💥 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
Tether Emerges as Major U.S. Treasury Holder as Stablecoin Demand Explodes
Tether could soon become one of the top 10 buyers of U.S. Treasury bills, according to Bo Hines, CEO of Tether’s U.S. arm. The shift is being driven by explosive demand for USDT, the world’s largest stablecoin, and the launch of USAT, its new U.S.-compliant counterpart. Speaking at Bitcoin Investor Week, Hines signaled that as stablecoin issuance grows, so too will Tether’s appetite for short-term government debt.