Backcom.io Global

🤩 RIPPLE SECURES FULL CASP LICENSE IN LUXEMBOURG ✅ Ripple has officially received a full Crypto-Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) under the European Union’s MiCA regulatory framework. 👇 Why this matters:

🟣 It allows Ripple to legally provide crypto payment services and treasury management solutions across all 30 countries in the European Economic Area (EEA). 🟣 This marks the completion of Ripple’s MiCA compliance process, following its preliminary approval in June. 🟣 The license could significantly accelerate the expansion of Ripple Payments, the RLUSD stablecoin, and blockchain solutions for banks and enterprises.

A positive development for Ripple as Europe continues to strengthen and clarify its crypto regulatory framework! @BackcomGlobal

🇺🇸 TRUMP’S BITCOIN RESERVE PLAN IS RUNNING INTO TROUBLE 🇺🇸 The U.S. Treasury Department and the Commerce Department are reportedly locked in a dispute over who should manage the Strategic Bitcoin Reserve.

🟢 According to Bloomberg, both departments want legal control over the reserve. 🟢 The jurisdictional battle is creating a major obstacle to implementing the national Bitcoin reserve established under an executive order signed by President Donald Trump.

This marks a significant internal setback, despite Trump’s pledge to make the United States the “crypto capital of the world.” The Justice Department is reportedly helping clarify which agency has the legal authority. @BackcomGlobal

🔥🔥🔥 IRAN ACCUSED OF FIRING MISSILES AT COMMERCIAL SHIPS IN THE STRAIT OF HORMUZ 🏙 According to Axios, citing U.S. officials, Iran’s Islamic Revolutionary Guard Corps (IRGC) fired at least two missiles at commercial vessels passing through the Strait of Hormuz today, July 7. 🔴 Damage: Two ships were reportedly hit and sustained significant damage, including Qatar’s Al Rekayyat LNG carrier, which caught fire. No casualties were reported. ⚠️ Any further escalation in the Strait of Hormuz — a key route carrying around 20% of global oil supplies — could trigger sharp volatility in energy prices and risk assets such as crypto and stocks. @BackcomGlobal

🪙 TOM LEE KEEPS ACCUMULATING ETH — NOT A SINGLE WEEK MISSED! 🟢 Bitmine just bought another 42,197 ETH, worth approximately $73–74 million, over the past week, pushing its total holdings to more than 5.74 million ETH — equivalent to roughly 4.8% of Ethereum’s total supply. Its current average purchase price is around $3,374 per ETH. 🟢 Despite currently sitting on a massive unrealized loss of approximately $9 billion, Tom Lee and Bitmine continue to maintain their unwavering conviction in Ethereum. The “Alchemy of 5%” strategy is still being aggressively executed. 🟢 Recently, Bitmine has also become more deeply involved in the Ethereum ecosystem by investing in two new Ethereum organizations: EthLabs, focused on research and development, and Ethereum Institutional, which aims to accelerate adoption among major institutions. Strong HODL conviction or an extremely high-risk strategy? 😫😫😫 The market is closely watching every move made by this crypto giant. @BackcomGlobal

🌎 FED CHAIR KEVIN WARSH: “THE WORLD IS CHANGING TOO FAST — THE FED MUST REFORM!” 🖤 He emphasized that the Federal Reserve needs to reassess its entire approach to monetary policy, banking supervision, financial regulation, and payment systems. Warsh described himself and his colleagues as “reformers,” ready to embrace change instead of preserving the old model. 🔴 He compared the current period to the 2008 financial crisis and the COVID era. Despite the risks, Warsh remains optimistic: the U.S. has an opportunity to achieve strong growth if the Fed prioritizes bringing inflation under control before making aggressive interest-rate cuts.

👉 Implication: Interest rates could remain higher for longer, while regulatory and payment-system reforms are pushed forward to build a stronger economic foundation over the long term.

A more reform-driven Fed is gradually taking shape. Financial markets and the crypto sector need to watch these developments closely. @BackcomGlobal

🙂 TRUMP: “I’M A BIG FAN OF CRYPTO!” 🏙 President Donald Trump has once again strongly affirmed that he is a “big crypto guy” and a major supporter of the cryptocurrency industry. 👇 Why?

🟢 Crypto has become a massive global industry, attracting millions of supporters. 🟢 More importantly, it is part of the strategic competition with China. Trump emphasized: “If the U.S. doesn’t do it, China will do it immediately” — similar to the ongoing race in artificial intelligence.

✔️ He said the United States must maintain absolute leadership in crypto, or risk falling behind its rivals. “Crypto is a big deal, and we are number one!” ⚡️ With China recently updating its regulatory framework for real-world asset tokenization (RWA), Trump’s message has become even more significant. Crypto is no longer just an investment — it is also a race for technological and geopolitical dominance. @BackcomGlobal

💰 PUMP, HYPE, AND APT ARE SET FOR MAJOR TOKEN UNLOCKS

🖤 Pump.fun (PUMP): Unlocking 82.5 billion tokens, equal to approximately 29.23% of the circulating supply, with an estimated value of around $125 million. 🖤 Hyperliquid (HYPE): Unlocking 452,000 tokens, representing roughly 0.2% of the circulating supply, worth an estimated $30.9 million. 🖤 Aptos (APT): Unlocking 11.31 million tokens, equivalent to about 0.66% of the circulating supply, with an estimated value of $6.9 million.

