🔥🔥🔥 BRENT HITS $114 AMID FEARS OF RENEWED U.S.–ISRAELI STRIKES ON IRAN

🖤 Brent crude reached around $114 per barrel, returning to its highest level since May as Middle East tensions escalated.
🖤 Military planning: According to NPR, citing sources familiar with the matter, the U.S. and Israel are preparing options for strikes on Iran after the U.S. midterm elections on November 3.
🖤 Supply risks: Houthi attacks on Saudi Arabia continue to fuel concerns over disruptions to energy supplies.

🚨 These reports concern contingency planning, not confirmation that President Trump has approved a new military campaign.

@BackcomGlobal

🔥 CIRCLE SHAREHOLDER SUES TRUMP AND WLFI, ALLEGING HARM TO USDC

💸 A Circle shareholder has sued Donald Trump and World Liberty Financial (WLFI), alleging that crypto transactions involving the UAE unlawfully benefited Trump and harmed Circle.

- Allegations: The plaintiff claims that receiving benefits from foreign governments through crypto activities violates the U.S. Constitution and puts USDC at a competitive disadvantage against USD1.
- Key transaction: The lawsuit cites Abu Dhabi fund MGX’s use of USD1 to settle its $2 billion investment in Binance.
- Response: The White House rejected the conflict-of-interest allegations. Circle said it did not initiate, direct, or participate in filing the lawsuit.

❗️ This is a shareholder-filed lawsuit, not a case brought directly by Circle. The allegations are not findings by a court.

@BackcomGlobal

🔥🔥🔥 3 OKX WEB3 CAMPAIGNS ARE LIVE — HAVE YOU JOINED YET?

🎁 Learn about DEX trading, trade tokenized stocks, and explore the X Layer ecosystem — here’s Backcom’s roundup of the ongoing campaigns!

1️⃣. OKX DEX ACADEMY — A CHANCE TO EARN 5 USDT
🖤 Watch the video and learn how to use OKX DEX.
🖤 Deposit at least 50 USDT and complete a qualifying swap worth at least 100 USDT.
🖤 Follow @okx_vietnam on X.
🖤 Submit your wallet address through the reward claim form.
🎁 Limited to 400 participants, with priority given to those who complete all requirements first.
⭐ Ends: November 7, 2026.
➡️ JOIN DEX ACADEMY
───────────

2️⃣. TECH INNOVATORS — 200,000 USDG REWARD POOL
Trade tokenized stocks NVDAx, TSLAx, METAx, SPCXx, AVGOx, and AMDx on X Layer.
🖤 20,000 USDG per day for the daily trading volume leaderboard.
🖤 60,000 USDG for the overall leaderboard.
⭐ Ends: October 27, 2026, at 10:00 UTC.
➡️ JOIN TECH INNOVATORS
───────────

3️⃣. TRADE X LAYER TOKENS — 50,000 USDG REWARD POOL
Trade the competition’s eligible tokens BEM, 宝拉, and FAB on OKX DEX.
🥇 1st place: Earn 1,000 USDG.
✔️ Ranks 801–1,000: Earn 30 USDG each; other ranks receive rewards according to the allocation table.
⭐ Ends: October 26, 2026, at 10:00 UTC.
➡️ JOIN THE X LAYER COMPETITION

❗️ Remember to register for both trading competitions before trading so your qualifying volume is counted.
───────────

◻️ If you don’t have an OKX account yet
🟢 Register using LINK HERE
OR: Enter the referral code “VIPBACKCOM” when signing up to receive 50% trading fee rebates on OKX

🖤 Rebate Mechanism: 20% paid automatically daily + 30% rebate paid every Monday via Backcom Mini App

🤑 Already have an OKX account but haven’t received the full 50% fee rebate? Check out the guide in this article

🟢 Need help with any fee rebate issues? DM Admin @TM_Backcom for support.

⚠️ Trading involves risk. Read the rules, reward eligibility requirements, and costs carefully before participating; do not increase your trading volume solely to earn rewards.

