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Poland debates four crypto bills at once as ban proposal complicates vote

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AI agents, privacy and prediction markets define ETHGlobal Cannes 2026 finalists

Poland’s Sejm is reviewing four rival crypto bills while the PiS opposition dangles a separate ban proposal, turning MiCA implementation into a high‑stakes regulatory brawl.

Summary

  • The Polish Sejm has begun simultaneous review of four competing cryptocurrency regulatory bills, with a second reading vote expected Thursday, after President Karol Nawrocki vetoed related legislation twice.
  • The central dispute is over how much power to give financial regulator KNF to freeze accounts and levy fines, with maximum penalties ranging from roughly 20 million zlotys ($5.5 million) in the presidential draft to 25 million zlotys ($6.9 million) in the Ministry of Finance version.
  • The opposition Law and Justice party has thrown a wrench into proceedings by submitting a separate bill calling for a complete ban on crypto-related activities in Poland, the only such proposal among major EU member states at a time when MiCA is already in force across the bloc.

Poland’s lower house of parliament, the Sejm, is now reviewing four simultaneous and competing cryptocurrency regulatory bills after Speaker Włodzimierz Czarzasty confirmed the formal review process has begun, according to reporting by The Block. The four proposals come from the government, the presidential office, the Poland 2050 party and the Confederation party, reflecting a fractured political landscape in which no single faction commands enough support to pass a unified crypto framework on its own. A second reading vote is expected as early as Thursday.

Four bills, one parliament, and a ban proposal on the side

The legislative deadlock has roots in executive-legislative conflict. President Karol Nawrocki has already vetoed crypto-related legislation twice, and the current multi-bill review is in part a consequence of those vetoes forcing the Sejm to restart negotiations from scratch. The core technical dispute is narrow but consequential: how much enforcement power the Polish Financial Supervision Authority (KNF) should have over crypto firms, specifically its ability to freeze accounts and impose maximum fines. The presidential draft caps penalties at approximately 20 million zlotys, equivalent to about $5.5 million, while the Ministry of Finance’s version pushes that ceiling to 25 million zlotys, or roughly $6.9 million — a 25% gap that reflects a deeper disagreement about whether Poland’s crypto regulatory posture should prioritize innovation or investor protection.

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Into that already complicated debate, the opposition Law and Justice party (PiS) dropped a separate bill on Monday calling for a complete ban on crypto asset-related activities in Poland. PiS had previously withdrawn support for earlier regulatory proposals, and its ban draft will only enter formal review after the four main bills are processed, according to Speaker Czarzasty. The Speaker also used the occasion to raise pointed questions about potential political financing issues in the crypto sector, specifically referencing Polish exchange Zondacrypto and asking whether industry funding had influenced political activities — a line of inquiry that injects a corruption subtext into what had been a relatively technical regulatory debate.

Poland’s crypto bill chaos in a post-MiCA Europe

The Polish parliamentary standoff is unusual within the European Union context. MiCA — the Markets in Crypto-Assets regulation — entered into full force across all 27 EU member states in December 2024, giving exchanges, stablecoin issuers and crypto asset service providers a harmonized licensing framework that national legislatures are supposed to implement rather than override. Poland is therefore not debating whether to regulate crypto under MiCA, which already applies, but rather how aggressively to set national enforcement parameters on top of the EU baseline, a distinction that makes PiS’s outright ban proposal legally problematic as well as politically radical.

For the broader European crypto market, Poland matters more than its size might suggest. The country has one of the largest retail crypto user bases in Central and Eastern Europe, and Zondacrypto — formerly known as BitBay — is one of the continent’s older and better-capitalized domestic exchanges, now operating under a MiCA transitional license. A regulatory outcome that imposes KNF account-freeze powers and $6.9 million penalty ceilings would be broadly workable for established players, while an outright ban, even if constitutionally and EU-law challengeable, would create immediate operational uncertainty. As a crypto.news story on Australia’s capital gains tax overhaul showed, retail-heavy crypto markets are highly sensitive to sudden shifts in the legal and tax treatment of digital assets, and Poland’s Thursday vote — whatever its outcome — will be closely watched by exchanges and compliance teams operating across the EU’s eastern flank.

