06.16.25: Vietnam Legalizes Crypto / Solaxy Nears $50M

Plus discover the Israel‐Iran war’s crypto fallout 👇

Author

Macro Point Daily
June 16, 2025

👋 Welcome Back to Macro Point Daily, The smartest crypto take of the day — macro trends, market moves, daily charts, and a side of memes.

Every day we provide the 5 stories which matter most in crypto, and one just for the degens.

In Today’s Edition

  • 🌏 Vietnam passes historic crypto law

  • 📉 CPI dips, markets see Fed pivot coming

  • 📊 Chart of Bitcoin’s consolidation setup

  • 🕊️ Narrative: Israel‑Iran war hits crypto markets

  • 🛠 Builder Spotlight: ZA Miner launches cloud hash layer

  • 🐸 For the Degens: PEPE meets resistance

Let’s dive in.👇

Today’s Edition

📌 Vietnam Legalizes Crypto with First Digital Assets Law

Landmark regulation boosts Southeast Asia's Web3 ambitions

Vietnam's National Assembly passed the Digital Technology Industry Law, officially recognizing crypto assets under a clear regulatory framework starting January 1, 2026. The law defines categories for virtual and crypto assets, includes anti-money laundering safeguards, and aligns local standards with FATF guidelines. This makes Vietnam the first in Southeast Asia to enact a standalone crypto law and sends a clear signal to exchanges and institutions eyeing regional expansion. Expect announcements from Bybit and other major platforms as they stake early positions.

  • 🌐 Sets legal groundwork for regulated trading and custody

  • 🏛 Attracts foreign platforms with clarity and oversight

  • 💼 Opens gateway for institutional inflows and innovation

📉 May CPI at 2.4%, Fed pivot near

Inflation eases, markets cautiously optimistic

U.S. CPI came in at 2.4% year-on-year and a modest 0.1% month-on-month—below forecasts. Equities and crypto rallied on the data, though some sharp retracements followed algorithmic liquidations. The print has moved markets to price in at least two Fed rate cuts by the end of the year. Volatility remains elevated as traders adjust to each economic data release.

  • 💵 Softer inflation bolsters risk-on assets

  • ⚠️ Flash reversals highlight automated strain

  • 🎯 Outlook favors 2025 Fed easing cycle

📊 Bitcoin on the verge: Tight wedge consolidation

Chart shows BTC grinding near break point

Bitcoin has consolidated in a wedge between $103K and $110K. This pattern typically precedes a breakout once volume and sentiment align. On-chain data points to accumulation around $105K, indicating investor confidence. A breakout above $110K could mark the beginning of the next leg higher.

  • 📈 Pattern tightness increases breakout likelihood

  • 🐳 Whales accumulating at current range

  • ⏱️ Watch for breakout volume next week

📈 Israel‑Iran War Hits Markets — But Israel Stands Firm

Conflict sparks volatility, Israel’s resolve drives rebound

Israeli strikes on Iran's nuclear and gas infrastructure, followed by missile responses into Israel, triggered a sharp ~$230 billion drawdown in crypto valuations. Bitcoin briefly dipped below $103K before recovering, signaling underlying resilience. Israel’s decisive and limited military response has reassured markets of strong geopolitical resolve. The rebound emphasizes that crypto maintains its high-beta position amid global tension.

  • 🌐 Conflict premium rattles risk assets short-term

  • 🛡 Israel’s clear nuclear targeting supports global confidence

  • 📉 Markets rebounded—no sustained capitulation

🛠 ZA Miner Launches Cloud Hash-Leasing Platform

Decentralized mining gets accessible

ZA Miner today launched its cloud-mining service, offering on-demand BTC and ETH hash power leasing via API access. The beta rollout lets miners scale operations without physical hardware, lowering the barrier to entry. This model may decentralize hash power distribution, helping secure network resilience. Institutions can now tap scalable mining capacity without hardware headaches.

  • ☁️ Hash leasing removes CAPEX barrier

  • ⚙️ API-first model simplifies integration

  • 🔗 Enables decentralized hash-power distribution

Degen Domain

🐸 PEPE Faces Ceiling After 30% Blast-off

Fib resistance halts meme-parade

PEPE surged around 30% from recent lows, but now struggles at Fibonacci resistance near $0.000012, with market cap hovering around $1.2 billion. Traders are split—some embracing the wild ride, others locking in gains. The next session will determine if this rally continues or cools off dramatically.

  • 💥 +30% pump, now at fib-derived ceiling

  • ⚖️ Massive $1.2B cap for meme-classic

  • 🔄 Breakdown or breakout? Watch next session

💬 Quote of the Day

“When freedom’s under fire, the brave don’t blink—markets remember that.”
— Unknown, Macro Point Daily is happy to take the credit.

See you tomorrow. Forward to a friend who still thinks ETFs are boring.

📉📈🧠🫡
— Macro Point Daily