Cardano is back in the headlines after its privacy-focused sidechain, Midnight, secured a listing on Binance for its native token, NIGHT. The listing gained attention because NIGHT was featured on Binance Alpha’s front page and came with airdrop perks for eligible users. The move coincides with renewed momentum for ADA. As per the Coingecko data, the token has risen nearly +10% over the past week and is trading around $0.4325. Binance Wallet confirmed that Binance Alpha listed NIGHT on December 9. Binance added that supporting the token aligns with its goal of promoting “rational privacy,” a core principle behind Midnight’s design. Binance Alpha will be the first platform to feature Midnight (NIGHT) on December 9. Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon. Please stay tuned to Binance’s official… pic.twitter.com/CXWKNhHW6D — Binance Wallet (@BinanceWallet) December 8, 2025 The project aims to provide users with private transactions while still meeting regulatory standards that many older privacy networks struggle with.  Midnight operates as a hybrid model, offering confidentiality without compromising compliance. This approach sets it apart from traditional privacy-focused chains. Interest in Midnight’s launch has spread across major exchanges. Bybit, OKX, Bitpanda, MEXC, and Gate.io all confirmed plans to list NIGHT. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Has Cardano (ADA) Entered a Strong Trend Reversal After Breakout? Crypto analyst Ali Martinez noted on X that the increasing supply of Cardano (ADA) entering circulation is putting downward pressure on its price, pointing to potential short-term weakness for the network’s native token. More Cardano $ADA is entering circulation, adding downward pressure on price. pic.twitter.com/5bm7DZROFf — Ali (@ali_charts) December 9, 2025 Meanwhile, Cardano’s ADA broke through a key downtrend this week. The move has sparked renewed optimism among traders after months of declining prices. The move came shortly after crypto analyst Captain Faibik reported a confirmed breakout on X, noting, “$ADA #Cardano Major trendline Breakout is Confirmed.. +10% Profit so far in a few hours..” Cardano (ADA) is showing signs of a potential trend reversal on the 4-hour chart.  DISCOVER: 9+ Best Memecoin to Buy in 2025 (Source: X) The price has broken above a long-standing descending trendline that has kept the market under pressure since early October. The breakout candle is strong and clean, signaling solid buying interest. ADA moved sharply from the $0.43–$0.44 range and is now trading above a level that had repeatedly blocked upward attempts in recent weeks. The chart also highlights a shift in momentum. After a stretch of lower highs and lower lows, ADA formed a rounded bottom pattern through late November and early December.  This breakout confirms that buyers have gained control for the first time in two months. Volume is rising around the breakout, adding credibility to the move and suggesting that the upward push has underlying strength. The chart indicates a potential upside near $0.70, suggesting a 56% gain from the breakout if bullish momentum persists.  ADA is showing its strongest reversal signal since mid-year, with traders closely watching for consistent closes above the trendline to confirm a broader trend change. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 The post Cardano Price Prediction: Is ADA Breakout Signaling a Strong Reversal Amid NIGHT Token Buzz? appeared first on 99Bitcoins.Cardano is back in the headlines after its privacy-focused sidechain, Midnight, secured a listing on Binance for its native token, NIGHT. The listing gained attention because NIGHT was featured on Binance Alpha’s front page and came with airdrop perks for eligible users. The move coincides with renewed momentum for ADA. As per the Coingecko data, the token has risen nearly +10% over the past week and is trading around $0.4325. Binance Wallet confirmed that Binance Alpha listed NIGHT on December 9. Binance added that supporting the token aligns with its goal of promoting “rational privacy,” a core principle behind Midnight’s design. Binance Alpha will be the first platform to feature Midnight (NIGHT) on December 9. Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens. Further details will be announced soon. Please stay tuned to Binance’s official… pic.twitter.com/CXWKNhHW6D — Binance Wallet (@BinanceWallet) December 8, 2025 The project aims to provide users with private transactions while still meeting regulatory standards that many older privacy networks struggle with.  Midnight operates as a hybrid model, offering confidentiality without compromising compliance. This approach sets it apart from traditional privacy-focused chains. Interest in Midnight’s launch has spread across major exchanges. Bybit, OKX, Bitpanda, MEXC, and Gate.io all confirmed plans to list NIGHT. DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Has Cardano (ADA) Entered a Strong Trend Reversal After Breakout? Crypto analyst Ali Martinez noted on X that the increasing supply of Cardano (ADA) entering circulation is putting downward pressure on its price, pointing to potential short-term weakness for the network’s native token. More Cardano $ADA is entering circulation, adding downward pressure on price. pic.twitter.com/5bm7DZROFf — Ali (@ali_charts) December 9, 2025 Meanwhile, Cardano’s ADA broke through a key downtrend this week. The move has sparked renewed optimism among traders after months of declining prices. The move came shortly after crypto analyst Captain Faibik reported a confirmed breakout on X, noting, “$ADA #Cardano Major trendline Breakout is Confirmed.. +10% Profit so far in a few hours..” Cardano (ADA) is showing signs of a potential trend reversal on the 4-hour chart.  DISCOVER: 9+ Best Memecoin to Buy in 2025 (Source: X) The price has broken above a long-standing descending trendline that has kept the market under pressure since early October. The breakout candle is strong and clean, signaling solid buying interest. ADA moved sharply from the $0.43–$0.44 range and is now trading above a level that had repeatedly blocked upward attempts in recent weeks. The chart also highlights a shift in momentum. After a stretch of lower highs and lower lows, ADA formed a rounded bottom pattern through late November and early December.  This breakout confirms that buyers have gained control for the first time in two months. Volume is rising around the breakout, adding credibility to the move and suggesting that the upward push has underlying strength. The chart indicates a potential upside near $0.70, suggesting a 56% gain from the breakout if bullish momentum persists.  ADA is showing its strongest reversal signal since mid-year, with traders closely watching for consistent closes above the trendline to confirm a broader trend change. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 The post Cardano Price Prediction: Is ADA Breakout Signaling a Strong Reversal Amid NIGHT Token Buzz? appeared first on 99Bitcoins.

