🇮🇷 IRGC-LINKED MEDIA: IRANIAN FOREIGN MINISTER’S CONTACT WITH U.S. “WAS NOT AUTHORIZED”

🏙 Tasnim, a media outlet close to the IRGC, reported that Foreign Minister Abbas Araghchi’s contact with U.S. envoy Steve Witkoff in New York was not authorized by Iran’s policymaking bodies, including the Supreme National Security Council.
🖤 Tasnim called it a “major mistake” that went against the national interest
🖤 Araghchi was reportedly tasked only with conveying 7 conditions through intermediaries, not meeting directly
🖤 Witkoff had previously said the two sides communicated through intermediaries, rather than sitting at the same table

🔴 Iran’s internal messaging appears out of sync: the Foreign Ministry wants to keep a channel open, while the IRGC does not want to be bypassed. This makes Hormuz negotiations more fragile — and oil could become even more headline-sensitive in the next session.

@BackcomGlobal

🪺 VANTAGE MONTH-END LUCKY DRAW — SPIN FOR A CHANCE TO WIN CASH!

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@BackcomGlobal #Vantage #VantageMarkets

🇺🇸 U.S. CONSIDERS PUBLIC–PRIVATE PUSH TO EXPAND USD STABLECOINS GLOBALLY

✊ The Trump administration is considering a public–private initiative to promote USD-pegged stablecoins overseas, with the goal of strengthening the dollar’s global position.

🟣 Structure: joint ventures with private companies
🟣 Potential agencies involved: Treasury Department, State Department, DFC
🟣 Goal: keep the USD as the world’s reserve currency + increase demand for U.S. Treasuries
🟣 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 dollar’s dominance, not to replace the dollar.

@BackcomGlobal

🔥🔥🔥 USD IS “STEAMROLLING” THE ENTIRE FOREX MARKET

🇺🇸 The U.S. economy is strong, interest rates are high, and the Fed is ready to hike again → USD is rising, with DXY around 101.
🔴 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, don’t ask which currency looks good — ask which one can stand up to the USD.

@BackcomGlobal

🔥🔥🔥 GOVERNMENT BOND YIELDS ACROSS MAJOR ECONOMIES SURGE TO MULTI-YEAR HIGHS

🔴 Global bond markets are selling off, pushing borrowing costs sharply higher across major economies.
🇺🇸 U.S.: ~5.13%, highest since July 2007
🇫🇷 France: highest since 2008
🇩🇪 Germany: highest since 2009
🇮🇹 Italy: highest since 2003
🇪🇸 Spain: highest since 2023

It’s 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.

@BackcomGlobal

🔥🔥🔥 BITGET HIT BY $351.6M SECURITY INCIDENT — WITHDRAWALS TEMPORARILY SUSPENDED

💚 Bitget confirmed that approximately $351.6 million was transferred without authorization from part of its hot and warm wallets. Cold wallets remain secure.

🖤 CEO Gracy Chen: user balances remain accurate
🖤 The entire loss is covered by the User Protection Fund, worth more than $464M
🖤 Withdrawals have been temporarily suspended for review; deposits and trading remain operational
🖤 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.

@BackcomGlobal

📈 BTC HOLDS AROUND $84K, GOLD REBOUNDS TO $4,300, WALL STREET STAYS FLAT

🟣 BTC continues to trade sideways around $84,000. Gold has reclaimed the $4,300 level. U.S. stocks are nearly flat.

🌐 Markets are waiting on the Fed, U.S. Treasury yields, and developments around Iran/Hormuz. There still hasn’t been a strong enough catalyst to get all three moving decisively.

@BackcomGlobal

⚡️ OIL FALLS 3%: U.S.–IRAN TALKS ON HORMUZ, NEITHER SIDE HAS GIVEN IN

🛢 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.

🇮🇷 Iran wants the blockade lifted + frozen assets released
🇺🇸 The U.S. has not accepted the conditions
🖤 Neither side has been willing to back down

📈 Markets are “betting” on negotiations, but a deal remains unresolved. If neither side gives in, oil may struggle to fall much further — but also struggle to rise sharply.