❗️ The most notable unlock this week is PUMP, due to its large scale and the potential selling pressure it could create. Investors should closely monitor the price reaction. @BackcomGlobal

🤓 CZ SPEAKS OUT AMID THE MEMECOIN FOMO WAVE ON BNB CHAIN 💰 After several CZ-inspired memecoins surged sharply, CZ posted a clear statement:

🟣 He does not hold any memecoins 🟣 He does not know the specific details of each token 🟣 He is simply engaging positively with the community and supportive people

“May the best memes win! #BNB” ✨ Can we really take CZ at his word? Either way, be careful not to get caught up in FOMO! 😄😄😄 @BackcomGlobal

🔥 Michael Saylor's Straegy announced the sale of 3,588 Bitcoin worth $225 million, equivalent to an average price of approximately $62,709 Michael is being foolish again with his grandpa 😭 @BackcomGlobal

🔴 U.S. ECONOMIC CALENDAR (UTC) WEEK 01 – JULY 2026 This week, the market’s main focus will be on U.S. services activity, international trade, the labor market, and the FOMC meeting minutes. Key events to watch: 🖤 02:00 PM, Monday: ISM Services PMI – June 🖤 03:00 PM, Monday: Fed Governor Christopher Waller Speaks 🖤 05:30 AM, Tuesday: Trade Balance – May 🖤 02:30 PM, Wednesday: EIA Crude Oil Inventories 🖤 06:00 PM, Wednesday: FOMC Minutes from the June 16–17 Meeting 🖤 12:30 PM, Thursday: Initial Jobless Claims 🖤 02:00 PM, Thursday: Existing Home Sales – June 🖤 Current probabilities for the Fed’s upcoming interest-rate decision on July 29 (UTC), according to Kalshi:

No change: 89% 25 bps rate hike: 11% 25 bps rate cut: <1%

View News Sources Wishing everyone a successful trading week! 😎 @BackcomGlobal #EconomicCalendar

🇺🇸 TRUMP TO MEET ZELENSKY, THEN HOLD A CALL WITH PUTIN

🔴 According to Reuters, President Donald Trump is expected to meet Ukrainian President Volodymyr Zelensky on July 8 on the sidelines of the NATO Summit in Ankara, Turkey. 🔴 The two leaders are expected to discuss possible solutions to end the war in Ukraine. 🔴 Following the meeting, Trump may hold a phone call with Russian President Vladimir Putin in an effort to advance the peace negotiation process.

If it takes place, this would mark an important sequence of diplomatic engagements that could significantly influence market sentiment and geopolitical developments in the coming period. @BackcomGlobal

🔷 ETHEREUM DOMINATES THE STABLECOIN MARKET WITH 87% OF TOTAL SUPPLY

✅ Ethereum’s share of the stablecoin market remains overwhelmingly dominant compared with other blockchains. ✅ The 87% figure is based on the amount of stablecoins currently in global circulation, including USDT, USDC, and other stablecoins. ✅ Ethereum continues to reinforce its position as the primary home for stablecoins, significantly outperforming Solana, Tron, and other chains.

➡️ This dominance further strengthens ETH’s central role in the DeFi ecosystem and stablecoin payments. @BackcomGlobal

🇺🇸 THE U.S. OFFICIALLY ISSUES DOLLAR BILLS FEATURING PRESIDENT TRUMP’S SIGNATURE 🖤 This marks the first time in U.S. history that the signature of a sitting president has appeared on American paper currency. 🟣 The U.S. Treasury Department issued the new series to commemorate the 250th anniversary of the founding of the United States, also known as the Semiquincentennial. 🟣 The new banknotes, including the $100 bill, have reportedly entered production and circulation. President Trump’s signature replaces that of the U.S. Treasurer, while the portrait of Benjamin Franklin remains unchanged. 🟣 The move is being presented as a tribute to President Trump and his economic leadership. @BackcomGlobal

🪙 MICHAEL SAYLOR: BITCOIN WILL BECOME PART OF THE GLOBAL FINANCIAL SYSTEM 📈 Michael Saylor continues to share an extremely bullish outlook on Bitcoin’s future: ✅ Major technology companies such as Apple, Google, Microsoft, and Amazon could integrate Bitcoin into their products, allowing users to store BTC directly on smartphones and personal devices. ✅ Banks could offer custody, trading, and lending services with Bitcoin used as collateral. ✅ Insurance companies could develop more Bitcoin-related products and services. ✅ More families may begin viewing Bitcoin as a long-term savings account or store of value. ✅ Businesses around the world could use Bitcoin to raise capital, expand operations, and drive innovation. 🖤 According to Saylor, wider Bitcoin adoption could help support economic growth and spread prosperity globally. ❗️ However, this remains Michael Saylor’s personal forecast and opinion, not an officially confirmed plan from major technology companies or financial institutions. Talking about Bitcoin as the future is one thing — but when cash is needed, selling a little is still perfectly normal. 😄😄😄 @BackcomGlobal

