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Bitcoin will reach a new high by the end of the week, according to Markus Thielen. Thielen wrote in a report titled “Everyone Will Be Astonished By Bitcoin’s Prices This Week.” The price of bitcoin was around $66,839 on Tuesday at the time of press. This is less than 3% short of its record dollar high of $69,000 in November 2021. The CoinDesk 20 Index was up 4.7%. Laurent Kssis is a crypto ETP expert at CEC Capital. He believes that another rally may be coming. Retail investors are showing strong buying pressure, as they consider recent spot bitcoin ETF inflows a key momentum stage. He said that “inflows are very supportive and have not yet ended, which could and may continue to push prices upwards on the crypto currency market.”

Deutsche Boerse is the operator of Germany’s largest stock exchange. has launched , a spot trading platform that caters to institutional clients. DBDX provides a fully-regulated ecosystem for the trading, settlement, and custody of cryptocurrency assets. Trading on DBDX is initially based on a Request-for-Quote (RFQ), followed by multilateral trading. Deutsche Boerse is responsible for the trading platform, while Crypto Finance provides settlement and custody.

Baanx is a cryptocurrency payment specialist that has been authorized by the U.K. Financial Conduct Authority. Raised in Series A financing round. With the investment from Ledger Foundation, Tezos Foundation and British Business Bank the total funding of the crypto payment provider now exceeds $30 million. Baanx of London, which operates the Ledger Card product, has recently signed a 3-year partnership with Mastercard in the U.K. Mastercard, Visa and other large legacy payment companies have quietly been exploring areas such as payments on Ethereum and stablecoins. Baanx also provides seamless connectivity in these areas.

Chart of the Day

  • All addresses that currently hold Optimism OP tokens, a layer-2 scaling solution from Optimism, are “in the black.” All holders have unrealized gains.
  • When the average cost of acquiring coins at an address is greater than the token’s current market price, the address is considered to be “in the money”.
  • OP reached a new record high of $4.51 on Tuesday morning.
  • Source: IntoTheBlock

– Omkar Godbole

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Sheldon Reback is the editor.