Backcom.io Global

🌋 MEXC TRADFI GALA – REWARD POOL UP TO 1,000,000 USDT MEXC has launched the TradFi Gala event for bros trading TradFi Futures – where traditional assets such as tech stocks, semiconductor stocks, and more are brought into the crypto trading environment. 🪙 Total reward pool: 1,000,000 USDT ➡️ JOIN NOW AND CLAIM REWARDS ⬅️ In this event, bros can participate in multiple reward categories: 1️⃣ Welcome Power Reward – 50,000 USDT Deposit to get a chance to claim a $200 Position Airdrop and Treasure Lever plays. 2️⃣ Treasure Lever Frenzy – 300,000 USDT Get a chance to hunt for major rewards, including a Position Airdrop of up to 20,000 USDT. 3️⃣ TradFi Trading Rush – 650,000 USDT Trade TradFi Futures to unlock the reward pool based on trading volume. 💲 In addition, there is also a 0-Fee Trading Fest for selected pairs such as:

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🥲 BINANCE OFFICIALLY ENTERS THE PHILIPPINES! 🏙 According to the announcement from Yi He (Binance), Binance has officially entered the Philippine market through its partner BlockShoals Technologies.

🟡 The Philippine Securities and Exchange Commission (SEC) has granted final approval for BlockShoals to test financial products under the Strategic Sandbox (Stratbox). 🟡 BlockShoals will partner with Binance (as the global CASP partner) to provide crypto-asset services to Philippine users. 🟡 The initial testing phase will last 90 days, after which full implementation will proceed if successful.

The Philippines is one of the largest crypto markets in Southeast Asia. This move helps Binance expand legally and accelerate growth in the region. @BackcomGlobal

🇺🇸 TRUMP: OIL PRICES PLUMMETING FAST, GAS PRICES WILL CONTINUE TO DROP! 📰 President Donald Trump just posted that oil prices are plummeting quickly and gas prices at the pump are also falling, though not as fast as expected. ✔️ Key Highlights:

🖤 The Freedom Fuel chain will lower gas prices at 25 stations in the Greater Philadelphia area (Pennsylvania) on July 3. 🖤 This is a move to celebrate America’s 250th Independence Day anniversary. 🖤 Trump called on other retailers to follow suit, emphasizing “they love the U.S.A.”

➡️ He affirmed that America is stronger than ever and gas prices will soon return to the record low levels Americans enjoyed before. 📍 Pennsylvania – the birthplace of the Declaration of Independence and an important “stronghold” for Trump. @BackcomGlobal

🇪🇺 EU REVIEWS MiCA AFTER 3 YEARS (MiCA 2.0) 🔴 Only after less than 3 years, the EU’s MiCA regulatory framework is being comprehensively reviewed. 🗓 The European Commission opened a public consultation on 20/05/2026, with deadline until 30/09/2026. ✔️ Reason: The market has changed too quickly. The original MiCA mainly focused on spot trading, now too narrow in the face of the stablecoin wave and asset tokenization (RWA). 🖤 Biggest issue: Stablecoin 🖤 Global market cap ~$311–316 billion 🖤 USD stablecoins account for 97–99% market share 🖤 Non-USD stablecoins only under 1% 🟡 The US has pulled ahead with the GENIUS Act (2025), while MiCA applies strict regulations (prohibits interest, transaction limits, complex procedures) → risk of hindering non-USD stablecoins and reducing the EU’s competitiveness. 🟡 This consultation focuses on stablecoin rules, tokenization, CASP framework and DeFi. The results could lead to major amendments in the near future. 👉 What do you think: Should the EU relax regulations to compete with the US or keep them strict to protect the euro? @BackcomGlobal

💵 OPEN USD BACKED BY MORE THAN 140 MAJOR COMPANIES, PUTTING PRESSURE ON USDT AND USDC 💲 Open USD (OUSD) — a new stablecoin supported by a consortium of more than 140 financial, technology, and crypto companies — is expected to launch later this year on Solana, Base, and several other blockchains. ❗️ Key highlights:

🖤 The partner list includes major names such as Visa, Mastercard, Stripe, BlackRock, Google, and Coinbase. 🖤 Businesses will be able to mint and redeem OUSD for free, with no volume limits. 🖤 Profits generated from reserve assets will be shared with partners, rather than being concentrated mainly in a single issuer. 🖤 Coinbase confirmed that OUSD will be integrated into Base, even though Coinbase has long been a key partner of Circle in the USDC ecosystem. 🖤 Following the announcement, Circle shares fell sharply as investors grew more concerned about rising competition in the stablecoin sector.

