Crypto World
Bernstein Sees Upside from Loan Growth, Tokenization
Figure Technology Solutions, a blockchain-based lending platform that went public last year, may be undervalued at current levels as loan originations accelerate and its tokenized credit marketplace scales, according to Bernstein analysts.
In a report published Monday, Bernstein assigned Figure an “Outperform” rating and a $67 price target — nearly double the stock’s recent trading level of around $32.
The bullish call follows a surge in lending activity. Figure originated $1.2 billion in loans in March, up 33% from the previous month and marking the first time monthly volumes exceeded $1 billion.
The company primarily originates home equity lines of credit (HELOCs), which allow homeowners to borrow against their equity in the property, typically at lower interest rates than unsecured loans.
It uses the Provence blockchain to reduce friction in the loan process which it claims makes it more efficient than traditional lenders. According to Provenance, Figure is able to shave 117 basis points per loan by transacting on the blockchain.
First-quarter originations reached $2.9 billion, more than doubling from a year earlier and defying the usual seasonal slowdown in HELOC demand. The figure is now tracking roughly $12 billion in annualized loan volume.
Figure’s strong start to the year follows a largely positive fourth quarter, where earnings and revenue increased, though profits fell short of expectations.
Related: CoinShares stock makes US debut on Nasdaq following SPAC merger
Figure stock struggles despite strong fundamentals
Despite improving operating performance, Figure shares have fallen more than 20% this year, reflecting broader volatility across digital asset–linked stocks and sector-specific pressures.
The stock has also struggled to regain momentum following its high-profile Nasdaq market debut last September. That closely watched initial public offering valued the company at nearly $800 million.
Still, Bernstein’s analysis valued the company at roughly 25 times its projected 2027 EBITDA — meaning the stock trades at a multiple of its expected earnings before interest, taxes, depreciation and amortization.
This valuation sits above existing digital asset companies, reflecting what analysts describe as Figure’s “structural prospects” as both a tokenization platform and a profitable lending business.
However, risks remain. According to Bernstein, HELOC demand can be sensitive to mortgage refinancing trends, while the broader private credit market — a key pillar of Figure’s growth strategy — has shown signs of increasing pressure.
Related: Crypto Biz: Bitcoin treasuries break ranks as BTC dips below $70K
Zcash price shot up 25% on Wednesday, extending its monthly gains to over 60% as it continues to draw investor interest.
Summary
- Zcash climbed to $330, marking a 25% daily gain and extending its monthly rally to over 60%.
- Shielded pool holdings reached a record $5.18 billion, accounting for over 31% of circulating supply.
- A breakout from a descending triangle and bullish indicators signal potential upside toward $400.
According to data from crypto.news, Zcash (ZEC) price rose to a three-month high of $330 on Wednesday, marking gains of around 62% over the past month.
Zcash price rallied as its shielded pools continue to draw more capital from investors. Data from the Zcash dashboard show that the total amount of ZEC tokens held in shielded pools hit an all-time high of $5.18 billion on April 8. At this point, the figure translates to 31.14% of the total circulating supply.
More ZEC tokens being moved into shielded pools means a larger base of ZEC holders is using the protocol’s core privacy features. This suggests investors are increasingly eyeing Zcash as a privacy sanctuary, especially as jurisdictions around the world tighten their regulatory grip on digital asset surveillance.
The privacy token has also benefited from the broader crypto market recovery fueled by reports of a ceasefire between the U.S. and Iran.
Investors flocked back to the market as Zcash became a standout recovery play, having been one of the primary underperformers leading into April 2026.
On the daily chart, Zcash price has broken out from the upper trendline of a descending triangle pattern that has formed since December 2025. A breakout from such a bearish pattern suggests that bulls have managed to finally reclaim control over the market and are likely steering it into a new bullish phase.
The Supertrend indicator has turned green, a sign that the prevailing trend has shifted in favor of the buyers. Also, the MACD lines have moved past the zero line and are trending upwards, which means buying momentum significantly outweighs the selling pressure. This often occurs as a cooling period before a token’s next leg higher.
At the time of writing, Zcash price was testing the 38.2% Fibonacci retracement level at $332. Above this, the 50% retracement level at $375 lies as the next key resistance level. A breakout from these levels back-to-back could fling ZEC price above the $400 psychological resistance level.