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WAIB Summit Monaco 2026 returns: the world’s most exclusive gathering for digital assets & AI

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WAIB Summit Monaco 2026 returns: the world’s most exclusive gathering for digital assets & AI

Monaco, May 12, 2026 — Following the resounding success of its 2025 edition, WAIB Summit Monaco proudly announces its return on June 9–10, 2026, at the prestigious One Monte-Carlo, located in the heart of Monaco’s iconic Casino Square.

Recognized as one of the world’s most exclusive summits for Web3, Artificial Intelligence, and Digital Assets, WAIB Summit Monaco 2026 will once again convene 2,000+ global attendees, including visionary founders, family offices, institutional investors, venture capitalists, regulators and policymakers, global brands, and thought leaders shaping the future of technology and innovation.

Building on the global momentum surrounding the Monaco Formula 1 Grand Prix, the summit uniquely blends cutting-edge innovation, luxury, and elite networking—transforming Monaco’s peak international spotlight into a gateway for the future of finance and the internet.

A proven global impact

The 2025 edition of WAIB Summit Monaco featured:

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  • 150+ speakers from leading global organizations, including Microsoft, Coinbase, OKX, B2C2, and AS Monaco, alongside many other world-class brands and institutions
  • 50 top global KOLs with a combined audience of 6+ million followers
  • 2,000+ international attendees
  • Over 1.3 million social media impressions

This momentum firmly established WAIB Summit Monaco as a landmark event for influence, investment, and impact across the Web3 and AI ecosystem.

What to expect in 2026

WAIB Summit Monaco 2026 will deliver an expanded program of curated experiences and exclusive side events—bringing together top global exchanges, financial institutions, and public sector leaders including BNP Paribas, Natixis, CoinShares, Franklin Templeton, Kraken, KuCoin EU, the European Commission, the European Parliament, and representatives from the Governments of Liechtenstein and Monaco—alongside leading global family offices and institutional asset managers, designed to foster innovation, collaboration, and capital formation at the highest level:

Featured speakers

Policy & government

  • Peter Kerstens — Adviser, European Commission (DG FISMA)
  • Ondrej Kovarik — Former Member of the European Parliament
  • Dr. Clara Guerra — Director, Government of Liechtenstein

Financial institutions & asset management

  • Rafael Mastroberardino — Franklin Templeton
  • Julien Clausse — Head of Asset Foundry, BNP Paribas
  • Ramzi Amairi — Director, Tech Coverage – Fintech & Digital Assets, Natixis
  • Elie Naba — Innovation Manager, ABN AMRO
  • Julien Busnel — Institutional Sales, CoinShares AM

Investment & family office

  • Lucius Czerlau, Marquess of Tihany — Principal, Czerlau Family Office
  • Paul Infante Moñozca — Moñozca Family Office

Web3 & infrastructure

  • Ada Vaughan — Head of DeFi, Stellar Development Foundation
  • Kean Gilbert — Head of Institutional Relations, Lido
  • Dayana Aleksandrova — Social & New Media Lead, WalletConnect

Global exchanges

  • Georg Harer — Co-CEO, Bybit EU
  • Sabina Liu — Managing Director, KuCoin EU
  • Nenter Chow — CEO, BitMart
  • Dorian Vincileoni — Head of Regional Growth, Kraken
  • Ajinkya M Tulpule — Director and Chief Operating Officer, HashKey Europe

Family offices VIP dinner at yacht club de Monaco

WAIB Summit Monaco is where family offices meet institutional providers. Hosted in the iconic Yacht Club de Monaco, this highly curated private gathering brings together 20+ single and multi family offices, private wealth leaders, institutional providers, government representatives, and selected founders for trusted, high-level dialogue on the future of Web3 and digital assets. Designed for quality over quantity, the experience convenes 80 carefully selected participants in an intimate setting where capital allocators, institutions, and policymakers can engage in meaningful conversations, exchange insights openly, and build strategic relationships away from crowded expo halls and transactional networking.

WAIB Summit Monte Carlo awards

Honoring excellence and breakthrough innovation across Web3, AI, and Digital Assets—celebrating the pioneers shaping the future of the decentralized economy.

VC & startup pitching sessions

A high-impact platform where selected Web3 and AI startups present groundbreaking innovations to leading venture capitalists and strategic investors. Participating VC partners include Draper University, CV VC Labs, funders.vc, Gini Capital, and MonacoTech.

AI film festival

A celebration of AI-driven filmmaking, positioning artificial intelligence as a new creative engine for cinema and storytelling—exploring the evolving relationship between the creator and the created. The festival brings together filmmakers, artists, AI creators, and philosophers to collaborate and showcase new forms of creative expression.

