SEC Commissioner Hester Peirce has drawn attention to prediction markets after discussing their growth during a May 8 speech. 

She said commercial prediction markets have “taken off” and show “no sign of slowing down.”

Her remarks did not announce a final SEC rule for prediction markets. Still, they added to debate over how event-based products, tokenized markets, and possible prediction market ETFs may fit within U.S. securities rules.

SEC signals softer crypto approach

Crypto.news recently reported that the SEC’s messaging has shifted under Chair Paul Atkins, with Peirce and Mark Uyeda calling for clearer rules and a more open stance toward innovation. Peirce said the U.S. should be a place where people want to build in crypto and other markets.

The SEC’s Crypto Task Force also says it aims to draw clearer lines for crypto assets, build tailored disclosure rules, and create realistic paths to registration. Peirce leads that task force, according to the SEC.

Prediction market ETFs add pressure

Crypto.news has also noted that Bitwise filed for exchange-traded funds tied to political prediction markets under the PredictionShares brand. That filing placed event-based market exposure closer to traditional investor products.

Such products may face close checks around disclosures, market rules, settlement, and event resolution. “Prediction market ETFs may launch soon” remains a claim to treat with caution because approval still depends on regulators and final product reviews.

A future framework may focus on clear disclosures, listing standards, manipulation controls, and dispute rules. Prediction markets also rely on trusted event settlement, which can create risks if results are unclear or challenged.

South Korean investors cut their crypto holdings by more than half over the past year as capital moved toward the stock market. 

Bank of Korea data submitted to Rep. Cha Gyu-geun showed holdings fell from 121.8 trillion won, or $83.3 billion, at the end of January 2025 to 60.6 trillion won, or $41.4 billion, by the end of February 2026.

Daily trading volume also dropped across Upbit, Bithumb, Korbit, Coinone, and Gopax. The figure fell to about $3 billion in February from $11.6 billion in December 2024, showing lower activity among retail traders.

Investors move toward stocks

The decline came as Korean investors turned toward equities during a strong stock market run. Lower crypto prices also reduced the value of assets held on local exchanges.

Won deposits at exchanges also fell. The balance dropped from 10.7 trillion won at the end of 2024 to 7.8 trillion won, pointing to weaker cash demand for crypto trading.

Moreover, stablecoins moved differently from the broader crypto market. Holdings rose from $60 million in July 2024 to $597 million in December, before falling back to $41 million in February.

As previously reported, stablecoins made up nearly half of South Korea’s crypto outflows in Q1 2025, as users moved funds to overseas exchanges. That trend shows why regulators are watching cross-border crypto flows closely.

Rules add pressure on exchanges

South Korea is also preparing tougher AML rules. Transactions above 10 million won involving overseas exchanges or private wallets could be flagged as suspicious from August.

Crypto.news also reported that Samsung SDS will build the Korea Securities Depository’s token securities platform before South Korea’s new tokenized securities framework takes effect in February 2027. That shows the country is tightening crypto oversight while building regulated blockchain market infrastructure.

TLDR:

• Nvidia has crossed $40 billion in investment commitments in 2026, targeting firms across the AI supply chain.
  
• A $30 billion bet on OpenAI stands as Nvidia’s single largest investment, deepening a decade-long partnership.
  
• Deals with Corning and IREN tie optical manufacturing and data center capacity directly to Nvidia’s hardware ecosystem.
  
• Analysts warn that neocloud investments may be pre-funding GPU purchases, raising questions about organic AI demand.

Nvidia has surpassed $40 billion in investment commitments in 2026, backing companies across the AI infrastructure stack.

The chipmaker recently agreed to invest up to $3.2 billion in glass maker Corning and $2.1 billion in data center operator IREN.

These deals reflect a broader strategy of financing the AI supply chain while securing commercial partnerships. Analysts see both promise and risk in Nvidia’s growing investment portfolio.

Nvidia Funds AI Infrastructure From Chips to Data Centers

Nvidia’s 2026 dealmaking pace has far outrun previous years. The company has signed at least seven multibillion-dollar deals with publicly traded firms this year.

