💥 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
Indonesia lifts Grok ban: X gives assurances for safe AI usage
Following assurances from the social network X regarding abuse control, Indonesia has approved the reintroduction of Grok. The AI tool developed by Elon Musk was previously blocked, but the company’s latest commitments to combat problematic content have led to its approval.
The Indonesian Ministry of Communication and Information Technology announced the decision over the weekend. X had provided the minister with assurances in a letter to address the tool’s abuse issues. The company committed to taking measures against the spread of inappropriate content.
Strict Monitoring and Compliance Requirements
The ministry made it clear that the return of Grok does not mean an end to oversight. The agency announced it will continuously monitor the tool for further violations. Special attention will be given to the dissemination of illegal content and potential violations of child protection guidelines. The ministry emphasized that it takes these assurances seriously and that failure to comply could result in consequences.
This regulation demonstrates how national governments are increasingly demanding assurances from tech companies to approve new AI tools. Indonesia is setting an important standard for responsible AI governance in the region.