Midnight and his ambition to build a privacy infrastructure for Web3.
1. Midnight aims for a "programmable privacy" model.
Midnight isn't just about privacy in the sense of absolute anonymity. Instead, the project introduces the concept of programmable privacy – privacy that can be programmed. This means that data on the blockchain can be protected by default, but still have the potential to be selectively disclosed when necessary. For example, a financial transaction could remain confidential to the public but still allow auditors or regulators access when needed.
With $NIGHT this future is experiencing FOMO from retail like us lightly, it is expected to drop a little more to gather long then.
Check on Binance, the short position is profitable, but the number of people placing short is very few while the long position has a high chance that whales are opening shorts.
With the current context of BTC, NIGHT will likely decrease slightly over the last 2 days of this weekend. Currently, are you guys long or short on that night? Share your opinions in the comments below!!
$BTC just had a strong week with an increase of about 10.4%, bringing the price close to 74,000 USD, the highest level in the month. However, immediately after that, there was a strong adjustment down to 70,500. This upward trend is supported by ETF cash flow, spot demand, and accumulation activities from businesses.
1. Buying power in the US is coming back
The Coinbase premium gap index has turned positive after nearly 10 weeks, indicating that the price of BTC on Coinbase is higher than on international exchanges. This usually reflects the returning buying demand from US investors.
At the same time, spot Bitcoin ETFs recorded a net inflow of over 1.9 billion USD in three weeks, showing stronger participation from institutional investors. Additionally, Strategy company also purchased an additional 11,042 BTC, contributing to the market's upward trend.
2. Price zones to watch
Bitcoin is currently trying to regain the 100-day moving average, an important technical threshold. If the price holds above 74,000 USD, the market may move into the large liquidity zone above.
According to liquidation data, about 1.9 billion USD in long positions lies just above 75,000 USD. Further, the 76,000 – 80,000 USD area contains about 2 billion USD in liquidity, which could become the next target if the upward trend continues.
3. Conclusion
If Bitcoin maintains 68-74,000 USD as support, the price may continue to aim for the 76,000 – 79,000 USD range. Breaking through this area will be an important step in solidifying the upward trend in the near future.
Yesterday, NIGHT had an impressive growth when I called long from 0.05 and pumped to 0.055 but shortly after that, there was a correction for 2 reasons:
- BTC corrected strongly on the H4 frame after having grown quite strongly - NIGHT also corrected sharply because BTC decreased and hit resistance on the H4 frame as shown in the image.
Currently, the price of NIGHT is moving sideways in a smaller frame with a support level of 0.0484, if NIGHT can maintain this level, there is still a chance for upward movement. However, it also depends on the situation of BTC because NIGHT currently does not have buying pressure or any good news to run against BTC and the market.
Today is the weekend, so I recommend everyone to stay outside. Wishing everyone a happy weekend, wishing everyone a happy weekend
DOGE increased by more than 2% and is approaching the psychological level of 0.10 USD, extending its recovery trend over the week. The rise in speculative activity around this meme coin is attracting many traders back to the derivatives market.
1. Retail investor money returns
In the past week, the crypto market has shown more stability as Bitcoin remains above 71,000 USD despite escalating US-Iran tensions. At the same time, DOGE increased by about 10%, indicating that selling pressure has eased and speculative money is starting to come back.
2. Derivatives market becomes more active
Data from CoinGlass shows that the Open Interest (OI) for DOGE futures contracts is currently around 1.18 billion USD, up more than 3% in 24 hours compared to the previous level of 1.05 billion USD. The increase in OI indicates that many traders are opening new positions, which is often a sign of money returning to the market.
Moreover, the funding rate remains positive, reflecting that the majority of traders are leaning towards a short-term price increase scenario.
The return of retail money and more active derivatives trading is supporting the recovery of DOGE. If the inflow continues to rise, this meme coin may soon test the 0.10 USD range in the near future.
Memecoin TRUMP increased by over 50% as whales aggressively accumulate following the event announcement at Mar-a-Lago
TRUMP has surged by up to 59% on Friday as major investors began to accumulate tokens after the announcement of the 2nd gala event for top holders.
At one point, the price of TRUMP rose to around $4.40 before adjusting around the $3.84 mark.
This is the highest level of the token in over a month, occurring after the development team promoted a conference and luncheon for major holders at the Mar-a-Lago resort.
Event for major holders
The buying activity occurred after the memecoin development team announced a new promotional program, in which the largest holders will be invited to attend the event on April 25 at President Donald Trump's Mar-a-Lago club in Palm Beach, Florida.
According to the program, 297 largest holders during the ranking period from March 12 to April 10 will receive invitations. Among them, 29 holders with the most tokens will attend a VIP reception with the President.
This program is similar to the event organized last year, when the top holders of the memecoin $TRUMP at his golf course in Washington
Phan Đạt
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🐳Whale strengthens accumulation of $Trump in a short time
In just the last 24 hours, this whale wallet has collected 2M $Trump equivalent to $5.93M. Additionally, some other whale wallets have also accumulated quite a few $Trump tokens from the Binance exchange.
