COIN Dips in Mixed Pre-Market as Crypto-Concept Stocks Waver, SBET Gains While MSTR and HOOD Slip
RWA protocols have overtaken decentralized exchanges by total value locked, as tokenized Treasurys, private credit and commodities become core onchain building blocks.
Bitcoin needs a return of retail and institutional demand for BTC to clear the next big hurdle at $90,000 and spark a new rally toward six figures.
Japan has moved closer to cutting cryptocurrency taxes to a flat 20% for certain registered digital assets, according to details emerging from the country’s FY2026 tax reform discussions. The proposal would replace the current progressive tax model, which can push effective rates above 50%, with a separate taxation framework closer to how stocks are taxed. The change remains at the proposal stage and still requires legal amendments and approval by the National Diet. However, policy language tied to financial reform packages shows the government is aligning crypto taxation with traditional financial products rather than treating it as miscellaneous income. Officials have linked the tax shift to broader efforts to modernize Japan’s digital asse t market and strengthen oversight through clearer classification and registration rules. Scope Limited to Registered Crypto Assets The proposed 20% rate would not apply universally across all cryptocurrencies. Instead, it targets assets that qualify as “Specified Crypto Assets” and are handled through registered crypto asset trading businesses. This distinction ties tax benefits directly to regulated market activity. Under current drafts, eligible assets would need to be recorded within official registries connected to licensed Financial Instruments Business Operators. As a result, unregistered tokens or peer to peer transactions could remain outside the new tax framework. This structure suggests the government aims to channel activity toward compliant platforms while narrowing the tax advantage to assets that meet transparency and reporting standards. Shift Away From Miscellaneous Income Treatment Japan currently classifies crypto gains as miscellaneous income, exposing investors to steep marginal tax rates depending on earnings. The reform proposal would move qualifying crypto gains into a separate tax category, similar to equities and other financial instruments. In practice, this would also open the door to standardized loss treatment. Draft summaries reference multi year loss carryforward provisions, which would allow investors to offset future gains, a feature currently unavailable under the existing crypto tax regime. The effective rate is expected to sit near 20%, with some references noting a figure slightly above that once standard tax components are included, mirroring securities taxation. The tax proposal runs alongside a broader regulatory effort led by the Financial Services Agency to reclassify crypto assets within Japan’s financial law framework. That process includes discussions around market conduct rules similar to insider trading restrictions used in equity markets. If approved, the reform would mark one of the most significant shifts in Japan’s crypto policy since the country introduced strict exchange licensing rules after earlier market scandals.
Crypto funds outflows reached $446 million last week, with the United States leading at $460 million in redemptions. This marks $3.2 billion in total outflows since October 10. XRP products drew $70.2 million inflows, while Solana added $7.5 million, countering Bitcoin and Ethereum losses. United States dominates: $460 million in crypto funds outflows, exceeding total [...]
Michael Saylor’s “Back to Orange” post resurfaced as StrategyTracker pegged Strategy’s Bitcoin stash at $58.92 billion and 671,268 BTC. At the same time, MSTR hovered near $165 after a sharp mid month drop, setting up a key test for the stock’s next direction Saylor posts “Back to Orange” as StrategyTracker shows $58.92B Bitcoin portfolio Michael Saylor posted “Back to Orange” on X as a StrategyTracker chart highlighted the company’s Bitcoin buying history through Dec. 28, 2025. The visual overlays Bitcoin’s price with orange markers that indicate Strategy purchase points across multiple market cycles. Bitcoin Portfolio Value Chart. Source: StrategyTracker The chart listed a Bitcoin portfolio value of $58.92 billion and total holdings of 671,268 BTC as of Dec. 28, 2025. It also showed an average cost basis of $74,972 per Bitcoin, alongside a displayed gain of 17.08%, equal to about $8.6 billion. StrategyTracker’s panel counted 91 purchase events in the selected range. Meanwhile, a dotted line tracked the average purchase price over time, rising in steps as new buys pushed the cost basis higher while the orange markers clustered more heavily in the later part of the timeline. MSTR trades near $165 as post pitches upside tied to Bitcoin holdings Strategy Inc. shares traded around $165 on a one hour TradingView chart as an X post from Invest Alpha Pro called the stock a buy and tied its case to the company’s Bitcoin position. The post pointed to holdings of more than 671,000 BTC, then argued the equity could reprice if Bitcoin moves higher and if the market values the balance sheet closer to its Bitcoin based net asset value. Strategy Inc. MSTR 1 Hour Chart. Source: TradingView The TradingView view showed a choppy December tape, with a peak near the upper $190s earlier in the month and a sharp selloff that pushed price into the low $160s. After that drop, price moved sideways, which signals that sellers lost momentum, while buyers still have not forced a clean recovery back into the prior range. If Bitcoin holds firm and pushes higher, MSTR often shows amplified moves because the stock links to Bitcoin exposure plus leverage from corporate financing and investor positioning. In that setup, a break above the recent consolidation band could open room for a retest of prior swing levels from earlier in December. However, if Bitcoin weakens again, the same linkage can pull MSTR back toward the recent lows, because traders typically compress the premium when risk appetite fades. Claims about a large gap between market cap and BTC NAV, analyst targets, and dilution buffers can drive short bursts of demand, yet price usually confirms the story, not the other way around. As a result, the next directional signal likely comes from whether MSTR can reclaim the post selloff resistance zone from mid month, while Bitcoin’s trend decides whether that leverage works for or against the stock.
