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The U.S. House of Representatives just approved three major crypto-related bills, and they could shake things up for digital assets. 

One of them, called the GENIUS Act, lays out clear rules for stablecoins. Alongside it, the Clarity for Payment Stablecoins Act and the Anti-CBDC Surveillance State Act also made it through. 

Together, these bills aim to bring legal structure to stablecoin issuers while pushing back on government-run digital currencies. While that was happening, HBAR price was trading around $0.246, up more than 4% on the day. 

With fresh bullish momentum on the charts and new laws that favor regulated stablecoin platforms like Hedera, traders are keeping a close eye on what comes next.

The GENIUS Act and the stablecoin clarity bill are both focused on giving crypto projects a more reliable regulatory foundation. That’s great news for networks like Hedera, which already supports USDC and other enterprise-friendly tools. 

The US House of Representatives has officially passed the GENIUS ACT!

TRUMP IS ABOUT TO SIGN IT$HBAR might pump hard

Congratulations everyone! https://t.co/KSp3CefAzA pic.twitter.com/0ZgYAWgXmr

With clearer rules, more institutions might feel confident using Hedera for tokenized payments, stablecoin transactions, or even real-world asset projects. That could drive new adoption, and possibly a stronger demand for HBAR along the way.

If you’ve been watching the charts, HBAR price just had a strong rally from $0.16 to over $0.26. 

Now it’s cooling off between $0.24 and $0.26, and it formed what looks like a textbook bull flag. 

That’s often a bullish continuation signal. Support sits around $0.22 and $0.18, while resistance is waiting at $0.29 and $0.33.

If HBAR breaks out above $0.26 with solid volume, traders are targeting those next levels. The RSI (or strength indicator) still looks strong, so bulls are in control, at least for now.

Read Also: Why Is Dogecoin Still 3x Bigger Than HBAR, Despite Hedera’s Partnerships?

A tweet from GilmoreEstates says the GENIUS Act passed and even suggests that Trump is about to sign it, though that’s likely just hype. 

Still, the market is reacting. Another post by TrendFi  points out the same bull flag we’re seeing on the charts and predicts a move toward $0.33. 

That would line up with resistance and the expected breakout if momentum holds. With bullish sentiment building and regulation moving forward, HBAR price could be setting up for its next leg higher.

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The post Hedera (HBAR) Price Rally Gains Steam After U.S. House Passes Crypto Bills – Analyst Eye $0.33 Target appeared first on CaptainAltcoin.

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