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AI film fest 24H hackathon

The AI Film Fest 24H Hackathon is a 24-hour AI filmmaking challenge open to all on-site attendees, exclusively powered by Alibaba Cloud. The Alibaba Cloud team will be on-site to deliver a tool demonstration and creative briefing before the challenge begins. Participants will then have 24 hours to create a 1–3 minute AI-generated short film. All submissions will be reviewed by the official jury, who will select Gold, Silver, and Bronze winners.

AI film awards jury members

  • Anthony Bourached — Associate Professor of Machine Learning & Creative AI at UCL
  • Vincent Lowy — Former Head, ENS Louis-Lumière
  • Nicholas Shoolingin-Jordan — Director of Netflix’s Series
  • Andrew McNamara — Generative AI Lead, Cinesite

Official Website: https://aifilmfest-monaco.com

The Moon party

An unforgettable closing celebration beneath the Monaco and Monte Carlo night sky, set on the beach along the Riviera coastline, bringing together founders, investors, and visionaries.

Tickets & access

Official tickets for WAIB Summit Monaco 2026 are now available.

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Early-bird rates are available for a limited time.

Website: https://waibsummit.com

Tickets: https://app.moongate.id/e/waibsummitmonaco2026

About WAIB Summit

WAIB Summit (Web3 and AI Summit) is a global platform connecting thought leaders, investors, family offices, and innovators shaping the future of decentralized technology and artificial intelligence. Hosted in Monaco, following the Monaco Formula 1 Grand Prix weekend, WAIB Summit blends Monaco’s timeless elegance with the vision of the digital age.

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Media contact:

joseph@waibsummit.com

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Bitcoin rally stalls ahead of U.S. inflation report as XRP, SOL prices hit resistance: Crypto Daily

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XRP's daily chart in candlestick format. (TradingView)

This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already.

Bitcoin’s rally stalled in the $80,000–$82,000 range, where it has largely traded since last Wednesday. While fund flows continue to point toward an eventual breakout, macro risks, particularly inflation, suggest caution.

The U.S. is scheduled to report its consumer price index (CPI) for April at 8:30 a.m. ET. According to FactSet, the median estimate is 3.7%, up from 3.3% in March. If that proves correct, it would mark the largest increase in the CPI since January 2024 and be well above the trailing 12-month average of 2.7%.

Analysts are worried that such a reading, especially against the backdrop of what President Donald Trump described as an “unbelievably weak” U.S.-Iran ceasefire and still-elevated oil prices, could trigger risk aversion, potentially weighing on asset prices.

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“Markets are entering a highly sensitive period where geopolitics, inflation risks and central bank expectations are colliding,” said Lukman Otunuga, head of market research at global trading broker FXTM. “The combination of elevated oil prices, uncertainty around the Iran conflict, and critical U.S. economic data could drive heightened volatility across commodities, currencies and global equities in the days ahead.”

Still, the reaction could also depend on the core CPI print, which excludes the volatile food and energy component. The core reading is forecast to have increased to 2.7% year-on-year from 2.6% in March.

It’s also possible that higher inflation is already priced in, which may be why the rally stalled in the first place.

Beyond inflation, another key development is XRP and Solana’s (SOL) proximity to major supply zones. XRP briefly tested $1.50 today, a price where breakouts have repeatedly proved short-lived since February. The same applies to SOL, which has once again approached resistance near $97.

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Institutional demand for these tokens is heating up. On Monday, the U.S.-listed spot XRP ETFs pulled in $25.8 million in investor funds, the most since Jan. 5. Bitcoin and solana ETFs also continued to attract money, while ether ETFs lost $16.9 million.

In traditional markets, WTI crude futures jumped over 3% and Nasdaq futures dropped over 0.7%, both pointing to risk aversion. Stay alert!

Read more: For analysis of today’s activity in altcoins and derivatives, see Crypto Markets Today . For a comprehensive list of events this week, see CoinDesk’s “Crypto Week Ahead.”

What’s trending

Today’s signal

XRP's daily chart in candlestick format. (TradingView)

The chart shows XRP’s daily price swings in candlestick format since January.

The cryptocurrency tested resistance at $1.50 early today and has since pulled back. Over the past three months, recovery rallies in the token have been cut short by persistent selling pressure above $1.50.

