USDC, or USD Coin, is a stablecoin cryptocurrency pegged to the United States dollar on a 1:1 basis. This means that every unit of USDC in circulation is backed by $1 held in reserve, which can be a mix of cash and short-term U.S. Treasury bonds ¹.
USDC operates on several blockchain platforms, including Ethereum, Solana, and Polygon, making it a versatile option for transactions and trades ². Its primary use cases include providing a safe haven for crypto traders during times of volatility, enabling businesses to accept payments in digital assets, and disrupting sectors like decentralized finance and gaming ¹.
As of today, the market capitalization of USDC stands at approximately $58.13 billion, with a circulating supply of 58.13 billion USDC ¹. You can buy, sell, and trade USDC on various centralized crypto exchanges, such as Binance, Toobit, and WEEX ³.
Would you like to know more about USDC or stablecoins in general? $USDC
#WhiteHouseCryptoSummit The White House Crypto Summit, held on March 7, 2025, marked a significant moment for the crypto industry. The event brought together over 25 key figures, including industry leaders and members of the Presidential Working Group on Digital Assets, to discuss crypto regulation and strategy ¹.
*Confirmed Attendees:*
- _Michael Saylor_, co-founder and executive chairman of MicroStrategy - _Brian Armstrong_, CEO of Coinbase - _Sergey Nazarov_, co-founder of Chainlink - _Vlad Tenev_, CEO of Robinhood - _Arjun Sethi_, CEO of Kraken - _David Bailey_, CEO of Bitcoin Magazine
The summit aimed to address pressing regulatory concerns and potential policy changes to foster crypto adoption. Discussions covered topics such as:
- Regulatory clarity for crypto exchanges, DeFi, and stablecoin management - A potential zero capital gains tax on crypto sales - New incentives for long-term crypto holders, including tax breaks for extended holding periods
President Donald Trump's administration has signaled a pro-crypto shift, with the establishment of a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile ². The reserve will treat bitcoin as a reserve asset, and the administration is exploring budget-neutral strategies for acquiring additional bitcoin ².
The BTC/USDT pair is currently trading at $43,200, with a 24-hour high of $44,500 and a low of $42,800. Market sentiment remains bullish, with many analysts predicting a breakout above $45,000 in the coming days.
The recent surge in price can be attributed to increased institutional investment and growing adoption of Bitcoin as a store of value. With the global economic uncertainty, investors are seeking safe-haven assets, and Bitcoin is becoming an attractive option.
Will BTC continue its upward momentum? Share your thoughts!
#BitcoinPolicyShift There's a significant Bitcoin policy shift happening in El Salvador. The country is revising its Bitcoin law to secure a $1.3 billion loan from the International Monetary Fund (IMF). The new policy would make it optional for businesses to accept Bitcoin as payment, rather than a legal requirement ¹.
This change is expected to be finalized in the coming weeks. It's a notable shift, as El Salvador was the first country to adopt Bitcoin as legal tender.
In other news, the UK is also poised to shift its crypto rules, although details are scarc...
PCE inflation refers to the Personal Consumption Expenditures Price Index, which measures the change in prices of goods and services purchased by consumers in the United States. As of November 2024, the PCE price index showed a 2.4% increase from the previous year, with the core PCE price index, excluding food and energy, rising 2.8% ¹.
The core PCE price index is considered a key indicator of inflation, as it excludes volatile food and energy prices. The Federal Reserve closely monitors the core PCE price index to determine monetary policy, aiming to keep inflation at a target rate of 2% ².
Here's a breakdown of the latest PCE inflation data:
- *PCE Price Index*: 2.4% increase from November 2023 to November 2024 - *Core PCE Price Index*: 2.8% increase from November 2023 to November 2024, excluding food and energy - *Monthly Change*: 0.2% increase in the core PCE price index from October 2024 to November 2024. #PCEInflationWatch
Bitcoin, the world's first decentralized cryptocurrency, has revolutionized the way we think about money. With its limited supply, secure transactions, and decentralized network, Bitcoin offers a unique alternative to traditional fiat currencies.
