The post Bitcoin Veteran Rejects Cardano’s Value, But Price Prediction Shows $2 ADA Scenario appeared on BitcoinEthereumNews.com. Adam Back, one of the few people mentioned in the original Bitcoin whitepaper by Satoshi Nakamoto himself, has ended speculations about Cardano’s academic impact.  Responding to a discussion online, Back said he has “not noticed anything of value” coming from Cardano’s many research papers, calling the effort more of a marketing strategy than real innovation. Interestingly, marketing is something that Charles Hoskinson, creator and leader of Cardano, previously marked as a weak point for the ADA blockchain. Didn’t notice anything of value, which is interesting in itself as they hired real academic researchers, as a sort of academic credentialism marketing spend. — Adam Back (@adam3us) October 10, 2025 One may recall how, previously, Back noted that Cardano’s team had strong academic knowledge, but he also warned that proof-of-stake systems “do not work” in practice.  His latest remarks show that his opinion on the project has not improved, even despite the efforts of Cardano’s development team, to impose a narrative of it becoming the ultimate Bitcoin layer-2 solution. New Cardano (ADA) price prediction made While Cardano faces criticism from one of the most respected voices in the Bitcoin community, price analysts remain focused on the charts. Ali Martinez, a well-known market commentator, posted a technical setup showing ADA trading around $0.80, with a key support level at $0.69.  For the analyst, this level could be the best dip to buy before a possible rally toward $2. The chart highlights a large consolidation pattern, with upside targets at $1.30, $1.70 and close to $2 if the breakout is confirmed. Source: Ali Martinez So, on one side, Back dismisses Cardano’s contribution to the wider crypto industry. On the other, technical analysis points to a possible strong rebound in price. It leaves all to ADA’s next move to show whether investor confidence follows fundamentals or short-term market… The post Bitcoin Veteran Rejects Cardano’s Value, But Price Prediction Shows $2 ADA Scenario appeared on BitcoinEthereumNews.com. Adam Back, one of the few people mentioned in the original Bitcoin whitepaper by Satoshi Nakamoto himself, has ended speculations about Cardano’s academic impact.  Responding to a discussion online, Back said he has “not noticed anything of value” coming from Cardano’s many research papers, calling the effort more of a marketing strategy than real innovation. Interestingly, marketing is something that Charles Hoskinson, creator and leader of Cardano, previously marked as a weak point for the ADA blockchain. Didn’t notice anything of value, which is interesting in itself as they hired real academic researchers, as a sort of academic credentialism marketing spend. — Adam Back (@adam3us) October 10, 2025 One may recall how, previously, Back noted that Cardano’s team had strong academic knowledge, but he also warned that proof-of-stake systems “do not work” in practice.  His latest remarks show that his opinion on the project has not improved, even despite the efforts of Cardano’s development team, to impose a narrative of it becoming the ultimate Bitcoin layer-2 solution. New Cardano (ADA) price prediction made While Cardano faces criticism from one of the most respected voices in the Bitcoin community, price analysts remain focused on the charts. Ali Martinez, a well-known market commentator, posted a technical setup showing ADA trading around $0.80, with a key support level at $0.69.  For the analyst, this level could be the best dip to buy before a possible rally toward $2. The chart highlights a large consolidation pattern, with upside targets at $1.30, $1.70 and close to $2 if the breakout is confirmed. Source: Ali Martinez So, on one side, Back dismisses Cardano’s contribution to the wider crypto industry. On the other, technical analysis points to a possible strong rebound in price. It leaves all to ADA’s next move to show whether investor confidence follows fundamentals or short-term market…

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more