Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
🥵 Bitcoin Could Crash to $20,000 – Peter Schiff
Since October 2025, Strategy has spent nearly $17b on buying Bitcoin. But even with that support, BTC has collapsed by 53%.
If Bitcoin was this weak while Strategy was buying $17b, imagine how much weaker it will become when Strategy starts selling $3.25b – or even more to maintain a minimum dollar reserve.
STRC yield has already risen to 15%. To bring STRC back to $100, Strategy would have to raise the dividend rate from 12% to 15%. That would increase cash burn and force the company to sell BTC faster.
Why BTC holders consider $20,000 an impossible level. Bitcoin traded below $20,000 just 3.5 years ago. For stocks, returning to 3.5-year lows is not unusual, and BTC is much more volatile than most stocks.
BTC currently has support at $58,000, but it may not hold. If this level is broken, Bitcoin could fall below $50,000 and test the August 2024 low. If that zone doesn't hold either, the next level is around $20,000.
In such a scenario, Strategy would have to sell even more BTC to maintain its dollar reserve.