$BTC Bitcoin and other altcoins have been rallying as the cu | SanjayaSLS on Binance Square

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$BTC Bitcoin and other altcoins have been rallying as the cup-and-handle pattern in Bitcoin has been activated. As shown in the chart above, it has moved above the upper side of the descending channel, indicating an eventual rally to $142,000 as we predicted here. Altcoins tend to perform well when Bitcoin is in a strong rally.

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+2.21%

38

0

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#VietnamCryptoPolicy This article will be very important news for those who want to know the latest information about crypto. Read the full description. #The legislation, which is set to take effect in Vietnam in 2026, will recognize crypto assets and pave the way for broader digital innovation across the country, according to reports in local media outlets. The law classifies digital assets into two categories: virtual assets and crypto assets. Both rely on encryption or digital technologies for validation and transfer, and neither includes securities, digital fiat currencies or other financial instruments. The government is now tasked with outlining specific business conditions, classifications and supervisory mechanisms for these asset types. The law also stipulates cybersecurity and anti-money laundering safeguards in line with international norms..

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#MetaplanetBTCPurchase MetaplanetBTCPurchase Metaplanet, a Japanese investment firm, has been aggressively buying Bitcoin (BTC) and has made several significant purchases recently. Here are some key updates on their BTC acquisitions¹ ² ³: - *Recent Purchases*: - *1,112 BTC*: Metaplanet acquired 1,112 BTC for $117.2 million at an average price of $105,435 per BTC, bringing its total holdings to 10,000 BTC. - *150 BTC*: The company purchased 150 BTC for approximately $12.5 million at an average price of $83,508 per BTC, adding to its holdings. - *620 BTC*: Metaplanet made its largest-ever purchase, acquiring 619.7 BTC for $60.7 million when Bitcoin was trading around $96,000. - *319 BTC*: The company invested $26.3 million in 319 BTC at an average price of $82,549 per BTC. - *330 BTC*: Metaplanet acquired 330 BTC for $28.2 million at an average price of $85,605 per BTC.

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#IsraelIranConflict Crypto markets are under pressure as the threat of a regional war in the Middle East continues to escalate. Bitcoin (BTC) fell nearly 5% to a daily low of $102,822 on Friday, June 13, as Israel’s pre-dawn strike on Iran sparked risk-off sentiment in the market. Bitcoin fell on the rising tensions, while crude oil, a common trend during Middle East crises, rose 14%. Gold rose 1.74% to $3,438.36 an ounce. Still, analysts believe the crypto market will bounce back soon, depending on the easing of tensions or a shift in the broader Bitcoin narrative.

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