Let $x \in \mathbb{R}$, then for any $s \in \mathbb{R}$ we must show that there exist $C_1,C_2 \in \mathbb{R}$ such that $$C_1(1+x^2)^s \le (1+x)^{2s} \le C_2 (1+x^2)^s.$$
It seems pretty obvious for the case where $s \in \mathbb{N}$, but after playing with it for a while, I don't seem to be getting anywhere for the general case.