On the contrary, if Zcash price falls below the $278 support level, it could slip back towards the $190 region where it has consolidated in past sessions.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Retail investors turned into stock sellers in March. Yet, a seasonal pattern and fresh ceasefire developments could shift momentum back toward risk assets in April.
Data cited by Global Markets Investor showed total retail purchases were nearly 50% lower than the record levels seen in January. On a weekly basis, retail inflows fell to $5.0 billion, below the 12-month average of $6.9 billion.
Retail Selling Spreads Across Stock Market Sectors
The pullback was particularly evident in single stocks, where retail investors turned net sellers, offloading roughly $1.6 billion.
Energy stocks bore the brunt of the selling pressure, logging their largest weekly outflows on record. The decline was led by heavyweight names including ExxonMobil, Chevron, and Occidental Petroleum.
Memory stocks also faced sustained selling. Micron and Sandisk emerged as the most offloaded names over the past week. This came amid rising concerns that advances in AI-driven data compression could dampen future demand for memory products.
“Excluding Magnificent 7, mom-and-pop investors were sellers across every sector except Staples, with Tech positioning at its most NEGATIVE level in 6 months,” the post added. “Retail investors are increasingly selling into every bounce.”
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April Seasonality and a Geopolitical Wildcard
Despite the pessimism, history favors a reversal. Over the past 25 years, the MSCI World Index has returned +2.0% on average in April, the strongest month of the year, with positive returns 75% of the time.
“This has been particularly driven by US stocks, which have a ~70% weight in the index. Meanwhile, the S&P 500 has gained +1.3% on average in April since 1928, the 2nd-best month of the year after July. This is also double the overall monthly average return of +0.7%. Seasonality favors the bulls this month,” The Kobeissi Letter highlighted.
A geopolitical catalyst has added further momentum. Fresh ceasefire news is already moving markets. Gold and equities in the US and Asia are rallying, while oil is dropping on de-escalation hopes. Bitcoin (BTC) also rallied past $71,000 today as risk appetite returned on ceasefire reports.
The combination of extreme retail bearishness and strong seasonal tailwinds creates a setup where any sustained de-escalation may trigger a sharp reversal in sentiment heading into Q2.
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The post Retail Stock Buying Drops 50% From January Highs as Sellers Take Over appeared first on BeInCrypto.
Bitcoin (BTC) staged a relief rally during Monday’s New York session, climbing to the mid-70,000s as oil prices retreated below $100 per barrel in the wake of a two-week ceasefire between the United States and Iran. BTC briefly touched about $72,760, rebounding from a dip that had stretched across the prior weeks, and traders cautioned that the momentum would need a decisive extension beyond key resistance to confirm a trend change.
Key takeaways:
- BTC surged roughly 7% to around $72,700 after news of a two-week U.S.–Iran ceasefire, signaling a temporary easing of geopolitical risk appetite.
- In the last 24 hours, roughly $431 million in short positions were liquidated across the crypto market, with BTC shorts accounting for about $214.8 million.
- Analysts warn that a sustained move higher requires a break above the $72,000–$76,000 zone; failure to clear that region could see risk-off pressure resume.
- Oil volatility accompanied the move, with WTI retreating from intraday highs around $110–$118 to the mid-$90s as the ceasefire news circulated.
Bitcoin’s rebound amid ceasefire signals
Data from market tracking and live feeds show BTC rising as much as 7.4% to approximately $72,760, erasing earlier losses that had persisted over the previous two weeks. The rebound followed President Donald Trump’s confirmation of a two-week pause in hostilities with Iran, a ceasefire conditionally linked to the “complete, immediate, and safe opening” of the Strait of Hormuz. Traders noted that geopolitics can move crypto markets swiftly, sometimes eclipsing traditional technical signals in the near term.
Despite the bounce, observers emphasized that the immediate macro backdrop remains delicate. The ceasefire is contingent on ongoing diplomacy, and any regression or stalled talks could reintroduce risk premia into crypto markets. Analyst commentary cited in market updates suggested that while the relief rally is meaningful, it does not guarantee a long-term trend reversal without sustained catalysts and a breach of key price levels.
Liquidity backdrop and macro drivers
Liquidation data painted a mixed picture of risk dynamics. In the past 24 hours, total liquidations across the crypto market reached about $431 million, with BTC short liquidations contributing roughly half of that sum at around $214.8 million. The broader market’s tilt toward short-covering helped buoy prices in the near term but did little to alter the underlying multi-week consolidation already underway.
