including the elderly and those with medical conditions, who have a much higher chance of dying than the young and healthy.

Per CNBC, Musk has reportedly told employees that if they're feeling ill "it's always better to stay home and take care of yourself".

However, unlike others in the $400bn space industry, SpaceX appears to be proceeding with business as usual. NASA, Boeing, Lockheed Martin, and Amazon CEO Jeff Bezos' Blue Origin have put restrictions on business travel and implemented remote-working arrangements.

NASA last week saidon March 8 it had confirmed that an employee at its Ames Research Center in Silicon Valley had tested positive for COVID-19. Another worker at Marshall Space Flight Center in Alabama has also tested positive for COVID-19. NASA has since implemented 'Stage 3' mandatory telework status at Marshall.

On Saturday, NASA said all NASA centers had moved to Stage 2, which means "telework is strongly encouraged for employees who can work remotely".

"I've directed employees to take home their laptop computer, power cord, NASA badge, and any other equipment needed to work effectively from an alternate location, as well as essential personal items they may need," said NASA administrator Jim Bridenstine.

"The workforce is asked to stay in regular contact with supervisors. Travel that is not mission-essential, as defined in the response framework, will be limited agencywide."

The US Center for Disease Control and Prevention (CDC) on Sunday issued new guidance that all events with more than 50 people should be cancelled or postponed for eight weeks.

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Elon Musk tells SpaceX workers: 'Driving is deadlier than coronavirus' - ZDNet

Elon Musk – forbes.com

Stats

Age48

Source of WealthTesla Motors, SpaceX, Self Made

ResidenceLos Angeles, California

CitizenshipUnited States

Marital StatusDivorced

Children5

EducationBachelor of Arts/Science, University of Pennsylvania

Musk was accepted to a graduate program at Stanford, but deferred attendance to launch his first business, software company Zip2.

As a kid Musk taught himself to code; he sold his first game, Blastar, for about $500.

$12B

Billionaires March 2015

$13.3B

Forbes 400 September 2015

$10.7B

Billionaires March 2016

$11.6B

Forbes 400 October 2016

$13.9B

Billionaires March 2017

$20.8B

Forbes 400 October 2017

$19.9B

Billionaires March 2018

$19.6B

Forbes 400 October 2018

$22.3B

Billionaires March 2019

$19.9B

Forbes 400 October 2019

I operate on the physics approach to analysis. You boil things down to the first principles or fundamental truths in a particular area and then you reason up from there.

24,532 views|

Mar 14, 2020

Elon Musk tweeted that coronavirus panic was dumb last Friday. Since then, the value of his Tesla stock has tanked by $5.5 billion.

24,920 views|

Mar 13, 2020

Since then, concerns over the disease have spread exponentially.

3,240 views|

Mar 10, 2020

Concerns about the economic impact of the coronavirus may be causing many CEOs to hold off on new multibillion-dollar capital investment projects. Not Elon Musk.

6,463 views|

Mar 10, 2020

The breathless surge in Tesla shares raised expectations Musk would soon hit the first tranche of a jaw-dropping pay package worth at least $55 billion over a decade

5,945 views|

Mar 9, 2020

SpaceXs Starlink constellation will not cause any problems for astronomy, the companys CEO and founder Elon Musk said today, Monday, March 9, despite many astronomers already being affected by the rapidly growing constellation.

45,361 views|

Mar 9, 2020

Case in point: The latest tweet from Elon Musk about the coronavirus now has almost two million likes on Twitter, and its gaining more retweets, replies, and likes by the hour.

95,027 views|

Mar 4, 2020

How about REVERSE smart summon?

1,115 views|

Mar 4, 2020

Your cell phone call is dropped, no problem. Your AV loses all communication, is this a problem ?

35,335 views|

Mar 4, 2020

Elon Musk, who's still running his victory lap after his electric car company Tesla proved its detractors wrong, has once again gone out to bat for his "fav" bitcoin alternativesending its price sharply higher...

8,217 views|

Mar 2, 2020

A billionaire investor may want Jack Dorsey out from Twitter. But some of Dorsey's employeesand another high-profile tech billionairedon't seem to share that sentiment.

