Binance Square
Rai Waheed
@Square-Creator-372b1f75377b
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Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
With the new year approaching, where do you think Bitcoin will go next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! 
*Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.

Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-05 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at  2025-01-05 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of identical predictions, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 7 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
#BTCMiningPeak The peak of Bitcoin mining is a bit of a complex topic. Bitcoin's hash rate, which reflects the amount of computing power committed to the network, has been steadily increasing over the years. In 2016, the hash rate topped 1 exahash/second, marking a significant milestone ¹. However, if we're talking about the peak in terms of Bitcoin's price, that's a different story. The price of Bitcoin has fluctuated wildly over the years, with several peaks and valleys. One notable peak was in 2017, when the price of Bitcoin surged to nearly $20,000 ¹. But if you're asking about the peak in terms of mining profitability or efficiency, that's a more nuanced discussion. Factors like electricity costs, mining hardware efficiency, and network difficulty all play a role in determining the profitability of mining. Would you like me to elaborate on any of these points?
#BTCMiningPeak The peak of Bitcoin mining is a bit of a complex topic. Bitcoin's hash rate, which reflects the amount of computing power committed to the network, has been steadily increasing over the years. In 2016, the hash rate topped 1 exahash/second, marking a significant milestone ¹.

However, if we're talking about the peak in terms of Bitcoin's price, that's a different story. The price of Bitcoin has fluctuated wildly over the years, with several peaks and valleys. One notable peak was in 2017, when the price of Bitcoin surged to nearly $20,000 ¹.

But if you're asking about the peak in terms of mining profitability or efficiency, that's a more nuanced discussion. Factors like electricity costs, mining hardware efficiency, and network difficulty all play a role in determining the profitability of mining.

Would you like me to elaborate on any of these points?
#BitwiseBitcoinETF You're referring to the Bitwise Bitcoin ETF! The Bitwise Bitcoin ETF is an exchange-traded fund (ETF) that aims to track the price of Bitcoin. It's designed to provide investors with exposure to Bitcoin without having to directly hold or manage the cryptocurrency. Bitwise Asset Management, the company behind the ETF, filed for approval with the US Securities and Exchange Commission (SEC) in 2019. However, the SEC has yet to approve a Bitcoin ETF in the United States. Despite the delay, Bitwise has continued to innovate and offer other cryptocurrency-related products. They've also filed for an Ethereum ETF and other related investment products. Would you like to know more about Bitcoin ETFs, Bitwise, or cryptocurrency investing in general?
#BitwiseBitcoinETF You're referring to the Bitwise Bitcoin ETF!

The Bitwise Bitcoin ETF is an exchange-traded fund (ETF) that aims to track the price of Bitcoin. It's designed to provide investors with exposure to Bitcoin without having to directly hold or manage the cryptocurrency.

Bitwise Asset Management, the company behind the ETF, filed for approval with the US Securities and Exchange Commission (SEC) in 2019. However, the SEC has yet to approve a Bitcoin ETF in the United States.

Despite the delay, Bitwise has continued to innovate and offer other cryptocurrency-related products. They've also filed for an Ethereum ETF and other related investment products.

Would you like to know more about Bitcoin ETFs, Bitwise, or cryptocurrency investing in general?
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Crypto Solutions
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Why BNB is a Token You Shouldn't Fade in 2025
BNB, the native token of the Binance ecosystem, remains a compelling asset not to fade in 2025 due to several key factors. Firstly, Binance is not just the largest cryptocurrency exchange by trading volume but also boasts a robust ecosystem that includes BNB Chain, Binance Smart Chain, and various decentralized applications (dApps). This ecosystem drives substantial utility for BNB, which is used for transaction fees, staking, and participating in token sales on Binance Launchpad.
The token's deflationary nature, where Binance burns a portion of BNB quarterly, effectively reduces supply over time, potentially increasing its value if demand remains constant or grows. Analysts predict significant growth for BNB, with price forecasts suggesting values could soar from $1,435.73 to upwards of $2,081 by 2025, showcasing confidence in its continued relevance and utility.
BNB also benefits from a strong community and brand loyalty, with Binance expanding its services into areas like finance, entertainment, and travel, all utilizing BNB. This expansion not only broadens the token's use cases but also cements its position in the crypto market. Moreover, with the increasing integration of blockchain technology into traditional finance, BNB's role could expand further, especially if regulatory environments become more favorable for crypto exchanges like Binance.
Given these points, fading BNB in 2025 could mean missing out on a token with solid fundamentals, a growing ecosystem, and a community that continues to support and expand its utility.
$BNB
#Crypto2025Trends Institutional investors are gradually recognizing that ethereum isn't just another digital asset," Johansen observes. "It's a yield-generating instrument. In 2025, we'll begin to see parity between ETH and BTC holdings." Johansen points to staking as a major driver of ethereum's upside potential.
#Crypto2025Trends Institutional investors are gradually recognizing that ethereum isn't just another digital asset," Johansen observes. "It's a yield-generating instrument. In 2025, we'll begin to see parity between ETH and BTC holdings." Johansen points to staking as a major driver of ethereum's upside potential.
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Bullish
$BNB The live BNB price today is $694.73 USD with a 24-hour trading volume of $1836801180.43 USD. We update our BNB to USD price in real-time
$BNB The live BNB price today is $694.73 USD with a 24-hour trading volume of $1836801180.43 USD. We update our BNB to USD price in real-time
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Bullish
$BTC currency) designed to act as money and a form of payment outside the control of any one person, group, or entity
$BTC currency) designed to act as money and a form of payment outside the control of any one person, group, or entity
#ReboundRally In terms of the stock market, a rebound could be a day or a period of time in which a stock, or the stock market overall, recovers after a selloff
#ReboundRally In terms of the stock market, a rebound could be a day or a period of time in which a stock, or the stock market overall, recovers after a selloff
#ReboundRally A rebound in the context of stocks or other securities means a price increase from a lower point. A rebound for the overall economy means an increase in economic activity from lower levels, such as the recovery from a downturn
#ReboundRally A rebound in the context of stocks or other securities means a price increase from a lower point. A rebound for the overall economy means an increase in economic activity from lower levels, such as the recovery from a downturn
#BTC100K! Congratulations 🎊 $BTC make new " ATH " It's fake breakout or not?👇 According to my research; Bitcoin has broken its previous all-time high (ATH) and is now showing strong bullish momentum, as indicated by the large bullish candlestick and volume spike in the chart . Let’s analyze this step by step: Key Observations: 1. New ATH: Bitcoin has broken above the previous ATH, confirming a Break of Structure (BOS) to the upside. 2. Volume Confirmation: The breakout is supported by high volume, indicating strong
#BTC100K! Congratulations 🎊 $BTC make new " ATH "

