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.

Grayscale Investment will launch the first US spot Chainlink exchange-traded fund this week by converting its existing LINK trust into an ETF structure, according to ETF expert Nate Geraci. The product will provide traditional investors with regulated access to Chainlink without the technical complexities of cryptocurrency custody. LINK traded at $12.16 on December 1, 2025, down more than 6% amid broader market weakness.

Aave deployed its V4 testnet on November 19, 2025, introducing a Hub and Spoke architecture that consolidates liquidity through unified Liquidity Hubs. The upgrade replaces independent markets with a shared pool structure designed to improve capital efficiency and enable modular lending configurations with isolated risk profiles.

Aave Labs introduced a mobile savings application on November 17, 2025, designed to compete with traditional banks and fintech platforms. The app offers annual interest rates up to 9% and insurance protection covering deposits up to $1 million. Users can fund accounts through stablecoins, bank transfers, or debit cards, with interest accruing continuously around the clock.

US spot Bitcoin ETFs posted $1.11 billion in net outflows for the week ending November 14, marking the third consecutive week of withdrawals, according to SoSoValue data. BlackRock's IBIT fund led exits with $532 million, while Grayscale Bitcoin Mini Trust saw nearly $290 million depart. Bitcoin traded near $95,647, a six-month low, as cryptocurrency markets recorded $617.45 million in liquidations within 24 hours.

Shiba Inu saw 207 billion tokens exit cryptocurrency exchanges within 24 hours. Data show 121 billion SHIB left exchanges on November 15, with outflows continuing into November 16. SHIB trades at $0.000008995 despite the significant supply reduction.

A trader secured over $2.5 million in profit from a leveraged Starknet position opened three days earlier, data show. The trader has since opened a 10x leveraged long position on Hyperliquid's HYPE token valued at approximately $2.98 million.

Ethereum holdings on Binance have dropped to levels last seen in May, indicating heightened accumulation activity, according to CryptoQuant data. Solana is trading near critical support at $163–$165, while Zcash declined 25% following recent gains. The broader cryptocurrency market lost 2% over 24 hours.

Bitcoin has declined below $102,000, breaking its 365-day moving average for the first time in over three years. CryptoQuant's Bull Score Index fell to zero, a level last recorded before the 2022 bear market. The cryptocurrency trades at $102,298, down nearly 7% for the week and more than 16% for the month.