Cryptocurrencies Price Prediction: Cardano, Binance & Crypto – European Wrap 1 December

Cardano Price Forecast: ADA risks lowest yearly close as bearish bets mount

Cardano (ADA) price is down over 6% at press time on Monday, starting December in the red and risking the lowest 2025 daily close. The derivatives market sees a buildup of short positions as investor sentiment turns bearish. Technically, Cardano risks further losses as the Relative Strength Index (RSI) turns oversold and the Moving Average Convergence Divergence (MACD) indicator inches toward a potential crossover. 

Binance Asia Head talks about end of a cycle, start of a new era in crypto

SB Seker is head of Asia Pacific at Binance, one of the largest centralized cryptocurrency exchanges. Seker steers regional strategy, operations, and regulatory engagement across Asia-Pacific markets. Bringing over 20 years of experience across legal, compliance, public sector and blockchain markets, Seker is committed to growth, user protection and close cooperation with policy makers across Asia-Pacific.

Crypto: Winter began with a sell-off

The crypto market took a painful hit at the start of trading on Monday, marking the beginning of winter and the new month with a 5% drop in 24 hours and a return below $3 trillion. This seems to be part of the Bears' plan to create the most emotional pressure, as the beginning of the month is considered an emotional precursor for the weeks to come. The market also slipped during the period of lowest liquidity, which added drama in the form of a downward swing. Still, before the start of active trading in Europe, the market is showing signs of stabilisation and rebound.