Bitcoin is on the verge of reaching $70,000, fueled by strong market sentiment and robust support from ETF inflows and crypto miners, according to Bernstein analysts. The influx of billions into Bitcoin ETFs, driven by positive political sentiment and retail investor enthusiasm, suggests a significant demand for the digital asset. The growing intersection of AI and crypto is also contributing to the bullish outlook.
Results for: Crypto Mining
An Airbnb host in the US has implemented a new rule banning crypto-mining after a group of guests used her property to mine cryptocurrency, leaving her with a hefty $1500 electricity bill. The guests reportedly made over $100,000 during their three-week stay, highlighting the potential for profit and exploitation in the cryptocurrency mining industry.