The price move came as crude oil swung violently on the ceasefire news. Oil futures initially spiked above the $110–$118 per barrel range in response to regional tensions, but then reversed sharply, dropping as much as 16% to around $92 from an intraday high. WTI crude traded around the mid-$90s during the session, illustrating how commodity markets still interact with crypto as a proxy for macro risk sentiment.
Technical view: range, resistance, and what to watch
From a technical standpoint, the current setup remains fragile for bulls, according to market observers. A number of traders highlighted a potential bearish flag pattern on the daily chart, suggesting that upside momentum could be capped unless BTC clears the upper boundary of the immediate resistance zone. In practice, the line in the sand sits near $76,000; a decisive close above that level could reintroduce bullish momentum toward higher targets. Conversely, rejection at or near the upper boundary could invite renewed downside pressure toward the next significant support areas.
Analysts emphasized that the real test lies in the follow-through. One trader noted that even with the relief rally, “the bear-flag scenario remains a live risk until sustained footing is established above the key resistance.” Another market observer pointed out that a successful upside extension beyond $76,000 could open a path toward the high-$80,000s or low-$90,000s, while a rejection from that zone could pave the way for a renewed move toward the $60,000s region if macro catalysts turn unfavorable.
The ongoing narrative also points to a broader market context. As Cointelegraph coverage has indicated, BTC has shown a tendency to oscillate between fear and relief around pivotal macro events, with on-chain signals and liquidity dynamics feeding into the price action. The coming weeks, including key data prints and policy signals, will likely determine whether the current rebound stalls in a choppy range or evolves into a more durable uptrend.
What readers should watch next
Investors should keep an eye on several developing factors. First, the durability of the ceasefire and any tangible diplomatic progress during upcoming talks will be a clear influencer of risk appetite. Second, macro catalysts—such as the release of Fed minutes and upcoming consumer price index data—could reintroduce volatility and test the resilience of BTC’s rebound. Finally, watch for price action around the $72,000–$76,000 zone: a clear, sustained break above that band would be a meaningful sign for bulls, while a rejection could invite renewed downside pressure toward established long-term support levels.
In the near term, traders appear divided on whether the relief rally can be converted into a longer-lasting trend. The unanswered question remains: will geopolitical news continue to shape crypto markets with the same immediacy, or will domestic macro triggers begin to dominate price action as the week progresses?
South Korea’s financial regulators have ordered all domestic crypto exchanges to adopt a single, strict system for delaying withdrawals, aiming to block a surge in voice phishing scams that rely on speed.
The Financial Services Commission and Financial Supervisory Service announced the new rules, removing the discretion exchanges once had to let users bypass holding periods, local news outlets report.
In the past, platforms set their own exceptions to keep trading fast. Fraud groups learned those rules and coached victims to slip through them.
Voice phishing scams often push victims to convert cash into crypto and send it out within minutes. A delay, even a short one, can interrupt the scam by giving victims time to reconsider or allow alerts to surface before funds leave an account.
Under the new system, exchanges must apply the same criteria when reviewing withdrawal exceptions. These include account history, transaction patterns and sudden changes in behavior. Officials expect fewer than 1% of users will qualify for instant withdrawals. Platforms must also tighten identity checks and monitor fund flows more closely.
The move marks a shift from industry-led safeguards to a national standard.
In other markets such as the U.S. and Europe, withdrawal holds are common but set by individual firms. Some exchanges even let users set their own timelocks to prevent unwanted withdrawals.
The South Korean regulators did not immediately respond to CoinDesk’s request for further comment.
Crypto World
Alibaba (BABA) Shares Surge Nearly 8% Following Major AI Data Center Unveiling in China
Key Highlights
- Alibaba partnered with China Telecom to unveil a 10,000-chip AI computing facility in Shaoguan, Guangdong, utilizing Alibaba’s proprietary Zhenwu processor technology.
- This facility represents the first large-scale deployment of Zhenwu chips in China’s Greater Bay Area, capable of handling AI model training with parameters reaching hundreds of billions.
- Performance metrics show 30% improved training and inference efficiency, with individual card throughput jumping nearly tenfold compared to earlier technology.
- Expansion plans call for scaling the facility to 100,000 chips, while smaller enterprises can access computing resources through China Telecom’s service platform.
