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Lugano, Switzerland Launches Bitcoin Anchored Stable Coin "LUGA"The Swiss city of Lugano has announced the launch of a Bitcoin anchored stable currency, Lugano (LUGA), which can be used by over 350 merchants in Lugano. The city government has revealed that it will begin accepting payment of taxes in Bitcoin on December 1st

The price performance of Dogcoin (DOGE) shows signs that a decisive breakthrough may be imminent. Analysts are concerned that DOGE is striving to overcome strong resistance trend lines

Due to the dominant position of Bitcoin (BTC) still exceeding 50%, counterfeit currency has been performing steadily, but there are also some notable exceptions.The low market value of counterfeit coins may indicate the final stage of the bear market cycle

With the increase of non zero balance addresses, the retail demand for Ethereum (ETH) has reached an unprecedented peak.Although ETH's whales are still accumulating funds, overall demand remains relatively weak

According to the latest post from IntoTheBlock, ETH has reached a new milestone - ETH has a balance of over 100 million addresses. Although the accumulation of whales is indeed beneficial for substitutes, the demand in the retail sector remains bleak

Famous Bitcoin developers and market analysts emphasized the relative performance of Bitcoin relative to the broader cryptocurrency market at the Bitcoin Amsterdam conference. BitcoinBitcoinIn the generally sluggish market conditions of the broader cryptocurrency sector, value propositions remain a source of confidence for investors and supporters

The cryptocurrency market week began with a strong short squeeze, placing Bitcoin short positions on the wrong trackIn a stunning event, Bitcoin (BTC) regained its vitality earlier this week, shocking market participants with a staggering 3.8% increase

Although the prices of Bitcoin and Ethereum have stabilized in recent weeks after experiencing a prolonged cryptocurrency bear market, discussion data indicates that the entire community is still significantly bearish.According to cryptocurrency analysis company Santiment, the mention rate of topics such as "inflation" and "bear market" is constantly increasing

Michael van de Poppe, a renowned cryptocurrency analyst and trader, said that the bear market that has been dragging down Bitcoin (BTC) and counterfeit currency may be coming to an end. In an important evaluation, the analyst also brought good news to all counterfeit currencies based on the dominance chart of Bitcoin

Bitcoin prices have fallen by nearly 5% in the past five days and are currently trading at $26776. On the weekly chart, there is a fierce competition between bulls and bears, while the daily time frame depicts the bullish outlook for Bitcoin, suggesting the possibility of a rapid rebound

In the current bear market atmosphere, Ethereum and Bitcoin are struggling together, but this has not stopped people from making bullish predictions about digital assets.The recent bullish forecast comes from British multinational bank Standard Chartered Bank, which believes that Ethereum prices may climb to a higher level of $8000

Bitcoin's current trading price is $26730, with a slight increase in the past 24 hours and a market value of $521.58 billion