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Sam Altman shoots up on Forbes top billionaires list with a $6.5 billion net worth

Sam Altman‘s fortune has climbed to more than $6.5 billion, based on Forbes’ latest estimate, after court filings pulled new details about his private company stakes into public view.　　Sams wealth was previously placed at a little above $4.5 billion, but the new estimate includes holdings tied to companies that have had business with OpenAI, plus an indirect interest in the ChatGPT maker through Y Combinator, though Sam did not disclose the size of that OpenAI-related stake in court.　　Greg Brockman, OpenAIs president, testified that his personal stake in the company is worth close to $30 billion, while Ilya Sutskever, an OpenAI cofounder, was tied to a $7 billion holding.　　Those numbers came out while Elon Musks lawsuit against OpenAI and Sam continued in court, with Elon seeking $150 billion in damages and asking for Sam to be removed as both an officer and board member.　　Court filings put Sams private stakes under pressure as regulators circle OpenAI　　The court document said Sam owns more than $2 billion in companies that have done business with OpenAI. That detail landed in the middle of claims from Elon and state attorneys general that Sam had conflicts tied to his personal investments.　　Elons case includes allegations of breach of

05-14

XLM Price Prediction: Stellar Coils at $0.16 for Breakout as Whales Position 55% Long

Market Context: Why XLM is Moving Now　　Stellar sits trapped in a narrow consolidation pattern that signals institutional accumulation rather than retail capitulation. The price action around $0.16 represents a classic squeeze formation where all moving averages have converged to identical levels—a technical setup that historically precedes explosive moves in either direction.　　The derivatives market tells the real story here. Open interest spiked 9.90% in 24 hours while funding rates remain neutral at 0.0075%. This combination signals fresh institutional money entering positions without creating obvious directional bias yet. Smart money is building positions before the breakout, not chasing momentum after it happens.　　Technical Alignment Points to Compressed Energy　　Every momentum gauge points to a market in perfect equilibrium waiting for a catalyst. The RSI sits dead center at 50.37 while MACD hovers at essentially zero with a barely negative histogram. This isn‘t bearish—it’s compressed energy waiting to release.　　The Bollinger Band positioning at 0.55 confirms XLM is trading slightly above the 20-period mean, suggesting underlying strength despite the sideways action. When technicals align this neutrally after a prolonged consolidation, the subsequent move typically exceeds 25% in whichever direction breaks first. Blockchain.news analysis shows similar setups in crypto often resolve within 2-4 weeks.　　Whale Positioning Reveals Hidden

05-14

Let the Free Markets Be Free: SEC Push Could Shape Future Crypto Rules

Crypto　　Let the Free Markets Be Free: SEC Push Could Shape Future Crypto Rules　　The Securities and Exchange Commission (SEC) “Material Matters” podcast points to a broader push to modernize securities rules that could affect crypto-linked public companies over time. In the second episode released on May 12, Division of Corporation Finance Director Jim Moloney discussed free-market principles, rule modernization, capital formation, and more direct staff engagement during a conversation with Chair Paul Atkins.　　Crypto-related issuers often operate in areas where regulation remains complex, including custody, token activity, exposure, cybersecurity, and accounting treatment. Moloney said asset issues are among the initiatives on the divisions agenda, along with disclosure simplification, proxy rules and climate-related regulations.　　“We simply cant sit still and assume that what was developed 50 years ago, 80 years ago, still holds true today. The laws, the rules need to be updated and addressing the new technology,” he stressed, adding:　　“We want to facilitate entrepreneurs in coming forth with their ideas to build these business models. Let the free markets be free.”　　That language could carry implications for companies that have argued existing securities frameworks do not fully align with digital asset markets and blockchain-based business models. Moloney described a need to reassess older frameworks,