- This deployment comes after a comparable 10,000-chip Huawei Ascend 910C facility began operations in Shenzhen the previous month.
Alibaba (BABA) and China Telecom have unveiled a massive AI computing facility featuring 10,000 chips in Shaoguan, located in Guangdong province. The infrastructure relies exclusively on Alibaba’s proprietary Zhenwu AI processors, which were engineered by the company’s T-Head semiconductor division.
Alibaba Group Holding Limited, BABA
This unveiling represents a milestone as the largest Zhenwu chip deployment to date within the Greater Bay Area region. According to Alibaba Cloud, this initiative signals a transition in China’s AI computing landscape “from achieving high-end performance milestones to widespread industrial adoption.”
The facility employs an advanced high-performance networking framework that enables all 10,000 processors to function as a unified supercomputing system. Alibaba reports this configuration achieves 30% greater training and inference efficiency, while individual card throughput shows nearly a tenfold improvement over previous-generation systems.
The infrastructure supports training for AI models containing hundreds of billions of parameters — positioning it alongside the most sophisticated AI development projects worldwide.
The system maintains a latency level of 4 microseconds, which Alibaba credits to the sophisticated networking framework connecting the processors. This metric is critical for enterprise AI applications where rapid response times are essential.
Beijing’s Drive Toward Indigenous AI Computing Infrastructure
This launch aligns with a comprehensive national initiative. Beijing incorporated intelligent computing infrastructure into its 15th five-year strategic plan last month, while an AI action blueprint from the State Council issued in August emphasized optimized expansion of computing capabilities nationwide.
By the conclusion of June last year, China’s aggregate computing capacity reached 962,000 petaflops — representing 21% of global capacity, marking a 73% year-over-year increase, based on data from the China Academy of Information and Communications Technology.
The Shaoguan facility has already been implemented in healthcare and advanced manufacturing applications. Small and medium-sized enterprises can obtain computing access via China Telecom’s platform, with flexible pricing options based on card usage or hourly rates.
Alibaba has also revealed intentions to expand the facility from 10,000 to 100,000 chips. This expansion strategy targets cost reduction and enhanced resource utilization.
Industry Context: Huawei and China’s Semiconductor Competition
This announcement follows a comparable achievement from the previous month, when China’s inaugural 10,000-card intelligent computing facility — utilizing Huawei’s Ascend 910C processors — commenced operations in Shenzhen.
That facility delivers 11,000 petaflops of computing power and has been integrated with another 3,000-petaflop facility activated in 2024. Shanghai is simultaneously developing a 10,000-card facility through an INESA state-owned subsidiary, designed for compatibility with various domestic processor architectures.
While Chinese processors continue to lag behind Nvidia in individual performance metrics, Beijing’s approach emphasizes large-scale cluster infrastructure and optimized networking to narrow the performance differential.
U.S. export controls on Nvidia processors have expedited China’s domestic semiconductor development trajectory. Alibaba’s T-Head division has played a pivotal role in this effort, alongside Huawei.
BABA shares advanced 7.79% on the announcement day, with after-hours trading adding another 0.82% to its Hong Kong-listed shares (728-HK).
The Russian Oil Asset Reserve, known by its ticker symbol ROAR crypto, is a new meme coin token launched on the Solana blockchain in early April 2026.
It operates as a narrative-driven meme coin rather than a traditional financial instrument, with its primary appeal rooted in geopolitical storytelling around Russian energy dominance.
Marketed as a “sovereign energy protocol,” ROAR positions itself at the intersection of cryptocurrency and global oil markets, using dramatic imagery of Siberian crude reserves, pipelines, OPEC influence, and a rising Eastern alliance to attract traders seeking the next big hype cycle.
The token trades primarily on decentralized exchanges such as Meteora and other Solana-based platforms, has a fixed supply of roughly 1 billion tokens, and has no major centralized exchange listings.
At first glance, it seems harmless. But there is much to uncover about why to stay away from this coin.
What is Russian Oil Asset Reserve (ROAR Crypto)?
ROAR’s promoters paint an enticing picture. Official-looking websites describe the token as “backed by real Siberian energy in the new world order,” claiming that each unit is “conceptually pegged” to verified Siberian crude reserves and that holders gain “direct exposure to the most powerful commodity on Earth.”
