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Bitcoin Price Passes $65k as Whales Buy in and Green Bitcoin ICO Exceeds $1.5M

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Bitcoin’s price surged above $65,000 today, reaching its highest level since November 2021, as rumors about large investors accumulating the coin started to circulate.

The coin’s rally continues to make headlines in the crypto market – and analysts now expect BTC to hit a new all-time high soon.

Meanwhile, some traders are keeping a close eye on Green Bitcoin (GBTC), a brand-new project that combines the legacy of Bitcoin with the eco-friendliness of Ethereum.

Bitcoin Soars Past $65k as ATH Looms Large

Bitcoin’s rise above $65,000 is a significant milestone highlighting the growing mainstream adoption and bullish sentiment around the coin.

The coin’s surge comes from enormous institutional investments and widespread speculation about the potential impact of the upcoming Bitcoin halving event in April.

This halving, which occurs every four years, will reduce the rate at which new BTC is released into circulation.

These events have been historically followed by substantial price rallies as the decreased supply meets rising demand from investors.

However, things seem different this time, with Bitcoin’s price rally starting well ahead of the halving compared to previous cycles.

At the time of writing, BTC‘s price is hovering around $65,470, almost 5% higher than Friday’s close.

Additionally, record levels of open interest in Bitcoin futures contracts suggest that traders expect the uptrend to continue.

Whale Buying Rumors Drive Bitcoin’s Price Higher

Speculation surrounding the entry of crypto whales has further fueled Bitcoin’s price rise in the past 24 hours.

Rumors have been swirling about the identity of a mysterious Bitcoin buyer, with a recent Forbes article pointing to Qatar’s sovereign wealth fund or even billionaire Jeff Bezos.

Adding legitimacy to these rumors, Maz Keiser, a prominent Bitcoin investor working with El Salvador, claimed in December that Qatar’s sovereign wealth fund is rumored to be looking at buying $500 billion worth of BTC.

This statement was backed up by Anthony Scaramucci, the founder of SkyBridge Capital, who thanked Keiser on social media – fueling more speculation.

Although nothing has yet been confirmed, Keiser and Scaramucci publicly discussing large potential BTC purchases by nation-states has piqued investors’ interest.

Even rumors of such megadeals have spurred further FOMO and buying activity from retail investors.

As long as these rumors maintain a small degree of credibility, Bitcoin’s bull narrative will likely continue strengthening.

Eco-Friendly Contender Green Bitcoin Raises $1.6M for Gamified Staking Model

With the crypto market buzzing from Bitcoin’s push past $65,000, attention is turning to other promising projects that could capitalize on the bullish sentiment.

One such project is Green Bitcoin, an eco-friendly cryptocurrency that aims to combine the reputation of Bitcoin with the environmental sustainability of the Ethereum blockchain.

Green Bitcoin has been turning heads in its ongoing presale, generating sizable interest from investors seeking a more eco-friendly alternative within the crypto market.

By using Ethereum’s Proof-of-Stake (PoS) consensus mechanism, Green Bitcoin dramatically reduces the energy consumption associated with Bitcoin’s Proof-of-Work (PoW) model.

In turn, this addresses a significant concern surrounding Bitcoin – its carbon footprint.

However, Green Bitcoin’s appeal extends beyond its eco-friendly approach.

The project’s unique selling point is its “Gamified Green Staking” model, which not only allows users to earn passive income through staking but also offers an opportunity to boost those earnings.

As outlined in Green Bitcoin’s whitepaper, this setup works through daily price prediction challenges, which not only adds a gamification element but also has the potential of yielding even higher returns.

With the crypto market showing no signs of cooling off, projects like Green Bitcoin look well-positioned.

Those interested in buying GBTC, Green Bitcoin’s native token, can do so at a discount through the ongoing presale, which has raised over $1.6 million.

GBTC tokens are available for just $0.574 – although this price is only set to last for three more days before increasing.

Visit Green Bitcoin Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

The token Green Bitcoin (GBTC) has no affiliation and is not associated in any shape or form with Grayscale’s Bitcoin Trust.

