💥 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
Paolo Ardoino's view on Tether's gold reserve reshapes the global economic landscape
Paolo Ardoino, in his role as a leader at Tether, is shaping a new perspective on the global monetary architecture. His strategic approach places the ownership of real assets at the heart of a broader economic transformation. Beyond impressive figures, his thinking illustrates how major entities in the crypto sector anticipate a systemic shift in the current economic order.
How Paolo Ardoino Foresees the Transformation of the Global Monetary System
Paolo Ardoino’s vision is based on a fundamental observation: the US dollar is facing a gradual erosion of its hegemony. By promoting an alternative backed by tangible assets like gold, he positions Tether as a key player in this transition. Global governments are beginning to explore alternative economic models, and this trend is accelerating amid geopolitical tensions. Ardoino recognizes that this shift is not just speculation but a reality that is gradually unfolding.
A Strategic Gold Reserve as a Response to De-dollarization
Tether holds the world’s most impressive non-sovereign gold reserve, exceeding 140 tons, valued at over $23 billion. This wealth, stored in secure vaults in Switzerland, represents more than just a reserve asset. It symbolizes a concrete response to growing concerns about de-dollarization. In this context, Paolo Ardoino uses this gold as a foundation for renewed trust in digital instruments, providing physical backing in an era of virtual currencies.
Gold Market Signals Support Tether’s Strategy
The continuous rise in gold prices sends a strong message to markets: investors are seeking safe havens. This dynamic reinforces the relevance of Tether’s position and indirectly validates Paolo Ardoino’s insight. Asset management giants, including leaders at BlackRock, are also expressing confidence in gold’s attractiveness, creating a consensus that extends beyond the cryptocurrency sector. These converging opinions from influential figures illustrate how the global economic order is gradually shifting toward a multipolar model where real assets regain importance.