@BackcomGlobal #OKX

🔥🔥🔥 TETHER ASKED TO EXPLAIN MULTIMILLION-DOLLAR PAYMENTS LINKED TO BO HINES

🏙 U.S. Senator Richard Blumenthal has requested clarification on payments Tether made to Nxum, a company co-founded by Bo Hines, while Hines was still involved in shaping White House crypto policy.
🖤 Payments under scrutiny: According to The Wall Street Journal, Nxum received approximately $6.3 million through a Tether-related agreement; payments began while Hines was still serving in the administration.
🖤 Conflict-of-interest concerns: Hines retained a one-third stake in Nxum while helping develop the GENIUS Act, stablecoin legislation directly affecting Tether.
🖤 Tether’s response: The company said an internal investigation conducted by outside counsel found no evidence of wrongdoing.

💵 This is a request for information as part of an investigation, not a finding that Tether or Bo Hines broke the law.

@BackcomGlobal

📈 THE MARKET HAS ENTERED AN UPTREND! ARE YOU READY TO START TRADING AGAIN?

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Trading crypto assets involves significant risk. This content is for informational purposes only and does not constitute investment advice.
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@BackcomGlobal #BackcomCrypto #CryptoRebates

🔥🔥🔥 TRUMP SAYS U.S. IS NOT IN TALKS WITH IRAN, ACCUSES TEHRAN OF “MAKING THINGS UP” TO DRIVE UP OIL PRICES

🇺🇸 President Donald Trump said the U.S. is not currently negotiating with Iran, adding that new developments would come “fairly soon.”
🟣 Trump’s allegation: He accused Iran of fabricating reports of ships being attacked and striking naval mines in the Strait of Hormuz to push oil prices higher ahead of the U.S. midterm elections.
🟣 Timing: Trump said many people expect the next developments to occur after the elections, but announced no specific action.

👍 The claim that Iran is “making things up” is Trump’s allegation, not an independently verified finding.

@BackcomGlobal

🔥🔥🔥 TRUMP TALKS PEACE, THEN EYES ANOTHER ROUND AGAINST IRAN

🙂 Donald Trump said the U.S. could launch another round of “Epic Fury” against Iran, but gave no timing or details on its scale.

🖤 Shifting message: Earlier that day, Trump said the U.S. could quickly end the war, while also considering letting the conflict wind down on its own.
🖤 Iran prepares to retaliate: Reuters cited two senior Iranian security officials saying Tehran had drawn up plans to attack undersea telecommunications cables in the Gulf if U.S. and Israeli strikes resume.
🖤 Potential targets could expand: One official warned that military bases, including secret facilities, could also be targeted.

❗️ The latest remarks do not confirm a U.S. attack before the elections — that remains a possibility, not a finalized operational timeline.

@BackcomGlobal

📉 MARKETS SELL OFF: GOLD BREAKS BELOW $4,000, BTC FALLS TO $80,000

🔴 Selling pressure spreads across asset classes as gold, U.S. stocks, and crypto all weaken.

🖤 Gold: Breaks below $4,000 per ounce.
🖤 U.S. stocks: Major indices trade in the red.
🖤 Bitcoin: Falls to around $80,000.
🖤 Altcoins: Many post sharp losses alongside BTC.

❗️ Risk-off sentiment is gripping markets — BTC faces a crucial test at $80,000.

@BackcomGlobal

🔥 ISRAEL CONSIDERS BLOCKCHAIN AS A CONTINGENCY AGAINST FINANCIAL SANCTIONS

🇮🇱 Prime Minister Benjamin Netanyahu said Israel needs contingency plans to maintain financial operations if it faces future sanctions, including banking restrictions.

🖤 Blockchain is one option: Netanyahu confirmed he had requested plans to use blockchain technology and alternative financial tools to reduce reliance on traditional banking.
🖤 No specific coin or blockchain selected: No details have been announced regarding a currency, network, or implementation timeline.
🖤 Reducing reliance on the U.S.: Netanyahu also said U.S. military aid cannot last forever, and Israel needs to expand domestic production of weapons and ammunition.

⚡️ For now, this is a request to develop contingency options, not an official Israeli crypto rollout plan.

@BackcomGlobal

🔥🔥🔥 OKX HOT OFFER — TRADE TSLA & HOOD, EARN UP TO 500 USDT PER USER!