Additionally, it has participated in roughly two dozen private company investment rounds, according to FactSet.

The IREN deal includes an agreement for the data center company to deploy up to 5 gigawatts of Nvidia’s DSX-branded infrastructure.

These facilities will power AI workloads at locations across the globe. The arrangement ties IREN’s expansion directly to Nvidia’s hardware ecosystem.

The Corning investment comes with a manufacturing commitment as well. Corning will build three new U.S. facilities dedicated to optical technologies for Nvidia. The chipmaker is shifting toward fiber-optic cables instead of copper as it develops rack-scale systems.

Earlier in 2026, Nvidia put $2 billion each into Marvell Technology, Lumentum, and Coherent. All three companies are developing silicon photonics and optical networking technologies.

Mizuho analyst Jordan Klein called these component deals “super smart by the CFO and team and a great use of cash,” adding that they help accelerate critical technologies currently in short supply.

OpenAI Remains Nvidia’s Largest Single Bet

Nvidia’s biggest individual investment this year was a $30 billion commitment to OpenAI. The two companies have worked together for over a decade, with ties deepening since the launch of ChatGPT in 2022. CEO Jensen Huang described the relationship as a long-standing strategic partnership.

During an April podcast appearance, Huang explained Nvidia’s approach to backing AI companies. “There are so many great, amazing foundation model companies, and we try to invest in all of them,” he said.

“We don’t pick winners. We need to support everyone.” Nvidia also joined funding rounds for Anthropic and Elon Musk’s xAI before its merger with SpaceX in February.

Wedbush Securities analyst Matthew Bryson noted that Nvidia’s investments fit “squarely into the circular investment theme” driving market durability concerns. However, he also sees the deals building a competitive moat if Nvidia executes well.

Klein, on the other hand, was more direct about neocloud investments, saying, “It smells like you are pre-funding the purchase of your own GPUs and products.”

Ben Bajarin at Creative Strategies flagged a longer-term concern regarding demand sustainability. “The risk is that if the cycle turns, the market starts questioning how much of the demand was organic versus supported by Nvidia’s own balance sheet,” he told CNBC.

Meanwhile, on Nvidia’s last earnings call, Huang stated, “Our investments are focused very squarely, strategically on expanding and deepening our ecosystem reach.” Nvidia’s non-marketable equity securities grew to $22.25 billion by January 2026, up sharply from $3.39 billion a year earlier.

Bitcoin (BTC) may head into next week’s US inflation report with less support than it had during the last two CPI releases, raising the risk of a pullback toward $70,000.

Key takeaways:

• Cleveland Federal Reserve nowcast projects April headline CPI to rise to 3.56% year over year.
• BTC’s rising wedge pattern could trigger a decline toward $70,000

Fed estimates 0.26% rise in headline inflation

The Cleveland Fed’s latest inflation nowcast estimates April CPI at 3.56% year over year, up from 3.3% in March.

Year-over-year inflation expectations for April and May. Source: Cleveland Fed

It expects monthly CPI at 0.45%, down from 0.9%, while core CPI is projected at 2.56% year over year and 0.21% month over month, compared with 2.6% and 0.2% previously. The official April CPI report is due on May 12.

That keeps the inflation picture mixed. Headline CPI is expected to reaccelerate, even if the monthly pace slows and core inflation stays mostly stable.

For risk assets, that is not an ideal setup. A firmer annual CPI reading can still reinforce the view that the Fed has little room to cut rates quickly, which tends to pressure speculative trades such as Bitcoin.

Target rate probabilities for the December Fed meeting. Source: CME

Nonetheless, Bitcoin has avoided deeper declines despite the recent hot CPI prints.

For instance, BTC price rallied by over 15% after the March CPI report showed headline inflation rising to 3.3% from 2.4% in February.

One reason is that institutional buyers absorbed more than 500% of the newly mined Bitcoin supply, with Strategy accounting for a large share of that buying.

BTC/USD daily chart vs. institutional buying market cap. Source: Capriole Investments

That support looks weaker now. Strategy has paused its BTC purchases, while its STRC preferred stock continues to trade below its $100 par value.