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Ripple (XRP) Price Predictions, Recent Cardano (ADA) Developments, and More: Bits Recap June 13

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TL;DR

  • ADA is down for the day, but essential developments, such as whale purchases and ecosystem progress, can have a positive impact on the price.
  • XRP trades near $2.14, with bullish targets ranging from $2.80 to $10, while Ripple’s case versus the US SEC nears resolution.
  • ETH fell back to around $2,500. Analysts remain cautiously bullish, noting that $2,380 is a crucial support zone.

What’s New Around ADA?

Cardano’s native token suffered the negative consequences of the geopolitical tension caused by the conflict between Israel and Iran, with its price plunging by over 7% in the last 24 hours and currently trading at around $0.63.

ADA Price
ADA Price, Source: CoinGecko

Some prominent analysts on X took notice of the decline, warning that a further plunge could be incoming. Nebraskangooner, for instance, claimed that “the head and shoulders” price pattern is “potentially breaking down,” suggesting this could lead to a correction below $0.50.

However, some important developments that took place earlier this week indicate that all hope isn’t lost for the bulls. On June 10, Ali Martinez revealed that Cardano whales (those holders having between 100 million and 1 billion tokens) bought 120 million ADA in the span of just 48 hours. Back then, the USD equivalent of the stash was approximately $85 million.

Another bullish factor is the development of the Cardano ecosystem. A few days ago, the project’s founder, Charles Hoskinson, announced Cardinalthe first Bitcoin DeFi protocol on Cardano, which allows people to use BTC for staking and lending on the platform, with no custody required. 

XRP’s Price Targets

Ripple’s cross-border token was also hit by the latest correction. It currently trades at roughly $2.14, representing a 5% decline on a daily scale.

XRP Price
XRP Price, Source: CoinGecko

X user CRYPTOWZRD noted that XRP’s performance is similar to other major altcoins, arguing that “anything is possible from this level.” 

The analyst said the main daily support target is $2, claiming a bullish reversal to the $2.80 resistance level isn’t completely out of the question. However, it will heavily depend on a breakout above the daily lower high trend line. 

Another industry participant who has recently touched upon the matter is the X user Cobb. Earlier this week, the analyst forecasted that XRP’s next leg “is going to be brutal,” suggesting the price could exceed a staggering $10 per coin. 

Meanwhile, it appears that Ripple and the US Securities and Exchange Commission (SEC) are nearing an official resolution of their court dispute. Some experts, though, believe the eventual conclusion of the legal battle is unlikely to trigger any substantial volatility for XRP. 

How About ETH?

The price of the second-largest cryptocurrency surged to nearly $2,900 on June 11, marking the highest level since February. Currently, though, it is worth around $2,500, representing a 13% decline from the local top.

ETH Price
ETH Price, Source: CoinGecko

Despite the downtrend, multiple market observers remain optimistic that Ethereum (ETH) is poised to reach significant peaks, and “no war can stop it.”

The X user DevKhabib also chipped in, claiming that ETH “is still in a good area” despite the ongoing unfavorable conditions. The trader, though, expressed concerns about a potential plunge below $2,380, saying it has proven to be strong support for now. 

Earlier this week, Ali Martinez opined that investors should turn bullish only after a sustained close above $2,750. Failing that, he projected a potential drop toward $2,500 or possibly as low as $2,380.

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Trump Urges Iran to Sign Nuclear Deal Before ‘There’s Nothing Left:’ How Will BTC Price React?

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US President Donald Trump said he urged the Iranian authorities to sign the nuclear deal; otherwise, the situation might escalate.

BTC’s price has already experienced substantial volatility after the initial Israeli missile strikes against Iran, but has recovered some ground and now stands close to $105,000.

Trump said on his own social media platform that he “gave Iran chance after chance to make a deal. I told them, in the strongest words, to “just do it,” but no matter how hard they tried, no matter how close they got, they just couldn’t get it done.”

The POTUS blamed it on a certain “Iranian hardliner” who spoke “bravely,” but noted that all of the top military personnel are now dead. Consequently, Trump urged the nation’s leaders to sign the nuclear deal once again, or the situation could worsen.

