Backcom.io Global

💵 TETHER WANTS TO “ACTIVATE” ITS $23 BILLION GOLD RESERVES 🏙 Tether, the company behind the world’s largest stablecoin $USDT, is looking to optimize its massive $23 billion gold reserve by expanding into gold-backed lending using tokenized gold. 👉 Key Details: 🖤 Tether is partnering with crypto lending platform Ledn to integrate Tether Gold (XAU₮). 🖤 Users can use XAU₮ as collateral to borrow USDT (or USA₮) without selling their gold. 🖤 The model is similar to Ledn’s current Bitcoin-backed loans: collateral is kept intact and not rehypothecated. 🖤 Each XAU₮ represents 1 troy ounce of physical gold stored in Switzerland (1:1 transparent backing). 🖤 The service is expected to launch by the end of 2026.

This is a strategic move by Tether to bring traditional assets (gold) on-chain, expand utility for users, and break the monopoly of traditional financial institutions in the gold-backed lending space.

@BackcomGlobal

🗓 US JOBS REPORT WEEK & NEW FED CHAIR KEVIN WARSH’S INTERNATIONAL DEBUT ✅ While the World Cup is heating up with the first knockout round, this week’s economic calendar centers on Kevin Warsh’s speech and June Non-farm Payrolls. 👉 Key Timelines: 🖤 21:00 Tuesday (June 30): JOLTS Job Openings Report – Expected to ease slightly to 7.3 million (previous 7.62 million). 🖤 19:15 Wednesday (July 1): Private Payrolls ADP Report – Expected +113K jobs (previous +122K). 🖤 20:30 Wednesday (July 1): Kevin Warsh speaks at the ECB Annual Forum in Sintra (Portugal) – Attracting significant attention. 🖤 19:30 Thursday (July 2): Non-farm Payrolls Report – Forecast +110-115K jobs, unemployment steady at 4.3%. ❗️ Additional Note:

🖤 The US Supreme Court is expected to review the case of Trump seeking to fire Fed Governor Lisa Cook. A ruling favorable to the White House could impact the independence of the Fed. 🖤 The market is closely watching jobs data and the tone of the new Fed Chair to gauge future interest rate direction.

@BackcomGlobal

🪙 BTC USER HOLDINGS ON BYBIT AND OKX SURGE 🖤 According to the latest Proof of Reserves report: 🖤 BTC balances on both exchanges increased by more than 10%. 🖤 Bybit currently holds 49,309 BTC. 🖤 OKX holds 123,056 BTC. 🚨 In contrast:

🔴 User USDT holdings on Bybit dropped 4.12%, OKX dropped 9.52%. 🔴 ETH on Bybit decreased by more than 10%, while OKX increased 6.15%.

@BackcomGlobal

📈 KIWOOM SECURITIES IN TALKS TO ACQUIRE STAKE IN CRYPTO EXCHANGE BITHUMB 🔊 Kiwoom Securities is in negotiations to acquire a stake in the crypto exchange Bithumb through the purchase of newly issued shares. ✔️ Bithumb stated: 🟡 No final decision has been made yet. 🟡 The investment scale has not been disclosed. 🟡 The company is still discussing cooperation opportunities with several other financial institutions.

This move further demonstrates that traditional financial institutions in South Korea are aggressively increasing their participation in the crypto market.

@BackcomGlobal

🏙 STRATEGY DID NOT BUY ANY MORE BTC THIS WEEK ✅ The company only raised $1.2B to bolster its USD reserve fund, bringing the total to $2.55B — enough to cover dividends and interest payments for 17.4 months. 🖤 Key moves to support stock & bonds: 1⃣ $STRC dividend increased by an additional 0.5% to 12% per year starting July, aiming to bring the price back to the $99-100 range. 2⃣ Established a program to repurchase up to $1B convertible bonds and $1B of $MSTR shares. 3⃣ Allowed selling of BTC to fund reserves, up to $1.25B. ✅ Total dividend payment capacity now reaches $3.8B, equivalent to 25.9 months.

With mNAV below 1 and STRC losing the $100 mark, Strategy appears to be prioritizing cash reserves to pay interest and stabilize finances rather than aggressively buying BTC as before. This is a very reasonable decision in the current difficult market environment.

@BackcomGlobal

🇺🇸 PRESIDENT TRUMP: IRAN HAS REQUESTED A MEETING. THE MEETING WILL TAKE PLACE TOMORROW IN DOHA! 🔈 According to Trump, Iran has officially requested to organize the negotiations. The meeting will take place tomorrow (June 30) in Doha, Qatar. 🛢 Oil prices rose slightly following the weekend tensions, but remain at a low level of around ~$70 per barrel.

The market is closely watching the outcome of this meeting, as it could significantly impact the tensions in the Strait of Hormuz and global energy prices.