When STRC trades below par, issuing new shares becomes less efficient, limiting Strategy’s ability to raise fresh capital for more Bitcoin buys.

Strategy’s weekly Bitcoin buying estimates. Source: STRC.LIVE

That weakening support may leave Bitcoin more exposed to a different CPI reaction pattern this time.

In a Sunday post, analyst Killa said larger players may start de-risking around the inflation release, pointing to a similar pattern of caution around CPI events in 2025.

BTC/USD performance after CPI releases. Source: TradingView/Killa

“Key level to hold is the 78.6K weekly open, if lost, 74–75K is the next downside target,” he said, adding:

“I would watch for liquidity sweeps around this pivot to signal the next move.”

BTC wedge hints at deeper decline toward $70,000

From a technical standpoint, Bitcoin is printing a classic rising wedge pattern on its daily charts.

A rising wedge is considered a bearish reversal setup that typically resolves when the price breaks below its lower trend line and falls by as much as the structure’s maximum height.

BTC/USD daily chart. Source: TradingView

As of Sunday, BTC was rising toward the wedge’s apex point, where its two trendlines converge, at around $84,000. A breakdown from that level may result in a decline toward the wedge’s measured downside target near $70,000.

Related: Bitcoin profit-taking may ‘accelerate’ as price hits 3-month high: Analyst

Conversely, a break above the apex point, which also coincides with the 200-day exponential moving average (200-day EMA, the blue line), may invalidate the bearish setup altogether.

In that scenario, the next potential upside target sits in the $90,000–$95,000 range.

Exchange tokens remain one of crypto’s most powerful categories because they are tied directly to trading activity, liquidity and platform demand.

That keeps BNB, CRO and OKB firmly on investor watchlists for 2026. Each is linked to a major exchange ecosystem with established users and strong market recognition. But BlockchainFX is now entering the same conversation from an earlier stage, with less than $500,000 left to raise before launch and public exchange trading still ahead. For investors searching for the best crypto exchange tokens 2026, the key question is whether BFX can capture the same platform-token upside before the wider market has a chance to price it in. 

Read on to see why BlockchainFX is being watched alongside the biggest exchange-linked tokens in crypto.

1. BlockchainFX Crypto Presale Targets the Exchange Token Market Before Launch

• A live beta trading platform already being tested
• Audits from CertiK, Coinsult and SolidProof
• A fully licensed trading system
• Major centralized exchange listings planned after launch
• A current presale price below the planned launch price
• The CEX60 bonus code, giving buyers 60% extra BFX tokens

BlockchainFX is not trying to become another narrow exchange token attached to one trading venue. The project is building a crypto-native trading super app designed to bring crypto and traditional markets together in one interface. According to the BlockchainFX whitepaper, the platform will support more than 500 assets, including crypto, forex, stocks, ETFs, futures, options and bonds.

The token model is also central to the appeal. BFX holders can earn daily staking rewards in BFX and USDT from up to 70% of platform trading fees. That makes BFX one of the more interesting new platform-token candidates for 2026 because it links holder rewards to trading activity rather than relying only on speculative demand.

For investors who watched BNB, CRO and OKB grow from exchange utility into major market assets, BlockchainFX offers a familiar concept at a much earlier stage. The presale is almost finished, the launch catalyst is close, and the token has not yet reached public exchanges.

2. BNB Remains the Benchmark for Crypto Exchange Tokens

BNB remains the clearest example of how powerful an exchange-linked token can become when it sits inside a major trading ecosystem. It is connected to Binance, one of the largest crypto brands in the world, and continues to play a role across trading, fees, BNB Chain activity and broader ecosystem participation.

BNB is currently trading around $646, with an intraday range between $628.25 and $662.13, keeping it firmly among the most liquid and closely watched exchange tokens in the market.

3. CRO Keeps Crypto.com’s Ecosystem in the Exchange Token Race

CRO remains one of the better-known exchange-linked assets because of its connection to Crypto.com and the Cronos ecosystem. It has exposure to exchange activity, app usage, DeFi development and broader Crypto.com brand expansion.