8,246 views|

Mar 2, 2020

It was bold but wrong for the Tesla and SpaceX CEO to proclaim the end of manned fighter aircraft in front of U.S. Air Force officers. Here's why manned fighters will hold the competitive edge over drones and remote-piloted aircraft for decades into the future.

24,793 views|

Feb 29, 2020

Tesla's CEO tells a roomful of 'fighter mafia' that their days are numbered. In many respects he's right, but here's why it may take a lot longer than he predicted before drones displace manned fighter aircraft.

19,518 views|

Feb 21, 2020

Tesla raised $2.3 billion from a secondary stock offering it announced a week ago. In the same time frame, Musks net worth surged by an even higher figure.

11,804 views|

Feb 18, 2020

We live in the crazy world of social media where famous billionaires take swipes at one another.

29,943 views|

Feb 14, 2020

The handbook is like its founderno-nonsense, direct and to the point.

4,919 views|

Feb 13, 2020

The new offering is a surprise as Musk recently said the company didn't need to raise funds.

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Elon Musk - forbes.com

Elon Musk on planning for Mars: ‘The city has to survive if the resupply ships stop coming from Earth’ – CNBC

It will take 1,000 spaceships and "a million tons" of vitamin C to make life on Mars sustainable, says SpaceX CEO Elon Musk. Otherwise "you're going to die slowly and painfully."

That's because in order to live on Mars, "we need to have a self-sustaining city" there, Musk recently told Ars Technica.

A city on Mars "has to survive if the resupply ships stop coming from Earth for any reason whatsoever," Musk told Ars Technica. "Doesn't matter why. If those resupply ships stop coming, does the city die out or not?"

And "in order to make something self-sustaining, you can't be missing anything. You must have all the ingredients.It can't be like, well this thing is self-sustaining except for this one little thing that we don't have. It can't be."

Musk likened it to a long sea voyage: "That'd be like saying, 'Well ... we had everything except vitamin C.' OK, great. Now you're going to get scurvy and dieand painfully, by the way. It's going to suck. You're going to die slowly and painfully for lack of vitamin C. So we've got to make sure we've got the vitamin C there on Mars," he said.

"Then it's like, OK, rough order of magnitude, what kind of tonnage do you need to make it self-sustaining? It's probably not less than a million tons," he added. (The average adult needs between 75 and 90 milligrams of vitamin C each day, according to the U.S. Department of Health and Human Services. Assuming a 90 milligram dose, a million tons of vitamin Cwould be more than 10 trillion doses.)

Musk tweeted in January that the goal of his Starship transportation system to Mars will be to launch each of SpaceX's reusable Starship rockets about three times per day, on average, while carrying a 100-ton payload on each flight. with roughly 1,000 flights per year carrying more than 100 tons of cargo on each flight. At that rate, Musk theorizes, each Starship rocket would make roughly 1,000 flights per year, launching a total of 100,000 tons of cargo into orbit.

"So, every 10 ships yield 1 megaton per year to orbit," Muskalso tweetedin January.

And 1,000 Starships could send "maybe around 100k people per Earth-Mars orbital sync," Musk added on Twitter, referring to the period, every 26 months, when Earth's and Mars' orbits are best aligned for an interplanetary journey. "That's the goal."

(Currently, Musk has SpaceX engineers working day and night building his Starship system, according to Ars Technica.)

Musk has thought about how other things would work on Mars too.

For instance, there will be "a lot of jobs" on Mars, he tweeted in January.

And on the "Third Row Tesla" podcast, also in January, Musk said there will be a "direct democracy" on Mars so that the inhabitants will make decisions for themselves.Musk alsobelieves there should befewer and less complicatedlaws on Mars than there are on Earth.

As for the city itself, it will have "an outdoorsy, fun atmosphere," Musk told Popular Mechanicsin February 2019. So "you'd probably want to have some faceted glass dome, with a park, so you can walk around without a [space] suit."

Food would be grown on solar-powered hydroponic farms, located either underground or in an enclosed structure, he said.