Social media campaigns and influencer videos have amplified this narrative, sometimes falsely suggesting that Russian leadership or state entities are behind the project, complete with AI-generated clips purporting to show high-level endorsements.
However, these claims collapse under scrutiny. ROAR is not backed by any physical oil reserves, nor is it redeemable for barrels of Siberian crude or any other tangible commodity.
There is no legal mechanism, escrow, or audited collateral tying the token’s value to actual energy assets; the “conceptual peg” is purely marketing language with zero enforceable backing.
Independent analyses, including one of the project’s own secondary websites, explicitly state that it is a “speculative digital asset on the Solana blockchain” and “not backed by physical oil reserves or any government entity.”
Who Is Behind ROAR Crypto?
This is the exact same campaign and method that was used for previous tokens like United States RX, Golden Dome, and US Oil Reserve crypto.
All these tokens claimed to be backed by officials, but all turned out to be scams and went to zero later. This is probably the same or multiple teams following the same playbook.
They create a token, pay promoters across Instagram, TikTok, and other social platforms to push short videos and reels, and that is likely how you ended up hearing about it.
ROAR crypto is almost certainly a rug-pull scam or, at best, a low-effort meme coin riding on political sentiment, and you probably should stay away. Be aware and always DYOR.
Oil Prices Drop Amid Iran Ceasefire, Bitcoin Gains: Is New Layer 2 Bitcoin’s ROAR Crypto?
Here’s the honest tension with ROAR crypto at current levels: the upside to fair value is roughly 15–35% from here, maybe a rug pull. That’s a solid return, but it’s a very different risk profile than catching an asset at its earliest stage. Traders who rode HYPE from its lows have already captured the outsized gains.
That dynamic is exactly what’s drawing attention to Bitcoin Hyper, a presale project positioning itself as the first-ever Bitcoin Layer 2 with SVM integration, bringing Solana Virtual Machine speed and smart contract capabilities directly to the Bitcoin ecosystem without sacrificing Bitcoin’s security. The pitch for Hyper crypto is infrastructure-level: breaking Bitcoin’s three core limitations of slow transactions, high fees, and limited programmability, all at once.
The numbers are already moving. Bitcoin Hyper has raised more than $32M at a current presale price of $0.0136782, with staking rewards available to early participants. Features include sub-second transaction finality, a Decentralized Canonical Bridge for seamless BTC transfers, and low-cost smart contract execution. Recent coverage has flagged the project as one gaining traction alongside the ROAR crypto narrative.
Visit the Bitcoin Hyper Presale Website Here.
The post What Is Russian Oil Asset Reserve? Is ROAR Crypto The Next Big Thing Or Scam? appeared first on Cryptonews.
- Solana price has gained in the past 24 hours as Bitcoin retests $72,000.
- The SOL token could rally to $150 amid the US-Iran ceasefire.
- However, continued weakness could allow bears to target $70 or lower.
Solana’s latest rebound has revived bullish speculation, with decent gains aligning with an uptick for risk asset markets.
As traders digest the impact of easing geopolitical tensions amid the ceasefire between the US and Iran, the key question is whether a shift in sentiment could propel Solana to its year-to-date highs of $150.
Solana eyes $90 as geopolitical risk cools
As noted, the broader cryptocurrency market pushed higher overnight Tuesday after US President Donald Trump announced a two‑week ceasefire deal with Iran.
The news has eased fears of a deeper regional conflict, with the Pakistan‑brokered talks coming ahead of a 48‑hour deadline set by Washington.
Stocks and cryptocurrencies rose as risk sentiment changed from defensive positioning to an aggressive hunt for upside exposure.
The sharp gains saw more than $425 million in short positions liquidated in the past 24 hours, with over $100 billion added to the global crypto market capitalization.
Bitcoin edged above the $72,000 mark, and Ethereum climbed to $2,270, boosting altcoins as traders rotated capital back into major tokens and high‑beta plays. Solana’s upswing had SOL advancing to above $86.
The move toward $90 erases part of last week’s drawdown that followed the Drift Protocol exploit.
SOL price analysis
While SOL’s percentage gains pale in comparison to intraday moves of Zcash, Bittensor, and LayerZero, the uptick was still significant from a market‑structure point of view.
The recovery helped re‑establish a higher trading range, suggesting that the worst of the exploit‑driven capitulation may be over if the ceasefire holds and broader crypto inflows continue.
