Author: Deep Tide TechFlow
Yesterday's Market Dynamics
Dow Jones hits record high during the session, breaking 49,000 points for the first time
According to market data, the Dow Jones Industrial Average hit a record high during the session, breaking through 49,000 points for the first time. Among the components, Goldman Sachs (GS.N) rose 4.9%, and JPMorgan Chase (JPM.N) rose 3.18%.
US Vice President Vance's residence attacked, police arrest one person
According to Fox News, in the early hours of January 5th local time, US Vice President Vance's residence in Cincinnati, Ohio, was attacked, and police arrested one person involved. According to reports, based on journalists' eyewitness accounts, windows at Vance residence were broken. It is believed that Vance and his family were not home at the time of the incident. (Jin10)
Venezuelan opposition leader: Bitcoin will become a "key part" of national reserves
According to 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 could become the next country to adopt the Bitcoin standard.
BREV airdrop claiming to go live on January 6th at 21:00
According to an official announcement, Brevis announced that its token BREV airdrop claiming will officially go live on January 6th 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 US 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 agencies and is provided with institutional-grade self-custody services by Anchorage Digital.
Although JupUSD itself does not generate yield, it is deeply integrated with Jupiter Lend, allowing users to perform lending operations and receive 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 LIT worth approximately $540,000
According to an official announcement, Lighter has begun using fees generated by the protocol to repurchase LIT. The Lighter treasury account shows that approximately 180,493 LIT, worth about $540,000, have been repurchased and are currently held.
Starknet: Network has resumed operation, some transactions during specific period may not have been processed normally
Starknet officially announced in the evening that its blockchain network has fully resumed normal operation. Previously, transactions submitted between UTC 9:24 and 9:42 may not have been processed correctly. The official stated that a detailed retrospective will be released, including a full 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 major adjustments to its token sale strategy on January 5, 2026, acknowledging that the previous plan did not 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 the cap is reached or supply is exhausted), while retaining priority for Patron holders. The team stated it will continue to adhere to the lock-up system to ensure long-term interest alignment.
SlowMist: New "2FA Security Verification" phishing scam targeting MetaMask
SlowMist Chief Information Security Officer 23pds (@im23pds) posted on social media to warn of a new type of "2FA Security Verification" phishing scam targeting MetaMask wallets. Scammers use fake MetaMask security alert pages to lure users into completing a supposed 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 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 publishes cross-border virtual currency telecom fraud case, principal offender sentenced to 12 years for fraud amount equivalent to over 5 million RMB
According to the Jingfa Wangshi public account, the Beijing High People's Court published 5 typical cases of legally punishing telecom network fraud. One case involved cross-border telecom network fraud using 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 specified platforms, and transferred the fraud proceeds through virtual currency. The gang's total fraud amount was over $900,000 (equivalent to over 5 million RMB). The court, based on objective evidence such as the company's salary performance records, accurately determined the fraud amount and sentenced Liu Moufang to 12 years in prison and a fine for fraud.
Goldman Sachs upgrades Coinbase 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. 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 12% compound annual growth rate (CAGR) in revenue through 2027, compared to 8% for peers. Additionally, recent product launches in brokerage, banking, wealth management, and tokenization have enhanced its competitiveness. Its subscription and services business now accounts for about 40% of revenue, expected to grow steadily and reduce earnings volatility as crypto use cases expand.
Market Dynamics
Recommended Reading
AI Industry Welcomes a Cash-Rich Tether
This article discusses how Tether is showcasing its unique business model through investments in the AI sector. Despite widespread losses in the AI industry, Tether is using the massive profits from its stablecoin business to actively invest in frontier technologies like AI computing, data, and brain-computer interfaces, demonstrating its ambitions and strategy in the decentralized AI field.
288 Million Proofs Landed: Brevis Pushes 'Verifiable Computing' to the Eve of Explosion
This article introduces the technological breakthroughs, product components, and applications in Ethereum scaling and multi-chain ecosystems of the zero-knowledge (ZK) verifiable computing platform Brevis. Brevis reduces costs and improves efficiency through off-chain computation and on-chain verification, and has achieved implementation in multiple production-level scenarios. The article also details Brevis's core product components, practical application scenarios, as well as future development directions and challenges.
Life's K-Line Can't Save Anxiety, Prediction Markets Can't Calculate the Outcome
This article explores the role and limitations of prediction tools (like Life K-Line and prediction markets) in the face of future uncertainty. Through geopolitical events, real-world cases of prediction markets, and the psychological impact of these tools, the article analyzes how they provide a sense of control but also reveals their risks and potential to mislead.
If You're Long Oil, Maduro's Arrest Is Not Good News
This article primarily discusses the current political changes in Venezuela and their potential impact on the global oil market. It provides a detailed analysis of Venezuela's oil resource advantages, current situation, and future development potential, explores the profound impact that potential US policy measures could have on global oil prices and the geopolitical landscape. The article also mentions the Trump administration's strategy regarding Venezuela and predicts its possible economic and political consequences.
Based on a16z's Big Ideas, Here Is Your 2026 Project Watchlist
This article analyzes the 8 development directions for the crypto industry in 2026 released by a16z, detailing the core ideas, future trends, and a watchlist of projects worth noting for each direction.
