💥 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
The American Bankers Association Calls on OCC to Slow Down Approving National Bank Charters for Digital Asset Companies
Mars Finance reports that on February 12, the American Bankers Association (ABA) called on the Office of the Comptroller of the Currency (OCC) to slow down the approval process for national bank charters for digital asset companies. The banking industry lobbying group stated that the OCC needs to ensure its regulatory and bankruptcy frameworks can handle the risks posed by cryptocurrency and stablecoin companies, and urged all parties to exercise patience.