🖤 This is not just a battle between stablecoins. It also shows that Wall Street and Big Tech are moving deeper into blockchain infrastructure. After Spot ETFs, Bitcoin-based financial products, and now stablecoins, the line between TradFi and crypto is becoming increasingly blurred. Crypto companies will have to compete directly with corporations that already control massive capital, payment networks, and user bases. @BackcomGlobal

🪙 BITCOIN JUMPS BACK TO $62,000 AFTER WEAKER-THAN-EXPECTED US JOBS DATA 📈 The crypto market recovered strongly after the US June jobs report showed that the economy added only 57,000 jobs, significantly below expectations. 📌 Key points: 🟡 Bitcoin briefly returned to the $62,000 level, gaining around 3.5%. 🟡 Ethereum posted an even stronger rebound, while the total crypto market capitalization increased by tens of billions of dollars within just a few hours. 🟡 The sharp price movement triggered major derivatives liquidations over the past 24 hours, as positions betting against the trend were forcibly closed. 🟡 Weak employment data reduced market expectations that the Fed will raise interest rates in the near term, supporting sentiment toward crypto and other risk assets. ⚠️ However, the unemployment rate still fell to 4.2%, so this is not yet a clear signal that the Fed will shift toward monetary easing. ✔️ BTC is benefiting from expectations of a less hawkish Fed, but whether the recovery can continue will still depend on upcoming inflation data and ETF flows. @BackcomGlobal

🔷 ETHEREUM LAUNCHES A DEDICATED ORGANIZATION TO ATTRACT INSTITUTIONAL CAPITAL 🏙 Ethereum Institutional has officially launched as an independent nonprofit organization, aiming to help financial institutions access Ethereum and the wider on-chain ecosystem more easily. 📌 Key highlights: 🟡 It will serve as a neutral access point, connecting banks, investment funds, and businesses with Ethereum, Layer 2 networks, and related applications. 🟡 The founding team previously built institutional-focused initiatives at the Ethereum Foundation. 🟡 The organization will focus on five areas: institutional engagement, data research, communications, enterprise support, and events. 🟡 It is backed by BitMine, SharpLink, and Ethereum co-founder Joseph Lubin. ✅ This move shows that Ethereum is not only competing on technology, but is also building a specialized bridge to bring traditional finance onto blockchain infrastructure.

As stablecoins, RWAs, and asset tokenization continue to grow, Ethereum is strengthening its position as one of the leading infrastructures for institutional financial products.

@BackcomGlobal

😺 COULD OPENAI GIVE 5% OF ITS SHARES TO THE US GOVERNMENT? According to FT/Reuters, OpenAI has discussed the possibility of proposing to give the US government around 5% of its shares amid Washington's desire to more closely monitor strategic AI companies. 🖤 ​​This is not a share for Mr. Trump alone. 🖤 ​​The goal might be to "share the benefits of AI with the public." 🖤 ​​If this happens, it would be a huge signal that the US government wants to become more deeply involved in the AI ​​industry. 🖤 ​​For OpenAI, this move could help reduce political/legal risks. Is the lobbying done through stock options, guys? 😄 @BackcomGlobal

🪙 AMERICAN BITCOIN STOCK PLUNGES AHEAD OF REVERSE STOCK SPLIT TO AVOID NASDAQ DELISTING 🏙 American Bitcoin (NASDAQ: ABTC) — a Bitcoin mining company linked to the Trump family — is under heavy pressure as its stock falls to record lows ahead of a 1-for-15 reverse stock split. 🖤 After the market closes on July 2, every 15 existing ABTC shares will be consolidated into 1 new share. 🖤 The stock is expected to begin trading on a split-adjusted basis from July 6, while keeping the same ticker ABTC. 🖤 The number of outstanding shares will drop from more than 1 billion shares to around 73 million shares. 🖤 This move is commonly used to raise the nominal share price and help maintain Nasdaq listing requirements. 🖤 Pressure also comes from weak financial results, as American Bitcoin reported a loss of around $81.7 million in Q1/2026. ➡️ American Bitcoin still follows a strategy of both mining Bitcoin and accumulating BTC on its balance sheet, but the stock is being heavily affected by BTC price movements, mining costs, and market sentiment toward crypto-related stocks.

ABTC is entering a very sensitive phase. A reverse split may help the company maintain its listing status, but it does not solve the core issues: profitability, investor confidence, and the health of the Bitcoin mining market.

