Crypto Industry News & Market Trends

Elon Musk and Sam Altman face off in OpenAI lawsuit trial

Two of the most powerful people in artificial intelligence are now sitting across from each other in a federal courtroom instead of a boardroom. Elon Musk and Sam Altman, who co-founded OpenAI with a stated mission to develop AI for the benefit of humanity, are locked in a jury trial that could reshape how the world thinks about nonprofit promises in the age of billion-dollar technology.　　The trial, which began with jury selection on April 27, 2026, in the US District Court for the Northern District of California, centers on Musks allegation that OpenAI abandoned its founding principles. In English: Musk says he gave roughly $44 million to a charity, and that charity turned itself into a profit machine partnered with Microsoft.　　What Musk is actually claiming　　Musk filed the lawsuit on February 29, 2024, naming OpenAI, Altman, and others as defendants. His core argument is straightforward: OpenAI was created as a nonprofit with the explicit goal of pursuing artificial general intelligence, or AGI, for the public good. Instead, Musk alleges, the organization pivoted to a profit-seeking model that benefits insiders and corporate partners rather than humanity at large.　　The approximately $44 million Musk donated to OpenAI forms the financial backbone of his case.

05-18Industry

CoreWeave, Nvidia and Palantir Stocks: Which Is The Better AI Buy?

The AI boom kicked off in May 2023. Thats when AI chip designer Nvidia announced a surprising leap in demand for its graphics processing units – convincing me that the rapid growth in ChatGPT users was evidence of the next big thing.　　While Nvidia leads the pack of publicly-traded AI companies, CoreWeave, which went public in March 2025 by monetizing its stash of GPUs, has also benefited from the growth in spending on AI data centers which train and operate AI chatbots like ChatGPT, Gemini and Claude. Palantir, which uses data analysis to help some government agencies and private companies get their jobs done, is different from Nvidia and CoreWeave because it uses AI chatbots, but does not invent and deploy its own.　　Nvidia, CoreWeave And Palantir At A Glance　　Although Nvidia, CoreWeave and Palantira are leaders in their respective industries, they offer potential investors very different potential rewards and risks.　　The Case For Nvidia (NVDA)　　Nvidia, whose shares have risen 79% in the year ending May 12, is the leader in AI chip design. It competes primarily in the hardware accelerator and semiconductor market, providing the GPUs (like the H100, B200 Blackwell, and Rubin architectures) that AI data centers use to train and operate

05-18Industry

Garlinghouse: Ripple is the Infrastructure for the Internet of Value

Ripple CEO Brad Garlinghouse, during an ‘XRP in a Minute’ segment at XRP Las Vegas, positioned the XRP Ledger as a specialized payment infrastructure capable of settling transactions in three to five seconds for mere fractions of a penny.　　He highlighted its processing of over 4 billion transactions since 2012 and its potential as the foundational layer for the Internet of Value. Garlinghouse emphasized the ledger‘s technical architecture, tracing its origins to former Bitcoin developers, as XRP’s competitive advantage over Ethereum and Bitcoin.　　This approach aims to shift XRPs audience from retail investors to institutional players, such as treasury managers and banks. By framing XRP as a payment infrastructure rather than an investment, Ripple is seeking to engage mainstream financial services and expand beyond niche crypto payments.　　Following Garlinghouses comments, XRP USD is trading at $1.38, down -3.2% on the day amid a broader market-wide cooldown that has wiped more than $100Bn from the total crypto market cap.　　$XRP/USDT 4H Analysis　　XRP is riding an ascending trendline since late March, currently testing that support after a rejection from the $1.48–$1.50 resistance zone　　Key levels to watch:　　– Support: Trendline $1.38　　– Resistance: $1.48–$1.50　　Ripple Architecture and the Internet of Value: How Garlinghouses Payment-Focused Design Philosophy Actually Functions　　The XRP Ledger

05-18Industry

Intel stock just $8 billion away from overtaking Oracle in market cap

American semiconductor giant Intel (NASDAQ: INTC) is closing in on overtaking Oracle (NASDAQ: ORCL) in market capitalization, with the gap between the two technology companies narrowing to just over $8 billion.　　Based on market closing data for May 15, Intel held a valuation of approximately $546.67 billion, compared to Oracles $554.93 billion, a difference of $8.26 billion.　　The gap places Intel at rank 23 among the largest U.S. companies, directly behind Oracle at rank 22.　　The narrowing difference reflects Intel‘s dramatic resurgence in 2026, with the chipmaker’s stock rallying almost 200% year-to-date. As of press time, INTC shares were trading at about $108.　　A major driver behind the rally has been Intels strong first-quarter 2026 earnings report. The company posted revenue of $13.6 billion, beating guidance by roughly $1.4 billion.　　Intels data center and AI segment revenue rose 22% year-over-year, while AI-related businesses now account for nearly 60% of total revenue after expanding 40% annually.　　The report also showed improving profitability, with adjusted gross margins climbing to about 41%, supported by stronger factory yields, tighter cost controls, and improved manufacturing execution.　　At the same time, Intels advanced 18A process node is reportedly progressing ahead of schedule, with improving yields expected to support higher margins and faster production

