Cryptocurrency
Ripple v. SEC Lawsuit Updates, Cardano (ADA) Price Predictions, and More: Bits Recap Feb 7

TL;DR
- The legal battle between Ripple and the SEC continues, but recent changes in the regulator’s leadership may favor the company.
- Analysts predict a parabolic rally for Cardano (ADA), with strong fundamentals and rising adoption signaling a possible breakout despite recent price declines.
- Whales accumulated 750 million DOGE during the dip, and analysts see $0.17 as a potential bottom before a major price surge.
More Changes at the SEC
Over the past few years, Ripple secured some vital partial court wins that seemingly positioned the regulator as the underdog in the legal tussle. Most recently, the SEC enforced some amendments to its leadership, which could also be interpreted as good news for the company.
As CryptoPotato reported, the agency moved Jorge Tenreiro to its computer systems management department. The law expert joined the agency 11 years ago and signed the SEC’s notice of appeal in its case against Ripple.
The plea was submitted in October last year, challenging Judge Torres’ 2023 decision. At that time, she ruled that Ripple’s sales of XRP to retail investors through centralized exchanges did not violate securities regulations.
Earlier this year, the SEC’s former Chairman, Gary Gensler, stepped down. The agency had a quite hostile approach towards the cryptocurrency industry during his tenure, and somewhat expectedly, the XRP community cheered his resignation.
His role was succeeded by Mark Uyeda, who is pro-crypto and even criticized the SEC’s previous leadership for launching a war on the sector.
ADA Bull Run in the Cards?
Cardano’s native token suffered the consequences of the market decline at the start of the business week and is currently deep in the red on a 7-day scale, trading at approximately $0.71 (per CoinGecko’s data).
However, many industry participants believe a fresh resurgence could be just around the corner. Such is the case with Ali Martinez, who observed ADA’s performance in the past years and assumed that it might be “at the very beginning of a monster parabolic rally.”
The X user Lucky was also bullish, telling his over 2 million followers on the social media platform that “strong fundamentals and rising adoption make Cardano a solid bet before the next big move.”
DOGE Price Predictions
Last but not least, we will touch upon the OG meme coin – Dogecoin (DOGE). Similar to ADA, it has also sank by double digits in the past week, but some factors signal a potential reversal.
Martinez recently disclosed that whales accumulated 750 million tokens during the correction, describing the move as “a strong sign of confidence in the market.”
For their part, the X users AMCrypto and KALEO outlined predictions for the near future. The former envisioned a potential decline to as low as $0.17 before a bull run to a new all-time high.
KALEO claimed that the current price level of $0.25 is “a solid entry and practically free compared to where we’ll see it a few months from now.”
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Cryptocurrency
Ripple (XRP) Price Predictions, Recent Cardano (ADA) Developments, and More: Bits Recap June 13

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.
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 Cardinal – the 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.
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.
Despite the downtrend, multiple market observers remain optimistic that Ethereum (ETH) is poised to reach significant peaks, and “no war can stop it.”
$ETH to $4,000 is programmed.
No war that can stop it. pic.twitter.com/jPAAeiFoEt
— TraderPA (@Trader1PA) June 13, 2025
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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Cryptocurrency
Trump Urges Iran to Sign Nuclear Deal Before ‘There’s Nothing Left:’ How Will BTC Price React?

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.
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Cryptocurrency
Crypto Price Analysis June-13: ETH, XRP, ADA, SOL, and HYPE

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.
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.
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.
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.
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.
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