Today in crypto, Strategy co-founder Michael Saylor signals impending Bitcoin purchase amid Middle East tensions, Vietnam has brought digital assets under regulatory oversight, and crypto market sentiment remains strong amid the ongoing Israel-Iran conflict.
Saylor signals imminent Bitcoin acquisition amid growing conflict between Israel and Iran
Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart that signals the company is about to make another purchase amid mounting geopolitical conflict between Israel and Iran that threatens to spark a regional war.
“Bigger Dots are ₿etter,” the executive wrote to his 4.4 million followers in a Sunday X post, hinting at the impending purchase on Monday.
According to data from SaylorTracker, Strategy has 582,000 BTC, making it the largest known corporate holder of Bitcoin.
Saylor signaling another acquisition represents investor confidence in BTC. The price of the digital asset has held steady around the $105,000 level during the conflict between Israel and Iran.
However, this could change if the war escalates and energy prices are impacted, which will likely also negatively impact risk-on-asset markets.
Vietnam legalizes crypto under new digital technology law
The National Assembly of Vietnam approved the Law on Digital Technology Industry on June 14, bringing digital assets under regulatory oversight.
The legislation, set to take effect on Jan. 1, 2026, recognizes crypto assets and lays the groundwork for broader digital innovation across the country, according to reports from local media outlets.
The law classifies digital assets into two categories, including virtual assets and crypto assets. While both rely on encryption or digital technologies for validation and transfer, neither includes securities, digital fiat currencies, or other financial instruments.
The government is now tasked with outlining specific business conditions, classifications, and oversight mechanisms for these asset types.
The law also mandates cybersecurity and Anti-Money Laundering safeguards aligned with international norms, an effort likely aimed at addressing the Financial Action Task Force’s (FATF) concerns. Vietnam has been on the FATF “gray list” since 2023.
Crypto Fear & Greed Index stays in greed territory amid Israel-Iran conflict
The Crypto Fear & Greed Index, which tracks overall crypto market sentiment, has remained in the “greed” zone despite rising geopolitical tensions after Israel launched a series of airstrikes on Iran.
The Index posted a score of 60 in its Sunday update, maintaining its position in the greed territory despite Bitcoin falling 2.8% to $103,000 on Friday. This followed explosions reportedly heard in Tehran at 22:50 UTC on Thursday, which Israel claimed responsibility for. Iran reportedly retaliated with “dozens of ballistic missiles” on Friday night.
On Thursday, the Index was holding a Greed score of 71.
Bitcoin’s price decline came as it was edging closer to retesting its May 22 all-time high of $111,970. At the time of publication, Bitcoin is trading at $105,670, according to CoinMarketCap.
