Switzerland City Lugano Bullish on Crypto, Accepts Bitcoin for Taxes. Everlodge to Incorporate AI Within Ecosystem

Switzerland city Lugano has now enabled taxpayers the opportunity to use the Bitcoin (BTC) cryptocurrency to pay for taxes, fines, and all other invoices from the municipality. In a statement published on Dec. 5, Lugano authorities said that individuals and businesses can settle bills in BTC and USDT just by scanning a QR code.

Everlodge (ELDG) is an upcoming presale-stage project that has the potential to explode in value as it incorporates AI into its ecosystem.

Today, we will explore the price outlook for both cryptocurrencies to see how far they can rise.

Bitcoin (BTC)

Bitcoin (BTC) recently saw a rapid level of growth, especially following the latest announcement from Lugano. Alongside it, the focus on a Bitcoin exchange-traded fund (ETF) has persisted among investors for years, and the recent hype surrounding its potential approval has pushed the BTC value further.

There is hope that the Securities and Exchange Commission (SEC) will grant this approval by the Jan. 10 deadline. All of this contributes to its importance among investors now. During the past week, the Bitcoin price hit some new highs and went above the $43,000 range, driven by the increased positive sentiment that the bull run will occur in the following year.

The buying volume for the cryptocurrency is also consistently rising and is positively impacting its price. Buyers succeeded in taking control of the supply zone, and the dominance of bulls is visible.

Everlodge (ELDG)

Everlodge (ELDG) is an upcoming real estate marketplace that will give anyone the opportunity to become a co-owner of multi-million dollar homes, luxury villas, or hotels for just $100.

The platform works by minting properties as NFTs. This way, if a property is worth $10,000,000, it can get split across 100,000 pieces, all of which are worth $100 each. This way, anyone can buy a single fraction of a property or numerous properties and retain all the benefits that come with owning them. For example, they can buy a fraction of a rental property and become co-owners. Each NFT also grows in value in parallel to the real-world property it represents.