Saudi Arabia has expedited its planned spending on infrastructure and food imports to mitigate the effects of the ongoing conflict with Iran and the closure of the Strait of Hormuz. Bloomberg posted on X that this strategic move has contributed to an increase in the country's budget deficit during the first quarter. The decision reflects Saudi Arabia's efforts to stabilize its economy and ensure the availability of essential goods amid regional tensions. The closure of the Strait of Hormuz, a critical maritime passage, has heightened concerns over supply disruptions, prompting the kingdom to take proactive measures. This development underscores the broader economic challenges faced by Saudi Arabia as it navigates geopolitical uncertainties.

Silver (XAG/USD) surged 3% intraday to trade near $79, breaking a multi-month resistance shelf, according to BeInCrypto. This move comes as the US Dollar Index (DXY) continues its decline, enhancing silver's appeal to foreign buyers. The dollar's weakness, driven by macro developments such as potential US-Iran agreements, supports silver's bullish outlook. The latest COT report shows traders reducing silver exposure, with shorts unwinding faster than longs, indicating a cautious but bullish sentiment. Silver's path to its $121 all-time high depends on further dollar weakness and futures positioning.

The stablecoin market capitalization increased by 1.6% in April, reaching a record high of $321 billion. According to NS3.AI, this marks the third consecutive month of growth in the stablecoin sector. Tether continues to dominate the market, holding more than half of the total supply with a market cap of $190 billion.

On May 7, Jin10 reported that market investors have lowered their expectations for interest rate hikes by the Bank of England, following speculation that the United States and Iran may reach a peace agreement. According to Jin10, reports indicate that US-Iran negotiations are ongoing and could lead to the reopening of the Strait of Hormuz. This news has impacted Brent crude oil prices, which fell by 3.5%. Data from LSEG shows that the market currently anticipates a cumulative 50 basis point rate hike by the Bank of England in 2026, down from the 66 basis points priced in before the news of the US-Iran talks.

SpaceX is preparing for substantial spending as it approaches its initial public offering (IPO). According to Jin10, the company is strategizing to allocate significant resources in anticipation of going public. This move is seen as a critical step in SpaceX's growth trajectory, as it aims to strengthen its market position before the IPO. The company has not yet disclosed specific details regarding the expenditure or the timeline for the IPO. However, this development indicates SpaceX's commitment to expanding its operations and enhancing its capabilities in the competitive aerospace industry.

A think tank comprising current and former central bank policymakers has suggested that the Federal Reserve needs to improve its monetary policy execution and communication with investors and the public to withstand ongoing political attacks and maintain its independence. According to Jin10, the report, led by former New York Fed President William Dudley and authored by the Group of Thirty (G-30), discusses reform proposals by Kevin Warsh, a nominee for Fed Chair and G-30 member. The report outlines eight recommendations, including publishing a clear roadmap on when and how the Fed will use its balance sheet, associated costs and benefits, and the risks and potential advantages of balance sheet reduction. Other suggestions include releasing more detailed staff forecasts and limiting forward guidance to periods when interest rates are near zero. The organization also urges the Fed to clearly delineate responsibilities between the central bank and the U.S. Treasury, particularly regarding balance sheet policies and financial stability tools. Additionally, the report recommends an external review of the Fed's policy framework and operations. The G-30 refutes Warsh's proposal to restrict Fed policymakers' communication through speeches and other channels, asserting that the Fed Chair does not have the authority to make such changes unilaterally and that current communication practices are vital transparency tools.

Nvidia's stock was trading at approximately $207, while the average analyst price target, according to S&P Global Market Intelligence, was $269.17. The highest target set by analysts reached $380. According to NS3.AI, the potential for Nvidia's stock to reach $300 is linked to strong demand for Blackwell chips, significant revenue growth, and customer retention through the CUDA ecosystem.

At Consensus Miami 2026, CZ stated that YZi Labs currently allocates 70% of its funds to blockchain, 20% to AI, and 10% to biotechnology. BNB is positioned as the native currency for AI agents, and all blockchains need to be "AI ready," supporting AI agent payments and AI tool protocols such as MCP. Cryptocurrency should be the most native way for AI agents to conduct cross-border payments. Regarding RWA, CZ stated that a year ago he believed RWA was overvalued, but he has now changed his view; RWA is real and currently undervalued.

According to on-chain analyst Ai Yi, address 0xe5f…cceaf bought $480,000 worth of sato at an average price of $1.4304 in the past 11 hours, just in time for the peak, making it the address with the highest purchase amount in the past 24 hours (and also the newly ranked second address). Currently, it has a floating loss of $276,000. 23 hours ago, it withdrew 1.23 million USDC from Hyperliquid, possibly for building a position. Currently, its wallet still has 750,000 USDC unused. Sato is its only memecoin, and although it has dropped significantly, it has not reduced its position yet.

An investor, identified by the address 0xe5f…cceaf, recently made a substantial purchase of the cryptocurrency Sato, acquiring $480,000 worth at an average price of $1.4304. This transaction, which took place over the past 11 hours, marked the highest purchase amount for Sato in the last 24 hours, according to analyst @ai_9684xtpa posted on X. Unfortunately, the investor's decision to buy at a peak has resulted in an unrealized loss of $276,000. Approximately 23 hours ago, the investor withdrew 1.23 million USDC from Hyperliquid, potentially to fund this acquisition. Despite the current downturn, the investor's wallet still holds 750,000 USDC, indicating that a significant portion of their funds remains unutilized. Notably, Sato is the only memecoin in their portfolio, and despite the recent decline in its value, the investor has not yet reduced their holdings.

Strategy holds Bitcoin not for trading, but for permanent ownership.

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

During the observation window from April 20 to May 7, 2026, the global crypto market demonstrated remarkable resilience, with the overall market capitalization completing a paradigm shift from "high-frequency speculative driving" to "structural rebalancing" amidst macroeconomic fluctuations.

Every megawatt of energy diverted from Bitcoin mining to artificial intelligence infrastructure subsidizes the economic interests of those still engaged in Bitcoin mining.

On May 5, 2026, WLFI, a crypto project owned by the Trump family, officially shared a new product.

OpenAI, OpenAI coup night text messages exposed: Altman begs "Microsoft to acquire me" Golden Finance, that coup was far more chaotic, absurd, and ruthless than the media portrayed.

Elon Musk appears to be setting aside his long-running criticism of Anthropic as the AI race increasingly shifts from model development to the battle for computing power.

TON finalises transactions in about 0.6 seconds, making it faster than most major Layer 1 blockchains. By comparison, Solana takes around 13 seconds, Ethereum about 13 minutes, and Bitcoin roughly an hour, while Cardano can take up to a day.

The Clarity Act (the Digital Asset Markets Clarity Act) is expected to pass Congress by July 4, 2026. Trump's push to make the US the "crypto capital of the world" is gaining momentum.

Market Screening and Position Analysis Suite × Sentiment Radar Suite × Smart Money Signal Suite: Three tools cross-validate to capture trading opportunities from multiple dimensions.