💥 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
SpaceX plans a fleet of millions of satellites for space data centers – latest satellite news
The latest satellite news reports an ambitious project: SpaceX has applied for approval from the U.S. Federal Communications Commission (FCC) to launch up to one million satellites. The company’s goal is to build a global network of data centers in orbit. According to Jin10, the application documents were submitted over the weekend.
Satellites as the Foundation for Artificial Intelligence in Space
SpaceX has presented its vision for the “Orbital Data Center System” in a comprehensive document. The project is described as a state-of-the-art satellite constellation specifically designed to support AI applications. The planned infrastructure aims to make advanced artificial intelligence models globally accessible and serve millions of users simultaneously.
Technical Details: Multi-Layered Orbital Structure
The proposed satellite architecture follows an innovative concept with multiple stacked orbits. Each of these orbital layers is intended to be no more than 50 kilometers thick, allowing for optimal space utilization. This configuration enables SpaceX to provide sufficient computing capacity to perform AI inference and data processing for a global user base in real time.
The satellite news indicates that with this mega-constellation, SpaceX aims to create entirely new possibilities for decentralized data centers — a development that could transform digital infrastructure worldwide.