In the Dutch Reformed tradition, New Year's Day was celebrated as the Day of the Circumcision. This day would have been the 8th day after Christ's birth and would have marked the beginning of Christ's sufferings and humiliation. According to the Law of Moses, new born boys were to be circumcised on the 8th day after their birth.
The circumcision of Christ is important to believers for this very reason- that cut would have been the first blood shed from our Savior. The first blood to flow towards the complete salvation of sinners.
We do not often think of Christ's circumcision, but it is a very important part of our redemption's accomplishment. Today Dutch Reformed Churches celebrate the New Year with a worship service- which is fine. But the redemptive nature of why they gathered on this day is lost in our current customs. On this New Year's Day, think of what Christ has done for you, if you are his. Think of blood lost.
Christ was circumcised for you. Even as an eight day old infant, Christ was actively working for the salvation of the elect.
Colossians 2:11 And in Him you were also circumcised with a circumcision made without hands, in the removal of the body of the flesh by the circumcision of Christ...