Crypto Morning Brief: Dow Jones Hits Record High, BREV Listed on Binance and OKX

Author: TechFlow

Yesterday's Market Dynamics

Dow Jones Industrial Average Hits Record High, Breaks 49,000 Points for the First Time

According to market data, the Dow Jones Industrial Average reached a record high during the session, surpassing 49,000 points for the first time. Among its components, Goldman Sachs (GS.N) rose 4.9%, and JPMorgan Chase (JPM.N) gained 3.18%.

U.S. Vice President Vance's Residence Attacked, Police Arrest One Person

According to Fox News, in the early hours of January 5 local time, the residence of U.S. Vice President Vance in Cincinnati, Ohio, was attacked, and police arrested one person involved. Reports indicate that based on journalists' eyewitness accounts, windows at Vance's residence were broken. It is believed Vance and his family were not home at the time of the incident. (Jin10)

Venezuelan Opposition Leader: Bitcoin to Become a "Key Part" of National Reserves

According to a disclosure by The Bitcoin Historian, a Venezuelan opposition leader recently announced that Bitcoin will become a "key part" of the country's national reserves. This statement is seen as an indication that Venezuela may become the next country to adopt a Bitcoin standard.

BREV Airdrop Claim to Launch on January 6 at 21:00

According to an official announcement, Brevis announced that its token BREV airdrop claim will officially launch on January 6 at 21:00. Users will have 30 days to claim.

Jupiter Announces Launch of Stablecoin JupUSD

Jupiter announced the launch of JupUSD, a reserve-backed stablecoin pegged to the U.S. dollar, developed by Ethena Labs. This stablecoin adopts a security-first strategy, with 90% of reserves held in USDtb supported by the BlackRock BUIDL fund and 10% as a USDC liquidity buffer. JupUSD has been audited by three independent institutions and offers institutional-grade self-custody services provided by Anchorage Digital.

While JupUSD itself does not generate yield, it is deeply integrated with Jupiter Lend, allowing users to conduct lending operations and earn additional rewards. Jupiter plans to integrate JupUSD into its entire product line, including limit orders, mobile applications, and derivatives trading.

Lighter Has Begun Repurchasing LIT, Has Repurchased Approximately $540,000 Worth of LIT

According to an official announcement, Lighter has begun using protocol-generated fees to repurchase LIT. The Lighter treasury account shows that approximately 180,493 LIT tokens have been repurchased and are currently held, valued at around $540,000.

Starknet: Network Has Resumed Operation, Some Transactions During Specific Period May Not Have Been Processed Correctly

Starknet officially announced in the evening that its blockchain network has fully resumed normal operation. Previously, transactions submitted between 9:24 and 9:42 UTC may not have been processed correctly. The official team stated that a detailed retrospective will be released, including a complete timeline, the root cause of the failure, and long-term preventive measures.

Infinex Adjusts Token Sale Strategy, Removes Purchase Cap and Optimizes Allocation Mechanism

The Infinex team announced significant adjustments to its token sale strategy on January 5, 2026, acknowledging that the previous plan failed to meet community expectations. The new strategy includes: removing the $2,500 purchase cap, adopting a "bottom-up" fair allocation mechanism (everyone's allocation increases equally until full or supply is exhausted), while retaining priority for Patron holders. The team stated it will continue to adhere to a lock-up system to ensure long-term interest alignment.

SlowMist: New "2FA Security Verification" Phishing Scam Targeting MetaMask

23pds (@im23pds), Chief Information Security Officer at SlowMist, posted on social media warning of a new type of "2FA security verification" phishing scam targeting MetaMask wallets. Scammers impersonate MetaMask security alert pages to lure users into completing a so-called two-factor authentication process, with the actual goal of stealing users' seed phrases. The scam process includes a fake security alert page, a 2FA verification interface, a countdown prompt, and ultimately requests the user to enter their wallet seed phrase.

Bitmine Stakes an Additional 186,000 Ethereum, Worth Approximately $604.5 Million

According to monitoring by Onchain Lens (@OnchainLens), Bitmine (@BitMNR) further staked 186,336 Ethereum (ETH), worth approximately $604.5 million. Currently, Bitmine has cumulatively staked 779,488 Ethereum, with a total value of $2.52 billion.

Beijing High Court Releases Cross-Border Telecom Fraud Case Involving Virtual Currency, Principal Offender Sentenced to 12 Years for Fraud Amount Equivalent to Over 5 Million RMB

According to the "京法网事" WeChat public account, the Beijing High People's Court released five typical cases of legally punishing telecom network fraud. One case disclosed involves a cross-border telecom network fraud case utilizing virtual currency investments. The defendant, in Beijing's Chaoyang District, used overseas chat software to defraud victims by inviting them to purchase virtual currency and invest in designated platforms, and transferred the fraud proceeds via virtual currency. The gang's total fraud amount exceeded $900,000 (equivalent to over 5 million RMB). The court accurately determined the fraud amount based on objective evidence such as the company's salary performance records. Liu Moufang was sentenced to twelve years imprisonment for fraud and fined.

Goldman Sachs Upgrades Coinbase Rating to "Buy," Downgrades eToro to "Neutral"

According to CoinDesk, Goldman Sachs analyst team holds a "selectively constructive" view on the 2026 cryptocurrency market, upgrading Coinbase (COIN) from "Neutral" to "Buy," raising the price target from $294 to $303, implying over 30% upside potential. Simultaneously, they downgraded eToro (ETOR) from "Buy" to "Neutral," lowering the price target from $48 to $39.

Analysts believe Coinbase's scale and brand advantages will drive revenue growth above peers, expecting a compound annual growth rate of 12% by 2027, compared to 8% for peers. Additionally, Coinbase's recent product launches in brokerage, banking, wealth management, and tokenization enhance its competitiveness. Its subscription and services business now accounts for about 40% of revenue and is expected to grow steadily, reducing earnings volatility as crypto use cases expand.

Market Dynamics

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