@BackcomGlobal

🤑 OKX WORLD CUP OUTCOMES – GET 50 FREE XP NOW! 🖤 The 2026 World Cup is heating up, and OKX is bringing the completely free Outcomes event, where users can predict match results and earn Bitcoin rewards. 🎁 Exclusive community offer: ✅ Get 50 free XP per user — available to both new and existing users — when registering through the community link. 👉 REGISTER NOW Enter your OKX UID in the form. In the Affiliate ID field, enter the code “VIPBACKCOM”. ✅ How to make predictions on OKX:

🖤 Open the OKX app → go to Outcomes 🖤 Use XP to select the team you think will win each match 🖤 The more accurate your predictions, the more XP you can accumulate — increasing your chances of earning Bitcoin rewards from the prize pool

◻️ If you don’t have an OKX account yet 🟢 Register using LINK HERE OR: Enter the referral code “VIPBACKCOM” when signing up to receive 50% trading fee rebates on OKX 🟢 If you need support with any fee rebate issues, message Admin @jacklambo for assistance ❗️ Outcomes is for entertainment purposes only and uses free XP. No deposit or real-money trading is required. Rewards depend on your accumulated XP and leaderboard ranking. @BackcomGlobal

❤️ [EVENT] BTC JULY FEAST ⭐ Time: July 1 – July 30, 2026 🎁 Prize Pool: $500,000 👉 JOIN NOW! ➡️ Rules:

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🔀 If you don’t have an account yet, register HERE (Prerequisite) OR: Enter referral code "DEQWVR0B" when creating your account to receive trading fee cashback

🖤 Mechanism: Automatic 50% daily trading fee rebate

⚪️ If you already have an account but haven’t received trading fee cashback yet, message Admin @TM_Backcom for support ⚠️ Event information is for update purposes only and does not constitute investment advice. @BackcomGlobal

📈 MARKET EXPECTATIONS FOR A POSSIBLE FED RATE HIKE IN 2026 ARE RISING SHARPLY 🏦 After the latest FOMC meeting, the Fed under Chair Kevin Warsh kept interest rates unchanged, but new signals suggest that the possibility of a rate hike in 2026 is gaining market attention again. 🖤 The Fed is currently keeping rates in the 3.50%–3.75% range. 🖤 Some internal projections suggest that rates could move higher before year-end if inflation does not cool fast enough. 🖤 Warsh continues to emphasize the goal of bringing inflation back to 2%, showing that the Fed is not ready to “ease” too early. 🖤 This could cause risk assets such as crypto, stocks, and gold to see strong volatility around CPI data, jobs reports, and Fed speeches.

The market is shifting from expecting “the Fed may cut soon” to worrying that “the Fed may still raise rates.” This is something traders should watch closely in the coming period.

Not sure if Warsh will “make a U-turn” later, but the market is already getting nervous. 😄😄😄 @BackcomGlobal

🔴 U.S. Economic Calendar – Thursday (UTC) Week 01 – July 2026 Specifically, today will be a day with multiple key economic indicators released at the same time: 12:30 PM (UTC) 👍 Brothers, keep an eye on the news to manage your positions proactively! The key focus tonight is whether the U.S. labor market is only cooling slightly or starting to weaken for real.

🖤 If NFP and wage growth come in stronger than expected, the Fed may remain more hawkish, putting pressure on gold, crypto, and tech stocks. 🖤 On the other hand, moderately weaker data could support expectations of policy easing.

🖤 But if the data is too weak, the market may shift its focus toward concerns over economic slowdown and enter a risk-off mode. 🖤 Current probabilities for the Fed’s upcoming rate decision on July 29 (UTC), according to Kalshi:

No change: 81% 25 bps hike: 19% 25 bps cut: 2%

Source @BackcomGlobal #EconomicCalendar

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🖤 Customers who register through this link will receive 100% Backcom when trading. 🖤 Mechanism: 45% × Spread

❗️ VC points are only used for gift redemption, cannot be converted into cash, and apply only to eligible accounts. 🟢 For those who already have a Vantage account, please message @TM_Backcom for support. CFD trading involves high risk, and your capital may be lost. Please read the T&C carefully before participating. @BackcomGlobal

🤖 CHIP STOCKS SURGE, MICRON - INTEL - AMD ADD AROUND $2 TRILLION IN MARKET CAP 📈 The semiconductor sector just recorded a historic quarterly rally as capital continues to flow into the AI infrastructure narrative. 🟡 Micron led the rally with a gain of more than 240% during the quarter, driven by strong demand for AI memory and data centers. 🟡 Intel rose around 216%, showing that investor capital is expanding beyond Nvidia into other chip stocks. 🟡 AMD gained around 186%, with its market cap approaching the $1 trillion mark and the stock reportedly hitting new highs. 🟡 In total, Micron, Intel, and AMD added around $2 trillion in market capitalization in Q2/2026.

The AI boom is far from cooling down. Investors are no longer looking only at Nvidia, but are also expanding into memory, CPUs, GPUs, and semiconductor infrastructure powering AI.

