Binance Square
Mazz Hunter
@Square-Creator-66ee916c60d4
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#BTCOutlook The outlook for Bitcoin (BTC) remains highly optimistic, with experts forecasting continued growth. In the short term, BTC is expected to sustain its bullish momentum, as both the 50-day and 200-day moving averages show upward trends. Analysts predict that Bitcoin’s price could reach approximately $105,574.33 by the end of December 2024, with the potential for further increases in early 2025. Market sentiment is also highly favorable, with the Fear & Greed Index currently at 83, indicating "Extreme Greed," which often correlates with strong market performance. Additionally, technical indicators such as the Relative Strength Index (RSI) suggest that while Bitcoin is in overbought territory, its price could continue to rise. Overall, Bitcoin’s trajectory looks promising, but investors should stay informed and consider market dynamics carefully when making decisions.
#BTCOutlook

The outlook for Bitcoin (BTC) remains highly optimistic, with experts forecasting continued growth. In the short term, BTC is expected to sustain its bullish momentum, as both the 50-day and 200-day moving averages show upward trends. Analysts predict that Bitcoin’s price could reach approximately $105,574.33 by the end of December 2024, with the potential for further increases in early 2025.

Market sentiment is also highly favorable, with the Fear & Greed Index currently at 83, indicating "Extreme Greed," which often correlates with strong market performance. Additionally, technical indicators such as the Relative Strength Index (RSI) suggest that while Bitcoin is in overbought territory, its price could continue to rise.

Overall, Bitcoin’s trajectory looks promising, but investors should stay informed and consider market dynamics carefully when making decisions.
The latest developments regarding $XRP : 1. **Ripple's RLUSD Stablecoin Approval**: Ripple's RLUSD stablecoin received approval from the New York Department of Financial Services (NYDFS). This approval is a significant milestone for Ripple, as it allows them to expand their offerings and potentially increase the adoption of their technology. The approval led to a notable increase in XRP's price, reflecting positive market sentiment. 2. **XRP Price Surge**: Following the NYDFS approval, XRP experienced an 8% rise in its price. This surge is attributed to the anticipation of the RLUSD stablecoin being listed on various exchanges soon. The market's reaction indicates strong confidence in Ripple's future prospects. 3. **Market Predictions**: Analysts are discussing XRP's potential as a long-term investment. Some believe that with regulatory clarity and new product offerings like the RLUSD stablecoin, XRP could see substantial growth in the coming years. These predictions are based on the assumption that Ripple will continue to innovate and expand its market presence. #RLUSDApprovalBoostXRP $XRP $BTC
The latest developments regarding $XRP :

1. **Ripple's RLUSD Stablecoin Approval**: Ripple's RLUSD stablecoin received approval from the New York Department of Financial Services (NYDFS). This approval is a significant milestone for Ripple, as it allows them to expand their offerings and potentially increase the adoption of their technology. The approval led to a notable increase in XRP's price, reflecting positive market sentiment.

2. **XRP Price Surge**: Following the NYDFS approval, XRP experienced an 8% rise in its price. This surge is attributed to the anticipation of the RLUSD stablecoin being listed on various exchanges soon. The market's reaction indicates strong confidence in Ripple's future prospects.

