💥 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
Kyrgyzstan's crypto industry will contribute $22.8 million in taxes in 2025, handling transaction volumes exceeding $20.5 billion.
Deep Tide TechFlow News, February 12 — According to Cryptopolitan, Kyrgyzstan’s cryptocurrency industry has become one of the fastest-growing sectors of the country’s economy, processing over $20.5 billion in transactions in 2025 and contributing $22.8 million in tax revenue.
According to Temir Kazybaev, Chairman of the Kyrgyz Virtual Asset Market Participants Association, this tax revenue has surpassed the combined total of Kyrgyzstan’s largest commodity trading center, Dordoi Bazaar ($7.9 million), and all patent tax revenues ($13.6 million). Currently, Kyrgyzstan has over 200 registered cryptocurrency exchanges and 11 mining companies operating, with the government actively improving relevant regulations and adding legal definitions for cryptocurrencies and stablecoins.