💰 BITCOIN APPROACHES $64K TO KICK OFF THE NEW WEEK 📈 After closing June near $57K, Bitcoin (BTC) has rebounded strongly, gaining around 10% over the past week. It is now trading close to the $63K–$64K range, supported by expectations that the Fed will keep interest rates unchanged. 🗓 This week has relatively few major events:

🟢 Tonight: The market will continue watching the next move from Michael Saylor and MicroStrategy. 🟢 Wednesday, July 8: Trump is expected to meet Zelensky in person on the sidelines of the NATO Summit, following a phone call with Putin. The main sticking point remains Donbas, with Russia seeking full control of the region. 🟢 1:00 AM on July 9: The Fed will release the minutes from last month’s FOMC meeting. No major policy shift is expected, but the minutes may reveal more details about internal discussions following the decision to hold interest rates steady.

BTC is currently testing the key $64K resistance level, while market sentiment is improving on the back of a more supportive macroeconomic outlook. @BackcomGlobal

🔥 Michael Saylor Drops Hint to Buy More Bitcoin

🖤 "Bitcoin is Digital Energy."

Bitcoin is the lifeblood of digital technology 😄 🟠 Strategy currently holds 847,363 BTC With a total market capitalization of approximately $64.10 billion, this is equivalent to an average price of $75,651/BTC. With Bitcoin currently priced around $62,669, Strategy's BTC holdings are worth approximately $53.10 billion. 🖤 ​​Unrealized losses amount to approximately $11 billion, equivalent to -17.2%. The total amount of Bitcoin Strategy currently holds accounts for approximately 4.04% of the maximum supply of 21 million BTC 🍔 @BackcomGlobal

🔥 ETORO INVESTS IN ONCHAIN DERIVATIVES EXCHANGE, ACCELERATING ITS DEFI STRATEGY! 📈 Digital brokerage firm eToro has led a $12.5 million funding round for Extended, an onchain exchange offering perpetual futures trading entirely on the blockchain. 🌟 Key highlights about Extended: 🖤 Founded by former Revolut employees from the London-based fintech company. 🖤 Processed more than $245 billion in trading volume as of June. 🖤 Supports over 100 perpetual futures markets. ➡️ The investment marks a strategic move in the growing competition among digital brokerages to bring blockchain-based trading closer to mainstream investors. Meanwhile, Robinhood has also launched its own blockchain and expanded its range of onchain products.

The boundaries between traditional brokerages, crypto exchanges, and derivatives markets are becoming increasingly blurred, moving toward an all-in-one trading model available 24/7.

🔥 The DeFi trend is heating up rapidly! @BackcomGlobal

👍 NEARLY 1 MILLION INVESTORS SUFFERED HEAVY LOSSES ON $TRUMP MEMECOIN 🖤 According to The New York Times & Nansen:

🟣 988,905 wallets lost a total of $3.81 billion after buying $TRUMP. 🟣 In contrast, around 500,000 wallets made profits of ~$4 billion, but mostly those who entered very early.

✔️ Meanwhile, President Trump’s 2025 financial disclosure shows he pocketed $636 million just from this memecoin. 😎 $TRUMP launched just 3 days before the inauguration (01/2025) and was officially acknowledged by Trump. However, the price is now only ~$1.77, down 97% from its all-time high. A classic story of high-risk memecoins: “Early buyers win big, latecomers lose heavy!” 😫😫😫 @BackcomGlobal

🇺🇸 THE US "DOMINATES" THE WORLD IN BITCOIN HOLDINGS 📉 According to the latest data:

🟢 The US government currently holds 328,372 BTC — 2.8 times more than the total Bitcoin held by all other countries combined. 🟢 Most of this BTC comes from asset seizures and law enforcement actions.

📸 The comparison image clearly shows the massive gap between the US "whale" and other nations including the UK, UAE, China, El Salvador, and others. @BackcomGlobal

🇺🇸 CLARITY ACT — A MAJOR LEGAL TURNING POINT FOR CRYPTO IN THE US! 👉 The CLARITY Act is a proposed bill designed to establish a clear regulatory framework for digital assets and end overlapping regulatory authority. ✅ Key highlights:

🖤 Clear division of authority: The SEC would regulate digital assets classified as securities, while the CFTC would oversee digital commodities such as Bitcoin and potentially Ethereum, if sufficiently decentralized. 🖤 Crypto exchanges would be required to register, protect customer assets, improve transparency, and prevent fraud. 🖤 The bill would clearly distinguish speculative crypto assets from legally tokenized assets such as bonds and securities.

💥 Potential impact if passed:

✅ Blockchain companies would operate under a more transparent legal framework. ✅ Large financial institutions could enter the market more easily. ✅ Legal disputes could decline, helping attract more institutional capital. ✅ Bitcoin and Ethereum could gain stronger recognition as digital commodities.

🖤 Together with the GENIUS Act for stablecoins, the CLARITY Act could become a key part of the US strategy to lead the global crypto industry. @BackcomGlobal