Musk plans to send a SpaceXrocket to Mars, with cargo only, by 2022, according to the SpaceX website. A second mission, which would take more cargo and crew, is targeted for 2024. Musk has also said he'll send a million people to Mars by 2050.

"I'll probably be long dead before Mars becomes self-sustaining," Musk told Ars Technica. "But I'd like to at least be around to see a bunch of ships land on Mars."

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Elon Musk on planning for Mars: 'The city has to survive if the resupply ships stop coming from Earth' - CNBC

Elon Musks Drive To $55 Billion Tesla Payday Slowed By COVID-19 Stock Slide – Forbes

Elon Musk at the 2020 Satellite Conference and Exhibition March 9 in Washington, DC.

The breathless surge in Tesla shares that gained steam through February raised expectations that CEO Elon Musk would soon hit the first tranche of a jaw-dropping pay package worth at least $55 billion over a decade for hitting performance targets set by Teslas board. He could qualify for a payout of $435 million as early as late April, though the timing is increasingly clouded as Tesla shares plunge amid coronavirus concerns.

Musks long-term compensation package, approved in March 2018, set a series of specific market cap, revenue and adjusted profit targets to be attained over a decade. To receive the maximum payout, Teslas market cap must hit $650 billion, more than six times the current level; annual revenue from Teslas electric vehicles, batteries and solar panels has to be $175 billion, with adjusted earnings of $14 billion. Forbes estimates Musks net worth is $34.6 billion as of March 10.

Payouts to Musk come in the form of a dozen individual awards of about 1.69 million Tesla shares, assuming hes met one of 12 market cap goals, along with revenue and adjusted profit targets. If he falls short in a particular period, he gets nothing. Hes well on his way to fulfilling the first set as Teslas revenue of $24.6 billion in 2019 and annual adjusted pre-tax earnings of at least $1.5 billion represented two operational milestones, the company said in its annual report filed on Feb. 13. At that time, no market capitalization milestones have been achieved.

But Teslas surge that pushed its market cap to $100 billion for the first time on Jan. 22 kept going for more than 30 days. Retaining that level for both 30 days and six-months is looking harder to predict. Currently, Teslas six-month trailing valuation is $80 billion, from Sept. 11 through March 10.

Tesla

U.S. markets were hit particularly hard on March 9, with the Dow Jones Industrial Average down 7.8%, the S&P 500 off 7.6% and the Nasdaq Composite falling 7.3%. Tesla rebounded a bit on Tuesday, up about 6% to $645.33.

Since closing at a record $917.42 on Feb. 19, which inflated Teslas market cap to $168.8 billion, the stock has plunged 31% through March 10, cutting its valuation to $119 billion. If the current level holds for another six weeks, Musk could see his first payout by the end of April. The 1.69 million shares in the first award have an exercise price of $350.02 each, so if Tesla shares were still at the $608 level of March 9, the awards net value for him would be about $435 million.

A review of Musks package by The New York Times in January 2018 called it the boldest pay plan in corporate history. Not to be outdone, Musk himself told the paper: I actually see the potential for Tesla to become a trillion-dollar company within a 10-year period.

In February, as the stock was surging, one estimate calculated the six-month market cap target could come as early as April 17, assuming the shares didnt fall below a Feb. 11 closing price of $774.38. Currently, in a best-case scenario in which the stock stays at or above its current price of $608 a share, Forbes estimates the six-month average could still be met by as early as April 22. But with ongoing market turbulence as companies and investors try to get a grasp of the scope of economic damage from the COVID-19 outbreak, the odds of that happening are getting tougher.

Musk hasnt commented directly on either his pay package or stock drop recently, though he lashed out at coronavirus panic late last week, telling his 32 million Twitter followers on March 6 the coronavirus panic is dumb.

That drew a rebuke from former options trader and risk analyst Nassim Nicholas Taleb, best known for his book The Black Swan:The Impact of the Highly Improbable, who told Musk on Twitter saying the coronavirus panic is dumb is dumb.

Aside from his potential disappointment of a delayed stock payout, the often sleep-deprived Musk may have even more on his mind these days than the usual challenges of running both Tesla and SpaceX. His romantic partner, Canadian singer Grimes, told Rolling Stone in an interview this month that shes pregnant with Musks sixth child.

