For new users only
๐ค Deposit 50 USDT โ Hold for 3 days โ 100 USDT Position Voucher๐ค Deposit 200 USDT โ Hold for 4 days โ 300 USDT Position Voucher๐ค Deposit 500 USDT โ Hold for 5 days โ 500 USDT Position Voucher๐ค Deposit 1,000 USDT โ Hold for 6 days โ 1,000 USDT Position Voucher๐ Rewards are distributed on a first-come, first-served (FCFS) basis.
Open to all users
๐ฅ 1st Place: 2,500 USDT (25% of the prize pool)
๐ฅ 2nd Place: 1,800 USDT
๐ฅ 3rd Place: 1,200 USDT
- 4thโ100th Place: Attractive rewards of up to 800 USDT๐ Rewards will be distributed within 7 days after the campaign ends.
Open to all users
๐ฃ Trade 100K USDT โ 15 USDT Bonus
๐ฃ Trade 500K USDT โ 30 USDT Bonus
๐ฃ Trade 1M USDT โ 60 USDT Bonus
๐ฃ Trade 5M USDT โ 300 USDT Bonus
๐ฃ Trade 10M USDT โ 600 USDT Bonus
Each user can only receive one reward, corresponding to the highest trading volume achieved.
(Registration is a prerequisite for participation.)
Alternatively: Enter referral code โvipbackcomโ during registration to receive a 60% trading-fee rebate.
๐ค Rebate mechanism: Receive a 60% weekly rebate through the Backcom App/Bot
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๐บ๐ธ The U.S. can establish 2 new defense areas: Narsarsuaq in the south and Mestersvig in the east๐ค Expand the existing Pituffik Space Base๐ค U.S. aircraft and vessels will be able to operate, land, and gain undersea access across Greenland
๐ฉ๐ฐ Denmark and Greenland retain sovereignty; the agreement recognizes the Greenlandic peopleโs right to self-determination๐ด Non-NATO countries cannot establish bases without the approval of the U.S., Denmark, and Greenland
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๐ค The U.S. 10-year Treasury yield is back near its highest levels in years๐ค The 30-year yield has climbed to around 5.35%โ5.40%, close to levels last seen in 2007๐ค The U.S. Treasury has intervened several times, but has yet to bring long-term yields sustainably lower๐ Gold has fallen below $4,300; BTC is back around $84K; U.S. stocks are in the red
Higher long-term yields = higher cost of capital. Stocks, gold, and BTC could remain under pressure until concerns around energy/Iran or the U.S. fiscal deficit begin to ease.
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๐บ๐ธ The U.S. economy remains resilient. September PMI came in above expectations, reinforcing concerns that inflation has not cooled enough.
A strong economy sounds positive, but with the Fed still fighting inflation, it becomes another reason to tighten further. The October meeting now carries noticeably more risk.
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Attention Vantage traders!
Vantage has just launched the Month-End Lucky Draw with 2 separate lucky draws for traders:
๐ฐ Total prize pool of up to $2,600
๐ Top prize in each draw: $300 CASH
๐ Make eligible deposits or complete the required trading volume to earn more lucky draw entries.
You can participate in one or both lucky draws to increase your chances of winning.
bcglobal" when registering to receive 100% Daily Rebates@BackcomGlobal #Vantage #VantageMarkets
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๐ฃ Structure: joint ventures with private companies๐ฃ Potential agencies involved: Treasury Department, State Department, DFC๐ฃ Goal: keep the USD as the worldโs reserve currency + increase demand for U.S. Treasuries๐ฃ No company, country, or rollout timeline has been finalized yet
More USD stablecoin usage overseas = greater demand for Treasuries used as reserve assets. Washington is using crypto to defend the dollarโs dominance, not to replace the dollar.
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๐บ๐ธ The U.S. economy is strong, interest rates are high, and the Fed is ready to hike again โ USD is rising, with DXY around 101.๐ด EUR, GBP, and JPY are all being pushed lower. The Yen is the weakest, with Tokyo watching closely for possible intervention. The Swiss Franc is playing the grown-up in the room: staying quiet, but not really saving anyone either.