Cardano Price Prediction: Is ADA Breakout Signaling a Strong Reversal Amid NIGHT Token Buzz?

2025/12/10 12:07

Cardano is back in the headlines after its privacy-focused sidechain, Midnight, secured a listing on Binance for its native token, NIGHT. The listing gained attention because NIGHT was featured on Binance Alpha’s front page and came with airdrop perks for eligible users. The move coincides with renewed momentum for ADA.

As per the Coingecko data, the token has risen nearly +10% over the past week and is trading around $0.4325.

Binance Wallet confirmed that Binance Alpha listed NIGHT on December 9. Binance added that supporting the token aligns with its goal of promoting “rational privacy,” a core principle behind Midnight’s design.

The project aims to provide users with private transactions while still meeting regulatory standards that many older privacy networks struggle with. 

Midnight operates as a hybrid model, offering confidentiality without compromising compliance. This approach sets it apart from traditional privacy-focused chains. Interest in Midnight’s launch has spread across major exchanges. Bybit, OKX, Bitpanda, MEXC, and Gate.io all confirmed plans to list NIGHT.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now

Has Cardano (ADA) Entered a Strong Trend Reversal After Breakout?

Crypto analyst Ali Martinez noted on X that the increasing supply of Cardano (ADA) entering circulation is putting downward pressure on its price, pointing to potential short-term weakness for the network’s native token.

Meanwhile, Cardano’s ADA broke through a key downtrend this week. The move has sparked renewed optimism among traders after months of declining prices.

The move came shortly after crypto analyst Captain Faibik reported a confirmed breakout on X, noting, “$ADA #Cardano Major trendline Breakout is Confirmed.. +10% Profit so far in a few hours..”

Cardano (ADA) is showing signs of a potential trend reversal on the 4-hour chart. 

DISCOVER: 9+ Best Memecoin to Buy in 2025

Cardano price surges as ADA breaks downtrend, fueled by NIGHT token Binance listing and growing trader optimism.(Source: X)

The price has broken above a long-standing descending trendline that has kept the market under pressure since early October.

The breakout candle is strong and clean, signaling solid buying interest. ADA moved sharply from the $0.43–$0.44 range and is now trading above a level that had repeatedly blocked upward attempts in recent weeks.

The chart also highlights a shift in momentum. After a stretch of lower highs and lower lows, ADA formed a rounded bottom pattern through late November and early December. 

This breakout confirms that buyers have gained control for the first time in two months.

Volume is rising around the breakout, adding credibility to the move and suggesting that the upward push has underlying strength.

The chart indicates a potential upside near $0.70, suggesting a 56% gain from the breakout if bullish momentum persists. 

ADA is showing its strongest reversal signal since mid-year, with traders closely watching for consistent closes above the trendline to confirm a broader trend change.

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

The post Cardano Price Prediction: Is ADA Breakout Signaling a Strong Reversal Amid NIGHT Token Buzz? appeared first on 99Bitcoins.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Upbit to Raise Cold Wallet Ratio to 99% Amid Liquidity Concerns

