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Daily News on Bitcoin and Lightning. #BitcoinNews

The most expensive pizza ever sold.

Laszlo will forever be a legend.

https://m.primal.net/KtTx.mp4

Edelman Financial Services Founder, Ric Edelman, makes the case for $420,000 Bitcoin: "A global 1% allocation to Bitcoin would lead to a $7 trillion infusion into the asset."

https://m.primal.net/KswK.mov

Bitcoin ATMs are under scrutiny due to a rise in scams, especially targeting the elderly. In 2023, such frauds caused over $120M in losses.

https://bitcoinnews.com/legal/bitcoin-atm-scams-senators-call-for-action/

Bloomberg’s latest video asks: Is Bitcoin a true dollar hedge or just another risk asset?

https://m.primal.net/Krwz.mp4

The latest edition of our newsletter is live!

Check it out and let us know what you think.

https://weekly.bitcoinnews.com/p/microstrategys-masterstroke-impact-relentless-bitcoin-strategy

Hadsel residents face a 20% electricity hike after a major Bitcoin mining center, using 80 GWh annually, closed due to noise complaints.

https://bitcoinnews.com/mining/bitcoin-mine-shutdown-hadsel-norway/

BlackRock now sees Bitcoin as a “hedge against global disorder,” marking a major shift for the $9 trillion asset manager, once skeptical of the digital asset.

https://bitcoinnews.com/adoption/blackrock-bitcoin-hedge-global-disorder/

Bill Miller: I haven't heard a good argument as to why you wouldn't put 1% of your liquid net worth into Bitcoin. https://video.nostr.build/75ee1fb23d0877f90725d3f69a1288a8c1176f8f37a2cb62d10dfec1ad6fc7c4.mp4

If the Fed doesn’t cut interest rates next week, the U.S. interest expense could soar to $1.6 trillion by the end of 2024—exceeding even Social Security's annualized cost of about $1.5 trillion.

A Norwegian town experiences a nearly 25% spike in electricity rates for residents after the municipality shuts down a local Bitcoin mine. 👀

“We want industry that creates value - so no one thinks we want a new data centre.”

The latest purchase was partly financed through a $750 million bond issuance, demonstrating MicroStrategy’s commitment to leveraging both existing assets and external financing to expand its bitcoin holdings.

https://bitcoinnews.com/adoption/microstrategy-bitcoin-purchase-18300-btc/

MicroStrategy is up $5.1 billion on their Bitcoin investment

Learning Bitcoin in Victoria, BC on September 28 offers expert talks, workshops, lounges, and more to help individuals and businesses navigate Bitcoin confidently.

https://bitcoinnews.com/press-release/learning-bitcoin-educational-event/

"Every time Bitcoin's age has increased by 40%, its price has risen by 6X."

https://m.primal.net/Knwa.mov