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A decisive break above that level could trigger a much stronger rally as more traders start buying in, adding momentum to the move higher.

Premarket data (CoinDesk)

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DTCC Integrates Chainlink for Tokenized Collateral Platform

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DTCC Integrates Chainlink for Tokenized Collateral Platform

The Depository Trust & Clearing Corporation (DTCC) will integrate Chainlink infrastructure into its collateral management platform ahead of a planned fourth-quarter 2026 launch as it aims to support near real-time movement, valuation and settlement of tokenized collateral across financial markets and blockchains.

DTCC said its Collateral AppChain platform is designed to serve as shared infrastructure for institutions including custodians, triparty agents and collateral managers. The blockchain oracle provider’s technology will automate processes including margining, collateral optimization and settlement.

Nasdaq said that its research found 52% of firms expect to manage live tokenized collateral by the end of 2026. Yet, 70% of the investment banks, custodians, prime brokers and asset managers survey report settlement matching and delivery issues daily, reflecting the reliance on manual processes that continue to challenge efficiency.

The integration is intended to connect collateral agreements with pricing, valuation and asset movement data across markets, with the goal of enabling 24/7 collateral management workflows and improving capital efficiency, in the fourth quarter of 2026, according to DTCC’s announcement.

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Chainlink is a decentralized oracle network that connects blockchains to real-world data, enabling smart contracts to function securely and accurately. DTCC currently custodies $114 trillion in liquid assets from stocks to exchange-traded funds.

Earlier this month, the company announced plans to pilot trading of tokenized securities in July ahead of a targeted October launch. The initiative involves more than 50 firms across traditional finance and digital assets, including BlackRock, Circle, Anchorage Digital and Fireblocks.

Source: Chainlink on X

Related: Veteran investor bets on Ethereum as AI agents drive tokenization demand

Biggest market infrastructure firms expand blockchain and tokenization efforts

DTCC’s rollout comes as some of the world’s biggest exchange and market infrastructure companies expand tokenized securities trading and settlement initiatives.

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In March, Intercontinental Exchange, the parent company of the New York Stock Exchange, signed an agreement with tokenization platform Securitize to develop infrastructure for tokenized securities trading and onchain settlement. The initiative includes plans for blockchain-based shares and exchange-traded funds designed to support 24/7 trading and instant settlement.

Days earlier, the US Securities and Exchange Commission approved Nasdaq’s proposal to pilot trading of tokenized stocks and exchange-traded funds alongside traditional securities on the same exchange infrastructure. The program will initially cover select Russell 1000 stocks and major index-tracking ETFs.

Also in March, Nasdaq partnered with crypto exchange Kraken and tokenization company Backed to develop infrastructure for blockchain-based equities trading.

Data from RWA.xyz shows tokenized stocks have grown from roughly $511 million in distributed onchain value a year ago to more than $1.4 billion today, an increase of about 180%.

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DTCC taps Chainlink for its tokenized collateral platform ahead of Q4 launch

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DTCC taps Chainlink for its tokenized collateral platform ahead of Q4 launch

The Depository Trust & Clearing Corporation (DTCC) will use Chainlink infrastructure for its blockchain-based collateral management platform, extending earlier work between the firms into one of Wall Street’s core risk-management functions.

The firm said its Collateral AppChain will use Chainlink’s Runtime Environment (CRE) and data standard to support pricing, valuation, margining, collateral optimization and settlement. The AppChain is a Besu-based blockchain platform facilitating tokenization of assets and real-time, 24/7 collateral management.

DTCC’s platform is aimed at reducing the delays and fragmentation in today’s collateral systems, where assets are often trapped across institutions and time zones. By tokenizing collateral and automating workflows through smart contracts, the system is designed to enable near real-time collateral movement across both traditional financial markets and blockchain networks.

“By leveraging tokenization and distributed ledger technology (DLT) to modernize collateral mobility, our goal is to enable 24/7, near real-time collateral management across global markets and blockchains,” said Nadine Chakar, DTCC managing director and global head of digital assets.

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Chainlink will provide the data and orchestration layer. Its technology will help connect asset prices, valuations and collateral movement, while supporting checks on eligibility, margining and settlement instructions. Chainlink is a decentralized oracle network that feeds blockchains with real-world data such as prices, weather, and APIs since blockchains cannot natively access external information on their own.

