Bitcoin Reclaims $90K as U.S. Buying Returns – Has the Tax-Drag Finally Ended?

Bitcoin has broken above $90,000 in New York trading reaching $90,742, as Q4 sell pressure tied to tax-loss harvesting has eased. CoinGlass shows futures open interest at $130B. MicroStrategy’s Dec. 29 buy has supported the range; resistance is near $92,500. Polymarket odds put $150K in 2026 at 26%.
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TRM Labs Exposes How Nation-States Are Weaponizing Crypto to Evade Sanctions

TRM Labs has said crypto has become a geopolitical tool across borders now as states test sanctions bypass, industrial mining, and hacking. It has linked DPRK thefts to weapons funding and noted regulators in the US, Europe, Japan and Singapore have used analytics to freeze and trace illicit assets.
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Michael Saylor’s Strategy Nears “Danger Zone” as mNAV Threatens to Slip Below 1

Strategy has seen its mNAV hover around 1.0, as the stock has slid 66% from July, leaving investors weighing if direct Bitcoin offers cheaper exposure. The firm holds 672,497 BTC and has raised $747.8M via ATM sales, saying cash covers about 21 months of payouts. Bitcoin has traded near $90K lately.
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