“The United States makes the best and most lethal military equipment anywhere in the World, BY FAR, and that Israel has a lot of it, with much more to come – And they know how to use it.”

He warned that the next planned attacks will be even more brutal and Iran should make a deal before “there is nothing left, and save what was once known as the Iranian Empire.”

Israel’s strike earlier this morning led to immediate price volatility across all financial sectors. While oil went up, the ever-volatile crypto market plunged, with BTC dumping below $103,000 for the first time since last Friday.

However, the asset has recovered some ground and now stands close to $105,000. Investors should be aware that more volatility is likely to follow if the tension between the US, Iran, and Israel further escalates.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView
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Crypto Price Analysis June-13: ETH, XRP, ADA, SOL, and HYPE

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This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.

Ethereum (ETH)

Ethereum began the week on a strong footing by testing the $2,800 resistance following a 10% rally. However, this suddenly came to a stop in the past 24 hours after Israel bombed Iran. The geopolitical tension pushed the whole crypto market down, and ETH erased much of its recent gains, closing the week with a modest 1% gain.

The price briefly visited the $2,400 support during its recent drop and is hovering around $2,500 at the time of this post. Hopefully, buyers will defend this support level as a breakdown here could open the way to $2,000 next.

With the market on edge due to the geopolitical context, volatility could continue to be high. So far, ETH has made a higher low, and on Wednesday, it made a higher high. This supports a bullish bias as long as the key support holds.

ETHUSDT_2025-06-13_17-13-30
Chart by TradingView

Ripple (XRP)

XRP reversed on Monday and turned bearish when it was rejected at the $2.3 resistance. With sellers taking back control, the last four daily candles closed in red, which brought the price back to the $2 support. This is why XRP closed the week in red with a 1% loss.

While this is not too concerning, the support at $2 has to hold if this cryptocurrency hopes to make higher highs later. The current momentum is bearish, but due to the low volume, sellers don’t seem interested in doing much more at this time.

Looking ahead, this cryptocurrency remains stuck in a tight range with low volatility. This has been ongoing for months, and there has been no decisive breakthrough to date. This is likely to continue to suppress the price.

XRPUSDT_2025-06-13_17-14-17
Chart by TradingView

Cardano (ADA)

ADA tried to distance itself from the $0.64 support, but in the past three days, sellers brought it back to this key level, closing the week with a 2% loss.

Ит struggled throughout May and June, and it has not been much better to date. This supports a bearish bias with momentum favoring sellers at this time. The daily MACD also turned bearish today which could put in danger the current support.

Looking ahead, if Cardano can’t hold its price above $0.64, then it could revisit $0.5 in the near future. This is a level where buyers returned in the past. Hopefully, they do it again if the key support is lost.

ADAUSDT_2025-06-13_17-13-55
Chart by TradingView

Solana (SOL)

Solana gave market participants a brief excitement when its price moved above $152, which used to act as a resistance. However, that did not last, and in the past three days, sellers returned and pushed it under $150.

With a lower low confirmed, the downtrend for Solana is likely to continue. If so, the next major support levels will be found at $130 and $118. The momentum indicators, such as the daily MACD and RSI, also remain bearish at this time.

If nothing changes in the days to come, which is unlikely considering the wider market context, then SOL has a good chance to revisit $130. This is a level that could attract buyers and lead it into a relief bounce.

SOLUSDT_2025-06-13_17-15-04
Chart by TradingView

Hype (HYPE)

HYPE made waves in the past few months, and this week is no different. It made a new all-time high at $44 and closed this week with a 15% gain. This makes it the best performer on our list and across most of the market.

This achievement also got HYPE next to ADA in terms of market cap on sites such as CoinMarketCap. If this performance continues, HYPE is well placed to challenge ADA or even TRX and DOGE in the future.

Looking ahead, HYPE remains in a clear uptrend with key resistances at $41 and $44, at the time of this post. The support level is found at $38, and the price bounced on it during its most recent pullback. If the rally continues, then expect new record prices in the future.

HYPEUSDT_2025-06-13_17-19-59
Chart by TradingView
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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