PANews 12月25日消息，据官方公告，Gate Perp DEX 于 2025 年 12 月 25 日至 2026 年 1 月 10 日推出新年挑战活动，本次活动采用交易及价格预测双玩法分享 20,000 USDT。其中，完成首单、多交易对及盈利交易的用户可参与 15,000 USDT 交易挑战奖池；同时开启 BTC/USDT 永续合约指数价格预测，前 200 名预测最接近用户将分享 5,000 USDT 奖池。

<p>PANews 12月25日消息，据官方公告，Gate Perp DEX 于 2025 年 12 月 25 日至 2026 年 1 月 10 日推出新年挑战活动，本次活动采用交易及价格预测双玩法分享 20,000 USDT。其中，完成首单、多交易对及盈利交易的用户可参与 15,000 USDT 交易挑战奖池；同时开启 BTC/USDT 永续合约指数价格预测，前 200 名预测最接近用户将分享 5,000 USDT 奖池。</p>

Gate Perp DEX 推出新年挑战活动 ，分享 20,000 USDT 奖池

PANews reported on December 25th that Gate Perp DEX will launch a New Year's Challenge from December 25th, 2025 to January 10th, 2026. This event features a dual competition of trading and price prediction, with a total prize pool of 20,000 USDT. Users who complete their first trade, trade multiple trading pairs, and achieve profitable trades can participate in a 15,000 USDT trading challenge prize pool. Simultaneously, a BTC/USDT perpetual contract index price prediction event will be launched, with the top 200 users with the closest predictions sharing a 5,000 USDT prize pool.

<p>PANews reported on December 25th that Gate Perp DEX will launch a New Year&#39;s Challenge from December 25th, 2025 to January 10th, 2026. This event features a dual competition of trading and price prediction, with a total prize pool of 20,000 USDT. Users who complete their first trade, trade multiple trading pairs, and achieve profitable trades can participate in a 15,000 USDT trading challenge prize pool. Simultaneously, a BTC/USDT perpetual contract index price prediction event will be launched, with the top 200 users with the closest predictions sharing a 5,000 USDT prize pool.</p>

Gate Perp DEX launches New Year's challenge, sharing a 20,000 USDT prize pool.

The old script becomes obsolete in 2025
As 2025 draws to a close, the crypto market presents an unprecedentedly "divided" picture: Bitcoin (BTC) has repeatedly hit new highs driven by institutional funds, once reaching $125,000; Ethereum (ETH) is struggling around $2,800, still significantly lower than its all-time high; while Altcoin, which once "rose indiscriminately," have fallen into a deep abyss, with most projects plummeting 80-95% from their 2021 highs, failing to recover even against the backdrop of BTC's record highs.
This completely departs from the classic narrative of the crypto market over the past decade. The traditional "four-year cycle"...

Bitcoin's "never-setting sun" and Altcoin' "twilight of the gods"—has the four-year cycle truly come to an end?

Introduction Market Overview In 2025, stablecoins and DAT expanded in both scale and application scenarios, beginning to directly connect with traditional finance at the boundary level. The total market capitalization of stablecoins once exceeded $230 billion, with an annual on-chain settlement scale of approximately $1.5 trillion. Supported by legislation such as the GENIUS Act, they gradually solidified as the underlying settlement layer for cross-border payments and on-chain finance. The DAT model, through compliant equity or fund vehicles, provided traditional institutional investors with a standardized path to access crypto asset exposure, with its holdings of BTC and ETH assets having a high market value...

2025 Coinglass Derivatives Report: Instead of the altcoin season, a $154.6 billion liquidation season arrived.

Author: SoSoValue Research
The winter of 2025 will be colder than usual, not just in terms of temperature, but also in terms of the perceived temperature drop in the crypto market.
If you only look at the news, it's a hot topic: Bitcoin is hitting new highs with Wall Street's support, ETF size is soaring, regulatory trends in various governments seem to be warming up, and the US president's pardon for CZ even became a hot topic in global political news.
However, when you shift your gaze away from Bitcoin and look into the broader "Altcoin heartland," a suffocating silence descends. The days when "you could make a fortune just by being in a car..." are gone.