Backcom.io Global

💳 Market Perspective Through $INTC: Is the AI Bubble Repeating the Dot-com? As of May 05, 2026, $INTC is trading at 109.38 USD (+15.77% in 24h). However, the long-term monthly chart shows concerning signs. 🖤 1995-2001 Period: Intel exploded during the Dot-com Bubble, then collapsed -82.7%. Followed by 17 years of sideways trading (15-35 USD). 🖤 2020-2025 Period: Strong surge thanks to AI hype, reaching 91.63 USD (+511%). The chart is now marking “AI BUBBLES?” with a red zone “CRASH?” ahead. 🖤 Comparison by Era 🖤 Dot-com: Intel was the CPU KING → Direct beneficiary 🖤 AI Cycle: Intel is lagging behind Nvidia, TSMC, Broadcom 🖤 Current Positive Points 🖤 Strong rebound 🖤 Heavy investment in 18A & Foundry 🖤 Potential orders from Microsoft, Amazon 🖤 Existing Risks 🖤 Foundry business still heavily loss-making 🖤 Fierce competition 🖤 Valuation no longer cheap if AI capex slows The monthly chart is flashing a warning — Intel may be at the end of a bubble cycle, but this time it is not the leader like before. Intel remains a solid blue-chip, but risk-reward needs careful consideration in the AI era! @BackcomGlobal

📊 Phong Le, CEO of Strategy, said the company is willing to consider selling Bitcoin in the future if it helps increase Bitcoin value per share for shareholders. 📌 According to him, options such as selling part of its BTC holdings for USD or restructuring debt could be considered if they provide long-term benefits for the company and investors. 👉 The comments come as Chairman Michael Saylor recently hinted at the possibility of selling BTC to pay dividends, sparking renewed debate within the community over the famous “never sell” philosophy.

🌐 Bybit Quest — Learn Perp Protect, Get 25 USDT Bybit Quest has a new deal for you guys — register and fill out the form for a chance to win rewards! 🗓 Time: 04/05 - 10/05/2026 👉 JOIN THE EVENT 👈 💵 Rewards: Top 20 receive 25 USDT each 👇 Answer Here, bros!

1. What is Perp Protect on Bybit? - An automated risk management tool that hedges positions by acquiring options contracts 2. What type of option does Perp Protect acquire for a long Perpetual position? - A put option 3. Which account type and margin mode are required to use Perp Protect? - Unified Trading Account (UTA) in Cross Margin mode 4. Which of the following is a supported Perp Protect trading pair? - SOLUSDT 5. How do you access Perp Protect from the trading interface? - Click on the shield icon next to your active Perpetual position in the Positions tab 6. What does the system evaluate when generating a Perp Protect recommendation? - Your leverage, initial margin and current market price 7. What does the protection range in Perp Protect represent? - The strike price level at which compensation is triggered 8. At what time do all Perp Protect expirations occur? - 12:00 PM UTC on the selected date 9. How is the settlement price for Perp Protect calculated? - Based on the average index price during the 30 minutes prior to compensation time 10. What happens to your Perp Protect options contract if your Perpetual position is liquidated? - The options contract remains valid until compensation time 11. How does Perp Protect differ from a stop-loss order? - Perp Protect maintains your market exposure throughout the protection period while stop loss closes the position 12. What happens to your Perp Protect coverage if you change your position size after purchase? - Coverage remains based on the original position size at the time of purchase 13. Is the Perp Protect premium refundable? - No, the protection fee is nonrefundable once activated 14. What is the compensation formula for a long position protected by Perp Protect? - Payout = Max {0, (strike price − settlement price)} × position size − options premium 15. What is the maximum loss a trader can incur from Perp Protect itself? - The premium paid at purchase

🟢 If you don't have a Bybit account yet, register HERE OR: Enter referral code: "VIPBACKCOM" when registering. 🟢 If you already have a Bybit account, please see the instructions in this article to receive a 50% refund on Bybit transaction fees. 🖤 ​​After registering your account, please enter and connect your Bybit UID at @BackcomOfficialBot to receive your Bybit payment back every Monday! @BackcomGlobal #BybitQuest #CryptoARK