Right now, donโt ask which currency looks good โ ask which one can stand up to the USD.
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๐บ๐ธ U.S.: ~5.13%, highest since July 2007
๐ซ๐ท France: highest since 2008
๐ฉ๐ช Germany: highest since 2009
๐ฎ๐น Italy: highest since 2003
๐ช๐ธ Spain: highest since 2023
Itโs not just the U.S. Europe is also facing higher long-term rates due to inflation, public debt, and geopolitical risks. Rising bond yields tighten financial conditions for stocks, real estate, and other risk assets.
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๐ค CEO Gracy Chen: user balances remain accurate๐ค The entire loss is covered by the User Protection Fund, worth more than $464M๐ค Withdrawals have been temporarily suspended for review; deposits and trading remain operational๐ค On-chain data: more than $170M has been moved to new wallets, with part of it converted into ETH
The exchange says its protection fund is sufficient to cover the losses. Still, it may be better to wait for a clear withdrawal reopening timeline before feeling fully reassured.
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๐ข Oil prices fell around 3% as the two sides negotiate reopening the Strait of Hormuz in exchange for the U.S. easing its economic blockade on Iran.
๐ฎ๐ท Iran wants the blockade lifted + frozen assets released
๐บ๐ธ The U.S. has not accepted the conditions๐ค Neither side has been willing to back down
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๐ฏ๐ต The Yen is rebounding because of intervention fears, not because the BoJ has suddenly turned more hawkish. The interest-rate gap remains wide โ todayโs recovery could be little more than a short breather.
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๐ค Pezeshkian: โWe do not want this to continue. The U.S. must decide whether it wants to end it.โ๐ค Iran is ready to negotiate if the U.S. respects the international legal framework๐ค He accused Israel of fueling the conflict and stressed that Iran will not surrender๐ค The two sides previously met on the sidelines of the UN, but no breakthrough was reached
Both sides are still talking, but neither has backed down. Whether the war continues or ends now depends on Washingtonโs choice.
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๐ฎ๐ท Iranโs proposal: reopen Hormuz for 7 days if the U.S. lifts the port blockade, eases oil sanctions, and releases part of Iranโs frozen assets๐ Trump doubts Tehran will meet U.S. demands
๐บ๐ธ U.S. officials: he does not want to restart a major conflict immediately, and the scale of any strikes remains unclear๐ด His position could change depending on the outcome of the midterm elections
Negotiations are still continuing through intermediaries, but the WSJ report has reduced expectations for a near-term diplomatic breakthrough. Oil could become more headline-sensitive again.
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โญ Withdrawal reopening schedule (UTC):๐ฃ Sep 28, 08:00 UTC โ BTC (Bitcoin network)๐ฃ Sep 29, 08:00 UTC โ ETH (Ethereum, BSC, Arbitrum, Base, Optimism)๐ฃ Sep 30, 08:00 UTC โ USDT (Ethereum, BSC, Solana, Tron)๐ฃ Oct 2, 08:00 UTC โ Other tokens / Fiat / P2P
Users do not need to take any additional action. Just monitor withdrawal status in the app and through the exchangeโs official channels.
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๐ The U.S.โChina summit has concluded. A few smaller agreements were reached, but there was no major breakthrough.๐ค The trade truce has been extended until January 10, 2027๐ค Some โnon-sensitiveโ goods will receive more favorable treatment: U.S. agricultural products and medical equipment; Chinese consumer goods๐ค The goal is to separate these products from future tariff disputes๐ค Chips, high technology, and national-security export restrictions were not included in the agreement๐ค No final agreement on AI yet๐ค USTR Jamieson Greer: the U.S. will release more details on Monday
๐บ๐ธโ๐จ๐ณ Both sides have bought more time and kept regular trade channels open. The toughest issues โ chips, AI, and security โ remain unresolved.
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