Latest / Sunny Mornings Boston / Jack Dorsey Bitcoin, Coinbase, Bruins, The Fall Guy

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Jack Dorsey Bitcoin, Coinbase, Bruins, The Fall Guy · Sunny Mornings Boston

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  Good morning and a warm welcome to your show, Sunny Mornings in Boston.
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  I'm your host Melissa, and it's Friday, May 3rd.
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  Coming up on today's show, we'll get into the weather report, then we'll jump into
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  some local news and a few interesting happenings in business, science and entertainment.
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  At first, you'll be interested to know 72 years ago, today, in 1952.
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  The Kentucky Derby, the most prestigious American horse race, was televised nationally in the
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  United States for the first time.
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  The winning horse was Hill Gale, ridden by jockey Eddie Arcaro.
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  So now you know.
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  And now you know what time it is.
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  It's time for the weather report.
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  In the Boston area.
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  This morning it's mostly cloudy and feels like 44 degrees, with 9 mile per hour wind.
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  The sunset will take place at 746, and it will rise again tomorrow at 534.
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  It looks like we're in for a mostly cloudy day, with a high near 58 and wind of 7 to
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  9 mile per hour.
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  Tonight, mostly cloudy with a low around 44.
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  For all you beach runners out there, the first high tide Friday will be at 730 am, with a
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  low tide at 2 pm.
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  The nearshore buoy at Cape Cod Bay reads 49 degrees for the water temperature.
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  Looking ahead in the weather.
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  This weekend will be mostly cloudy, with a chance of showers each day, with highs in
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  the upper 50s.
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  The chance of rain continues into Monday, with a high near 73 and partly sunny skies.
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  Tuesday will be mostly sunny and warmer, with a high near 75.
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  A chance of showers returns Tuesday night and continues into Wednesday.
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  Wednesday will be mostly cloudy, with a high near 68.
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  Bonjour, food enthusiasts!
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  This podcast is brought to you by Versailles Cafe and Pastries in Encinitas.
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  Nestled on El Camino Real South, just north of Encinitas Boulevard, this cafe is a haven
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  for culinary delights.
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  Indulge in their amazing Eggs Benedict or their gluten-free crepes.
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  You can grab a panini for lunch or just breeze on through to get your morning coffee.
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  They are open every day from 8 to 5.
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  Just stop on by and don't forget to tell them.
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  Sunny mornings send you.
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  In local news, this weekend offers a plethora of engaging activities, perfect for the spring
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  season.
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  Somerville opens studios, celebrating its 25th anniversary, invites the public into
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  over 350 local artists' workspaces on May 4th through 5th.
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  Dive into the world of art, fashion, and even puzzle activities designed by puzzle master
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  Erika Haynes.
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  Meanwhile, Elisa H. Hamilton unveils her new exhibition, Sightlines, at the Show Up Gallery,
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  drawing inspiration from her great-grandmother's quilts to explore themes of storytelling and
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  connection in art.
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  This exhibition kicks off with a reception on May 3rd and continues through June 2nd.
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  For Star Wars fans, the Boston Roller Derby hosts a special Star Wars Night on May 4th,
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  complete with character-themed matches and costume contests.
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  Now onto sports.
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  In the NBA playoffs, the Indiana Pacers eliminated the Milwaukee Bucks with a decisive 120-98
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  victory in Game 6.
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  Despite Damian Lillard's return and team-high 28 points, the Pacers showcased a strong performance
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  led by Obie Toppin with 21 points and T.J. McConnell's vital 20 points.
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  They now await the winner of the New York Knicks and Philadelphia 76ers series to determine
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  their next opponent.
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  The Bucks, on the other hand, struggled with injuries throughout the series, impacting
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  their performance and ultimately contributing to their early exit from the playoffs.
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  In local sports, the Red Sox at home lost to the Giants 3-1, and the Bruins doing their
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  best to throw away this playoff run on the road lost to the Maple Leafs 2-1.
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  And tonight the Red Sox are on the road in Minnesota to take on the Twins.
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  In top news, block led by CEO Jack Dorsey has announced a new initiative as part of
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  its first quarter earnings.
