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Crypto

Cardano warned of drop to $0.14 as key support level tested

Cardano has slid toward a key technical support level, raising the possibility of another drop into the $0.14 range. Elliott Wave analyst V warned that ADA may not have formed a final bottom and could fall further if it breaks below the lower boundary of an ascending channel that has held since the June 2026 low. Market analyst Ali Martinez also flagged a potential breakdown and said ADA could drop to $0.166 if it stays below $0.220.

Crypto

Grok impressed by Charles Hoskinson\'s Cardano code experiment, calls it light-years ahead

Elon Musk’s AI chatbot Grok praised Cardano founder Charles Hoskinson’s experimental project, Quinelings, calling its technical ideas ahead of their time. The project visualises computer code as moving digital lifeforms in a virtual environment Hoskinson calls an “electronic ocean.” Users can observe how code maps to behaviours and explore self-referential “quine” structures through an SDK. Hoskinson says it could aid AI and programming experiments, though autonomy and practical value need verification.

Crypto

Cardano seeks turnaround by linking with Bitcoin to shed \'ghost chain\' label

Criticism of Cardano as a \'ghost chain\' has resurfaced, drawing attention to its extended UTXO structure after comments involving Charles Hoskinson and Blockstream CEO Adam Back. Cardano supporters are pushing back against claims of weak real-world use by stressing technical differentiation and scaling plans. Figures including David Gokhshtein highlighted a plan to integrate Bitcoin without changing its core software, while also pointing to DeFi, stablecoins, Hydra and governance upgrades.