A cross-chain bridge connecting Coinbase's Base network and Solana went live on mainnet Thursday. The infrastructure enables direct asset transfers between the Ethereum layer-2 network and Solana's blockchain using dual verification from Chainlink CCIP and Coinbase operators. The deployment supports movement of SOL and SPL tokens into Base applications including Zora, Aerodrome, and Virtuals.

Italy's financial regulator Consob has mandated that Virtual Asset Service Providers obtain Crypto-Asset Service Provider authorization under the EU's Markets in Crypto-Assets Regulation or cease operations by December 30, 2025. Operators that fail to secure certification by the deadline will be prohibited from serving Italian customers and must return user assets. Providers submitting applications before December 30 may continue services during review, with full compliance required by June 30, 2026.

Ripple CEO Brad Garlinghouse projected Bitcoin will reach $180,000 by December 31, 2026, citing anticipated U.S. regulatory progress as the primary catalyst. Speaking at Binance Blockchain Week, he identified the proposed CLARITY Act as a key driver that could unlock industry growth. Prediction markets assign only 25% probability to Senate approval of crypto legislation before the end of 2026, though near-term sentiment favors Bitcoin reaching $100,000.

21Shares has launched a leveraged exchange-traded fund for Sui on Nasdaq, trading under the ticker TXXS. The fund offers 2x daily exposure to the Layer-1 blockchain asset. This marks the first leveraged ETF tied to the Sui ecosystem available on a major U.S. exchange.

Bitcoin declined to $92,000 following a -32% drawdown from its all-time high, marking the steepest correction in the current cycle. On-chain data shows the P/L Score has remained in the -3 zone since November 6, a level historically associated with bearish market regimes and extended correction phases.

Ethereum's exchange-held supply has declined to 8.84%, nearly half Bitcoin's 14.8%, data show. Staking contracts, DeFi protocols, and long-term holding patterns are driving ETH off trading platforms at an accelerated pace compared to BTC.

Ripple's XRP token saw social media sentiment reach its most negative level since October, according to social analytics platform Santiment. The deteriorating sentiment coincides with a 31% price decline over two months. However, spot XRP ETFs recorded 13 consecutive days of net inflows totaling nearly $900 million since mid-November.

The European Commission has proposed granting the European Securities and Markets Authority direct oversight of all crypto asset service providers in the bloc. The proposal would replace the current passporting system with centralized licensing, similar to the U.S. Securities and Exchange Commission's model. Officials say the shift addresses regulatory fragmentation and inconsistent standards across member states.