MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

June 5 – Third-party data shows that, with Bitcoin currently priced at $62,107.91, its Ahr999 indicator stands at 0.3081, nearing the key threshold of 0.3. The last time the index dipped below 0.3 was on February 25 earlier this year. Statistics indicate that an Ahr999 reading below 0.3 is a rare signal of extreme undervaluation, typically occurring during major market crashes or periods of widespread panic. Key historical instances where the index dropped below 0.3 include: - November 2011, when Bitcoin’s price was in the single digits and the asset had not yet gained mainstream consensus; - The 2018 bear market bottom, hitting around 0.24; - The March 2020 "3.16 Crash," driven by COVID-19-related panic; - The June 2022 ETH liquidation crash and November 2022 FTX collapse, both touching roughly 0.27; - February 2026, where the index reached 0.27-0.29, nearing historical lows. BlockBeats notes that this indicator helps Bitcoin dollar-cost averaging (DCA) users make timing-based inves

**Crypto News Update (U.S. English Style):** Per a June 5 post on the THORChain blog, ZEC had initially been added to THORChain’s integration queue. But a recent snag has pushed its timeline back: Zcash’s newly disclosed vulnerability means its existing security patch is disrupting normal operations for integration partners, THORChain’s dev team confirmed. To resolve this, THORChain needs to implement a minimal code tweak to its Bifrost module before moving forward with ZEC’s onboarding. Crucially, this small fix must be completed ahead of ZEC’s planned listing on the platform. For context, Monero (XMR) is expected to launch on THORChain by the end of this month, with ZEC’s listing set to follow shortly after.

June 5th: Per Hyperinsight monitoring, the cryptocurrency market continued its downward trend this evening. Bitcoin once again dipped below $62,000, while Ethereum fell to $1,655, approaching the $1,641.87 “Buddy” long liquidation line, forcing further deleveraging. At press time, Ethereum’s long positions were valued at $2.15 million.

June 5 (Bloomberg) — SpaceX’s underwriters for its roughly $75 billion initial public offering (IPO) have been instructed to reject subscription orders from investors in mainland China and Hong Kong due to U.S. restrictions on exports of key technology, according to sources familiar with the matter. The lead underwriter on the transaction has further notified other banks in the underwriting syndicate not to allow clients from mainland China and Hong Kong to participate, including private banking clients. The report notes the move is primarily driven by regulatory and compliance risk considerations, with the specific arrangements not having been publicly disclosed at this time.

On June 5th, per Arkham Monitoring, BlackRock's ETF deposited 1,978 BTC and 14,244 ETH into Coinbase.

June 5: Iranian state media reported that Iran’s Navy claimed it launched missiles and drones at a U.S. destroyer in the Gulf of Oman during a warning exercise.