💥 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
London Stock Exchange Group plans to offer on-chain settlement services for institutional investors
According to Mars Finance, Cryptopolitan reported that the London Stock Exchange Group announced on Thursday its plan to launch an on-chain settlement service for institutional investors, called LSEG Digital Securities Custody. The platform will connect traditional securities markets with blockchain networks, supporting the trading and settlement of tokenized bonds, stocks, and private market assets, while remaining compatible with existing infrastructure. The system will support multiple blockchain networks, with an initial delivery target set for 2026, pending regulatory approval. LSEG has already operated a blockchain platform for private funds on Microsoft Azure, and this new system is a further expansion of its digital asset strategy. The company stated it will form a strategic partnership group to gather market feedback during development and build an ecosystem that enables cross-timezone, multi-payment support for digital and traditional markets. Major UK financial institutions such as Barclays, Lloyd’s, National Westminster Market, Standard Chartered, and Brookfield have expressed support for the plan.