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Bitcoin Futures Market Now Flashing Historically Bullish Signal, According to Crypto Analytics Firm IntoTheBlock
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A leading analytics firm says that the Bitcoin (BTC) futures market is flashing a reading that has previously marked market bottoms.
IntoTheBlock reveals that Bitcoin is witnessing steep backwardation, a condition where BTC futures contracts are priced significantly lower than the value of the king crypto in spot markets.
According to the analytics firm, backwardation indicates high selling pressure for Bitcoin in the last two weeks.
Cointime News:JuCoin's self-developed public chain JuChain has been launched on the main network. The JuChain Public Chain Co construction Summit initiated by JuCoin will be held on May 15, 2025 in Bangkok, Thailand. The conference will release the first ecological agreement--
Cointime News: JuCoin CEO Sammi Li delivered a keynote speech at the TOKEN2049 conference, analyzing the current challenges in user experience (UX) design in the cryptocurrency industry. Sammi Li believes that the existing encryption product experience fails to effectively empathize with users, often leading to usage anxiety, which hinders the large-scale adoption of Web3. Combining her rich experience in the luxury goods industry, she emphasizes that building trust relies on paying attention to user emotions and critical moments of interaction, and constructing it through details rather than simply technical presentations. JuCoin is applying these user centered design principles to its Web3 ecosystem construction, aiming to lower user barriers and enhance user experience by optimizing JuChain and related product designs. It calls on the encryption industry to think together and place user experience at a more core position.
On January 11th, according to the Xiong'an Public Account, the digital RMB pilot in Xiong'an New Area has achieved new results. The first digital RMB tax payment transaction in the financial field has been completed, and self-service tax terminals have been developed. The "blockchain + digital RMB" technology is applied to government procurement management, increasing the proportion of advance payment and landing multiple applications to solve corporate problems. In 2024, the People's Bank of China Xiong'an New Area Branch, together with the Xiong'an New Area Reform and Development Bureau, will launch the "Implementation Plan for the Deepening of the Pilot Work of Digital RMB in the Rongdong Area", to enhance public awareness. By combining blockchain with digital RMB, the "digital currency loan" product will be launched, with a payment amount of nearly 100 million yuan.
Fardi Wang, Chairman of NEXUS 2140: AI•Web3•Ecom Global Expo, recently appeared at the Meta Crypto Oasis 2025 in Dubai, joining global Web3 leaders such as Justin Sun (Founder of TRON) and Chris (Co-founder of Sonic) to discuss the future of the industry. As the first cross-industry event integrating AI, Web3, and E-commerce, NEXUS 2140 is accelerating its international expansion through Fardi Wang’s active participation. At the summit, Fardi Wang emphasized that the integration of virtual and real-world assets is the key breakthrough for the Web3 ecosystem. He mentioned: “NEXUS 2140 is leveraging Korea’s policies, technological strengths, and ecosystem advantages to build a global industrial hub.” His insights received strong recognition from attendees, and the Dubai visit further amplified the international influence of the event, injecting new momentum into global digital economy collaboration.
BitradeX has announced its partnership with NVIDIA through the NVIDIA Developer Program, entering into a deep collaboration to optimize its core AI trading model, ARK Trading Model, with NVIDIA’s A100 and H100 GPU clusters. This collaboration has significantly enhanced ARK's decision-making speed and precision, reducing decision latency from 2.1 milliseconds to just 0.07 milliseconds. This deep partnership marks a technological breakthrough for BitradeX, propelling the industry into the "AI Quantification 2.0 Era" and offering users a more efficient trading experience in the global financial market.
The latest industry analysis from BitradeX points out that the explosion of AI big model technology is bringing revolutionary changes to the 24/7 uninterrupted operation of the cryptocurrency market. The all-weather trading characteristics and high market volatility provide unique advantages for AI enabled quantitative trading. BitradeX has been the first to launch an AI Bot product by deeply integrating cutting-edge big model technology with high concurrency quantization systems, achieving millisecond level market analysis and intelligent decision-making. The platform believes that the combination of AI and encryption will reshape the industry landscape, and in the future, the competition core of exchanges will shift from simple trading to intelligent investment services. BitradeX has taken the lead in laying out and leading this wave of change. Official website address: bitradex.com
🌍AI· WEB3· ECOMGLOBAL EXPO📍 Goyang, South Korea📅 2025.6.21-22✅ Convergence of 🌟 top-level resources🇰🇷 Supported by the Korean government | 🤝 500 Global Enterprises 🌐 | 150 Investment Institutions 💰 | 3000 KOL 📢✅ Frontier field coverage 🚀AI 🤖 | Web3 🌐 | ECOM's 🛒 three tracks, detonating future business opportunities! 💥✅ High-spec exposure 📡100M media traffic 🎥 | 30K Social Buzz 💬 | The world's top media cooperation 🌎✅ Celebrity event blessing 🎉Summit Forum 💼 | Project Roadshow 🏆 | 15,000 people concert 🎤🌟 | Community dinner 🥂 for 1,000 peopleStrong support from the government, international recognition and praiseConvergence of cutting-edge fields|Industry elites gathered———————————————🚀 Infinite innovation, unlimited 🔥 business opportunities
market shows BTC has fallen below $67,000, currently reporting at $66,987.51, with a 24-hour increase of 0.41%. The market is experiencing significant fluctuations, please be prepared for risk control.
the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.
According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment.
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