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BlockBeats News, June 16th, ZeroHedge, a US financial blog portal, reported that SpaceX options will debut today. At that time, this option may drive the SPCX stock price into a gamma squeeze to $400, surpassing NVIDIA in market capitalization. ZeroHedge stated that the current stock price is mainly determined by which company holds the most out-of-the-money call options, which can trigger the strongest gamma squeeze. BlockBeats Note: Gamma squeeze is a strong positive feedback phenomenon in the options market that can cause a rapid and sharp increase in the stock price. It is essentially a chain reaction triggered by options market makers being forced to buy a large amount of stock to hedge risks.

According to ChainCatcher, as reported by Livecoins, Brazilian Federal Deputy Lincoln Portela has proposed Bill No. 2,901/2026, suggesting the establishment of a national framework for fintech and digital financial platforms, with a permanent regulatory sandbox system for testing blockchain technology and asset tokenization, under the supervision of the Central Bank of Brazil. The bill requires regulatory requirements to be proportional to company size, allowing simplified standards for small fintech startups, and prohibits the government from imposing bureaucracy or obligations that do not align with the digital nature of the crypto asset market. The sandbox test scope includes financial flow tracking, AI credit applications, and programmable payment practices. The bill also allows companies to share network infrastructure and institutional adaptation databases, provided they comply with data protection regulations. The cooperation mechanism aims to combat financial crime in cryptocurrency trading, promote customer identification, and enhance cybersecurity. The bill further proposes establishing a national system of integrity for digital finance to coordinate cyber regulatory actions and combat criminal networks that hide wealth through crypto assets. Fines for violating companies can reach up to 20% of their annual profits or revenue. The bill will be discussed in various House committees.

BlockBeats News, June 16th, Aletheia Capital analyst raised SK Hynix's target price to 5.3 million Korean won, equivalent to approximately $3,500, based on 10x 2027E FCF and 10x P/E valuation, implying a current stock price upside of about 125%. The report emphasizes the surge in AI hardware memory content driving strong revenue and FCF growth for the company, with DRAM ASP expected to continue rising in 2026-2027, and HBM becoming a key component for AI. This target price is significantly higher than the market consensus of around 2.6-2.7 million Korean won. According to publicly available information, Aletheia Capital is an independent investment advisory firm based in Hong Kong, founded in 2018, focusing on equity research in Asia, macro strategy, investment advisory, and fintech services.