Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

As of June 7, data from CME Group’s FedWatch tool indicates the U.S. Federal Reserve will hold interest rates steady at its June policy meeting with a 95.4% probability, while the likelihood of a 25-basis-point rate cut stands at 4.6%.

June 7: Per monitoring by HyperInsight (https://t.me/HyperInsight), over the past hour, the "Big Brother Whale" Huang Licheng executed 6 additional long trades. He currently holds 3,390 ETH in a 25x leveraged long position, with an average entry price of $1,599.29, and an unrealized gain of $109,800.

**Crypto News Flash (June 7):** Aave’s Chief Strategy Officer Luigi noted on Wednesday that the strategy of selling Bitcoin is fundamentally “psychological warfare” designed to meet index inclusion requirements, adding he believes most people haven’t recognized this underlying dynamic. Separately, reports earlier this year revealed MSCI decided in January not to exclude digital asset reserve companies from its indices during February’s index review. Additionally, Strategy founder Michael Saylor stated in September 2025 he was confident MSTR would secure a spot in the S&P 500 index.

June 7 — Per official sources, the decentralized perpetual contract trading platform Lighter has announced the launch of ANTHROPIC (Pre-IPO) perpetual contracts, with support for up to 5x leverage.

On June 7th, HyperInsight’s monitoring shows that the address controlled by Garrett Jin—agent for the "BTC OG Whale Insider"—closed a ZEC short position 10 minutes ago, locking in a profit of $11.24 million. Currently, this address maintains a 5x leveraged long position of 1268.33 BTC, with an unrealized loss of $18.17 million.

On June 7th, trader Eugene Ng Ah Sio announced on his personal channel that he has mostly exited the cryptocurrency market since May 13 this year, shifting his focus to stock market research. He noted the stock market is more attractive than the current crypto space, offering deeper research opportunities, greater cognitive challenges, and more robust trading and investment potential. Based on his latest assessment of the industry landscape, he plans to stick to this strategy for the foreseeable future—only keeping an eye on crypto industry trends instead of actively participating in trading. Eugene further stated he has no plans to re-enter the crypto market unless an extremely compelling risk-reward opportunity emerges, which he has not identified yet. He added that the crypto market’s development trajectory is weakening its appeal as a trading and investment field, so he will prioritize the traditional stock market in the short term. Regarding his approach, Eugene pointed out tha