The Commodity Futures Trading Commission has authorized spot cryptocurrency products to trade on federally regulated U.S. futures exchanges for the first time. Acting Chairman Caroline Pham said the decision aims to provide American investors with secure, regulated domestic trading options rather than relying on offshore platforms. The authorization follows Congressional reforms enacted fifteen years ago to strengthen U.S. markets after the financial crisis.

Italian authorities have set December 30, 2025 as the final deadline for virtual asset service providers to submit authorization applications under the Markets in Crypto-Assets Regulation framework. Operators that fail to file by this date must cease operations and terminate client relationships. Law Decree 95/2025 extended the original June 30 cutoff by six months to allow firms additional preparation time.

SpaceX moved 1,083 BTC worth approximately $99.81 million to Coinbase Prime Custody addresses, data show. The USPD stablecoin suffered a $1 million exploit through a CPIMP attack that compromised proxy-layer logic during deployment on September 16, 2025. A Cloudflare outage disrupted access to major exchanges including Coinbase, Kraken, and Upbit.

SpaceX transferred 1,083 BTC valued at approximately $99.8 million on December 5, data show. The aerospace company holds roughly 5,012 BTC across identified wallets, worth around $457.8 million at current prices. The transfer originated from a SpaceX-associated wallet to a new address, following patterns consistent with previous movements to Coinbase Prime custody infrastructure.

Ethereum validator participation fell to approximately 75% on December 4, 2025, after a bug in the Prysm consensus client disrupted node operations. The decline approached the two-thirds finality threshold required for network consensus. Engineers deployed an emergency workaround using a startup flag, and participation rates returned to normal levels within hours.

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.