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Hundreds of contracts settled in USDT or BTC
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- 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
👉 Explain your reasoning—whether through technical analysis, macro trends, on-chain data, or market sentiment. Show your unique insight!
🏆 Rewards (Total $1000 in Position Vouchers)
🥇 Top Insight (3 winners): $150 position voucher
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🥉 Active Analyst (10 winners): $25 position voucher
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1️⃣ Follow @Gate_Squ - 🚀 #GateNewbieVillageEpisode4 ✖️ @比特一哥
📈 Follow the trend, pick your points, wait for the signal
💬 Share your trading journey ｜ Discuss strategies ｜ Grow with the Gate Family
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1️⃣ Follow Gate_Square + @比特一哥
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode4
3️⃣ Share your trading growth, insights, or experience
— The more genuine and insightful your post, the higher your chance to win!
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If delivery is unavailable, replaced with a $30 Position V - 💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
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Launchpool 👉 https://www.gate.com/announcements/article/47771
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1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s - Are you a true GT Holder? 😎
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🗓️ Deadline: October 31, 2025, 24:00 (UTC+8) - 🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
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Peter Schiff: Bitcoin Going to Zero
During a recent conversation with a cryptocurrency influencer, gold bug Peter Schiff stated that he is still convinced that Bitcoin will “eventually” plunge to zero.
“I still think that it is eventually going to zero, so I don’t think that I got that wrong. What I did get wrong was underestimating the gullibility of the public to buy it,” Schiff stressed.
Schiff has acknowledged that those who got into Bitcoin early did “a great job” of selling the story and “getting people to buy what they wanted to get rid of,” he stressed.
The controversial financial analyst is convinced that this is a “gigantic pump-and-dump.”
According to data platform research, persistent sales by O.G. whales are believed to be one of the main reasons why Bitcoin is struggling to hold the $110,000 level.
Schiff has also noted that Bitcoin is down 30% from its peak price in gold, which recently logged a series of record highs.
Looming economic crisis?
The permabear has also warned about a looming US economic crisis that will make 2008 look like a “Sunday picnic.”
He has predicted that the next crisis will be in U.S. Treasuries instead of subprime mortgages.
Schiff is convinced that people will eventually lose faith in the US government’s ability to pay bills.
“There’s going to be a run on treasuries. People, you know, the world is not going to want to buy treasuries. The world is not going to want to own US dollars,” Schiff predicts.