💥 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
From Entrepreneurship to Investment: The Shift in Global Cryptocurrency Attitudes in the Eyes of Binance's Founder
【Chain Wen】At the forum held in Davos, Switzerland, Binance founder Zhao Changpeng shared his latest career shift. He candidly admitted that after a high-intensity entrepreneurial journey, he no longer has the energy to start new projects from scratch, and his current focus is mainly on investment.
More interestingly, Zhao Changpeng mentioned the change in the US attitude towards the crypto industry. He believes this shift is of significant symbolic importance — the policy orientation of a top-tier power like the United States often influences other regions in the Western world to follow suit. Driven by the improved attitude in the US, countries like Thailand and several Central Asian nations are also beginning to adjust their views on crypto assets.
He specifically highlighted the progress in the United Arab Emirates, where he has resided for a long time. Two months ago, the UAE issued Binance a license covering almost all of its global operations, including futures trading. This indicates a clear increase in the acceptance of the crypto industry across different regions, with regulatory frameworks gradually being improved.