05-18Industry

Ethereum hosts 72.6% of all tokenized ETFs as market eyes $20 trillion by 2030

Nearly three out of every four tokenized ETF products live today sit on Ethereum. That 72.6% market share isn‘t a rounding error. It’s a structural moat.　　The broader tokenization market, which includes everything from Treasury bills to equity funds represented as blockchain tokens, is projected to reach somewhere between $16 trillion and $20 trillion in tokenized assets by 2030. Ethereum has quietly positioned itself as the default rails for this migration, and the biggest names in traditional finance are the ones laying the track.　　Why Ethereum keeps winning the institutional vote　　Ethereum was the first programmable blockchain with meaningful liquidity, and institutions tend to go where the liquidity already is. The ERC-20 token standard has become something like the PDF of on-chain finance. Not because its perfect, but because everyone already knows how to use it. Wallets support it. Exchanges list it. Custody providers understand it.　　Franklin Templeton offers one of the clearest case studies. Its BENJI token, which manages over $500 million, originally launched on Stellar. In 2023, the firm moved operations to Ethereum. Thats not a small decision for a company managing hundreds of billions in traditional assets.　　Then theres Ondo Finance, which has emerged as one of the most aggressive players in

05-18Ethereum

Ethereum News: Trump-Linked World Liberty Sells 4,870 ETH for $10.61M

A wallet linked to the Trump-affiliated World Liberty Financial project sold 4,870 ETH for about $10.61 million in USDC, according to market data shared by crypto trackers. The sale was executed at an average price of roughly $2,178 per ETH.　　Ethereum traded near $2,185 after the transaction, moving slightly lower during the session as the asset continued to face pressure from exchange-traded fund outflows and broader market caution. ETH has been trading near the lower part of a recent channel, with analysts watching whether buyers defend the $2,150 support zone.　　The World Liberty sale comes as the project remains under public and legal scrutiny. The Trump-linked crypto venture has faced questions over its governance token, treasury activity, investor restrictions, and reported disputes with early backers.　　World Liberty Sells ETH as Market Watches Treasury Activity　　The 4,870 ETH adds to recent treasury management activity tied to World Liberty Financial. The project has previously drawn market attention because of its political links, token structure, and reported asset movements.　　The latest sale converted ETH into USDC, a dollar-pegged stablecoin widely used in crypto trading and treasury management. Such transactions are often watched by traders because large wallet sales can affect market sentiment, especially when they involve politically connected

05-18Ethereum

Ethereum Price Prediction: Is ETH Setting Up for a Drop to the $1.8K Zone?

Ethereum　　Ethereum Price Prediction: Is ETH Setting Up for a Drop to the $1.8K Zone？　　10 hours ago　　Bitcoin Ethereum News　　;　　}　　function loadTrinityPlayer(targetWrapper, theme,extras=“”) {　　cleanupPlayer(targetWrapper); // Always clean first ✅　　targetWrapper.classList.add(‘played’);　　// Create script　　const scriptEl = document.createElement(“script”);　　scriptEl.setAttribute(“fetchpriority”, “high”);　　scriptEl.setAttribute(“charset”, “UTF-8”);　　const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/？themeAppearance=${theme}${extras}`);　　scriptURL.searchParams.set(“pageURL”, window.location.href1);　　scriptEl.src = scriptURL.toString();　　// Insert player　　const placeholder = targetWrapper.querySelector(“.add-before-this”);　　placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);　　}　　function getTheme() {　　return document.body.classList.contains(“dark”) ？ “dark” : “light”;　　}　　// Initial Load for Desktop　　if (window.innerWidth 768) {　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),　　});　　}　　}　　// Mobile Button Click　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),　　});　　}　　function reInitButton(container,html){　　container.innerHTML = + html;　　}　　// Theme switcher　　const destroyButton = document.getElementById(“checkbox”);　　if (destroyButton) {　　destroyButton.addEventListener(“click”, () = {　　setTimeout(() = {　　const theme = getTheme();　　if (window.innerWidth 768) {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if(desktopWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(desktopWrapper, theme,　　}else{　　reInitButton(desktopWrapper,‘’)　　const desktopBtn = document.getElementById(“desktopPlayBtn”);　　if (desktopBtn) {　　desktopBtn.addEventListener(“click”, function () {　　const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);　　if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘　　});　　}　　}　　} else {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if(mobileWrapper.classList.contains(‘played’)){　　loadTrinityPlayer(mobileWrapper, theme,　　}else{　　const mobileBtn = document.getElementById(“mobilePlayBtn”);　　if (mobileBtn) {　　mobileBtn.addEventListener(“click”, function () {　　const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);　　if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,　　});　　}　　}　　}　　}, 100);　　});　　}　　})();　　Ethereums recent recovery phase has weakened considerably after repeated failures beneath the $2.4K major resistance level. The latest price action suggests bearish momentum is gradually building, while buyers struggle to maintain control above important support regions.　　Ethereum Price Analysis: The Daily Chart　　On the daily timeframe, ETH has experienced a notable bearish rejection

