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.
@BackcomGlobal
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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.
@BackcomGlobal
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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.
@BackcomGlobal
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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.
@BackcomGlobal
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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
@BackcomGlobal
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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.
@BackcomGlobal
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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.
@BackcomGlobal
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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.
@BackcomGlobal
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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.
@BackcomGlobal
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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.
@BackcomGlobal
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๐ฃ Trade pPOLY โ๏ธ U on BNB Smart Chain (BSC)๐ฃ Both buy and sell orders count toward trading volume๐ฃ Only trades made through Binance Wallet (Keyless) are eligible๐ฃ Trades through Binance Alpha or third-party dApps do not count๐ฃ An Early Bird Multiplier applies โ trading volume on the first day is multiplied by 3x
Open the Binance App โ Wallet โ find the pPOLY x U campaign banner โ tap [Join] โ start trading pPOLY/U.
OR: Enter referral code โ
BCVIPโ when registering, up to 40% fees rebates๐ข Mechanism: 20% auto every oder, 20% total fees weekly is paid every Monday in Backcom App/Bot
@BackcomGlobal #Binance
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STRATEGY ASKS SHAREHOLDERS TO APPROVE DAILY DIVIDEND PAYMENTS
โก๏ธ Strategy is proposing to pay dividends daily on four preferred stock classes: STRC, STRD, STRF, STRK, with the aim of reducing price volatility.
๐ค Shareholders will vote on October 28
๐ค The total annual dividend amount will not change โ payments would simply be split into smaller, more frequent distributions
๐ค STRC would transition first (expected from November 1); the other three classes from January 1, 2027
๐ค 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 โsmooth outโ the price โ this is not an increase in total payouts, only a change in payment frequency.
@BackcomGlobal
STRC was originally designed to trade around $100 but has previously fallen well below that level. Daily dividends are meant to โsmooth outโ the price โ this is not an increase in total payouts, only a change in payment frequency.
@BackcomGlobal
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๐บ๐ธ U.S. Treasury yields continue to climb, with the 30-year yield reaching its highest level in roughly 22 years.
Higher long-term rates = more expensive borrowing costs for the government, businesses, and financial markets. Stocks, gold, and crypto all have to โcarryโ the weight of these elevated yields.
@BackcomGlobal
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