Today's BTC largest long position reached $12.06 million, with the whale liquidation price at $61,900.

June 16 update: Per Bitget market data, SpaceX’s pre-market trading price surged more than 10% to $213.45.

June 16 — The Seoul Metropolitan Police in South Korea has arrested 23 suspects, charging them with providing money-laundering services to a Cambodian phishing crime syndicate in exchange for cryptocurrency, with the total involved funds reaching roughly $111 million (about 168 billion South Korean won). Investigators found that between February 2024 and April 2025, the group laundered proceeds from fraud and investment scams by purchasing USDT and transferring funds frequently between South Korean and international crypto exchanges. The operation spanned approximately 265 cases and involved around 11,300 bank and transaction accounts. Law enforcement noted that the network used a sophisticated multi-layered account structure and cross-border transactions to disperse and consolidate illicit funds. Roughly $650,000 (about 43 million South Korean won) in illegal funds has been frozen, but the key mastermind remains at large and has been placed on Interpol’s Red Notice list. Additional

June 16 – Per Bitget Market data, crude oil futures prices continue to decline. Brent crude oil dropped 2.00% to $81.25 per barrel, while WTI crude oil decreased by $2.00 to $79.39 per barrel, falling 2.46%.

June 16 — Per Israel’s Channel 12, the U.S. military is preparing to withdraw roughly 20% of its tanker aircraft stationed at Israel’s Ben Gurion Airport, shortly after Washington announced a rapprochement with Iran. Prior to this, Israeli authorities had been informed that these aircraft would remain at the airport at least through the end of this year. Source: Jinse.

June 16: Cryptocurrency entertainment platform BC.GAME has officially launched its "Prediction Center." The platform integrated Polymarket’s infrastructure to embed prediction market functionality directly into its product ecosystem, covering multiple sectors including sports events, cryptocurrency price trends, and real-world global events. According to the announcement, users can now join various prediction markets right on BC.GAME—from forecasting Bitcoin, Ethereum, and Solana’s price movements to judging major global event outcomes, macro trends, and sports match results. The platform stated this feature is designed to let users complete a full "watch-judge-participate" cycle entirely within its ecosystem, eliminating the need to switch to external applications.

Here’s the English rewrite tailored to American financial news conventions: June 16 — Bernstein analysts, including David Dai, noted in a June 15 report that South Korea’s semiconductor equipment imports fell 5% month-over-month in May, but their year-to-date (YTD) year-over-year growth rate climbed to 39%. The firm says these import figures track tightly with combined capital expenditures (capex) from Samsung and SK hynix. Even though both chipmakers’ Q1 capex dipped, that’s purely seasonal and tied to prior infrastructure builds — Bernstein expects spending to bounce back soon. South Korea’s imports of lithography gear from the Netherlands hit €928 million in May: a 28% month-over-month jump and nearly 150% year-over-year surge, marking the second-highest quarterly level on record. Bernstein projects ASML’s Q2 system sales in Korea will land around €2.31 billion, more than double last year’s same-period total. That momentum is likely fueled by DRAM capacity expansions and faste