Satsuma Technology Sells 579 Bitcoin Ahead of Planned LSE Uplisting

Klarna, the Swedish fintech company, has announced a partnership with Privy, a Stripe-owned entity, to develop features for crypto wallets, following its recent launch of the KlarnaUSD stablecoin. This collaboration aims to enhance the integration of cryptocurrency within Klarna's ecosystem.

A recent report indicates that approximately 65% of corporate Bitcoin treasuries are currently experiencing unrealized losses, primarily due to Bitcoin's price drop below $90,000 in November. This significant decline has left many corporate holders in a precarious financial position as they navigate the volatile cryptocurrency market.

The Samourai Wallet trial has emerged as a pivotal case in the ongoing debate over financial privacy and developer freedoms, particularly as former President Trump pledges to support self-custody in cryptocurrency. The outcome could significantly influence the regulatory landscape surrounding Central Bank Digital Currencies (CBDCs) and innovation in cryptographic finance.

Bitcoin's price surged above $94,000 following a 25 basis point cut in the Federal Reserve's benchmark rate, which now stands at 3.50%–3.75%. This move aims to support job growth and address high inflation levels, reflecting a significant moment in the cryptocurrency market.

SpaceX has moved 1,021 BTC, valued at approximately $94.5 million, as part of a series of transactions this year totaling 8,910 BTC, indicating a strategic consolidation and upgrade of its Bitcoin holdings ahead of a potential mega IPO.

Strategy has formally urged MSCI to retain digital asset treasury companies in its global indexes, arguing that the proposed exclusion could have harmful consequences. The letter highlights concerns over MSCI's digital asset threshold, which Strategy deems misguided.

American Bitcoin Corp. has increased its bitcoin reserves by 416 BTC, bringing its total holdings to 4,783 BTC, while ProCap Financial has reached a milestone of 5,000 BTC in its portfolio. This growth reflects a strategic move by both companies to strengthen their positions in the cryptocurrency market.

The Samourai developers are advocating for a pardon to correct what they believe is a misapplied law that has led to legal challenges against them, emphasizing the need for legal clarity in the realm of non-custodial, open-source software. This call for a pardon is seen as essential for the future of decentralized technologies.