On the charts, SOL has recently been shadowed by a developing bear flag formation.
The classic chart pattern usually signals downside continuation if a clean break occurs, and its formation had bears threatening a drop back toward the $70 region.
The bounce to near $90 is crucial even as the bearish structure remains.
If bulls can consistently defend the $80-$85 band and convert the area into a solid demand zone, the next immediate resistance is likely to emerge around $95-$100.
This is where prior supply and key moving averages converge, and a breakout could pave the way for a higher resistance cluster in the $120-$135 zone.
Bulls can target January 2026 highs near $150.
However, if buyers fail to break and hold above the $90 level, the technical backdrop would increasingly favor an extension of the downtrend.
This outlook exposes SOL to renewed downside pressure toward $70, with critical support near $54.
MEXC, one of the world leaders in 0-fee digital asset trading, today announced a comprehensive brand upgrade to mark its 8th anniversary. This milestone transformation signals MEXC’s evolution from a traditional exchange into a universal gateway for global markets, built on the two core pillars of “0 Fees” and “Infinite Opportunities”.
The walls between asset classes—crypto, equities, and commodities—begin to collapse into a single, continuous global trading system, yet rising fees and friction have restricted user access. MEXC directly addresses this imbalance, aiming to make global opportunities more accessible regardless of geography or capital. MEXC prioritized product strength and a “0 Fee” model. Backed by a team of 2,000 professionals, the platform is advancing its infrastructure through AI-driven tools and enhanced transparency standards — further lowering barriers and expanding access for traders worldwide.
At the center of this brand upgrade is MEXC’s newly introduced logo — a symbol of openness and access. Evolving from the brand’s core “M” into a simpler and more fluid symbol of the new MEXC. This visual transformation represents four key pillars of MEXC evolution.
- More Possibilities – Its shape echoes infinity, representing MEXC’s commitment to unlocking more assets, more products, more market access, and more possibilities for users worldwide. This reflects MEXC’s belief that opportunity should not be limited by entry barriers, product access, or user stage.
- More Accessible – Its dual form can also be interpreted as two zeros, reflecting MEXC’s 0 Fee philosophy. More than a pricing message, these two zeros symbolize MEXC’s effort to remove barriers and make opportunities more accessible and actionable for every user.
- More Open – The new MEXC logo evolves from the brand’s core “M” into a simpler, more fluid, and more open symbol of the new MEXC. It preserves the brand’s familiar identity while expressing a new stage of growth — one that is more modern, more global, and more user-centered.
- More Connected – At the same time, the logo’s connected and open structure expresses MEXC’s role as a Trusted Global Gateway — a platform built to connect users to broader markets and broader opportunities through a more seamless, user-centric experience, supported by reliable infrastructure across the world.
MEXC believes opportunities should be open to everyone, and has built MEXC to be commended as your 0-fee gateway to infinite opportunities.
- Beyond Pricing: 0 fees is a structural commitment to remove one of the biggest barriers in trading.
- Shared Value: In the past year alone, MEXC 0-fee model has returned more than $1 billion to our users. This is not a short-term campaign, but a fundamental shift in how value is created and shared.
- Unified Access: “Infinite opportunities” means giving users broader, simpler access to global markets. Whether it is crypto, US stocks, MT5-based assets, or prediction markets, users can act on opportunity through one account and one gateway
As the industry enters a new phase where markets converge and access becomes the defining advantage, MEXC is accelerating its mission to become the infrastructure layer connecting users to global opportunities and setting a new standard for exchanges — where trust is as critical as performance, and users remain at the center of the ecosystem.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
The post MEXC Brand Upgrade: Infinite Opportunities with 0 Fees appeared first on BeInCrypto.
BlackRock’s BUIDL token on Ethereum has exceeded $1 billion in market capitalization, up approximately 115% year-to-date.
BlackRock’s BUIDL token on Ethereum has surpassed $1 billion in market capitalization, achieving roughly 115% gains year-to-date as of April 6, 2026. The milestone marks significant growth for the tokenized fund product since the start of 2026.
BUIDL represents BlackRock’s foray into on-chain tokenized assets, offering exposure to short-duration U.S. Treasury bills and cash equivalents on the Ethereum blockchain. The token’s market cap growth reflects broader institutional adoption of blockchain-based financial products.
