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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ MALAYSIA INTENSIFIES CRACKDOWN ON ILLEGAL CRYPTO MINING

๐Ÿ‡ฒ๐Ÿ‡พ From 2022 through May 2026, Malaysian authorities conducted more than 3,000 raids nationwide, seized over 75,000 crypto mining machines, and arrested 629 people.

๐Ÿ”ด The operations were jointly carried out by the police, national electricity utility TNB, and local authorities, mainly targeting illegal crypto mining facilities using stolen electricity.
๐Ÿ”ด The Malaysian government says it will step up the use of technology and intelligence tools to detect illegal mining hotspots earlier and take faster enforcement action.

โšก๏ธ This is considered one of the strongest crypto mining crackdowns in Southeast Asia in recent years. Crypto users and miners in Malaysia should remain highly cautious.

@BackcomGlobal
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๐ŸŽ†๐ŸŽ†๐ŸŽ† HAPPY 9TH BIRTHDAY, BINANCE!

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@BackcomGlobal #Binance
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๐Ÿ‡ฏ๐Ÿ‡ต METAPLANET ACCELERATES THE BITCOIN ECOSYSTEM IN JAPAN!

๐Ÿ“ฐ Metaplanet has announced a joint research initiative with JPYC โ€” a yen-backed stablecoin project โ€” and Progmat, a platform focused on asset tokenization, aiming to bring Bitcoin, stablecoins, and tokenized assets into Japanโ€™s credit markets.

๐Ÿ‘‡ Key goals:
๐ŸŸก Enable companies to issue digital bonds
๐ŸŸก Allow investors to settle transactions using stablecoins
๐ŸŸก Use Bitcoin as collateral for new financial products


โžก๏ธ Although the initiative is still in the research stage, it shows that Metaplanet is doing more than simply accumulating Bitcoin โ€” it is working to build an entire financial ecosystem around BTC in Japan.

โœ… A major step forward for Bitcoin adoption in Asia!

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ TRUMP THREATENS TO "FLATTEN" IRAN IF ASSASSINATED

๐Ÿ‘ U.S. President Donald Trump has issued a stark warning: If Iran makes any attempt to assassinate him, the U.S. military will retaliate with massive-scale strikes.

๐Ÿ”ด Trump claimed that plans are already in place, with 1,000 missiles currently aimed at Iran and thousands more ready to be deployed immediately. He warned that the U.S. could "completely destroy" large parts of Iran for a long time.
๐Ÿ”ด The statement came after the funeral of Supreme Leader Khamenei, where slogans reportedly called for Trump's assassination, as well as Israeli intelligence warnings about a new alleged plot from Tehran.

๐Ÿ“ˆ U.S.-Iran tensions remain extremely high, with the Strait of Hormuz and global oil markets still at the center of attention.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ STRAIT OF HORMUZ CLOSED AGAIN AFTER IRANIAN ATTACK!

๐Ÿ‡บ๐Ÿ‡ธ According to U.S. officials, Iran launched a missile at a commercial vessel traveling along the southern route proposed by Oman to restore shipping traffic. The vessel was severely damaged.

๐Ÿ‡ฎ๐Ÿ‡ท Shortly afterward, Iran announced that it would close the Strait of Hormuz until the United States ends all intervention in the region.

The Strait of Hormuz โ€” a critical route carrying around 20% of the world's crude oil โ€” has once again descended into chaos. The U.S. has responded with strikes on Iranian targets, causing tensions to escalate sharply.


๐Ÿ“ˆ Crude oil rose to $75 per barrel, while BTC slipped slightly to around $63K.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ CLARITY ACT COULD HIT THE SENATE FLOOR STARTING JULY 20!

๐Ÿ‡บ๐Ÿ‡ธ Republican leaders are pushing to bring the CLARITY Act (Digital Asset Market Clarity Act) to the full Senate for consideration during the week beginning July 20.