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  The payments firm is using 10% of its monthly Bitcoin-related gross profit to purchase additional
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  Bitcoin throughout 2024.
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  This strategy, which began in April, could potentially add $24 million in Bitcoin to
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  its balance sheet by year's end, based on first quarter profits.
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  Already holding a substantial amount of Bitcoin, block has also released a Bitcoin blueprint
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  for corporate balance sheets, detailing its acquisition and management strategies for
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  crypto assets.
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  This blueprint offers guidance on purchasing large Bitcoin amounts without impacting market
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  prices, along with information on custody, insurance, and accounting for these assets.
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  In business news, Coinbase, the largest U.S. cryptocurrency exchange, reported a significant
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  revenue increase of 72% in the first quarter, reaching over $1.5 billion and surpassing
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  analysts' expectations.
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  The surge in revenue, which resulted in a net income of just over $1 billion, was driven
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  by a rise in transaction volumes linked to a broader market upswing.
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  Consumer transaction revenue nearly doubled, and institutional trading saw substantial
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  growth, with volumes more than doubling.
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  Additionally, the quarter witnessed an all-time high in Bitcoin prices, contributing further
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  to Coinbase's financial success.
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  Despite these gains, transaction expenses also rose sharply by 73%, reflecting the costs
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  associated with increased trading activities.
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  In crypto movement, Bitcoin is now $59,000, Ethereum is just under $3,000, and Solana
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  is $138.
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  Moving on to a more local vibe, in our community spotlight on health and wellness, we are working
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  with a national Pilates studio to bring you some free classes, so listen up.
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  Check out Club Pilates with several locations in the Boston area.
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  Pilates presents a comprehensive wellness approach, cultivating strength, reducing tension,
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  and elevating mental well-being.
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  Scientific research affirms its benefits.
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  So now you can check out Club Pilates for a free class.
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  With locations in Canton, Wellesley, Hingham, Brookline, and Framingham, just be sure to
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  tell them Sunny Morning sent you by.
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  And now back to the show.
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  Let's talk science.
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  May's night sky promises a splendid display for astronomy enthusiasts.
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  The Etta Aquarids meteor shower, originating from Halley's Comet, will peak on May 5th,
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  offering up to 30 meteors per hour in dark sky locations.
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  This shower is notable for its broad peak, providing excellent viewing opportunities
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  a week before and after the peak date.
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  Additionally, the constellation scene shifts as we transition from spring to summer stars.
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  Key highlights include the Big Dipper, which acts as a navigational guide to other stars
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  and constellations like Polaris and Regulus.
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  As the month progresses, the moon phases from its last quarter to a full flower moon on
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  May 23, illuminating the night with this seasonal bloom.
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  For planetary sightings, Saturn will be visible in the early morning sky, enhancing the celestial
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  experience.
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  And in entertainment news, The Fall Guy, directed by David Leitch, premiered in March at the
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  2024 South by Southwest Film Festival, where it received high praise from critics.
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  The film, known for its daring stunts, officially opens in U.S. theaters today.
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  It features a groundbreaking stunt that broke the record for the longest canon roll, a record
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  previously held since the 2009 film Casino Royale.
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  Ryan Gosling described the day of the stunt as extremely tense.
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  The film is expected to be a hit, so audiences are advised to get their tickets early, especially
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  for IMAX showings.
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  Later it will be available on streaming services, likely Peacock, as it is distributed by Universal
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  Pictures.
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  Well, alrighty folks, it's time for the quote of the day.
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  And today, our quote comes from Michael Saylor.
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  He's one of Bitcoin's biggest proponents, and he's also the CEO of the publicly traded
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  company, MicroStrategy.
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  His company has nearly 8 billion dollars invested in Bitcoin.
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  And he once said this about the world's most valuable cryptocurrency.
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  Bitcoin is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire
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  of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted
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  energy.
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  And that's a wrap for this morning.
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  You can check out our Instagram, YouTube, and TikTok for some captivating aerial videos
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  with local news and the weather reports.
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  Have an amazing weekend, my good friends.
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  And we'll see you Monday with another episode of Sunny Mornings in Boston.