Morning Brief: Key Global Updates on January 7

Industry Highlights

On January 7, there were several updates in the global financial markets and cryptocurrency sector. Here are the key points:

• Coinbase Launches New Trading Pair: Coinbase announced the launch of a new Brevis (BREV) spot trading pair, offering investors more options.
• Record Silver Futures Volumes: Silver futures trading on Coinbase reached record levels, indicating sustained interest in precious metals.
• Fed Rate Cut Suggestion: Fed Governor Milan suggested that the central bank should cut interest rates by over 100 basis points this year to support economic growth.
• Crypto Market Bill Review: The US Senate is expected to review the crypto market structure bill next week, which could bring major regulatory changes.
• MSCI Index Adjustment: MSCI decided not to remove certain Bitcoin-related companies from its index, showing openness to new asset classes.
• Telegram Revenue Surge: Telegram's revenue soared to $870 million in the first half of 2025, with an annual target of $2 billion.
• Coinbase 2025 Review: Coinbase had a strong 2025, joining the S&P 500, breaking M&A records, and advancing compliance and global expansion.