Federal Reserve official Austan D. Goolsbee has indicated that energy inflation is proving to be more persistent than initially anticipated. According to Jin10, Goolsbee's remarks highlight ongoing concerns about inflationary pressures within the energy sector. This development comes as policymakers continue to assess the broader economic implications of sustained inflation in energy prices.

Goldman Sachs has released a report on May 28, indicating a 5.4% reduction in the target price for Kuaishou (01024.HK), lowering it from HKD 74 to HKD 60, while maintaining a 'buy' rating. According to Jin10, Goldman Sachs has also revised its revenue expectations for Kuaishou from 2026 to 2028, reducing them by 2% to 0%. Additionally, the net profit forecast for the same period has been lowered by 4% to 7% to account for the company's additional investments in AI-related fields. Kuaishou's first-quarter results for 2026 largely met expectations, with core advertising revenue increasing by 9% year-on-year, although operating profit declined by 15% due to AI investments and other factors. A highlight is Kuaishou's subsidiary, Kuaishou Ling, whose annual recurring revenue approached $500 million by the end of March and continued to maintain growth momentum into the second quarter of 2026. Goldman Sachs believes that Kuaishou, as a stable and consistently growing major video platform, should support its current stock price with a total stock buyback/dividend amount close to 4%. Furthermore, the surge in Kuaishou Ling's ARR and any potential spin-off plans could drive a shift in Kuaishou's overall development direction.

The semiconductor sector in Hong Kong experienced a partial recovery as Hua Hong Semiconductor (01347.HK) surged over 12%, reaching a record high in stock price. According to Jin10, Semiconductor Manufacturing International Corporation (SMIC) (00981.HK) also saw an increase of over 5%, while Solomon Systech (02878.HK) rose by 3.75%.

New Zealand's Treasury has projected that the country's net debt will account for 42.4% of its GDP in the 2025/26 fiscal year. According to Jin10, this forecast reflects the government's ongoing fiscal strategies and economic conditions. The projection is part of a broader assessment of New Zealand's financial outlook, considering various economic factors and policy measures.

According to the announcement from Binance, a zero trading fee campaign for the KGST/USDT trading pair will commence on 2026-06-01 00:00 (UTC) and run until 2026-08-31 23:59 (UTC). This initiative is available to all verified users, allowing them to trade without incurring maker or taker fees during the campaign period. The KGST is a stablecoin pegged 1:1 to the Kyrgyz som (KGS), designed to integrate the national currency into regulated digital frameworks. It is fully backed by fiat reserves and adheres to anti-money laundering and consumer protection standards. The zero-fee campaign aims to enhance the trading environment for users by offering cost-effective trading options. During the campaign, trading volume on the KGST/USDT pair will not contribute to the VIP tier volume calculation or any Liquidity Provider programs. Additionally, BNB discounts, referral rebates, and other adjustments will not apply to this trading pair throughout the campaign period. Once the campaign concludes, standard trading fees will resume, and users are advised to refer to the trading fee structure for further details. It is important to note that trading eligibility for the KGST/USDT pair is subject to the user's country or region of residence. Currently, users from certain countries, including Canada, Cuba, Iran, and the United States, among others, are restricted from trading this pair. Binance reserves the right to amend the promotion or its rules at its discretion and to disqualify trades that are deemed to be wash trades or involve market manipulation. Users must complete account verification to participate in trading this pair.

South Korean police have established a specialized task force aimed at addressing crimes involving cryptocurrencies, such as Tether, used for laundering illicit funds. According to NS3.AI, this initiative comes in response to an increase in unregistered cryptocurrency exchange offices throughout Seoul. The task force will focus on identifying and dismantling illegal operations that exploit digital currencies for criminal activities, enhancing regulatory measures to curb the misuse of cryptocurrencies in financial crimes.

An Ethereum whale, identified as nemorino.eth, recently concluded a two-day trading session with a significant loss, analyst @ai_9684xtpa posted on X. The whale had purchased Ethereum at an average price of $2,117.46 and sold it at an average of $2,056.86, resulting in a loss of $60.60 per Ethereum. The total loss amounted to $480,000. This development comes amid ongoing geopolitical tensions between the U.S. and Iran, which have impacted market stability.

Market indicators are pointing towards a strong belief among traders that the Bank of Japan will increase interest rates in June or July. Bloomberg posted on X, highlighting that despite this prevailing sentiment, a Nomura group analyst remains unconvinced about the likelihood of such a move. The analyst's skepticism contrasts with the market's expectations, suggesting a potential divergence in economic forecasts and policy outlooks.

On Wednesday, Trump explicitly rejected a draft agreement revealed by Iranian media that proposed Iran and Oman jointly manage shipping in the Strait of Hormuz in exchange for the withdrawal of U.S. troops, and warned Oman that if it did not follow the rules, "we'll blow them up."

From Grok's "Spicy Mode" to its orbital AI data center, SpaceX has essentially created a "map of cutting-edge AI regulatory risks" for the entire industry.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3070, providing you with the latest and fastest news on the digital currency and blockchain industry.

Starting with the recent surge in ZEC, this article provides an in-depth analysis of the underlying logic behind the return of the privacy sector to the forefront, and reviews ZEC and representative projects.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Former WSB trader Serenity amassed a staggering 225-fold return in two years on the X platform. His original "supply chain bottleneck" theory and numerous classic examples of contrarian sniping of micro-cap stocks have attracted strong market attention.

HIP-4 is not merely Hyperliquid's response to Polymarket. It is a new primitive added to HyperCore, perfectly aligned with the trajectory the protocol has followed since its inception.

The future of micro-strategies will no longer be "Bitcoin amplifiers" that allow blind buying, but rather "crypto central banks" that truly test the top-level capital operation skills of management.

Serenity's 4502% return is a perfect lesson in "how to rationally profit from the new technology wave".

In May 2026, cryptocurrency exchanges suddenly began to collectively "change their nature".