05-18Ethereum

Ethereum (ETH) Price Prediction: ETH Slides Near $2,180 as Whale Deposits and Smart Money Shorts Add Pressure Towards $2,100

Ethereum is back under pressure after losing momentum near the upper side of its recent range. According to Brave New Coin data, ETH is trading near $2,180, down 2.08% in the last 24 hours, with 24-hour asset volume around $11.23 billion.　　Ethereum Slips Back Into the Lower Range　　The latest Brave New Coin chart shows ETH losing its intraday footing after failing to sustain strength near the upper side of the session. Price has now moved back towards the $2,160–$2,180 region, making this the first area where buyers need to show a reaction.　　What makes this move important is the shift in market focus. ETH was recently trying to build towards the $2,350–$2,380 resistance zone, but the latest rejection has pushed attention back to downside liquidity and support defense.　　For now, ETH needs to recover above $2,220–$2,250 to reduce short-term pressure. Without that reclaim, the market may continue leaning towards the lower range, with $2,100 becoming the next area traders are likely to watch.　　Whale Deposits Raise Short-Term Selling Risk　　Lookonchain highlighted that two wallets, possibly linked to Gammafund, deposited 10,976 ETH, worth around $23.9 million, into Binance within the past hour. Large exchange deposits often create short-term caution because they can signal possible selling pressure.　　This

05-18Ethereum

ETH Price Prediction: $2,350 Breakout Imminent as Technical Reset Completes

Market Context: Why ETH is Moving Now　　Ethereum trades at a crossroads around $2,180, having shed 16% from recent highs while institutional interest remains steady. The current price action reflects technical consolidation rather than fundamental deterioration, with derivatives markets showing no signs of panic selling or leverage unwinding.　　The broader crypto environment supports ETHs recovery potential. Institutional flows continue at measured pace, and the absence of extreme fear suggests this pullback represents healthy profit-taking rather than structural breakdown. Blockchain.news analysis indicates smart money positioning for the next leg higher rather than fleeing to safety.　　Technical Picture Shifts Bullish　　Momentum indicators have reached oversold territory without triggering capitulation selling, creating conditions ripe for reversal. The daily trading range expansion signals increased volatility ahead, typically favoring directional moves rather than continued sideways grinding.　　Support levels around $2,160-2,180 have absorbed selling pressure effectively, with each test producing diminishing volume. This price action suggests accumulation by larger players who prefer buying weakness rather than chasing strength. The technical structure points toward resolution higher rather than breakdown below key support.　　Derivatives Signal Strength　　Professional traders maintain bullish positioning despite the recent price weakness, with long exposure dominating across major platforms. This positioning creates natural buying support as any sharp decline would trigger

05-18Ethereum

Ethereum Devs Clash Over Rising Data Costs

The state storage problemVitalik Buterin weighs in　　The Ethereum network is approaching a critical infrastructure bottleneck, sparking intense debate among developers over how to handle the blockchains rapidly growing “state size.”　　At the center of the controversy is a proposed network upgrade, EIP-8037, which aims to curb data bloat by significantly increasing the upfront gas costs for developers deploying new smart contracts and storage slots.　　There seems to be an economic flaw in Ethereums current design: developers pay a one-time fee to write data to the blockchain, but network nodes are forced to pay the ongoing costs to store that data forever.　　Why Zcash Beats Bitcoin: Cardano Creator Explains; XRP Breaks 2026 ETF Record With 16% Jump Over April; Strategy Set to Disclose $1.2 Billion BTC Acquisition – Morning Crypto Report　　Peter Brandt Warns Solana Could Crash　　The state storage problem　　Ethereums “state” is the snapshot of all current account balances, smart contract code, and data stored on the network. Unlike transaction history, which can be archived, the state must be actively maintained and readily accessible by nodes to process new transactions.　　Currently, the Ethereum state sits at approximately 390 GiB. At the current growth rate, the network is projected to hit a critical “danger zone” of 650

05-18Ethereum

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