Crypto
Cryptocurrency Price Today: Bitcoin Remains Stable At $49,000, PYTH Becomes Top Gainer
Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to remain stable within the $49,000 range early Tuesday. Other top coins, including the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor losses across the board. The PYTH token emerged as the biggest gainer of the lot, with a 24-hour jump of over 15 percent. BEAM, which was the biggest gainer yesterday, became the biggest loser, with a 24-hour dip of over 7 percent.
The global crypto market cap stood at $1.85 trillion at the time of writing, registering a 24-hour dip of 0.94 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $49,468.81, registering a 24-hour dip of 0.87 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 42.79 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,630.87, marking a 24-hour dip of 0.60 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.29 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour loss of 1.19 percent, as per CoinMarketCap data, currently priced at $0.08102. As per WazirX, Dogecoin price in India stood at Rs 7.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 4.25 percent. At the time of writing, it was trading at $68.98. LTC price in India stood at Rs 6,000.
Ripple (XRP) Price Today
XRP price stood at $0.5247, seeing a 24-hour loss of 1.11 percent. As per WazirX, Ripple price stood at Rs 45.50.
Solana (SOL) Price Today
Solana price stood at $111.60, marking a 24-hour dip of 1.82 percent. As per WazirX, SOL price in India stood at Rs 9,505.43.
Top Crypto Gainers Today (February 14)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Pyth Network (PYTH)
Price: $0.6732
24-hour gain: 15.04 percent
Blur (BLUR)
Price: $0.6945
24-hour gain: 9.10 percent
Stacks (STX)
Price: $2.13
24-hour gain: 7.92 percent
Akash Network (AKT)
Price: $3.47
24-hour gain: 6.63 percent
VeChain (VET)
Price: $0.03324
24-hour gain: 5.63 percent
Top Crypto Losers Today (February 14)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Beam (BEAM)
Price: $0.02756
24-hour loss: 7.23 percent
Astar (ASTR)
Price: $0.1787
24-hour loss: 4.76 percent
SATS (1000SATS)
Price: $0.0004515
24-hour loss: 4.63 percent
Injective (INJ)
Price: $34.52
24-hour loss: 4.50 percent
Ronin (RON)
Price: $2.61
24-hour loss: 4.37 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Following the release of January’s US CPI data, which indicated a higher-than-anticipated 3.1% annual inflation rate, Bitcoin is currently consolidating. Despite a dip to $48,000, it has bounced back to $49,500, showcasing a bullish trend. If Bitcoin maintains levels above $49,000 this week, the potential for growth to $50,000 and beyond is likely; otherwise, a correction within the $46,000-$48,000 range might occur.”
CoinSwitch Markets Desk noted, “After crossing $50k early yesterday for a brief period of time, BTC corrected for about 2.5% due to the US CPI data for January where CPI print came higher than expected. The January report showed 3.1% year-on-year inflation as compared to the expectation of 2.9% which directly had an impact on the chances of rate cuts in May. Market participants now see a 34% chance of a rate cut as compared to 51% before this data became public. Since $50k is a major psychological resistance, it would be interesting to see whether BTC corrects further down. On the other hand, as crypto fear and greed hit its highest levels since Nov 2021, we are seeing the crypto market rally. In altcoin news, SOL(-1.89%) briefly overtook BNB as the 4th largest crypto by market cap, with its market being in touching distance of $50 billion. If BTC continues the rally or even starts consolidating near the current price levels, we could see great gains in fundamentally solid altcoins.”
Rajagopal Menon, Vice President, WazirX, said, “On Wednesday, Bitcoin (BTC) dipped below $50,000 in response to a US inflation report that exceeded expectations, affecting projections for interest-rate cuts. The leading cryptocurrency faced a 2% downturn, sliding from an initial $50,000 to $48,700, rebounding to $49,600 afterward. In contrast, SOL exhibited increased resilience, achieving a gain of over 1%. Analysts urged vigilance concerning market optimism, highlighting that the inflation data hindered Bitcoin’s rally shortly after surpassing the $50,000 threshold on Monday.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin fell below $49,000 after the release of stronger-than-expected US CPI data, dampening expectations of a rate cut. With US government bond yields and the rising dollar index, Bitcoin has faced selling pressure along with stocks and gold. However, the withdrawal may be short-lived. Spot inflows into Bitcoin ETFs remain strong, suggesting sustainable demand despite macroeconomic uncertainties. Additionally, with the upcoming supply halving and the continued influx of spot ETFs, bullish sentiment remains. Options data indicated rising investor optimism, while potential safe-haven demand amid concerns over US regional banks could further support bitcoin. Thus, declines are seen as buying opportunities, with a retest of the all-time highs at $69,000 likely in the near future.”
Shivam Thakral, CEO of BuyUcoin, said, “The Crypto market experienced a slight correction as Bitcoin made a pull back to $49,000 level. The next few days could see a decrease in Bitcoin Dominance and the start of a bullish trend for Ethereum and Altcoins. At the same time the Bitcoin ETF inflows have continued to increase making the demand for Bitcoin 10x more than the supply coming from miners. We may witness a continuation of the bullish trend until the halving in April this year.”