๐Ÿ–ค The bill aims to create a clear regulatory framework for the U.S. crypto market, including dividing jurisdiction between the SEC and CFTC, protecting DeFi, and banning a CBDC. However, passage would require at least 7 Democratic senators to support it, as 60 votes are needed to overcome a filibuster.
๐Ÿ–ค If the bill is not passed before Congress begins its August recess, its chances of becoming law this year could decline significantly as the U.S. enters the midterm election season.


๐Ÿ“ˆ Hopefully, we will see positive progress that brings greater regulatory clarity and stronger market confidence for the U.S. crypto industry!

@BackcomGlobal
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๐Ÿ”ฅ SAYLOR POSTS THE CHART! WILL STRATEGY BUY OR SELL TOMORROW?

๐Ÿ“ˆ Michael Saylor has just posted his familiar Bitcoin chart with the caption: โ€œOrange dots tell only part of the story.โ€

โšก๏ธ Last week, Strategy sold 3,588 BTC (~$216 million), sending Bitcoin down to $62K before bouncing back.

๐Ÿ”ด Will this be the third consecutive week of selling, or will Strategy start buying again?

@BackcomGlobal
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๐Ÿ”ด U.S. ECONOMIC CALENDAR (UTC)
WEEK 02 โ€“ JULY 2026

This week, the market will focus on U.S. CPI inflation data, retail sales, and the labor market โ€” key factors that could significantly impact expectations for Federal Reserve monetary policy.

Key events to watch:
๐Ÿ–ค 12:30 UTC, Tuesday: Core CPI MoM โ€“ June
๐Ÿ–ค 12:30 UTC, Tuesday: CPI YoY โ€“ June
๐Ÿ–ค 12:30 UTC, Tuesday: CPI MoM โ€“ June
๐Ÿ–ค 12:30 UTC, Thursday: Retail Sales MoM โ€“ June
๐Ÿ–ค 12:30 UTC, Thursday: Initial Jobless Claims

๐Ÿ–ค The market is currently paying close attention to the Fedโ€™s interest rate outlook ahead of the upcoming July 29 meeting, as this weekโ€™s CPI and retail sales data could significantly shift monetary policy expectations.

View News Source

Wishing everyone a successful trading week! ๐Ÿ˜Ž

@BackcomGlobal
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Wishing everyone a profitable trading week! ๐Ÿ˜Ž

@BackcomGlobal #BackcomCrypto
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๐Ÿ’ฐ BTC & ETH MOVE SIDEWAYS DESPITE ESCALATING U.S.โ€“IRAN TENSIONS: IS CRYPTO BECOMING MORE โ€œIMMUNEโ€ TO GEOPOLITICS?

๐Ÿ”ด Despite the U.S. continuing to strike Iran โ€” the third round of attacks this week โ€” in response to attacks on commercial vessels in the Strait of Hormuz, Bitcoin and Ethereum have remained largely sideways.

๐ŸŸฃ BTC is hovering around $63.4K, while ETH is near $1.8K, with relatively limited volatility.
๐ŸŸฃ The crypto market appears increasingly resilient to geopolitical shocks โ€” oil is rising, but crypto has not suffered a major dump.
๐ŸŸฃ Another positive sign: BTC and ETH ETFs saw strong net inflows over the past week.


โžก๏ธ Crypto may be maturing and becoming less prone to โ€œoverreactingโ€ to major global headlines. What do you think?
Will the market continue to move sideways, or will we see a breakout once tensions ease?


@BackcomGlobal
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๐Ÿ”ท TOM LEE: ETHEREUM COULD BECOME A $5 TRILLION NETWORK!

๐Ÿ”ด In his latest podcast appearance, Tom Lee of Fundstrat said Ethereum is severely undervalued.
ETHโ€™s current market capitalization is only around $300 billion, but he believes it could grow to $1 trillionโ€“$5 trillion over the next few years.

