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MEXC Integrates USD1 into Full-Spectrum Infrastructure for Global Users

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MEXC, one of the world’s fastest-growing digital asset exchanges and a pioneer in zero-fee trading, has announced a series of initiatives to integrate and expand the use of USD1, a US dollar stablecoin, across its ecosystem. By incorporating USD1 into its trading infrastructure and product suite, MEXC aims to broaden its use cases across the platform, including trading support, product integration, and wider ecosystem participation, while providing global users with more diverse and resilient stablecoin options.

USD1 is a stablecoin redeemable on a 1:1 basis for U.S. dollars. Each USD1 is 100% backed by a reserve consisting of short-term U.S. government Treasuries, U.S. dollar deposits, and other cash equivalents. These reserve assets are held or maintained by BitGo Trust Company, Inc. and/or its affiliates. USD1 is issued by BitGo, while World Liberty Financial provides branding and certain operational support.

MEXC remains committed to offering a broad range of high-quality assets. Through this integration, MEXC will leverage its established product suite to expand the utility of USD1 across its ecosystem:

  • Deep Product Integration: MEXC plans to gradually integrate USD1 across its product offerings, including Launchpool, Savings, and Futures collateral, subject to platform availability. Through these integrations, USD1 may be used as payment and settlement asset within the ecosystem, broadening its utility across the platform.
  • Liquidity and Zero-Fee Support: MEXC will introduce additional USD1 trading pairs and launch associated zero-fee promotions. Leveraging the platform’s deep liquidity and industry-leading low-fee structure, MEXC provides global users with a more convenient and cost-effective channel for USD1 interaction.
  • Ecosystem Activity Empowerment: To enhance user awareness and experience with the stability of USD1, MEXC will launch a series of ecosystem incentive programs. Through various interactive mechanisms, these initiatives aim to lower the barrier to entry and accelerate the adoption of USD1 in real-world trading scenarios.

Vugar, Chief Operating Officer of MEXC, stated: “USD1 strengthens our mission to make high-quality assets more accessible, efficient, and usable at scale. Stablecoins are only as powerful as their distribution. By integrating USD1 into the MEXC ecosystem, we are expanding compliant stablecoin choice while enhancing trading and capital allocation tools. With over 40 million users and a strong zero-fee conviction, MEXC delivers immediate scale, deep liquidity, and real utility for USD1, accelerating its adoption across global markets.”

As USD1 trading pairs and related features go live, MEXC will continue to explore practical use cases that bring added value to users across the platform. More details on upcoming initiatives will be shared in the coming weeks.

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About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X TelegramHow to Sign Up on MEXC

The post MEXC Integrates USD1 into Full-Spectrum Infrastructure for Global Users appeared first on BeInCrypto.

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Cartesi price jumps over 100% as it hits Stage 2 security status, can it go higher?

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Cartesi price has broken out of a descending parallel channel pattern on the daily chart.

Cartesi token soared over 100% to a 3-month high of $0.049 on Friday. Will the Layer 2 token edge higher over the coming sessions, or will it succumb to profit-taking?

Summary

  • Cartesi price surged over 100% to a three-month high amid a sharp rise in trading volume and a short squeeze.
  • The rally was driven by progress toward L2BEAT Stage 2 status and growing developer activity around Cartesi Machine deployments.
  • Technical indicators show overbought conditions and profit-taking signals, with CTSI price at risk of a pullback toward $0.030 support.

According to data from crypto.news, Cartesi (CTSI) price rallied nearly 110% to $0.049 on Friday, reaching its highest level since November 2022.

The rally came in a high-volume trading environment. In the past 24 hours,  the daily trading volume of Cartesi rose 1,260%, suggesting a sharp rise in demand from traders that likely buoyed the token toward its highs today.

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There are three main reasons why Cartesi price broke out today.

First, Cartesi’s Permissionless Refereed Tournament fraud-proof system is reportedly nearing the Stage 2 classification by L2BEAT. This milestone would rank it among the most secure and decentralized Layer 2 scaling solutions, setting it apart from competitors that still rely on permissioned validators.

Second, the project’s recent initiative to ship high-throughput applications reached critical implementation deadlines in April. Tangible developer interest in the Cartesi Machine, which allows decentralized apps to run on Linux, is finally translating from theoretical potential into live deployments.

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Third, after months of trading in a narrow range of $0.02 to $0.025, the sudden break above long-term resistance triggered a volatility spike. This caused a short squeeze, forcing bearish traders to buy back their positions and further fueling the massive gains seen today.

On the daily chart, Cartesi price has broken out of a multi-month descending parallel channel pattern, a sign that bulls have finally gained control of the market. It has already attained the target level from the breakout, suggesting there could be some selloff on the horizon.

Cartesi price has broken out of a descending parallel channel pattern on the daily chart.
Cartesi price has broken out of a descending parallel channel pattern on the daily chart — April 3 | Source: crypto.news

Such selloff risks also come as the relative strength index has crossed the overbought threshold. Crypto rallies often face some pullback when this metric hits an overbought state.

Additionally, the Chaikin Money Flow index showed a negative reading, a sign that investors have started to rotate capital or take profits at these higher levels.

Hence, the Cartesi token could likely retest its immediate support of $0.030 before its next leg higher.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Cathie Wood Sees No More 85% Bitcoin Price Drawdowns Versus All-Time Highs

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Cathie Wood Sees No More 85% Bitcoin Price Drawdowns Versus All-Time Highs

Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood.

Key points:

  • Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues.

  • A new prediction sees $34,000 becoming the next BTC price bottom.

  • Bitcoin bear-market seasonality hints that a reversal could come this month.

Wood on BTC price: No more 85% “collapses”

In an interview with CNBC’s Squawk Box segment on April 1, Wood stayed calm about double-digit BTC price losses.

“Believe it or not, in the Bitcoin community, down 50% — if that’s as far as it goes — they’ll consider that a real victory,” she said.

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“Because you’re right; the 85-95% collapses associated with a very new technology — that’s done. This is a proven technology, it’s a proven monetary system and it’s a new asset class.”

Wood, a longtime Bitcoin bull, was speaking as Bitcoin circled its old $69,000 all-time highs from 2021.

Those preceded a year-long bear market in which BTC/USD lost nearly 80% before bottoming at $15,600. That marked the latest such correction, with bear markets typically bringing losses around the 80% mark.

Data from onchain analytics platform Glassnode shows that the current bear market has yet to match historical patterns with maximum downside versus Bitcoin’s $126,200 record from October 2025 at 52%.

BTC price drawdowns from all-time highs. Source: Glassnode

Responding to Wood, analyst Tony Severino predicted that 2026 would bring a price bottom equal to a 72% drawdown.

“Correct, -72% max drawdown next =$34,000,” he wrote on X.

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That figure exceeds commonly held predictions by traders for where Bitcoin’s next generational floor will be. As Cointelegraph reported, consensus favors the area between $40,000 and $50,000.

This week, however, Bloomberg Intelligence analyst Mike McGlone warned that price may already be trending toward seven-year lows

Bitcoin historically rebounds in April

Continuing the bear-market comparison, data from network economist Timothy Peterson revealed that April could mark some form of inflection point for price.

Related: Bitcoin risks new lows as US dollar targets highest level since April 2025

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A chart uploaded to X this week shows April typically being a recovery month during bearish phases. 

Bitcoin bear-market price comparison. Source: Timothy Peterson/X

The March monthly close, meanwhile, ended a five-month losing streak for BTC/USD with modest gains of 1.8%.