4h ago
Bitcoin, Ethereum, XRP, and Solana Rebound After Sell-Offs with Key Resistance Levels Ahead
Bitcoin, Ethereum, XRP, and Solana have rallied following recent sharp declines, recovering from oversold conditions and testing critical support zones. Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, has identified specific price targets for each asset. The analysis examines whether the current bounce represents a sustainable reversal or temporary relief rally amid broader market uncertainty.
BTC
BTC+0.89%
4h ago
4h ago
Uzbekistan to Launch Retail Stablecoins Backed 1:1 by Wholesale CBDC in 2026
Uzbekistan will introduce retail stablecoins through licensed financial institutions starting January 2026. Each stablecoin will be backed 1:1 by a wholesale central bank digital currency held by banks and fintech firms. The framework creates a two-tier structure where citizens use stablecoins for transactions while institutions settle with the CBDC. This approach differs from other jurisdictions that have positioned CBDCs as stablecoin replacements or embraced stablecoins without developing central bank digital currencies.
4h ago
10h ago
Bitcoin Holds Above $90,000 Amid Exchange Inflow Concerns
Bitcoin climbed back above $90,000 on November 26, posting its strongest weekly gain since the October 10 decline. Data show over $2 billion in Bitcoin flowed into Binance over seven days, while stablecoin inflows totaled only $735 million during the same period, according to CryptoQuant. On-chain analyst CryptoOnchain warns the supply-demand gap may limit buying power to absorb potential selling pressure.
BTC
BTC+0.89%
10h ago