A Trust Wallet browser extension update led to a security breach involving approximately $7 million in losses.
Pump.fun executed $72 million in PUMP token buybacks in October and November 2025, yet the price plunged 60% in Q4 amid weak technicals and $615 million USDC transfers to Kraken. Legal challenges compound concerns of profit extraction in the memecoin launchpad sector. Pump.fun deployed $72 million in buybacks across October and November 2025 to support [...]
Galaxy Digital Deposits 10 Million USDT to Binance, Igniting Buy-the-Dip Speculation
Bitcoin is currently trading in a compressed environment following a sharp corrective move, with recent price action suggesting stabilization rather than trend continuation. Both technical structure and on-chain behavior point toward a phase of digestion as the market assesses whether current levels will attract sustained demand. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, BTC remains below the major resistance zone around the $95K area, which continues to cap upside attempts. The cryptocurrency is trading within a broader corrective structure after failing to sustain above the prior high-value area. The recent candles show reduced volatility and overlapping ranges, signaling indecision rather than aggressive selling. Importantly, downside momentum has slowed as price approaches the upper end of the multi-month descending channel at $90K and is poised to break above it. Despite this stabilization, the daily structure has not yet shifted bullish. BTC is still trading below key dynamic resistance levels and has not convincingly reclaimed the $90K resistance. As long as the price remains below the $95K region, the daily bias favors consolidation within the current range rather than a trend reversal. A sustained move above resistance would be required to confirm renewed upside momentum, while a failure to hold current levels could reopen the path toward deeper demand. Source: TradingView The 4-Hour Chart The 4-hour chart highlights the most recent developments more clearly. Bitcoin is consolidating tightly within a short-term range after a prolonged selloff, forming a base between rising local support and overhead resistance. The most recent price action shows multiple attempts to push higher, but these have lacked follow-through, indicating that supply remains active on rallies. At the same time, downside attempts are being absorbed near the lower boundary of the range, suggesting that sellers are losing momentum. This balance between buyers and sellers reflects a classic compression phase, where liquidity is building on both sides. Until a clear breakout above the $95K range occurs, the market is likely to remain range-bound, with short-term moves driven by liquidity grabs rather than directional conviction. For the short-term, a clean break above the short-term resistance at $90K would improve the intraday outlook, while a rejection would likely accelerate a move toward the $82K region. Source: TradingView Sentiment Analysis The spot average order size data provides important insight into participant behavior during this consolidation phase. Recent activity shows a noticeable presence of green dots, representing whale-sized spot orders, clustering around the current price range. This shift contrasts with earlier phases of the correction, where retail-sized orders were more dominant and larger players were largely absent. The re-emergence of whale activity during consolidation suggests that larger participants are becoming more involved at these levels, potentially signaling early accumulation rather than distribution. Unlike retail-driven rallies, spot whale participation typically reflects longer-term positioning, especially when it appears during low-volatility, range-bound conditions. This behavior implies that downside risk may be gradually decreasing as stronger hands absorb supply. While this does not guarantee an immediate bullish reversal, the on-chain structure supports the idea that Bitcoin is transitioning from aggressive selling into a stabilization phase. If whale participation continues to increase while price holds above key demand zones, the probability of a more constructive price structure emerging in the coming sessions would rise. Source: CryptoQuant The post BTC Price Analysis: Why the Next Move Above $90K Could Be Massive appeared first on CryptoPotato .