According to Deep Tide TechFlow, the National Assembly of Vietnam approved the Digital Technology Industry Law on June 14, incorporating digital assets into regulation and recognizing the legal status of cryptocurrency assets. This law will take effect on January 1, 2026. The law categorizes digital assets into virtual assets and cryptocurrency assets, and provides tax incentives, land use benefits, and R&D support for companies in the fields of artificial intelligence, semiconductors, and digital infrastructure. The Vietnamese government claims to be the first country globally to establish independent laws specifically for the digital technology industry.
● Analyst: The outlook for gold remains optimistic driven by safe-haven demand
According to ChainCatcher, on Monday morning in Asia, gold prices rose slightly due to intensified airstrikes by Israel and Iran, with U.S. President Trump indicating that the U.S. might get involved in the conflict. Market analysts noted that gold is rising due to safe-haven capital, and increased geopolitical risks make the outlook for gold positive.
According to Deep Tide TechFlow, on June 15, Bitcoin Magazine CEO David Bailey stated on social media platform X that corporate liquidity, or Bitcoin liquidity, means that companies not adopting Bitcoin treasury strategies will face 'death.' Blockstream co-founder and CEO Adam Back responded that companies adopting Bitcoin treasury strategies are eating into the 'lunch' of publicly listed companies, and ignoring this strategy will lead to capital reallocation and being left behind.
● Analysts say the decoupling of Bitcoin from bond yields shows a structural shift
According to PANews, analyst Darkfost believes that when both the U.S. dollar index and bond yields rise simultaneously, capital often flees risk assets, and Bitcoin usually experiences a pullback. Historically, cryptocurrency bear markets have coincided with rising trends in bond yields and the dollar index. Conversely, when the dollar index and bond yields lose momentum, investors prefer risk assets, typically related to monetary easing or expectations of Federal Reserve rate cuts, enhancing bullish sentiment in the cryptocurrency market.
In the current cycle, Bitcoin is unusually decoupled from bond yields. Despite bond yields reaching historical highs, Bitcoin continues to rise, accelerating its increase when the dollar index falls. This indicates a structural change in Bitcoin's role in the macro landscape, being seen as a store of value or redefining its response to traditional macro forces.
According to Jin10 data, CITIC Securities pointed out that the global economy will remain stable in the first half of 2025, with major central banks continuing to cut interest rates. In the second half, the slowdown of the U.S. economy will affect global economic momentum, while non-U.S. regions have advantages due to loose monetary policies.
The output gap in non-U.S. regions still has room for recovery, but the extent of recovery is constrained by policy uncertainty and the preemptive growth of exports in the first half of the year. CITIC Securities holds an optimistic view on the European market, recommending an increase in emerging market weight to balance the allocation.
According to ChainCatcher, the COO of BlackRock stated that the process of bringing traditional capital markets into the digital world will become a defining trend of the next decade.
According to Odaily Planet Daily, Pakistan's Finance Minister Muhammad Aurangzeb met with Strategy Executive Chairman Michael Saylor to discuss how to use Bitcoin as a tool for currency resilience.
