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White Hair Stock God Reviews SpaceX's Soaring Valuation: US Stock Investors Favor 'Future Outlook,' Completely Unconcerned with Valuation

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June 16 — So-called "White-Haired Stock God" Serenity commented on SpaceX hitting a $2.5 trillion market cap: U.S. stock investors will scoop up any asset with a "futuristic" narrative, completely brushing off valuations. They're in total frenzy right now. The U.S. market favors "future narrative assets," has a higher tolerance for valuations, and leans heavily toward betting on tech and innovation concepts.
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Bank of Japan: to Pause Bond Purchase Reduction from April Next Year

On June 16, the Bank of Japan (BoJ) announced it will halt its plan to reduce government bond purchases starting in April 2027, keeping its monthly Japanese Government Bond (JGB) buys at roughly ¥20 trillion. The BoJ added it will continue raising its policy rate based on developments in economic activity, prices, and financial conditions.

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South Korean Police Bust Two Organizations Laundering Money Through Virtual Assets, Involved in ?14 Billion Telecom Fraud

June 16 — The Financial Crime Investigation Division of Seoul’s Metropolitan Police Agency has cracked two virtual asset-backed money laundering rings with combined illegal funds totaling over 14 billion South Korean won, Yonhap News Agency reported. One ring, made up of 9 people including a 45-year-old Chinese suspect identified as A, operated under the direction of a Cambodian telecom fraud syndicate. Between February 2024 and April 2025, the group purchased USDT on overseas crypto exchanges, moved funds between domestic and foreign trading platforms, and laundered roughly 14 billion won while collecting a 650 million won fee. Key suspects here have been referred to prosecutors: two were arrested, and the ringleader, 29-year-old Y, is on Interpol’s Red Notice. The second ring, with 14 members, directly laundered money for a Cambodian romance scam, handling about 2.8 billion won in illicit proceeds. Separately, 33 people have been transferred to prosecutors for offering unlicensed v

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Aletheia Capital Raises SK Hynix's Price Target to $3500

June 16, an analyst at Aletheia Capital upgraded SK Hynix’s target price to 5.3 million Korean won—roughly $3,500—valuing the stock at 10x 2027 estimated free cash flow (FCF) and a 10x P/E ratio. This assessment suggests roughly 125% upside from the company’s current share price. The report underscores that surging demand for AI-compatible hardware memory is driving robust revenue and FCF growth for SK Hynix. Specifically, it notes DRAM average selling prices (ASP) are projected to keep rising through 2026 and 2027, while high-bandwidth memory (HBM) emerges as a critical, in-demand component for AI systems. The 5.3 million won target is notably above the market consensus estimate of around 2.6 to 2.7 million Korean won. For context, Aletheia Capital is an independent Hong Kong-based investment advisory firm founded in 2018, with a focus on Asian equity research, macro strategy, investment consulting, and fintech services.

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Opinion: Tomorrow's Launch of SpaceX Options Could Propel Its Stock Price Significantly

June 16: U.S. financial blog ZeroHedge reports that SpaceX options are set to debut today, a development that could trigger a gamma squeeze on SPCX stock, driving its price up to $400 and pushing its market capitalization past NVIDIA’s. ZeroHedge notes that current stock price levels are primarily determined by which party holds the largest volume of out-of-the-money (OTM) call options, as this holding would spark the most severe gamma squeeze. BlockBeats clarifies: A gamma squeeze is a strong positive feedback mechanism in the options market that results in rapid, sharp stock price growth. Essentially, it is a chain reaction initiated when options market makers are forced to buy large amounts of underlying stock to hedge their risks.

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The Bank of Japan Raises Interest Rates by 25 Basis Points as Scheduled

June 16, the Bank of Japan hiked interest rates by 25 basis points, lifting its policy target rate from 0.75% to 1.00%—the highest level in 31 years. The decision matched market expectations, as the central bank had kept rates unchanged for three consecutive prior meetings. According to reports, the rate move was approved by a 7-1 vote during the policy gathering.

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Arthur Hayes allegedly Buys Another 47,000 HYPE Tokens

On June 16, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a specific wallet address shares the same deposit address on Bybit as Arthur Hayes. The address in question withdrew an additional 47,000 HYPE tokens from Bybit just an hour ago, worth approximately $3.16 million. However, Old Black clarified rumors about his suspected HYPE purchase a week ago, stating, "I didn't buy shit."

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