🚨 Bitcoin From an On-Chain Perspective / THE 81.5K LEVEL IS THE DECISIVE THRESHOLD! Bitcoin is in a critical phase! ✅ The $81,500 base price level is currently the most important threshold. ✔️ If the daily candle closes above 81K → It will immediately turn into strong support, potentially pushing the price up to 87K - 92K in the near term. ❌ If it fails → The price will retest the realized price zone of the new capital inflow ~76K. On-chain data (age-band realized price + SOPR ratio) clearly shows this dynamic. 📊 Accompanying Charts

🖤 Realized price distribution by holder groups - Unrealized PnL - Exchange inflows/outflows

Currently, short-term holders & long-term holders are in a fierce “battle” around the 70K - 81K zone. Data source: CryptoQuant @BackcomTradingClub​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

🚨 Telegram officially takes over leadership of the TON network ✔️ After completing the first two phases—boosting network speed by 10x and reducing transaction fees to near zero—Pavel Durov has announced step 3 of the roadmap: Telegram will replace TON Foundation as the leading force behind The Open Network, while also becoming the network’s largest validator. 📊 Within the next 2–3 weeks, TON is expected to launch a new ton.org website, updated developer tools, and multiple performance upgrades, focusing on strengthening its technological edge. ⚡️ This marks step 3 in the 7-step plan titled “Make TON Great Again.” Following the announcement, $TON surged about 5% before pulling back.

🚨 What Could Trigger a Real Black Swan Event in 2026? After Q1 2026 results, two major risks are converging and could create a genuine “Black Swan” event: I. Private Credit Market Under Extreme Stress - Total size has ballooned past $2.1 trillion - BlackRock’s HLEND and Blackstone’s BCRED saw billions in withdrawal requests - Default rates surging: from 3-4% to 8-9%. Fitch reported 5.8% (12-month trailing), UBS warns it could hit 15% in a bad scenario - Many funds forced to gate redemptions or inject emergency capital - High-profile bankruptcies: First Brands, Tricolor, MSF (with fraud allegations) raising serious questions about true credit quality and valuations II. Massive AI CapEx Bubble - Big Tech (AMZN, MSFT, GOOGL, META) plans to spend a record $725 billion in 2026 on capital expenditures — +77% from last year’s record - AI revenue and profits are not keeping pace → Free Cash Flow turning negative, ROIC expected to drop sharply - Strong parallels with the telecom/dot-com capex peak in the late 1990s

CapEx AI = Massive capital expenditures by Big Tech on AI infrastructure (data centers, GPUs, power plants, cooling systems, etc.).

III. The Most Dangerous Intersection Private credit has 20-26% exposure to software & technology companies — exactly the sector most vulnerable to disruption by “agentic AI.” When these companies start defaulting en masse, the domino effect begins: Redemption wave → Forced sales of illiquid assets → NAV collapse → Contagion to banks, insurance companies, and retail investors now heavily exposed to private credit. The market is currently in a “slow bleed” phase. But this slow pace, lack of transparency, and high leverage is exactly what makes a classic Black Swan so dangerous — everyone sees the risks, but few believe it will explode in 2026. 👉 Key Things to Watch Closely - Private credit default rates in Q2 - Real AI monetization progress from Big Tech - Any liquidity crunch signals in BDCs (Business Development Companies) ❗️ History’s Reminder: When high leverage meets sudden technological disruption, the outcome is rarely “soft.” This is not doom-mongering — it’s a data-driven warning. Prepare your mindset and portfolio for the worst-case scenario. @BackcomGlobal

💥 Oil surges, crypto drops as Iran signals no willingness to negotiate According to Fars News Agency, the naval forces of the Islamic Revolutionary Guard Corps (IRGC) have released a map outlining their strategic control zone in the Strait of Hormuz. ⏸ Defined scope: 🖤 West: from Qeshm Island (Iran) extending to Umm Al Quwain (UAE) 🖤 East: from Mobarak Mountain (Iran) stretching to Fujairah (UAE) 📈 Oil prices immediately surged past $111, while Bitcoin reversed and dropped sharply.