CRO is currently trading around $0.0708, with an intraday range between $0.0692 and $0.0721. CoinMarketCap data also places Cronos inside the top tier of crypto assets by market capitalization, with CRO recently ranked around #31 and showing a live market cap above $3 billion.

4. OKB Holds Strong Through OKX Platform Demand

OKB is another major exchange token to watch because of its connection to OKX, one of the largest global crypto trading platforms. Its utility is tied to the OKX ecosystem, and the token continues to benefit from the exchange’s expansion across spot, derivatives and trading products.

OKB is currently trading around $86.94, with an intraday range between $85.51 and $89.50. CoinMarketCap data shows OKB recently ranked around #42, with a live market cap above $1.8 billion and a circulating supply of 21 million OKB.

Why BlockchainFX Could Be the Fresh Exchange Token Story of 2026

The exchange-token market has already shown what can happen when a platform token captures trading demand. BNB became one of the biggest assets in crypto by sitting close to exchange activity. CRO built recognition through Crypto.com’s consumer reach. OKB gained relevance through OKX’s global trading ecosystem.

BlockchainFX is aiming at that same category, but with a more modern structure. Instead of limiting itself to crypto-only trading, the platform is targeting a multi-asset market where users can trade crypto, stocks, forex, ETFs, commodities and more from one interface. That expands the potential fee base and gives BFX a wider story than a traditional exchange token.

For investors, the question is not whether BNB, CRO and OKB are important. They already are. The more interesting question is whether BlockchainFX can become the next platform-token story before the wider market prices it in.

Crypto Exchange Token Watchlist for 2026

1. BlockchainFX is the pre-launch contender, with a final presale window, planned exchange listings and trading fee rewards at the center of the token model.
2. BNB remains the blue-chip exchange token, backed by Binance’s scale, liquidity and ecosystem reach.
3. CRO continues to offer exposure to Crypto.com, Cronos and the consumer-facing exchange-token market.
4. OKB remains a major OKX-linked token with scarcity, platform utility and strong exchange-sector relevance.

Best Crypto Exchange Tokens 2026

The next phase of exchange-token investing may not only be about which platform has the biggest exchange brand. It may also be about which token is most closely connected to user activity, fees, rewards and future market access.

That is where BlockchainFX is building its strongest case. BFX is still pre-launch, but the presale is almost gone. The project already has a working platform, audits, licensing, planned major CEX listings and a reward model tied to trading fees. With that all in mind, it is clear that BFX is the new name to watch closely before the final presale allocation closes.

Find Out More Information Here:

Website: https://blockchainfx.io
X: https://x.com/BlockchainFXcom

Telegram Chat: https://t.me/blockchainfx_chat 

The value of cryptocurrency held by South Korean investors more than halved over the past year, falling from 121.8 trillion won ($83.3 billion) at the end of January 2025 to 60.6 trillion won ($41.4 billion) by the end of February 2026.

Daily trading volumes across the country’s five major exchanges, including Upbit, Bithumb, Korbit, Coinone and Gopax, also took a hit, collapsing to $3 billion by February compared to $11.6 billion in December 2024, Korean outlet The Chosun Daily reported, citing data the Bank of Korea submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party.

Won deposits held at exchanges, a proxy for investor dry powder, also fell from 10.7 trillion won at end-2024 to 7.8 trillion won. The drop is attributed to a combination of falling crypto prices and capital flowing into the stock market.

Stablecoins bucked the trend. Holdings climbed from $60 million in July 2024 to a peak of $597 million in December before easing to $41 million in February, a far smaller decline than the broader crypto market.

Related: South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud

Tighter AML rules threaten to push investors away

The market contraction comes as regulators prepare to tighten oversight. Financial authorities plan to implement revised AML rules in August that would require crypto transactions above 10 million won involving overseas exchanges or private wallets to be automatically flagged as suspicious.

Top Korean exchanges by volume. Source: CoinGecko

Industry body DAXA has pushed back, arguing the rule is disproportionate and could drive users to offshore platforms like Binance. The industry body said the proposal could increase suspicious transaction reports from South Korea’s five largest exchanges by 85 times, from about 63,000 cases last year to over 5.4 million, making compliance difficult in practice.