Upbit to Raise Cold Wallet Ratio to 99% Amid Liquidity Concerns

The post Upbit to Raise Cold Wallet Ratio to 99% Amid Liquidity Concerns appeared on BitcoinEthereumNews.com. South Korea’s largest cryptocurrency exchange, Upbit, announced plans to increase its cold wallet storage ratio to 99%, following a major security breach last month. The announcement comes as part of a comprehensive security overhaul following hackers’ theft of approximately 44.5 billion won ($31 million) in Solana-based assets on November 27. Upbit Strengthens Security After Second November 27 Breach According to operator Dunamu, Upbit currently maintains 98.33% of customer digital assets in cold storage as of late October, with only 1.67% held in hot wallets. The exchange stated it has completed a full wallet infrastructure overhaul and aims to reduce hot wallet holdings to below 1% in the coming months. Dunamu emphasized that customer asset protection remains Upbit’s top priority, with all breach-related losses covered by the company’s reserves. Sponsored Sponsored The breach marked Upbit’s second major hack on the same date six years ago. In 2019, North Korean hacking groups Lazarus and Andariel stole 342,000 ETH from the exchange’s hot wallet. This time, attackers drained 24 different Solana network tokens in just 54 minutes during the early morning hours. Under South Korea’s Virtual Asset User Protection Act, exchanges must store at least 80% of customer assets in cold wallets. Upbit significantly exceeds this threshold and maintains the lowest hot wallet ratio among domestic exchanges. Data released by lawmaker Huh Young showed that other Korean exchanges were operating with cold wallet ratios of 82% to 90% as of June. Upbit Outpaces Global Industry Standards Upbit’s security metrics compare favorably with those of major global exchanges. Coinbase stores approximately 98% of customer funds in cold storage, while Kraken maintains 95-97% of its funds offline. OKX, Gate.io, and MEXC each keep around 95% of their funds in cold wallets. Binance and Bybit have not disclosed specific ratios but emphasize that the majority of…
Share
BitcoinEthereumNews2025/12/10 13:37
Tidal Trust Files For ‘Bitcoin AfterDark ETF’, Could Off-Hours Trading Boost Returns?

Tidal Trust Files For ‘Bitcoin AfterDark ETF’, Could Off-Hours Trading Boost Returns?

The post Tidal Trust Files For ‘Bitcoin AfterDark ETF’, Could Off-Hours Trading Boost Returns? appeared on BitcoinEthereumNews.com. Tidal Trust has filed for the first Bitcoin AfterDark ETF with the U.S. SEC. The product looks to capture overnight price movements of the token. What Is the Bitcoin AfterDark ETF? Tidal Trust has filed with the SEC for its proposed Bitcoin AfterDark ETF product. It is an ETF that would hold the coin only during non-trading hours in the United States. This filing also seeks permission for two other BTC-linked products managed with Nicholas Wealth Management. Source: SEC According to the registration documents, the ETF would buy Bitcoin at the close of U.S. markets and then sell the position the following morning upon the reopening of trading. In other words, it will effectively hold BTC only over the night “The fund trades those instruments during U.S. overnight hours and closes them out shortly after the U.S. market opens each trading day,” the filing said. During the day, the fund’s assets switch to U.S. Treasuries, money-market funds, and similar cash instruments. That means even when the fund has 100% notional exposure to Bitcoin overnight, a substantial portion of its capital may still sit in Treasuries during the day. Eric Balchunas, senior ETF analyst cited earlier research and said, “most of Bitcoin’s gains historically occur outside U.S. market hours.” If those patterns persist, the Bitcoin AfterDark ETF token will outperform more traditional spot BTC products, he said. Source: X Balchunas added that the effect may be partly driven by positioning in existing Bitcoin ETFs and related derivatives activity. The SEC has of late taken an increasingly more accommodating approach toward crypto-related ETFs. This September, for instance, REX Shares launched the first Ethereum Staking ETF. It represented direct ETH exposure and paid out on-chain staking rewards.  Also on Tuesday, BlackRock filed an application for an iShares Staked Ethereum ETF. The filing states…
Share
BitcoinEthereumNews2025/12/10 13:00
Tempo Testnet Goes Live with Stablecoin Tools and Expanded Partners

Tempo Testnet Goes Live with Stablecoin Tools and Expanded Partners

The post Tempo Testnet Goes Live with Stablecoin Tools and Expanded Partners appeared on BitcoinEthereumNews.com. The Tempo testnet, developed by Stripe and Paradigm, is now live, enabling developers to run nodes, sync the chain, and test stablecoin features for payments. This open-source platform emphasizes scale, reliability, and integration, paving the way for instant settlements on a dedicated layer-1 blockchain. Tempo testnet launches with six core features, including stablecoin-native gas and fast finality, optimized for financial applications. Developers can create stablecoins directly in browsers using the TIP-20 standard, enhancing accessibility for testing. The project has secured $500 million in funding at a $5 billion valuation, with partners like Mastercard and Klarna driving adoption; Klarna launched a USD-pegged stablecoin last month. Discover the Tempo testnet launch by Stripe and Paradigm: test stablecoins, run nodes, and explore payment innovations on this layer-1 blockchain. Join developers in shaping the future of crypto payments today. What is the Tempo Testnet? Tempo testnet represents a pivotal milestone in the development of a specialized layer-1 blockchain for payments, created through a collaboration between Stripe and Paradigm. This public testnet allows participants to run nodes, synchronize the chain, and experiment with essential features tailored for stablecoin operations and financial transactions. By focusing on instant settlements and low fees, it addresses key limitations in traditional blockchains for real-world payment use cases. Source: Patrick Collison The Tempo testnet builds on the project’s foundation, which was first announced four months ago, with an emphasis on developer-friendly tools. It supports a range of functionalities that prioritize reliability and scalability, making it an ideal environment for testing before the mainnet rollout. As per the official announcement from Tempo, this phase will involve ongoing enhancements, including new infrastructure partnerships and stress tests under simulated payment volumes. One of the standout aspects of the Tempo testnet is its open-source nature, inviting broad community involvement. This approach not only accelerates development…
Share
BitcoinEthereumNews2025/12/10 13:01