🚨 NORTH KOREA OFFICIALLY RESPONDS TO CRYPTO HACKING ALLEGATIONS Since 2017, the United States, the United Nations, and various blockchain organizations have repeatedly presented on-chain evidence accusing North Korea of being behind roughly $6B in stolen crypto, allegedly used to fund its nuclear program. ❌ However, in a rare move, North Korea has officially denied all allegations, calling them “groundless slander” spread by pro-U.S. media. A spokesperson from its Foreign Ministry even mocked the U.S. — a country with top-tier cyber capabilities — for claiming to be the biggest victim. 📊 Key figures: 🖤 2020–2021: under 10% of hacks attributed to North Korea 🖤 2025: surged to 64% 🖤 Early 2026: accounted for 76% of total global losses 🔖 Two largest recent incidents: 🖤 KelpDAO: ~$292M 🖤 Drift: ~$285M

💰 WEEKEND TRADFI SPIN - SHARE $80,000 PRIZE POOL Exclusive rewards just for new users! 💵 🗓 Event period: Until 11/05/2026 👉 CLICK TO SPIN THE WHEEL NOW 👈 Just complete the basic tasks to get your spin turns 🤑 Prize value up to 01 XAUT token 🔀 If you don’t have a BingX account yet, you can register using LINK HERE OR: Enter the referral code DEQWVRIS during registration to receive 50% trading fee cashback on BingX directly to your account. After completing the registration, please connect with @BackcomOfficialBot to receive the trading fee rebates from all exchanges. 📱 Watch the guide on how to check whether your account is linked to a referral code 📱 Watch the guide on how to transfer KYC here @BackcomGlobal

🚫 Iran issues a 14-point “ultimatum,” aiming to end the war within 30 days According to Tasnim News Agency and Fars News Agency, Iran has submitted a new negotiation proposal to the U.S. via Pakistan as a mediator, in response to Washington’s earlier 9-point proposal. 📌 Key highlights of Iran’s proposal: 🖤 Shortened timeline: Instead of a 2-month ceasefire, Iran demands a full resolution of the conflict within 30 days. 🖤 Complete end to the war: Rejects any “temporary truce” that could lead to renewed conflict later. 🖤 Calls for a full U.S. military withdrawal, along with the removal of blockades and sanctions. 🖤 Demands compensation for damages and the release of frozen assets. 🖤 Seeks a long-term peace framework, including a joint management mechanism for the Strait of Hormuz. ❌ However, Donald Trump quickly rejected the proposal, stating that the terms are “not sufficient” given what Iran has done over the past 47 years. He also signaled that the U.S. could continue airstrikes in the near future.

💵 Tether Announces Q1/2024 Financial Report: Record Profits! 📊 Tether has released its Q1/2024 attestation report, showcasing impressive figures that further solidify its leading position in the stablecoin market. ✨ Net profit reached $4.52 billion – a record high for a single quarter. Around $1 billion came from core operations (mainly interest from U.S. Treasury holdings), while the remaining ~$3.52 billion was driven by gains in its investment portfolio, including Bitcoin and gold. 🛡 Shareholder equity (Net Equity) hit $11.37 billion – disclosed for the first time, marking a significant increase from $7.01 billion at the end of 2023. 🏦 Reserves remain robust: Tether currently holds over $90 billion in U.S. Treasury bonds (both directly and indirectly). Additionally, excess reserves increased by $1 billion, bringing the total to nearly $6.3 billion to further back Tether USDt. 📈 Rapid expansion: In Q1, Tether issued an additional $12.5 billion worth of USDT, pushing its total market capitalization past $110 billion.