@BackcomGlobal

🔥🔥🔥 TRUMP–XI MEETING: NO BREAKTHROUGH, ONLY A 2-MONTH EXTENSION OF THE TRUCE

🔴 The U.S.–China meeting did not produce a major trade agreement. Both sides agreed to extend the truce by another 2 months, until around January 10.
🖤 Bessent: more time is needed to discuss a broader economic package
🖤 The previous truce had been set to expire in November
🖤 Core disagreements over tariffs, technology, and agricultural purchases remain

📈 The meeting kept both sides at the table, but no major deal was signed. Markets got a short “oxygen boost” — the deadline was pushed back, not removed.

@BackcomGlobal

💴 JAPANESE YEN REBOUNDS FROM 3-WEEK LOW, INTERVENTION RISK RISES

🟢 USD/JPY edged lower in the Asian session, pulling back from a three-week high near 159 as the Yen recovered on concerns that Tokyo could intervene.
🖤 The Yen had slipped close to the key psychological 160 level
🖤 The USD saw profit-taking after a nearly two-month rally
🖤 Hopes for U.S.–Iran diplomacy also helped ease demand for the USD
🖤 Fundamentals still favor buying USD/JPY on dips

🇯🇵 The Yen is rebounding because of intervention fears, not because the BoJ has suddenly turned more hawkish. The interest-rate gap remains wide — today’s recovery could be little more than a short breather.

@BackcomGlobal

🔥🔥🔥 IRANIAN PRESIDENT: THE U.S. MUST DECIDE WHETHER TO END THE WAR

🏙 Iranian President Masoud Pezeshkian said Tehran does not want the war to continue, and that the U.S. is the side that must decide whether to end it.

🖤 Pezeshkian: “We do not want this to continue. The U.S. must decide whether it wants to end it.”
🖤 Iran is ready to negotiate if the U.S. respects the international legal framework
🖤 He accused Israel of fueling the conflict and stressed that Iran will not surrender
🖤 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 Washington’s choice.

@BackcomGlobal

🔥🔥🔥 TRUMP REJECTS IRAN’S 7-DAY CEASEFIRE PROPOSAL

🏙 According to the Wall Street Journal, President Trump rejected Iran’s proposal for a 7-day ceasefire and told aides that he expects to resume airstrikes after the November midterm elections.

🇮🇷 Iran’s proposal: reopen Hormuz for 7 days if the U.S. lifts the port blockade, eases oil sanctions, and releases part of Iran’s frozen assets
👍 Trump doubts Tehran will meet U.S. demands
🇺🇸 U.S. officials: he does not want to restart a major conflict immediately, and the scale of any strikes remains unclear
🔴 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.

@BackcomGlobal

🔥🔥🔥 BITGET RESUMES WITHDRAWALS IN PHASES AFTER THE HACK

💙 Bitget has begun restoring withdrawals according to a phased schedule. The exchange says the vulnerability has been identified and fixed.
🖤 User balances were not affected
🖤 Losses will be covered by the Protection Fund
🖤 Deposits and trading continue to operate normally

⭐ Withdrawal reopening schedule (UTC):
🟣 Sep 28, 08:00 UTC — BTC (Bitcoin network)
🟣 Sep 29, 08:00 UTC — ETH (Ethereum, BSC, Arbitrum, Base, Optimism)
🟣 Sep 30, 08:00 UTC — USDT (Ethereum, BSC, Solana, Tron)
🟣 Oct 2, 08:00 UTC — Other tokens / Fiat / P2P

Users do not need to take any additional action. Just monitor withdrawal status in the app and through the exchange’s official channels.