05-14

NEAR Price Prediction: $2.10 Target Locked as Bulls Control $1.66 Resistance

Market Structure Favors Upside Break　　NEAR Protocol has reversed from $1.51 lows to current $1.61 levels, establishing control above critical support zones. The token now trades above the SMA 7 at $1.57 and SMA 200 at $1.54, creating a foundation for higher prices. Volume at $51.3 million on Binance confirms institutional participation rather than retail speculation.　　The momentum shift validates Blockchain.news coverage of NEARs technical setup, with the token positioned at a decision point that will determine the next major directional move. Current price action suggests bulls are preparing to challenge upper resistance levels.　　Technical Indicators Signal Breakout Setup　　RSI at 69.34 provides room for additional upside before reaching overbought conditions, while the flatlining MACD histogram indicates coiling momentum ready to expand. The Stochastic divergence between %K at 81.88 and %D at 65.50 typically precedes price acceleration phases.　　NEARs position at the upper Bollinger Band shows resistance testing without full breakout confirmation. The contained ATR of $0.09 suggests any upward move will have sustainability rather than quick reversal characteristics.　　Whale Positioning Points Higher　　Smart money flows reveal directional bias through the 2.14 long/short ratio among top traders, with 68.1% holding long positions. Retail traders align at 67.9% long, indicating broad consensus on upward movement. The negative funding

05-14

Keeta Network: Will its new launch help KTA turn $0.26 into support?

Tech　　Keeta Network: Will its new launch help KTA turn $0.26 into support？　　Keeta Network [KTA] continues to collaborate with the Coinbase-backed Base chain for liquidity provision, even after launching its Layer 1 blockchain late last year. KTA is among the trending tokens in the past 24 hours, gaining over 37% at press time, as speculative trading surges.　　The altcoin saw an increase in daily trading volume of about 236%, surpassing $7.50 million. Here is what led to the surge in speculative trading activity on the network.　　Upcoming ‘Keeta Personal’ drives speculation　　Keeta Network announced plans to launch ‘Keeta Personal’, an all‑in‑one account for payments, crypto, and investments on the 15th of May, according to founder Ty Schenk. A demo video showed features such as bank transfers, deposits, USD and EUR account details, routing numbers, and balances across fiat and stablecoins.　　The system is designed to move value globally in real time across both traditional finance and blockchain rails. The Keeta network also plans to roll out Keeta Checkout for online payments and Keeta Business for global on‑chain banking.　　Source: Keeta　　These developments are set to increase transaction activities involving payments on the network. Moreover, Keeta led the top three activity gainers as per Chainspect.　　KTA price flips supertrend

05-14

Ether May Soar to Five-Digit Prices Fueled by Rising Institutional Adoption

Tech　　Ether May Soar to Five-Digit Prices Fueled by Rising Institutional Adoption　　Market analysts said Ether (ETH) was ready to continue its uptrend following moves by JPMorgan and BlackRock to launch tokenized funds on the Ethereum network.　　Key takeaways:Institutional adoption is underway as JPMorgan and BlackRock plan to launch tokenized funds on Ethereum.Strong technical structures in multiple time frames suggest ETH price is bottoming out.　　ETH traders anticipate the price to “outperform”　　Data from TradingView showed ETH/USD trading at $2,320, up 2% over the last 24 hours.　　The pair last week, as spot Ether exchange-traded fund (ETF) outflows and rising balance on Binance .　　As such, bulls must push and hold the ETH/USD pair above $2,400 to continue the uptrend.　　In a Wednesday post on X, analyst CryptoJack ETH is “getting ready for a pump” as it consolidates inside a symmetrical triangle on lower time frames.　　“A breakout could lead to a strong move soon.”　　Crypto Patel‘s ETH trading inside an ascending triangle that has guided its price action since 2020. ETH is bouncing off the triangle’s lower trendline around $1,800, a zone that previously acted as a launchpad for large upside moves.　　The analyst sets the upside target for Ether at $10,000-$15,000, saying:　　“$ETH will outperform this cycle.”　　Fellow crypto analyst Celal