๐Ÿ‘‡ Key points:
๐ŸŸก Why? More and more traditional assets are being digitized and brought onto blockchain networks.
๐ŸŸก Comparison: Ethereum is like โ€œthe land of the digital worldโ€ โ€” if a large share of financial activity takes place on Ethereum, its value could rise significantly alongside the ecosystem.
๐ŸŸก Tom Lee continues to deliver plenty of hopium for ETH holders! ๐Ÿš€


Uncle Tom is extremely bullish again โ€” what do ETH holders think? $500 ETH or a $5 trillion network? ๐Ÿ˜„๐Ÿ˜„๐Ÿ˜„

@BackcomGlobal
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๐Ÿ‡ฏ๐Ÿ‡ต LAWSON PILOTS JPYC STABLECOIN PAYMENTS IN JAPAN

๐Ÿ™ Major convenience store chain Lawson is partnering with telecom giant KDDI and crypto wallet company HashPort to test payments using the JPYC stablecoin โ€” marking an important step toward bringing digital assets into everyday consumer transactions.

๐Ÿ“Œ Key highlights:
๐Ÿ–ค JPYC is the first yen-denominated stablecoin registered under Japanโ€™s new stablecoin regulatory framework.
๐Ÿ–ค It is 100% backed by JPY deposits and Japanese government bonds.
๐Ÿ–ค This is part of Japanโ€™s broader strategy to promote a โ€œdigital yenโ€ through the private sector, supported by one of the worldโ€™s most comprehensive stablecoin regulatory frameworks.


๐ŸŒŽ Global trend: Japan is not alone โ€” stablecoins are increasingly becoming real-world payment infrastructure.
๐Ÿ‡ฐ๐Ÿ‡ท South Korea: Hyundai Card recently completed an internal cross-border remittance transaction using stablecoins.
๐Ÿ‡บ๐Ÿ‡ธ United States: More than 140 financial and crypto institutions are developing the Open USD (OUSD) stablecoin to drive broader adoption.

Stablecoins are truly moving beyond the crypto world and becoming part of everyday life! ๐Ÿš€

@BackcomGlobal
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๐Ÿ”ฅ THAILAND TIGHTENS OVERSIGHT OF USDT TO COMBAT GREY MONEY FLOWS

๐Ÿ‡น๐Ÿ‡ญ The Bank of Thailand (BoT), together with the Securities and Exchange Commission (SEC), is stepping up scrutiny of large-volume stablecoin transactions, especially USDT, as well as cash and foreign exchange transactions.

โšก๏ธ Main objective: Prevent illicit money flows from the grey economy, including scam call centers. Fraud-related losses in Thailand in 2025 were estimated at $3.4 billion.

๐Ÿ‘‡ New measures include:
๐ŸŸก Requiring disclosure of the source of funds for large cash transactions.
๐ŸŸก Closely monitoring unexplained exchanges of high-denomination banknotes into smaller notes.
๐ŸŸก Requiring full reporting for deposits above 5 million baht (~$150,000).


โœ… Although Thailand prohibits the use of digital assets and stablecoins to purchase goods and services, crypto trading on licensed exchanges remains legal. The USDT/THB pair is currently the most popular trading pair on Bitkub.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ TRUMP: THE U.S. WILL โ€œTAKE OVERโ€ THE STRAIT OF HORMUZ AND CHARGE FOR PROTECTION!

๐Ÿ‡บ๐Ÿ‡ธ In his latest statement, President Donald Trump said that the United States will control and protect the Strait of Hormuz, while also seeking payment for ensuring security along this strategically vital shipping route.
Trump said the U.S. would act as a โ€œguardian angelโ€ of Hormuz, while wealthy countries benefiting from this crucial oil transportation route would be expected to contribute to the cost.

๐Ÿ‡ฎ๐Ÿ‡ท Meanwhile, Iran continues to assert its control over the Strait of Hormuz and opposes U.S. intervention, further escalating tensions between Washington and Tehran.

๐Ÿ“ˆ Market impact:
๐Ÿ”ด Brent crude oil prices surged, at one point rising above $79 per barrel.
๐Ÿ”ด Markets are increasingly concerned that global oil supplies could face serious disruptions if the conflict continues to escalate.


โš ๏ธ The Strait of Hormuz โ€” a route that carries around 20% of the worldโ€™s oil โ€” has once again become the focal point of U.S.-Iran tensions.

