Bitcoin trades around eighty-nine thousand dollars as technical analysts warn of potential downside toward seventy-six thousand dollars while multiple on-chain metrics confirm strong institutional support at eighty thousand dollars. Meanwhile, Senate negotiations on comprehensive crypto market structure legislation continue with four major sticking points unresolved as talks drift into January 2026. Strategy retains its Nasdaq-100 position despite MSCI concerns, and the Bank of Japan prepares to hike rates to thirty-year highs on December nineteenth, potentially creating headwinds for risk assets. Plus, XRP holds two dollars following Ripple's federal banking approval, Pudgy Penguins takes over the Las Vegas Sphere, and the OCC opens the door for banks to profit from crypto trades without holding inventory risk.