hottrends

Promotion Period: 2024-03-11 00:00 (UTC) to 2024-03-25 23:59 (UTC)

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Simply create a post on each of the following hot topics: (you must include each topic hashtag and the #HotTrends hashtag in each post!):
Guide on Bitcoin Halving and why it matters #Halving Prediction of BTC price in April 2024 #BTC Share your insights on a Ethereum ETF approval #ETF Prediction of when ‘Altcoin season’ will start #AltSeason Create a tutorial on any Binance feature (e.g., Launchpool, Staking, Pay) #BinanceWhat you are most bullish in for Crypto in 2024 #2024
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Create new and original content with the topic hashtags and #HotTrends hashtag on Binance Square during the Promotion Period.Ensure each of your post is at least 150 words and receives a minimum of 10 interactions (including likes, comments, shares, and quotes).All creators who complete all 6 topics (with 6 eligible posts) will win a share of the $1,000 FDUSD prize pool.The Top 3 creators with the highest engagement across all eligible posts will receive additional traffic-boosting perks and a shout-out on our Binance Square Profile!
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This activity may not be available in your region. Only posts that contain at least 150 words, include the necessary hashtags, and receive at least 10 engagements (the total number of emojis, comments, shares, or quotes) during the Promotion Period will qualify as eligible content pieces.Only original, new content qualifies. Previous submissions are ineligible. Any cases of hashtag abuse will lead to exclusion from the campaign.Content with crypto red packet is not eligible to receive the reward.If creators generate multiple posts under each topic, eligible posts with the most interactions will be the basis for calculating the reward.Prize pool winners will be notified via a push notification under Creator Center > Square Assistant within 15 working days after the activity end. The Top 3 creators with the highest engagements across all eligible posts will be announced via the Binance Square Official Account within 15 working days after the activity end. The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.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.

Rampant speculation on crypto derivatives platforms is fueling volatility and risking bitcoin’s image as a stable hedge, says BlackRock’s digital assets chief.
These days where you have a tiny little thing that shouldn't have any price impact really at all — and if it does, should be small — like, for example, October 10th, some tariff-related thing, and next thing you know, [bitcoin] is down 20%,” Mitchnick said. “That’s because you get cascading liquidations and auto-deleveraging.”
While bitcoin’s long-term value proposition as a “global, scarce, decentralized monetary asset” remains intact, Mitchnick warned that the asset’s short-term trading behavior is starting to look dangerously similar to “levered NASDAQ” — a perception that may deter conservative allocators from entering the space.
The facts are more on the side of how I characterized it,” he said, referring to bitcoin’s fundamental attributes. “But now the trading data, at least lately, looks very different, and the bar to adoption if it trades like levered NASDAQ is much, much, much higher.”
Mitchnick also pushed back on the idea that exchange-traded funds (ETFs) like IBIT are contributing to volatility, pointing instead to perpetual futures platforms as the source of instability.
There’s a misperception out there that it’s a bunch of hedge funds in ETFs that are creating volatility and selling; that’s not what we’re seeing,” he said. “On a week that was tumultuous, obviously, in the bitcoin market, we had 0.2% of the fund redeem. If there actually were hedge funds massively unwinding trades… you would have seen billions. We saw many billions liquidated on these levered platforms.”
Despite short-term turbulence, Mitchnick emphasized that BlackRock remains committed to digital assets as part of a broader financial transformation.
We see ourselves as having the role of a bridge… between traditional finance and the digital asset world,” he said. “Over time, there’s certainly going to continue to be a greater role for digital assets and this technology theme in general for many of our clients.”
Read More: Bitcoin May Evolve Into Low-Beta Equity Play Reflexively, BlackRock's Mitchnik Says
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