🤑 OKX’s Earnings Season Trading Series #1 is live, with a total reward pool of up to 100,000 USDT for trading TSLA-USDT & HOOD-USDT Perpetual Futures.

🖤 Every 1,000,000 USDT in eligible trading volume → earn 50 USDT
🖤 Up to 10 milestones → 500 USDT per user
🖤 Trading volume from TSLA-USDT + HOOD-USDT is combined
🖤 Both executed Buy & Sell orders count
✔️ FIRST COME, FIRST SERVED!
The reward pool covers a maximum of 2,000 milestones × 50 USDT. Users who reach each 1 million USDT volume milestone first receive priority — rewards may end early once the pool is exhausted.

🤩 Ends: October 27, 2026, at 10:00 UTC

➡️ JOIN THE EVENT HERE

👉 REMEMBER TO CLICK “JOIN NOW” BEFORE TRADING!
Only trading volume generated after successful registration counts. The campaign is open to KYC-verified regular and VIP 1–3 accounts; subaccounts and KYB accounts are ineligible.

💰 Examples: 1 million USDT in volume → 50 USDT, 5 million → 250 USDT, 10 million → up to 500 USDT, provided rewards remain available.

◻️ If you don’t have an OKX account yet
🟢 Register using LINK HERE
OR: Enter the referral code “VIPBACKCOM” when signing up to receive 50% trading fee rebates on OKX

🖤 Rebate Mechanism: 20% paid automatically daily + 30% rebate paid every Monday via Backcom Mini App

🤑 Already have an OKX account but haven’t received the full 50% fee rebate? Check out the guide in this article

🟢 Need help with any fee rebate issues? DM Admin @TM_Backcom for support.

⚠️ Futures trading carries high risk. Do not increase leverage or trading volume solely to earn rewards.

@BackcomGlobal #OKX

🔥🔥🔥 CHINA AIMS TO COMPLETE NATIONAL BLOCKCHAIN NETWORK BY 2030

🇨🇳 China aims to largely complete its national blockchain network by 2030, supporting sectors such as trade, finance, and manufacturing.

▫️ Nationwide infrastructure: The plan includes a central backbone network, regional hubs, and decentralized digital identity services.
▫️ Real-world applications: Blockchain adoption will be expanded across trade and finance in the Yangtze River Delta, as well as manufacturing and agriculture in the Chengdu–Chongqing region.
▫️ Crypto remains banned: China continues to prohibit cryptocurrency business activities and trading on the mainland, while also tightening restrictions on stablecoins and real-world asset (RWA) tokenization.

China is betting big on blockchain technology, but that does not mean reopening its doors to crypto.

@BackcomGlobal

🔥🔥🔥 BRENT HITS NEAR SIX-MONTH HIGH, U.S. STOCKS FALL AHEAD OF FED MEETING

🔴 Brent crude continues to climb, reaching its highest level in nearly six months, as Middle East supply risks remain in focus.
🖤 U.S. stocks: Closed lower on October 23 as investors turned cautious ahead of the October 27–28 Fed meeting.
🖤 Brent crude: Remains elevated, reflecting supply concerns and geopolitical tensions.
🖤 Next catalyst: Markets await signals from the Fed on interest rates and the monetary policy outlook.

🛢 Oil remains strong while U.S. stocks come under pressure — all eyes are on the Fed’s meeting at the end of the month.

@BackcomGlobal

💸 BYBIT — A TOP CHOICE FOR FUTURES TRADING!

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💬 Message @TM_Backcom if you already have a Bybit account or you need direct and detailed support.

Crypto trading involves significant risk. This content is for informational purposes only and does not constitute investment advice.
Trade as usual. Pay less in fees. Keep more with Backcom.io. ⚪️

@BackcomGlobal #Bybit #BybitRebates

🔥🔥🔥 TRUMP: U.S. HAS “EVERYTHING WE WANT” AT HORMUZ

🇺🇸 President Donald Trump said the U.S. could end the war with Iran very quickly, but Washington is still weighing whether to “finish the job” or let the conflict gradually wind down.
🟣 Strait of Hormuz: Trump said oil continues to pass through the shipping route and claimed the U.S. has “everything we want.”
🟣 Iranian oil: He also claimed the U.S. could take control of all Iranian oil if it wanted to — this is Trump’s statement, not an announcement of an implemented policy.
📈 Brent crude is trading around $114–$117 per barrel, while gold has fallen below $4,000 and Bitcoin remains choppy around $81,000.