💥 The Federal Reserve has kept interest rates unchanged for the third consecutive meeting In its latest policy meeting, the Fed decided to maintain rates at 3.5% – 3.75%, marking the third straight pause following last year’s rate cuts. 📌 Key reasons from the Fed: 🖤 The economy remains resilient, but inflation is showing signs of re-accelerating 🖤 The labor market is largely flat, with slowing job growth 🖤 External risks are rising, particularly Middle East tensions, putting pressure on energy prices and complicating the inflation outlook 📉 Market reaction: 🖤 Gold & Silver dropped more than 1% as the USD strengthened and rate-cut expectations were pushed back 🖤 U.S. equities declined across the board, with major indices like the S&P 500, Nasdaq, and Dow Jones turning red amid concerns that the Fed’s pivot may come later than expected ⭐️ Outlook: The Fed still signals the possibility of one rate cut later this year, but emphasizes that all decisions will remain data-dependent going forward.

🚨 Fed Interest Rate Decision & FOMC Statement – Upcoming 🔴 Time: 06:00 PM, April 29, 2026 (UTC) About 30 minutes later, the FOMC will hold a press conference, typically the most hawkish and volatile moment Rate Decision Expectations (April 29, 2026) 🖤 Hold at 3.75%: 98.9% 🖤 Cut by 25 bps (0.25%): 1.1% Stay sharp around the release time — this is when volatility usually spikes. @BackcomGlobal

🚨 Fed Interest Rate Decision & FOMC Statement – Upcoming 🔴 Time: 06:00 PM, April 29, 2026 (UTC) About 30 minutes later, the FOMC will hold a press conference, typically the most hawkish and volatile moment Rate Decision Expectations (April 29, 2026) 🖤 Hold at 3.75%: 98.9% 🖤 Cut by 25 bps (0.25%): 1.1% Stay sharp around the release time — this is when volatility usually spikes. @BackcomGlobal

📈 Wintermute Market View – Week 4, April 2026 US equities (S&P 500 & Nasdaq) have reached new all-time highs, crude oil surged 15% in the week, yet US consumer confidence dropped to a record low of 49.8 — even lower than during the 2008 financial crisis and COVID. 🖤 US–Iran negotiations collapsed over the weekend, while the Strait of Hormuz blockade continues, signaling escalating geopolitical tensions. Bitcoin holds firmly above $76K, with ~$2B in ETF inflows over 8 consecutive days, and exchange reserves at a 7-year low. Shorts have been heavily squeezed — a “disbelief rally” that keeps grinding higher. 🖤 Macro Outlook: AI capital expenditure (AI CapEx) is increasingly absorbing energy costs. Markets may be front-running a potential deal — or simply becoming complacent. 🖤 Key Events This Week: FOMC meeting + MAG7 earnings will be decisive

(MAG7 earnings = quarterly results of the 7 largest US tech companies.)

🖤 Crypto Overview: 🖤 The rally is widely doubted, yet institutional players (funds, financial firms, ETFs) are aggressively accumulating 🖤 Bitcoin continues its steady uptrend, while altcoins are starting to move independently 👉 Keep a close eye on high-yield spreads and overall market breadth Source: Wintermute – OTC Desk @BackcomGlobal

💰 BingX Is Now Offering Trading on Gold, Forex, and Indices With Zero Fees If you frequently trade Forex, it’s worth checking out 🗓 Promotion period: until July 31, 2026 In addition, BingX has introduced an automatic rebates mechanism of up to 50%. If you sign up through our partner link, rebates will be credited automatically to your BingX account daily at around 6:00 PM (UTC) 🔀 If you don’t have an BingX account yet 🖤 Register using LINK HERE OR: Enter the referral code “DEQWVRIS” when signing up 🔀 If you already have an BingX account Check account conversion GUIDE HERE 🖤 Enter your information in Backcom Bot or Backcom App to receive cashback on BingX trading fees. @BackcomGlobal