Sources: Token Terminal
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
Vugar Usi, the newly appointed CEO of MEXC, has a provocative explanation for the collapse in memecoin trading: the tokens didn’t lose their appeal, the rest of the financial system caught up to them.
Gold moves on a Trump tweet. Oil spikes on a geopolitical rumor. Equities swing on a single Fed headline.
“Everything has kind of become a meme at this point,” Usi said in an interview with CoinDesk.
“Meme coins were driven by social sentiment, virality, speculation,” he continued, adding that today one of “President Trump’s tweets does all these three.”
That thesis underpins his plan to reposition MEXC, long synonymous with memecoin speculation, into a broader “trade everything” platform spanning tokenized equities, commodities and prediction markets, built around a retail base that accounts for roughly 98% of activity by his estimate.
“It’s very funny to see that memecoins today are fighting for the same attention that gold and silver does,” Usi said.
The bet is that retail doesn’t need replacing with institutional flow, it needs more things to speculate on.
Usi points to prediction markets, where traders bet on the outcome of events rather than the price of assets, and to political announcements that move commodities and equities before most of the market has time to react — what he describes as trading by people “who have their close proximity to the news.”
The whole thesis hinges on whether retail is fading or simply migrating to whatever asset is most volatile at any given moment.
Betting against the institutional pivot
That view puts MEXC on a different trajectory from its largest competitors.
Binance, OKX, and Bybit have spent the last two years courting institutional liquidity, building out derivatives desks, and positioning for the ETF-driven flows that increasingly dominate bitcoin’s price discovery.
Usi, a Bitget veteran who helped scale that exchange to the world’s fourth-largest before joining MEXC, is betting in the opposite direction. At Bitget, he said, roughly 80% of trading volume came from institutions. At MEXC, it is almost entirely retail, and he wants to keep it that way.
“Retail is our bread and butter,” Usi said, framing MEXC’s zero-fee model — which he claims returned $1.1 billion to users in 2025 — as the real marketing engine, in contrast to the Messi endorsements and Formula One sponsorships that defined his previous employer’s rise.
His plan is to extend that model across asset classes, adding tokenized stocks, gold, silver, prediction markets, and eventually card and earn products, positioning MEXC less as a crypto exchange than as a retail-first Robinhood competitor operating offshore taking cues from Asia’s superapps.
Fixing failures
The harder question is whether MEXC can expand without tripping over the regulatory problems that have plagued it over the past few years.
MEXC spent much of 2025 managing fallout from the so-called White Whale incident, in which a pseudonymous trader alleged that $3 million of his funds had been frozen under opaque risk-control rules.
After months of public pressure, MEXC’s chief strategy officer Cecilia Hsueh issued a public apology in October, acknowledging that the company’s “risk, operations, and PR teams have not kept up” with its growth.
“We fucked up. We apologize to The White Whale, and his money is already been released. He can claim it at any time,” Hsueh wrote on X.
Data shows that withdrawals from MEXC surged in the aftermath and remain elevated throughout 2025. But, in the last few months, that trend has reversed.
Data from CoinDesk Research shows MEXC commanded second place in exchange volume at the end of 2025 with a 5% market share, while CoinGecko highlights its 90% growth in volume throughout the year.
“MEXC commands a high market share despite falling in the lower-tier category (grade C). This continues to underline the disconnect between volume capture and assessed risk/compliance among certain venues,” a CoinDesk data exchange benchmark report from November reads.
Compliance readiness was “one of the key missing points in MEXC’s growth,” Usi told CoinDesk.
He said the exchange has “kick-started” conversations with regulators across Europe, the Middle East, and Southeast Asia, with the goal of building a platform that is “more transparent, more compliant.”
On a potential U.S. entry, even in the event the CLARITY Act passes, he was noncommittal, calling the market “expensive and complex.”
That hesitation reflects a deeper constraint: the speed, extreme listing breadth, and minimal friction that powered MEXC’s rise are the same traits that draw regulatory scrutiny, leaving it to pursue a global “everything app” strategy without the licenses, banking rails, or institutional clients its competitors are building around.
Can MEXC add guardrails without losing its edge?
There’s a certain kind of crypto trader that loves everything MEXC is and would hate to see it change.
The question is whether MEXC can clean up its model without losing the memecoin chaos that made it work.
Or, is that even necessary? Data shows that MEXC’s growing loyal traders might not care.
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