🚨 The Middle East remains in focus: further signs of escalation at Hormuz could trigger more sharp swings in oil, gold, and crypto.

@BackcomGlobal

🤑 OKX — THE BEST CHOICE FOR AN ALL-IN-ONE TRADING PLATFORM!

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🖤 Mechanism: 20% paid automatically daily + 30% rebate paid every Monday via Backcom App/Bot

➡️ OKX REBATE PROGRAM DETAIL

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💬 Message @TM_Backcom if you need direct and detailed support

Crypto trading involves significant risk. This content is for informational purposes only and does not constitute investment advice.
Trade as usual. Pay less in fees. Keep more with Backcom.io. 🚀

@BackcomGlobal #OKX #OKXRebates

🔴 U.S. ECONOMIC CALENDAR (UTC)
WEEK 5 — OCTOBER 2026 (OCT 26–NOV 1)

🗓 Fed rate decision week! Following the CPI/PPI inflation reports, markets enter a crucial week featuring the Fed meeting, Q3 GDP, and PCE inflation data. These events could trigger sharp moves across financial markets.
📌 Key times to watch:

🟣 12:30 UTC, Tuesday, Oct 27: Durable Goods Orders.
🟣 14:00 UTC, Tuesday, Oct 27: U.S. Consumer Confidence + New Home Sales.
🖤 18:00 UTC, Wednesday, Oct 28: FED INTEREST RATE DECISION.
🖤 18:30 UTC, Wednesday, Oct 28: FED CHAIR’S PRESS CONFERENCE.
🖤 12:30 UTC, Thursday, Oct 29: U.S. Q3 GDP (advance estimate) + September PCE/Core PCE + Initial Jobless Claims.
🟣 12:30 UTC, Friday, Oct 30: Q3 Employment Cost Index.

⚡️ THIS WEEK’S BIGGEST CATALYSTS: FED + GDP + PCE!
📈Markets will focus on the Fed’s rate decision and policy message, followed by key readings on U.S. economic growth and inflation.
⚠️ If you trade USD, gold (XAUUSD), U.S. stocks, or Bitcoin, keep these times in mind: prices could swing sharply, spreads may widen, and sudden reversals could catch traders on both sides.

➡️ VIEW THE UPDATED ECONOMIC CALENDAR HERE

Wishing everyone a profitable trading week ahead! 💪

@BackcomGlobal

📣 All Crypto Exchange Fee Rebates for Last Week (10/19 - 10/25) Have Been Fully Paid

🟢 Everyone, check immediately in your Backcom App/Bot!

If you haven't received the rebate yet, register your exchange accounts using the information below to use the service:

💰 Bybit - 50% Rebates
Register Link | Referral Code: VIPBACKCOM

🖤 Mechanism: 50% rebate every Monday

🟢 Already have an account? View guide

🤑 OKX - 50% Rebates
Register Link | Referral Code: VIPBACKCOM

🖤 Mechanism: 20% automatic daily, 30% rebate every Monday

🟢 Already have an account? View guide

💰 Binance - Up to 40% Rebates
Register Link | Referral Code: BCVIP

🖤 Mechanism: 20% automatic daily, 20% rebate every Monday

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✖️ BingX - 50% Rebate
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🖤 Mechanism: 50% automatic daily

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📈 MEXC - 50% Rebate
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🖤 Enter your UID Exchange in Backcom Bot or Backcom App after registering to receive full Backcom benefits (Only applies to exchanges with weekly additional rebates)

📱 Learn more about other exchanges at https://backcom.io/en

Wishing everyone a profitable trading week! 😎

@BackcomGlobal #BackcomCrypto

📉 MARKETS REMAIN SUBDUED: GOLD STRUGGLES AT $4,000, BTC STUCK AT $79,000

🔴 Financial markets remain weak as gold lacks clear direction, Bitcoin stalls, and altcoins decline across the board.