@BackcomGlobal

🇺🇸 SEC: TOKEN BUYBACKS DO NOT AUTOMATICALLY MAKE A TOKEN A SECURITY

🏙 The U.S. SEC clarified that a token buyback program does not automatically make a token a security.
🖤 For an already operational network, announcing a buyback is not enough on its own to turn the token into an investment contract
🖤 Exception: if the project has not launched yet and uses buybacks to promise profits/yield to holders
🖤 Upgrades and maintenance of an already functioning network are also not automatically treated as “managerial efforts” under the Howey test
🖤 Marketing an existing utility is generally acceptable; promising profits carries greater regulatory risk

@BackcomGlobal

🔥🔥🔥 TRUMP–XI SUMMIT ENDS: TRADE TRUCE EXTENDED, CHIP–AI ISSUES LEFT UNTOUCHED

🏙 The U.S.–China summit has concluded. A few smaller agreements were reached, but there was no major breakthrough.
🖤 The trade truce has been extended until January 10, 2027
🖤 Some “non-sensitive” goods will receive more favorable treatment: U.S. agricultural products and medical equipment; Chinese consumer goods
🖤 The goal is to separate these products from future tariff disputes
🖤 Chips, high technology, and national-security export restrictions were not included in the agreement
🖤 No final agreement on AI yet
🖤 USTR Jamieson Greer: the U.S. will release more details on Monday

🇺🇸–🇨🇳 Both sides have bought more time and kept regular trade channels open. The toughest issues — chips, AI, and security — remain unresolved.

@BackcomGlobal

🔥🔥🔥 BINANCE WALLET x U — TRADE pPOLY, SHARE $100,000 U

🪙 Binance Wallet has officially launched the pPOLY Trading Competition, offering a total prize pool of $100,000 U for users trading the pPOLY/U pair on BNB Smart Chain.

⭐ Campaign Period: 14:00, Sep 24 – 14:00, Oct 8. (UTC)

🟣 Trade pPOLY ↔️ U on BNB Smart Chain (BSC)
🟣 Both buy and sell orders count toward trading volume
🟣 Only trades made through Binance Wallet (Keyless) are eligible
🟣 Trades through Binance Alpha or third-party dApps do not count
🟣 An Early Bird Multiplier applies — trading volume on the first day is multiplied by 3x

👉 How to participate:
Open the Binance App → Wallet → find the pPOLY x U campaign banner → tap [Join] → start trading pPOLY/U.

🟠 If you don’t have a Binance account yet
🖤 Register using the LINK HERE
OR: Enter referral code “BCVIP” when registering, up to 40% fees rebates

🟢 Mechanism: 20% auto every oder, 20% total fees weekly is paid every Monday in Backcom App/Bot

🖤 Enter your Binance UID in Backcom Bot or Backcom App after registering to receive full Backcom benefits

🟢 If you already have a Binance account, message Admin @TM_Backcom for support

⚠️ Note: You must tap Join on the campaign page before trading for Binance to start tracking your volume. Only pPOLY/U trading volume on BSC through Binance Wallet will be counted.

@BackcomGlobal #Binance

STRATEGY ASKS SHAREHOLDERS TO APPROVE DAILY DIVIDEND PAYMENTS

⚡️ Strategy is proposing to pay dividends daily on four preferred stock classes: STRC, STRD, STRF, STRK, with the aim of reducing price volatility.
🖤 Shareholders will vote on October 28
🖤 The total annual dividend amount will not change — payments would simply be split into smaller, more frequent distributions
🖤 STRC would transition first (expected from November 1); the other three classes from January 1, 2027
🖤 Saylor: the goal is to improve price stability, liquidity, and demand

STRC was originally designed to trade around $100 but has previously fallen well below that level. Daily dividends are meant to “smooth out” the price — this is not an increase in total payouts, only a change in payment frequency.

@BackcomGlobal

🔥🔥🔥 U.S. TREASURY YIELDS RISE: 30-YEAR YIELD HITS 22-YEAR HIGH

🇺🇸 U.S. Treasury yields continue to climb, with the 30-year yield reaching its highest level in roughly 22 years.
🖤 The 10-year yield is holding around 5.20%, after previously hitting a 19-year high
🖤 The 30-year yield has reached around 5.49–5.50%
🔴 Drivers: a hawkish Fed + persistent inflation + high government debt
⚡️ Markets are pricing in a higher probability of another Fed rate hike this year

Higher long-term rates = more expensive borrowing costs for the government, businesses, and financial markets. Stocks, gold, and crypto all have to “carry” the weight of these elevated yields.

@BackcomGlobal