Binance News: Cardano (ADA) Market Volatility Continues Amid Mixed Predictions for March 2025

Cardano Prediction: AI Sets ADA Price For March 31, 2025

The Cardano (ADA) market has seen significant volatility recently. Despite bullish news, ADA has struggled to stay above the $1 mark. Earlier this month, the altcoin reached a high of $1.12, but its monthly price change is negative at 4.20%. However, over the past 24 hours, ADA has recorded a 2.61% rise and was trading at $0.7462 at the time of writing. The community is divided on how the altcoin will end March, with some predicting a downtrend and others expecting a positive switch.

Binance Suspends Employee Over Insider Trading

Binance has suspended an employee, Freddie Ng, over allegations of insider trading. The announcement was made on Monday via the official Binance Wallet X account amidst growing scrutiny of the industry’s ethical practices. The investigation was triggered by a complaint received by Binance’s internal audit team on March 23. According to the details provided, Ng realized a profit of $113k and an unrealized profit of $200k through trading UUU tokens on the BSC. An address funded by Ng purchased 24.1 million UUU tokens for $6,227 and partially liquidated, selling 6.0222 million of these tokens.