Debate over the government’s planned 22% crypto tax, set for 2027, is also intensifying. On Thursday, South Korea’s Finance Ministry confirmed for the first time that a 22% tax on crypto gains will take effect as scheduled on January 1, 2027.

Related: Bithumb wins temporary court stay on South Korea suspension: Report

Samsung SDS to build South Korea’s blockchain securities platform

As Cointelegraph reported, Samsung SDS has won a contract to build and operate a blockchain-based securities platform for South Korea’s Korea Securities Depository (KSD), with the project expected to be completed by February 2027.

The move comes ahead of South Korea’s broader push to build market infrastructure for tokenized assets ahead of a new legal framework taking effect in early 2027.

Magazine: AI-driven hacks could kill DeFi — unless projects act now

Key Highlights

• Shares of Penguin Solutions (PENG) climbed approximately 13.47% following news of a strategic collaboration with AMD and Shell targeting AI data center optimization.
• Management doubled its fiscal year 2026 revenue growth projection from 6% to 12%, citing robust memory segment performance.
• Second quarter FY2026 revenues reached $343M, marginally exceeding analyst expectations of $340.2M.
• Technical indicators showed a bullish “golden cross” pattern while trading volumes spiked significantly.
• Senior Vice President Clark Joseph Gates offloaded $173,750 in shares on May 5 through a predetermined trading arrangement.

Shares of Penguin Solutions (PENG) advanced 13.47% on May 10, closing at $44.23, after the technology firm unveiled a collaborative venture with AMD and Shell designed to enhance AI-powered data center efficiency. After-hours activity pushed the stock to $46.50.

Penguin Solutions, Inc., PENG

The surge followed a respectable second quarter fiscal 2026 earnings release. Revenues totaled $343.0 million, narrowly surpassing Wall Street’s $340.2 million projection.

While revenues declined 6% compared to the prior year period, investors appeared unfazed. The company’s decision to double its annual revenue growth forecast from 6% to 12% captured market attention.

This upgraded outlook stems primarily from robust performance in PENG’s memory division. Management is positioning the enterprise as a critical infrastructure provider for what executives describe as “AI factory” deployments and inference-oriented artificial intelligence applications.

Stifel affirmed its Buy recommendation following the earnings announcement, while reducing its target price to $24 from $27, citing supply chain limitations as a short-term obstacle.

Citizens maintained its Market Outperform stance and elevated its price objective to $35 after discussions with Penguin’s executive leadership. The firm views the company’s strategic emphasis on enterprise AI capabilities as a catalyst for sustained expansion.

However, sentiment wasn’t uniformly positive. Barclays shifted its rating to Equalweight from Overweight, despite increasing its target to $27 from $23. Analysts there expressed concern about slower-than-anticipated momentum in the Advanced Computing division, attributed to shifting AI investment patterns from enterprise to cloud environments.

Chart Patterns Attract Technical Traders

Beyond the operational developments, technical analysis revealed compelling signals. PENG formed a “golden cross” configuration — occurring when the 50-day moving average surpasses the 200-day — a pattern that typically attracts momentum-oriented investors.

Trading volume substantially exceeded typical levels, indicating this wasn’t merely a routine price fluctuation. Year-to-date, the stock has appreciated 126% and was already approaching its 52-week peak of $39.66 before today’s advancement.

The rally also raises valuation questions. Prior to the jump, shares commanded a P/E multiple of 55, with InvestingPro characterizing the stock as expensive compared to its Fair Value assessment.

Executive Stock Transaction Precedes Rally

On May 5 — mere days before the substantial price increase — Senior Vice President Clark Joseph Gates divested 5,000 shares at $34.75 each, generating proceeds of $173,750. The transaction was documented through an SEC Form 4 submission.

The divestiture occurred pursuant to a Rule 10b5-1 trading arrangement established in November 2025, indicating it was predetermined rather than responsive to material developments.

Following this transaction, Gates maintains ownership of 81,776 shares.

The stock has now appreciated approximately 122% over the trailing twelve months. Notably, Citizens’ upgraded $35 price target already sits below PENG’s current trading level following today’s movement.