#BTC How Will Bitcoin Price Perform As Oil Jumps 5% Ahead of FOMC Meet This Week
Despite geopolitical risks from the Iran-Israel conflict, Bitcoin price has held steady above $106,000, ahead of the FOMC meeting this week.
Highlights
Bitcoin price holds firm above the top its re-accumulation range hinting strong bullish sentiment.
Analysts anticipate potential market impacts from rising oil prices, which could hit $130 per barrel.
Meanwhile, gold has reached a record high of $3,433 per ounce amid rising geopolitical tensions.
Bitcoin price has been showing strength, holding firmly above $106,000, despite the geopolitical escalation in the Iran-Israel conflict, while oil prices tend to surge further. All eyes will be on the crucial FOMC meeting this week and the Fed rate cut decision. On the other hand, Gold price has hit a record high of $3,433 per ounce, earlier today. #BTC #ETH #SOLANA #BNB
$BTC As cryptocurrency adoption continues to grow in Asia, one of the South Asian countries, Pakistan, continues to take bold steps.
Pakistan, which has made bold moves regarding Bitcoin (BTC), has now started talks with Strategy founder Michael Saylor.
According to reports, Saylor met with Pakistani Finance Minister Muhammad Aurangzeb and the country’s Minister of State for Blockchain and Crypto Bilal Bin Saqib on Sunday for a meeting focused on Bitcoin.
The meeting between the parties focused on the country's cryptocurrency policies and the possible use of Bitcoin as part of its national reserves.
While voicing his support for Pakistan’s crypto efforts, Saylor stated that he is open to serving as an advisor for the country’s crypto strategy.
Pakistan is making recent moves to become a crypto-friendly country, with the government setting up a crypto authority to regulate crypto last month.
At this point, the official Bilal Bin Saqib announced at the Bitcoin 2025 Conference held in Las Vegas at the end of May that Pakistan will establish a strategic Bitcoin reserve.
This decision represents a significant shift from the Pakistani government’s previous stance that it would never legalize Bitcoin and cryptocurrencies, as Pakistan had previously maintained that cryptocurrencies would never be legal in the country.
However, Pakistan's attitude towards crypto began to change earlier this year.
The Pakistani government initially established a “National Crypto Council” in February 2025. This council was established to oversee the development of a comprehensive regulatory framework for cryptocurrencies and attract foreign investment.
#MetaplanetBTCPurchase Japanese investment firm Metaplanet has set an ambitious goal to acquire 210,000 BTC by 2027, aiming to hold approximately 1% of Bitcoin’s total supply.
Recently, Metaplanet expanded its Bitcoin holdings by purchasing 1,112 BTC for about $117.2 million, reaching a total of 10,000 BTC this year through strategic capital market tools.
According to CEO Simon Gerovich, Metaplanet’s approach mirrors that of MicroStrategy, positioning itself as a publicly traded Bitcoin proxy in Asia while leveraging bond issuances and equity offerings to fund acquisitions.
Metaplanet targets 210,000 BTC by 2027, expanding its Bitcoin treasury through bond sales and equity issuance, positioning as Asia’s leading public Bitcoin proxy.
Metaplanet’s Strategic Bitcoin Accumulation and Capital Market Initiatives In a significant move within the crypto investment landscape, Metaplanet has announced the acquisition of 1,112 BTC for approximately $117.2 million, bringing its total Bitcoin holdings to 10,000 BTC. This milestone aligns with the company’s 2024 target and reflects its broader strategy to accumulate a substantial Bitcoin treasury. The acquisition was funded in part by a $210 million bond issuance approved by Metaplanet’s board, marking the 18th series of ordinary bonds issued by the firm. These bonds, issued to Cayman Islands-based EVO Fund, carry no interest and mature in December, demonstrating Metaplanet’s innovative use of capital market instruments to finance its Bitcoin purchases.
Capital Market Tools Fueling Bitcoin Growth Metaplanet’s bond issuance is a key component of its capital strategy, designed to provide liquidity for Bitcoin acquisitions without diluting shareholder value through traditional equity sales alone. The company also announced plans to raise up to $5.3 billion by issuing 555 million new shares, further bolstering its capacity to increase Bitcoin holdings.
#VietnamCryptoPolicy Vietnam's National Assembly overwhelmingly approved landmark legislation Saturday, legalizing digital assets and establishing sweeping incentives for semiconductor manufacturing, artificial intelligence development, and digital technology startups.
The Law on Digital Technology Industry passed with 441 votes in favor out of 445 lawmakers present, making Vietnam one of the first countries to comprehensively regulate digital assets through dedicated legislation rather than traditional financial frameworks.
The law, which takes effect January 1, 2026, defines digital assets as products "created, issued, transferred and authenticated using blockchain technology" with clear property rights under civil law.
The move addresses a critical problem that has forced Vietnamese crypto and tech companies to relocate operations to Singapore and other jurisdictions with clearer regulations.
The new legislation creates three main categories: virtual assets that can be used for exchange or investment purposes, crypto assets that use encryption technology to authenticate assets during creation, issuance, storage, and transfer, and other digital assets, per local media reports.
Both virtual and crypto assets explicitly exclude securities, digital representations of fiat currency, and other financial instruments under existing civil and financial laws.
In March, Prime Minister Pham Minh Chinh had directed the Ministry of Finance and the State Bank of Vietnam to finalize crypto regulation proposals by the end of the month as part of an ambitious 8% economic growth target, but no framework had yet materialized until now.
#White House Blocks Conflict Of Interest Provision In CLARITY Act
The White House has reportedly objected to a move by lawmakers to include a conflicts of interest provision in the CLARITY ACT.
Highlights
The White House pushed back on the conflict of interest provision after lawmakers on both sides agreed to include it.
The provision is designed to address senior political figures involvement in crypto including the president, vice president and congress members.
The CLARITY Act is unlikely to proceed to the House floor for debate until lawmakers work on an amendement.
The White House has reportedly pushed back on a move by both Republican and Democratic representatives to include a provision in the CLARITY Act that will address Donald Trump’s ties to the crypto industry. This comes just days after the crypto bill passed the Committee markup phase.
#TrumpBTCTreasury Bitcoin Treasuries Skyrocket With 60 New Announcements Within A Week Over 60 global companies added or plan to add Bitcoin to their treasuries, indicating rapid institutional adoption.
Bitcoin Treasury Strategy Gains Global Momentum with 60 New Announcements
Highlights
Over 60 companies made major Bitcoin treasury announcements between June 9–13. Firms added 2,500+ BTC and plan $1.8 billion more in future purchases. Public filings show rising global adoption of Bitcoin as financial infrastructure. Between June 9 and 13, sixty major Bitcoin-related (BTC) announcements were made by companies around the world, according to data shared by @btcNLNico on X. The Bitcoin Treasury Strategy is entering a rapid growth phase, with more firms adopting the leading cryptocurrency as part of their financial infrastructure.
$BTC Israel Iran War: Crypto Billionaire Predicts War Is Unlikely To Impact Bitcoin
Raoul Pal clarifies why Bitcoin remains undisturbed in the Israel-Iran conflict, pointing out that BTC is tied to global liquidity trends.
Highlights
Raoul Pal explains that Bitcoin follows the global market liquidity.
The tension between Israel and Iran escalates, while Bitcoin price stays stable.
The movement of the BTC price disregards the spikes in oil prices and political turbulence.
Bitcoin (BTC) remains on track for more gains despite rising tensions between Israel and Iran, according to macro investor Raoul Pal. In a post shared recently, Pal argued that global liquidity explains most of Bitcoin’s price moves.