05-14

Coinbase CEO backs CLARITY Act before Senate markup

Coinbase CEO Brian Armstrong has backed the latest version of the Digital Asset Market Clarity Act before the Senate Banking Committees Thursday markup. 　　SummaryArmstrong says latest CLARITY Act draft has stronger bipartisan footing before Thursday Senate markup vote.Stablecoin yield compromise allows activity-based rewards while banning passive payments for simply holding tokens alone.HarrisX poll shows 52% support CLARITY Act, while 11% oppose passage before Thursdays markup vote.　　His comments mark another shift in the long-running debate over U.S. crypto market rules. Armstrong said the bill is now in its strongest position after months of talks between lawmakers, banks and crypto firms.　　Meanwhile, the main change centers on stablecoin yield. Armstrong said banking and crypto groups reached a “healthy compromise” brokered by Senators Thom Tillis and Angela Alsobrooks. He said both sides left talks partly unhappy, but reached terms they could accept.　　You might also like:　　Fidelity International launches Moodys-rated FILQ tokenized fund　　The revised draft bars passive yield paid only for holding stablecoins. However, it still allows activity-based rewards tied to payments, platform use and real crypto network activity. Earlier reports noted that this issue helped stall the bill in January after Coinbase rejected the earlier version.　　Revised draft adds DeFi and CFTC changes　　Armstrong also said the

05-14

Paybis Secures MiCA and Payment Licenses in Latvia in Stablecoin Play

Founded in 2014, Paybis supports 90 cryptocurrencies and serves seven million users across 180 countries. It also holds money services business licences in the US and Canada.　　EU weighs “MiCA 2” amid rising scrutiny　　In April, a European Commission adviser said the EUs MiCA crypto regulation is likely to evolve over time, with the Commission planning a public consultation to assess whether the rules are working for market participants. Speaking at Paris Blockchain Week 2026, Peter Kerstens said it would be “rather unusual” if there were no “MiCA 2” at some point, noting that EU financial legislation typically develops in stages.　　The comments came amid growing scrutiny and opposition from the crypto industry. Stablecoin issuer Circle has pushed back on euro stablecoin thresholds, while policymakers debate whether supervision of major crypto firms should be centralized under the European Securities and Markets Authority.

05-14

OpenAI move revives fears, pushing Indias IT shares to three-year low

Tech　　OpenAI move revives fears, pushing Indias IT shares to three-year low　　India‘s technology sector just had one of its worst days in recent memory, and the catalyst wasn’t a missed earnings report or a client bankruptcy. It was OpenAI announcing it wants to do what Indian IT companies do, but with AI doing the heavy lifting.　　The Nifty IT index fell approximately 3.7% to around 28,235, its lowest level since May 2023. Every single one of the index‘s 10 constituents closed in negative territory. LTIMindtree led the rout with a decline of around 5%, followed by Tech Mahindra at roughly 4.4%. Infosys and TCS, the sector’s heavyweights, shed between 2% and 5%.　　What OpenAI actually did　　OpenAI introduced what it‘s calling a “Deployment Company,” a new business unit staffed with forward deployed engineers whose job is to help enterprises integrate AI into their operations. The company also acquired Tomoro, a consulting firm, signaling that OpenAI isn’t content with just building AI models. It wants to sell the implementation, too.　　In English: OpenAI is moving into the enterprise consulting and integration business. Thats the exact territory where Indian IT giants like Infosys, TCS, Wipro, and HCL Technologies have built multi-billion-dollar empires over the past three decades.　　The

05-14

Keeta Network: Will its new launch help KTA turn $0.26 into support？

Keeta Network [$KTA] continues to collaborate with the Coinbase-backed Base chain for liquidity provision, even after launching its Layer 1 blockchain late last year. $KTA is among the trending tokens in the past 24 hours, gaining over 37% at press time, as speculative trading surges.　　The altcoin saw an increase in daily trading volume of about 236%, surpassing $7.50 million. Here is what led to the surge in speculative trading activity on the network.　　Upcoming ‘Keeta Personal’ drives speculation　　Keeta Network announced plans to launch ‘Keeta Personal’, an all‑in‑one account for payments, crypto, and investments on the 15th of May, according to founder Ty Schenk. A demo video showed features such as bank transfers, deposits, USD and EUR account details, routing numbers, and balances across fiat and stablecoins.　　The system is designed to move value globally in real time across both traditional finance and blockchain rails. The Keeta network also plans to roll out Keeta Checkout for online payments and Keeta Business for global on‑chain banking.　　Source: Keeta　　These developments are set to increase transaction activities involving payments on the network. Moreover, Keeta led the top three activity gainers as per Chainspect.　　$KTA price flips supertrend indicator bullish　　The price action chart showed $KTA was bullish after a

05-14

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