As the demand for digital currencies continues to grow, Bitcoin remains the leading player in the market. Its potential for high returns and increasing adoption make it an attractive investment opportunity.
Will you be a part of the Bitcoin revolution? #Bitcoin #Cryptocurrency #FutureOfMoney" $BTC
XRP is a cryptocurrency and a distributed ledger technology developed by Ripple Labs Inc. It's designed to enable fast, cheap, and secure cross-border payments, making it an attractive option for financial institutions and individuals alike.
Key Features of XRP: 1. *Fast Transaction Times*: XRP transactions are processed in just a few seconds, making it significantly faster than other cryptocurrencies like Bitcoin. 2. *Low Transaction Costs*: The cost of sending XRP is extremely low, typically a fraction of a cent. 3. *Scalability*: XRP's distributed ledger technology allows it to handle a high volume of transactions per second, making it a scalable solution for global payments. 4. *Security*: XRP's consensus algorithm and distributed ledger technology provide a secure and reliable way to process transactions.
Use Cases for XRP: 1. *Cross-Border Payments*: XRP's fast and cheap transaction capabilities make it an ideal solution for international payments. 2. *Remittances*: XRP can help reduce the costs and increase the speed of remittances for migrant workers. 3. *Micropayments*: XRP's low transaction costs make it a suitable option for micropayments, such as online content purchases. 4. *Banking and Finance*: XRP's technology can help banks and financial institutions improve the efficiency and reduce the costs of their payment systems.
The Future of XRP: As the demand for fast, cheap, and secure cross-border payments continues to grow, XRP is well-positioned to play a significant role in the future of global payments. With its scalable and secure technology, XRP has the potential to revolutionize the way we think about [1/31, 16:23] Meta AI: XRP: The Fast and Efficient Cryptocurrency
XRP is a cryptocurrency and a distributed ledger technology developed by Ripple Labs Inc. It's designed to enable fast, cheap, and secure cross-border payments, making it an attractive option for financial institutions and individuals alike.
#FedHODL is a humorous way of saying "don't sell your Bitcoin, no matter what the Federal Reserve (the 'Fed') does!"
HODL is a slang term that originated in the Bitcoin community, meaning "hold on for dear life." It's a rallying cry for Bitcoin enthusiasts to hold onto their coins, even in times of market volatility.
The meme is often used to express skepticism about the Fed's monetary policies and to encourage Bitcoin holders to maintain their faith in the cryptocurrency.
Bitcoin is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority or intermediary. It was created in 2009 by an anonymous individual or group using the pseudonym Satoshi Nakamoto.
Here are some key features of Bitcoin:
1. *Decentralized*: Bitcoin operates on a decentralized network, meaning that there is no central authority controlling it. 2. *Digital*: Bitcoin is a digital currency, existing only in electronic form. 3. *Limited supply*: The total supply of Bitcoin is capped at 21 million, which helps to prevent inflation. 4. *Blockchain*: Bitcoin transactions are recorded on a public ledger called the blockchain, which helps to ensure the integrity and security of the network. 5. *Cryptographic*: Bitcoin transactions are secured through cryptographic algorithms, making it difficult for unauthorized parties to alter or manipulate transactions.
Bitcoin has gained significant attention and popularity in recent years, with many people investing in it as a form of speculation or using it as a means of payment.
Islamabad United and Binance have officially announced a partnership, marking Binance’s entry into the world of cricket sponsorship. This collaboration aims to blend the energy of sports with the innovation of blockchain, setting the stage for new digital engagement opportunities for fans.
The partnership is expected to introduce unique initiatives focused on enhancing fan experiences and driving awareness about blockchain technology in Pakistan. Through digital activations and engagement campaigns, Islamabad United and Binance will work together to create a connection between cricket and the evolving digital landscape.
Momentum: Strong upward trend with healthy volume, supporting the continuation of the bullish movement.
Resistance Levels: Resistance expected around $6.000 and $6.500.
Support Zone: Solid support at $5.400, providing an ideal entry point.
💡 Pro Tip: A breakout above $6.000 with strong volume could signal further upside. Once the first target is hit, consider adjusting your stop loss to breakeven to secure profits.
bro how much you earn from binance square by sending post.
