💥 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
KOFIA establishes a digital strategy to catalyze the expansion of digital assets in Korea
The Korea Financial Investment Association (KOFIA) has recently established a dedicated digital strategy team, marking a turning point in its approach to digital assets. According to information shared by NS3.AI, this move is part of the creation of the K-Capital Market Division, an organizational structure designed to coordinate multiple strategic areas.
The K-Capital Division: a new structure for the digital financial ecosystem
The K-Capital Market Division is not limited to digital issues alone. It also encompasses the management of cross-cutting aspects such as retirement policies and tax matters related to virtual assets. This holistic approach demonstrates KOFIA’s intention to structure the entire digital asset ecosystem in a coherent and regulated manner.
Security tokens and digital products: new development axes
The newly formed team aims to actively support member companies in designing and deploying security tokens as well as innovative financial products based on digital assets. This initiative reflects the growing recognition by the Korean financial sector of the strategic importance of blockchain technologies and virtual assets for the future of markets.
By consolidating these resources around a common strategy, KOFIA strengthens its role as a catalyst in the sustainable expansion of the digital asset ecosystem, while seeking to harmonize its members’ practices with emerging regulatory standards.