CoinDCX Research Team told ABP Live, “In the last 24 hours, the release of US CPI data showing 3.1% versus the forecasted 2.9% caused BTC to drop by almost $2000 to the $48,000 level. However, it managed to recover slightly. This drop also impacted altcoins, which fell by more than 5%, with some recovering afterward. Additionally, NASDAQ experienced a decline of more than 1.5%. Technically, BTC saw a daily bearish candle close after eight consecutive days of green candle closes. While this isn’t necessarily a sign of reversal yet, BTC needs to maintain its position above $49,000 and clear the $51,850 level. On the other hand, ETH/BTC bounced back from its support level, suggesting that we may see ETH outperforming BTC for the next few days.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
Kraken Valued at $13 Billion After Deutsche Börse Stake
Deutsche Börse has taken a minority stake in crypto exchange Kraken, marking one of the clearest signs yet of Europe’s largest market operator deepening its exposure to digital assets.
The German exchange group said it invested $200 million in Payward, Kraken’s parent company, securing roughly a 1.5% fully diluted ownership. The transaction values Kraken at about $13.3 billion, according to reporting by Bloomberg.
The move builds on an existing relationship between the two firms and signals a broader push to integrate traditional financial infrastructure with crypto markets. The partnership is expected to focus on regulated offerings, including tokenized assets and derivatives, while improving liquidity for institutional clients.
As part of the collaboration, Kraken will integrate with 360T, Deutsche Börse’s foreign exchange trading platform. The connection is designed to provide Kraken users with access to bank-grade foreign exchange liquidity, potentially streamlining the conversion between fiat currencies and digital assets.
The companies also plan to expand the use of Kraken Embed, a service that allows institutions to offer crypto trading and custody under their own brands. The initiative targets banks, fintech firms, and asset managers seeking to enter the digital asset space without building infrastructure from scratch.
Further developments are expected, subject to regulatory approval. These include enabling trading of derivatives listed on Eurex, Deutsche Börse’s derivatives exchange, through Kraken’s platform.
The investment underscores a growing convergence between established financial institutions and the crypto sector. For Kraken, the backing from Deutsche Börse provides capital and strategic alignment with one of Europe’s most influential financial market operators. For Deutsche Börse, the stake offers a direct foothold in a global crypto platform at a time when competition for digital asset infrastructure is intensifying.
The deal also reflects a broader trend of legacy financial firms moving beyond exploratory partnerships toward equity investments in crypto companies. By combining trading, custody, and tokenization capabilities, both firms are positioning themselves to capture a larger share of institutional flows into digital assets.
Key Takeaways:
- Alameda moved $16 million worth of SOL to a wallet linked with repayment efforts, signaling ongoing FTX creditor payouts.
- Alameda still holds 3.5 million SOL ($294 million), meaning supply overhang may impact solana markets.
- FTX-era asset releases since 2022 suggest continued distributions could shape liquidity next.
Alameda Unstakes SOL, Signals Ongoing Creditor Distributions
Alameda Research has transferred roughly $16 million worth of solana ( SOL) tokens after unstaking the assets, in a move that points to continued creditor repayments tied to the collapse of FTX.
Blockchain data tracked by Arkham Intelligence shows the tokens were sent to an address previously associated with distribution efforts. The transaction follows a similar pattern observed in recent months, where unstaked assets were routed to wallets linked to reimbursing creditors.
While there has been no official confirmation that the latest transfer will be distributed immediately, the repetition of this process suggests it forms part of a structured repayment strategy rather than a one-off movement.
Unstaking allows previously locked tokens in proof-of- stake networks to be withdrawn and made liquid. In this case, it enables Alameda to free up assets that can be redirected toward obligations stemming from FTX’s bankruptcy proceedings.
The latest transfer comes about a month after a comparable transaction, when Alameda moved a similar tranche of SOL to the same destination address. That earlier move reinforced expectations that such transfers are tied to ongoing creditor payouts.
Despite the asset sales, Alameda retains a substantial position in solana. The firm still holds approximately 3.5 million SOL, valued at around $294 million, according to Arkham data.
Solana remains one of the largest digital assets by market value, with a capitalization of about $47 billion. The token has traded near $82 in recent sessions, significantly below its peak of $293 reached early last year.
Alameda, founded in 2017 by Sam Bankman-Fried, was once a dominant trading firm in the crypto market. It played a central role in providing liquidity across exchanges and operated extensively in spot and derivatives markets.
Its fortunes shifted dramatically following the collapse of FTX in late 2022, which triggered a wave of insolvencies and legal proceedings. Since then, asset recovery and creditor repayment have been central to the restructuring process.
The steady movement of funds such as SOL highlights the scale and complexity of unwinding Alameda’s positions. Each transfer offers a signal, albeit indirect, of progress in returning value to creditors.
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