Today, the price of $Trump has also surged strongly to the mark of $3.8 (+30%)
Will there be any good news related to President Donald Trump coming soon?🤔 $TRUMP
🐳Whale strengthens accumulation of $Trump in a short time
In just the last 24 hours, this whale wallet has collected 2M $Trump equivalent to $5.93M. Additionally, some other whale wallets have also accumulated quite a few $Trump tokens from the Binance exchange.
Today, the price of $Trump has also surged strongly to the mark of $3.8 (+30%)
Will there be any good news related to President Donald Trump coming soon?🤔 $TRUMP
Currently, NIGHT is forming a beautiful double bottom price base, and with the market's upcoming recovery, NIGHT could potentially pump.
You can adjust to find a good entry point; yesterday I longed at 0.47, so I'm currently in a slight profit. I hope the price can reach 0.5 so you can board again.
The upcoming market situation is quite supportive of a recovery like:
- The Iran-U.S. conflict is temporarily easing; the market might get used to this and recover just like when Russia invaded Ukraine.
- The FED is gradually doing QE, $15 billion each day, but few people pay attention.
- Check the technical analysis like BTC, ETH, USDT.D, which supports the upward trend.
=> NIGHT is one of the projects belonging to the narrative of privacy + market recovery, so you can confidently go ahead.
The dual token mechanism of Midnight: Why NIGHT and DUST coexist
In most current blockchains, a single token often serves multiple roles simultaneously, such as paying transaction fees, securing the network, and providing rewards for validators. However, this model also presents a significant issue: transaction fees often expose a lot of metadata such as wallet addresses, timestamps, and the relationships between transactions. This undermines privacy, especially for blockchains aimed at data security.
$HYPE increased by about 3% on the day and nearly 20% for the week, thanks to strong demand for trading in real asset futures (RWA). On this Perp DEX platform, Open Interest (OI) has risen to about 1.3 billion USD, indicating that trading flows are expanding rapidly.
1. Oil price volatility drives trading demand
Tensions in the Middle East have caused strong fluctuations in the energy market, especially when supply through the Strait of Hormuz has been disrupted. This has led to a high demand for trading in oil-related derivatives.
In this context, Hyperliquid has become a destination for traders thanks to its 24/7 trading model, especially when traditional markets close on weekends.
2. Rapid growth of RWA futures
Through proposal HIP-3, Hyperliquid allows the creation of perpetual futures for many real assets. Notably, the OI of HIP-3 has reached about 1.33 billion USD, reflecting the rapid expansion of this trading segment.
The trading volume of crude oil in 24 hours on the platform also exceeded 1.17 billion USD, indicating that the energy market is the main driver for cash flows.
Currently, NIGHT is forming a beautiful double bottom price base, and with the market's upcoming recovery, NIGHT could potentially pump.
You can adjust to find a good entry point; yesterday I longed at 0.47, so I'm currently in a slight profit. I hope the price can reach 0.5 so you can board again.
The upcoming market situation is quite supportive of a recovery like:
- The Iran-U.S. conflict is temporarily easing; the market might get used to this and recover just like when Russia invaded Ukraine.
- The FED is gradually doing QE, $15 billion each day, but few people pay attention.
- Check the technical analysis like BTC, ETH, USDT.D, which supports the upward trend.
=> NIGHT is one of the projects belonging to the narrative of privacy + market recovery, so you can confidently go ahead.
Fed pumps 15 billion USD: an early signal for a new crypto upcycle?
The Federal Reserve's quantitative easing (QE) policy often increases liquidity in the financial system. When money is pumped into the market, investors gradually increase their risk appetite, and over time, capital tends to shift towards riskier assets like crypto.
Recently, the Fed has conducted a bond buyback worth 15 billion USD, the largest purchase to date. However, this is just part of a broader liquidity injection program as the Fed's balance sheet increased by about 42 billion USD in February, with plans to buy about 40 billion USD in bonds each month until mid-April.
The impact has not been immediate
Although liquidity is increasing, the crypto market has not reacted strongly. The total market capitalization has dropped by more than 13% in February, indicating that new capital needs time to spread into riskier assets.
Some positive liquidity signals
Geopolitical risks are easing as oil prices have dropped by about 16% from recent highs. At the same time, the value of tokenized US government bonds has reached about 10 billion USD, indicating that capital is gradually shifting into financial assets on the blockchain.
Some advantages and challenges of the Midnight project
Highlights of the project Strong team and backing : Midnight is developed by Input Output Global – the company behind Cardano, with a team of top experts such as CEO Eran Barak (Tel Aviv University), CTO Benjamin Beckmann (PhD in Computer Science), and Thomas Übermeier (former Vice President of Parity Technologies). Advanced technology : The use of zkSNARKs and a dual ledger architecture places Midnight at the forefront of the privacy blockchain field. Unlike traditional privacy coins, Midnight offers a legally compliant solution, expanding applicability in enterprise.
