Cardano and DraperU: Boosting Bitcoin DeFi Startups

🟪Tim Draper has announced the launch of the Cardano X DraperU Founder Residency Program, aimed at supporting startups building Bitcoin DeFi on the UTxO model. Participants will receive a grant of 42,000 ADA and undergo an intensive five-week training at Draper University.

🟪The program includes technical training, entrepreneurship workshops, mentorship, and an investor pitch day.

🟪Meanwhile, ADA is testing key support at $0.6435. If this level holds, the price could rise to $0.75–$0.80. Otherwise, a retracement to $0.63 is possible.