๐Ÿšจ The battle for control of Hormuz is heating up more than ever, and the oil market is already reacting sharply! ๐Ÿ“ˆ

@BackcomGlobal
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๐Ÿ‡บ๐Ÿ‡ธ TRUMP TAKES A TOUGH STANCE ON THE STRAIT OF HORMUZ

๐Ÿ‡บ๐Ÿ‡ธ President Trump declared that the Strait of Hormuz will remain open, despite Iranโ€™s announcement that it would close the strategic waterway.

๐Ÿ‘‡ Key measures:
๐ŸŸฃ The U.S. will reimpose a blockade on Iranian vessels.
๐ŸŸฃ Ships from other countries will continue to enjoy free passage.
๐ŸŸฃ The U.S. is positioning itself as the โ€œGuardian of the Strait of Hormuz.โ€
๐ŸŸฃ Trump proposed charging a 20% fee on all goods transported through the strait to help cover security costs.


โšก๏ธ Implementation will begin immediately.

@BackcomGlobal
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๐Ÿ”ฅ Strategy (MicroStrategy) Did Not Buy Any Additional BTC Last Week

๐Ÿ™ According to an official announcement from Michael Saylor and Strategy (July 12, 2026):
๐Ÿ“Œ Summary for the week of July 6โ€“12:
๐ŸŸฃ Sold 4.82 million MSTR shares through its ATM program, raising $466.7 million in net proceeds.
๐ŸŸฃ No additional Bitcoin was purchased during the week.
๐ŸŸฃ Bitcoin holdings remained unchanged at 843,775 BTC, worth approximately $53 billion.
๐ŸŸฃ Total USD reserves surged to $3.0 billion!


๐Ÿ–ค The funds are intended to cover dividends on STRC perpetual preferred stock โ€” with an annual dividend rate of approximately 12%, paid twice monthly โ€” as well as debt obligations.

โœ… This provides enough liquidity to cover preferred stock dividends for more than 20 months, creating a very strong financial cushion!

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ THE MARKET CAN NO LONGER IGNORE THE U.S.โ€“IRAN WAR!

๐Ÿ“ˆ Markets are heating up fast:
๐ŸŸฃ Brent crude surged above $83 amid fears of supply disruptions.
๐ŸŸฃ Gold plunged below $4,000 amid risk-off sentiment and possible profit-taking pressure.
๐ŸŸฃ U.S. stocks closed sharply lower, with tech hit the hardest as the Nasdaq led the decline.
๐ŸŸฃ Bitcoin dropped back to around $62K.


๐Ÿ”ด Breaking updates:
๐Ÿ–ค President Trump has officially notified the U.S. Congress about re-entering the war with Iran. Under the War Powers Resolution, he has up to 60 days to conduct military operations without congressional approval.
๐Ÿ–ค The U.S. has reimposed a blockade on the Strait of Hormuz and Iranian ports, alongside a plan to charge a 20% fee for escorting commercial vessels.
๐Ÿ–ค CENTCOM has carried out its third consecutive wave of airstrikes, targeting Iranโ€™s ability to attack commercial shipping after striking hundreds of military targets along Iranโ€™s coastline.


โšก๏ธ In addition, Federal Reserve Governor Christopher Waller โ€” previously seen as supportive of rate cuts โ€” unexpectedly delivered hawkish remarks overnight. Markets reacted strongly, reducing expectations for future rate cuts and adding further pressure on risk assets.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ TRUMP DECLARES THE U.S. IS OFFICIALLY BACK IN THE WAR WITH IRAN!

โœ”๏ธ While many people were still asleep:
๐Ÿ”ด Trump warned that the U.S. would hit Iran โ€œvery hardโ€ tonight and tomorrow.
๐Ÿ”ด The U.S. continued CENTCOMโ€™s third consecutive wave of airstrikes, while maintaining the Hormuz blockade and imposing a 20% escort fee.

โ˜บ๏ธ Trump is expected to address the entire nation at 9:00 PM Thursday ET


@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ TRUMP URGES THE SENATE TO PASS THE CLARITY ACT IMMEDIATELY!

