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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

Netanyahu floats blockchain as way to bypass financial sanctions, sparking Israeli political spat

Israeli Prime Minister Benjamin Netanyahu (베냐민 네타냐후) has publicly raised the possibility of using blockchain and cryptocurrencies to respond to potential international financial sanctions. He said Israel is reviewing related technology to reduce any economic shock. Political opponents criticised the idea, with one calling it a national security threat, while the Bank of Israel said crypto cannot be used to bypass sanctions. Industry figures and local media also questioned its effectiveness.

Industry

Trump announces $4.2 billion Audi U.S. plant investment to produce 200,000 SUVs a year

Audi will invest about $4 billion to build an SUV plant in Georgia, targeting annual output of up to 200,000 vehicles and about 4,500 jobs. U.S. President Donald Trump highlighted the project at a Republican campaign event as a result of his tariff policy ahead of the Nov. 3 midterm elections. The plan includes producing large SUVs such as the Q7, Q8 and Q9, with construction slated for 2027 and production planned for the early 2030s.