Crypto Master 786
--
Bullish
$REZ /USDT Bull Run Alert! 🔥💯
🚀 Bullish Setup:
Current Price: $0.02563
Entry Zone: $0.025 - $0.026
First Target: $0.030
Second Target: $0.035
Final Target: $0.040
📉 Stop Loss: $0.023 (to minimize risk).
Market Insights:
Momentum: Strong upward pressure with rising volume, indicating potential for further gains.
Resistance Levels: Key resistance expected at $0.030 and $0.035.
Support Zone: Solid support around $0.025, providing a good base for entry.
💡 Pro Tip: A breakout above $0.030 with strong volume can signal further bullish momentum. Once the first target is hit, consider moving your stop loss to breakeven to protect profits.
Binance Square: Share Binance Square Links to Unlock a Share of $10,000 Worth of Rewards!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, To celebrate the upcoming Lunar New Year, Binance Square is pleased to announce the launch of another edition of Share to Win! Users can complete tasks and share Binance Square content links to unlock a share of $10,000 worth of rewards, and receive up to 27.5 USDC token voucher rewards each. Activity Period: 2025-01-21 09:00 (UTC) to 2025-02-04 09:00 (UTC) Promotion A: Share Binance Square Links to Unlock Crypto Red Packets To participate in this Promotion, verified Binance users may login to their Binance accounts and share any Binance Square link(s) with their friends during the Activity Period. Eligible users will unlock Crypto Red Packet(s) worth up to 0.5 USDC each for both themselves and their corresponding sendee upon clicking on the shared Binance Square link(s). Rewards are limited, and will be distributed on a first-come, first-served basis. Notes: Each user may claim a maximum of one Crypto Red Packet reward per link sent during the Activity Period, and up to 50 Crypto Red Packets (i.e., a maximum of 25 USDC in Crypto Red Packet) from this Activity. Users can unlock bigger rewards when they invite friends to register with Binance through the Binance Square content links and complete account verification. Promotion B: New Users Exclusive - Sign Up With Binance & Complete Tasks to Earn Up to 27.5 USDC in Rewards In addition, new users who sign up with Binance via the activity page may click on the [Go] button on the page and complete any of the following task(s) during the Activity Period, to get up to 27.5 USDC in token voucher rewards. Rewards are limited, and will be distributed on a first-come, first-served basis. Task 1: Complete a trade of at least $20 equivalent on Binance Spot, Futures, Margin, Options or Convert to get a 2 USDC token voucher. This will be distributed within 21 working days after the Promotion ends. Task 2: Click on and read at least 10 Square posts to unlock an extra Crypto Red Packet worth up to 0.5 USDC. Terms & Conditions This activity may not be available in your region. The rewards for both Promotions are distributed on a first come, first-served basis, with limited redemptions available.Users may qualify for rewards from both Promotions where applicable. The rewards for both Promotions are not mutually exclusive.There will be caps imposed on the amount of rewards available to eligible users per country/region.Users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify for any rewards from Promotion A and/or Promotion B.Promotion A:Users may only receive a maximum of one Crypto Red Packet reward from each unique sendee. Please note that users may redeem multiple Crypto Red Packet rewards from different unique sendees within the same day.Crypto Red Packets will be distributed to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Accounts via the Binance App before the Promotion ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Promotion ends.Promotion B:Only new users who register with Binance via this activity page will be eligible to participate in Promotion B. Task 1: Rewards will be distributed in the form of token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Task 2: Rewards for Task 2 will be distributed in the form of Crypto Red Packets to eligible users immediately upon meeting the necessary requirement(s). Users should redeem the Crypto Red Packets to their Funding Accounts via the Binance App before the Activity ends. Please note that all unclaimed Crypto Red Packets will be forfeited after the Activity ends. Illegally bulk-registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. 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 to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform 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.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2025-01-21
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going 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: 2025-01-20 07:30 to 2025-01-26 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 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 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 same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 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 Guidelinesor 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.
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going 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: 2025-01-20 07:30 to 2025-01-26 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 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 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 same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 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 Guidelinesor 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.