Regardless, he was more sanguine about stock exchange turbulence on March 9, tweeting market was bit high anyway, so due for a correction.

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Elon Musks Drive To $55 Billion Tesla Payday Slowed By COVID-19 Stock Slide - Forbes

Twitters Most-Liked Tweet Of The Week: Elon Musk Calls Coronavirus Panic Dumb – Forbes

Tesla chief Elon Musk called coronavirus a "pandemic" on Twitter five days before the World Health ... [+] Organization officially designated it as one.

Topline: Tesla CEO Elon Musk received the most likes and retweets during the past 7 days on Twitter, according to data compiled by the social media tracking firm NewsWhip, for his dismissive March 6 Tweet claiming the coronavirus panic is dumb, before the virus had upended industry and American life, showing just how much can change in seven days.

Big number: 15%. Thats how much Teslas stock price has dropped during this weeks massive sell-offs.

Key background: Over the last few months, coronavirusofficially named COVID-19has spread quickly from Wuhan, China to the rest of the world, with Italy, Iran and South Korea dealing with the most severe outbreaks outside of China. In the U.S., state and local governments have begun limiting large gatherings of people to fight disease transmission. According to the New York Times, more than 135,000 cases have been confirmed worldwide and nearly 5,000 have died as of Friday. Critics have slammed the Trump administrations response to the outbreak, accusing Trump of downplaying the threat of the virus, and flubbing his national address on the crisis, while the administration has faced heat for creating botched test kits and then being too slow in making working kits available.

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Twitters Most-Liked Tweet Of The Week: Elon Musk Calls Coronavirus Panic Dumb - Forbes

Elon Musk Talks Starlink, 5G, Education and More at SATELLITE 2020 – Aviation Today

On the hot topic of Starlink, Musk shut down the idea that SpaceX is considering splitting it off for a potential IPO.

We are thinking about that zero, Musk said. He emphasized the key focus with Starlink is on making it work, as he namechecked the failed LEO operations in the late 1990s such as Teledesic, ICO, and Iridium (the first inclination). We need to set the stage of LEO constellations. Guess how many LEO constellations didnt go bankrupt zero, Musk said. Iridium is doing OK now, Teledesic and others went bankrupt. We are focusing on making it not go bankrupt.

The SpaceX founder believes the world had an insatiable appetite for bandwidth, and he said he doesnt think Starlink would destroy the business plans of other satellites.

Also, in terms of Starlink, Musk said he did not see it as some super threat to telcos.

It will serve the hardest to serve customers. 5G is great for high density situations, but it is not great for the countryside. So, any kind of sparse environment, 5G is not well suited. Starlink will serve the 3% to 4% hardest to reach customers for telcos. So, I think it will be actually helpful and take a significant load off the traditional telcos. We wont have a lot of customers in [Los Angeles], for example, he said. We are targeting latency of below 20 milliseconds. Bandwidth is a very complex question. Somebody will be able to do all the things they want to do without noticing anything. The ground equipment looks like a UFO on a stick. It will have actuators on it, so it can improve the pointing accuracy. You dont need a specialist to install it. Point at sky and then plug in.

With Starlink looking to launch lots of satellites, there have been concerns raised from astronomers regarding Musk said, I am confident will not cause any impact in whatsoever in terms of astronomic discoveries. We will take corrective action if it is above zero. When the satellites are first launched, they are tumbling a little bit, and havent stabilized. Now, they are on orbit, I would be impressed if someone could tell me where all of them are. It cant be that big of a deal.

SpaceX launched its fifth batch of Starlink satellites on a Falcon 9 on Sunday, but did not complete the booster landing, which would have been its 50th successful landing. Photo: SpaceX

When Musk reflected on his career, he said if he could go back, he would make a far fewer mistakes. Hindsight is 20/20. I have made so many foolish mistakes, I have lost count. Simple mantra, management by rhyming. If the schedule is long, the design is wrong. The acid test is how long will it take for this to fly. If it takes too long, dont do it.You need to simplify your product as much as possible. How does a smart engineer make a dumb mistake? You optimize something that does not exist. A lot of times you should say this is the wrong question. Your goal is to make your design less wrong over time, Musk said.

