Switzerland City of Lugano Allows Tax Payments in Bitcoin and USDT
Citizens of Lugano, Switzerland, now have the option to pay their tax bills and community fees using Bitcoin (BTC) and USDT stablecoin. This move by Lugano places it among the four cities and cantons in Switzerland that accept cryptocurrencies as payment. Since the announcement on December 5, the value of these cryptocurrencies has increased.
Bitcoin (BTC) Breaks $43,000 Mark
Bitcoin (BTC) experienced a surge in value following the recent Lugano announcement and the anticipation of the Bitcoin Exchange-Traded Fund (ETF) approval. The community expects approval from the SEC by January 10, which has contributed to the positive sentiment and rapid growth of BTC. Based on predictions, BTC could reach $64,634.71 at the beginning of next year.
Helium (HNT) Shows Strong Performance
Helium (HNT) witnessed a significant increase in value, recovering from a low point at $2.00. The positive sentiment in the market has fueled an uptrend, and if prices successfully intersect the 50-day and 200-day EMAs, new swing highs may be reached. HNT’s price surged from $2.74 to $5.76 in the first week of December, with a prediction that it could reach $9.82 by the end of 2024.
Everlodge (ELDG) Disrupts Real Estate Market
Everlodge (ELDG) aims to make real estate more accessible by minting properties as NFTs and fractionalizing them. This allows anyone to become a fractional owner of luxurious properties for as little as $100. As property values rise, the NFTs gain value, and NFT holders can earn passive income by co-owning rental properties. The incorporation of an AI tool further enhances the platform’s capabilities. ELDG is expected to experience a significant surge in value, signaling promising growth potential following the completion of its ICO.
Hot Take: Bitcoin, Helium, and Everlodge Gain Momentum
Bitcoin continues to be bullish, Helium shows strong performance, and Everlodge disrupts the real estate market with its innovative approach. While all three cryptocurrencies have potential, Everlodge is currently gaining the most attention due to its impressive surge and high growth expectations. Analysts predict that Everlodge could grow by 3,000% at launch, making it a top investment choice. Keep an eye on these cryptocurrencies as they continue to make waves in the market.
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