The platform runs within DTCC’s AppChain setup. DTCC unveiled the tokenized collateral platform last year, saying collateral mobility could become a key institutional use case for blockchain technology.

The Chainlink tie-up builds on Smart NAV, a 2024 pilot in which DTCC and Chainlink tested bringing mutual fund net asset value data onto blockchains.

JPMorgan, Franklin Templeton and BNY Mellon participated in the pilot, which focused on fund tokenization across multiple chains.

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DTCC has also been expanding tokenization work beyond collateral. The company said earlier this month that more than 50 firms had joined a working group for The Depository Trust Company’s tokenization service, with limited production trades planned for July and a launch planned for October.

DTCC’s subsidiaries processed $4.7 quadrillion in securities transactions in 2025. Its depository subsidiary provided custody and asset servicing for securities issues valued at $114 trillion.

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DTCC to deploy Chainlink-powered 24/7 collateral management network

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Crypto Breaking News

DTCC to bring Chainlink oracle technology into its Collateral AppChain marks a notable push toward real-time tokenized collateral across traditional markets and digital assets. The move targets a planned fourth-quarter 2026 rollout, with the goal of automating margining, collateral optimization and settlement by linking collateral agreements to live pricing, valuation and asset movement data across both conventional and crypto rails.

DTCC’s Collateral AppChain is pitched as shared infrastructure for custodians, triparty agents and collateral managers. By integrating Chainlink’s data feeds and decentralized oracle capabilities, the platform would support near-continuous collateral flows and enable 24/7 collateral management workflows, potentially tightening capital efficiency for institutions juggling tokenized securities and traditional assets.

Key takeaways

  • DTCC plans a Q4 2026 launch for a tokenized-collateral workflow that utilizes Chainlink oracles to connect collateral terms with pricing and settlement data.
  • Nasdaq research indicates 52% of firms expect to manage live tokenized collateral by end-2026, while 70% report daily settlement-matching and delivery issues, underscoring persistent inefficiencies in current processes.
  • Industry momentum extends beyond DTCC: Intercontinental Exchange is pursuing tokenized securities infrastructure with Securitize, and Nasdaq is advancing tokenized equities on-chain through pilots with Kraken and Backed.
  • Tokenized on-chain value for equities has surged, with RWA.xyz reporting on-chain tokenized stocks growing from about $511 million to $1.4 billion over the past year.
  • DTCC’s initiative comes as regulators and market infrastructure players increasingly align on 24/7 settlement and cross-asset tokenization, setting the stage for broader adoption of tokenized collateral in mainstream markets.

DTCC’s Chainlink integration: what changes and why it matters

The Depository Trust & Clearing Corporation’s Collateral AppChain project aims to provide a unified, cross-market backbone for collateral management. By embedding Chainlink’s oracle network, DTCC intends to automate critical data flows that currently rely on manual reconciliation and disparate systems. The envisioned workflow would tie collateral agreements to live valuations, asset movement data and cross-market pricing, enabling near real-time margining, collateral optimization and settlement decisions across asset classes and chains.

DTCC’s announcement frames the integration as a strategic move to remove bottlenecks that slow down collateral life cycles in a world where tokenized assets—ranging from tokenized securities to other on-chain representations—operate across both traditional and distributed-ledger ecosystems. The goal is to support continuous collateral management and reduce the capital tied up in risk management frictions, a topic that has grown more urgent as institutions experiment with tokenized securities and on-chain settlement concepts.

Broader momentum in tokenized collateral and securities infrastructure

The DTCC move sits within a wider wave of activity among market infrastructures pursuing tokenization and on-chain settlement. Earlier this year, Intercontinental Exchange—the parent company of the New York Stock Exchange—announced a collaboration with tokenization platform Securitize to build out infrastructure for tokenized securities trading and on-chain settlement. The plan envisions blockchain-based shares and exchange-traded funds capable of 24/7 trading and near-instant settlement for select assets.

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Kraken and tokenization specialist Backed to develop on-chain infrastructure for blockchain-based equities. These efforts reflect a broader industry trend toward interoperable post-trade processing, where on-chain asset representation and traditional settlement systems converge rather than compete.

Implications for investors, users and builders

The DTCC–Chainlink collaboration highlights a convergence point for the legacy infrastructure and the burgeoning tokenization ecosystem. For investors and asset managers, a functioning, 24/7 collateral regime could shorten settlement cycles, improve liquidity planning and reduce the capital that must be reserved for collateral buffers. In practice, near real-time margining and automated collateral optimization could meaningfully lower funding costs and help institutions scale tokenized portfolios without default or settlement risk rising unchecked.

hype phase.