As to the value of a college education, Musk said You dont need college to learn stuff. You can learn anything you want for free. There is a value that colleges that have, can someone work hard at something, and annoying homework assignments and get it done. That is the main value of college. I think colleges are not for learning, they are for fun and doing your chores. I dont consider going to college as evidence of exceptional ability. Steve Jobs, Bill Gates, Larry Ellison, they all dropped out.

While Musks words may not have been music to the ears of colleges across the United States, one of the other main themes of his fireside chat was talking about Starship, as human spaceflight draws ever closer. However, while progress on this front is likely imminent, Musk talked about an accelerated rate of progress needed if we are to have resettlement on Mars. He said, I hope I am not dead when resettling on Mars happens. But, if dont improve our rate of progress, I will be dead. It has taken 18 years to get the first people ready. We have to improve our pace of innovation a lot. I dont want to be dead [to see this happen.] It is great that we are about to launch people to orbit. It has been a long time 18 years. But, we havent done it yet. Unless we improve our rate of innovation dramatically, we wont be able to have a base on the moon or a city on Mars.

In terms of some of the significant challenges facing Starship, Musk said SpaceX has a big focus on Starship in terms of new technology development. We need a whole new architecture, and that is what Starship is about. It needs to be completely re-usable. It needs to be re-launched an hour after landing. It is like commercial aircraft. The only thing you expect to change on a regular basis is propellant. It has got to be fast. We are building a production line. Designing rockets is not that hard. The hard part is building a production line, and that is 1000 percent harder, maybe more. Production and manufacturing is something I see as very under-appreciated in the U.S.

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Elon Musk Talks Starlink, 5G, Education and More at SATELLITE 2020 - Aviation Today

With 5 Words, Elon Musk Just Told Us What He Really Thinks About the Future of Innovation – Inc.

Elon Musk has never been particularly shy about, well, anything. He'sknown for sharing his thoughts about competitors, critics, and the products his companies produce. Sometimes, you might argue, he shares more than he should. However, it's usually worth paying attention to what he has to say.

On Monday, Musk was onstage at the Satellite 2020 conferenceand shared his thoughts about the future of innovation. Specifically, Musk said he believes "technology does not automatically improve."

Sure, that doesn't sound overly profound, until you start to unpack it and realize that most of us do assume that the next versionof something will automatically be better than the previous. As Musk points out, however, that's not necessarily the case. In fact, often it'sthe opposite.New is not always the same as better.

As an example,Musk had a few choice words for Apple, especially when it comes to the iPhone:

I'm an iPhone user, but I think some of the recent software updates have like been not great, certainly feeding into that point. It, like, broke my email system ...which is quite fundamental.

That's a fair assessment.

Musk is likely referring to the release of iOS 13, which was widely criticized as a result of a number of bugs and flaws. In fact, the Department of Defense even encouraged people not to upgrade their devices because of the problems. One of the worst problems related to the Mail app, where the list of messages would show "No Sender" instead of whoever actually sent you the message.

Apple didn't become one of themost valuable companiesin the world by making poorly designed products. On the contrary, it has long beenknown for its product design and the relationship between device and software. Still, even the big guys get it wrong on occasion.

That's because sometimes, in our effort to innovate, we break things--including things that people depend on.The changes you make--even in the name of innovation--have a real impact on your customers'lives.

Obviously, technology improves as a result of the innovation and work done by the people who design and build it. It doesn't just happen on its own. That's an important lesson for every entrepreneur.

The future of technology depends on the people who build it, and their acknowledgment that innovation doesn't just happen. It requires discipline and a commitment to the overall user experience. That doesn't mean that every innovation will be a home run,but your job is to build something that adds value for your customers.

And, by the way, Musk is right: Breaking email doesn't add value to anything.

Published on: Mar 11, 2020

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

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With 5 Words, Elon Musk Just Told Us What He Really Thinks About the Future of Innovation - Inc.