@BackcomGlobal

🔥 IS MICHAEL SAYLOR STOPPING HIS BITCOIN PURCHASES? ✅ With his new caption simply saying: “We need more charts.” ✅ There’s no mention of orange dots, buying more BTC, or any positive signals... ✅ After months of aggressive buying, could it be that Saylor is starting to get scared too?

The market is waiting to see if “Anh già Mai Cồ” will continue stacking or temporarily step aside during this adjustment phase.

@BackcomGlobal

🔥 FIRST BOTTOMING SIGNAL FOR BITCOIN EMERGES? 🏙 The Bitcoin market is sending the first clear signals of a deeper “capitulation” phase. 🏙 According to the latest on-chain data from CryptoQuant: 🖤 The UTXO Block P/L Count Ratio model has officially entered the historical bottoming zone 🖤 This metric measures the ratio of profitable UTXOs to loss-making UTXOs. When it falls deep into historical lows → it signals a strong reset phase, with profits compressed and losses spreading widely. 🖤 However:

This is not yet the final bottom. The 365-day SMA needs to drop more sharply to confirm full capitulation.

❗️ Warning:

Short-term Short Squeeze rallies may still occur, but the long-term trend will likely require more time for adjustment.

@BackcomGlobal

🔷 LOOPRING, DECENTRALIZED EXCHANGE ON ETHEREUM, ANNOUNCES SHUTDOWN 🔈 Loopring – Ethereum’s first zk-rollup project – has officially shut down its decentralized exchange completely after many years of operation. ➡️ Main reasons according to the team: 🖤 Failed to attract users 🖤 Original technical architecture lacked a virtual machine, making it unable to run complex smart contracts or connect with other dApps 🖤 The team lacked business development skills ✅ Total assets on the platform have evaporated nearly 99% from the 2021 peak, leaving only about $8 million USD. ✅ This is one of over 60 crypto projects that have shut down this year as the prolonged bear market continues and many models from the previous cycle no longer fit current realities. @BackcomGlobal

🇪🇺 EUROPEAN BANKING AUTHORITY ANNOUNCES STRICT PENALTY FRAMEWORK FOR DIGITAL ASSET ISSUERS VIOLATING MiCA 🏙 The European Banking Authority (EBA) has just announced a new penalty framework for digital asset issuers violating MiCA regulations, with maximum fines of up to 12.5% of annual turnover. ➡️ This move comes right before the July 1 deadline — when crypto companies must complete licensing or cease operations in the EU market. 🟠 Binance is the most prominent name affected: the exchange has withdrawn its MiCA license application in Greece and announced restrictions on services for European users starting July 1, leading to billions of USD in outflows from the platform in recent days. @BackcomGlobal

📈 COINBASE LAUNCHES TOOLKIT TO SUPPORT AI PAYMENTS WITH CRYPTO ✅ CEO Brian Armstrong predicts that AI agents will soon autonomously pay each other and bypass paywalls automatically. ✅ Coinbase has just announced three new tools to realize an AI-powered economy. According to Armstrong, Crypto will be the core infrastructure powering this future financial system. 📌 This is a strategic move by Coinbase to lead the AI + Crypto trend, enabling intelligent agents to conduct transactions automatically, quickly, and without intermediaries. @BackcomGlobal

🇻🇪 VENEZUELA EARTHQUAKE: ARGENTINE PLAYER LOSES WIFE AND TWO CHILDREN 🖤 An Argentine footballer playing in Venezuela has lost his wife and two children in the twin earthquakes that struck on June 24. 🖤 Player Lucas Trejo (defender for Marítimo de La Guaira) was in Caracas with his team when his family was trapped in a collapsed building in the La Guaira area. After days of searching, the bodies of his wife (Yanina) and two children (Aarón & Ainhoa) were found. ➡️ Economic Damage: 🔴 According to UNDP estimates, direct physical damage is approximately $6.7 billion, equivalent to ~6% of Venezuela’s GDP. 🔴 The twin powerful earthquakes (magnitudes 7.2 and 7.5) caused severe damage to homes, infrastructure, and assets.

The death toll has now exceeded 1,400, with thousands injured and tens of thousands still missing.