What remains uncertain and what to watch next

Several questions linger as the timeline for Q4 2026 approaches. First, the practical rollout will depend on the ability to harmonize legal frameworks, data standards and security practices across a broad coalition of custodians, banks, asset managers and technology providers. While Chainlink’s oracle feeds promise trusted data, the operational risk of cross-chain settlement, latency considerations and potential interoperability gaps will require careful risk management and auditing.

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Overall, the convergence of DTCC’s collateral platform with Chainlink’s data integrity, alongside a broader surge of tokenization initiatives from ICE, Nasdaq and other market incumbents, points to a more integrated and dynamic post-trade landscape. For market participants, the era of tokenized collateral that can move, be valued and settle continuously across multiple rails may finally be within reach, subject to the usual governance, risk and regulatory guardrails that accompany any major shift in market infrastructure.

What to watch next: the precise milestones and governance models for the Collateral AppChain rollout, the outcomes of ongoing tokenized securities pilots, and how regulators respond as 24/7 settlement concepts gain traction across asset classes.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss

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Cipher Digital (CIFR) sinks premarket after revenue miss, bets big on hyperscale future

CleanSpark (CLSK) stock fell over 9.4% in pre-market trading on Tuesday after the U.S. bitcoin mining company reported a widening net loss of $378.3 million for its second fiscal quarter, hit by a significant non-cash adjustment to its digital asset holdings.

The company reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year. The loss of $1.52 per share was more than triple the analyst estimate on EPS of a 41 cents’ loss.

The firm’s bottom-hit was mainly driven by a $224.1 million non-cash bitcoin fair value loss, reflecting market volatility.

Quarterly revenue reached $136.4 million, down 25% from $181.7 million year-over-year, the report revealed, missing estimates of $154.3 million.

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Despite the dip, CleanSpark expanded its infrastructure, doubling its megawatts (MW) under contract. CEO Matt Schutz said the company is pivoting to commercializing “AI/HPC-applicable assets,” joining a sector-wide shift toward leasing their computing power as AI data centers.

CFO Gary Vecchiarelly cited the firm’s balance sheet as a “competitive advantage, reporting a bitcoin holdings increase of 14% to $925.2 million in respects to last year. Total cash is $260.3 million, while total assets now sit at $2.9 billion with a long-term debt of $1.8 billion.

The estimated average cost of mining one bitcoin was $88,000 in mid-March, according to a Checkonchain difficulty regression model report. The current price of bitcoin hovers just over $80,000, meaning bitcoin mining companies across the board are operating at a loss

These economics have forced bitcoin miners to pivot toward artificial intelligence and high-performance computing infrastructure. The bitcoin mining industry had taken on roughly $70 billion in such contracts by late March.

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Top Cardano (ADA) Price Predictions as of Late: 10x Explosion on the Way?

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Over the past week, Cardano’s ADA has surged 6%, making it one of the best-performing top-15 cryptocurrencies.

Numerous analysts have recently spotted that the asset has been following a similar pattern witnessed during previous bull cycles, suggesting this could be just the beginning of a major rally.

‘Printing by the Plan’

Earlier this month, ADA came close to reclaiming the $0.30 mark, reaching its highest level since mid-March. It currently trades around $0.27, while its market capitalization remains above $10 billion.

The asset is often among the most talked-about cryptocurrencies and becomes the subject of price predictions. One popular analyst who recently touched upon the matter is JAVON MARKS. The X user claimed that ADA continues to maintain a similar structure to that observed in 2021 and shows “signs of strength.”  They set a target of $2.91, meaning that the price could be gearing up for a whopping 10x pump.

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Prior to that, Sssebi opined that ADA had been consolidating over the past few months, as it did towards the end of 2024, which was later followed by a price increase above $1.30. That said, the analyst believes a surge above $1 is still in play this year.

For their part, Vuori Trading argued that ADA is still “printing by the plan” and sits in a “strong buy level.” The analyst envisioned a staggering jump to as high as $14, occurring sometime between Q3 2027 and Q1 2028.

Ali Martinez has also given his two cents lately. He emphasized the importance of the $0.25 support zone, noting that it has repeatedly acted as a major inflection point for the token.