🔥 USD.AI ($CHIP) Is Now Available On Binance HODLer Airdrops Users who staked BNB in Simple Earn or On-Chain Yields from 07:00 Mar 13 to 06:59 Mar 15 will receive the airdrop from Binance into their Spot accounts within the next 5 hours 🟢 USD.AI ($CHIP) Details: Max supply: 10,000,000,000 HODLer airdrop allocation: 25,000,000 Circulating supply at Binance listing: 2,000,000,000 (20% of total supply) 👉 HODLer Airdrops details HERE If you don’t have a Binance account yet 🛒 🖤 Sign Up Now| Referral code: BCVIP Backcom benefits: 20% automatic rebate daily + 20% rebate every Monday via Backcom Bot 🖤 After registering, connect your Binance UID at @BackcomOfficialBot or Backcom App to receive the remaining 20% fee rebate every Monday @BackcomGlobal

🇯🇵 BOJ updates its latest policy stance: 🔹 BOJ decided to keep interest rates unchanged at 0.75%, in line with market expectations 🔹 At the same time, it cut its economic growth forecast for fiscal year 2026 to 0.5%, down from the previous 1% 🔹 On the other hand, core inflation was revised up to 2.8%, from the earlier estimate of 1.9%

🇯🇵 Ngân hàng Trung ương Nhật Bản (BOJ) updates its latest policy stance: 🔹 BOJ decided to keep interest rates unchanged at 0.75%, in line with market expectations 🔹 At the same time, it cut its economic growth forecast for fiscal year 2026 to 0.5%, down from the previous 1% 🔹 On the other hand, core inflation was revised up to 2.8%, from the earlier estimate of 1.9%

🔥 Bybit Quest - Answer the Question and Earn 25 USDT The answers are already provided, you just need to fill out the form 😄 🗓 Time: April 27 → May 3, 2026 👉 JOIN THE EVENT 👈 💵 Top 20 receive 25 USDT each 👉 Simple tasks, learn and earn rewards at the same time. 🟢 The answer (15/15 points) is in quote below, guys!

1. What type of options does Bybit offer? Answer: European-style options 2. What is Portfolio Margin (PM) mode designed to do on Bybit? Đáp án: Optimize margin requirements based on overall portfolio risk 3. In Bybit Options, what currency are all contracts settled in? Answer: USDT 4. Which of the following underlying assets is NOT available for Bybit Options trading? Answer: ADA 5. What are the three trading interfaces Bybit offers for options? Answer: Discover, Easy, Pro 6. In a delta hedging strategy, what does a trader use to offset directional risk from selling an option? Answer: A corresponding Perpetual contract position 7. What is the taker fee rate for Bybit Options at VIP 0 level? Answer: 0.0300% 8. In a bull spread strategy, what does the trader do? Answer: Buy a call with a lower strike price and sell a call with a higher strike price 9. What happens when a European-style option expires in-the-money (ITM) on Bybit? Answer: The option is automatically exercised and cash-settled 10. What is the short strangle strategy? Answer: Selling an OTM call and an OTM put with the same expiration but different strike prices 11. How often does Bybit's dynamic delta hedging (DDH) tool adjust your portfolio's delta? Answer: Every 6 seconds 12. What is the delivery fee rate for BTC and ETH options on Bybit? Answer: 0.015% 13. Which options contract type does NOT incur delivery fees on Bybit? Answer: Daily options 14. How is the settlement price for Bybit European-style options determined? Answer: The average index price 30 minutes before expiration 15. In Bybit Easy Options, what does the 'Profit if it rises' selection correspond to? Answer: Buying a Call option

🟢 If you don't have a Bybit account yet, register HERE OR: Enter referral code: "VIPBACKCOM" when registering. 🟢 If you already have a Bybit account, please see the instructions in this article to receive a 50% refund on Bybit transaction fees. 🖤 ​​After registering your account, please enter and connect your Bybit UID at @BackcomOfficialBot to receive your Bybit payment back every Monday! @BackcomGlobal