3. **Market Predictions**: Analysts are discussing XRP's potential as a long-term investment. Some believe that with regulatory clarity and new product offerings like the RLUSD stablecoin, XRP could see substantial growth in the coming years. These predictions are based on the assumption that Ripple will continue to innovate and expand its market presence.
#RLUSDApprovalBoostXRP $XRP $BTC
Binance Announcement
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Binance Square Will Extend “Write to Earn”: Post Content on Binance Square to Earn Up to 30% Trading Fee Commissions!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Square is pleased to extend the “Write to Earn” promotion and upgrade the reward structure for all Binance Square creators. Eligible Binance Square creators who post qualified content on Binance Square may each earn up to 30% trading fee commissions from their readers’ Spot, Margin and/or Futures trade(s).
Eligibility
Only Binance Square creators who fulfill all of the following requirements will be eligible to participate in this promotion:
Complete account verification.Set up a profile on Binance Square (i.e., avatar, nickname).
How to Participate
Click on the [Register Now] button on the promotion page. Publish qualified content pieces (i.e., short posts, long articles, videos, or polls) on Binance Square. Get up to 30% in trading fee commissions from regular and VIP 1 - 2 users’ Spot, Margin, and Futures trade(s) (excluding copy trading) when they complete the trade(s) directly after clicking on a coin cashtag (e.g., $BTC) or any of the coin price widgets in one of your qualified content pieces, as per the screenshot below.
Reward Structure
Basic Commission: Every eligible creator receives a 5% commission. Bonus Commission: At the end of each week, Binance will rank all eligible creators based on the basic commission they earn, where the top 30 eligible creators of the week can earn a bonus commission as per the table below. Please note that the bonus commission is calculated and settled weekly.
Eligible Creators’ Rankings Based on the Basic Commission They Earned in a WeekBasic Commission Bonus Commission Total Commission Top 1 - 10 5%25%30%Top 11 - 30 5%5%10%Other Eligible Creators 5%N/A5%
Binance will calculate the commission rewards of each qualified creator at the end of each week, and distribute the weekly commission rewards in FDUSD to their Funding Wallets by the following Thursday at 23:59 (UTC). Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC). Weekly commission rewards will only be distributed to users when its value is ≥ 0.1 FDUSD. Users can earn commission rewards from this Promotion on top of commission-based rewards from the Standard Referral Mode.
Post on Binance Square Now to Earn Up to 30% Commission!
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About Binance Square
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.
For More Information
What Is Binance Square and Frequently Asked QuestionsFrequently Asked Questions on Binance Square “Write to Earn” PromotionBinance Square “Write to Earn”: Post Content on Binance Square to Earn 5% Trading Fee Commissions!
Terms & Conditions
This Promotion may not be available in your region. Only Binance Square creators who complete account verification and finish setting up their profiles on Binance Square (i.e., avatar, nickname) will be eligible to participate in this Promotion.Creators who registered for the previous "Write to Earn" promotion are automatically eligible for this promotion and do not need to register again.Only short posts, long articles, videos, or polls that are published organically on Binance Square after users confirm their registration for this Promotion will count as qualified content pieces. Content pieces that contain Quiz Red Packets will not qualify the creators for any commission rewards from this Promotion. Published content pieces that are deleted during the weekly settlement cycle will not qualify Binance Square creators for any commission rewards from this Promotion. For readers who are accessing the Binance Square posts via the Binance App, please note that only those who upgrade their Binance App to iOS v2.82 or Android v2.82, or later, will count as eligible readers.No commission rewards will be generated from qualified content pieces seven days after it was first published.Rewards Calculation and DistributionEach week’s bonus commission is calculated independently, and does not affect the following week's commission.Binance will use the daily closing prices to calculate the commission rewards from every Spot, Margin and/or Futures trade (excluding copy trading). Commission rewards will only be distributed to qualified Binance Square creators when the value of the weekly commission rewards accumulated is ≥ 0.1 FDUSD. If the weekly rewards accumulated is lower than 0.1 FDUSD, the creator will not receive any commission that week and their weekly commission rewards will be reset to zero at the end of that week.For eligible Binance Square creators who accumulate at least 0.1 FDUSD of commission rewards each week will have their weekly performance (including last week’s commission ratio and reward) updated on the Promotion page. FDUSD rewards (accurate to 2 decimal places) will be distributed to their Funding Wallets by the following Thursday at 23:59 (UTC). Users may view their rewards distribution records here. Each week runs from Monday 00:00 (UTC) to Sunday 23:59 (UTC). Each day runs from 00:00 (UTC) to 23:59 (UTC). Binance Square creators will not be eligible to earn any trading fee commissions from their own Spot, Margin, or Futures trades.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.The Binance Privacy Notice shall apply for personal data collected under this Promotion. 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 promotion, 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 to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-08-26
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