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Backcom.io - Backcom.io โ€“ Crypto & Forex Trading Fee Cashback Platform

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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ GLOBAL OIL RESERVE BUFFER IS GETTING THINNER

๐Ÿ›ข The Iran crisis has forced the IEA to release 400 million barrels of emergency oil reserves โ€” the largest release in history.
๐Ÿšจ Notably:
๐Ÿ–คMore than 43% of global oil production comes from countries affected by conflict.
๐Ÿ–คGlobal oil reserves continue to be drawn down as Middle Eastern supply and refining operations face disruptions.
๐Ÿ–คAs a result, the room to use strategic reserves to โ€œsupportโ€ the market is becoming increasingly limited.

โšก๏ธ If oil prices keep rising โ†’ transportation costs and inflation increase โ†’ making it even harder for the Fed to consider cutting interest rates anytime soon.

Oil prices are no longer just an energy story โ€” they now pose a direct threat to the global inflation outlook.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ U.S. โ€“ IRAN CLASH AGAIN!

๐Ÿ‡บ๐Ÿ‡ธ The U.S. has just carried out airstrikes on 2 IRGC launchers on Larak Island, near the Strait of Hormuz, saying Iran was preparing to deploy weapons that threatened shipping routes.
๐Ÿ‡ฎ๐Ÿ‡ท Iran immediately retaliated with ballistic missile strikes on 2 bases hosting U.S. forces in Jordan.
๐Ÿ‡ฏ๐Ÿ‡ด Jordan said 8 missiles were intercepted; so far, no major damage to U.S. forces has been reported.

Hormuz is heating up again โ€” oil rises, while risk assets come under pressure.

@BackcomGlobal
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๐Ÿ”ด U.S. ECONOMIC CALENDAR (UTC)
WEEK 01 โ€“ SEPTEMBER 2026

This week, the main focus will be U.S. labor market data, especially the August Nonfarm Payrolls (NFP) report, alongside ISM, JOLTS, and ADP data.

๐Ÿ“Œ Key events to watch:
๐ŸŸก 14:00 UTC, Tuesday, Sep 01: ISM Manufacturing PMI โ€“ August
๐ŸŸก 14:00 UTC, Tuesday, Sep 01: JOLTS Job Openings โ€“ July
๐ŸŸก 12:15 UTC, Wednesday, Sep 02: ADP Nonfarm Employment Change โ€“ August
๐ŸŸก 14:00 UTC, Thursday, Sep 03: ISM Non-Manufacturing (Services) PMI โ€“ August
๐ŸŸข 12:30 UTC, Friday, Sep 04: Nonfarm Payrolls (NFP) + Unemployment Rate + Average Hourly Earnings โ€“ August

๐Ÿ“ˆ The main focus this week is the NFP report on Sep 04. The ISM, JOLTS, and ADP data released beforehand will help markets assess the health of the U.S. economy and labor market, which could significantly impact Fed rate expectations, USD, gold, U.S. equities, and Treasury yields.

View News Source

Wishing everyone a smooth and successful trading week! ๐Ÿ’ช

@BackcomGlobal
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๐Ÿ“ˆ Markets React Sharply at the Start of the Week

๐Ÿ›ข Brent surged again as U.S.โ€“Iran tensions continued to escalate around the Strait of Hormuz, raising the risk of oil supply disruptions.
๐Ÿ’ฐ BTC briefly fell to around $77K, giving back most of its previous rebound.
๐Ÿช™ Altcoins performed even worse as capital continued rotating back into Bitcoin, keeping BTC Dominance at elevated levels.


Risk-off is back, and altcoins are taking the biggest hit.


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

@BackcomGlobal #BackcomCrypto
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ SAYLOR HINTS HEโ€™S BACK BUYING BTC!

๐Ÿ™ After roughly 10 weeks on the sidelines, Michael Saylor suddenly posted a chart of Strategyโ€™s Bitcoin holdings with the message: โ€œWeโ€™re โ‚ฟack.โ€
๐ŸŸฃ Strategy currently holds around 840,447 BTC and has not purchased any additional Bitcoin since June 22.
๐ŸŸฃ Saylor often โ€œteasesโ€ these charts before BTC purchase announcements at the start of the week, so the market is now expecting Strategy to announce a new transaction later tonight, Vietnam time.
๐Ÿ”” There is still no official confirmation that Strategy has bought more Bitcoin.

The marketโ€™s biggest whale may be about to start accumulating again.

@BackcomGlobal
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๐Ÿ”ฅ RUSSIAโ€™S LARGEST BANK WANTS TO ACCEPT BTC, ETH, AND USDT AS COLLATERAL

๐Ÿ‡ท๐Ÿ‡บ Sberbank is preparing to expand loans backed by digital assets.
๐Ÿ‘‰ Assets expected to be accepted:
๐Ÿ–ค Bitcoin (BTC)
๐Ÿ–ค Ethereum (ETH)
๐Ÿ–ค USDT
โšก๏ธ Notably, Russia has included all three assets on the list of cryptocurrencies permitted for public trading, as the new crypto law takes effect on September 1, 2026.
๐Ÿšจ However, Sberbankโ€™s crypto-backed lending product has not yet been rolled out on a large scale and still depends on the final regulations from the Central Bank of Russia.

Crypto is taking another step from being an investment asset to becoming collateral within the traditional banking system.