For instance, in January 2023, ADA bounced off $0.25, resulting in an 88.27% jump over the following weeks. In September that year, this level again served as firm support, sparking a 243% surge.

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More Bullish Signals

ADA’s Relative Strength Index (RSI) also supports the bullish case for further price increases. The ratio of the technical analysis tool has plunged to 22, indicating the asset has entered oversold territory and could be gearing up for a move north.

ADA RSI
ADA RSI, Source: RSI Hunter

The RSI measures the speed and magnitude of recent price changes and provides traders with vital information about potential price reversal points. It runs from 0 to 100, and conversely, anything above 70 is interpreted as a warning for an impending pullback.

The post Top Cardano (ADA) Price Predictions as of Late: 10x Explosion on the Way? appeared first on CryptoPotato.

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Traders believe inflation could near 5% this year

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Traders believe inflation could near 5% this year

A customer shops for produce at an H-E-B grocery store on May 11, 2026 in Austin, Texas.

Brandon Bell | Getty Images

Prices in April rose at their fastest pace since May 2023. Traders on prediction market platforms think the peak in inflation isn’t here yet.

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While the headline annual inflation rate rose 3.8% last month, traders on Kalshi think it is near certain that price increases will rise above 4% in 2026, and give almost two-in-three odds that it goes above 4.5%.

Traders also see an almost 40% chance that inflation will cross 5% this year. That hasn’t happened since February 2023. 

That’s significantly higher than Wall Street projections. Economists polled by FactSet forecast that inflation will peak at an average of 3.8% in the current quarter, and fall to 2.8% by the end of the year.

Households, though, are more in-line with the prediction market forecast. A University of Michigan survey released Friday found that consumers see inflation of 4.5% over the next year. On Polymarket, traders believe there is a 50% chance that U.S. inflation rises above 4.5% in 2026. 

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Headline inflation jumped last month as energy prices soared due to the U.S.-Iran war and the closure of the Strait of Hormuz. But core inflation, which measures the change in prices excluding food and energy, also rose 0.4% in April and 2.8% year-over-year.

Food, materials, shelter, lodging

“The first order effect from the conflict in the Middle East [has] been a shock to oil prices, which [has] translated very quickly to what consumers are paying at the pump, but the next frontier to watch is rising input prices for food and materials,” said Skyler Weinand, chief investment officer at Regan Capital.

While the U.S.-Iran conflict drove energy prices higher, not all of the inflation story can be explained easily by the war. Notably, shelter prices rose 0.6% in April.

Traveling got more expensive too. Airfares jumped 2.8% in the month — as airlines passed through to consumers rising jet fuel prices — and lodging away from home rose 2.4%. Apparel was up 0.6%, albeit a smaller increase than in March. 

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But the energy shock is what’s driving headline inflation. So long as the strait, a passageway for 20% of the world’s crude oil before the war, remains closed, consumers are unlikely to see immediate relief. U.S. oil prices again crossed $100 a barrel on Tuesday. 

Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026.

Stringer | Reuters

In fact, a majority of Kalshi traders don’t think maritime traffic through the strait will return to normal until October.  

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The longer the strait is closed, the greater the risk to prices. Perhaps as a consequence, Kalshi traders now give a more than 50% chance that the Federal Reserve will raise interest rates by July 2027. 

“In the first quarter of disruption, the oil supply shock is largely about higher prices,” wrote Seth Carpenter, chief global economist at Morgan Stanley, in a note on Monday. “A second quarter of disruption with continued price escalation would start to diminish the ‘transitory’ nature of the shock… and central banks would have to pivot from delays to policy stance changes.”

CNBC’s Liz Napolitano contributed reporting

Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.

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SUI drops 4.9%, leading index lower

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9am CoinDesk 20 Update for 2026-05-12: vertical

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2196.49, down 1.6% (-36.49) since 4 p.m. ET on Monday.

Three of 20 assets are trading higher.

9am CoinDesk 20 Update for 2026-05-12: vertical

Leaders: CRO (+1.9%) and BNB (+0.2%).

Laggards: SUI (-4.9%) and TAO (-4.4%).

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The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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Bitcoin Clings To $80K As Altcoins Drag Market Lower

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Bitcoin Clings To $80K As Altcoins Drag Market Lower


Solana, Cardano and Hyperliquid led the day’s losses as risk appetite cooled across digital assets.

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