【Binance Alpha第二轮KGeN(KGEN)空投奖励已上线，申领门槛240积分】火星财经消息，12 月 25 日，据官方消息，Binance Alpha 第二轮 KGeN (KGEN) 空投奖励已上线。 持有至少 240 个 Binance Alpha 积分的用户，可先到先得领取 180 枚 KGEN 代币空投。如果奖励池未被全部领取，积分门槛将每 5 分钟自动降低 5 分。 领取空投将消耗 15 个 Binance Alpha 积分。用户必须在 Alpha 活动页面确认领取，且需在 24 小时内完成，否则将视为放弃领取空投。

<div><p>【Binance Alpha第二轮KGeN(KGEN)空投奖励已上线，申领门槛240积分】火星财经消息，12 月 25 日，据官方消息，Binance Alpha 第二轮 KGeN (KGEN) 空投奖励已上线。 持有至少 240 个 Binance Alpha 积分的用户，可先到先得领取 180 枚 KGEN 代币空投。如果奖励池未被全部领取，积分门槛将每 5 分钟自动降低 5 分。 领取空投将消耗 15 个 Binance Alpha 积分。用户必须在 Alpha 活动页面确认领取，且需在 24 小时内完成，否则将视为放弃领取空投。</p></div>

Binance Alpha第二轮KGeN(KGEN)空投奖励已上线，申领门槛240积分

[Binance Alpha's Second Round of KGeN (KGEN) Airdrop Rewards Now Live, Eligibility Threshold 240 Points] Mars Finance reports on December 25th that Binance Alpha's second round of KGeN (KGEN) airdrop rewards has been launched. Users holding at least 240 Binance Alpha points can claim 180 KGEN tokens on a first-come, first-served basis. If the reward pool is not fully claimed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page and complete the process within 24 hours; otherwise, they will be considered to have forfeited their airdrop claim.

<div><p>[Binance Alpha&#39;s Second Round of KGeN (KGEN) Airdrop Rewards Now Live, Eligibility Threshold 240 Points] Mars Finance reports on December 25th that Binance Alpha&#39;s second round of KGeN (KGEN) airdrop rewards has been launched. Users holding at least 240 Binance Alpha points can claim 180 KGEN tokens on a first-come, first-served basis. If the reward pool is not fully claimed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page and complete the process within 24 hours; otherwise, they will be considered to have forfeited their airdrop claim.</p></div>

The second round of Binance Alpha KGeN (KGEN) airdrop rewards is now live, with a minimum of 240 points required to claim.

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.

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?

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.