Beixin Building Materials announced on May 20 that the company's gypsum board sales declined in the first quarter. According to Jin10, the company has adjusted its product prices based on market conditions, leading to some price improvements. The domestic gypsum board industry may experience a short-term decline. However, due to the enhancement of quality and performance in new construction projects, renovations, and the 'Good House' policy guidance, the expected decline in industry demand is gradually narrowing. By 2026, domestic industry demand is anticipated to stabilize, supporting the overall gypsum board industry to maintain stability, with certain regions and varieties potentially achieving balance and recovery.

On May 21, Jin10 reported that despite a significant rise in Australia's unemployment rate in April, the labor market remains relatively tight. According to Cherelle Murphy, Chief Economist at EY, the underemployment rate of 5.8% is well below pre-pandemic levels, and labor demand appears to remain high, with businesses continuing to report difficulties in finding suitable workers. Murphy added that the Reserve Bank of Australia (RBA) has recently warned that rising gasoline prices could pose a risk of rapid price increases. She noted that the RBA may need to further tighten monetary policy.

A prominent macro strategist has issued a series of warnings, predicting an impending 80% market crash. According to Jin10, the strategist suggests that global central banks may be compelled to print $50 trillion to stabilize the markets. This action could lead to inflation soaring to 25% by the early 2030s, with gold prices potentially reaching $20,000.

SpaceX’s IPO filing revealed the company holds 18,712 Bitcoin worth about $1.45 billion, making it one of the world’s largest corporate Bitcoin holders. The filing also showed SpaceX lost $4.28 billion in the first quarter of 2026 while continuing to spend heavily on rockets, AI infrastructure and Starlink expansion.

xAI has introduced the grok-build-0.1 code model, designed for agentic coding training, which is currently in early access. According to Odaily, the model supports multimodal input, including text and images, and features native tool invocation, structured output, and reasoning capabilities with a context window of 256k. The API pricing is set at $1 per million tokens for input and $2 per million tokens for output. With prompt caching enabled, the cost for some input can be reduced to $0.2 per million tokens. Additionally, xAI has enabled third-party authorization for Grok personal subscription accounts. Users with SuperGrok or X Premium subscriptions can utilize the OAuth mechanism to directly reuse official computing quotas in open-source agents like Hermes Agent and OpenClaw, and access the grok-build-0.1 model.

According to the announcement from Binance, the platform is set to introduce the SPCXUSDT USDⓈ-M Futures Pre-IPO Perpetual Contract. Trading for this new contract will commence on 2026-05-21 at 03:45 (UTC). This initiative aims to broaden the trading options available on Binance Futures and enhance the overall trading experience for users. The SPCXUSDT contract is based on the underlying equity of Space Exploration Technologies Corp. (SPCX) and will be settled in USDT. The contract features a tick size of 0.01 and a minimum trade amount of 1 SPCX, with a minimum notional value of 5 USDT. During the Pre-IPO trading period, the capped funding rate is set at +0.005% per funding interval, which will adjust to +2.00% / -2.00% after the Pre-IPO trading concludes. The interest rate during the Pre-IPO period is fixed at 0.015% daily, with funding fees settled every eight hours. The contract supports a maximum leverage of 5x and is available for trading 24/7. The mark price methodology during the Pre-IPO trading period involves calculating the average of the last 10 seconds’ trade prices on Binance RIE every second. A ±1% price cap is imposed to limit price changes within this range during the Pre-IPO trading and transition period. Once the official IPO listing occurs, the Pre-IPO Perps will transition to standard TradFi Perps, with the mark price gradually converging to the standard calculation. The funding rate will also transition to the standard TradFi Perp Funding Rate Mechanism as outlined in the Clearing Procedures. Binance may adjust leverage and margin requirements in accordance with the Clearing Rules.

GPUs are the brain of AI, but the neural networks between these brains determine how fast the entire system can run. Without optical interconnects, even a large number of GPUs are just isolated islands.

Monetary Authority of Singapore has revoked the crypto payment license of Bsquared Technology after uncovering what regulators described as serious compliance failures, weak internal controls, and repeated instances of “false or misleading” information provided to authorities.

Nvidia's Q1 revenue exceeded expectations, increasing by 85%, but guidance to reach new highs was still not impressive enough. The company announced an additional $80 billion in share buybacks and a significant dividend increase. Nvidia's stock price turned negative in after-hours trading, falling by more than 3% at one point.

Under the CLARITY Act regulatory framework, your token must either be sufficiently decentralized or be a security.

The minutes of the Federal Reserve's April meeting showed that they were prepared to adjust the stance of monetary policy as appropriate should risks arise that could hinder the achievement of the committee's goals.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3063, providing you with the latest and fastest news on the digital currency and blockchain industry.

Is the prediction market a cash cow? A deep dive into its profit model. Golden Finance: Can this massive trading volume translate into real income?

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.

This relates to a major power struggle hidden behind the code, concerning the future control of AI and global technological barriers.