Aave is gaining ground in the decentralized finance space, with its token climbing past $260 as adoption and market performance continue to strengthen. In an X post published on May 20, Aave (AAVE) said it now holds 20% of the…

Aave’s DeFI TVL dominance reaches 20% as token breaks above $260

Cookie Coin has rallied over 27% after bouncing from a high-confluence support 
zone. With price now testing major resistance, consolidation could pave the 
way for a breakout toward higher targets. Cookie Coin (COOKIE) has shown 
remarkable strength, rising more than…

Cookie crypto price soars 27.06% after perfect bounce: is a breakout to $0.26 next?

Michael Saylor, founder of Strategy, formerly MicroStrategy, has once again 
reiterated that now is the time to buy Bitcoin. Michael Saylor, whose company 
is the largest corporate holder of Bitcoin (BTC), made the statement as the 
latest Bitcoin rally sent…

Buying Bitcoin at all-time high still makes sense: Saylor

The Texas House of Representatives has passed the third reading of SB 21, a 
bill that seeks to establish a strategic Bitcoin reserve in the state. The 
bill passed in a 101-42 vote and will now go to Texas Governor Greg Abbott to 
either sign into law or veto.
SB 21, authored by state Senator Charles Schwertner, establishes a Bitcoin 
(BTC) reserve that is managed by the state&#8217;s comptroller. The legislation 
allows the comptroller to invest in any cryptocurrency with a market cap above 
$500 billion over the previous 12-month period. Currently, the only 
cryptocurrency fitting the requirement is Bitcoin.
_Texas State Representative Giovanni Capriglione presenting SB 21. 
Source:__Bitcoin Laws_
Before the vote, state Representative Giovanni Capriglione said to the chamber 
that the bill was a &#8220;pivotal moment in securing Texas&#8217;s leadership in the 
digital age with the passage of our strategic Bitcoin reserve. Now, we embrace 
a modern asset with traditional properties for future promise.&#8221;
This is a developing story, and further information will be added as it 
becomes available.

Texas House passes strategic Bitcoin reserve bill

A Senate vote to advance a bill regulating stablecoins is being hailed as a 
pivotal moment for the cryptocurrency industry. Bitwise’s Matt Hougan Says 
GENIUS Act Lays Groundwork for Institutional Adoption Hougan’s latest analysis 
explained that the U.S. Senate voted 66–32 on Monday to move the Guaranteed 
Essential Neutral and Interoperable Uniform Stablecoins (GENIUS) Act […]

Bitwise CIO: Stablecoin Bill May Spark Multi-Year Crypto Bull Run

Shiba Inu (SHIB) printed a textbook-grade inverted head-and-shoulders on the 
daily chart this spring, and Tuesday’s session shows the pattern has now gone 
through the full breakout-and-retest sequence flagged by independent analyst 
Cantonese Cat (@cantonmeow). Shiba Inu Completes iH&amp;S Pattern The structure 
took shape over three distinct troughs: a left shoulder that bottomed just 
above $0.00001082 in mid-March, a head that wicked to about $0.00001030 in 
early-April, and a right shoulder that found support near $0.00001230 in the 
opening days of May. That sequence carved out an arc lasting more than two 
months, culminating in a decisive surge from May 8 that vaulted price through 
the neckline with a long, full-bodied green candle. Momentum on that breakout 
carried SHIB as high as the $0.00001765 region—its loftiest print since early- 
February—before profit-taking invited a classic “throwback.” Over the past 
sessions the token has slid back into the neckline zone, where bid interest 
has so far absorbed supply, validating the level as a fresh support zone 
between $0.00001400 and $0.00001470. The successful retest is the final 
criterion many technicians require before calling the pattern complete. 
Related Reading: Shiba Inu Marks Major Milestone Amid Market Rebound Toward 
$0.00002 Measured from the head’s extreme to the midpoint of the neckline, the 
vertical depth of the formation is roughly $0.0000037. Applying that distance 
to the breakout area confirms the local top at $0.00001765. Cantonese Cat 
summarised the setup succinctly: “SHIB daily – inverted H&amp;S brokeback pattern 
completed. Favors bullish continuation.” With the neckline now acting as a 
springboard, price action over the next few sessions will determine whether 
bulls can translate the technical victory into fresh upside follow-through or 
whether bears manage to drag the token back into the former trading range. 
Related Reading: Shiba Inu Could Erupt 500%—Analyst Sounds The Alarm SHIB 
Price Targets Upside targets can be found with the help of Fibonacci 
retracement levels. Anchoring the grid to last summer’s $0.00004569 high and 
the March swing low at $0.00001030 produces a 23.6 percent retracement at 
$0.00001865 which forms the second technical waypoint, only after the 200-day 
EMA at $0.00001603. Should buyers reclaim both lines on a closing basis, the 
roadmap points toward $0.00002382 (38.2 percent) and the midpoint level at 
$0.00002799, an area that also coincides with the lower margin of last 
December’s congestion zone. Beyond it, the golden-ratio mark at $0.00003217 
and the 78.6 percent retracement at $0.00003811 frame the penultimate 
obstacles before any renewed challenge of the macro peak. Conversely, failure 
to defend the neckline shelf near $0.00001430 would invalidate the bullish 
script and shift short-term risk back to the 50-day EMA around $0.00001399 and 
ultimately to the cycle floor at $0.00001030. Until that downside failsafe is 
breached, the Fibonacci grid argues that momentum remains skewed in favor of 
buyers pressing for a return into the high-teens and, potentially, the low- 
twenties in the weeks to follow. Featured image created with DALL.E, chart 
from TradingView.com