💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
📍 CFTC Opens Stablecoin to the US Banking System
The Commodity Futures Trading Commission (CFTC) has expanded the regulatory framework for stablecoins, allowing national trust banks to issue USD-pegged tokens under the GENIUS Act framework. This means the US government permits trust banks to tightly regulate the issuance of their own USD-backed stablecoins.
This move shifts stablecoins from the private crypto sector into a regulated financial system with clear oversight, auditing, and legal standards. As a result, stablecoins are now eligible to participate in large-scale trading markets, derivatives, and futures contracts.