Binance Research: The market often experiences significant volatility during U.S. midterm elections
A report from Binance Research shows that midterm election years in the U.S. are typically accompanied by high volatility in the financial markets. According to the analysis, the S&P 500 has recorded an average decline of about 16% from peak to trough during these election cycles. Meanwhile, Bitcoin tends to be more volatile, with historical data indicating that the average decline can reach approximately 56% in midterm election years.
However, the report also emphasizes that the market often recovers after the election results are determined and political uncertainty decreases. Historical data shows that in the 12 months following midterm elections, the S&P 500 has an average increase of about 19%. Bitcoin even recovers more strongly, with an average yield of around 54% during the same period.
For details, you can visit the official Binance Research website or read on social channels, I'm just summarizing the important information!!
Midnight breakthrough in privacy on Cardano officially available on Binance Spot
In the context of the crypto market increasingly emphasizing privacy, Midnight emerges as one of the outstanding projects in the Privacy sector alongside ZEC, XMR,..
The force behind Midnight is the Cardano ecosystem. Unlike traditional blockchains that operate on the principle of publicly available transaction data, Midnight applies a "dual-ledger" architecture. This mechanism allows users to actively decide which information will be made public on the blockchain and which information needs to be kept private.
A notable point of Midnight lies in the philosophy of "rational privacy." Instead of completely concealing all data as Monero or Zcash have done, Midnight's model allows for selective information sharing. This helps balance user privacy with legal compliance requirements.
For example: a person can prove they are old enough to buy alcohol without revealing their specific date of birth, or confirm their income qualifies for a loan without publicly disclosing their entire account balance.
In the next article, I will delve deeper into privacy!!
- NFT bull run 2021 - Shiba and Doge - Pepe and the ETH meme season in 2023 - Bonk wave on Solana in 2023 - Super meme cycle in 2024 - Bad guys thrown in jail - Degen season on Base in 2024 - AI agents season on Base and Solana in 2024
Under the current Trump administration we have:
- President, family, and friends farming billions from crypto - Bad guys released from jail while new ones never get caught - Dump due to tariffs - Dump due to war - 6 consecutive months of non-stop dumping - Altcoin down 99.9% - Meme coin dead - DeFi dead - NFT dead
The money flow returns to crypto ETFs: Bitcoin and Ethereum attract 172 million USD
The Bitcoin spot ETFs in the US recorded positive capital flow during the trading session on March 11. The total net capital invested in the funds reached approximately 115 million USD, with BlackRock's IBIT fund leading with an exact amount of 115 million USD for the day, indicating strong demand from investors for Bitcoin ETF products.
Similarly, the Ethereum spot ETFs also recorded significant capital inflows. The total money flow for the day reached 57.01 million USD. Leading the way was Fidelity's FETH fund with a net capital flow of 19.13 million USD, reflecting the increasing interest of institutional investors in Ethereum.
The positive capital flow trends in both ETF groups indicate that market sentiment is gradually improving, as investors continue to use ETFs as a legal and convenient means of accessing cryptocurrencies in the traditional financial market.
Ripple launches a share buyback program, valuing the company at $50 billion
Ripple is launching a share buyback program worth up to $750 million, thereby valuing the business at approximately $50 billion, according to Bloomberg.
According to the plan, this blockchain payment solutions company will buy back shares from investors and employees through a tender offer, expected to last until April.
The new move comes after an attempt to buy back shares worth $1 billion in October of last year, with a valuation of $40 billion. However, that deal received limited participation as many private shareholders were unwilling to sell their ownership stake.
Ripple's most recent fundraising occurred in November, when the company raised $500 million in a strategic funding round at a valuation of $40 billion. This funding round was led by funds affiliated with Fortress Investment Group and Citadel Securities, with participation from Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace.
The volatility of Bitcoin depends on oil prices and the Fed's policy for the next move
According to Bitfinex analysts, Bitcoin's next volatility may depend more on oil prices, bond yields, and the Fed's policies, rather than just the intrinsic factors of the crypto market.
1. The market is entering an accumulation phase
Bitcoin is currently trading around 70,000 USD, up more than 4% in 24 hours and has led to over 100 million USD in short positions being liquidated. However, this recovery is not enough to change the overall picture. After a period of significant leverage reduction in the derivatives market, the market structure has become “cleaner” but also more sensitive to macro liquidity.
2. Oil prices may affect Bitcoin
Oil prices have surged, at one point exceeding 119 USD per barrel as tensions between Iran and Israel escalated. Historically, periods of rising oil prices are often accompanied by higher bond yields and a stronger USD, two factors that can tighten liquidity and put pressure on risk assets like Bitcoin.
3. Some stabilizing signals
Nevertheless, institutional cash flow is still supporting the market. Spot Bitcoin ETFs have recorded about 167 million USD in new capital, with BlackRock's IBIT fund accounting for the majority. Accumulation activity from large investors is also absorbing selling pressure from smaller investors.
Conclusion
In the short term, Bitcoin may fluctuate in the range of 63,000 – 72,000 USD. The next direction will depend heavily on macro conditions, especially inflation, oil prices, and the Fed's interest rate policies.