๐Ÿ‡ฎ๐Ÿ‡ฑ President Trump has issued a strong call:
โ€œChina and many other countries are trying to dominate this massive financial race, including AI. The U.S. is currently leading, but they are working relentlessly to catch up. Donโ€™t let China win on any front! The Senate must pass the CLARITY Act soon to protect Americaโ€™s interests.โ€


๐Ÿ‘‡ Key updates:
๐ŸŸก The Digital Asset Market Clarity Act of 2025 has entered a crucial stage following Congressโ€™s return to session.
๐ŸŸก This week, the Senate is expected to unveil a consolidated version of the bill from two committees.
๐ŸŸก The crypto industry believes the next four weeks will be decisive in determining whether the bill can pass the Senate before the August recess.


โš ๏ธ Two major disagreements still remain:
๐Ÿ”ด How regulatory oversight should be divided between the SEC and CFTC.
๐Ÿ”ด Ethics and conflict-of-interest provisions, including issues related to Trump and certain
government officials.

โžก๏ธ If passed, the bill could bring major regulatory clarity to the U.S. crypto market, protect holders, promote innovation, and strengthen Americaโ€™s leadership against China.

๐ŸŒ This could become a major turning point for the global crypto industry โ€” especially for CEXs, stablecoins, and DeFi!

@BackcomGlobal
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๐Ÿ‡ฏ๐Ÿ‡ต SBI โ€“ JAPANโ€™S FINANCIAL GIANT IS GOING BIG ON CRYPTO!

๐Ÿค SBI Holdings has partnered with the Solana Foundation to bring traditional financial infrastructure onto the blockchain. SBI has praised Solana for its high speed, low fees, and rapidly growing ecosystem.

๐Ÿ”ฅ Key highlights:
๐ŸŸก SBI is set to launch a JPYSC stablecoin lending service this month โ€” described as the first Japanese yen-pegged stablecoin backed by a bank โ€” offering an annual interest rate of 3% for a 3-month term.
๐ŸŸก The goal is to tokenize bonds, investment funds, real estate, and enable cross-border payments on Solana.

๐Ÿ–ค SBIโ€™s recent major crypto deals:
๐ŸŸฃ Invested $125M in Gauntlet (๐Ÿ‡บ๐Ÿ‡ธ) โ€” a specialist in DeFi risk management.
๐ŸŸฃ Invested $76M in EDX Markets (๐Ÿ‡บ๐Ÿ‡ธ) โ€” an institutional crypto exchange backed by Citadel and Charles Schwab.
๐ŸŸฃ Acquired Bitbank, one of Japanโ€™s top 3 crypto exchanges, for approximately $289M in June 2026.

โžก๏ธ SBI manages more than $230 billion in assets, and these moves show that Japanese TradFi is seriously building a โ€œtoken economyโ€ and preparing to compete with major U.S. financial institutions.

๐ŸŒ This is a strong positive signal for institutional adoption โ€” especially for Solana and stablecoins!

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ TRUMP CHANGES STRATEGY IN THE STRAIT OF HORMUZ: FROM CHARGING FEES โ†’ TO MASSIVE INVESTMENT DEALS!

๐Ÿ‡ฎ๐Ÿ‡ฑ Just yesterday, President Trump threatened to impose a 20% escort fee, but today he announced a new approach:
๐ŸŸฃInstead, Gulf countries will pour massive amounts of money into the U.S. through trade and investment agreements.
๐ŸŸฃThese huge investments will bring factories, equipment, and technology to the U.S. โ†’ potentially creating millions of jobs.

๐Ÿ”ด Regarding the Strait of Hormuz:
๐Ÿ–คThe strait will remain open to all vessels, except Iranian ships.
๐Ÿ–คThe U.S. will impose a complete blockade targeting ships traveling to or from Iranian ports or carrying Iran-related cargo.

โžก๏ธ This reflects Trump's combined military + economic strategy: maintaining pressure on Iran while delivering direct economic benefits to the United States.

๐Ÿ“ˆ Markets are closely watching these developments, which could help reduce the risk of oil supply disruptions and support greater stability in energy prices.

@BackcomGlobal
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