An in-cell touch panel and a display device are provided, and the in-cell touch panel includes: an upper substrate and a lower substrate arranged oppositely to each other; a plurality of self-capacitance electrodes arranged in a same layer and insulated from each other at a side, facing the lower substrate, of the upper substrate or a side, facing the upper substrate, of the lower substrate; a shielding electrode provided at a side, facing the lower substrate, of each of the self-capacitance electrodes, which is insulated from the shielding electrode; and an insulating layer arranged between each of the self-capacitance electrodes and the shielding electrode. Such an in-cell touch panel may isolate the touch detection signals applied to the self-capacitance electrodes from the display signals, so as to avoid mutual interference therebetween.