@BackcomGlobal
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@BackcomGlobal #Bybit
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ GOLD OVERTAKES U.S. TREASURIES IN GLOBAL RESERVES

๐Ÿ™ For the first time since 1996, goldโ€™s share of global central bank reserves has surpassed U.S. Treasuries.
โญ By the end of 2025:
๐Ÿ–ค Gold: ~27%
๐Ÿ–ค U.S. Treasuries: ~22%
๐Ÿ–ค Euro: ~15%
โžก๏ธ This trend reflects how central banks are increasingly prioritizing reserve diversification, reducing geopolitical risk, and increasing exposure to assets that do not depend on a single issuing country.

๐Ÿšจ However, a significant part of goldโ€™s rising share comes from the sharp increase in gold prices, rather than entirely from capital flowing out of U.S. Treasuries.

Gold is regaining its strategic role in national reserve portfolios.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ U.S.โ€“IRAN TENSIONS HEAT UP AGAIN: OIL AT $91, BTC HOVERS AROUND $78K

๐Ÿ”ด U.S. stocks closed lower:
๐Ÿ–ค Dow Jones -0.70%
๐Ÿ–ค S&P 500 -0.33%
๐Ÿ–ค Nasdaq -0.12%
๐Ÿ›ข Brent climbed to around $91/barrel as U.S.โ€“Iran tensions escalated again, raising concerns that supply through the Strait of Hormuz could face further disruptions.
๐Ÿค‘ BTC is holding around $78Kโ€“$79K, still unable to reclaim the $80K level as risk-off sentiment and expectations of a Fed rate hike continue to weigh on the market.

The hotter oil gets, the greater the pressure on inflation and risk assets.

@BackcomGlobal
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๐Ÿ“ˆ BTC & ETH CLOSE OUT AN EXPLOSIVE AUGUST

๐Ÿ’ฐ Bitcoin +24% in August, marking its strongest monthly gain since November 2024.
๐Ÿช™ Ethereum +31%, continuing to outperform BTC as capital flows back into the crypto market.

๐Ÿ“Œ BTC still managed to hold around $78K despite a wave of pressure toward the end of the month:
๐Ÿ–ค U.S.โ€“Iran tensions escalating
๐Ÿ–ค Oil rising above $90
๐Ÿ–ค The Fed turning more hawkish

๐Ÿ“† August belonged to the crypto bulls.

@BackcomGlobal
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๐Ÿ“ˆ MAJOR WHALES ARE RETURNING TO ACCUMULATE CRYPTO

๐ŸŸข BitMine bought another 53,501 ETH (~$131M) over the past week โ€” its biggest purchase since June:
๐Ÿ–ค 5.9 million ETH
๐Ÿ–ค Equivalent to 4.9% of total supply
๐Ÿ–ค Only around 134K ETH short of its 5% target.
๐ŸŸข Strategy comeback: bought 4,603 BTC for $369.7M, at an average price of $80,318/BTC.
๐Ÿ–ค Following the purchase, Strategy increased its total holdings to 845,050 BTC.

BTC has Saylor, ETH has Tom Lee โ€” the whales are accumulating aggressively again.

@BackcomGlobal
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KICKING OFF SEPTEMBER: TRUMP-LINKED FUND MAKES A BIG BET ON POLYMARKET

๐Ÿ™ According to Bloomberg, Polymarket is raising $1 billion, which would value the prediction market platform at $21 billion.
๐Ÿ”ด Notably, 1789 Capital โ€” a fund where Donald Trump Jr. is a partner โ€” is leading the funding round and is expected to invest around $300 million.
๐Ÿ–ค 1789 Capital had previously invested about $200 million in Polymarket.
๐Ÿ–ค Polymarket has declined to comment on the deal for now.

Prediction markets are attracting massive capital from the U.S. financial sector. ๐Ÿ‘จโ€๐Ÿ’ผ

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ JAPAN: BOJ WONโ€™T LET THE U.S. โ€œDICTATEโ€ INTEREST RATES

๐Ÿ™ A senior Japanese Finance Ministry official said the BoJ will set policy based on Japanโ€™s own economic conditions and will not be influenced by the U.S.
๐Ÿ‡บ๐Ÿ‡ธ Earlier, Scott Bessent repeatedly applied pressure, arguing that Japan should raise interest rates faster to support the yen.
๐Ÿ“ˆ Markets are currently pricing in around a 73% chance of a BoJ rate hike in September, while USD/JPY remains around 159โ€“160.

๐Ÿ‡ฏ๐Ÿ‡ต Japan may raise rates, but the decision still has to belong to the BoJ.

@BackcomGlobal
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๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ U.S. TREASURY YIELDS ARE APPROACHING THEIR PEAK AGAIN

๐Ÿ“ˆ The U.S. 10Y yield has climbed to around 4.78%, near its highest level in almost 20 months, even though the U.S. Treasury recently announced an increase in long-term bond buybacks from $2B to at least $4B per operation.
๐Ÿ‘‰ Pressure is coming from:
๐Ÿ–ค Inflation remains elevated
๐Ÿ–ค The Fed has turned more hawkish after Jackson Hole
๐Ÿ–ค U.S. public debt has surpassed $40 trillion
๐Ÿ–ค Oil above $90 is reigniting inflation expectations
๐Ÿ–ค Investors are demanding higher yields to hold long-term U.S. debt
๐Ÿšจ The higher yields go โ†’ the more pressure on stocks, gold, and BTC.


For yields to come down, the market needs cooler inflation, a less hawkish Fed, or an improvement in U.S. fiscal conditions*.*

@BackcomGlobal
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