Day: August 14, 2024

MetaMask launches blockchain-based debit card in partnership with Mastercard and Baanx

https://preview.redd.it/lhsf4ucetoid1.png?width=1280&format=png&auto=webp&s=a36fe48f7e91d9060f92346b4453fd205f176087 MetaMask, one of the most popular cryptocurrency wallets on the Ethereum network, has announced the launch of its new blockchain-based debit card. The product was developed in collaboration with payment giant Mastercard and cryptocurrency payments specialist Baanx. Key facts: The MetaMask card is now available as part of a limited pilot for a few thousand EU and UK users. A wide release is expected later this year. Users will be able to directly pay for purchases with their crypto-assets such as USDC, USDT and wETH stored on the Linea blockchain, an Ethereum-based Tier 2 solution. An important benefit of the new card is that users retain full control over their funds right up until the point of payment. MetaMask users will now be able to spend their cryptocurrencies as easily as fiat money, without the need for prior conversion. Access to basic financial services will be greatly simplified, especially for users in countries with large unbanked populations. submitted by /u/dll_crypto [link] [comments]

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submitted by /u/XGramatik [link] [comments]

Here’s what Wall Street expects from Nvidia’s upcoming quarterly report

Pepperstone MT5 – Daily Chart Nvidia generated a record $26 billion in revenue during the fiscal 2025 first quarter (ended April 28), which was a 262% increase from the year-ago period. It blew Wall Street’s $24.6 billion projection right out of the water. The result included $22.6 billion in data center revenue alone, which represented 427% growth on the back of surging GPU demand. Nvidia also delivered an incredible result at the bottom line, with $6.12 in earnings per share. It was a 461% increase and it came in comfortably above the Street’s $5.59 prediction. Wall Street also underestimated Nvidia’s guidance. The company told investors it expects to show $28 billion in second-quarter revenue when it reports on Aug. 28, whereas the Street pegged that number at $26.6 billion. Analysts have since played catch-up, and their consensus estimate has been revised higher to $28.5 billion, which signals Nvidia’s own forecast might even be too conservative. We’ll know for sure in two weeks. If Nvidia exceeds Wall Street’s sales estimate, its stock could jump by at least 9% the following day, as it did after its Q1 results. The response could be even more positive given the recent dip in the stock. However, investors should be more focused on the longer term. Source: https://www.fool.com/investing/2024/08/14/prediction-nvidia-stock-going-soar-after-august-28/ Picture: Pepperstone MT5 submitted by /u/FXgram_ [link] [comments]

US crude oil production has reached an all-time high of 13.4 million barrels per day.

https://preview.redd.it/h0nw8x7uhlid1.png?width=1069&format=png&auto=webp&s=8003e28d541b6a6aea200e8216071a31e1bd7509 This marks a 22% increase in daily output over the past four years. Since 2008, production has surged by an incredible 350%, rising from around 3.8 million barrels per day. The US now leads global oil production, outpacing Russia by roughly 35% and Saudi Arabia by about 38%. The US is firmly at the top in global oil production. submitted by /u/XGramatik [link] [comments]

Spot Bitcoin ETFs in the US may soon collectively hold more Bitcoin than the cryptocurrency’s anonymous creator, Satoshi Nakamoto.

Bloomberg ETF Analyst Eric Balchunas posted a chart to X showing that the ETFs now hold 909,700 Bitcoin in total, worth around $55.1 billion at its current price of around $60,500. They’re closing in on Nakamoto’s estimated 1.1 million BTC stash, which the mysterious creator mined in the infancy of BTC and hasn’t touched after vanishing over 13 years ago. https://preview.redd.it/efelqm2rflid1.png?width=818&format=png&auto=webp&s=b2d83fa8aa7a369e8334a75ce9c489cee6848331 submitted by /u/Lor1al [link] [comments]

Constantly putting out fires isn’t the same as making progress

If you’re always reacting, you’re not planning, and if you’re not planning, you’re not really in control of where you’re headed. In most professions, it would be beneficial to spend at least one day a month doing nothing but thinking. Moreover, if your profession doesn’t involve this kind of improvement, it’s probably time to consider changing it, because clearly, someone else is doing the thinking for you. Do you need that? Well, if you’re okay with it, I’m happy for you. But if you don’t like someone else doing the thinking for you, then pick a day with no calls, meetings, or deliveries. Sit on the couch and think – about what’s working, what’s not, and what to do about it. It’s difficult because it doesn’t feel like work, and you’ll likely face some resistance from those around you. Even your colleagues. And your boss won’t like it either. Which is kind of strange, especially if your job involves some level of thought. In that case, it should be obvious that you need time to think. And to avoid looking like you’re just goofing off, I recommend a simple hack – write your thoughts down. submitted by /u/FXgram_ [link] [comments]