⚠️ However, after such a sharp rally, chip stocks could also see strong volatility if AI expectations get repriced. @BackcomGlobal

💲 NEW FINANCIAL DISCLOSURE REVEALS TRUMP’S MASSIVE CRYPTO PORTFOLIO 📈 According to newly released financial disclosures, President Donald Trump is generating significant income from crypto-related activities. 🖤 Trump reported more than $1.4 billion in income from crypto ventures over the past year. 🖤 A major source of revenue came from World Liberty Financial, including token sales and proceeds from selling part of his stake in the company. 🖤 He also reported around $635 million in licensing/royalty income from a Trump-branded memecoin. 🖤 The filing shows Trump holds multiple digital assets, including more than $50 million in Bitcoin, $5–25 million worth of Ethereum, and $5–25 million in USDC. 🖤 An ETH staking position on Coinbase was also reported to have generated more than $510K in rewards. 💰 Vice President JD Vance also disclosed that he holds around $250K–$500K worth of Bitcoin.

❗️ These figures are fueling major debate over conflicts of interest, especially as the Trump administration continues to pursue more crypto-friendly policies.

@BackcomGlobal

🔥🔥🔥 TRUMP’S FORMER LAWYER ACCUSES HIM OF PROFITING FROM CRYPTO 🏙 Ty Cobb, a former White House lawyer under Donald Trump, has strongly criticized the crypto-related profits linked to Trump and his family. 🔴 According to Reuters, Trump reported more than $1.4 billion in income from crypto activities in his 2025 financial disclosure. 🔴 Major revenue sources came from projects such as World Liberty Financial and crypto products tied to the Trump brand. 🔴 Ty Cobb claims Trump is using pro-crypto policies to enrich himself and his family. 🔴 The White House denied the allegations, saying Trump does not directly manage his personal finances and that his crypto policies are aimed at promoting innovation in the US. ❗️ These are currently allegations and political/legal debates, not a court ruling.

Crypto is becoming a massive revenue source within the Trump ecosystem, but it is also triggering major controversy over conflicts of interest, policy decisions, and personal profits.

@BackcomGlobal

🔥🔥🔥 CIRCLE STOCK DROPS SHARPLY AFTER OPEN USD ANNOUNCEMENT 🔴 Circle, the issuer of USDC, came under heavy market pressure after Open USD was announced — a new stablecoin backed by more than 140 major companies, including Coinbase, Visa, Mastercard, Stripe, and BlackRock. 📌 Key points: 🖤 Open USD is operated by Open Standard, meaning it is not controlled by a single issuer. 🖤 Businesses can mint and redeem for free, with no volume limits. 🖤 Profits from reserve assets will be shared with partners, instead of being captured mainly by one issuer. 🖤 The biggest shock for the market is that Coinbase is also backing Open USD, even though Coinbase has long been a close partner of Circle in the USDC ecosystem. ➡️ This has raised investor concerns that Circle’s revenue model could face direct competition, especially if Open USD attracts large enterprise flows.

✅ Stablecoins are entering a new phase of competition. It is no longer just about who issues the larger token, but who controls distribution, liquidity, and reserve-generated profits.

❗️ Even a major player like Circle is starting to feel the pressure as both TradFi and crypto giants enter the game. @BackcomGlobal

🔥🔥🔥 CIRCLE STOCK DROPS SHARPLY AFTER OPEN USD ANNOUNCEMENT 🔴 Circle, the issuer of USDC, came under heavy market pressure after Open USD was announced — a new stablecoin backed by more than 140 major companies, including Coinbase, Visa, Mastercard, Stripe, and BlackRock. 📌 Key points: 🖤 Open USD is operated by Open Standard, meaning it is not controlled by a single issuer. 🖤 Businesses can mint and redeem for free, with no volume limits. 🖤 Profits from reserve assets will be shared with partners, instead of being captured mainly by one issuer. 🖤 The biggest shock for the market is that Coinbase is also backing Open USD, even though Coinbase has long been a close partner of Circle in the USDC ecosystem. ➡️ This has raised investor concerns that Circle’s revenue model could face direct competition, especially if Open USD attracts large enterprise flows.

✅ Stablecoins are entering a new phase of competition. It is no longer just about who issues the larger token, but who controls distribution, liquidity, and reserve-generated profits.

❗️ Even a major player like Circle is starting to feel the pressure as both TradFi and crypto giants enter the game. @BackcomGlobal

🇺🇸 FED CHAIR KEVIN WARSH: “PRICES ARE STILL TOO HIGH” Fed Chair Kevin Warsh just made a notable statement at the ECB Forum in Sintra:

“Prices are too high.”

The possible message behind this:

🖤

The Fed does not want the market to think inflation is already over

🖤

The 2% inflation target continues to be emphasized

🖤

Warsh does not want to give overly clear “forward guidance” on interest rates

🖤

This forces the market to reprice risk based on each new economic data release

🔻 If inflation remains sticky, the Fed has a reason to keep monetary policy tighter for longer. 🟢 If jobs and growth data remain strong, the “fast rate cuts” narrative becomes even harder to justify. This is a signal that the market believes the Fed is not ready for the “soft pivot” investors have been hoping for. Watch the full details on CNBC YouTube @BackcomGlobal