🖤 Gold: Hovers around $4,000 per ounce, with no clear signs of a breakout.
🖤 Bitcoin: Stuck around $79,000, unable to regain recovery momentum.
🖤 Altcoins: Many remain in the red, with buying pressure still too weak to drive a reversal.

Caution continues to dominate markets — both gold and crypto are waiting for a fresh catalyst to break out of the gloom.

@BackcomGlobal

🚨 COINDCX CONFIRMS $16 MILLION LOSS AFTER LEGACY WALLET HACK

🇮🇳 Indian crypto exchange CoinDCX officially acknowledged a loss of approximately 15.99 million USDT after its legacy wallet system was exploited on October 21, 2026.
👉 Cause: A malfunction in its automated fund transfer system caused assets to accumulate in legacy wallet addresses previously affected by the 2025 hack.
🖤 CoinDCX absorbs the loss: The exchange confirmed it has fully covered the loss, stating that customer balances remain safe and trading, deposits, and withdrawals have continued without interruption.
🖤 Notably: CoinDCX’s CEO had previously denied reports of a hack, dismissing them as a false alarm.

🟢 The incident raises further questions about wallet infrastructure security and transparency in disclosing security incidents at crypto exchanges.

@BackcomGlobal

🔥🔥🔥 BINANCE ALPHA — TRADE OROCHI NETWORK (ON), SHARE A $200,000 REWARD POOL!

💸 Binance is running an Orochi Network (ON) trading competition on Binance Alpha, offering rewards worth up to $200,000 for users trading through Binance Alpha or Binance Wallet (Keyless).
🏆 REWARD STRUCTURE
✅ Top 2,000 winners ranked by eligible ON buy volume, with a total of 840,000 ON allocated.
✅ Each winning spot receives 420 ON, subject to the leaderboard rankings and campaign terms.
✅ Early Bird: Early trading volume receives a multiplier of up to 2.0x, boosting the volume counted toward leaderboard rankings.
✅ Rising Trader: Eligible users receive an additional 1.2x multiplier on the portion of trading volume covered by the promotional limit.

🗓 EVENT SCHEDULE (UTC)
⏰ Round 1: October 22, 2026, at 13:00 – October 29, 2026, at 13:00.
⏰ Round 2: October 29, 2026, at 13:00 – November 5, 2026, at 13:00.

➡️ VIEW THE RULES & JOIN ON BINANCE

👉 HOW TO PARTICIPATE
🖤 Open the event page in the Binance App and tap Join.
🖤 Use Binance Alpha or Binance Wallet (Keyless).
🖤 Buy ON tokens to accumulate trading volume and compete on the leaderboard.

❗️ IMPORTANT NOTES:
🖤 Only ON BUY volume counts; sell orders are excluded.
🖤 Trading volume generated before tapping Join is ineligible.
🖤 Rewards are expected to be distributed before 13:00 UTC on November 19, 2026, and must be claimed within 14 days of becoming available.
🖤 The market value of ON rewards may fluctuate.

🟠 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

💖 Check the eligibility requirements and trading fees, and manage your capital responsibly before joining the competition!

@BackcomGlobal #Binance

🔥🔥🔥 ELON MUSK WARNS OF BANKRUPTCIES AND CONSOLIDATION IN AI CLOUD INDUSTRY

🤔 Elon Musk warned that more than 200 AI server and computing capacity providers (neoclouds) face the risk of bankruptcy or acquisition as debt financing becomes increasingly scarce.
🖤 Funding squeeze: According to Musk, credit markets have effectively shut out businesses that rely entirely on revenue from AI data centers.
🖤 Industry shakeout: Musk predicts most of the 200-plus neocloud companies could go bankrupt or merge, leaving only a handful standing.
🖤 SpaceX: Musk said the company recently raised $40 billion in debt financing to buy GPUs for AI, supported by revenue from Starlink and rocket launches.

The AI boom continues, but massive infrastructure costs and mounting debt pressure could trigger a major shakeout in the AI computing industry.

@BackcomGlobal