According to Bloomberg, large IPO candidates, including SpaceX, may have to wait several years before being included in the S&P 500 index. This is because S&P Dow Jones Indices refused to relax its inclusion criteria, maintaining the requirement that companies must have achieved positive net profit in the past year (including the most recent quarter). This decision, made by the index committee after a month-long consultation, means that large newly listed companies that have not yet met the sustained profitability requirement will likely face difficulties in entering the index in the short term.

According to Huoxun Finance, analyst Darkfost's data shows that Bitcoin has retraced to the Power Law model and fallen below the 4% Fibonacci retracement level, entering an extremely undervalued range. Historically, it has only been at this valuation level 4% of the time. He emphasizes that now is a suitable time to build long-term positions, not a short-term price prediction.

In the past hour, total liquidations across the network reached $10.33 million, with $8.23 million from long positions, with $2.11 million from short positions. BTC liquidation $3.29 million, ETH liquidation $3.12 million.

According to Huoxun Finance, Hungary's newly appointed Minister of Science and Technology, Zoltán Tanács, announced on June 6th that he will remove unreasonable restrictions on the cryptocurrency market, reversing policies of the previous government, including criminal penalties for unauthorized crypto services. These rules, which came into effect in July 2025, led to the withdrawal of platforms like Revolut from the Hungarian market, and resulted in high compliance costs for local companies. Tanács, who will take office after the formation of the new government in May 2026, believes these rules are politically motivated. The new government also plans to amend the cybersecurity audit regulations under the NIS2 directive, with approximately 4,000 Hungarian companies facing a compliance deadline of June 30th. Hungary is seeking to emulate Estonia's digital governance model and is positioning itself as a supporter of the EU's MiCA framework.

According to on-chain monitoring data, a wallet associated with Arthur Hayes withdrew 33,979 HYPE tokens from Bybit, worth approximately $2.09 million. The wallet currently holds a total of 34,066 HYPE tokens.