@BackcomGlobal

📉 MAJOR CATALYST FOR CRYPTO STILL NO PROGRESS 🖤 Galaxy Research has lowered the probability of the CLARITY Act being passed in 2026 to 50% (down from 60% earlier this month). ✅ Main reason: The legislative schedule in the Senate is increasingly tight. ✅ The bill passed the Senate Banking Committee in May and has been on the calendar since early June, but remains silent so far. ✅ For it to still have a chance this year, the next 2 weeks need to see: 🟣 A public agreement between the Senate Banking and Agriculture Committees on the merged bill text. 🟣 Adjustments to the ethics provisions to gain more votes from Democrats. 🟣 Senate leadership announces a schedule for floor debate and full vote. 🟢 If there are no clear signals, the bill is likely to be pushed to September, facing midterm election pressure and becoming very difficult for President Trump to sign into law this year. 🟢 Despite White House urging, the shrinking time window and the Senate prioritizing other major bills are making CLARITY Act face significant challenges. @BackcomGlobal

🔥 HOT CRYPTO NEWS THIS AFTERNOON: BTC WHALES ACCUMULATING - MEME COIN UP 150x Whales continue to accumulate! A new wallet bought 1,350 BTC (~$81.9 million), showing large capital is still quietly accumulating. 🔥 SOL Meme Coins Exploding ANSEM on Solana surged over 150x, with market cap exceeding $32 million. Speculative capital is strongly returning to the SOL ecosystem. 🚨 Grayscale May Sell Over $3 Billion BTC 🖤 Short-term selling pressure may appear — traders should monitor closely. 🖤 NFT whale suffers heavy loss: Machi Big Brother liquidated, sold 34 BAYC, losing over $6.3 million. 📌 Notable Mentions: 🖤 FBI opens compensation claims for OneCoin victims. 🖤 Tensions in Iran continue to escalate. @BackcomGlobal

🔈 GM BITCOIN 60K 🖤 Last week could mark the beginning of a new bottom-finding phase for $BTC in 2026, as Bitcoin dropped to its lowest level since September 2025. 🖤 Bearish sentiment is dominating the entire market. Even external factors that haven’t materialized yet are causing investor concern: the risk of the FED raising interest rates and the AI bubble. 🖤 FED Chair (Kevin Warsh) will speak on Wednesday. If he continues with a “hawkish” tone, the crypto market could remain on fire (in the red). @BackcomGlobal

🪙 SAYLOR HINTS AT BUYING MORE BITCOIN AGAIN 🖤 Michael Saylor continues to signal plans to buy more BTC, however the scale this time is expected to be significantly smaller than previous rounds. 🖤 However

🖤 MSTR stock closed around $82, down more than 80% from last year’s peak of $457. 🖤 Just last week, MSTR lost about 26%, marking one of its worst-performing weeks of the year.

@BackcomGlobal

🔈 CEO GALAXY DIGITAL: "COLLAPSE OF CONFIDENCE LED BY MICROSTRATEGY" IS DRIVING BITCOIN SELL-OFF 🖤 CEO Mike Novogratz (Galaxy Digital) stated that the recent Bitcoin price drop is being driven by “a collapse of confidence led by MicroStrategy”, creating a crisis of confidence in BTC. 👉 He also pointed out: 🖤 The hawkish US monetary policy 🖤 Weakening crypto market sentiment ⚠️ Warning:

If Bitcoin breaks below the support zone of 60,000 – 59,000 USD, the price could plunge toward 45,000 USD.

@BackcomGlobal

🔥 HOTTEST CRYPTO NEWS OF THE WEEK

🔴 US Senate passes bill banning Fed from issuing CBDC until 2030. 🔴 Meta is developing a new prediction market platform to directly compete with Polymarket and Kalshi. 🔴 Kalshi in talks to raise funds at a $40 billion valuation. 🔴 Binance announces delisting of ALCX, ARDR, NFP, and POND (July 10). 🔴 Trump threatens 100% tariffs on countries imposing digital service taxes targeting US businesses.

There were also many other great news stories last week — check them out and drop your comments below! 👇 @BackcomGlobal

🔥 US - IRAN NEGOTIATIONS RESUME 🔈 After two days of intense weekend clashes, the US and Iran have agreed to a temporary ceasefire and will sit down for talks in Doha (Qatar) on Tuesday, June 30. 📌 Key Points: 🖤 The immediate focus is on resolving the conflict in the Strait of Hormuz. 🖤 Iran’s Foreign Minister stated: In the next 30 days, the Strait of Hormuz will be under full Iranian control. 🖤 Any external interference will only prolong the reopening of the strait. 🖤 Iran demands that the US set a specific timeline for Israel to withdraw from Lebanon, while Israel continues its attacks on Hezbollah in southern Lebanon. 👉 Market Reaction:

Brent crude eased slightly to $72, Bitcoin slowly declined toward $58K.

@BackcomGlobal

🇺🇸 US ECONOMIC CALENDAR HIGHLIGHTS THIS WEEK 🖤 Tuesday (June 30): Job Openings (JOLTS) 🖤 Wednesday (July 1): ADP Private Payrolls Report + Speech by FED Chair 🖤 Thursday (July 2): June Unemployment Rate + Initial Jobless Claims 🖤 Friday (July 3): Markets closed for Independence Day holiday The focus this week is on US labor market data – a key indicator reflecting the health of the US economy. The results will significantly influence expectations and the FED’s interest rate decisions in the near term. @BackcomGlobal