It's fake breakout or not?👇

According to my research;

Bitcoin has broken its previous all-time high (ATH) and is now showing strong bullish momentum, as indicated by the large bullish candlestick and volume spike in the chart . Let’s analyze this step by step:

Key Observations:

1. New ATH: Bitcoin has broken above the previous ATH, confirming a Break of Structure (BOS) to the upside.

2. Volume Confirmation: The breakout is supported by high volume, indicating strong
#Binancepen_spark As of December 4, 2024, XRP is trading near $2.56 after facing a rejection at the $2.82 resistance level. Analysts suggest the token could be consolidating within a range, potentially aiming for further upward movement if it breaks critical levels. Over the past week, XRP has demonstrated significant gains, showing a 107% increase and an impressive 354% rise over the past three months. However, the market has also seen some turbulence, with flash crashes linked to broader geopolitical news. Despite recent dips, long-term projections for XRP remain optimistic due to its strong performance and developments in the Ripple ecosystem, including the potential launch of the RLUSD stablecoin and ongoing legal clarity around Ripple's case. For short-term traders, resistance around $2.82 remains key, while support near $2.50. As of December 4, 2024, XRP's price is trading around $2.56, reflecting a recent dip after reaching a high of $2.82 earlier this week. Despite this pullback, XRP has demonstrated strong momentum recently, with a weekly gain of 81% and a three-month increase of over 350%. Analysts suggest that the price could remain volatile, with potential support near $2.27 and resistance around $2.65 or higher if bullish momentum resumes. Additionally, recent developments, such as Ripple's preparation for the launch of a stablecoin (RLUSD), could further influence XRP's trajectory in the coming days. For today, predictions estimate XRP's price could range between $1.63 and $2.39, potentially closing near $1.91, depending on market conditions. $XRP XRP 2.6351 +0.58% #MicrosoftBTCInvestmentVote
#Binancepen_spark
As of December 4, 2024, XRP is trading near $2.56 after facing a rejection at the $2.82 resistance level. Analysts suggest the token could be consolidating within a range, potentially aiming for further upward movement if it breaks critical levels. Over the past week, XRP has demonstrated significant gains, showing a 107% increase and an impressive 354% rise over the past three months. However, the market has also seen some turbulence, with flash crashes linked to broader geopolitical news.
Despite recent dips, long-term projections for XRP remain optimistic due to its strong performance and developments in the Ripple ecosystem, including the potential launch of the RLUSD stablecoin and ongoing legal clarity around Ripple's case.
For short-term traders, resistance around $2.82 remains key, while support near $2.50.
As of December 4, 2024, XRP's price is trading around $2.56, reflecting a recent dip after reaching a high of $2.82 earlier this week. Despite this pullback, XRP has demonstrated strong momentum recently, with a weekly gain of 81% and a three-month increase of over 350%. Analysts suggest that the price could remain volatile, with potential support near $2.27 and resistance around $2.65 or higher if bullish momentum resumes.
Additionally, recent developments, such as Ripple's preparation for the launch of a stablecoin (RLUSD), could further influence XRP's trajectory in the coming days. For today, predictions estimate XRP's price could range between $1.63 and $2.39, potentially closing near $1.91, depending on market conditions.
$XRP
XRP
2.6351
+0.58%
#MicrosoftBTCInvestmentVote
#Binance Have you ever felt like every time you make a trade, the market moves in the opposite direction? 🤯 You buy, and the price drops. You sell, and the price goes up. It’s frustrating, and it might even feel like the market is out to get you. But don’t worry—it’s not a conspiracy. Let’s break down why this happens and how to handle it like a pro. 💡
#Binance Have you ever felt like every time you make a trade, the market moves in the opposite direction? 🤯 You buy, and the price drops. You sell, and the price goes up. It’s frustrating, and it might even feel like the market is out to get you. But don’t worry—it’s not a conspiracy. Let’s break down why this happens and how to handle it like a pro. 💡
#2024WithBinance Binance Square Will Extend “Write to Earn”: Post Content on Binance Square to Earn Up to 30% Trading Fee Commissions!
#2024WithBinance Binance Square Will Extend “Write to Earn”: Post Content on Binance Square to Earn Up to 30% Trading Fee Commissions!
#BounceBit is a cutting-edge platform that enhances digital interactions by streamlining communication, optimizing customer experiences, and driving engagement. With innovative tools and a user-friendly design, it helps businesses connect and thrive in a digital-first world.
#BounceBit is a cutting-edge platform that enhances digital interactions by streamlining communication, optimizing customer experiences, and driving engagement. With innovative tools and a user-friendly design, it helps businesses connect and thrive in a digital-first world.
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